Cinzano has purchased a profitable gold mine on the famous La Luz Vein system in Guanajuato, Mexico and is going to scale production to approximately 240 tonnes per month. The mine is currently being hand-mined and producing 5 tonnes over a given period of time, with $20k USD cash value for that 5 tonnes.
- We are operating off of a very conservative grade of 15g gold and 2000g silver per tonne.
- Conservatively, we are looking at 100,000 tonnes of high grade ore, which represents 25+ years worth of mining.
- No mill required. We will only be selling crushed ore, therefore avoiding any problems that come with refining and security.
- Our annual profits, after tax, will conservatively be $2.9 million, at current prices.
- We have bought all the equipment needed such as loader, crushing assembly, scooptram, drills, truck, compressor, trailer, etc.
- At current pace, we will be operational in Q4 of 2022.
- We have discovered another profitable vein on the property which we plan on mining concurrently, doubling our tonnage. We have built a crushing assembly that can handle the additional tonnage.
We are looking for an investment loan of $50k-$75k USD, with a minimum investment being $12.5k USD. We are selling 1% equity in the company, in-perpetuity, for $25k USD. A 1% equity position represents $29k USD per year, at current prices, on top of the return of the initial investment. The initial investment will be returned over the course of 2 years after we become operational. This equity position extends to all future projects and activities that Cinzano does.
Ready to Ask For Funding for your company?
Post a Funding Request