OAKLAND, Calif., May 23, 2016 /PRNewswire/ -- On March 16, 2016 Oro East Mining Inc. (OROE) (the "Company") joined in a commercial venture with Hang Zhou Ci Xiao Tang Technology Co. Ltd. ("Hang Zhou Tech"), a corporation registered with the People's Republic of China to form Magnique, LLC ("Magnique"), a private California registered limited liability company. Hang Zhou Tech and the Company entered into a Joint Venture [...]
OAKLAND, Calif., Dec. 29, 2015 /PRNewswire/ -- On December 15, Oro East Mining Inc. (OROE) (the "Company") sponsored and hosted the Guizhou and California Business Exchange Summit at its offices in Oakland. The Company hosted Ms. Xiang Hong Qiong, the Governor of the People's Government of Qiannan Prefecture from the People's Republic of China, Ms. Sang Li, the Director of Finance from the Qiannan Prefecture, Ms. Zhang [...]
OAKLAND, Calif., Aug. 17, 2015 /PRNewswire/ -- Oro East Mining Inc. (OROE) (the "Company") submitted a patent application on June 29, 2015 for proprietary equipment that would dry gold tailings in mining production through parabolic solar concentration ("patent pending Invention"). The patent pending Invention will help the Company extract water from dry tailings from gold mining production. The purpose of the patent [...]
Oro East Mining is pleased to announce the completion of the updated technical report for the Red Bank Mine Project located in Mariposa county, California, prepared in accordance with National Instrument 43-101 Technical Report summarizing the results of its recent study. Based on the Technical Report dated December 29, 2014, prepared by Robert Campbell, M.S., California Professional Geologist, California Certified [...]
Oro East Mining entered into a sales and purchase agreement for raw ore containing gold with a Chinese-based corporation, Fujian Province Meixinyao Mining Development Company headquartered in Dehua, Fujian, China. The agreement is for the sale of unprocessed, raw, rough gold ore. The Buyer would remit 30% of the contract price, or $450,000.00 by wire transfer to the Company within 10 days of the execution of the [...]
Oro East Mining entered into a binding letter of intent with Red Bank Trust for the purchase of certain lode and placer mining claims and all mineral rights thereto, spanning 55 deeded acres in Mariposa County known as the Red Bank Mines, including an easement, right of entry, and other rights and interests as set forth in the LOI ("Mining Claims and Mineral Rights"). A long-form purchase agreement for the Mining Claims [...]
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