Description

Anticipated Gross Margin for the first year *3% The mine has an estimated net present value of $**2,**0, based on estimate value of $**0/oz per contained ounce of gold. Just because of the small size, open pit construction, our alluvial type of gold Mine will be able to be up and operating very quickly in **5 Months (not years of development!!!). This will allow us to generate revenues much sooner than many start up operations or development of underground mine. Practical experience of management team in gold mining and processing, including Ghana in last *7 years, is extremely valuable in starting this new mining operation. Wealth of contacts within Government agencies and local authorities. Reliable, modern and practical mining equipment is giving us the best chance of smooth operations and value for money. GGG AU has been granted *2 mining leases to undertake small-scale mining operation. This license covers a total area of *5 acres per lease. Since precious metals have an instantaneous market we will be able to bring gold dust from in ground to in bank relatively quickly. Purpose of this business plan is to raise min $**0,**0 ( max $*0,**0,**0) ( in exchange for *5% of Company) for the development of a private gold mining business in Ghana.