| What are Foreign Country Reviews and Overseas Start-up? AGARSS
maintain a constant watch on socio-political and economic developments in many countries
throughout the world and as such are well positioned to carry out detailed analysis of
emerging markets from the perspective of investment risk versus economic potential. Not
only are geological factors considered when evaluating a country as a potential target for
mineral exploration and investment, but many other factors including mining culture,
mineral law, investment laws, expatriation of profits, foreign currency rules, taxation,
labour laws, industrial relations, environmental issues and sovereign risk are all
considered as part of the equation. AGARSS has been involved in reviews of, and the
establishment of operations in a number of countries for several different clients.
Examples of work AGARSS has been involved in
Bolivia, Geographe Resources Ltd., 1997. A review of options on a project inherited,
still current.
Argentina, Peru, Chile and Bolivia, Bayley Resources N.L., 1997. Still current.
Argentina, Peru, Chile and Bolivia, Savage Resources Ltd., 1994. Led to establishment
of local exploration office, project generation and continuing exploration.
Bolivia, Ashton Mining Ltd. 1991. Led to exploration joint venture programme which ran
for 2 years before Ashton Mining withdrew.
Turkey, Carr Boyd Minerals Ltd., 1989. Led to advanced discussions with Turkish
Government on joint venture exploration programmes. Project finished subsequent to
corporate takeover of client in 1990.
Oman, Carr Boyd Minerals Ltd., 1989. Led to advanced discussions with Omani Government
on regional exploration surveys. Project finished subsequent to corporate takeover of
client.
Philippines, Carr Boyd Minerals, 1988. Considered premature and left for continuing
observations.
U.S.A., Carr Boyd Minerals Ltd. 1988. Led to establishment of exploration office in
Nevada and extensive exploration programmes ultimately curtailed subsequent to corporate
takeover of client.
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