Gold Dredging JV With American Company In Cameroon

Opportunity Summary

Gold Dredging Operation

in Cameroon, Africa
 

• Five Hectre claims along a very rich gold bearing stream

• additional 100 Kilometers on Lom River

• gold, diamonds, Silver, Rare Earth Elements and platinum values

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Joint Venture Partner Wanted

$150k - $250k+ USD required

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An experienced American gold dredging operator needs $150k - $250k+ Cameroon in equipment and operation expenses, not cash in order to expand mining operation. Company has set up a corporation there with one partner a Cameroonian, whom he has worked with for six years and had success in the mining sector primarily trading gold and diamond. They have multiple properties to mine and have access to other good mining properties nearby. They have a Gold/Diamond/Mineral Export license and need to purchase additional 8 inch dredges and additional separation equipment. We would like three 8 inch dredges so in total we are processing 180 tons per hour.

Ideally the investor will be hands on partner who is interested in mining himself. As a shareholder he can use their license to be an independent contractor to be present on property. A major international mining company has started dredging on the Lom River with an 8 inch dredge and estimates that they will recover 5-20 kilos of gold per month and test samples of the bedrock gravels averaged .5 to 84 grams of gold per yard with an average is between 1-5 grams.

Our company currently owns three vehicles – 2 suv – 1 truck, prospection permits, two six inch dredges, one 2.5 inch backpack dredge, camping gear, etc.

The dredges we purchased are from Gold Dredge Builders – Alan Trees. The six inch dredges will not arrive in Cameroon until late January.

50/50 split on production. – Three to five kilos will break investor even. Gold is 89% pure.