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MINE for SALE - Iron Ore 
Brazil - Mina Gerais
 
 
 
 
PROPERTY DESCRIPTION
 
 
IRON ORE mine, COUNTRY BRAZIL Mina gerais, located in a privileged mining AREA with direct accesses.
 
The mine of iron ore (1,863.7 haS), where we have the exclusivity for sale, IS locateD in THE STATE OF MINA GERAIS, HAS  approved environment license with a distance from the mining to the patio RAILWAY (RFFSA) of approximately 6 km.
 
The logistic will be made through main Brazilian portS with a distance of approximately 400 KM from the mine. 
 
For all the instance the Logistic is assured existing several alternatives that will be revealed at Meeting point.
 
Exclusive Railroad (to Re-invest ) or Trucks direct to Main cities and from there direct to main Ports already exists.
 
 
 
ORE
 
The mine site has geological prospection and the media of fe is 60.38% with estimated reserves of 105,132,184 t.
 
THE GEOLOGIC STUDY WAS REALIZED THE YEAR 2001 IN AN AREA OF 1,863 HAS.  THE SURVEY INCLUDES, AERIAL MAPS, AUTOCAD DESIGN, GEOLOGICAL MAPPING, TOPOGRAPHIC MAPS, GRANULAR ANALYSIS AND CHEMICAL ANALYSIS.
COMPOSITION SIMILAR AS CRVD.
 
REPORT OF DRILL &  PROJECT LAY-OUT ( Full Economic & Financial Business design)  will be presented only at meeting point due to confidential information to be shared with Buyer group
 
 
Important topic to highlight is that Iron Ore contribute with good physic characteristics, High in Fe % and  Low P %, as mix of Sinter feed for export markets as of Europe, Asia, United States and Latin America.
 
 
THE 60.22% OF PROCESSED MINERAL IS EQUITABLE TO SINTER FEED AS BELOW DRAFT:
 
 
RESERVA
(t)
PESO
(%)
Product
Sinter Feed
QUIMICA (%)
Fe
SIO2
AI203
P
PF
Mn
TIO2
CaO
MgO
105.132.186
60.22
63.310.598
60.38
10.35
1.02
0,049
2.15
0.033
0.167
0.004
0.009
 
 
 
LOCALIZATION:  Mina Gerais - BRAZIL
 
PRICE: USD 19,500,000 (Nineteen Million FIVE HUNDRED Thousand UNITED STATES DOLLARS)
 
TERMS OF PAYMENT:  Cash
 
 
 
PROCEDURES
 
 
- Letter of Intent 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, will be marked, a meeting between the final purchaser or solicitor (this, duly authorized to represent the purchaser - Letter of Authorization).
 
TO INITIATE NEGOTIATION, NECESSARY LETTER OF INTENTION OF PURCHASE, SIGNED WITH Proof of Funds.
 
 
Thanks for your attention and remain attentive for your advances.
 
 
Best Regards,
 

Luis O. Benavente
Director Overseas Operations
INTERNATIONAL TRADING CONSULTANTS
Phones 56 2 4585183 - FAX 56 2 4585183