Travis Smith
Reno, NV (USA)
Role(s):
Manager/Supervisor
Western Nevada Mining Development
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Startup
Location:
Reno
Industry:
Other
Year Founded:
2007
Number Employees:
10-50 people
Description:
We are looking for funding to a aquire a gypsum mine and bagging (URL removed) mine and bagging plant are fully permitted and currently in production.
The appraisal on the gypsum mine is $14,000,000 USD, with an excess 50,000,000 tons of proven reserve. The current owner purchased $6,000,000+ USD in heavy equipment.
The mine and bagging plant now has the potencial of making $30,000 USD gross per hour, selling 50 pound sacks. The first contract for 50 pound sacks kicks in the second quarter of 2009 with Home Depot. The company will be well diversified sell bulk for agriculture and 1 ton sacks.
The mine is also located in an impowerment zone. It might be able to get a grant for a 400 fpm wall board plant, for $34,000,000 USD and will net $20,000,000+ USD per year.