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| | December 21, 2009
Season's Greetings from Artha Resources
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| | Dear Shareholders,
I believe that I am not alone in feeling that December is an important month of the year. December provides the opportunity to reflect on the past year and look forward to the next and above all to celebrate milestones achieved and set new ones to conquer. December also provides an opportunity to thank our shareholders for their support and to wish all a Happy Holiday!
I don't need to remind anyone that the world-wide investment environment over the past year has provided more than the typical hurdles for all public companies let alone a junior explorer. We already know that mineral exploration is not for the faint of heart, but faced with adversity I believe the 'real explorers' are those who can adapt and grow in a challenging market. This is likely the reason you took notice in Artha Resources in the first place. I am proud to say that Artha is a much stronger company than it was a year ago; not only have we realigned our focus, but we have added strength to our already potent team whilst maintaining our focus on protecting our most precious resource -- our shareholders.
Artha was presented an enormous opportunity earlier this year to participate in a precious metals exploration project adjacent to Silver Standard's Pirquitas Mine in Northern Argentina. I'm sure you are already aware of the enormity of this opportunity, but just in case you aren't aware of some of the details please see the attached fact sheet that will provide some information and please stop by our website (www.artharesources.com) to refresh your memory.
Artha has always been able to boast about the management team and Board of Directors as this combination of talented people was brought together based on work and life experience, integrity and above all the ability to get the job done. Our talent pool has gotten a little deeper this year as we have added some tremendous strength to our cast. You may remember that we have created a dynamic Advisory Board during the past year that is already bearing fruit; both Guillermo Crosby and David Cohen bring a wealth of knowledge that can't be learned in school and only comes with experience. Our Advisory Board has been a welcome addition to Artha Resources.
In September of this year you will remember that we formalized our relationship with Davcha Resources International Ltd and with that relationship I found a marriage of the minds with one of their Directors, Charles Straw. Officially Charles is Artha's new CEO and Director, but unofficially he is my partner and together we have great expectations for the future of the company. Charles's father David, who was a founding Director of Artha, also played a pivotal role in not only securing the world class property suite in Argentina but also in providing guidance and leadership to us all during our refocus.
2010 Objectives
Artha's focus remains to
- Provide shareholders with a real growth opportunity by continuing to be a focused mineral exploration company driven by innovation, experience and success
- Enhance shareholder value through exploring and value adding to our projects near and adjoining the Pirquitas Mine in Argentina.
- Build upon our strategic portfolio of projects in Argentina through staking, acquisition and farming into new highly prospective properties
- Bring in strategic Joint Venture partners at the appropriate time to help foot the cost of exploration and preserve our capital structure
- Begin Stage two exploration on several targets generated near the Pirquitas mine
- Begin drilling in Argentina in the 2nd quarter of 2010
Let me also wish you a Happy Holiday's and Prosperous New Year on behalf of all the staff, Board of Directors and our management team.
Sincerely,
Todd McMurray
President, Artha Resources Corporation.
View Letter in PDF Format: |
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