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Ecuador Tailings Project #L1075

 

 

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Ecuador Tailings Project #L1075
located in Ecuador
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2 million tons of tailings
over 400,000 ounces of gold
Gold Reserves - $400 million
9 year mining life
fully permitted & ready to go
production to begin 90 days from funding
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Looking for Joint Venture Partner(s)
Need $200,000 USD

This is a mining company owned and operated by Canadians who live in Ecuador and Canada. The company is incorporated, permitted and almost ready to go to work. Management, Banking, Accounting and Legal are all set up. They require a further $200,000 USD to implement their operation. A complete 35 page Business Plan and Info package is available for those wishing further information. Only those qualified need to apply.

Their projections are based on 400,000 oz of Gold. At $1000 gold, this equates to $400 Million. This project generates incredible profits at $1000 gold and this figure will rise dramatically with gold prices.

[Most Recent Quotes from www.kitco.com]

They can accept up to five accredited investors and have 5 Business Units (BU) available for the Business Partners (BP). This could be 5 BP or just 1 BP. The value of each (BU) is $ 40,000 USD or $200,000 USD for all 5.

The mining life of these tailings is estimated to be 9 years and the projected returns below extend for 5 years to give you an idea of how lucrative this project really is. Based on $1000 opt gold and a yield of .2 opt gold.

return 1 (BU) 5 (BU)
1st year $51,000 $255,000
2nd year $102,000 $510,000
3rd year $153,000 $765,000
4th year $204,000 $1.02 million
5th year $255,000 $1.275 million

The return profits will be paid out quarterly and the company can be in gold production in 90 days of funding. Ecuador has a long history of being a major gold producer and offers low cost of labor, fuel and millions of tons of tailings making this a very profitable business Venture. Ecuador has a good political climate to do business in and has no restrictions on capital flows and a relatively good infrastructure.

Deals like this don't come along often so if you are interested please contact us immediately for more information. As mentioned, a complete 35 page business plan is available to qualified investors.