Press Release
 
 
About Us: As a parent company

As a public parent company, Spectrum functions as an acquisition prospecting team for the holding company and administrational catalyst for the subsidiaries we acquire. This is the nucleolus that directs what technology is developed and which acquisitions are made, creates strategic alliances and whose purpose is to increase the revenue of the subsidiaries as well as investor share value.

As of April 2008, Western American Mining Company has been acquired by and is a fully owned subsidiary of Spectrum Acquisition Holdings, Inc. (SPAH).

As a business, Western American Mining Corporation (WAMCO) functions from the perspective of an engineering firm for the parent company Spectrum Acquisition Holdings, Inc. Western American Mining is Spectrum Acquisition’s Mining division and is the administrator for Intellectual Property, patent applications and develops and acquires proprietary technology and patents that bring synergies and value potential to Spectrum’s targeted acquisitions including two restart projects in producing gold mines in Pataz, Peru.

As of January 5, 2010 MundiRoyal SAC of Lima, Peru Spectrum signs definitive agreements for two targeted Peruvian Gold Producing Mining operation acquisitions

Spectrum’s Intellectual Property Provides Technology for Tomorrow


Bio Mining .Spectrum Acquisition Holdings through its subsidiary, Western American Mining has acquired a patent pending for a Biomining Ore Processing Bioreactor Apparatus with Continuous Refractory Ore Bio-Processing. The bioreactor crushes, rolls, mills and mixes while aerating the process of digesting metal ore with bacteria in a controlled system that monitors the oxygen and carbon dioxide.

The bioprocessor monitors the gasification and digestion of metal ore using bacteria in a controlled agitation tank. This technology will increase the production and diminish the waste and harmful chemicals traditionally used in the mining industry. The technology monitors the oxygen and carbon dioxide at every point of the process and provides gasification when and where it is needed.

“We are excited about providing a solution to Biomining in a controlled system. It has been one of the missing links in the evolution of green mining technologies and ore beneficiation processing”. Dale Henry - Spectrum CEO

We have developed and maintain a portfolio of patent applications that form the proprietary base for our research and development efforts in the area of Biomining and small foot print technologies. We believe that our intellectual property and our technology base provides a competitive advantage and will facilitate the successful development and commercialization of techniques and devices for use in a wide array of alternative green mining approaches.

 
  • Laser Guidance System for Diamond Wire Stone Cutting Apparatus
  • Intrinsically Safe System for Mineshaft Illumination
  • Intrinsically Safe System for Mineshaft Illumination
  • Biomining Ore Processing Bioreactor Apparatus

Spectrum’s subsidiary, Western American Mining is positioning itself to be a model for Green Mining technologies and the future of mining in the 21st century. Western American Mining is developing Green technology mining interests and service offerings which will provide economic protection and growth opportunities for investors.

We plan to successfully grow by acquiring mining companies with historically profitable results, strong balance sheets, high profit margins, and solid management teams in place. By providing access to financial markets, expanded marketing opportunities and operating expense efficiencies, the Company becomes the facilitator for future growth and higher long-term profits. In the process, new synergies among the acquired companies may develop, allowing for greater cost effectiveness, thus further enhancing each individual company’s strengths and shareholder wealth in the process.

The Company expects to retain the strong management teams in each business unit, capitalizing on their local knowledge of competitors and operating climate, along with their loyal customer relationships.