Finance the development of an important resource with strong demand secured by the mine propertyThe Business
The Company plans to develop a 1,100 acre alpha gypsum resource in Texas to produce 50,000 metric tons per month. An associated industrial park designed to utilize gypsum and low cost, locally sourced natural gas will be developed simultaneously with the mine. Rail line, water and all utilities are available on the property. A life-of-mine plan is to be completed that includes a mine and facilities layout, equipment selection and recommendation, labor requirements and scheduling. It is estimated that the first ten years of mine operation should only affect 50-100 acres of the 1,100 acre tract.
Market
The Company is seeking debt financing that would be secured by a first lien on the gypsum resource and provide interest and a flat rate royalty until repayment. A title commitment is in place and ready to close.
Sector: MiningSegment: Region: North AmericaFinancing Size: $1m to $5mContact: William Cavalier
Company: EJ Grace LLCTelephone: +1 469 767 8643Email: [email protected]
