Blue Sky – Thunder Hills Project
Dutch Hills near Cache Creek, Alaska – 520 Acres
SOLD
Summary
Mining Joint Venture - $499k for 25%, $800k for 40%, or $1M for 50% ownership in 7 Permitted and Licensed State Mining Claims, consisting of 520 virgin acres (one mile long; ½ mi wide) - including all mining equipment. That should not be a lot of money for the individual(s) I want to attract.
There will be NO additional business expenditure expected or required after an investor's initial investment.
For the 1st year $100k is more than enough to bring the mine online and get everything staged to break ground on time in 2024. We should also have additional funds ($99k) set aside as a nest egg to cover any seen or unforeseen expenditures; and who knows, we may decide to buy another excavator and/or loader our 1st summer.
In all reality, I expect us to hit pay (after vegetation/overburden removal, settling pond and plant set-up), about 1/2 way through 2024 (mid-August) and start producing $ from that point on. However, we want to be conservative and ensure we have enough of a war chest in the hopper to cover expenses for the 1st year.
We will form a new Alaskan Corp. with both principles listed as owners:
Dr. D - Chairman & CEO
You - President
My 25% - 50% loss is your 100% gain and the deal of a lifetime...
Note: The joint venture ownership percentage of the 7 claims do not include my 30 acres of private property near the mine; but WILL INCLUDE an equivalent percentage in ALL the equipment and machinery listed below, as well as 365-day access to the mining campground (camping/hunting/snow machining) and the landing strip/helipad.
A couple of people have called and asked what it would cost to buy everything - so here's the answer to the "I really don't want to sell anything price": If you want to buy EVERYTHING: Claims, Permits, Licenses and all equipment listed below including the upper 20 of the 30 acres of Prime Patented Real Estate with landing strip (once owned by Princess Cruises on the north summit of Cache Creek) - $6.85M obo. Add a really cute 850 sq/ft Cabin/Home w/loft on one acre in rural Wasilla for $165k.
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