Project Partners International S.A.C. - Butcha
Project Partners International S.A.C. owns a number of unexploited mines, including one known as Butcha Mine. They also own an unexploited non-metallic mine quarry containing limestone deposits conservatively estimated to be more than 100,000,000 metric tonnes. Lime is used in the mining industry to re ne and condition metal and non-metal ores such as copper, zinc, nickel, aluminium and of course, gold and silver.
Peru boasts the second highest production of copper and silver in the world and the sixth highest production of gold in the world. There are several Peruvian companies listed on the U.S exchanges and Peru is considered by many to be an established commodity developed economy.
The Butcha mine contains mainly deposits of gold, lead, zinc, copper and silver and is located in the Cajamarca region of Peru. The location of this mine makes it particularly attractive for this offering as the Cajamarca region is known as being a gold rich area. It contains the Yanacocha Corridor, the largest gold deposit in South America. The Butcha Mine is neighbours with three established gold mines, including the Yanacocha gold mine, the largest in South America and the fourth largest in the world.Butcha is located 2km from the town of Chilete and ranges from between 750 – 2800 feet above sea level. Despite the rugged terrain the region is regarded as commercially simple to exploit and has a mining industry already well established.
The mine has no encumbrances and geologists recently completed a detailed review of approximately 80 hectares within Butcha. The gold found in this area is over 1,000,000 ounces. Butcha sits on 1,000 hectares and has 40,000,000 tonnes of proven reserves with a further 155,000,000 tonnes of inferred reserves.
Project Partners International S.A.C. believes that in time, peak production of 10,000 tonnes per day is achievable and sustainable for a 10 year period.
Project Partners International S.A.C. already has the necessary permits for exploration and boring of the mine. Investment is needed to complete further geological and engineering assessments and borings. Ideally, mineral extraction will begin in the second year. Project Partners International S.A.C. estimates that with the anticipated funding the mine will be at full production within three years, producing 10,000 metric tonnes per day and a projected net pro t after tax of US $30,000,000 per annum.
Project Partners International S.A.C. assets are captured by way of an all monies rst charge to to CGrowth Capital Bond Ltd.
$CGRA
