Gold Mine

Seeking US $500,000 to recommence mining operation throughout property. Quick payback and equity can be offered as the company has little debt and a very attractive valuation prior to high cash flow and constant profits

This historic gold mine was discovered in the 1850's and worked sporadically by various owners until about 1940. Since at least 1972 mining on the property has been negligible. Most of the property's previous mining (an estimated 490,000 ounces of gold) was near the surface using primitive techniques and averaged 1.4 ounces of gold per ton of ore. This is one of the highest production yields in Costa Rican history. These vein structures are estimated to go down as far as 300 feet below the water table.

This mining concession is grandfathered under the old Costa Rican mining laws and exempt from paying a 20% mineral extraction royalty, as other mines must do (i.e. higher margins for the investors). It is easily accessed by car and is only a few hours from San Jose. It is located in the famous Montes De Oro (mountains of gold) mining region. The mining concession and mill site are wholly-owned by the company and the concession is acknowledged and in good standing with the Costa Rican government.

State-of-the-art narrow vein mining methods will be used to maximize gold yields and minimize production costs. The project has successfully completed initial trial runs at an outside mill. Surface landowner easement and gold security are budgeted and included in our start up planning. The company expects gold production revenues to start very shortly (Q3 2008).