inquiry to gold sales

We were incorporated in Ghana and initially commenced business as a Small – Scale Gold Mining Venture , after which we acquired a 56.13sq kilometer Large-Scale Mining concession situated at Kibi in the Eastern Region part of Ghana classified as Kibi – Winneba gold belt according to Ghana’s Geological Survey Map, now with branches in other mining sites. In this regard, we are in a position to supply in dust form (ALLUVIAL) concentrate to any prospective overseas buyers in line with the Minerals and Mining Law of Ghana (1986) PNDC – 153 1. PRODUCT – A.U Metal (Alluvial Gold Dust) in raw form, including Gold Bar. 2. QUALITY - Not less than 22+ carat with a minimum purity of 96.7%. 3A. Gold Dust - 300kgs available as at now and can supply 50kgs monthly, 3B. Gold Bar - 250KG 4. METHOD OF TESTING/ASSAYING- Samples are to be picked randomly by buyer or his representative for analysis at any recognized Laboratory in Ghana. After testing consignment will be sealed in the presence of Buyer and Seller and deposited at Excel Logistics (Gh) Ltd or Bank for safe-Keeping, pending processing and completion of relevant shipping documents. 5. PRICE - US41,000 Dollars per Kilo. 6. TERMS OF PAYMENT - 20% to be paid by Buyer to seller in Ghana by SWIFT/TELEGRAPHIC TRANSFER after testing/assaying had proved good. Part of his initial payment is to procure the official export document like Customs & Excise Duty, Export permit obtained from the Ghana geological Survey Department, Ministry of Mines & Energy fee, Minerals Commission’s (Stool/Royalties) Airfreight/Security Handling Charges, with the remaining 85% to be fully paid to Seller’s after consignment had left Ghana to Buyer’s destination. Seller’s representative will, of course, accompany the Merchandise to witness further refinery/ analysis to be carried out abroad. This will also enable the Buyer assist Seller to arrange for more plant, machinery and modern equipment needed for the project expansion. 7. AGREEMENT - A long-terms Agreement is envisaged for execution by both parties at the appropriate time, 8. INVITATION - Due to the sensitive nature of gold transactions world-wide, we deem it advisable that Buyer or his representative comes down personally to see things in their right perspective before and further commitment by both parties could be entered into. 9. CONDITION OF SALE Please take note that our intention to sell our product is based on the face or integrity that whoever buys our product is likely to be our customer. If you are interested to do business or buy gold with our Group of Miners you are welcomed, ***.ph Yours faithfully, D.Mensah (marketing Manager)
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