The purpose of this business plan is to raise $25,000,000 for the development of two private gold mining businesses while showcasing the expected financials and operations over the next three years. J.R Mining Company Limited is a Sheffield based newly registered company that will excavate gold from leased mines within the United States(Southern Placer Claim in Kern County, Southern California) and Mali (West Africa). The company is founded by John E Roberts.
1.1 Products and Services
As stated above, the Company intends to acquire land leases on properties known to have gold deposits. The business will then develop gold mines on these properties with the intent to extract, smelt, and package the gold into bars for sale onto the open market. The initial capital sought in this business plan will allow the business acquire its first land lease while concurrently sourcing the equipment needed to operate it’s gold mining operations. It should be noted that at all times, the business will comply with all applicable federal, state, and local laws (including OSHA) in order to ensure the safety of all employees working at the Gold Mine site. The third section of the business plan will further describe the gold mining operations conducted by the J.R Mining Company Limited.
1.2 The Financing
At this time, Mr. John E. Roberts is seeking $25,000,000 of private funds for the development of the Company’s gold mining operations. Tentatively, one of the goldmine’s vendors is seeking to sell a 49% interest in the business in exchange for $5.25million dollars, while part of the remaining funds would be used towards purchase of the second (Existing) goldmine based in Mali of West Africa worth $3.23M US Dollars and the final amount would be exclusively used for the drilling of gold deposits and other operational issues for the major US mine.
1.3 Mission Statement
J.R Mining Company’s mission is to cost effectively extract gold