Claude Shury
Alpharetta, GA (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)
K3 Mining
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Startup
Location:
Alpharetta
Industry:
Manufacturing
Year Founded:
1998
Number Employees:
1-10 people
Description:
HISTORY
K-3 MINING CORP. INCORPORATED IN DECEMBER OF 1998 IN NEW YORK STATE, THE OWNER OF K-3 MINING CORP. HAS OWNED MINE CLAIMS IN GUYANA MINING DISTRICT #3 MAZARUNI FOR 30 YEARS. CLAIMS WERE WORKED PERIODICALLY SINCE 1979. HOWEVER, ACTIVITIES WERE LIMITED DUE TO THE REMOTENESS OF THE CLAIMS. IN 2006 A ROAD WAS CONSTRUCTED THROUGH THE CLAIMS, WHICH MAKES IT MUCH MORE ACCESSIBLE TO TRANSPORT EQUIPMENT TO CLAIMS.
CLAIMS PRODUCE BOTH GOLD AND DIAMOND AT SEVERAL TEST PITS. IN DIFFERENT AREAS OF CLAIMS AND HAS AN ESTIMATED PRODUCTION LIFE OF TEN YEARS.
FINANCE
FOR AN INVESTMENT OF ONE HUNDRED THOUSAND DOLLARS
( $200,000.00) INVESTOR WOULD RECEIVE 25% OF (GROSS) PRODUCTION,
PAYMENT WOULD COMMENCE 60 DAYS FROM THE DATE THAT K-3 MINING RECEIVES FUNDS AND WOULD CONTINUE TO BE PAID EVERY 30 DAYS FOR A PERIOD OF 3 YEARS.
AT THE END OF 3 YEARS – AGREEMENT MUST BE RENEGOTIATED BETWEEN INVESTOR AND K-3 MINING CORP. INVESTOR CAN SELL THEIR SHARE TO ANY ONE OF THEIR CHOICE WITHOUT THE APPROVAL OF K-3 MINING CORP. AT THE END OF 3 YEARS K-3 MINING CORP RESEVES THE RIGHT TO BUY BACK THE 25% FOR A PRICE NOT EXCEEDING THE ORIGINAL INVESTMENT OF $100.000
ALL INVESTMENTS WOULD BE USED TO PURCHASE MINING EQUIPMENT. FUEL LUBRICANTS AND FOR PAYING WORKERS.
LIST OF SOME EQUIPMENT
TWO (2) PERKINS 6 CYLINDERS INDUSTRIAL ENGINES
4 PERKINS 4 CYLINDER ENGINES
2 BERKLEY 8 x 6 HIGH PRESSURE PUMPS
HOSE AND FITTINGS PIPES 4”6”
4. 6” GRAVEL PUMPS SPARE IMPELLERS
4 LAVADOR OR MECHANICAL JIGS FOR RECOVERING DIAMONDS
4 CHAIN SAWS
2 HONDA 450 OR 500 ATVS
SPARE PARTS FOR ALL EQUIPMENT