Dear Investors,
We are in the process of opening the first gold mine and we require funds in doing so. As you know, gold has always been a good investment historically in terms of diversifying risk, especially through the use of futures contracts and derivatives.
So far, we have an efficient mining operation that does more than just mining.
- In 2022, average all-in-sustaining costs (AISC) in the gold mining industry reached a record high, rising by 18% y-o-y to US$1,276/oz. This was 14%, or US$160/oz, above the previous record set in 2012.
- Gold mining is expected to rise by a CAGR of 8% between 2022 and 2026.
- We are going to use less fuel by using conveyors instead of rock trucks to move pay and be able to feed the plant directly from the cut.
- I have 5 mines to go look at that I will get up and running once I get acquainted with the first team in our first season.
- I have successfully run my construction/Demolition/Excavation company for the past 7 years, I used to be a semi truck-mechanic, a very skilled heavy equipment operator, and one team member has current mining experience, I have a seasoned mechanic onsite that has worked on large P&H shovels.
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