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Publicly Traded Company
As of October 20, 2017, National Sales Corps acquired 100% of the stock Dane Mining & Exploration Ltd. Through this acquisition, it established an operating entity to place the mine back into full operations and provide not less than 8,000,000 ounces of Gold to one of our affiliate Public Companies over a 10 year forward production agreement. This will provide an asset backed stock of not less than 1 gram per authorized common share to one of Jupiter's public entities.
The Volcano & Kimball mines are located in Hidalgo County, New Mexico, three miles from the Arizona/New Mexico state line, and nine miles north of Interstate 10. The Volcano & Kimball properties are 20 acres each, deeded and patented. In additional, there are up to ten 20 acres properties claims available to Dane Mining through Bureau of Land Management (BLM). The company is in good standing with an active mining permit.
In 1981, Thomas Young wrote his master's Thesis on the Volcano Mine and the surrounding BLM area for his Degree of Master of Sciences in Geological Engineering from the University of Arizona. In his thesis/essay, he indicates that the gold is more widely distributed than the silver and those minerals increase with depth. Mr. Young’s engineering study went in-ground to the 500 foot level, and determined the proven/probable ore was approximately 40,000,000 tons, therefore the overall amount of silver would be 800,000,000 ounces, the overall amount of gold would be 40,000,000 ounces, the overburden (rock not showing much mineral value used for road construction, etc.) is approximately 150,000,000 tons, the silica is approximately 100,000,000 tons, copper would be approximately 75,000 pounds, and there is also an undetermined amount of molybdenum below the 500 foot level. The Kimball property/mine has not been mined by Dane Mining & Exploration LTD, but the plat map shows an audit on the property, which showed 3 ounces of gold and 10 ounces of silver per ton. It is estimated at 20,000,000 tons of mineable ore, and the El Oro vein located on the Kimball is believed to be a richer vein than the Volcano vein.
Dane Mining and Exploration, LTD, purchased the Volcano and Kimball mines May 5, 1997. Dane Mining & Exploration, LTD was incorporated in Nevada on August 13, 1997, by Judy Dane.
The Volcano Mine has been mined as an underground gold-silver producing property since 1886. It was patented under “U.S. Mining Law of 1885” in 1922. (Patent results in a Warranty Deed.)
Dane Mining has the ability to lease the 10 surrounding BLM mining claims and with these patented mining properties (Volcano and Kimball) and the 10 BLM claims, the company has established that the proven mineable ore reserve exceeds 40 million tons.
Dane Mining leased the property in 1994 and mined the Volcano Mine as an open pit mine. In 1997 an open pit mining permit was obtained from the State of New Mexico and Dane Mining & Exploration, LTD mined the Volcano and sold the ore to Phelps Dodge Co.
Past mining payout sheets have shown the silver to average over 20 ounces per ton and the gold to average over 1 ounce per ton.