MINE for SALE - Iron Ore
SOUTH PERU PROPERTY DESCRIPTION
Located in a privileged Mining area with Direct access to Railway and Port.
6,,500 +/- Hectares of mining claims in the most important province with Iron deposits in Peru.
Estimated reserves based on Aeromagnetometry
2,900,000,KTM of 53% Fe;
4,400,000 KTM of 52% Fe
There are several companies working in the neighboring sites. These companies are developing the roads, water projects, energy sources and Port for mining and transportation of the Iron Ore.
I.- PAYMENT IN CASH
Upon Completing Due Dilligence and Legal Documents
Direct Purchase Cash Price: US$ 22 Millions.
II.- PAYMENT BASED ON EXPLORATION RESULTS:
Exploration Period : 5 - 8 Months
Exploration Down Payment : US$ 2.4 Millions
I.- MINERAL TRANSPORTATION COSTS
Mineral Exploitation: US$ 4.0 Pmt
Mine Site to Railway US$ 7.0 Pmt
Railway to Port US$ 9.2 Pmt - Average
- Letter of Intent containing:
Identification of Buyer group with commercial, banking references and evidence of financial qualification, POF (PROOF OF FUNDS).
This representation is made with full corporate authority and responsibility of the above.
Luis O. Benavente
Director Overseas Operations
INTERNATIONAL TRADING CONSULTANTS
Email or call 56 2 4585183