Feasibility Study Results
Area: 404.8 KM2 concession area
Area of current exploration: 6.3 hectare
Initial Capital Expenditure: $6,000,000
Sales of concession: $10,000,000-$15,000,000
Calculation: currently, alluvial Au Gold (Au) was found in 6.3 hectare : 5 g/t Au = 315 kg Au or approx.10,000 oz Au = $10 million
Future: Reserve 48KM2 concession
Investment Partner Opportunity: 356.8 KM2
