Sun Minerals Ltd
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Project Cooperation

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  • Place of Origin: Nigeria

Description

We are seeking for an experienced mineral exploration partner/investor in our Tin Ore mining project.

 

We have an exploration mine lease covering an area of 50Sqkm of high land, and a reserve of 40,0000m.ton of tin ore.

 We have all required legal documents on hand.

The mine is producing by way of using artisans to dig manually

 

The production plan is open cast mining method for exploitation.

To commence immediate operation , we need funding for the following equipment : Bulldozer, Excavator, articulated truck, Dove Super Miner and concentrator, Magnetic Separator, Air float, Dryer, Pick Up Van, Mineral Detector Analyzer,and  a power Generating set for electricity supply.

A Bore hole (for water supply) cum a near by River would serve as good source of water.

The investor is to control our account. Exploiting Tin ore mechanically is a worthwhile in view of the large reserve, and return on investment will be  300% ROI

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Looking for investor/JV partner for Tin Mine Project

 

Our target is to produce 20 to 30 metric tons of tin Ore concentrate of 65-75% min in  a month for a start.

 

 

A geological survey of the 2.2km2 has revealed an estimated total reserve of Tin Ore (Cassiterite) of over 40,000 ton within the area.

At the current local price of $12,500 per tonne, the established reserve of 40,000 ton translates to $50 Billion of potential turnover.

 

This potential can be quickly unlocked with an appropriate combination of mechanization and skilled labour. We are seeking US $100,000 of venture capital to be used for purchasing all of the equipment for the mine.

The capital injection of $100,000.00 will  take the business to the next level.

 

We would like to have business cooperation with investors/partner in the forms below:

- Set up of the joint venture

- Inject money and share revenue.

- First option of buying all the products produced.

 

Funding needed to commence operation is $100,000.00   . Funding is to  be controlled by Investor, and we will produce the above quantity within a month. We are willing to pay back the invested amount within six months to one year

 

Operation will commence immediately funding is made available.

 

Detailed revenue generation model available on request

Investment Scale, ROI 300%.

 

We offer the First option of buying all the products to investor.

 

We also wellcome a counter offer suggestions by Investor. We are open to Investors offer.

 

Payback period is a maximum of 6 Months.

If you are interested, please contact us for further details. We would be happy to provide you documents such as our valid and legal exploration permit, exploitation permit, full sampling analysis result, pictures of the location and ores findings, location orientation and other needed documents for your references

 


Price

  • Price Condition : FOB
  • Price : USD1 / 1
  • Delivery Port : Lagos

Packaging & Delivery

  • Packaging Size : 1 x 1 x 1  Meters
  • Package Weight : 1  Metric Tons
  • Delivery Lead Time : 30 Days
  • Minimum Order : 1
  • Supply Ability : 100 Metric ton/Month

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