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  • Ecological project "Purification-Revival-Prosperity"

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    The aim of the project

    "Ecological purification of technogenic formations of mercury during the mining of gold and diamonds, as well as the use of cleaned areas for breeding fish and agricultural crops".

     

    Introduction

    During the history of gold mining, a huge amount of highly toxic, gold-containing, technogenic dumps contaminated with mercury used to extract gold, and heavy placer minerals containing arsenic, lead, cobalt, selenium, raised to the surface as the result of mining.

    In the process of developing deposits, huge land plots were seized from the economic turnover.

     

    Summary

    The implementation of the suggested environmental project carries an ecological, economic and social component.

     

    Ecological component:

    Mercury vapor is highly toxic poison; heavy minerals increase the radioactive background; placer minerals containing arsenic, lead, cobalt, selenium have a negative impact on humans and the environment.

    Extraction of all these components from technogenic formations will return the land to its natural state.

     

    Economic component:

    The minimal cost of extracted gold, platinum, diamonds and other useful minerals in the mining sector.

    The available mineral raw resource due to huge volumes of technogenic, mineral formations with residual gold, platinum, palladium, silver content, estimated - in hundreds of tons; copper, tin, iron – in millions of tons; rare earth minerals - in tons.

    The production of environmentally friendly construction materials, the need for which is increasing every year.

    Huge areas of cleaned land in the regions of mining will return to agricultural circulation.

    It make possible the production of fish farming and processing; growing of cocoa, coffee, with the production of finished product; cultivation of technical oil crops with the production of bio-diesel.

    Preferential taxation, the possibility of receiving grants under the existing environmental program, from environmental funds of various levels, lack of demand for technogenic formations, and an enormous raw material base.

     

    Social component:

    The creation of production facilities, the purification of technogenic mineral formations, the production of environmentally friendly construction materials, agricultural production in cleaned areas, followed by their operation for many decades, will provide employment for residents of these regions in the production area with the consequent development of regions, increasing the welfare of the population and social stability.

     

    Project implementation strategy:

    There is an agreement with the owners of sites in Guyana, Peru, Ecuador for working off gold and diamond-bearing sites,both monolithic and technogenic dumps.

    An agreement is concluded for the development of a mine with the following distribution of extracted resources: 90% - to the operator-investor, 10% - to the owner of the site to process technogenic mineral formations (TMF). TMF section can be distributed as follows - 95% - 5%.

    At the same time, the construction of concentrating complexes and a gold recovery plant are ordered, mining equipment is purchased. Under the agreement with the owner, verification works are carried out on previously researched TMFs to identify the volume and content of gold, platinum, diamonds, and other commercially sold minerals.

    Moreover, exploratory work is under way on TMFs that do not have an owner to assign ownership rights to the plots for environmental clean-up.

    Mining operations in leased areas and small-volume washing in own areas are organized.

    The government environmental authorities of neighboring countries, such as Peru, Ecuador, Suriname, Argentina, Chile, Brazil, as well as the representatives of international environmental funds were presented working landfills to demonstratethe extraction of mercury and fine gold.

    The purpose of such presentations is to sign agreements for the implementation of an environmental program in these countries and the financial support of international environmental funds with the legal registration of all the areas allocated for the cleaning in company’s ownership or long-term lease with the right to use the cleaned areas for economic purposes.

    In the process of ecological processing of contaminated areas, the cleaning carried out with the planting of such crops as cocoa trees or oil palm trees, will allow the company to get possession of huge land areas and agrarian and industrial production of demanded products produced to the final product at the site of cultivation.

    This provides additional permanent profit due to recovering resources.

    In the near future this will be an important highly liquid commodity.

    The amount of investment (credit) for the implementation of the project is $20,000,000.

     

    Production development strategy:

    Considering understated gold content of 0.3 g / m3 and 0.1 c / m3 of diamonds to calculate the project’s cost, it is possible to repay the costs and return loan funds with interest for 3 years.

    The project is planned to be launched on previously researched and tested sites, directly by the author of the project in the Cooperative Republic of Guyana.

    The average content at these sites is - 0.5 - 3 g / m3 gold and 0.3 - 1.5 carats / m3 diamonds.

    In these territories there is already a network of unsurfaced roads that allow delivering spare parts, components, fuel in the required volume for industrial mining and extracting gold from 1.5 tons or more per year with additional extraction of diamonds, platinum, rare earth elements.

    In the process of TMF surface mining, ore stores will be formed, for the ore quartz part to be laid, alluvial deposits that have passed the ore sorting on X-ray unit.

    The second stage will be ordered and introduced into production, a mobile crushing and grinding complex, and a mobile concentrator complex that do not require the erection of capital foundations and structures. The second stage is financed by the profits received.

    The complexes will move from one ore deposit to another, as ore material is being mined, filling the tails with the tailings prepared during the development of TMF by the IOC-250.

    This approach will make it possible to obtain additional raw materials with a high gold content, as well as with a small amount of ore for ore processing. Consistency of mining operations in the process of cleaning, with the preparation of sites for subsequent mining of the ore part, will significantly reduce the overall production costs.

    Considering the current net cost of gold production in the gold mining industry, the average cost of ounce of gold extracted from ore is $1000, the cost of the ounce produced by us will not exceed $200.

    In general, the planned cost of the gold, diamonds, and platinum mined by the company will be significantly lower than that prevailing in the mining industry due to such factors as work on already explored areas where stripping works have already been performed, sands lie on the surface, to, it is not required to carry out mining operations for extracting ore material, the comprehensive extraction of commercially valuable minerals.

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