Friday, December 16, 2011

Spectrum Acquisition Holdings Inc. (SPAH) is “One to Watch”

Spectrum Acquisition Holdings Inc. is a growth phase holding company that lists on the OTC Markets. The Company has interests in the mining, industrial, and civil construction sector. Spectrum, via their fully owned subsidiary, Western American Mining Co. (WAMCO), has interests in patent pending drilling and mining technology equipment manufacturing. Spectrum has their corporate headquarters in Austin, Texas.

Through WAMCO, Spectrum is developing “Small Footprint” technologies. These include Laser Guidance Systems for Diamond Wire Stone Cutting, Apparatus for Digesting Metal Ore with Bacteria, and new Green Mining technologies that will minimize the traditionally poisonous and toxic environmental threats posed by the mining industry. WAMCO has a green alternative to the gold mining industry with Patented Mobile Biomining Ore Processing Bioreactor Apparatus technology using Continuous Refractory Ore Bio-Processing.

Spectrum is acting on a three-pronged strategy for growth. They are acquiring interests in high quality, low-risk gold projects with past production and sizeable resources. They are also developing technology solutions to enable more sustainable, smaller footprint mineral exploration, production, and processing. In addition, Spectrum is pursuing acquisitions of mining sector service companies, including operators, mine site service providers, equipment manufacturers, geology firms, and technology developers.

Last week, Spectrum announced that they are to begin research on use of their Continuous Refractory Ore Bioprocessing Apparatus.

The Company announced that they are in compliance with California’s moratorium on dredging along their high profile mineral rights on the South Fork of the Salmon River, California. Spectrum has begun research involving the use of their patented mobile ore digestion Biotechnology to recover the abundance of gold and platinum in the area. These minerals have not been developed or mined with modern machinery since WWII.

Yesterday, Spectrum announced that the Company is working to develop their Non Invasive Bio Mining technologies. The Company is focusing on Eco Mining Technology. Spectrum is working to develop their patented Continuous Refractory Ore Bioprocessing Apparatus as an alternative to cyanide leaching.

A. Dale Henry, President of Spectrum Acquisition Holdings, stated, “It is imperative for the mining industry to become more sensitive to the environment. Developing alternatives has become more cost beneficial because cyanide has been banned in several states, the new emphasis on environmental quality and the rising price of gold.”

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