Project Cost: RM 150,000.00
Amount Invested : RM 30,000.00
Amount Required : RM 120,000.00
Knowledge / Experience Required: general management; strategy; internationalisation
Proposed Investor’s Role: part-time; as consultant
Industry: others (Metal and Mining)
Project Stage: early expansion
Started in Jan 2012,having involved extensively doing a river prospecting work using a gold detector and traditional method in river exploring for alluvial and small nugget of gold discovery. The selected site of prospecting work are based from the information provide by Mineral and geoscience data.The exploration has been focus along 8kms of river stream and the point of explorations has been determined by the result produced by gold detector and from the theory guided by pro.
Since my permit of explorations allow me to explore not more than 2msq with depth less than 5 foot.however my finding of gold are really driven me to apply a small scale of river mining using a portable mining machine,with a capacity of 5tons per hour. I have been submitted the applications for small scale mining permit and would be expected to be approved and awarded by mid of October 2012.
At present,i have been identified the supplier and suitable model of portable washing plant and the latest model of gold detector with the capacity of 15m in depth under water sonar signal amd 150m of range distance displayed by the attachable monitor and had been already provided the quotations.The supplier will be confirmed order after 30% of downpayment and will be prepared for shipment after 5 weeks from the date of downpayment had been made.
Since the gold mining explorations using hi-tec equipment are rare or never been practised in malaysia,the finance company seems to find themselves not having a good understanding of how this industry could generated income,however,based on my journal and recorded finding of alluvial gold,my calculatons will be equals to 5tons of processing will produced 3gms of alluvial gold..and 8kms of river with a 6 months of project completions,this industry are really provide an excellent ROI within a very shot period..with a more than 50% net profit margin,without any brain cracking to develop a good marketing theory,or suffer of business loss due to high operating cost.
Nik Mahadzir Nik Mat ( Nikmahadzir@gmail.com)
Postal Address : W2/31 Jalan Meranti,Pasir Mas
State : Kelantan
Post Code : 17000
Country : Malaysia
Telephone : 09-7909390
Fax : 09-7909390