|
Spectrum Acquisition Holdings, Inc. is a new technologies engineering business serving the mining industry. Through Spectrum's subsidiary, WAMCO, 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 will minimize the traditionally poisonous and toxic environmental threats poised by the mining industry.
Spectrum Acquisition is executing a three-pronged strategy for growth. The Company is acquiring interests in high quality, low-risk gold projects with past production and sizable 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.
- In October, 2010 SPAH subsidiary Avalon Perspectives LTD, LCC purchases Graham Gulch Gold Mines in Siskiyou County, California.
- On September 24, 2010 SPAH entered into a Material Definitive Agreement with The Good One, Inc. to purchase Avalon Perspectives LTD, LLC, a company engaged in exploration of mining opportunities.
- As of January 5, 2010 MuniRoyal SAC of Lima, Peru Spectrum signs definitive agreements for two targeted Peruvian Gold Production Mining operation acquisitions.
Shareholders have not heard an update from the company about this definitive agreement.
- As of April 2008 Western American Mining Company has been acquired by and is a fully owned subsidiary of Spectrum Acquisition Holdings, Inc.
|
 |
- Graham Gulch Gold MinesÂ
In October, 2010, SPAH subsidiary Avalon Perspectives LTD, LCC purchases the Graham Gulch Gold Mines in Siskiyou County, California. Since the purchase various evaluations of the land have been made and will continue to be made. This 400 acre property looks very promising and there seems to be a good possibility of potential high grade gold deposits.
Spectrum Acquisition Holdings CEO Dale Henry comments, "The Salmon River is one of the richest river systems in America. Quite a bit of mining has been done in this region and still is being done, with enormous success. Lode veins have been mined here till 1940, and have been known to have high grade pockets. World War II put a financial damper on the world, and they stopped mining this region shortly there after. Luckily for us this means little prospecting has been done since the 1940s, leaving untapped veins for us to explore."
http://www.theclaimpost.com/GRAHAMGULCHPMC.html
http://www.theclaimpost.com/GRAHAMGULCH-MAP1.html
- Pataz Peru Gold Mining and Production Operation
SPAH, through its principal operator, Western American Mining Corp.of Austin, Texas, has entered into a partnership agreement with MundiRoyal SAC of Lima Peru. In addition to administering the expatriation of revenue from the Pataz region in La Libradad, Peru MundiRoyal will manage the mining contracts with the concession holders on two separate projects with similar terms of 50% of the production going to Spectrum Acquisition Holdings SPAH.
- Growth through Acquisition
Spectrum's continuing business plan is to expand through targeted acquisition of companies with strong revenues, high profit margins and audited financials involved with Industrial Equipment Manufacturing, Industrial & Municipal Construction and Engineering companies, industry property management and green mining interests including Bio mining technology and small footprint non-invasive technologies.
Current Subsidiaries include:
- Avalon Perspectives LTD, LLC -- a limited liability company engaged in exploration of mining opportunities.
- Western American Mining Corporation (WAMCO) -- a mining industry technologies engineering business specializing in "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 will minimize the traditionally poisonous and toxic environmental threats poised by the mining industry.
- MundiRoyal Peruvian Gold mining partnership
- Implementation of Patent Applications through Western American Mining Corporation
- Laser Guidance System for Diamond Wire Cutting Apparatus -- Patent Issued
The Laser Guidance System is for controlling diamond wire cutting machinery The Patent applies to a wire cutting system that can continuously detect the precision of cuts being made and modulate the cutting wire's feed rate so as to maximize the cutting performance and to extend the working life of the cutting wire. Precision cutting of large stones is efficiently achieved using a continuous cable imbedded with diamond-impregnated beads. The WAMCO laser guidance system for diamond wire stone cutting apparatus operatively connects cutting wire speed control to a sensor that detects the straightness of the cutting wire as it cuts into a stone. When the system detects deviation of the kerf or notch being cut from the intended, straight cut path, the system communicates with the wire speed controller, i.e., the subsystem that controls the rate at which the wire cutting system moves between the wire guide wheels, so that the proper adjustment of the travel speed may be made so that the distortion is corrected. Accordingly, the forces on the cutting wire are kept within the wire's maximum acceptable tensile limits and non-straight cuts are quickly righted.
- Continuous Refractory Ore Bio-Processing Apparatus -- Patent Issued, November 30, 2010
The bioprocessor monitors the gasification and digestion of metal ore using bacteria in a controlled agitation tank. This technology will increase the production and diminish the waste and harmful chemicals traditionally used in the mining industry. The technology monitors the oxygen and carbon dioxide at every point of the process and provides gasification when and where it is needed. Microbial processes applied to mining operations are gaining increasing interest in recent years. Potential and current applications include the mining of gold, copper and other heavy metals, desulfurization of coal and oil, tertiary recovery of oil and biosorption of metalions. Currently, bacterial leaching of copper and biooxidation of refractory gold concentrates are well established large-scale processes that are carried on using heaps and tank reactors. Heap operation is simple and adequate to handle large volumes of minerals, but their productivity and yields are limited because of the severe difficulties in exerting an adequate process control. http://www.freepatentsonline.com/7842228.html
- Intrinsically Safe System for Mineshaft Illumination -- Patent Pending
The need for illumination systems in a mineshaft is inevitable, as is the unwanted accumulation of naturally occurring flammable gases. When such gas accumulations reach potentially explosive concentrations, there is a potential for a large loss of life should those gases be ignited. This potential is an ever present concern when using conventional lighting systems to illuminate the mineshafts and tunnels. WAMCO's Intrinsically safe system for illuminating a mineshaft or tunnel utilizes large diameter optical fibers to remotely transport light from a light source to an area to be illuminated. Bundles of glass fibers grouped together with a special refractive cladding, where each fiber is configured to provide a visible spectrum radiant flux that approaches the fiber's full modal carrying capacity.
- Biomining Ore Processing Bioreactor Apparatus -- Patent Pending
Currently, bacterial leaching of copper and biooxidation of refractory gold concentrates are well established large-scale processes that are carried on using heaps and tank reactors. Heap operation is simple and adequate to handle large volumes of minerals, but their productivity and yields are limited because of the severe difficulties in exerting an adequate process control. Biomining encompasses two related microbial processes that are useful in the extractive metallurgy of heavy metals: Bacterial or Bio Leaching is the solubilization of one or more components of a complex solid by contact with a liquid phase. Biooxidation is the bacterial oxidation accompanying the metal of interest, as in the biooxidation of refractory gold minerals.
SPAH Security Details
|
 |
| SHAREÂ STRUCTURE --Â As of 02/03/2011: |
 |
| Â Â Â Â Common Shares Authorized |
1,000,000,000 |
| Â Â Â Â Common Shares Outstanding |
215,078,626 |
| Â Â Â Â Shares in Float |
180,331,602 |
| Â Â Â Â Registered Shareholders |
1,067 |
| Â |
 |
| Â Â Â Â Preferred Shares Authorized |
10,000,000 |
| Â Â Â Â Series B Preferred Shares Outstanding |
5,000,000 |
Â
| SHARE STRUCTURE -- As of 5/6/2011: |
 |
 |
| Market Value1 |
$324,934 |
a/o May 06, 2011 |
| Shares Outstanding |
270,778,363 |
a/o Apr 04, 2011 |
| Float |
222,639,023 |
a/o Apr 04, 2011 |
| Authorized Shares |
1,000,000,000 |
a/o Feb 03, 2011 |
| Par Value |
0.001 |
Shareholders
| Shareholders of Record |
1,067 |
a/o Feb 03, 2011 |
| Beneficial Shareholders |
N/A |
SHARE STRUCTURE--AS OF 7/27/2011
Market Value1                                                   $192,467 a/o Jul 28, 2011 Shares Outstanding                                    320,778,363 a/o Jul 27, 2011 Float                                                              269,692,128 a/o Jul 27, 2011 Authorized Shares                                   1,000,000,000 a/o Mar 31, 2011 Par Value 0.001 Shareholders of Record                                        1,063 a/o Jul 27, 2011
Â
|