ANNOUNCEMENTS

Own Gold continues to embellish its production capabilities through acquisitions, production agreements and enhanced production/refining methodology. Status reports are outlined by claim below.

Hauser Lake Claim (Montana)
The company has entered into a production sharing agreement with Paragon Mining that is sufficient to meet the company's delivery obligations.
read more

Corporate

Own Gold, LLC is a high quality emerging mid-tier gold producer with projects in Nevada and Montana in the United States.

The company has a strong board of directors who bring many years of experience from a diverse background enabling them to have a very balanced stable global view and excellent management ability.

Own Gold, LLC has been proving itself to be able to successfully mine and deliver gold to customers around the world.
read more



Projects

nevada mining claims


The Company's mining claim is an open-pit, heap leach operation located near Southeastern Nevada. It consists of two mining claims totalling 1440 acres in an area consisting of alluvial sediments having a surface area of over 0.5 miles square. read more


Montana Mining claims


The state Montana - known as the 'Treasure State' - is well known for its enormous copper and coal deposits as well as an 1800s gold rush.

The Hauser Lake property is an exceptional gold mining region. The mining claims are located near the historic river channel of the Missouri river.
read more

investors

Owning offers you surprisingly flexible options

Buy gold as a hedge or harbor against economic, political, or social fiat currency crises (including investment market declines, burgeoning national debt, currency failure, inflation, war and social unrest). read more


Own Gold Forms Strategic Relationship

Own Gold Announces Strategic Alliance with Investor Relations Firm Ascension Partnership and its intention to pursue taking the company public. read more

LIVE GOLD PRICE



Update July 15, 2013


Due to unforeseen forces of nature and equipment failure Own Gold announces that it has temporarily suspended dredging operation on its Montana mining claim. Two major back to back winter storms hit the upper Midwest in April and delayed the start of the dredging season on the Missouri River.

The Company’s Missouri River claim consists of a 14 mile stretch of river with over 1 million recoverable ounces of gold according to recent geological reports.

With mountain passes and roads clear for transport the Own Gold Montana crew initiated lake trials of the dredging barge in preparation of this year’s mining activities. The results of the trials demonstrated that the main power plant of the barge was failing to provide adequate power to operate the suction dredge.

The crews spent a full week trouble-shooting in efforts to repair the engine but were unsuccessful. Due to the age of the power plant and scarcity of replacement parts Own Gold’s management decided to replace the power plant at considerable cost with a new more powerful engine that would ensure continuous reliable operation and production for years to come.

To date the old power plant has been disassembled and removed from the barge and the new engine is expected to be delivered by the end of this week. We also took the opportunity to order all new hydraulic systems and manifolds for the complete automation of production runs. We anticipate that we should be up and running again for the production of gold by the end of the month. It should take us several months to catch up on our delivery schedule.

There have been some changes in management at Own Gold. Craig Nelson, former CEO has left the company and was replaced with Lawrence Wunderlich who assumed the position of President and Chief Executive. Mr. Wunderlich has over 16 years experience running companies as an executive including a publicly traded biotechnology company.

Recently, the Company hired Mike Clifton as Production Manager. Mr. Clifton has years of experience in this field and is in charge of increasing gold production by enlarging our dredging fleet and overseeing operations.

We are actively negotiating to acquire additional mining properties in order to grow the Company and increase production.

We appreciate your patience and look forward to giving you regular updates on our progress.

Sincerely,

Own Gold, LLC

×