YUMA, Ariz., Jan. 31, 2012 /PRNewswire/ -- Monkey Rock Group, Inc., (MKRO) has filed its annual report for fiscal year ended 2010.

Monkey Rock Group, Inc. (soon to be renamed Nissi Mining Co.) , now headed by Dexter Aspacio, is committed to bringing the company current in all its filing obligations as soon as possible and to this end Mr. Aspacio has directed the company accountants and auditors to have the three quarters ending September 30, 2011 filed before the end of the first financial quarter in 2012. "We recognize the benefit from being current in our public filings in order to raise the capital we need to finance the start of our proposed contract milling facility and mining operations," Mr. Aspacio noted recently.

Monkey Rock Group, Inc. ("Monkey Rock"),  with its new core mission being to recover gold from  its proposed contract milling operations and it's mineral claims filed in Yuma with the Bureau of Land Management (BLM), Management expects that with adequate and timely funding, currently initially projected as being under six million dollars ($5,500,000 for 2012 ) the company would be able to, by its geologists projections,  extract approximately 20,000 ounces of gold in the year after the capital has been raised, plus silver and other  metals  including copper which could generate in excess of $32,000,000 by FYE 2014 at current gold prices.

Total resources on the Los Flores Mine Property are conservatively estimated by Mr. Craig Parkinson licensed Arizona geologist, at approximately 58.5 million tons of gold-bearing rock containing approximately 1.8 million ounces of gold. 

For additional information on Nissi Mining along with Geological Evaluation Reports, surveys and all other documentation pertaining to the mine and operations please visit our website at www.nissiminingco.com 

This press release contains "forward-looking" statements as that term is defined by Section 27A of the Securities Act of 1933, as amended, (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended, (the "Exchange Act"). All statements that are included in this press release other than statements of historical fact are "forward-looking" statements. Although Monkey Rock Group Inc. believes that the expectations reflecting in these forward-looking statements are reasonable, it can give no assurance that such expectations will materialize. Important factors could cause actual results to differ materially from the expectations as disclosed herein, including without limitation, in conjunction with these forward-looking statements contained in this press release.

Contact

Dexter F.K. Aspacio

291 S. Main Street, Suite J

Yuma, AZ 85364:

928 304 8817

Email: Dexter@nissiminingco.com

http://www.nissiminingco.com

 

SOURCE Monkey Rock Group, Inc.

Copyright 2012 PR Newswire

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