Equity Investor required in an operating Gold Mining business based in a shear zone of great gold mineralization.

Location and Access:

Uganda. Access available. Currently in operation.

Description:

The business consists of a 21year Mining lease on 873 hectares and the gold reserve is currently estimated at 3 million ounces. The property has several exposed and hidden gold bearing veins with a width of <1 to >10m and depth estimated to be >200m. Gold concentrations in the veins are 10-14g/t on average, and in the areas surrounding the veins about 2-3g/t. The current mined area is 150m long by 30m wide by 7 to 20 deep Open-Cast mine.

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