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Consulting
Ted Eyde does most of the consulting work. Consulting subsidized the mineral production
activities from 1987 through 1996. In 1997 minerals sales increased substantially and
covered the full cost of property holding costs, mining, production, and general and
administrative costs. Projections indicate that mineral sales will continue to increase in
1998. Between 1989 and 1997 GSA Resources completed several major consulting projects.
These include:
| 1990 |
Evaluation of the Mt. Gelai Hectorite Deposit Lake Natron,
Tanzania East Africa. |
| 1989-92 |
Exploration of the Grottos Bentonite Deposit Barstow,
California which included drilling and underground workings. |
| 1993 |
Evaluation of the available aggregate resources in the Tucson
and Phoenix Metropolitan areas.. |
| 1994-96 |
The discovery, evaluation and reserve estimate of the high
calcium limestone deposit at the Grasberg Mine, Tembagapura, Irian Jaya, Indonesia for P.
T. Freeport Indonesia. The company has started the quarry and nearly completed the lime
plant at a budgeted cost of $32,000,000. |
| 1995-96 |
Evaluation including as estimate of the quartzite reserves at
the Camp Grant Silica Deposit for Magma Copper Company at San Manuel, Arizona. |
| 1996 |
Evaluation including a reserve estimate of the Valco
aggregate properties at Pueblo, Colorado for the Transit Mix Division of Continental
Materials Corporation. Valco was purchased by Continental Materials Corporation for
$5,000,000. |
| 1997 |
Reclamation Plan for the Western Talc Mine Tecopa, California
for R.T.Vanderbilt Company Incorporated. |
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