Description

For Sale or Joint Venture Mining company

Studies were conducted by Bureau des Ressources Géologiques et Minières (BRGM), Coopers & Lybrand Consulting in conjunction with Watts, Griffis & MacOuat (WGM) and most recently by Fleming Latin Pacific Peru S.A., a member of the Robert Fleming Group and now part of the Chase Manhattan/JP Morgan investment banking family.

All the technical studies conclude that the predominate and most probably profitable of the three basic types of marble found is a homogeneous, hard, black/dark gray, fine-grained, white-veined marble. But mines contain also gold, silver, copper, zinc, clinker limestone and lead.

 Shareholders focused on Marble studies :

As a matter of information, the black marble resource of the highest quality known as "Nero Peru" is by itself one of the largest ever discovered in the world and contains, on the surface on1y (open pit), reserves of at least 3,**0,**0 cubic meters of commercial blocks (three million three hundred m3) to be quarried and sold for a turnover of more than US $ 3,**0,**0,**0 (three billion US Dollars) providing the mining company with a theoretical gross profit in excess of US $ 2,**0,**0,**0 (two billion three hundred million US Dollars) easily attainable in the years to come considering the constant growth of the marble market. Also, this can be achieved without doing any deep mining in the underground which, according to consulting geologists, encloses even larger quantities of black marble.