operational project description and plan - almi december 2014

OPERATIONAL PROJECT DESCRIPTION AND PLAN

December 2014

The following discussion for the proposed Mining Operations (In Feldspar; Copper; Gold;

Silver and Tungsten), Ore Processing Operations and Associated Facilities, as well as Frac

Sand Business Development; and Infrastructure as described herein are collectively identified

as the “ALMI” Projects.

Project Description and Investment Support Documentation Page 1

OPERATIONAL PROJECT

DESCRIPTION AND PLAN

ARAMCO LAND AND MINERAL, INC.

December, 2014

“ALMI” Operational Plan

The proposed and current Mining Operations (In Feldspar; Copper; Gold; Silver and Tungsten),

Ore Processing Operations and Associated Facilities, as well as Frac Sand Business Development;

and Infrastructure Plan in Arizona by Aramco Land and Mineral, Inc., (ALMI) in favor of valuable

in ground assets and minerals were previously identified in Private Placement Offerings for the

Rainbow Valley Mining project and the Lex Mining Projects (issued in publications in Feb 2013

and June 2013 respectfully). The following discussion is compiled from notes, publications, and

documents in relation to all operational aspects of the aforementioned. All projects are identified

as the “ALMI” Projects. Aramco Land and Mineral Inc., is the parent company, operating

company and the Project Coordination’s Proponent.

This document is prepared pursuant to the United States Bureau of land Management, and together

with other documents as previously mentioned, collectively is the process of compilation for

submission and review. This document is a general outline prepared in accordance with 36 CFR

228A Administration for mining Plans of Operation Authorized and Administered.

The claimant and operator is ARAMCO LAND AND MINERAL, INC., (ALMI) with a business

address of 2529 East Ivy Street, Mesa, Arizona 85213. Telephone number for the Corporation is

(480) 685-7879. ARAMCO LAND AND MINERAL, INC. (ALMI)’s Federal Tax Identification

Number is 46-1485824.

ALMI in connection with this document and thru related projects within the company is seeking

approximately bridge financing opportunity of $ 15,000,000.00 US Dollars. The funds will

cover construction costs of mill site, mining claim and expansion of corporation, and operational

costs.

INDEX


Page Category

1 Section I: ALMI Operational Plan

3 Section II: Executive Summary

11 Section III: The “Lex Mining” Operation

19 Section IV: The “Rainbow Mine” Operation

29 Section V: Summary Specific to Personnel Operations in

Arizona

30 Section VI: Use of funds

SECTION II. EXECUTIVE SUMMARY


The Company Introduction

ARAMCO LAND AND MINERAL, INC., an Arizona type “S” Corporation, has a main focus

on land and mineral rights acquisition, and development. The Corporation was founded in

November 2012 and has maintained strong personnel in management, with experience in business

development, mining, and international endeavors. In addition, the current leadership has

extensive knowledge and experience in land and mineral rights acquisition and development.

ARAMCO LAND AND MINERAL, INC., has a strong belief that the corporation differentiates

from other entities in Arizona, based on the land and mineral rights that are currently in the

possession of the company, and the lifelong mining history of the President “Emeritus”. The

location of the land and mineral rights are in areas that show a strong and exceptional history for

the past 150 years of mining in the State of Arizona.

ARAMCO LAND AND MINERAL, INC., is presently focusing on four avenues of revenue

streams based upon mining, milling, and utilization of mineral resources.

1) “LEX” Mine: ALMI currently possess rights to the “LEX” mine, formerly known as

the “Bobtail Mine”, and located in the heart of the “Pinal Schist”. In this location, the

Pinal Schist (Charles A. Ferguson, 1996) is considered to hold the strongest concentration

of mineral assets. The Pinal Schist (Hoxie, 2012) is the largest copper basin reserve in

Southeastern Arizona. Appendix “K” of the aforementioned “Lex Mine” PPM dated 15

Jan. 2013, illustrates that the Pinal Schist is in a geological formation similar to what

would appear in a satellite interpretation of the meteorological event referred to as a

hurricane, yet in the geological formation, the feeder bands merge in the center. It is at

this center of the apex that copper is in the largest quantities, and it is at this center, that

the Lex Mine is found. The mining operation is moving forward while an agreement is

under review with Asarco LLC, and their parent company Groupo Mexico, for advanced

development of an Operational Joint Venture (The mine will be developed under

compliance and supervision of Asarco LLC, and Asarco LLC will purchase the copper

ore slurry for processing at the Hayden Facility, In Arizona).

The in ground asset associated with this project is estimated to exceed US Dollars of

$1,000,000,000,000.00 (One Trillion). Copper Reserves are estimated at greater than 138

million tons of ore. Revenue from the sale of copper slurry through monetization of a

“Forward Sales Contract” is expected within 120 to 150 days into ALMI through a

proposed joint agreement with INSCX Exchange of Manchester UK, and Asarco LLC, a

subsidiary of Groupo Mexico. Under the terms of the Operational Joint Venture, Asarco

LLC will provide key leadership and supervision of the mining operation, and purchase

the copper ore slurry from ALMI for agreed upon price of 20% below the market price on

the LME (London Metals Exchange), which is approximately $7280.00 US Dollars per


metric ton. This could easily bring approximately $803,712,000,000.00 US Dollars of

revenue over the lifetime of the project.

Through INSCX Exchange, and under the terms of a 5 month forward sales agreement,

funding would occur on 50,000 tons of ore. The first five months of shipments to the

Hayden facility would be paid in advance to ALMI less the 20% which will be paid to

Asarco LLC and this will provide operational funds for the operations of all projects

within the corporation, and the ability to secure any existing debts. When the ore is

shipped to Hayden, and processed, Asarco LLC would further process the sale to the end

user through INSCX Exchange. The debt on the “Forward Sales contract would be

paid in full from the end user purchasing the final copper product.

On the first 5 months of shipment of 50,000 tons of ore (10,000 ton per month), proceeds

paid to ALMI could be $291,000,000.00 less fees to INSCX Exchange, and any

operational costs to Asarco LLC. Proceeds paid out to Asarco LLC would be

$72,800,000.00. Everyone wins in the proposed Operational Joint Venture

Agreement which has been presented and is pending documentation and final acceptance

by Asarco LLC, and Group Mexico.

2) “Rainbow” Mine: This ALMI Project is a mining site located in Southwestern

Maricopa County, of Central Arizona. The mineral deposit is one focused on

Feldspathic/Silica (detailed is subsequent form) located in approximately a 387 claim

deposit is situated within The Buckeye Pluton. The Buckeye Pluton is generally

considered to be a fine to medium grained peraluminous two-mica granite. The ALMI

deposit is composed of a medium to coarse-grained porphyritic granite. The highly

unique nature of the coarse-grained mineralogy of the ALMI deposit has significant

economic benefits that allow ALMI to pursue an international market in “glass”

production. In addition the mineral resource has great value in nanotechnology with

application in semi-conductor production. Feldspar Reserves are estimated at greater than

600 million tons. On the international market feldspar in the form of White Silica

Feldspathic Sand, sells for approximately $120.00 US Dollars per ton. Revenue from

the sale of White Silica Feldspathic Sand through monetization of a “Forward Sales

Contract” is expected within 90 to 120 days into ALMI through a joint agreement with

INSCX Exchange of Manchester UK, and representative with the Government of

Kazakhstan, and Turkey utilizing the product for the development of glass products.

The key factor is the “exclusive” relationship. The present contract discussion with

INSCX Exchange and the government of Kazakhstan is for a quantity of 30,000 Metric

tons per month for 36 months at $100.00 US Dollars per ton. First draft of the contract

was completed in December 2013 and attached.


3) ‘Frac Sand” project: Frac Sand is used to help extract oil and gas from previously

hard to reach shale deposits. ALMI, in an Exclusive Joint Venture Relationship with

INSCX Exchange (see INSCX Letter dated 17 Jan. 2014: Supply of Proppant Sands

et al [attached], is currently working with an affiliate group of Frac Sand Facilities,

Coating Plants, and Frac Sand Mining companies in North America (Preferred Sands

LLC, and US Silica have presently indicated that a joint venture relationship would be

mutually beneficial), to develop an exclusive international selling platform, through the

contract mediation of INSCX Exchange with other members of the exchange, which

include INEOS, and Halliburton, major end users in Frac Sand. INEOS is the global

number one producer of polyethylene, one of the world's largest manufacturers of

chemicals and oil products, whom now wish to expand into shale gas operations in the

United Kingdom for use as feedstock. Halliburton is presently developing mining

operation along the northern shores of the United Kingdom. The key factor again is the

“exclusive” relationship between the parties. It is believe that the sales activities of Frac

Sand into the United Kingdom could bring profit margins of 10-15% on the different

Frac Sand Products, including the “Dow Chemical” Product, exclusively produced by

Preferred Sand LLC. ALMI is presently in the initial stages of a joint venture

relationship with Preferred Sands LLC, and US Silica as major providers for the

UK and European markets. A 10% margin of profit equates to $20.00 - $22.00 US

Dollars a ton. Presently we are pending closure to a spot order for 250,000 MT of Frac

sand.

4) Process Technology: Through INSCX™ exchange a proprietary process has been

made available for bolt-on to the Copper mining project at the Bobtail/LEX mine. The

licensor through technical innovation, understanding of electrolytic processes and use of

modern materials, has developed the Adaptive Electrolytic Process, described as a high

speed and high selectivity technology of copper electrorefining and electrowinnig.

The Process is a software and hardware system which effectively accelerates the age-old

process of electrolytic production of copper. The result is a dramatic improvement in

production performance and current efficiency, significant lowering in operating cost and

capital investment, while also delivering an unexpected extension of potential uses well

beyond its traditional market place by allowing for copper production directly from bleed

and waste electrolytes.

The status of the process is approved by INSCX™ exchange, (the “Exchange”) which

will accept copper fabricated using the process as deliverable against an Exchange

contract. Process has already been used by a lead EU Copper producer (Global top 10)

which in trials recorded a 40-60% productivity increase.


Aramco Land & Minerals Inc., has been provided the ability as an Exchange member to

secure license of the process via the Exchange as is (on operation of the Bobtail/LEX

mine) and/or as part of any joint-venture the corporation sought to negotiate with a

mainstream Copper producer.

Features

• Adaptive Electrolytic Process can be implemented in the existing copper refineries

without essential changes in the tank houses’ infrastructure – only customized power

supplies and its dedicated software and related detectors should be implemented.

• Up to 50% higher cathode current densities can be used to obtain commercially pure

copper. Typical current efficiencies are above 97%.

• Traditional stainless steel cathodes or copper starter sheets can be used.

• Cathode copper is received in broad spectrum of copper content in electrolyte from

50g/liter down to 1g/liter

• Cathode copper is received with the exceptional commercial purity higher than

>99,995%.

• No co-deposition of Arsenic neither evolution of dangerous AsH3 gas.

• Limits evolution of dendrites, keeps the cathodes surface smoother.

• Higher tolerance of contaminants in solution does not use reagents or chemicals.

• Reduced applicability of reagents or chemicals.

Rationale

Selected consequences to the economic viability of the Process ARE CITED BY THE

LICENSOR AS FOLLOWS:

• Reduced capital cost of copper production and recovery process.

• Licensing based on nominal up-front fee and ongoing royalty based on throughput

collected on trade through the Exchange.

• Reduced operating cost and a simplified flow sheet.

• Accelerated return on capital.

• Improved product purity and possibility to price underlying material at a premium to

LME Grade A price.

• Higher productivity than conventional methods.

• Higher % of the highest grade cathodes within population of all produced cathodes.

Profit Margins


• With the placement of the bolt on technology at another facility other than the facility at

ALMI, ALMI would be a recipient of .25% royalty based upon the production amount

thru the tank and smelter at the facility.

• To illustrate the potential of income from this licensed technology, if the technology

were bolted on in the Hayden facility of Asarco, then ALMI would receive .25% of the

gross from the revenue of the copper developed at the Hayden facility, as a share of the

royalty for the licensed process. Hayden presently process at 70% capacity. The

capacity of the facility is 27,400 tons a day (Hayden Operations, 2014). Revenue based

upon pricing for copper from the LME would be approximately $500,000 US Dollars per

day.

The process has received favorable interest from Asarco, LLC, for bolt on at the Hayden

facility, and used with copper slurry not only from ALMI’s Lex Mine, but from other

mining ventures that Asarco processes the ore from. If that happens, bolting the process

on in the Hayden facility, ALMI will receive the .25% royalty per agreement with

INSCX.

Principal Offices

Our principal offices are located in Mesa, Arizona. We were incorporated in Arizona November

27th 2012. The success of the Corporation will continue to depend on its ability to identify mining

opportunities, and property that would be conducive to mining operations, and structuring

operational joint venture agreements that are mutually beneficial to all parties involved. The

relationship with INSCX Exchange and its affiliates is an invaluable asset as the corporation moves

forward. In addition, as the Corporation introduces new opportunities, it will need to hire addition

personnel, thus affording job growth to the communities that surround the endeavors of the

corporation.

Management Plan

ARAMCO LAND AND MINERAL, INC., (ALMI) with the guidance and assistance of others,

is seeking to hire personnel who will have a substantial amount of experience in the steel industry,

mineralogy and mill operations. This experience is considered essential to allow full

implementation of the company’s resources. Other required personnel will be hired as the needs

dictate. The founding principles are expected to remain guiding policy and direction which will

include participation on the board and, as appropriate, in operational positions. Brief summaries

of the experience of the principles appear below.

Except as noted, and as required to provide needed experience, the company intends to hire its

personnel in the local market and to provide necessary training to those employed. Full scale


operation of all initial facilities could require as many as 300 personnel. These will require and

produce a variety of skills and are expected to be reasonable well paying positions within the

community. We intend to pursue State and Federal Funding, for training assistance and to facilitate

a continuous training program. In addition, we intend to continue our pursuit of the deployment

of strategic partners, who will provide invaluable supervision on the operation efforts of our

mining facilities, and in marketing (i.e. Pending agreement with Asarco LLC; Current agreement

with INSCX Exchange respectfully)

It is the desire that ARAMCO LAND AND MINERAL, INC., (ALMI) will go public within a

6 month time frame, with the strong development of the properties currently in possession, and

those on the list for acquisition and joint ventures.

Principles:

Mr. Daniel R. Pero

President and Chief Executive Officer, ARAMCO Land and Mineral, Inc., 52, one of the

founders of the company with direct responsibility for strategic planning, finance, and staffing,

and corporate development, and legal development of national and international ventures. Mr.

Pero is retired Military, serving in both the United States Marine Corps, (just short of fourteen

years) and the United State Army (a little over ten years). Mr. Pero is a combat disabled veteran

based upon service in Beirut in 1983, and the Gulf War. His background also includes serving a

couple years as a Hydro Meteorologist, for NOAA-National Weather Service. Mr. Pero worked

as a Secondary Education School Teacher in Business Management and Information Technology,

and an Assistant Principal for a Public Charter High School. Mr. Pero attended Juniata College;

and Rio Salado College. In addition, Mr. Pero has a BS in Business Management, and a BS in

Legal Studies graduating from Kaplan University. Mr. Pero has earned his Jurist Doctorate from

Concord School of Law, Kaplan University. Mr. Pero has a strong background in finance, owning

and operating a Mortgage Brokerage firm in Mesa, Arizona.

Additional Board Members:

Jim Taylor Yost

Vice-President, Aramco Land and Mineral Inc., 42, is responsible for the mill site, and all

construction and product output of the mining operation. Mr. Yost has 24 years extensive

experience in the heavy equipment, concrete and construction industries. Mr. Yost has been

responsible for residential building site preparation involving but not limited to heavy equipment

preparation for footings, foundations, walks and drives. He has further extensive experience in all

phases of concrete production and utilization. Mr. Yost has served in multiple roles as site


foreman, Job superintendent over residential track development and commercial building

construction. Mr. Yost has significant experience in managing construction teams, subcontractors

and in general site management. Mr. Yost is directly responsible for the Rainbow Mine Project in

Buckeye Arizona.

Dr. Brian Christopherson

Treasurer, Aramco Land and Mineral Inc., 43, Dr. Christopherson is responsible for strategic

planning, finance and public relations interface with subsidiary companies. Dr. Christopherson’s

educational background began in 1987 attended Ricks College with a major in business

management. After completing his education at the University of the Pacific School of Dentistry,

Dr. Christopherson completed a general practice residency while serving in the United States Air

Force at Offutt AFB Nebraska. Following residency, Dr. Christopherson opened a successful

general dental practice in Durango Colorado. Advancing his skills, he completed training in

Endodontics, and then he established his current private practice in Mesa, AZ. Dr. Christopherson

has a strong background in personal relations and business development. Dr. Christopherson has

been involved in startup companies, involving international trade and development, specific to the

textile, and agricultural fields. He has extensive knowledge and relationships in Albania, a focus

point of previous endeavors.

**Special Note**

The Corporation co-founder, MR. Floyd Bleak, passed in Feb. of 2014. In memory of Mr. Bleak,

here is a tribute to his accomplishments:

Mr. Floyd R. Bleak

President “Emeritus”, ARAMCO Land and Mineral, Inc., 81, one of the founders of the

Company, and provides a wealth of knowledge to the current mining assets held by the company.

Most recently, Mr. Bleak was instrumental in the formation and development of Black Mountain

Corp; Southwest Exploration Inc.; and North American Environmental corp.; where he served in

various positions, from Director, through President. These companies grew the mining industry

in Arizona, specific to gold exploration, and potash. From 1990 to 1992, Mr. Bleak served as

Treasurer of Sun Walker Development Corp., a publicly-held mining company. Mr. Bleak was

vice President of Mariah International from 1987 to 1988 where he developed mining properties.

From 1983 to 1986, Mr. Bleak was president of Jassmr Corp., where he managed and developed

a deposit of lightweight rock used in lightweight concrete, Jassmr was acquired by Arizona Tufflite

Corp.

Section III. The “Lex Mining” Operation


The property is located in the Globe-Miami Mining District of Arizona and is reached by

automobile from Globe, the distance being 16 miles. The Globe-Miami District is one of the

largest copper producing districts of Arizona, having the Magma, Ray, Inspiration and Miami

Mines. The property consists of 17 lode mining claims, or approximately 400 acres.

F.L. Ransome of U.S. Geological Survey refers to the Mariana Mines in Globe Folio #111. “As

examples of lode deposits may be cited the Summit, Cole, Goodwin and Mariana lodes, carrying

sulphide ores in Pinal Schist”.

In the Mariana Mine, chalcopyrite (copper), spharlerite (zinc), galena (lead), pyrite (iron) and

huebnerite (tungsten) occur together in a quartz gangue {within the gangue can be found mica and

feldspar, which can be extracted and sold separately}; none of the minerals show a later or earlier

origin than the others. The property was opened by sinking a shaft to a depth of 215 feet and past

records show that much direct smelting ore was mined from the 100 foot level and shipped to El

Paso to be smelted.

The geology is simple. The country rock which encases the veins is the Pinal Schist. Three veins

of commercial thickness and value are shown on the surface and are partially developed at depth.

The main vein is from 3 feet to 10 feet wide and has a lateral extension of 3,000 feet. The main

shaft on the Bobtail Vein was reopened and encountered the top of old workings at 60 feet. The

shaft at all points was in the vein which varied from 3 to 4 feet in thickness.

Two test carloads were mined and shipped in the early 70’s to the International Smelter at Miami

and the Smelter returns follow:

SMELTER LOT 2799- SMELTER LOT 2413-

Gold 00.165 oz. Gold .275 oz.

Silver 13.30 oz. Silver 29.1 oz.

Copper 31.51% Copper 5.29%

Gross Value in 1970 was estimated at $43.44 per ton on Lot 2799.

Gross Value in 1970 was estimated at $61.89 per ton on Lot 2413.

The Bobtail vein is of simple fissure type and shows a persistent thickness from the surface

to the bottom of present shaft at 215 feet. Mineral Reserves are estimated at approximately

140,000,000 tons based upon previous mine development, and core drilling. The thickness of the

fissure averages 4.4 feet to this depth. The lateral extension of the vein (1,500 to 3,000 feet) offers

ample room for lateral development, with the possibility of blocking out large tonnages of

commercial ore that justify a major mining operation. Veins #2 and #3 contain tungsten and zinc


and a small flotation mill that will prep the material for further processing, would concentrate these

metals in addition to gold, silver and copper.

The average of 20 reported smelter shipments is as follows:

GOLD .44 oz. per ton

SILVER 25.6 oz. per ton

COPPER 7.51%

Equals a gross value of @ $7,210 per ton, based on today’s metal prices (Dec. 2013).

The project was obtained by quitclaim from Nancy Shepard, and Mr. Floyd Bleak, and the “below

ground” assets are obtainable through either an expansion of the current mine shaft operation, or

through open pit. ALMI projects is considering the operation of an open pit mine, similar to the

surrounding projects currently maintained by Freeport McMoRan, and Resolution Copper, and

Asarco LLC.

Freeport McMoRan currently operates the project in Miami Arizona, a pit operation with refinery

consisting of a smelter. This operation by Freeport McMoRan, is the nearest operation to the “Lex

Mine”, and Freeport McMoRan provides details of the Miami Operation as follows:

Reference: http://www.fcx.com/operations/USA_Miami.htm

Description: Miami includes an open-pit copper mine, a smelter and a rod mill.

Location: 90 miles east of Phoenix, in the heart of Arizona’s historic Globe-Miami mining

district.

Did you know? The Miami mine historically had been the major copper producer in the Globe-

Miami mining area, one of America’s premier copper mining districts.

Ores: The Miami mine is a porphyry copper deposit that has leachable oxide and secondary sulfide

mineralization. The predominant oxide copper minerals are chrysocolla, copper-bearing clays,

malachite and azurite. Chalcocite and covellite are the most important secondary copper sulfide

minerals.

Processes and facilities: Since about 1915, the Miami mining operation had processed copper

ore using both flotation and leaching technologies. Current operations include leaching by the

solution extraction/electrowinning (SX/EW) process. The design capacity of Miami’s SX/EW

plant is 200 million pounds of copper per year.

http://www.fcx.com/operations/USA_Miami.htm


Background: The first prospecting expeditions visited the area in the 1860s. Copper was mined

underground until after World War II, when the first open-pit mining began. Miami was among

the first to employ “vat leaching” (1926) and precipitation plants to recover oxide minerals. It did

this in conjunction with its flotation concentrator, which processed sulfide minerals. The plant’s

smelter was modernized in 1974 to meet Clean Air Act standards and further modernized and

expanded in 1992. The success of an SX/EW plant commissioned in 1979 led to the demise of

vat leaching by the mid-1980s and ultimately the concentrator in 1986. The rod mill was

commissioned in 1966 and the refinery in 1993 (the refinery was permanently closed in 2005).

Smelter

Type: IsaSmelt™ technology (primary furnace) and ELKEM electric furnace (secondary); four

Hoboken style converters, two oxygen plants; and an acid plant treating all process gases.

Did you know? The Miami smelter processes copper concentrate primarily from FCX’s Arizona

copper mines. In addition, because sulphuric acid is a by-product of smelting concentrates, the

Miami smelter is also the most significant source of sulphuric acid for FCX’s North America

leaching operations. Miami is the only smelter in the United States to achieve International

Organization for Standardization (ISO) 9001:2000 certification. In addition to copper

concentrates, the smelter also recycles inorganic metal-bearing waste typically produced by high

technology industries, extending the useful life of valuable metals and reducing disposal of

metal-bearing waste in landfills. Copper and other precious metals are extracted during this

process.

Rod Mill

Product: Continuous-cast copper rod.

Did you know? Completed in 1969 and the first of its kind to be located at a mine site. The plant

uses the Southwire design casting system with Morgan mills to produce 7,500-pound and

15,000-pound copper rod coils.

Production: The Miami rod mill treats cathodes from the Miami mine.

*********************

The ALMI Project for the Lex Mine will begin with the opening of the mine with the expansion

to an open pit mine. The expansion will center to the development of an onsite construction of

Smelter and Rod Mill. In the development stage, ALMI will work closely with Asarco LLC,

providing mineral slurry to the Hayden Smelter and Rod Mill. The slurry will be a mineral and

chemical mixture that will transport easily the 50 miles of forest roads to the facility in Miami,


Globe, and west to Superior, and to the Hayden Facility. Under the combined supervision of ALMI

and Asarco LLC, the slurry will be processed in to copper, and sold to benefit both parties.

Upon completion of the Smelter on site at the Lex Mine facility, the process of production will

emulate the standard process for extracting the copper ore from the crushed rock.

Step 1: Drilling and Blasting

Large drilling rigs bore a carefully designed pattern of holes approximately 12 inches in diameter

and 60 feet deep into the rock. The holes are filled with an explosive compound of fuel oil and

ammonium nitrate. Upon detonation, thousands of tons of ore are fragmented in a single blast.

Step 2: Loading and Hauling

Large electric-powered shovels are capable of scooping up to 100 tons of ore in a single pass.

Mammoth haul trucks are capable of carrying more than 300 tons of material per load. Computers

and global positioning satellite systems assist dispatchers in directing full loads to leach stockpiles

or crushing plants, and in directing empty trucks back to available shovels.

Step 2A.1 Leaching

Smelting uses heat (in a process called pyrometalurgy), leaching uses fluids, called

hydrometallurgy. In leaching, commonly referred to as solution extraction and electrowinning

(SX/EW) copper is removed from rock using weak sulfuric acid solutions. (This process makes

use of sulfuric acid produced as a byproduct of smelting.) In a first step: low-grade ore from the

mine is either stockpiled for treatment or is crushed before stockpiling. The ore is placed in these

large stockpiles or "pads" in 15- to 30-foot-high levels or "lifts." As each level is built, a network

of plastic tubing and drip systems or sprinklers is spread over the top of the pad to deliver

"raffinate" to the stockpile. A slightly acidic solution, raffinate percolates through the stockpile,

dissolving copper minerals contained in the rock surface. This copper-laden water, called pregnant

leach solution, exits the bottom of the stockpile and flows into collection ponds. From there it is

pumped to tanks at a solution extraction plant on the site.

Step 2A.2 Solution Extraction

The pregnant leach solution is mixed with a diluent similar to kerosene that contains an organic

compound specifically designed to extract the copper. After the solutions have been combined for

about two minutes, the mixture is allowed to settle. The pregnant leach solution, which gives up

its copper to the organic compound, is the heavier of the two solutions and settles to the bottom of

the tank, becoming raffinate again, where it is pumped back to the top of the stockpile to begin the


cycle all over. The diluent containing the copper-laden organic, now known as "loaded organic,"

floats to the top of the tank and is pumped to the next section of the solution extraction plant.

Step 2A.3 Electrowinning

In this final step, the rich electrolyte is pumped through a series of tanks or "cells" in the

electrowinning tankhouse. Hanging in the tanks are insoluble lead plates, alternating with sheets

of thin copper or stainless steel. Each lead plate serves as the anode pole of an electric circuit. The

thin copper sheets, called starter sheets, or the stainless steel sheets, called blanks, serve as the

cathode pole. A direct current passes from the anode through the electrolyte to the starter sheet or

blank, causing the copper ions in the electrolyte solution to plate (attach) onto the starter sheet or

blank. After six to seven days in the tankhouse, 100- to 300-pound copper cathodes that are 99.999

percent pure and ready for market are harvested. The electrolyte that has passed through the

tankhouse, now depleted of its copper, is returned as "lean electrolyte" to the stripping step of the

process to begin that cycle again.

Step 3: Crushing and Conveying

Some loads of ore go directly to leach stockpiles; others are directed to primary crushers where

the ore is crushed into small enough sizes to be placed on a conveyor belt. At this point the ore can

be sent directly to leach stockpiles or it can be directed to concentrator facilities for further crushing

and grinding.

Step 4: Concentrating.

Using large grinding mills, ore is further crushed and ground to the consistency of beach sand.

Because nature creates copper in low densities (typically less than 1 percent grade), copper levels

must be increased or "concentrated" to be recovered economically. This is accomplished by the

next step, called flotation. Finely ground ore is mixed with water and reagents creating slurry.

When agitated and injected with air, froth is created in the slurry and the copper is liberated or

"floated" away from the host rock. The product of this process is dry, gray powder called copper

concentrate, which contains about 30 percent copper.

Step 5: Smelting

As a next step, copper-containing minerals in the concentrate are further separated from other

elements (chiefly, naturally occurring iron and sulfur) using extreme heat. The molten copper is

cast into anodes weighing 800 to 900 pounds each. These average about 99.6 percent purity.

Step 6: Refining


Anodes created in the smelting process are purified by electrolytic refining. The anodes hang

vertically in cells in an electrolyte bath of copper sulfate and sulfuric acid. Thin starter sheets of

pure copper are placed between the anodes and act as cathodes. Both the anode and cathode are in

contact with a supply of direct, high-amperage electric power at low voltage that passes through

the cells with the electrolyte acting as a conductor, much like a car battery. As copper in the anode

is oxidized, it dissolves into the electrolyte solution and then plates onto the cathode. In this

process, the impurities are removed, leaving a high-quality copper product (99.999 percent pure)

ready for market.

Aramco Land and Mineral, Inc., through a relationship with INSCX, does intend to license and

deploy the electrolytic process as described in the license agreement that will increase copper

production to greater than 99.995% capacity. It is further identified in documentation from

INSCX, and summarized below:

The licensor through technical innovation, understanding of electrolytic processes and use of

modern materials, has developed the Adaptive Electrolytic Process, described as a high speed and

high selectivity technology of copper electrorefining and electrowinning.

The Process is a software and hardware system which effectively accelerates the age-old process

of electrolytic production of copper. The result is a dramatic improvement in production

performance and current efficiency, significant lowering in operating cost and capital investment,

while also delivering an unexpected extension of potential uses well beyond its traditional market

place by allowing for copper production directly from bleed and waste electrolytes.

This “cloud” patent pending method of electrolytic copper production can be implemented in

existing copper refineries without essential changes in the tank house infrastructure apart from the

customized power supplies and its dedicated software which should fulfill certain specific

requirements. There are cited advantages to the Adaptive Electrolytic Process in comparison to the

traditional approaches in electrorefining and electrowining, namely up to 50% times higher

cathode current densities can be used to obtain commercially pure copper deposit with very high

current efficiencies above 97% which can contribute to the factory foot print reduction and/or

significant copper production scale-up.

By allowing selected changes in the tank house infrastructure related with tank’s construction and

electrical circuit design, further improvement in cathode current densities are possible, namely up

to 400%. Other positive aspects of the technology result from the fact that traditional stainless steel

cathodes or copper starter sheets can be used, the cathode copper is received in broad spectrum of

copper content in electrolyte from 50g/litre down to 1mg/litre with the commercial purity higher

than >99,995%.


The process allows for increase of % of highest grade cathodes within the whole population of

produced cathodes.

The process does limit evolution of dendrites, keeps the cathode surface smoother and all that

without co-deposition of impurities, like Arsenic neither evolution of dangerous AsH3 gas. The

significant operating and capital cost benefits of the technology have altered the economies of

scale for metal project development; creating viability where it may not have previously existed,

both for pyrometallurgical and hydrometallurgical plants.

Step 7: To Market

Some cathodes both from the electrowinning and refining processes are shipped to company

facilities to be used in making copper rod, the primary feedstock for the wire and cable industry.

Some cathodes are shipped directly to customers for other manufacturing purposes

Specific Summary of the Mining Operation for the Lex Mine

The specific calendar of events illustrates the Lex Mine will operate as an open pit, and produce

copper slurry within fifteen to eighteen months of funding, through forward sales. This copper

slurry will be processed at the Smelter in Hayden, Arizona from month eighteen through month

thirty six when a Smelter can be constructed and will open for operation on Site adjacent to the

Lex mine. The profit margin from the production of the slurry will be shared jointly with Asarco

LLC during the thirty six months of smelting at the Hayden Smelter. Operation of a smelter

adjacent to the Lex mine will reduce costs in transportation, and allow 100% of the profits to be

retained by ALMI, and affiliates under the ALMI Project. Ultimately, the AMLI Project, within

three years of the opening of the mine, will function as a stand-alone operation. The addition of a

Smelter at the “Lex Mine” will benefit both ALMI and Asarco LLC as the relationship grows and

develops. It is the foreseeable goal to produce in the first year, 120,000 tons of copper ore, and

increase output by 120,000 tons in the second year, to 240,000 tons. In the third year, opening of

the smelter will show a production rate similar to the second year of 240,000 tons, yet in the fourth

and remaining years of operation, ALMI Projects plans on the production of 500,000 tons of

copper annually.

At current prices, based upon the LME (London Minerals Exchange) 120,000 tons annually would

produce approximately $873,600,000 in revenue annually less costs of the operation. This does

not take into consideration the valuation of the other fine minerals, (Gold, Silver, Tungsten and

Zinc) which will be removed in the production process for the copper.

Summary of appendix for the “Lex Mine” Operation available for review:

Appendix


A Quitclaim Deed for LEX Mining Claims 4 Nov. 2009

B Geographical Site Map of LEX Claims #1

C Geographical Site Map of LEX Claims #2

D Bobtail Mining Claims Sketch

E Bobtail Mining Claim History Report Nov. 15, 1929

F Bobtail Mining (Defense Records) March 1953

G Bobtail Mining (Defense Records) 1962

H Bobtail Mining Record June 1981

I AIMCO Proposed $30 M IPO dated Sept. 28, 1994

J Doak Springs Mining Notes May 15, 1942

K Excerpt from Arizona Department of Mines and Mineral Resources

Trends and Opportunities Open File Report 05-22, March 2005

Section IV. The “Rainbow Mine” Operation

The Project is located in Rainbow Valley, about 8 miles south of Buckeye, Arizona. The first

mining pit is situated within 76 federal lode mining claims located in Sections 2, 3, 9, 10,11, and

12 T2S, R3W. The plant is situated within four federal mill sites in Sections 20 and 29, T2S, R3W,

all in Maricopa County, Arizona. The claim group consists of Rainbow Mineral Claim 1-76 (AMC

#362828-362846, 362917-362922 and 363573-363623) and Rainbow Mill sites AMC 363078-

363081.

Access to the Project is via State Route 85 to Komatke Road (13.8 miles south of I-10, just north

of the Southwest Regional Landfill) shown in Photo 1, east along Komatke Road (El Paso Natural

Gas Co. right of way) about 2.5 miles, then northeast on an existing road about 0.8 mile to the

plant site. An alternate route to the site is via Riggs Road (a Maricopa County road) to Komatke

Road, then west-northwest 1.2 miles to the road alongside the Arizona Public Service (APS) power

line, then northwest 1.6 miles to the plant site.


The claims were in 2001 by Mr. Floyd Bleak, and transferred in 2004 to Wesco Minerals, LLC,

on the Buckeye Pluton, a large igneous intrusive containing granitic pegmatite. Aramco Land and

Mineral, Inc., acquired the mining claims under an acquisition agreement with Wesco Minerals,

LLC, and Greystone Materials, BT (Parent Company to Wesco Minerals, LLC).

Samples from outcrops were submitted to Miles Industrial Mineral Research by Wesco Minerals,

Inc., in Denver for evaluation. Mineral reserves are estimated at 600,000,000 tons in the

designated mine sites of the Rainbow Projects, based upon core samples and metallurgical testing.

Samples from the outcrops were also sent to North Carolina State University Mineral Research

laboratory for metallurgical testing.

In November, 2004, a series of metallurgical tests was completed by Resource Development

Incorporated of Lakewood, Colorado.

In July, 2013, a series of metallurgical tests were completed by MAG, Research and Development,

Tucson Arizona. All tests mirror the results of MAG Research and Development as follows:

Mineral Name Chemical Formula Approximate Weight %

Quartz SiO2 25

Plagioclase feldspar (Na,Ca)Al(Si,Al)3O8 41

K-Feldspar KAlSi3O8 34

Unidentified ? <1

Mineral Sample #1 Wt % Sample #2 Wt %

Na2O 3.99 4.02

MgO <0.05 <0.05

Al2O3 15.4 15.4

SiO2 73.1 73.0

P2O5 <0.05 <0.05

S <0.05 <0.05

Cl <0.02 <0.02

K2O 5.85 5.84

CaO 1.56 1.56

TiO2 0.02 0.02

MnO2 <0.01 <0.01

Fe2O3 0.19 0.19

BaO 0.19 0.19


Planned Operations. The project includes an open pit mine and mineral recovery plant designed

to produce feldspathic sand products and biotite mica from the pegmatite deposit present on the

claims. The current mine was located using the best results from the research, and Wesco Mineral,

Inc., proceeded forward to a depth of 45 feet, when operations stopped in 2009.

There are four sites for mining that can produce minerals that will yield high quality feldspar, and

they have been identified in the research. The goal would be to advance from one mine site to the

next, developing the initial stages of each mine within a four to five year period. This process

would bring great quantities of the best quality of feldspar by the fifth year of operation.

Development Schedule. ALMI plans to break ground on further development of the current mine

site by the second quarter of 2014, and additional mining sites annually over the next four years.

The necessary permit for the initial mining site has been preserved from the Wesco Minerals, Inc.,

operation, and transferred to ALMI. Construction and other preparations should be complete

within five months, of funding.

Ore Reserves. As stated in the SME Mining Engineering Handbook, Vol. 1, 2nd Edition (1992),

“Ore reserve estimates are assessments of the quantity and tenor of a mineral that may be profitably

and legally extracted from a mineral deposit through mining and/or mineral beneficiation.

Estimation of ore reserves involves not only the evaluation of tonnage and grade of a deposit but

also consideration of the technical and legal aspects of mining the deposit, of beneficiation the ores

and of selling the product.”

The following paragraphs address the relevant parameters as they relate to the Project.

Tonnage and Grade. Ore reserves within the pit are estimated at 13.5 million tons to a depth of

200 feet. Ore estimates for the entire project exceed 600,000,000 tons. The pegmatite deposit is

known to extend to at least this depth based on two drill holes (DH 1 and 4) drilled in the NW ¼

of Section 10 within the perimeter of the planned pit. The logs and analyses for holes 1 and 4

(confidential) are included in Appendix D, along with analysis of 24 surface samples (confidential)

taken within and immediately adjacent to the proposed pit. Surface and drill holes samples are

very similar in mineralogy and analyses, indicating that the quality of the ore is uniform throughout

the area of the pit.

Ore reserves were calculated by averaging the top and bottom areas of the pit and multiplying by

the average distance between these two areas. A tonnage factor of 2.2 tons per bank cubic yard

was used, as given in the Practical Handbook of Physical Properties of Rocks and Minerals

(Carmichael, 1989) to convert volume to tons.

Information on the geology of the deposit is available for review. The ore is a pegmatitic granite

porphyry that contains 25-30% microcline feldspar, KAlSi3O8, 25-30% plagioclase feldspar (low

albite), NaAlSi3O8, 25-30% quartz, SiO2, and 10-15% biotite, K(Mg, Fe)3AlSi3O10(OH)2. The


biotite is usually associated with magnetite and trace minerals of garnet and epidote. No sulfides

were recognized.

These reserves within the pit one are sufficient for 67 years at the proposed mining rate of 350,000

tons per year.

Proposed Operation. ALMI plans to mine pegmatite ore that outcrops on the claims and process

it to produce feldspathic sand and biotite mica products. Essentially all of the ore mined will be

used to produce saleable products with little waste.

The mine will operate on the mining contractor’s schedule, but will likely be 14 hours per day,

five days per week for about twelve months per year. The plant will initially operate ten hours per

day, four days per week year around, increasing to 20 hours per day five days (with 4 hours of

down time for scheduled maintenance and cleaning) per week after the first year.

Proposed Development Schedule. ALMI plans to break ground in the second quarter of 2014 or

sooner, provided construction of the mill is in place. Initial production is planned at 50,000 tons

per month for the first three months, then a gradual increase to 100,000 tons on a monthly basis.

ALMI may submit an amendment to increase production at a future date.

Construction. Construction will require clearing and leveling of approximately 12 acres at the

plant site, construction of concrete foundations for recovery equipment at the plant, pouring of a

slab and erection of the 26,400 sq. ft. plant building, reopening, and if necessary drilling a water

well, excavating and lining the process water settling pond, installation of equipment, power, gas

and water distribution systems, access road improvement and fencing of the plant site. All

facilities at the pit will be temporary and will not require construction except for clearing and

leveling within the boundaries of the pit, soil stockpile and waste rock dump site. Construction is

estimated to require five months.

Mining and In-Pit Crushing. ALMI will employ a contractor for blasting operations in the mine,

and if necessary, to crush and stockpile the ore. The contractor will produce 500,000 tons per year

of -3” crushed ore during a mining campaign. ALMI will provide overall direction of the

contractor’s operation.

Open Pit Design. The pit design is available. The pit will be rectangular, approximately 1500’x

1200’ x 500’ deep, and will grow to 1 mile in size, and 1,000’ deep and will be mined in

consecutive 20’ benches. Final side walls will be mined to a 1.5:1 slope. . Haul roads will be 35’

wide as shown in the pit cross section, Figure 8, with a maximum grade of 10%. Four-foot high

berms will be provided on the outside edge of the haul road as required by MSHA and ASMI

regulations. Benches will be 20’ high by 15’ wide with approximately 0.75:1 intermediate bench

face slopes as shown in Figure 9.


Mining will begin at the southwest end and proceed to the northeast end, removing ore in 20’ lifts.

The haul road will be located along the pit walls.

Mining Parameters. The mining contractor will assist in the mining of 500,000 tons and crush it

to -3” size in a mining campaign approximately two months long. The contractor will work to his

own schedule, but nominally 12 hours per day, five days per week, with maintenance on the off

shift.

Mining, Pit Crushing and Hauling Equipment. An equipment list is given in the table below.

Typical equipment adequate for the job is given although the actual mining equipment selected

may differ.

Equipment No. Make/model/specifications

Mining Equipment (contractor)

Dozer 2 Cat D8

Air track drill 2 Svedala model 402, 4.5” bit capacity

Powder truck 2 ¾ ton pick-up

Water truck 2 5000 gallon

Front end loader 2 Cat 966

Haul truck 4 Cat 777

Fuel/maintenance truck 2 Mack 5 ton

Blasting/crew truck 2 Ford F-250

Pit cusher 2 30x42 jaw

Stacking conveyor 2 36”x 120’, slewable conveyor

Generator 3 Cat 300 kW

Diesel fuel tank 2 5,000 gallon, above-ground, dual wall

Explosives magazine 1 BATF approved

Hauling Equipment (ALMI)

Loader 2 Cat 966


Ore haul truck 2 40 ton

Grader 1 Cat 14

Water truck 2 5000 gallon

Plant Operating Parameters. The plant is designed to process at a minimum, approximately

200,000 tons per year of -3” ore produced by the mining contractor. The plant capacity is

nominally 83 tons per hour. The initial production target is 50 tons per hour. During the first year,

the plant will operate one 10 hour shift per day, four days per week to produce 100,000 tons of the

several products. After the first year, the plant will operate three eight-hour shifts per day, five

days per week to produce 300,000 tons of products.

Stockpiling and Drying. The haul trucks will dump the -3” crushed ore into a hopper at the plant.

A 4’x16’ feeder will discharge onto a 30”x 150’ stacking conveyor which feeds a 5000 ton live

capacity stockpile. Material is withdrawn from the stockpile by a vibratory feeder and conveyed

to a natural gas-fired 6’x50’ rotary dryer, where the moisture is reduced to < 0.5% to allow for

efficient screening.

Closed-Circuit Crushing and Screening. The ore is discharged from the dryer onto a short

conveyor that carries it to a 5’-10’ double-deck vibrating screen. Minus 16 mesh ore passes through

the screen and falls onto a high-angle conveyor. The screen oversize falls into a 250 hp vertical-

shaft impact crusher. The crusher breaks the ore into various size fractions. From the crusher, the

ore falls onto the high angle conveyor that carries it to a splitter. The splitter splits the ore into

two streams to feed two 5’x7’ five-deck vibrating screens. The five-deck screens separate the ore

into five components: +16 mesh oversize, 16x30 mesh, 30x60 mesh, 60x90 mesh and -90 mesh.

The +16 mesh oversize falls onto a conveyor belt that returns it to the crusher, closing the crushing

circuit.

Magnetic separation. The screen products are carried by conveyors to four high-intensity

magnetic separators, which separate paramagnetic biotite and other minor constituents from the

non-magnetic silica (quartz) and feldspar.

Bagging and Storage. The quartz and feldspar (feldspathic sand) products are carried by

pneumatic conveyor to bagging bins or bulk storage bins. The biotite and minor constituents are

discharged onto a 24” belt conveyor and then a pneumatic conveyor to carry it to the biotite mica

storage bin.

High Grade Feldspathic Sand Production. A portion of the 30x60 mesh and 60x90 mesh

feldspathic sand fractions is diverted to a conditioner tank, where it is mixed with water to form

slurry. The slurry is then processed through a teeter bed separator to produce a super-clean 30x90

mesh feldspathic sand product. The product is filtered by a drum filter and dried in a gas-fired


rotary dryer. The dried product is carried by pneumatic conveyor to a bagging bin. Water and

impurities from the teeter bed separator are pumped to a polyethylene-lined settling pond to

recover the water for reuse.

Product Hauling. Bagged and bulk products are loaded onto customer trucks or contract haulers

by front-end loader of forklift. The trucks are weighed and dispatched to the customer's location.

The access road will be widened to 24 feet to allow two-way truck traffic. A water truck will be

used to control dust. Approved dust palliatives may be used to improve dust suppression efficiency

and reduce water use.

Processing Equipment. The minimum amount of processing equipment is shown in the table

below.

Plant Equipment (ALMI) No. Type

Ore bin 1 100 ton

Feeder 1 Dakota 4’x16’ HD vibratory

Dust suppression system 1 Fog

Stacking conveyor 1 30”x150’ belt conveyor

Tramp iron magnet 1 Eriez

Belt scale 1 Weightronix

Vibratory feeder 1 FMC 24”x 48”

Dryer feed conveyor 1 30”x 100’

Rotary dryer 1 5’x 40’, propane fired

Dryer/crusher baghouse 1 Pulse Jet 9,000 cfm

Screen feed conveyor 1 CSI 30”x 40’ belt conveyor

Scalping screen 1 5’x10’ vibrating screen

Crusher 1 Remco 200 vertical shaft impact crusher

High angle conveyor 1 Beltwall 30”x24’

Splitter 1 Custom

Screen 2 Midwestern 5 deck vibrating screen


Oversize return conveyor 1 24”x 50’

Magnetic separator 4 Eriez 6”x30”

Pneumatic conveyor 4 3” duct

Diverter 1 Custom

Feldspar bagging bin 4 75 ton

Bag packing machine 4

Feldspar bulk storage bin 4 Custom

High-grade feed bin 1 75 ton

Conditioner tank 1 3’x 5’

Density separator 1 Erie

Centrifuge 1

Dryer feed conveyor 1 18”x 25’

Rotary dryer 1 2’x6’

Dryer baghouse 1 Pulse Jet

High-grade bagging bin 1 Cashon

Plant baghouse 1 Pulse Jet 15,000 cfm

Palletizer 1

Ancillary Equipment (Wesco)

Air compressor 600 cfm

Well and pump 1

Water tank and dist. system 1 10,000 gallon

Transformer & elect dist system 1

Wheel loader 1 5 cy


Skid-steer loader 1 ¾ cy

Forklift 1 20 ton

Forklift 1 5000 lb.

Pick-up truck 2 Chevrolet ¾ ton

Plant building 1 120’x 220’x 26’eave, steel frame &

cladding

Precip. Runoff control facilities 1

Settling pond 1 600,000 gal, polyethylene lined

Propane tanks 4-6 1000 gal.

Diesel fuel tank 1 5000 gal., surface, dual containment

The steel building will house the process equipment downstream of the rotary dryer, plus the plant

maintenance facilities, product storage, and office. Plant facilities will be fenced. Product bunkers

will be located on the northwest side of the building.

Power Supply and Distribution. Power for the plant will be obtained from a low-voltage APS

line that passes adjacent to the plant site. Power will be supplied through an underground conduit

from a pole- or ground-mounted transformer at the power line. The mining contractor will provide

power for its operation from a diesel-powered generator located at the pit. A portable office with

generator will be located at the mining pit site.

Water Supply and Storage. Up to about 14,000 gallons per day will be needed for road watering,

ore processing and plant dust control. Water usage will be less during periods of wet weather and

in the winter. ALMI plans to obtain the water needed from a well drilled at the plant. The current

well has been drilled to 987 feet, and water level is presently found at 295 feet. Wells in the

vicinity have encountered water at a depth of about 300 feet. Water will be stored in two elevated

10,000 gallon tanks.

Explosives Storage. The mining contractor will store explosives in BATF-approved magazines

located in the pit.

Fuel Storage. Diesel fuel will be stored in above-ground, dual containment 5000 gallon tanks.

Four to six 1000 gallon propane tanks will be used to provide gas for the dryers. Propane tanks

under 2000 gallon capacity do not require a state permit.


Maintenance Area. The mining contractor will maintain its equipment in or adjacent to the pit.

Major repairs will be done off-site.

ALMI will maintain its mobile equipment and plant equipment at the plant. Major repairs will be

done off-site

Office. The on-site office will be located adjacent to the plant building.

Sanitary, Solid and Liquid Waste Disposal. Initially, ALMI will use serviced portable toilets

for sanitary wastes. A septic system may be installed later after a county permit is obtained.

Waste paper, filters, garbage and non-hazardous trash generated on site will be stored in closed

containers and disposed of at the Southwest Regional Landfill. Scrap wood, equipment tires and

similar non-hazardous items will be accumulated in a designated storage area and transported to

the Southwest Regional Landfill as required.

Used lube oil, hydraulic fluid, antifreeze, solvents, greases and similar products will be stored in

closed containers and disposed of by a contract recycler. Empty drums will be recycled.

Water from the process will be stored in a lined settling pond and recycled to the process. No

flocculants or other reagents are added.

Site Security. The plant will be enclosed with a chain-link fence. A gate and the building will be

locked during times when no one is present.

Fire Protection. Fire extinguishers will be mounted on mobile equipment, at strategic locations

inside the plant building and at fuel storage facilities.

ALMI. ALMI will employ 50 workers for its hauling and plant operations at full production: one

plant manager, three mill foremen, three mill operators, one crusher operator, one loader operator

and two truck drivers. After an initial start-up period, the plant will operate one shift per day, 236

days per year, building up to three shifts per day, 365 days per year. Workers will be added during

the first year as production warrants.

Construction Contractor. The construction contractor will require about five months for

construction of the plant and facilities. The contractor will work one eight to 12 hour shift, five

days per week. The number of construction workers will vary with the construction activity, but

should not exceed about 15.

Mining Contractor. The mining contractor will generally work 12 hours per day during the

mining campaign. Maintenance that cannot be completed during the operating shift will be done

on the off shift. The number of workers employed by the mining contractor may vary, but will be

around ten.


ARMACO LAND AND MINERAL INC., (ALMI) has been working with SBM Solutions, of

Shanghai Shibang Machinery Co., Ltd, located in Shanghai China. SBM has prepared a bid for

the main focus of the mill, the Vertical Impacter. The Engineering report and the bid are found

elsewhere in this memorandum. Cost of the completed mill is just under seven million dollars.

Summary of appendix for the “Rainbow Mine” Operation available upon request:

A. Proposed Budget Plan – Aramco, Feb. 2013

B. SBM Engineering Report and Quotation – Aramco, Feb. 2013

C. Core Drilling Sample Key – Wesco May 2004

D. Mineral Lab Results – Rainbow Valley Mine, June 2004

E. Beneficiation Report – Wesco, 2004

F. Surface and Core Analysis – John Rud, Jan 2005

G. Marketing Information – Wesco, 2005

H. Mineralogy Summary -Wesco

I. Silica Memorandum – Wesco Minerals, November 2007

J. Aggregate Testing – Wesco, April 2009

K. USGA Golf Test Results – Hummel & Co. Inc. Nov 2. 2007

L. Figure X and Figure Y ( Plant Lay Out and Flow Sheet)

M. Figures, Maps and Charts – as prepared by and for Wesco

SECTION V: SUMMARY SPECIFIC TO PERSONNEL OPERATIONS IN

ARIZONA

Aramco Land and Mineral, Inc., will operate a corporate office, headquarters approximately half

the distance between the Lex Mining Operation and the rainbow Mining Operation. The center of

all administrative and Human Resource Operations will be maintained at this facility.

The mining operations of each project will have on site a specific “Field Office” that will maintain

all necessary documents in accordance with OSHA, and Mine Specific in nature required by both

State and Federal Mining Laws and Regulations.

Aramco Land and Mineral, Inc., will employ approximately one hundred highly qualified

personnel that will be assigned by operation, as needed, and may commute between the two

projects as necessary. It is estimated that $25,000,000 will be necessary in the first three to five

years to pay for the salaries and benefits of these personnel.

The entire operational costs have been estimated at approximately $75,000,000.00 to bring both

mining operations into production in the first year, with income revenue from the Copper mine

estimated at $700,000,000 by the end of the second year and income revenue from the White Silica


Feldspathic Sand operation of the Rainbow Mine estimated at $80,000,000.00 by the end of the

second year. Aramco Land and Mineral, Inc., continues to pursue other operational opportunities

in Frac Sand, and Coal, through strategic partnerships, yet has a main focus of bringing the

operations in Copper and Feldspar to full capacity in 2014.

SECTION VI: USE OF FUNDS

Projected use of funds Amount

Develop Copper Claim Sight-

Expanding Shaft Mine

$1,500,000.00

Close on the Feldspathic Sand

Acquisition

$750,000.00

Site improvements “Lex Mine”, to

include core sample drilling.

$500,000.00

Site Improvements “Rainbow Mine” to

include well drill, and development.

$3,500,000.00

Crushing Equipment (Complete

contract with SBM Machinery) and

additional Equipment for use on sites.

$5,000,000.00

Real Estate Acquisition (Office

Commercial) and improvements.

$500,000.00

Cash Reserve and Operational Funds $3,250,000.00

Total Amount of Loan $15,000,000.00

Loan Parameters Specifics

Loan Amount $15,000,000.00

Proposed Interest 17% Annually

Proposed Prepayment Penalty 6 Months

Proposed Term 60 Months

Proposed Security First Lien to be placed against mining

assets, equipment, and real estate assets

of the corporation

Stock Warrants for Public Trading

Corporation to be developed

1,000,000 share warrant

operational project description and plan - almi december 2014

Documents

plan aramco land

almi operational plan

almi projects

current mining operations

proposed mining operations

lex mining projects

rainbow valley mining

mining claim