The Ghana Gold Project
Nkosuo Projects, Inc. has initiated the “Ghana Gold Project”, a small scale gold mining project, with licensed gold trader, Yaw Peprah, in Ghana, West Africa. We are currently looking for investors to contribute monetary funding or equipment toward the start-up of this gold mine. Through their funds or equipment, investors are buying themselves into a percentage of all revenue attained from this gold mine, for a course of 5 years (the percentage depends on the amount invested/worth of machinery invested). Total Investment Amount $250K (can invest per item).
Nkosuo Gold Project Operation Requirements:
|
Item |
Cost (~approximate ) |
|
Initial Operating Capital - Travel to Ghana for reconnaissance survey & signing of paperwork - Ground transportation for labor workers - Initial labor costs - Maintenance of equipment |
$25,000~ |
|
Large transportation vehicle for Ghana Representative and licensed Gold trader for onsite transport of equipment and labor workers |
$25,000~ |
|
USA Imager Multi Sensor *machinery to locate the gold in the ground |
$25,200~ |
|
Mini Excavator *machinery to extract gold out of the ground |
$80,000~ |
|
I-Concentrator *machinery to sort out and purify raw gold |
$20,000~ |
|
Precision Balance Industrial Balance GP-20K *machinery to weigh and estimate the value of gold |
$2,500~ |
|
Cost of registration, permits & licenses for the land concession from the Minerals Commission of Ghana |
$55,500~ |
|
Shipping & Assembly of Equipment |
$16,800~ |
|
Total estimate to have complete project running |
$250,000~ |
Viability of the Ghana Gold Project:
- Cost of gold production $200 USD per ounce (Ghana licensed gold trader estimates)
- US gold spot price $821 USD per ounce (as of 12/18/08)
- Estimate profit margin $600 USD per ounce
