Nyamongo Tanzania Limited

PO Box 38568,Dar es Salaam,Dar es Salaam,Tanzania

Free Member

Gold "Supply Security" at Discount to Spot Price

Gold "Supply Security" at Discount to Spot Price

Tanzania

12000 / Kilogram Get Latest Price

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12000 per Kilogram

18 Kilogram

99.9% Gold Bars, taxes paid, meeting all OECD (Conflict Gold) Rules for export anywhere in the World

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100 Kilogram per Month

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Product Description

THE OFFER
Certain events have moved forward resulting that we have decided not to finance the expansion of the raising of gold production at our Nyamongo Gold Mine by Goldstreaming as previously discussed.
That deal is now off….plus nobody seemed to understand it!
An Israeli owned company (which is one of the largest independent mining and ore crushing operations in Eastern Africa) are finalizing an agreement with us for a Turnkey Package for our Mining License (ML) and the surrounding Primary Mining Licenses (PMLs).
Our Geologist Abiel Kyamanywa who has done extensive technical studies on the property and the available 80 hectares (200 acres) of PMLs we control will give exact coordinates where the multiple gold shears run east to west across our property.
The properties are approximately 200 metres in width and so with 5 major shears each running 800 metres we have 4 kilometres in total length to mine.
Abiel will identify the depth to blow up by our team and our sub-contractors will clear off the overburden to a depth of approximately 50 metres and using their own excavators, bulldozers, diggers and trucks recover all the gold bearing ore from the quartz veins.
They will stockpile and using their own rock crushers, ball-mills etc. turn to powder which we then leach with cyanide to purify to gold.
Our original intentions were to have 10 x 60 tonne leaching tanks which with the right chemical mix could each turnover 3 times per month.
That would allow us final processing of 1,800 tonnes per month which if we recover 10 grams per tonne would produce 18 kilograms of gold per month.
Currently we are producing 6-8 kilograms Au per month.
Our total cost of production of gold A-Z is about 30% equating to about $350 USD per ounce cost.
Gold is roughly $40,000 USD per kilo, 18 kilos would be worth $720,000, cost of production $220,000 (30%) therefore netting $500,000 per month for Nyamongo Mining Company.
Our New Partnership Offer
If an investor lends Nyamongo $200,000 USD for approximately 90 days they will be paid back exactly the same amount of money in gold from the first production pour.
They will have the security of our Mining License and property which that alone has a proven reserve of 3,900 kilograms of gold.
This investor will now own 20% of Nyamongo and entitled to 20% of the monthly net profit.
In the 18 kilograms per month scenario that would be 2.5 kilograms of gold at todays value of $100,000 every month.
However, where this gets more exciting is that our sub-contractor is putting to us a scenario where they could put in an operation that could process 9,000 tonnes of ore per month which would multiply the size of the operation by 5.
Instead of 18 kilograms per month it can be up-scaled to 100 kilograms per month.
They have a final moveable process where they can actually process the gold ore powder to pure gold without the cyanide leaching process.
In this scenario each 20% shareholder will take home 12.5 kilograms of gold per month or 150 kilograms of gold per year!
You as the new partner will have the exclusive rights to buy the whole production of the gold mine (at 100 kgs per month equals 1.2 metric tonnes of gold) at a negotiated discount to Spot Price of gold.
It would be 6-8 % discount to Spot Price.
This whole operation which consists of 19 adjoining properties could at a later date as a major Open Pit which would be capable of more than 100,000 ounces of gold per year.
Conclusion
Please contact me directly.
 

Contact Us

Nyamongo Tanzania Limited

Contact Person

Mr. Robert

Company

Nyamongo Tanzania Limited

Address

PO Box 38568, Dar es Salaam, Dar es Salaam,

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