Industry:
Manufacturing
Business Address:
N/A, Overseas, N/A, Zambia
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Click on pics to enlarge.
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| AD
ID: |
B160800006 |
| Asking
Price: |
P.O.A
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| Rent: |
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| Detail
business type: |
Gold Mine |
| Business
Ph: |
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| After
hours ph: |
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| Name: |
Mr. John Burrowes |
| Advertising
Nature: |
Private Seller |
| Company
Name: |
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| Phone: |
0439 409 060 |
| Mobile: |
0439 409 060 |
| Fax: |
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| Email: |
aracptyltd@gmail.com |
| Website: |
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| Postal
Code: |
N/A |
| Country: |
Zambia |
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Comments:
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Features |
GOLD MINE INVESTMENT OPPORTUNITY – ZAMBIA AFRICA
Queensland Resources and Commodities Holdings Pty Ltd (QRAC) is an Australian junior mining and exploration private company, with its assets and projects in Zambia Africa.
We are seeking investors for $250,000 to kick start Project No. 1 Gold Mine.
BACKGROUND
Over the past two years (2013 & 2014) our geologist team visited sixty odd mining sites and put together a portfolio of several resources, one being GOLD.
Six months ago we entered into Gold projects with three vendors and licence holders to commence gold mining.
THE PROJECTS
Over the next twelve months we will commence mining in this order, Project No. 1 - Kuloka Gold Mine, Project No. 2 - Katenga Mine and Project No. 3 - Kasempa..
MINING ENGINEERS BRIEF LOCATION DESCRIPTION
Mbala is located in the Mporokoso basin which has similar geology to the Witwatersrand basin in South Africa and the Tarkwa basin in Ghana, both major gold producers.
The basal Mbala Formation of the Mporokoso Basin has confirmed potential to hold gold mineralisation, as shown by the vendor’s exploration panning, as well as other companies such as Africo Resources Ltd. Africo Resources licences are wholly-owned through subsidiary, Swanex Zambia Ltd. (Swanex Zambia), and Swanex Zambia has undertaken a significant amount of work in the region, including establishing 8 reverse circulation boreholes and 6 diamond core drill holes.
Work is now under way to define the best areas of the basin in which to focus the search for economic concentrations of gold mineralisation. This is an excellent opportunity to locate a significant gold occurrence in a large and relatively unexplored basin.
To date most of the exploration has been focused in the eastern portion of the basin where outcrop is reasonable due to some structural deformation in this area. Exploration in the central part of the basin will be more of a challenge, but will be justified by the potential to discover a large tonnage conglomerate hosted gold deposit within this extensive sedimentary basin.
WE ARE OFFERING 2 FINANCE PROPOSALS
1. Buy parcels of 10,000 shares at $1.00 each in QRAC Holdings Pty Ltd. that owns the shares in Zambia Gold Pty Ltd. QRAC Holdings Pty Ltd to have 1st option to buy back these shares. Project No. 1 Kuloka Mine
2. For Super Fund’s investment. Buy parcels of 10,000 shares at $1.00 each in QRAC Holdings Pty Ltd. that owns the shares in Zambia Gold Pty Ltd. We are offering 15% p.a. return paid quarterly QRAC Holdings Pty Ltd to pay back principle, that is the shares @1.00 each, 12 months from date of purchase. Project No. 1 Kuloka Mine
For further information, please contact John Burrowes on 0439 409 060 or email: aracptyltd@gmail.com for our Information Memorandum to be forwarded to you.
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- Excellent Location
- Huge Potential
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