Executive Summary
Uruguay Mineral Exploration Inc. is a mid-size gold producer and exploration company operating exclusively in Uruguay. The company operates the San Gregorio processing facility and gold mines at Minas de Corrales in northern Uruguay, where it plans to produce in excess of 100,000 ounces of gold from 2005 onwards. It has also assembled a first class exploration portfolio, with excellent gold, nickel, copper and diamond targets, which it plans to advance rapidly using the cash flow from San Gregorio.
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