Green Machine Development Corporation (GMDC) is a company incorporated in the United States of America in the state of Florida on 3rd May 1989. The Company undertakes metals exploration projects on the continents of Australia and Africa. Through its wholly owned subsidiary Australian Metal Explorations PL, Green Machine has two projects in the north of the Australian state of Western Australia. Through its wholly owned subsidiary Ellwood Overseas Holdings SA, Green Machine has five projects in the Democratic Republic of Congo (DRC) a country located in central African.
Australia
The Australian projects are principally associated with the exploration for silver and lead. The Company’s wholly owned subsidiary, Australian Metal Explorations PL has an option to acquire two projects Kooline and Tallawarra. These projects cover an area of approximately 77 sq kilometres.
Africa
The DRC projects are principally associated with the exploration for copper. The Company’s wholly owned subsidiary Ellwood Overseas Holdings SA, has acquired an 80% interest in two Congolese companies, Andromeda SPRL and Orion SPRL. Both of these companies are incorporated in DRC. Andromeda has three mining concessions and Orion has two, all are in the mineral rich province of Katanga, the world famous copper belt. These projects cover an area of approximately 1,050 sq kilometres.
Outlook
There is an insatiable world wide demand for metals principally driven by the emergence of China and India as market economies. Green Machine intends to take advantage the demand for copper, silver and lead available on its project areas. It is the Company’s goal to quantify the reserves of metals and to seek joint ventures with the major metals producers to exploit its proven resources. |
