Serbian Gold Mining Company Looking for Equity Investors

We have Government’s license for exploring gold reserves in Serbia. This is the ideal situation to acquire 85% ownership of the company.

Country: Serbia

Company: Limited Liability Company involved in exploration and mining of gold and other minerals in the Republic of Serbia.

Project Background:

We have received Government’s license for exploring gold reserves in an area rich of gold reserves in Serbia. The territory for which the license has been granted is about 200 ha. The area extends itself over a total length of 20 km along the River PEK from Brodica to Debeli Lug with the exception of one kilometre at Blagojev Kamen. This area is known for gold mining since Roman times. We count on a total of about 9 million m³ of the ore. According to estimation by the University of Belgrade the average content upstream of Blagojev Kamen is 0.41 g / m³, downstream - 0,536 gr / m³.

In addition to gold, following minerals are found in this area: Titanomagnetit (about 1.6 kg / m³), Granat (about 1.6 kg / m3), and Titanium (about 0.8 kg / m³). The extraction of these additional minerals could cover the total costs of this project.

During the 3 winter months there will be no production. During the rest 9 months we have assumed the work is going to be performed without breaks, therefore higher labour costs are calculated.

The total value of the reserves in the given area (about 4,8 mt of gold) which can be extracted in 15 years with the workforce of 28 amounts to approximately 250 mil USD.

Investment:

Company shares - 85% ………………….................................400 000 USD
Purchase of land (200 x 9500€/ha) …………………....................1.800 000 USD
Research .............................................................................800 000 USD
Topographic plan, Approvals …………………………………………………..25 000 USD
Total Σ 3.025 000 USD


Sale/ Investments

We are looking for a strategic partnership with own capital to take advantage of the gold-rich area and extract the product in a shortest possible period. Majority participation (85%) in the company is offered for 400.000 EUR.

The company has got a unique competitive advantage – license for gold extraction in the area of high concentration. With total investment and running costs amounting to less than 25 million USD in 15 years, the revenue from the sale of gold amounts to about 250 million USD. This is the ideal situation to acquire the majority ownership and great future prospects bearing in mind availability of other minerals content of which was not explored yet. Consequently: purchase highly recommended!

- Government's licence available
- Very competent local partner

The best ROI possible with relatively small investment.

- Purchase or lease of land
- Excavations

The company has got a unique asset – license for gold extraction in the area of high concentration. With total investment of about 4 million USD, payback period of maximum 2 years and revenue of about 250 million USD, this is the ideal situation to acquire 85% ownership of the company!