Spectrum Acquisition Holdings, Inc.
Spectrum Acquisition Holdings, Inc. (PINK: SPAH)
Detailed Quote: http://www.otcpicks.com/quotes/SPAH.php
Company Web Site: http://www.mineamerica.com/spec_acq/index.htm
Spectrum Acquisition Holdings Inc., (“Spectrum” or the “Company”) is a new technologies engineering business serving the mining industry. It is developing “Small footprint” technologies including, Laser Guidance Systems for Diamond Wire Stone Cutting, Apparatus for Digesting Metal Ore with Bacteria and new Green Mining technologies that represent sustainable green mining innovations. The Company is focused on producing cash flows from its Western American Mining division and Avalon acquisitions, as well as, its proprietary Eco-Mining Technology.
Spectrum is executing a three-pronged strategy for growth. The Company is acquiring interests in high quality, low-risk gold projects with past production and sizeable resources. Spectrum is developing technology solutions to enable more sustainable, smaller footprint mineral exploration, production and processing. Spectrum is also pursuing acquisitions of mining sector service companies including operators, mine site service providers, equipment manufacturers, geology firms and technology developers.
As a business, Western American Mining functions from the perspective of an engineering firm. Western American Mining is Spectrum Acquisition's Mining division and is the administrator for Intellectual Property, patent applications and develops and acquires proprietary technology and patents that bring synergies and value potential to Spectrum's targeted acquisitions.
Western American Mining creates the synergies between and increases the value of Spectrum's growing mining industry target acquisitions as well as its subsidiary, Avalon Perspectives at Graham Gulch .
As of April 2008 Western American Mining merged into the Spectrum Acquisition Holdings public company and changed its name to Spectrum Acquisition Holdings. Western American Mining is a green mining technology division and engineering nucleus that administers the intellectual property and patents for Spectrum Acquisition.
Business & Services
At the core of its operations, Western American Mining is a niche mining technology engineering service company. Western American Mining division provides a unique opportunity to diversify and become active in several mining industries. Their gold and silver forecasts and future product and service offerings are strong considering the current economic climate. Future growth potential in all facets of our growing operations looks promising. They see a very profitable future and They will continue to invest and reinvest profits into making their company recognized in the financial community.
Western America Mining’s success is simple. Based on the basic steps outlined in the business plan, as Spectrum Acquisition Holdings grows through sound acquisitions, the ability to effectively attract and redirect additional capital increases. Shareholder wealth is increased by finding undervalued companies with good management in the mining industry, acquiring that company at a reasonable price and then providing the means for future growth that would not have otherwise been possible. In the process, new synergies will be developed with Western American Mining’s patent applications and technology engineering mining solutionsfor the various business units.
They have developed and maintain a portfolio of Patent Pending applications that form the proprietary base for their research and development efforts in the area of Biomining and small foot print technologies. They believe that their intellectual property and their technology base provides a competitive advantage and will facilitate the successful development and commercialization of techniques and devices for use in a wide array of alternative green mining approaches.
Laser Guidance System for Diamond Wire Stone Cutting Apparatus
Intrinsically SafeSystem for Mineshaft Illumination
Continuous Refractory Ore Bioprocessing Apparatus
Avalon Perspectives is a Limited Liability Company registered in the state of Nevada. The Company is a wholly owned subsidiary of Spectrum Acquisitions, Inc.
Avalon Perspectives, LLC (also referred to as "the Company") is a start-up tourist destination and commercial mine located on the south fork of the Salmon River in Siskiyou County, California.
Slated to begin service in August of 2012, the Company will provide visitors with an opportunity to experience gold mining in one of the richest gold producing areas in America along with world-class fly-fishing, eco tours and luxury camping in pristine wilderness untouched since the last Ice Age.
Avalon will also operate a commercial gold mine. Avalon Perspectives holds a lease to the mining rights of the property on which it is located; this lease will allow the Company to mine the land for gold. The Company's location is ideal for commercial mining as the areas around the Salmon River have been, and continue to be, highly productive. Furthermore, research suggests that there are additional gold pockets in this location that have yet to be tapped.
Siskiyou County is famous for both its beautiful scenery and its history of gold mining. Avalon Perspectives is committed to providing the very best in service and amenities, catering to the needs of the large number of visitors to Siskiyou County interested in outdoor recreational activities.
"Gold prices continue to rise around the world as both the consumer and industrial demand for gold increases. By operating as a working commercial mine and a tourist destination, Avalon Perspectives will be able to create a strong revenue base that will facilitate growth and expand its green mining technology in the area as well as its tourist services". Chairman Keith Field
Avalon Perspectives will be located near the south fork of the Salmon River in Siskiyou County, California. This area of California, in the Shasta Cascade region near the Oregon and California border, is a popular recreational activity area and tourist destination. Many tourists come to this part of the state of California because of the region's rich history of gold mining, which goes back as far as the American Gold Rush.
Avalon Perspectives is committed to providing the highest quality tourist attraction with top-of-the-line service and amenities. The Company will also operate a commercial mine, selling all of its mined gold on the open market.
Jan 26 - Spectrum Acquisition Holdings, Inc. stated it plans to commence micro-drilling and core sample analysis for gold, silver and platinum on its three (3) gold mine property rights in the historic ancient rivers of gold in the Shasta Cascade region near the Oregon and California borders.
Dec 22 - Spectrum Acquisition Holding Inc., through its acquisition of Avalon Perspectives Inc., has a start-up tourist destination and commercial mine located on the south fork of the Salmon River in Siskiyou County, California.
Dec 19 - Spectrum Acquisition Holdings began its initial phase of Environmental Impact studies on 3 mines that it has acquired rights for, through its acquisition of Avalon Perspectives Inc., along the Salmon River in northern California’s ancient rivers of gold for the purpose of developing and implementing its patented mobile ore digestion Biotechnology to recover gold and platinum in an area that has not been developed or mined with modern geological technology or seismic equipment since the 1940s, as mentioned in our press release dated November 21, 2011.
Dec 16 - Spectrum Acquisition Holdings Corp. announced they are developing “small footprint” technologies including a Laser Guidance System for Diamond Wire Stone Cutting Apparatus and Continuous Refractory Ore Bio-processing Apparatus for Digesting Metal Ore with Bacteria. These two (2) new Green Mining technologies will minimize the traditionally poisonous and toxic environmental threats posed by the mining industry. (Please see US Patents 7,755,013 B1 and 7,842,228 B1, respectively).
Dec 15 - Spectrum Acquisition Holdings, Inc. is working to develop its Non Invasive Bio Mining technologies that minimize waste and replace traditional mining methods that use poisonous cyanide and toxic chemicals by substituting biodegradable non-toxic agents including algae and other microorganisms that are less harmful to the environment. SPAH is focused on Eco Mining Technology.
Recent SPAH News:
January 26 - Spectrum Acquisition To Commence Core Sample Analysis
Spectrum Acquisition Holdings, Inc. (OTC Markets: SPAH), a growing mining technology business developing niche Biomining technology to begin core sample analysis.
Spectrum Acquisition Holdings, Inc. (“Spectrum”), a mining technology developer with niche bio-mining technology has stated it plans to commence micro-drilling and core sample analysis for gold, silver and platinum on its three (3) gold mine property rights in the historic ancient rivers of gold in the Shasta Cascade region near the Oregon and California borders.
Using new small footprint technologies that are environmentally conscious and consistent with the state of California’s moratorium on river dredging for gold, the initial plan calls for geological core sampling using the latest green mining technologies demonstrating niche environmental alternatives with the potential of using algae to breakdown the minerals without disturbing the balance of nature.
(Source: US Patent 7,842,228)
Spectrum, through its acquisition of Avalon Perspectives Inc., is evaluating the reopening of three (3) once highly productive gold mines which have not been evaluated or assessed using modern seismic technology or geological engineering analysis since World War II.
President/CEO A. Dale Henry points out, “Spectrum is facing the same difficulty every new technology provider in America is, we are behind a rock and hard place, but our rock could turn out to be gold, if our honest estimates are correct. The greatest potential we have is that there has been zero mining in an area of high potential where a 31lb. surface pocket of gold was found on Graham Gulch 100 years ago and has never been revisited with modern high technology equipment."
(Source: At today's current gold prices of $1,593.50 per ounce that would be $ 597,562.50 for the 31 pound gold nugget, equal to 375 troy ounces: http://www.theclaimpost.com/GRAHAMGULCHPMC.html)
Spectrum Acquisition Holdings
4301 W. William Cannon Dr.
STE B-150 #253
Austin, Texas 78749