Financing -- Loans - The financing of a 54,000 ounce placer reserve historical gold mine
Expert: Marina Lando - 5/23/2006
Question I own the first Canadian Placer Gold Mine and First Canadian Gold Discovery found in 1823.There are over 500 historical drill holes with 54,000 ounces blocked out- last drilled 1985-1987 with full sesmic river profiles.I have an updated geologist's report done in 2001.I have also a full comprehensive mining buisnees plan,and work-flow sheet,and a cash flow projection with the marketing plan for the big gold nuggets and the sand and gravel.The 3 biggest nuggets in Canada came off these property's.I am trying to finace it my-self as I have been working on the project since 1984,to no avail.I have knocked on many mining companies doors,but they all have there own projects or want to wait me out.How do I go about financing this huge project.My website is-http://www.mrakicgold.com I can really use some expert advice,thank-you for your help.
Answer Dear Peter Mrakic:
Your best approach is private investors.
First of all you need to redo your business plan to show projections, historical performance (if any) , property value, etc.
A good business plan writer that knows requirements for private investors can help you with this task. The company that our clients use most is: Convey Ink.
