http://www.quriresources.net/qurirss.php Quri Resources Inc. Newsletter from the company and the industry en-us Copyright 2010 Quri Resources Inc. | All rights reserved 2010-03-11T22:51:34-05:00 Newsletter http://www.quriresources.net/index.php?serial_len=2&serial_pag=14#noticia42
You may have noticed that our web page was down for several weeks during the month of November, this was no fault of ours and can be attributed to a hosting-glitch with our former web-hosting service provider, (www.godaddy.com). We would like to extend our most sincere apologies for the inconvenience this may have caused.

We have since switched plans to www.fatcow.com which has been rated #1 in hosting services. We encourage you to visit their site and get familiarized with their service portfolio.

The company is moving forward in all fronts, we are continuing exploration in our properties and we have completed planned acquisitions. We will disclose more specific information in the near future.

Truly yours,

Jaime S. Gomez, CEO and President of Quri Resources, Inc.
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Our offices will be closing today at 12:00 Eastern Standard Time (U.S) and will reopen on January 4th, 2010. We wish you the happiest of holidays and a very prosperous new year.

To contact our offices during the holidays please do so through: info@quriresources.com

We will be updating our website with new information upon our return.

Thank you for all your support in 2009 we hope to make your 2010 a very successful and profitable year.

Kind regards,

Jaime S. Gomez]]> 2009-12-15 http://www.quriresources.net/index.php?serial_len=2&serial_pag=14#noticia43 http://www.quriresources.net/index.php?serial_len=2&serial_pag=14#noticia41 2009-08-05 http://www.quriresources.net/index.php?serial_len=2&serial_pag=14#noticia41 http://www.quriresources.net/index.php?serial_len=2&serial_pag=14#noticia40
Quri Resources, Inc. plans to acquire 100% interest in the Melina Project. This property is located 150 kilometers northwest of Quito. Access to the project is via paved roads maintained by the municipality of Pichincha. The Melina Project has an area of approximately 722 hectares (1,784 acres) and is located inside the mining district of Pacto. Geological studies, carried out by Ecuador`s Government in cooperation with the British Geochemical Survey in 1990, revealed two very important gold anomalies measuring approximately 500 meters in diameter in the Pacto mining district, one of which lies entirely within the Melina Concession.

Concentrations of 68 to 107 grams of gold per ton were recorded in previous geochemical studies undertaken by G&G Mining Corp., in June 2008 (Inspectorate Labs, report 69064L/08-6GEO).

Ivan Villarreal, Senior Geologist of Quri Resources, Inc., stated: “This project has a very high recovery potential. The area of the gold district of Pacto is very rich and underdeveloped. With respect to the geochemical report from the government, the anomaly to the south has proven to coincide with two of the richest gold veins of the sector. I expect we will have similar discoveries in the area of the Melina project.”

Eduardo Muñoz, VP of Quri Resources Inc., added: “Following the company`s diversification strategy, this is an important step towards fulfilling our growth expectations in South America. We have a very good relationship with G&G Mining and this letter of intent to acquire Melina puts us closer to our transformation into a producing gold company.”

For more information contact info@quriresources.com
]]> 2009-07-24 http://www.quriresources.net/index.php?serial_len=2&serial_pag=14#noticia40 http://www.quriresources.net/index.php?serial_len=2&serial_pag=14#noticia39
In August 2008, Quri Resources, Inc. entered into an agreement with Produelec S.A. to manage and develop it`s properties in Ecuador. Under this agreement, Quri Resources, Inc. was indebted to Produelec S.A. in the amount of $550,000, to date.

Today, Jaime Gomez, CEO and President of Quri Resources, Inc. announced that he had negotiated a settlement with Produelec, whereby Produelec will waive Quri`s debt in exchange for 5% stake in Quri Resources, Inc.

Mr. Gomez stated, “We have a great working relationship with Produelec and coming to this agreement takes a huge financial burden off our shoulders. This will allow us to move forward at a faster pace.”

For more information contact info@quriresources.com]]> 2009-07-22 http://www.quriresources.net/index.php?serial_len=2&serial_pag=14#noticia39 http://www.quriresources.net/index.php?serial_len=2&serial_pag=14#noticia38
Mr. Gomez stated, “Entering into an agreement with U-Mex was the next logical step for us. It gives us the ability to grow exponentially, giving our shareholders added value.” He further stated, “We have over 4,400 acres in Ecuador and several more thousand in the United States and are currently working on acquisitions here in Ecuador and Argentina. We operate out of Quito, Ecuador subsequently have very low overhead and most of our proceeds from the private placement will go directly to production and acquisitions”

For more information contact info@quriresources.com
]]> 2009-07-21 http://www.quriresources.net/index.php?serial_len=2&serial_pag=14#noticia38 http://www.quriresources.net/index.php?serial_len=2&serial_pag=14#noticia37
Quri Resources, Inc. (Pink Sheet: QURI) announced today a 1-for-100 reverse split of its common stock and the new trading symbol of QURS effective as of the open of business on July 21, 2009.

Jaime S. Gomez, CEO of Quri Resources, stated, “We just completed the acquisition of La Conquista gold mine project in Ecuador and entered into an agreement for financing for 3 million Euros. As part of these agreements we were required to restructure our capital stock. This is an exciting time for our company and our shareholders. It’s my hope that our shareholders will see this as a positive step towards explosive growth. We are a fast growing company in an exciting industry.”

At the effective time of the reverse stock split each one hundred (100) shares of Common Stock of Quri Resources, Inc., will automatically convert into one (1) share of Common Stock. This effectively reduces the total issued and outstanding shares to 2,499,975. No fractional shares will be issued in connection with the reverse stock split. Instead, any fractional share resulting from the reverse stock split will be rounded up to the next largest whole share.

For more information contact info@quriresources.com
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Ing. Edison Veloz originally served on the advisory board and has now accepted a position on the Board of Directors as an independent director. Mr. Veloz comes to us from the Ministry of Mines and Petroleum in Ecuador where he served as a mining Auditor. He has vast knowledge and experience conducting studies about environmental impact diagnosis and evaluation. Mr. Veloz has rendered his services for both the public and private sectors. Mr. Veloz has served as National Mining Director and Regional Mining Director of Ecuador; within the private sector, he has consulted hundreds of local companies and some major mining companies such as: ARB Inc., Colisa, Cultex and Odin Mining International Inc. He has a post-grade degree in Sustainable Development of Minerals from the Japan International Cooperation Agency, and currently he is member of the advisory board of several mining companies wishing to enter into the Ecuadorian market.

Duncan Bain is a Director of several junior mineral exploration companies. He has been in the exploration and mining industry since an undergraduate student in 1975. He has run an exploration consulting firm since 1986 whose work has included supervision of grassroots to advanced stage programs which have included airborne and ground geophysics, mapping, geochemical sampling, trenching and drilling, and has worked in both underground and open pit operations. He has reviewed numerous gold, silver, base metals and diamond properties in a wide range of geological environments, both in Canada, and internationally, in the southwestern U.S., Mexico, Ecuador, Peru, Colombia, Portugal, Saudi Arabia, China and Papua/New Guinea. Mr. Bain has written numerous technical reports required for securities filings by Canadian and U.S. securities commissions. Mr. Bain has served as an advisor previous to this appointment and he had previously accepted a position in April but has not been available until now.

Jaime S. Gomez, CEO and President of Quri Resources, Inc stated, “We welcome Mr. Bain and Mr. Veloz to our growing team. They have worked with us in the past, as independent consultants, (in their respective fields of expertise), and having them accept positions on our Board of Directors as independent directors, validates Quri Resources as a growing company with major potential. I look forward to working with them.”

For more information contact Jaime@quriresources.net
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Quri Resources, Inc. entered into a letter of intent on January of 2009 with G&G Mining Corp., which granted Quri Resources the option to acquire G&G properties in the United States and in Ecuador.

Quri Resources, Inc. has now acquired 100% interest in the Conquista Gold mines (990 hectares). This property is located 150 kilometers northwest of Quito. Conquista has 2 working mines, the Santa Teresa and Palanzuro. Free gold can be observed and concentrations of up to 15 grams per ton are present. Past production in addition to continued sampling have shown probable gold deposits exceeding management’s original expectations. It is the intention of the company to begin production within 3 months.

Eduardo Muñoz, VP of Quri Resources, Inc. stated “We have been on site for 5 months studying the property, today our plans materialized. It gives me great pleasure to see the company moving towards growth and success. We are slowly transforming from a junior exploration company to a gold producing company. Ecuador is moving closer to becoming one of the important mining sectors in the Americas and we want to grow along with the country. Kinross just finished its acquisition of Aurelian; Dynasty Minerals, Corriente, Nortec Ventures, International Minerals Corp, just to name a few are among some of the majors also positioned in Ecuador, we are amongst good company. Everyone should expect to hear more exciting news in the near future.”

For more information contact info@quriresources.net]]> 2009-06-29 http://www.quriresources.net/index.php?serial_len=2&serial_pag=14#noticia35 http://www.quriresources.net/index.php?serial_len=2&serial_pag=14#noticia34
Quri Resources, Inc. entered into a letter of intent on January of 2009 with G&G Mining Corp., which granted Quri Resources the option to acquire G&G properties in the United States and in Ecuador. The company has informed G&G Mining, that it will exercise its option to acquire the Conquista concession in Pacto, Ecuador.

Geochemical investigations conducted in 1990 by the Ecuadorian Government in cooperation with the British Geological Survey indicate two major metallic anomalies in the zone of Pacto, where La Conquista is located. The property has 2 working mines, the Santa Teresa and Palanzuro. Current exploratory efforts have revealed five veins where free gold can be observed and concentrations of up to 10 grams per ton are present according to sampling studies. Past production in addition to continued sampling have shown probable gold deposits exceeding management’s original expectations.

Eduardo Muñoz, Vice President of Quri Resources, Inc. stated “Securing the land rights on this property has vital importance to our growth in the region. We have the great opportunity to own the surface rights above La Conquista, combined with our option to acquire the mine. This places us in a very unique position.” Mr Muñoz then stated “We are in the midst of securing financing in order to exercise our option to acquire La Conquista.”]]> 2009-06-22 http://www.quriresources.net/index.php?serial_len=2&serial_pag=14#noticia34 http://www.quriresources.net/index.php?serial_len=2&serial_pag=14#noticia33
Eduardo Muñoz, VP of Quri Resources, stated “We invite the general public and our shareholders to subscribe to the company`s newsletter to keep track of the company`s progress. Our website is now more interactive with up to date geology reports, investor relations section, mining-site pictures, and up to date contact information. Our objective is to keep our shareholders and potential investors informed at all times”. Mr. Muñoz also stated. “In order to complete this objective we expanded by hiring Mr. Gianni Carducci as our shareholder relations liaison. Mr. Carducci received his MBA from the prestigious Florida International University. As a company we are much better for having Mr. Carducci join our highly experienced team.”

For more information contact info@quriresources.net]]> 2009-04-24 http://www.quriresources.net/index.php?serial_len=2&serial_pag=14#noticia33 http://www.quriresources.net/index.php?serial_len=2&serial_pag=14#noticia31
Mr. Bain acquired a Bachelor of Science Degree, Geology from the University of Western Ontario, London, Ontario, Canada in 1977. He is a Professional Geoscientist (P.Geo.), and is presently a Qualified Person (QP) as defined by National Instrument 43-101. His experience includes airborne and ground geophysics, mapping, geochemical sampling, trenching and drilling, and has worked in both underground and open pit operations.

Mr. Bain is looking forward to working with the other members of the Quri Resources team to develop Ecuador’s untapped mining potential. He will also serve as permanent advisor to our geology team.

“Dr. Bain is certainly a valuable addition to our company, we are thrilled to have him on board. Understanding the importance of building a team highly professional and effective for our company, I am sure that Dr. Bain fits in perfectly at Quri Resources Inc.”. Eduardo Muñoz, Vice President HR.
]]> 2009-04-20 http://www.quriresources.net/index.php?serial_len=2&serial_pag=14#noticia31 http://www.quriresources.net/index.php?serial_len=2&serial_pag=14#noticia32
Quri Resources, Inc. plans to acquire 100% interest in the Conquista Gold mines. This property is located 150 kilometers northwest of Quito. Access to the concession is via paved roads maintained by the municipality of Pichincha. Conquista has 2 working mines, the Santa Teresa and Palanzuro. Free gold can be observed and concentrations of up to 15 grams per ton are present. Past production in addition to continued sampling have shown probable gold deposits exceeding management’s original expectations. It is the intention of the company to begin production within 18 months after acquiring the Project.

Eduardo Muñoz, VP of Quri Resources, Inc. stated “Following our diversification strategy, this is an important step towards fulfilling our growth expectations in South America. We have a very good relationship with G&G Mining and this letter of intent to acquire Conquista puts us closer to our transformation to a producing gold company, from a junior-exploration company.”

For more information contact info@quriresources.net

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Quri Resources, Inc. entered into a Letter of Intent in January of 2009 with G&G Mining Corp., granting Quri Resources the option to acquire G&G properties in the United States and in Ecuador.

Quri Resources, Inc. plans to acquire 100% interest in the Oatman Gold mines. The Oatman Gold Project is comprised of two groups of mining claims in Arizona’s premier gold producing district. The Central Claim Block (approximately 1,050 acres) includes the Argo mine located on the Tom Reed vein; and the Southern Claim Block (approximately 2,560 acres) includes numerous mines with a record of past gold production, including the Green Quartz Mine, the Oatman United Mine and the Lazy Boy Mine. Historically this property has yielded over 2,000,000 ounces of gold pre WWII.

Jaime S. Gomez, CEO and President of Quri Resources, Inc. stated “We have a very good relationship with G&G Mining and informed G&G’s management team our intent to exercise our option to acquire the Oatman Mines, this month. Based on our diversification strategy, this is quite an important step towards expanding our reach in the United States. We are very proud of our progress as a junior exploration company and expect our transformation to a producing gold company to be complete by mid-year. We have very high growth expectations in South America and now in the United States, with this acquisition.”

For more information contact jaime@quriresources.net]]> 2009-03-16 http://www.quriresources.net/index.php?serial_len=2&serial_pag=14#noticia30 http://www.quriresources.net/index.php?serial_len=2&serial_pag=14#noticia28
Quri Resources Inc. understands the importance of experience as a key factor in a professional`s success. We feel proud to contribute in the development of the next generation of professionals, which will lead to a stronger industry. On March 3, 2009, the first group of students, from Central University of Ecuador, joined one of our exploration teams in the region.

“We`re all excited about this opportunity to share experience and inspire innovation… It is a ´quid pro quo` relationship that will bring benefits to all of us… and we certainly hope to have more opportunities to help in this manner throughout our company”, stated Eduardo Muñoz, VP Human Resources and Logistics.]]> 2009-03-04 http://www.quriresources.net/index.php?serial_len=2&serial_pag=14#noticia28