Gold Mine For Sale/Joint Venture, Zambia
Business is a PRIVATE COMPANY LIMITED by shares which is owned by three Directors. The allotment of ordinary shares held by each Director is 7,500. The company has a Gold mine located in chief Nondo, Senga hills Mbala District, Northern Province Zambia. The mine is 327 hectares in extent.
DEPOSITS: it hosts Alluvial and Reef Gold. Alluvial Gold is found in stream sediments whereas Ref Gold si trapped between quartzite and granite ni the rocks. The massive deposits is Reef Gold. According to our consultant revelation indicates that gold deposits sitting on this mine exceeds 400kg of Reef Gold.
N.B in Gold mining, the minimum Gold content (cuts- off grade is usually taken as being 2g/t implying that this mine site has great potential. Other minerals which were detected include Tin, Titanium, Copper, Iron and Zirconium. The analytical results of samples for Gold range from 4g/t to 19.3g/t.
Financials (USD)
Asking Price $10,000,000
Additional Details
Minerals Gold
Acreage 32700
Production 1-5 Grams
Reserves 400kg
Cash Flow Extremely limited
Sale Conditions OUTRIGHT PURCHASE OR JOINT VENTURE
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