How does Credit Repair work and what is a Credit Repair Company?

Wondering about the Credit Repair process and whether you should take the help of a Credit Repair Company or not? Well, no need to wonder anymore because this article will answer all your basic questions and will help you in understanding the credit repair process.

So, what is a Credit Repair Company?

A Credit Repair Company is a profit organization which handles users credit score and develops strategies to improve or fix a person’s credit score. They handle all the details and dispute on your behalf if there is any faulty information. They also get your credit report from the bureau company and take necessary measures to maintain your credit score. A lot of Credit Repair companies offer you variety of services like a credit repair specialist, online portal to check the progress, regular analysis of the credit report, and so on.

There are a lot of Credit Repair Companies out there which help the user get the desired credit score. You will find different credit repair companies charge different fees for their services, which means that you need to be careful while choosing one for yourself or you might be duped by a company.

Now, how does Credit Repair work?

A Credit Repair process is started when you have a bad credit score and you would like to fix this score to be able to avail future loans and credits. Many people use a Credit Repair Company for this process but if you don’t want to waste your money on some company, you can totally do it yourself too, make sure you read reviews first.

All you have to do is get a recent copy of your Credit Report and check if the information given in the report is accurate or not.

Make sure if you find any inaccurate information, you dispute it immediately. Once you have disputed the inaccurate information, you would need to wait for some time before it gets reflected on your credit report. Remember that once you dispute an information, it doesn’t automatically get removed from your report.

The Credit Bureau Company will first reach out to the creditor and if the creditor is not able to prove that the information is correct, only then it will get removed from your report.

Once it is removed, you can get a fresh copy of your credit report and analyze the reason behind your low credit score. If there are bills or loans mentioned in your report which hasn’t been paid, you need to pay them off. You can also contact the creditor and work out some arrangement with him to get the unpaid loan off of your credit report.

Once you have paid all your previous bills, make sure that you keep paying your future credit card and home bills on time. Don’t miss a single payment on your loan and avoid overusing your credit. Just follow these simple steps and you will have a good credit score in no time at all!

how does Credit Repair work

If you have any doubts, stay tuned on mph ventures corp for more updates.

Geneva Lake Gold Property

The Geneva Lake gold property consists of 3 claim units (120 acres) located in Hess and Montcrieff Townships, Sudbury Mining Division. It is situated approximately 3 km north of the town of Cartier and 40 km north of the city of Sudbury, Ontario. Access to the property is via the Geneva Lake road which runs north-south through the block. Also, the main CPR rail line runs along this road through the property.

The main area of interest on this property is the massive sulphide clasts found within the Gowganda Formation Conglomerates. The clasts discovered thus far range in size from 2.5 centimetres to 30 centimetres in diameter. Geological mapping and reports carried out over the area by the OGS fail to make any mention of these. These features were first discovered by the previous claim holders in 1987 and the massive sulphides were sampled for gold. These samples returned consistently anomalous to up to 6.8 g/t gold values.

The massive sulphide clasts appear to be occurring along or near the southern contact of the Gowganda Formation where it meets the Serpant Formation. This contact strikes generally north-northeast through the block. The subject area has seen relatively little attention and the question as to the source of the clasts must be asked.

The property covers the main discovery area. To the northeast, the geological contact that is of interest appears to extend under Geneva Lake.

Historically the Geneva Lake property has received little or no attention as far as gold exploration is concerned. The sulphide clasts discovered in 1987 have returned gold values of up to 6.8 g/t and remain for the most part unexplored. The gold content of the clasts combined with the host rocks suggests potential for a larger scale exploration target. The company has located a number of sulphide clasts and collected samples in order to confirm the gold content.

In June of 2015, MPH Ventures conducted a sampling program on a gold occurrence hosted within a sedimentary formation. Four grab samples were collected from the showing which consisted of clasts of massive sulphides within a conglomerate unit. Assay results indicated appreciable gold contents of 15.9 g/t Au, 10.4 g/t Au, 5.3 g/t Au, and 4.7 g/t Au from the four samples. The high gold content represented by these results suggests immediate exploration potential within the conglomerate unit on the property. A larger regional exploration program exploring for the bedrock source of the sulphide clasts is planned.

Overview – The Red Lake Gold Camp

The Red Lake gold camp is one of the most prolific gold regions in the world. The area hosts several gold mines, where the combined production and remaining proven resources are more than 30 million ounces of gold. Initial gold production occurred at the Howey mine in 1930, and two mines (Campbell and Red Lake) remain in operation today. The largest gold mines historically were Placer Dome’s Campbell Mine (cumulative production and remaining resources of 13 million ounces), Goldcorp’s Red Lake (10 million ounces) and Madsen gold mines (2.5 million ounces).

MPH Ventures Corp was among the first juniors to recognize the high-grade gold potential of the Red Lake mining camp in northwestern Ontario and has been a significant landholder there since 1994. The company expanded its holdings along the trend that hosts Goldcorp’s Red Lake Gold Mine, the highest-grade gold mining operation of its size anywhere in the world.

Today more than ever gold mining companies are emphasizing cash production costs in an effort to maximize profits and become more attractive to large investment funds. Not surprisingly, the Red Lake camp, with its high-grade gold deposits, is unique and has attracted worldwide attention. In its size category, Goldcorp ranks among the highest grade mines in the world with mill feed averaging 2.0 ounces gold per ton and reported cash costs of approximately $100 per ounce. With this cost structure, it’s not surprising that Goldcorp has become a core investment in most of the world’s leading gold funds.

Adjoining Goldcorp’s Red Lake Gold Mine is Goldcorp’s Campbell Gold Mine (formerly owned & operated by Placer Dome), which historically has also been a relatively high-grade, low-cost gold producer. Given the reputation of the Red Lake gold camp, it’s understandable why so many companies want to duplicate Goldcorp’s operating performance by exploiting the high-grade gold exploration potential in the region. In recent months, market interest in companies with exploration assets in the camp (including MPH Ventures) has reached unprecedented levels and will likely grow exponentially with the anticipated improvement in bullion prices over the next few years. And it’s easy to understand why! Goldcorp’s high-grade discovery has grown to 4.6 million ounces, more than two times larger than the reserves at Campbell and its grade is 4.5 times higher.

Goldcorp is forecast to produce 555,000 ounces of gold for the twelve months ended December 31st, 2005 at a cash cost of less than $100 per ounce.

Classic Greenstone Gold Belt

The Red Lake gold district is situated in a classic Achaean greenstone belt within a series of metavolcanic and metasedimentary rocks. Most of the gold production in this district has come from structurally controlled vein-type gold deposits hosted in sequences of ultramafic mafic to felsic volcanic and sediments. Regionally, the belt exhibits a system of five northeast and northwest-trending deformation zones with associated hydrothermal alteration. All of the key producers in the district are located close to a regional mafic volcanic-sediment contact or ‘break’ – which for years may have been overlooked as an important control on gold mineralization.

Gold deposits in the district have been classified in three categories: mafic volcanic-hosted; felsic intrusive-hosted; and, stratabound. The majority of the productive zones in the Red Lake camp are of the mafic volcanic-hosted type and occur as vein systems within a lower mafic to komatiitic and ultramafic volcanic sequence. Goldcorp’s Red Lake Mine lies in the eastern section of the Red Lake Precambrian Greenstone Belt, an older assemblage of mafic and felsic volcanic rocks within a sedimentary sequence.

Major gold camps in the Timmins and Kirkland Lake areas of northeastern Ontario also show a close association with similar breaks. The most prolific gold producers in the Red Lake district are hosted by the northwest-trending Cochenour-Gullrock Deformation Zone and are situated within the well-established “mine trend” of the Red Lake gold district.

The Big Mac Gold Property

The Big Mac gold property is located approximately 70 km Northeast of Sudbury, Ontario with easy access from highways #539 and #805. A boat is required to cross the east shore of Cucumber Lake. The property is a single unit (16 hectares).

The gold showing on the property is hosted by a small outliner of Archean age volcanic rocks overlain by Huronian age sedimentary rocks and intruded by Nippissing diabase. The outliner is a portion of the Temagami Greenstone belt which hosts a variety of deposits including base metals, gold, copper-nickel, mineralization and diamonds.

The gold showing is described as 67 metres long and 0.30 to 1.5 metres wide. Significant assays include 49.90 g/t Au over 0.30 metres and 0.28 g/t Au over 1.22 metres. Other results include values of 23 g/t Au from a weakly mineralized quartz vein, and four samples of the host volcanics which assayed between 4.8 g/t Au and 16.7 g/t Au. Grab sampling by Anderson in 1998 returned values ranging from 1.42 to 664.80 g/t Au. This sampling program also returned values of up to 14.17 g/t Au from the disseminated sulphides in the wall rock.

Gold deposits found to date in this area tend to be small but high grade. However they are of the quartz-carbonate lode type, typical of the Timmins mining camp, suggesting that larger mineralized zones may be present.

The showing consists of a 0.30 to 0.90 metre wide quartz vein that has reported assays as high as 664.80 g/t Au. This property has had little work carried out on it due to the fact that it was part of the Temagami Land Caution since the mid 1970’s which prohibited all mineral exploration until recently. Sampling by the previous claim holders has shown that the wall rock which contains finely disseminated sulphides also returned gold values of up to 14.17 g/t Au. Depending on the extent of the mineralization within the wall rock, this may greatly increase the mining width should a resource be outlined.

MPH exploration crews have located the showing which consists of three heavily overgrown trenches. In June of 2009, an initial sampling program of the vein and surrounding volcanics was completed by the Company. Sixteen grab samples were taken from the property with assays up to 12.2 g/t Au from the quartz vein and assays up to 7.5 g/t Au from the surrounding volcanics. These results confirm the historical reported assays and indicate an exploration target beyond the extent of the quartz vein.

The Shining Gold Property, Timmins, Ontario

The Shining gold property consists of one staked claim containing 9 units (144 hectares) and is located approximately 125 km south of Timmins, Ontario. Access to the property is by paved roads from either Timmins or Sudbury, followed by 2 km of bush road.

The property is in the Shining Tree Gold Camp that has been active since the turn of the 20th century. Similar to the Timmins area, the gold deposits are quartz-carbonate lodes that follow the dominant rock fabric. These gold lodes can be detected with geophysical methods (IP/Res and magnetics), till geochemistry and geologic mapping.

The original gold showing is described as sheared quartz veins in a 0.90 to 1.50 metre wide shear zone developed in diorite. A grab sample returned an assay of 32.03 g/t Au. Gold deposits in this area tend to be small but high grade.

The showing area is said to consist of numerous quartz veins situated within a schistose amphibolite zone that is several feet wide with pyrite as a common accessory mineral.

The Timmins Gold Camp: A Brief History

In active production since 1909, the Timmins Gold Camp has produced over 70 million ounces of gold. There are four active mines and several advanced exploration/development projects that highlight the highly lucrative area in and around Timmins, Ontario.

Founded by prospecting discoveries in the early 1900’s, the gold mineralization in the Timmins Gold Camp is home to over 35 current and former producers typically developed around moderate to steeply plunging high-grade quartz vein systems which have been mined to depths of up to 2,500 metres. Historically mining has focused on high-grade (7-10 grams/tonne gold), underground gold deposits located along or in close proximity to major fault systems. These fault systems run tens of kilometres through the entire Timmins District. More recently large open pits have been developed along these major fault systems and around the former underground producers.

Currently, Goldcorp (TSX: G) operates the Dome, Hoyle Pond and Pamour mines in Timmins and is undertaking a re-evaluation of the historic Hollinger/McIntyre system which has produced over 32 million ounces of gold since being placed into production in 1910.

The West Timmins District

The West Timmins District is the western extension of the Timmins Gold Camp and has increasingly become the focus of exploration and discovery activities in the Camp. Commencing with the discovery of the Golden River Trend in 1996 by West Timmins Mining Inc. (now owned by Lake Shore Gold Corp. (TSX: LSG)) there have been a series of significant gold discoveries in the West Timmins District.