SPECIFICATIONS
- A minimum of 279,000 tons of first stage Precious Metals ore concentrates intentionally stored in two earthen pits of 60-90 feet in depth at the Copper Basin, Skull Valley, Arizona (1995 Bill of Sale states tonnage of at least 500,000 tons). See seismic report by Geosyntech at www.nmcinc.com
ASSAYS & TESTING
- Four custodial assays; two conducted in 2006, one of which was audited and verified and a third, conducted for a financial firm’s due diligence while they represented NMC. The most recent custodial assay was performed on 10-29-2008 for an interested third party.
(Assays are available with signed NDA)
- Additional assays were also performed on five Dore Bars produced at the Skull Valley milling operation.
- Values, before extraction and gross profit margin, range from $1.86 Billion to $3.2 Billion, dependent upon current spot pricing.
SITE HISTORY
- Ore concentrates located 2.8 miles from a rail spur.
- Complete history and disclosure available on our website at www.nmcinc.com
- Site previously mined for eleven years for only “free or range gold” extracted with remaining concentrated precious metal tailings piped into prepared earthen pits for further processing.
- The current lease is in the renewal process with the Arizona State Land Department. However, NMC has full ownership of our intentionally stored tailings. A supporting legal opinion letter based on existing court precedence is available upon request from an Arizona mining attorney.
- NMC paid $216 Million in HCAA stock to the Zarzion Mining Company in 1995 for the stored precious metal concentrates.
- Video of the former milling operation can be viewed on the private website.
OVERVIEW
- Though a simple asset purchase is preferred, NMC would consider a joint venture with a refinery/processor or a merger/reverse merger.
- Potential customers include investment banks, insurance or reinsurance companies looking to bolster their balance sheets or mining companies seeking precious metal ore concentrates without having to deal with the environmental concerns or labor issues associated with underground mining.
- Wise purchase for countries or companies that are in need of strategic precious metals with the added bonus of a weak dollar and temporarily depressed commodity prices.
ADDITIONAL ASSESTS AVAILABLE
In addition, NMC owns 100% of the mineral rights of two additional properties in California which are available separately or as a complete package.
For more information on these properties, please see the following:
Silver Valley, California
La Escondida, California
For more information, please contact:
Michael Sheppard, CEO
Nevada Mining Company
Phone (615)-400-1099
michaelsheppard@comcast.net