The management of All Grade Mining, Inc. (OTCPK:HYII) has selected the Plateada Copper Sulfide Project as the next acquisition target in an effort to strengthen sales revenues and augment cash flows. Gary Kouletas, Chief Executive Officer of All Grade Mining, stated, "We made the decision to move towards acquiring this project after careful consideration, evaluation, and negotiations. Letters of intent and all necessary contracts for the assignment and assumption of the business are in place and will be ratified within the first two weeks of August.

These agreements and contracts will be inscribed with the conservatory of mining in Combarbala and publicized in the Chilean Business Journal."