Invest in the exploitation of a small gold mining concessionThe Business
The Company holds mining rights of over 200 acres of a gold deposit in the Central Ashanti region of Ghana. A 25-acre mine planned for the mining area has an estimated gold capacity of 2.5 kilograms of gold per acre of excavated land or about 60 to 65 kilograms. The quality of the gold for the concession is at a 93% purity level with the other seven percent comprised of metals including silver, iron, and copper among other metals.
Market
Ghana hosts the second largest gold deposits in the African region after South Africa. The nation derives a bulk of its external revenues from gold mining, which form as much as 90% of the total mineral exports of Ghana. Apart from gold, Ghana also produces significant quantities of bauxite and diamonds.
Ghana hosts some of the biggest names in the global extraction industry – Gold Fields (Ghana), Newmont Ghana and South African AngloGold. Over 90% of the country?s output originates from underground mines in the Ashanti region of the country. About ten percent of gold output comes from small-scale miners such as the Company?s concession.
The Company is open to several possible financial opportunities from its concession including sale of the mining rights, an equity investment in its development, plant investment or debt finance.
Sector: MiningSegment: Gold MiningRegion: AfricaFinancing Size: $1m to $5mContact: Mary Williams
Company: Marisel LimitedTelephone: +233 206360539Email: [email protected]