Petaquilla discovered more gold

Petaquilla Minerals Ltd. (PTQ) found mineral resources equivalent to 502.800 ounces of gold in the river Belencillo deopsit, an area where they recently won eligibility for exploration. The operations are known as Palmilla mine and works with Molejon in Donoso. The estimated mineral resources discovered contain about 19. 7 million tonnes of inferred resources at an average gold per tonne of 0. 50 grams of gold, 0. 18% copper and 0.54 grams of silver. The cost of gold is $ 1,600 per ounce, copper is $ 3. 54 per pound and silver is $ 30 per ounce.

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Richard Fifer -anonymous article

A recent anonymous article posted on an internet website implied that Richard Fifer had been involved in illegal activities and that he had defrauded his business partners in the past.  This is a completely false statement.

  • Richard Fifer has never been indicted or convicted for any illegal activities in the Republic of Panama
  • The situation detailed in the article was about Minamerica Panama, of which Richard Fifer was only a shareholder and member of the Board of Directors.
  • Richard Fifer has never been charged for fraud or anything similar.

Upon reviewing the article it became clear that this was a deliberate smear campaign purposely aimed at discrediting Richard Fifer as the facts were garbled and misquoted.

read more soon….

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Portobelo

Historic site and tourist attraction, Portobelo is a town located in the Caribbean in the Province of Colon, in which its inhabitants have jealously guarded their customs and traditions. Central point of the life of Portobello is the celebration of the Black Christ festival, which attracts not only Panamanians from all corners of the Republic but also to foreigners who travel to Panama just to attend the festival.

Although currently Portobelo is a small town, it was originally one of the most important Spanish ports in Central America. Important commodities such as gold from Peru and treasures from the East came to the city of Panama and were taken to Portobelo by mules for shipment to its destination. An annual fair was held, during which galleons laden with goods from Spain came to market their products. Perhaps because of its importance, Portobelo was constantly under attack by British pirates and was destroyed several times throughout its history.

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Richard Fifer – The history of Gold in Panama

500 years ago, Panama was attractive to the Spanish for the gold in the ornaments worn by natives or “First Nation settlers” as they like to say in the isthmus and the possibility of getting a passageway or a channel to the Indian sea Marcus Brutus spoke of.

The gold that adorned them was a clear indication of the volume that could be drawn from these lands, the Indians stretched and kneaded the 18 and 24 carat gold of soft material and then molded their figurines. Columbus was not wrong and those who followed him, after reaching the shores of Panama after his fourth voyage.   Gold was abundant in the area and the Indians spoke of a sea across the isthmus. In addition to the task of evangelization, Columbus was determined to carry gold to Spain to finance the crusade that would allow the holy places of Jerusalem to be returned to Christian hands.

At the mouth of Rio Belen in the region he named Veraguas, the admiral attempted to establish the first Spanish settlement in the American continent, but his intention was brought down by the hostility of chief Quibian.

Sometime later, after the death of Columbus, the Spanish crown divided the isthmus into two governments: Nueva Andalucía and Castilla del Oro.  Today, more than 500 years later, the Panamanian government granted the mining of gold in a total area of 100 hectares to one individual.  Once again, in this place of America the massive extraction of ore begins.

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The mining activity having a boom in Panama, Guacamaya Verde editorial notes.

It’s an open secret that the mining industry is starting to take a special place in the beginning of this century of this fledging millennium, because earlier times have been overcome as the stone or bronze ages, concerning the way how materials where extracted, since this industry has given a qualitative leap that facilitates the exploitation and development of mining in a friendly coexistence with the natural surroundings and the environment.

That’s how strongly the bimonthly newsletter Guacamaya Verde editorialized, corresponding to the month of July and August, that is edited by the Petaquilla Gold S.A. Company, led by the Panamanian businessman Richard Fifer-Carles in defense of the mining industry in panama, stating that “this activity has evolved significantly in order to contribute to the conservation of the environment and develop the mining exports in a friendly manner with the natural environment”, he said.

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Colonial legacy and its great tourism appeal

It is a monument which as if it were a watchtower monitoring the Caribbean Sea from the mouth of the Chagres River, leaving testimony of glorious days, victories and defeats, which marked the colonial period in Panama: Fort St. Laurence, whose tourism potential can make it one of the most attractive places in Panama.


Thus was seen by CEO of Public Enterprises in the Extremadura Region in Spain, Jaime Ruiz Peña, fascinated by the colonial and historical environment surrounding St. Laurence, after making a gentleman’s agreement with Colon’s governor, Pedro Rios, in which he commits himself to promoting tourism development in Fort St. Laurence, and whose witness was the Castilla del Oro Foundation, founded by engineer Richard Fifer Carles.


“I promised before the governor of Colón, bearing witness to the president of the Castilla del Oro Foundation, the Duke of Veragua, Cristobal Colon de Carvajal, to do everything possible to create a first class tourism product at Fort St. Lauremce,” said Ruiz Peña.

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Renovation of inn in Ocu will impact the tourism in Herrera

One of the most emblematic initiatives driven by the Castilla del Oro Foundation, under the leadership of entrepreneur Richard Fifer Carles, is the renovation of the San Sebastian Inn of Ocu, with which they will return the splendor to this iconic structure, and positively impact this region.

It is about a town which tourism product is supported by the festivities that take place throughout the year, including the Fair and San Sebastian’s Patron Saint’s Day, Carnival, Holy Week, Manito Festival, all of folkloric, popular, and traditional character.

The works that will be done by the Castilla del Oro Foundation have a cost of 250 thousand dollars and currently, are in the process of lifting the project.  Once the renovation is completed, this installation will boost other tourist attractions like other fairs and interest sites for the visitors, where different types of tourism can take place, among them, Religious Tourism, Historic and Cultural Tourism, Folkloric Tourism, given the authenticity of some manifestations, the Manitos and the mejorana dances.

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Places of Interest: La Cerca Alta

Madrid, September 2011

The Castilla del Oro Foundation, lands in Spain with a new project, more precisely in Huelva (Andévalo Hill). For this reason we invite you to learn the history, customs and life in general of this place in old Europe, in which the La Castilla del Oro Foundation takes on a new challenge: develop what  its driver, engineer Richard Fifer – Carles calls Second Generation Social Responsibility.

EL CASTILLEJO

In the privileges granted to Seville by Ferdinand III and Alfonso X -”… as waters run in Guadalcarranque and… Zufre, Aracena, Alfayat del Campo, Almonaster, Cortegana … “(AMADOR DE LOS RIOS, 1983) – it appears that Alfayat del Campo that, by its order in enumeration and geographic ordering that the text follows, it suggests that it may be identified with Cerca Alta in the vicinity of what is today Cerro de Andévalo (PEREZ ROLDAN, FUNES AND LORCA, 1987).

richard fifer

The A.M.E.C. documentation allows, thanks to the place names of the fields, locate this fort, but with the name of Castillejo, which also uses the municipal terminology of El Cerro for many other places.

In Don Jacinto Marquez’s will, a native of El Cerro, who lived between 1675 and 1753, reaching political relevance, the following farms are recorded: Juradilla Lands, Umbria del Castillo and fenced immediately, Umbria of Castillejo, olive post; the Carrinchosas, Jaroso, Tejoneras … among others, which are of no interest now.

This Castillejo, with shade of olive trees, can be identified with current place names near Cerca Alta because by defining the town preserves appears sometimes as “Port of the enclosure of the heirs of Jacinto Márquez” and others as “Puerto de la Peña del Castillejo” between the same two consecutive landmarks.

The fort has an interior perimeter of 350 meters inside their north-south axis and east-west measure 77 and 88 m, respectively. The wall’s width composed of pieces of basic rocks, which sometimes have considerable weight, often reach more than two meters, and according to the need for fortification, more than three meters high.

richard fifer

Among the potsherds collected this exhibition highlights prima visu Jewish crosses to the seal.

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Environmentalist acknowledges the need to reestablish reforms to the Mining Code

After the minister of Commerce and Industries (MICI), Ricardo Quijano, declared that within a month the government will present to the National Assembly the preliminary draft that will modify the Mineral Resources Code, the environmentalist Rosa Banfield, recognized it was a past due debt.

 

Banfield was one of the most critical voices when the Executive office first presented the changes to the Mining Code to the Panamanian parliament, which were first approved, but because of the pressure from environmentalist groups, union members, and natives, were revoked, leaving a legal void since it allowed illegal mining among other things.

 

Currently, Petaquilla Gold S.A., under the direction of engineer Richard Fifer Carles, is the only company exploiting a mining deposit in the area, paying attention to the established environmental laws and demonstrating their consent to pay higher royalties to the government and the municipality, once the reforms to the Mineral Resources Code are approved.

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Foundation Castilla del Oro among castles

In the old glory times that marked the colonial era in Panama personalized in the San Lorenzo Fort, inspired the Spanish delegation to call the Foundation Castilla del Oro, during their recent visit by the international president, the Duke of Veragua, Cristobal Colon de Carvajal.

 

And in the very ruins of San Lorenzo, in the presence of the Duke of Veraguas, a gentleman’s agreement was sealed, without any signature, among the Public Company of the Autonomous Region of Extramadura in Spain, and the Governors of Colon, with the end to make this point a site of first class tourism site.

 

The pact was agreed by the governor of Colon, Pedro Rios, and the general director of the Public Companies of the Autonomous Region of Extremadura of Spain, Jaime Ruiz Peña, having as witness of honor the Foundation Castilla del Oro, under the direction of the engineer Richard Fifer Carles, which collaborated together to accomplish this mission.

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