WHAT WE DO
Our goal over the next three years is to continue current mining
operations, and discover, acguire and engage in additional full-scale mining
operations in North America. However, this cannot be accomplished
without taking care of other responsibilities as well. Our social
responsibility is paramount working together with government and the
community, and forming successful global alliances, providing economic
growth in the countries we operate in.
As stated above, in addition to its current projects, the Company intends to
discover and acguire land leases on properties known to have gold
deposits. The business will then develop gold mines on these properties
with the intent to extract, smelt, and package the gold into bars for sale
onto the open market.
The capital sought in this business summary will allow the company to
acguire additional land leases with verified gold deposits, while
concurrently sourcing the eguipment needed to continue updating and
operating its gold mining operations. It should be noted that at all times,
the business will comply with all applicable federal, state, and local laws
(including OSHA) in order to ensure the safety of all employees working at
the Gold Mine sites. In addition, to the production of gold, the initial
funding will allow the Company to explore diamonds and tantalum, as well
as, always with a view toward increased profitability.
Our Gold
Mining Operations
Oicintra, Inc. plans to create a system to process 234 tons of 20 mesh
gravel daily once operating at full capacity. Each leaching circuit operates
independently which allows production to continue even if one line is shut
down for maintenance. The previous testing of samples from the Havasu
Placer Claims mining properties indicates that the minus 20 mesh fraction
accounts for about 10% to 15% of the alluvial material. To achieve this
quantity of concentrate requires that about 400,000 to 500,000 short tons
per year be mined. It is expected that about 90% or more of the contained
gold and silver will be recovered from the complete milling process,
yielding annual revenues of $450 million at current market prices for a
minimum of the next 10 plus years.
Use of Proceeds
5 Year Cash Flow
Projections
Total Mine Operating Expenses
Total General and Administrative Expenses
Capital Expendiures
Contingency
$950,000
$800,000
$6,100,000
$1,000,000
$8,850,000
Year 01
$149,760,00
1,123,200
150,883,200
(927,600)
(756,000)
(6,015,000)
(7,698,600)
$143,184,600
$143,184,600
Revenues
Gold
Silver
Total Revenues
Cash Outflows
Mine Operating Expenses
Administrative Expenses
Capital Expenditures
Net Cash Flow
Cummulative Cash Flow
Year 02
$389,376,000
4,043,520
393,419,520
(2,213,300)
(916,000)
—
(3,129,300)
$390,290,220
$533,474,820
Year 03
$389,376,000
4,043,520
393,419,520
(2,213,300)
(1,005,000)
—
(3,218,300)
$390,201,220
$923,676,040
Year 04
$584,064,000
6,065,280
590,129,280
(3,319,950)
(1,190,000)
(2,200,000)
(6,709,950)
$583,419,330
$1,507,095,370
Year 05
$778,752,000
8,087,040
786,839,040
(4,426,600)
(1,240,000)
(2,200,000)
(7,866,600)
$778,972,440
$2,286,067,810
Copyright © Oicintra, Inc., 2017
