Explora Metals

COPPER ORE PROCESSING AND EXPORT  

Explora Metals has  access to copper ore deposits through direct purchase and exploitation  agreements with copper mines in Colombian . 
The mines are rich on high grade copper of minimum 10% per MT, the mineral is at surface level, it can be extracted at very cost-effective way with good margins. The extracted copper will be offered at market price to several traders at Santa Marta Port Colombia, Company has access to already extracted material ready to be process and sold to our portfolio of customers ready to buy. 
Explora Metals  Vision is to establish a reliable source of high valued minerals while operating Small to Mid-Size Mines
Formal and regulated Small‐ and medium‐scale mining is on the increase on largest mining economies in Latin America, expanding rapidly and controllably, employing large numbers of people generating a workplace opportunities and moving towards greater competitiveness in the mining sector, efforts are being focused on the promotion of minerals that can support diversification policies, especially those demanded for the development of new technologies and alternative energy sources, such as gold and copper as well as other minerals. 

The Problem:
Often the problem of small mid-scale mining was the lack of regulations and therefore lack of funding and growth, governments of the top mining countries in Latin America have taken a new entrepreneurial approach when it comes to this sector 

The Solution:
Explora Metals sees the opportunity in consolidating areas such as finance, logistics, exploration, production and export sells that often sees many stakeholders involved creating slow productivity, the company is also focused on securing purchase agreements with several mineral providers.   

Strategic and Tactical Plan

 ·   Initiate operations with available  extracted minerals and deliver to first customers
·    Begin mineral production and processing  and increase sales

·    Secure additional mining properties and exploitation permits
·    Deploy Crushing plant to lower cost.

·    Extensive geological study to value reserves.

Sources / Use of Funds
Sources: 
Private Equity, Seed Capital
Use:  
Operation set up: 35%, material acquisition, logistics, crushing plant, inspections and port cost: 65%

Sales Cycle:
The base price is composed of MT of mineral with a minimum 10% concentration. 
The selling price is based on the LME (London Metal Exchange) copper price. LME price multiplied by the discount rate times the copper concentration percentage.
Sells against irrevocable, confirm and divisible documentary letter of credit (ILOC)
Incoterms are 100% F.A.S. (Freight Alongside Ship) payment.

Projection:
We expect to be exporting 1,400 tons a month by the end of the first year integrating heavy equipment to the mineral extraction process. The second year we plant to incorporate a processing plant and a truck fleet to our operations for more efficiency and to lower costs. The third year, we plan to start exploiting our own mines and begin the construction of a mineral flotation plant to produce copper concentrate, gold, and silver.