Gold, produced for under $400 per oz


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Company Name:

Watt Mine Management

Industry:

Metals & Mining

Number of Employees:

Capital Needs:

$100,001 - $500,000

Location:

phoenix, AZ

Company Website:

wattmin.com

RaiseCapital Website:

http://www.raisecapital.com/tag/10-million-ton-iron-ore-mine1

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Description

We have gold mines identified that can start producing gold within 60 days for under $500,000. The Copper Canyon Mine identified in the website was in operation over 100 years ago producing copper/gold ores from a 4 to 6 foot wide vein averaging an ounce gold and 15% copper per ton. The ores were hauled 20 miles by mule train to a smelting facility. The Mine situated at the bottom of Mexico's Copper Canyon was shut down due to the Mexican Revolution in 1910 and never reopened. The vein is strong and there are additional mineralized veins with similar values on the concession to be developed. We estimate that the cost of mining, transporting the ore directly to a smelter and smeltering costs will be approximately $400 per ton. The mine. With daily production of 25 tons per day should produce a pretax profit of around $40.000 a day from the copper/gold vein. . Too good to be true? No, there are reasons why the Copper Canyon and other mines remain idle. Please refer to our website for a somewhat exhaustive explanation. Making such profits are what mining is all about and with gold over $1300 and silver $20 an ounce, it is time to reap. We are looking for are hard nosed, no nonsense, sophisticated investors who are willing to take the time to thoroughly investigate the opportunity and join with us to exploit what we see as virtually unlimited potential. The photo is from the Idaho Mine referred to in our website. It captures a face of ore worth about $2,000 a ton.
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