|Price||$8.5million usd 50% stake $17 million 100% stake|
|Street||25 km southwest of Stepnogorsk|
•Licensed territory appears in two parts in 104.9hectares and 329.8 hectares, May Day and Karabulak.
•Electric line 35 kV conducted throughfield.
•Intercity asphalt road is two milesfrom the countryside.
•Railroad within 25 km.
•Skilled workforce and accommodation is widely available inStepnogorsk industrial city.•
Acting on the First of applied technology allowsremoving more than 90% of metal ores from placer.
The final product – a concentrate containing 70grams per tonne.
Current capabilities of the equipment – 50 tons per hour. Monthproduction – 5200 tons per month.
Power consumption is 45 kW / h
Cash cost per ounce, including the use ofthe equipment is about $ 100-$150.
Applied technology to be widely terrain Karabulakleaching technology.
The company intends to complete exploration programs on the groundKarabulak and enact reserves of 30 tonnes or 1 million ounces.
The company plans to purchase additional equipment for theproduction of concentrate sustainable quality.
The company intends to build the roof and working capacity in this placeto make it possible to produce during the winter time.
The company intends to build capacity in Stepnogorsk purification toproduce pure gold or oré.
The company intends to build capacity in the area of Karabulakleaching.
The Company intends to take more licenses and concessions gold toincrease the reserve base infrastructure in place.
The company is looking for partners who are willingto buy 50% stake for $ 8.5 million.
The company is ready to sell its 100% stake for 17 million dollars.•The company has a strategy for the development of the main goldprogram in Central Asia on the International Register.
•The company delivers a fully government-approved labor program.
•Has achieved the level of the pilot production.
•Has contracts for sale.
•There is a good chance to increase reserves to 30 tonsexisting sites.
•The technology is tested and suitable for.
•The company is on the final level of receipt of the report byconditional prepayment rate, audited financial arrangements and legal expertise of the company.
Video courtesy of Millennium Trust