Las Vegas, NV -- (SBWIRE) -- 10/23/2013 -- SWINGPLANE VENTURES (OTC:SWVI) announced that the President briefed about the current status of the company. The President stated that it was a challenging time for the company after the Algarrobo project was terminated.
Swingplane Ventures stated that resident tried a lot to make legal filings in favor of company and its stakeholders. The company now looks for projects with smaller capital requirement.
The company’s President’s efforts resulted into identification of project in Mexico. The company hopes to give good news to shareholders soon.
Swing plane Ventures, Inc. is a mineral exploration company based in Santiago. The company discovers and produces mineral properties and main metals explored by the company are iron oxide, copper, gold, silver etc. Swingplane’s principal exploration concern is copper. The company has property of Algarrobo having 32 tenures covering a total area of 6,161 hectares.
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