Columbia Gold Concentrate

General background of Gold concentrate plant in Colombia

1. Local active Small Scale Underground Mining Activity

2. Local mined out Material processed in small scale Processing plant and gold extracted by physical method

3. Local Tailing

  • Gold remained in Tailing 2-8g/t

  • The remained gold cannot be extracted by the local method; only flotation process can achieve it

  • Tailings being sold in attractive price in the whole region

4. Company Operating Flotation Plant

  • About 85-90% Gold recovered from the remained gold

  • Gold concentrate avg grade 30-55g/t are currently producing; and with better technology and processing, the extraction can be up to 70-80g/t

5. Company Gold Concentrate shipped to China

  • Gold to be sold to Chinese Gold Producer in 87%-92% of the international market price

Project Highlights

1. 3 years + continuous production record

2. Processing plant that allows to produce 1200t/month gold concentrates (currently 35 g/t -50 g/t)

 3. Current production from gold tailing (2-8 g/t Au) from surrounding small-scale gold operation, resulting in 30 - 55 g/t gold concentrates. Producing 80t/month (equivalent to 2.96 X 20’ container) currently @ 35 g/t -50 g/t gold concentrate.

4. Mining license till 2034 extendable

5. Prospective 300k Oz gold resources within the mining license

6. Surrounding resources 2 million Oz according to government information.