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Re: BONGO68 post# 20962

Friday, 05/21/2021 2:06:36 PM

Friday, May 21, 2021 2:06:36 PM

Post# of 20999
All Grade Mining, Inc. is a development-stage company focused on the extraction of iron ore and copper from mines located in the Republic of Chile. Currently All Grade Mining owns the Salitrosa Iron Ore Mine. The Salitrosa mine is located 28 kilometers from Chanaral and 60 kilometers from the Caldera port. It comprises of an updated 741 hectares spanning 24 square kilometers with an estimated iron ore reserve of over 40 million metric tons based on magnometric and geological studies done on the property. The Company expects to bring production up to 150,000 Metric Tons monthly. Based on today's market price of $141 per metric ton CFR, the Company expects to see significant cash flow from operations in the near future allowing to expand its operations in Chile.

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