Small Gold Mine

South Australia, Australia

Short Summary

The Mine is projected to break even within the 4th month of commencement of commercial gold mining. This is the equivalent of 5,972 troy ounces of gold being sold to achieve this outcome. Based on conservative figure of AUD1600 per troy ounce

Highlights

  • 4 workers with over 100 years experience will be operating the mine
  • Industry associations: businesssa (sa), amma (vic), amai (nsw), amec (wa)
  • Processing plant and method enables gold production every day of the year
  • Opportunity to support local businesses in rural sa by utilising services
  • Desire to give back when funds are available to other startups
Please note: Investing in early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. This platform is targeted solely at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. This information has not been approved as a financial promotion, and you must carry out your own due diligence.

Overview

Target
A$1,500,000
Minimum
A$2,500
Investment Raised
A$100,000
Previous Rounds N/A
Stage Breaking Even
Investor Role Any

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