Property Description.
Two asphaltite and six bentonite mines, Country Argentina, located in a privileged mining area with direct accesses.

The 2 mines of asphaltite ore 424 has, and the six of bentonite ore 252 has where we have the exclusivity for sale, are located in the Province of Neuquén, and have approved environment license. The distance from the mines to the railway is approximately 160 km.

The logistic will be made through Bahia Blanca port, with a distance of approximately 700 km from the mines.

The mines site has geological prospection with estimated reserves of 420,000 ton of asphaltite. The reserves of one mine of bentonite has been certified by geologist in 480,000 ton; the reserves of each of the other six mines are estimated in similar quantity.

Two mines of asphaltite: USD 1,000,000 (One Million of UNITED STATES DOLLARS)
Six mines of bentonite: USD 420,000 (Four hundred and twenty thousands of UNITED STATES DOLLARS)

TERMS OF PAYMENT: 100 Percent Cash (possible credit facilities).

STUDIES AND INFORMATION AVAILABLE: Geologic Studies, Aerial and Topographic Maps, Industrial and Chemical Analysis of the Grounds, Mineralogy Studies of Reserves and all the information for a proper feasibility study.


- Letter of Intention containing:
Identification of the Buyer group with commercial, banking references and evidence of financial qualification, POF (Proof of Funds).
- After the verification of the Letter of Intention of Purchase and proof of funds, we will have a meeting with the final purchaser or solicitor (this duly authorized to represent the purchaser - Letter of Authorization).

- To visit the property, the buyer will be responsible for all the expenditures of the representative of sale, with air transportation, lodging, feeding, daily (to combine) and others.


Posted Dec 16, 2013

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