S. D. OLMORE & ASSOC., INC. - GEOLOGY CONSULTANTS

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RUTHERFORD ("Ruddy") DAY AND STEVE OLMORE: BOBCAT PROPERTIES INC // S. D. OLMORE & ASSOC., INC. (SDO&ASC) - BOARD MEETING - AT TROPICAL ACRES,  FORT LAUDERDALE

Rutherford Day was a MENTOR, ASSOCIATE, AND DIRECTOR of SDO&ASC FOR 20 YEARS - now deceased - but his affect on the company still go forward.  During Ruddy's tenure he made fundamental and lasting contributions to SDO&ASC. He developed and owned several gold and mining properties with private financing of Bobcat Properties, Inc.  In the Western U.S. Ruddy mined, milled, and refined ~120,000 ounces of gold and extracted ~1,000,000 ounces of silver from the ATLANTA, NEVADA Open-Pit Mine between 1972 and 1985; this was Bobcat Properties' core asset***.  Previous to his 30-year mining career he had a 20+ year General Law practice in Washington, D.C. and Virginia that handled a broad variety of litigation most all inside the Beltway.  His home town was Washington and his family was involved with the Washington Post and was affiliated with the Government Bureaucracy which ultimately led him into the gold business following his legal career.


Ruddy had intimate knowledge of the Nation's Capital which gave him insight and contacts in Washington and  direct information on the future economic course of the Nation; $35/ounce gold was frozen by the Roosevelt Administration during the Depression; law prohibited American Citizens to hold significant amounts of gold other than a few grams of artisanal placer through five presidencies; and U.S. gold mines were shut down in the U.S. during WWII.  The 40-year U.S. government price control and circulation of gold in the public domain was ended by President Nixon in August of 1971. Gold was allowed to adjust in US$ to its market value and price to pay Sovereign debts; the public was allowed to own substantial quantities. Ruddy parlayed his economic knowledge into several successful mine acquisitions in the Western U.S., principally in Nevada.  As a lawyer-economist-miner "Ruddy," was a relentless "Goldbug," with an encyclopedic knowledge and a large collection of information on gold which is now in  in SDO&ASC files.  It is viewed that "faith-based" currency printed by the Bureau of Engraving and Printing that is now sent "out the door," in truckloads to Federal Reserve Banks (and elsewhere) as specious.  

An opposite view to a gold backing for the US$ would be by central bankers and economists such as Krugman New York Times, OP ed 02-12-2013, who believe that in reality US$ is valued by the political stability and World leadership of the U.S. We at SDO&ASC agree with the political-backing concept as applied to nations and central bankers; on an individual basis, we believe it is advisable to hold gold and silver as tangible assets for individual protection for the uncertainties that lie ahead. Although as we consider the present economic environment (American Institute of Economic Research, 2018) Inflation is setting in and gold, in my view the U.S. dollar is going to strengthen, making gold a marginal investment in the near future.     

*** SDO & asc  Following geology studies at USC the Atlanta Mine was considered as a subject for a Master's thesis at the University of Utah. However Steve's experience with  southern California and Nevada field studies at USC focused on structural geology and mineralogy instead. Practical Nevada fieldwork with AMAX Exploration and Harry Olson, Ph.D. a mining geologist in Nevada in 1968 and later explorations with Bear Creek Mining Company with Al Young in 1971 set the course of applied geologic investigations which later were pursued.  With Homestake Mining Company in 1985 Atlanta was shutting down and Homestake engaged in drilling investigations at the nearby Chief Mining district where structural controls on gold mineralization. Investigations of the nearby mining districts of Delamar and Pioche were also pursued; these studies enhanced knowledge of Atlanta Mine considerably. Atlanta came to SDO's attention from Ben Harrison, a mining-engineer intermediary who introduced me to Rutherford Day in 1993-1994; SDO&ASC did examined the property and then took the property to Echo Bay Mines (now Kinross Gold) for development, with whom I had a contract at that time; a significant finder's fee was received by SDO&ASC. These events began the association and relationship between Rutherford Day and S. D. Olmore that lasted until June of 2016; SDO&Asc began use of mining files of Bobcat Properties.  

 




BRIEF HISTORY OF MINERAL EXPLORATION EXPERIENCE, DOMESTIC AND FOREIGN, DOMESTIC AND FOREIGN BASES OF SDO&ASC:
GEOLOGiC INVESTIGATIONS  & MINERAL PROPERTY APPRAISALS; ON-SITE PROPERTY EXAMINATIONS ARE CORE ASPECTS OF OUR WORK.TECHNICAL TRANSFER  THROUGH DIRECT ASSOCIATION - FOREIGN AND DOMESTIC, WE HAVE EXPERIENCE USING A FULL SET OF PROPRIETARY ORE-DEPOSIT MODELS

GOVERNMENT GEOLOGY:  Awarded Title IV National Defense Education Act Fellowship from USA Department, of Health, Education, and Welfare, Department of Education, while studying at University of Utah for Ph.D. degree - completion date 08/1971.Employment from 1989-1991 with U.S.Geological Survey & Corporacion Venezolana de Guayana - in a Venezuela - USA - Joint Venture - ATTACHED TO ECONOMIC SECTION OF U.S EMBASSY, CARACAS. A Joint venture was accomplished in a  base-line regional environmental, resource identification with mineral survey, and mapping project  in AMAZONAS then TERRITORY contiguous with Colombia, Guayana, and Brazil, involving multi-disciplined teams of scientists and setting up and operating in ~15 REMOTE FIELD CAMPS IN THE DENSE JUNGLES of the GUAYANA SHIELD OF VENEZUELA; included extensive river work, helicopter transport, and light-plane transport to distant interior sites. PRODUCED EIGHT publications with JEFF WYNN AND FLOYD GRAY, USGS & VICENTE MENDOZA of TECMIN, CVG., which include FIVE 1/500,000-SCALE GEOLOGY MAPS OF AMAZONAS TERRITORY and BOLIVAR STATE, VENEZUELA as second Author, and contributed materially to several other  documents. Pending works are several USGS maps published in LINCOLN COUNTY, NEVADA from earlier work (with permission) from HOMESTAKE MINING COMPANY.


HIGILIGHTS OF COMMERCIAL, CORPORATE EXPERIENCE: work experience (U.S.A. & Foreign) of Steve Olmore, B.A., Ms., Ph.D.:  Exploration: AMAX, INC, RENO, NEVADA, USA 1968 - REGIONAL EXPLORATION, BASIN AND RANGE PROVINCE;  GEOLOGIST for: BEAR CREEK MINING CO.(Division of Kennecott Copper Corp.)  Reno, NEVADA; Minerals Exploration Co., Tucson, ARIZONA (Union Oil Minerals Division); SENIOR EXPLORATION GEOLOGIST for CLIMAX MOLYBDENUM COMPANY - USA - EXTENSIVE EXPLORATION IN THE WESTERN U.S. COLORADO, MONTANA, AND NEVADA WITH SEVERAL COMPANIES. MUCH EXPERIENCE WITH REGIONAL EXPLORATION AND DRILLING ON ADVANCED EXPLORATION PROJECTS;  From CLIMAX MOLYBDENUM in 1979 to become UNION OIL'S MANAGER OF MINERAL EXPLORATION IN A FOUR-WAY JOINT VENTURE - KS/AS FENCO - between UNION MINERALS NORGE, CAPPELEN, A/S SYDVARANGER - (IRON mining company at KIRKENES, NORWAY) ADJACENT THE {THEN} SOVIET UNION AND ITS STRATEGIC KOLA PENINSULA and ELCHEM SPRIGGERVERKET A/S - A RARE-METALS GROUP in OSLO AND NOW IN RUSSIA. The JV  took on several major strategic rare earth and base-metal mining projects  spanned southernmost Norway to far north regions juxtopposite the border with the the Soviet Union above the Arctic Circle; corresponding with UNION OIL NORGE'S NORTH SEA ACQUISITION OF OFFSHORE PETROLEUM EXPLORATION BLOCKS; SENIOR EXPLORATION GEOLOGIST for UNOCAL-MOLYCORP - Underground drilling of the a newly discovered molybdenum orebody at QUESTA, NEW MEXICO; SENIOR EXPLORATION GEOLOGIST for HOMESTAKE MINING COMPANY - USA - extensive gold and rare metals exploration in Western U.S.; JV with FRANKLYN Corporation - PLACER GOLD MINING Venezuela, OMAHA, NEBRASKA; Consulting for the QUAPAW INDIAN TRIBE, OKLAHOMA on their tailing deposits abd holdings in the PITCHER LEAD-ZINC MINING DISTRICT. CHIEF CONSULTING GEOLOGIST for MONARCH MINERALS, listed on the London Stock Exchange and situated in Caracas, VENEZUELA, and advised their Board and President, in gold processing and mine development and exploration activities atEL CALLAO and VICINITY, VENEZUELA; CHIEF CONSULTING GEOLOGIST for FOSTER WHEELER CARIBE CORP. - CARACAS - in search of MINING INFRASTRUCTURE CLIENTS, VENEZUELA; CONSULTANT for L. B. MINING CO. & FRANK BARNES & Associates - GOLD, DIAMONDS, VENEZUELA & IDAHO; HENRY BROSNAHAM - dredging; ELI FIZOUTY, DIAMONDS;  CIUDAD BOLIVAR, VENEZUELA;  accomplished about twenty-five independent property examinations for small Junior Mining companies, Vancouver stock-exchange listed, in VENEZUELA, ARGENTINA, CHILE; Worked on several gold projects with MARCHAN DEVELOPMENT CO. of Alexandria, Va. in Colombia.  Director of CADRE RESOURCES, Stock Exchange listed, VENEZUELAN properties; SOUTHERN COPPER CORPORATION (Affiliate of ASARCO, INC. USA); Director of BOBCAT PROPERTIES (11 years), RUTHERFORD DAY and the ATLANTA GOLD MINE near  PIOCHE, NEVADA and  Ft. Lauderdale, FL, USA; EXPERT WITNESS TESTIMONY in two high-profile South Florida MINING AND HYDROGEOLOGY-GROUNDWATER LAWSUITS, one managed by Miami Attorneys HALL LAMB and HLL, and the other for Marzulla Law of WASHINGTON, D.C.; Consultant to: RINKER MATERIALS CORPORATION, WEST PALM BEACH, FLORIDA; Consultant to: STAGG RESOURCE CONSULTANTS, INC. - WEST VIRGINIA.  Project evaluation in YUNAN PROVINCE, CHINA; KENTUCKY BASE METALS, USA, ERITREA, AFRICA;  with ELLIS INTERNATIONAL SERVICES, did groundwork for VALUATION of a major GOLD-COPPER project in the KM 88 DISTRICT, VENEZUELA; GUSTAVSON ASSOCIATES, for RARE METALS EXPLORATION AND DEVELOPMENT in TANZANIA; PAN AUSTRALIAN RESOURCES, DANIEL BROST - COPPER-GOLD EXPLORATION AND DEVELOPMENT IN CHILE, AUSTRALIA, &  WORLDWIDE; VALUATION OF A GRANITE QUARRY at GEORGIA, U.S.A.:  We operate DOMESTIC AND FOREIGN PROJECTS from SDO&ASC CYBER BASE in the CITY and BARRIER ISLAND  OF KEY BISCAYNE, IMMEDIATELY ADJACENT MIAMI, FLORIDA.


SDO&ASC HAVE BEEN  ENGAGED IN MINERALS EXPLORATION,  DEVELOPMENT, AND MINING  FOR 40+ YEARS. WE HAVE BROUGHT TECHNICAL ASSISTANCE TO COMPANIES, GEOLOGY STUDENTS, AND GOVERNMENTS  IN COUNTRIES SPANNING FIVE CONTINENTS. WE HAVE HAVE ACCOMPLISHED MUCH SIGNIFICANT WORK IN USA, ARGENTINA, AUSTRALIA, BOLIVIA, CANADA, CHILE, CHINA, COLOMBIA, KIRGYZSTAN, HAITI, INDIA,  MEXICO, PERU, SEVERAL CARIBBEAN REPUBLICS VENEZUELA, ABOUT 18 U.S. STATES. BRITISH COLUMBIA, AND , TAJAKISTAN, THAILAND, VENEZUELA.

WE HAVE CAPACITIES TO TAKE ON MOST MINERAL RESOURCE EVALUATIONS, AND APPRAISALS. GEOLOGIC MAPPING PROJECTS, AND MOST PROJECTS, THAT COME TO THE TABLE.




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