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AJAX Mines

Premium Listing

  • Deposit Type: Hard Rock
  • Commodity: Aluminum, Antimony, Cadmium, Cesium, Copper, Gold, Lead, Magnesium, Manganese, Rubidium, Silver, Titanium, Tungsten, Zinc
  • State/Province: CA
  • Country: United States
  • Latitude: 36° 16' 32'' N
  • Longitude: 117° 34' 37'' W
  • Deal Type: Sale
  • Conditions:
    Outright Purchase Price: $24,000,000 Royalties and Payments from production may be negotiated.
  • Price: 24,000,000.00
  • Currency: United States Dollars


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Summary

Ajax Mine


ASKING PRICE: $24,000,000 for 100% ownership

INCLUSIVE CLAIMS: AJAX (11 claims), REVENUE (19 claims), COSO (4 claims), ACE (4 claims), OLD TIMER (2 claims) located on 800 acres

LOCATION: All claims are located are in Inyo County, close proximity to Darwin, California and all claims are accessible.

APPROXIMATE VALUE OF CLAIMS: It is estimated by an international finance company that the total value of the AJAX, COSO, and REVENUE claims combined are $13.3 billion. We do not have any estimates for the ACE and OLD TIMER claims. A Salt Lake City company also estimated the value of the AJAX claims alone at $3.2 billion.

HISTORICAL MINING: Area mined since 1874. Claims either contain or are located in close proximity to approximately 85 historically successful mines with the prominent mining company being Anaconda Company, the previous owner of these claims.

PRECIOUS METALS: The region is famous for silver, gold, lead, zinc, tungsten, and copper. The assays from four separate geologists show a broad range of other minerals including rare earths which have been left un-extracted.

TAILINGS: It is estimated that the tailings and dumps on these claims contain approximately $12,000,000 value in various materials. 40 different minerals have been assayed on the site of these claims.

MINING TYPE: Lode mining and open pit with on-site processing and refining. A virtual water leach recovery system can be used that does not require toxic chemicals

MILL PROCESSING SITE AVAILABLE: A six square mile site of BLM land near the claims has been deemed available for a processing site.

Cherrie Tilley, Miner of the Year 2013, is in the process of raising funds to acquire this property
Setup Time for Full Operation: 3-6 months
Projected Production: 1,000 tons per day
The water leaching extraction method will cost $7 per ton, regardless of mineral content
Total value per ton: $1,100 (for the top 17 minerals)

Website: minesinvest.com/mines

Quick Facts on AJAX

Location: Darwin Hills, one mile east of Darwin, California

Surrounding region mined since: 1874

Surrounding region famous for: silver, lead, zinc, gold, antimony, tungsten, copper

Most prominent, former miner: The Anaconda Company

Type of project: lode mining

Number of claims: 11 20-acre claims

Types of claims: unpatented on federal (BLM) land; fully maintained through 2013

Number of minerals assayed: 40 featured

Top minerals at Ajax: gold, boron, sodium, lanthanum, rubidium, silver, scandium, copper, thorium,

Project description: open pit; on-site processing and refining to 95%+; extraction in 10-12 days; non-
toxic technology; combined exploitation and remediation

Setup time to full operations: 3 to 6 months

Projected production: 1,000 tons per day

Projected production value: $768.75 per ton

Yearly revenue projection: $192.2 million

Total annual costs: $20.9 million

Break-even point: 109 tons per day

strontium, titanium, aluminum, magnesium, manganese, cadmium, caesium, zinc

Geological Reports and Info

Extensive amounts of geological information and surface sample assays are available.

Access all of the information on the AJAX/Darwin Mines here:
minesinvest.com/mines/darwinmines

To View more mines for sale go to:
minesinvest.com

Additional Summary Information

Asset.

Eleven claims called “Ajax” located west of Death Valley.

Primarily mined for silver, lead, and zinc in the past.

Each claim is 20 acres. Total acreage is 220.

Contents.

A full range of precious, standard, and rare earth minerals.

The famous Custer Mine is situated in the middle of the claims.

Custer Mine production history.

Operated from 1893 to 1949 (56 years).

Silver appears to have been mined every year.

Gold may have been mined in only 1/2 to 2/3 of those years.

Average gold production: .15 ounces per ton

Average silver production: 16.72 ounces per ton

Current assays.

Maka V and Marleyco have had surface samples professionally assayed.

Average gold content: .13 ounces per ton

Average silver content: 2.336 ounces per ton

A broad range of other minerals showed significantly in the samples.

Extraction.

Status quo: Barrick's website states its “total cash cost of gold extraction” in 2012 is $550-575 per ounce.

Current leaching methods use cyanide and ammonia.

The Ajax Project process: The water leaching extraction method will cost $7 per ton, regardless of mineral

content. So, for .15 ounces of gold per ton, the total processing cost of gold extraction will be $47 per

ounce, and no cyanide or ammonia will be used.

Operation.

The top 15-17 minerals will be targeted for extraction, where feasible.

Total tons per day to be processed: 1,000

Total value per ton: $1,100 (for the top 17 minerals)

Remediation and Reclamation.

Performed concurrently with exploitation and extraction.

Heavy and toxic metals (like arsenic and selenium) will be neutralized.

Ongoing landscape planning will assist to return spent ore to the terra firma when it is safe and clean.


Four developments as of 17 October 2012.

1. Maka V has recruited University of Utah Professor Ilija Miskovic, PhD, who is willing to bring a wealth of

academic and industry expertise to the project. Initially

Geological Report

The report on the Darwin Hills geology, entitled, “TECHNICAL REPORT ON THE DARWIN MINES INYO

COUNTY CALIFORNIA,” is the product and property of Peter H. Hahn, a Certified Professional Geologist

(CPG – an accepted industry credential issued by the American Institute of Professional Geologists to those

with a significant combination of higher education and professional work in the field) whose office is

located in West Jordan, Utah. Mr. Hahn is the owner of the document, and Maka V (via Marleyco) obtained

express permission from Mr. Hahn to circulate his report as a description of the geology beneath the Ajax

(and Coso and Revenue) mining claims.

Mr. Hahn originally conducted his study of the area with the Darwin Mine being its locus, primarily

because it is the largest mine in the vicinity, it is still somewhat active, and because the owner of the

Darwin Mine had requested some professional insights into his own claims (as he is likewise seeking

investment for his operation).

Mr. Hahn's geological report is applicable to the Darwin Hills, including all of the area on which the Ajax,

Coso, and Revenue claims are found, and one might extrapolate from it a sound understanding of the

geology of the entire district. In the report, Mr. Hahn notes, “The Darwin mine, and geology of the

surrounding Darwin Quadrangle, has perhaps been studied as intensively as any mining district in

California with the exception of the Mother Lode.” (The “Mother Lode,” of course, is the site in which

Sutter's Mill is found and where the original California Gold Rush occurred.) Since the Ajax claim is

situated less than a mile from the Darwin Mine, it can be safely assumed that this report would cover both

sites, as they would share nearly identical geology. Nonetheless, Mr. Hahn has expressed a willingness to

certify that fact and answer questions about his report.

Visit: minesinvest.com/mines/darwinmines to access this


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