Description
|
Information Description
|
Expected Lifespan of each mine
|
+- 15 Years
|
What is the real deposit of these mines ( Reserves)
|
3.3 Million Tons
|
Projected Net Profit
|
R98 Million
|
No land claims and the owner must have trust or equivalent to ensure quick acquisition
|
None
|
And is there any geological report
|
Yes,all the geological reports are available but will only be given on BCF and LOI
|
Reserve Potential in tonnes
|
+/- 240 Million mineable
|
Production Potential per month ( Metric Tonnes)
|
Projected 20,000 Metric Tonnes - 50,000 Metric Tonnes
|
Type of grade for Mineral Resources
|
10 %B, 45 % C+ to 45% C-
|
Type of Mining (open cast or shaft)
|
Opencast
|
Shareholding or Outright Purchase
|
Outright Purchase
|
Sale Price for Mines
|
R 195,000,000
|
Location ( South Africa or Southern Africa etc)
|
South Africa
|
Additional Information
|
|
Additional Information
|
Stripping Ratio 4:1 .Prospecting Done with 16 diamond core holes
|
Green Fields or Brown Fields or Operational or Mineral Rights
|
Greenfields
|