United States, Ge... Preferred Partner "Overview Alabama Sand LLP is a partnership seeking funding of $250,000 for start up cost and operation expenses to reopen a gold mining operation in mid eastern Alabama. We will produce three different products gold, black sand and white sand. Marketing The gold and black sand has a world wide marketability. The black sand will consist of silver, platnum, paladem and other valueable metals and minerials. We will market the white sand to ready mix concrete companys within 100 miles of the mine. Through testing we have already confirmed a deposit of 150,000 plus tons of ore which will yield as follows; 20,000 to 30,000 ounces of gold @ $280 per oz valued between $5.6 million & $8.4 million 2,000 to 4,000 tons of black sand @ $500 per ton valued between $1 million & 2 million 120,000 tons of white sand @ $7.00 per ton valued at $840,000.00 This will give us between $7.44 million and $11.24 million in gross revenue for the known ore deposit. With an estimated start up cost and total life time production cost of $1,200,000 for the known ore body. That amounts to a cost of approximately $8.00 to process each ton of ore. Each ton will yield between $50.00 and $76.00 of sellable material. Test have concluded that there are between .09 of an ounce and .24 of an ounce of gold per ton and .01 of an ounce and .10 of an ounce of silver per ton. The ore carries different amounts of gold and silver in different areas. We used a figure of .13 of an ounce per ton to estimate the low number and .20 of an ounce per ton for the high number to estimate the gold yield on the above illistration.The accusal number will be between these two at .17 of an ounce or .18 of an ounce of gold per ton. Ed Deerman and Danny Ingram bought the mine property with all mineral rights in 1987. William Prince was brought in as a partner in September of 1999. William brought in heavy machinery and excavated an area around the old mine shaft. Start up will consist of purchasing and installing a crusher, a centrifugal gold classifier, a gravity shaker table or a small finish centrifugal force concentrator, a water pump and a used office trailer. We will also rent a 963 Caterpillar loader, D-9 dozer, and 2 articulating dump trucks. With wages start up will amount to $196,500 with the rest of the investment being used as first month expences. Production is figured at 50 tons of ore processed per hour at 40 hours per week 4.3 weeks per month which equals 172 hrs per month. That will be 8,600 tons of material processed per month on average. This is an average allowing for clean out, maintenance and short break downs. Per Month Production and Gross Income Gold 8,600 tons of [ Please use our messaging system ] ounces per ton 1720 ounces @ $280 per ounce *$481,600.00 8,600 tons of [ Please use our messaging system ] ounces per ton 1118 ounces @ $280 per ounce p$313,040.00 Black Sand 8,600 tons of [ Please use our messaging system ] lbs per ton 215 tons @ $500 per ton *$107,500.00 8600 [ Please use our messaging system ] lbs per ton 107.5 tons @ $500 per ton p$53,750.00 White Sand [ Please use our messaging system ]% of all proces...
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