Company Secures 675-Hectare El Quizer Concession in Bolivia's Underexplored Precambrian Shield, Targeting Estimated 20+ Million Tonnes of Gold-Bearing Resource

 

ANDERSON, S.C. — TheNewswire – June 18th, 2026 - Ideal Group of Companies, Inc. (OTC: IDGR) today confirmed the completion of its strategic acquisition of the El Quizer Mining Administrative Contract — a fully permitted, 675-hectare gold concession located within Bolivia's Precambrian Shield in the Nüflo de Chávez Province, Santa Cruz Department. The transaction establishes IDGR as an emerging participant in the global precious metals sector at a time when gold and platinum group metals (PGMs) have become structurally indispensable to the world's fastest-growing technology industries.

About the Acquisition

The El Quizer Mining Administrative Contract (Contract No. AJAM/DDSC/CAM/00023/2017, Unique Code 1000974) was issued by the Autoridad Jurisdiccional Administrativa Minera (AJAM), Bolivia's official governmental mining authority. The contract grants the holder full mining rights over a 30-year term — renewable for an additional 30 years — across 27 grids covering 675 hectares (approximately 1,668 acres) in the Municipality of San Ramón.

The concession is readily accessible: 185 kilometers of paved highway from Santa Cruz de la Sierra, Bolivia's largest commercial hub, followed by approximately 11 kilometers of gravel road — roughly 3.5 hours total travel time. All required permits, environmental licenses, and mining registrations are current and in force.

A World-Class Geological Setting

El Quizer sits within one of the most underexplored gold-bearing geological terranes on earth. Bolivia's Precambrian Shield — geologically larger than Canada's Abitibi Greenstone Belt, which has yielded more than 170 million ounces of gold from over 100 mines since 1901 — has produced fewer than 10 million ounces to date. That disparity reflects decades of limited capital investment, not a shortage of mineral endowment.

Gold mineralization within El Quizer is of the orogenic greenstone type, comparable to prolific deposits in Canada, West Africa, and Western Australia. The property sits directly adjacent to the historically producing Puquio Norte Mine, which yielded more than 300,000 ounces of gold from surface saprolite alone between 1996 and 2001. Recent field sampling of newly identified veins within the El Quizer boundary has returned assay values of 4.98 and 8.61 grams of gold per tonne — grades consistent with economically significant hard-rock deposits.

Mineral Resources and Stockpile Inventory (2022 Estimates)

Independent analysis and field assessment have identified the following mineral resource categories within the El Quizer concession:

• Primary Oxide Stockpiles: Approximately 8 million metric tonnes at an average grade of 1.0 g/t gold, representing an estimated 210,000 ounces of contained gold. Left in place by former Compañía Minera del Sur (COMSUR) operations, these stockpiles are fully accessible and represent a near-term, low-capital production opportunity with an estimated 12-year mine life at a processing rate of 2,000 tonnes per day. 

• Sulfide Stockpiles: Approximately 2 million metric tonnes at an average grade of 0.7 g/t gold in sulfide matrix, with additional potential for platinum group metals and base metals. 

• Virgin Primary Formations: An estimated 10 million metric tonnes in unworked primary geological formations at an average grade of 2.5 g/t gold, pending systematic drilling and reserve definition. 

• New Vein Discovery: Recently mapped gold-bearing veins measuring approximately 4 meters in width across a 2-kilometer strike length, assaying between 4.98 and 8.61 g/t gold. 

 

Preliminary XRF and cupellation analyses also indicate the presence of platinum group metals — including palladium (Pd), iridium (Ir), and rhodium (Rh) — within the concession boundary. These preliminary values remain subject to formal laboratory confirmation but are consistent with PGM occurrences documented in the region by the British Geological Survey, and materially enhance the Company's view of long-term resource potential.

Why Precious Metals Are More Critical Than Ever

The global economy is undergoing a structural transformation driven by artificial intelligence, high-performance computing, electric mobility, and next-generation communications infrastructure — all of which are significant consumers of precious and specialty metals.

• AI Data Centers Semiconductors: Gold's unmatched electrical conductivity and corrosion resistance make it irreplaceable in advanced semiconductor packaging, CPU bonding wires, and high-frequency connectors. As hyperscale AI data centers proliferate globally — with projected capital expenditure exceeding $1 trillion over the next five years — demand for high-purity gold in microelectronics continues to accelerate. 

• Central Bank Demand: Global gold demand reached 4,740 tonnes in 2022 — the highest level since 2011 — driven by record central bank purchases as sovereign institutions worldwide diversify reserves amid persistent inflation and currency volatility (World Gold Council). 

• PGMs in Clean Technology: Palladium, rhodium, and iridium are essential catalysts in hydrogen fuel cells, automotive catalytic converters, and electrochemical systems. Iridium is a critical input for proton exchange membrane (PEM) electrolyzers used to produce green hydrogen. Rhodium and palladium underpin virtually all global emissions-control systems. 

• Defense Aerospace: High-purity gold and PGMs are used extensively in satellite systems, avionics, radar equipment, and electronic warfare systems — markets expanding alongside rising defense budgets worldwide. 

 

The convergence of AI infrastructure build-out, energy transition demand, and monetary safe-haven buying has created a structural supply deficit for precious and specialty metals expected to persist for decades. El Quizer's polymetallic potential — with gold as its anchor and PGMs as a potential co-product — positions Ideal Group at an advantageous point in this emerging supply chain.

Commitment to Responsible Green Mining

Ideal Group is committed to operating El Quizer under the highest international environmental and social standards. MetalPro SRL, the Bolivian operating entity within the El Quizer contract structure, has developed a comprehensive green mining framework that includes:

• Elimination of mercury and cyanide from all processing circuits 

• Closed-loop water recycling and reuse systems 

• Use of renewable energy sources to minimize carbon emissions 

• Prohibition of indiscriminate deforestation 

• Active community engagement with residents of the Nüflo de Chávez Province to ensure positive socioeconomic outcomes 

 

The Company believes that responsible mining and superior financial returns are complementary, not competing, objectives.

Management Commentary

“The El Quizer acquisition puts us in the right place at the right time,” said Charles Cardona, Chief Executive Officer. “We hold a permitted, legally contracted, geologically compelling gold asset in a jurisdiction actively seeking responsible foreign investment — at the precise moment when the metals this property contains have become indispensable to AI infrastructure, clean energy, and advanced manufacturing. We intend to be a meaningful part of that supply chain, and to do so in a way that creates lasting value for Bolivia, our shareholders, and the communities where we operate.”

About El Quizer

El Quizer is a 675-hectare mining administrative contract in the Municipality of San Ramón, Nüflo de Chávez Province, Santa Cruz Department, Bolivia. The contract (Unique Code 1000974) is held under Bolivian Mining Law No. 535 and was formally approved by the Plurinational Legislative Assembly under Law No. 1022 on December 27, 2017. All mining patent payments are current; the property carries an active environmental license (EMAP), a Mining Identification Number (NIM), and registration with Bolivia's national mineral commercialization authority (SENARECOM). Geological studies of the broader San Ramón district have been conducted by the British Geological Survey, SERGEOTECMIN, and independent researchers since 1976.

About Ideal Group of Companies, Inc.

Ideal Group of Companies, Inc. (OTC: IDGR) is a dynamic and growing enterprise focused on strategic acquisitions and operational excellence across multiple sectors. Through its Oxygen Mortgage division, Hospitality Development Group subsidiary, and an expanding portfolio of commercial real estate, mining, and technology holdings, IDGR is committed to creating sustainable shareholder value through disciplined capital deployment and operational execution. Headquartered in Anderson, South Carolina, IDGR pursues opportunities that deliver immediate financial leverage and long-term growth potential. For more information, visit idealgroupcorp.com.

Investor & Media Contacts

Ideal Group of Companies, Inc.

Charles Cardona, CEO
ccardona@idealgroupcorp.com  |
+1-864-345-8698

Hospitality Development Group, Inc.

Jerrold R. Krystoff, Chairman & CEO
info@hdgusa.com

 

Forward-Looking Statements

Certain statements contained herein are "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements include risks and uncertainties and actual results may differ materially from those expressed or implied. All statements other than statements of historical fact are forward-looking, including but not limited to the viability of the Company's business plans, the effect of acquisitions on profitability, the availability of working capital and financing, and the effectiveness and marketability of the Company's products. The Company undertakes no obligation to update forward-looking statements except as required by law. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities.