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5900 Wilshire Blvd. Suite 1850 Los Angeles, California 90036-5018 U.S.A. |
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Tel.: (310) 746-1540 ext. 7093 Fax: (603) 698-6177 Other Tel.: (619) 807-1915 anasazi@linkline.com |
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LOAN PROPOSAL GREEN RIVER PROJECT Anasazi Gold resources (AGR) is in the process of setting up a milling and smelting facility to process the Green River Sand and Mancus Shale ores. The Green River Ore has consistently shown at 2.1 oz/t in gold and there is an indication that there are significant PMG metals present as well. AGR is operating its facility in leased space in Green River, Utah and has secured virtually all equipment required to commence operations. The equipment is now on the premises and is being assembled for operation. After initial tests are completed, the initial facility will process approximately 4 tons of Green River Sand ore per day or 24 tons for a 6-Day week. Estimated value of gold produced at 2.1 oz/t, discounted for refinery losses and charges is in excess of 8,500 per week. Click here to see a pro-forma for the first year at 24 tons per week. AGR contemplates an expansion of the initial facility to add an additional property, which will increase production to at least 40 tons per day or a total of 240 tons per week ("Expanded Facility"). Click here to see a pro-forma for the one year at 240 tons per week. AGR is looking to ad an additional $15,000 to the initial budget to complete assembly of the plant, tests, and commence operations. AGR is offering the following to a lender who will fund the $15,000: » Repayment of $30,000 within 60 days of funding of the loan; » 10 percent of profits derived from the first 1,000 tons of ore processed; » Option to invest in the Expanded Facility for $250,000 and receive a 25 percent net smelter royalty interest from ore processed from the Expanded Facility Interested parties should contact Jose Pinell at the information above. |
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® Anasazi Gold Resources, 1999 Last Edited: January 04, 2001 |