Elray Resources, Inc. recently announced that they are pleased to report that there are numerous agencies and institutions expect that Ecuador's Mining sector will be a major engine of growth in the coming years.
"Like Chile to the south, who has enjoyed tremendous mining successes, we believe Ecuador has the key elements required to see its mining sector explode," commented Mr. Barry Lucas, Executive Chairman, Elray Resources, Inc. "These elements include excellent geological potential, a stable, dollarized economy and a business oriented government. Couple this with the incredible gold bull market that we are currently experiencing and you have a potent combination of advantages. We believe that Elray has positioned itself strategically to capitalize on these advantages."
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About Elray Resources, Inc.
Elray Resources, Inc. is a junior exploration and development Corporation which has successfully accumulated a portfolio of highly prospective, heavily mineralized mining tenements in South East Asia and South America. Elray Resources, Inc.'s primary objectives are to source projects, conduct geological assessments and seek Joint Venture partners to develop the properties.
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