Participation as an investor in silver polymetallic mining project, with the purchase of 15% of the shares at US $ 5.25 Million.
During the next 10 years the mining company/unit plans to generate US $ 246.00 Million as a net result after taxes; being that 15% of participation will generate US $ 36.90 Million. Return on investment at the beginning of year 2 of exploitation. Entry price equal to 0.22 of the VPN.
Resources: 37.2 Million ounces of silver equivalent (AgEq includes Silver, Lead, Zinc and Copper) defined in 5 prominent veins. LOM: Minimum of 9 years at an exploitation rate of 350 to 1000 tons per day (plus 1 year of mine construction and concentrates plant). Resources: 37.2 Million ounces of silver equivalent (AgEq includes Silver, Lead, Zinc and Copper) defined in 5 prominent veins. LOM: Minimum of 9 years at an exploitation rate of 350 to 1000 tons per day (plus 1 year of mine construction and concentrates plant). Gross Income: US $ 590 Million. Estimated Costs: US $ 248 Million.
Net Income: US $ 342 Million before taxes. US $ 246 after taxes.
VPN (Discount Rate 8.0%): US $ 157 Million.
Upward trend in the price of an ounce of silver for the next 10 years.
Greater mineral reserves at greater depth and unexplored lateral areas.
High Law Grain: +18 oz / MT AgEq
Ag recovery: + 84%
Geology and Mining:
Deposit Type: Polymetallic Mineralization (Ag-Pb-Zn-Au) contained in epithermal veins.
Mine Working: Two confirmation galleries in the most important vein, 270 ml and 280 ml each one; cross section of 370 ml extension.
OpEx: US $ 8.0 / Oz AgEq.
Project Location – Concessions:
Department of Lima, Canta Province, Huaros District; 92 Km NE of Lima.
Access road by asphalt and mining road.
Altitude: +4,600 masl.
2 concessions with 129 Hectares in total.
Owners / Managers:
Highly experienced and qualified management team headed by its CEO, mining engineer with 30 years of experience and MBA from the University of Arizona (Thunderbird)
- Corporate and registration documents.
- Accounting documents.
- Technical Report 43-101.
- Historical reports of samples.
- Resolution DIA for Mine.
- Certificate of Non-Existence of Archaeological Remains – CIRA.
- Permission of use of blasting powder.
- Mining Plan.
- Social Plan.
- Budget and Cash Flow.