the united states carrara marble mining project (carrara, nevada)
DESCRIPTION
A rare opportunity to acquire a superior quality (virtually untapped) marble mining deposits of approximately 80 sampled acres with a conservative estimate of $2.3B in total mineral value, is now available here in the Northwestern United States.TRANSCRIPT
Marble In Nevada INVESTMENT OPPORTUNITY
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The Carrara Project Estimates in excess of $2B+
Minimum of 42M tons
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Agenda Introduction
Carrara Marble
Materials Market
Carrara Formation Studies
Foreseeable Risks
Moving Forward
SummaryUNITED STATES
Introduction The Carrara Mining Patents (CMP) cover ~200 acres with 6
patented mining claims and 10 mineral lode claims near Beatty, Nevada
According to top industry experts it has the largest marble, limestone and cement deposits in the Western United States,
The mine yields a high economic success
Area is well-studied and easily accessible from Las Vegas
Scientific and engineering studies show great economic potential in excess of $2B in just 80 studied acres of the claimsUNITED STATES
Carrara Formation Details
HISTORY & GEOLOGY
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The Carrara Nevada StoryC AR R AR A, NEVADA AND C AR R AR A, ITALY HAVE SOMETHING IN C OMMON. THEY AR E PRODUC ER S OF MAR B LE. IN 1 9 11 , PR OSPEC TOR S FOUND DEPOSITS AND THE AMER IC AN C ARR AR A MAR BLE C OMPANY WAS FOR MED. THE QUAR RY WAS LOCATED IN THE MOUNTAINS AND THE TOW NSITE AB OUT THR EE MILES AWAY ON THE FLAT VALLEY NEXT TO THE LAS VEGAS AND TONOPAH R AILR OAD.
B ECAUSE OF THE DISTANC E FR OM THE QUAR RY TO THE R AILR OAD, W OR K ON A THR EE-MILE SPUR LINE B EGAN IN 1 9 1 3 TO HANDLE MARB LE BLOCKS W EIGHING UP TO FIFTEEN TONS. A NINE-MILE WATER PIPELINE FR OM CAR RAR A TO GOLD C ENTER WAS B UILT. SOME BUILDINGS W ER E MOVED TO C AR R AR A FROM B EATTY AND RHYOLITE TO MAKE THE TOW N LOOK MOR E FINISHED THAN IT REALLY WAS.
THE HOTEL OPENED IN J UNE AND FEATUR ED ELEC TRIC LIGHTS, R UNNING WATER , AND TELEPHONES. THE R AILR OAD TO THE QUAR R IES WAS COMPLETED IN 1 9 1 4 . CAR RAR A’S PEAK YEAR S W ER E 1 9 1 5 AND 1 9 1 6 . AT THAT TIME THER E W ER E MOR E THAN FORTY B UILDINGS AT THE TOW NSITE AND A POPULATION OF C LOSE TO 1 5 0 . THE C AR RAR A SC HOOL DISTRICT WAS ESTAB LISHED IN 1 9 1 5 . B UT THE TOW N WAS SUC C ESSFUL AS A MAR BLE PR ODUC ER ONLY FOR A SHORT TIME. ALL AC TIVITIES AT THE QUAR RY HALTED IN 1 9 1 7 , T IL THE NEW OW NER S TOOK OVER .
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History & Timeline
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In Early 1904 the discovery of marble was made at (Bare Mountain)Between 1911- 1913 the company laid out the town site.In 1912 American Carrara Marble & Cement Company was started Water Supply came from the nearby Gold Center, Electricity came from the nearby highway , about 3 miles away.
April 1914, the first slabs of marble were shipped from the quarry, some was used to build (Los Angeles City Hall 1928)1929 The Pacific Union Railroad was shut down The Carrara town population grew to approximately 100-150 residents 1934The Mine was sold to Investors of the Carrara Marble & Cement company, Inc., in 1917. (Over 50 Shareholders as a Group)They tried re-opening the mine a few times over the years. But in 1930 the war broke-out and the town was abandon by 1934. Owners put the property & mine on the market however the Deal with a European mining company fell-out because of the 911 - Terrorist Attack in New York City. The Mineral Resource Evaluation and Engineering Report was performed by the industries top engineering experts in 1993, 1997 & 2003 .In 2014 investors have the opportunity to establish a joint-venture to sale for $320 Million US Dollars and Re-Open Mine
Why Did The Mining Stop?They no longer had the railroad or the trains.Handling the marble to take it to the market generated financial stress.
They realize there was very little value in continuing the mining business
The town Carrara, Nevada was abandoned in1934.
The great depression started and World War II began (Pearl Harbor attacked)
There has to be a better way.
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Nevada’s Carrara Formation Named “Carrara Formation” due to similarity to famous Italian
marble
Carrara Formation analysis confirms >96% pure CaCO3
Identified in the early 20th century
Peak production years were 1915-1916, ending shortly thereafter
Domestic marble production shifted to Vermont due to greater accessibility, transportation, and Northeast market proximity
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Carrara,Nevada Marble Quality
Los Angeles, California City Hall Building completed: 1928
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The Marble from Carrara, Nevada Mine was used to build the Los Angeles City Hall Building Over 80 Years ago
Carrara Canyon
~115 miles from Las Vegas, NV
~300 miles from Los Angeles, CA
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Carrara Formation Site 200 acres with easy access from high-quality graded
road
Within 1 day transportation to numerous major markets
Site is 3 miles from major (95) highway and access to
utilities
Water available from local rivers or <400ft deep wells
on site
State of Nevada is mining friendly
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Mine Entrance – 3 Mile Road
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Carrara Mine Up Close
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Carrara Formation Marble
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Materials MarketTHE MARBLE INDUSTRY WORLDWIDE HAS EXPERIENCED A SLOWDOWN IN KEEPING WITH THAT EXPERIENCED BY OTHER INDUSTRIES OVER THE LAST SEVERAL YEARS.
GLOBAL DEMAND FOR MARBLE HAS SHOWN STRONG INDICATIONS OF A RECOVERY IN TANDEM WITH THE OVERALL MARKET RECOVERY EXPERIENCED IN OTHER INDUSTRIES, AND IN PARTICULAR WITH THE HOUSING INDUSTRY IN THE UNITED STATES .
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Current Marble Market 2008 Global slowdown impacted marble minimally
Luxury goods remained steady throughout and are
rising again
Carrara-type marble demand has increased 3x since
2008
2012 saw 10% increase in market including Carrara-
type marbles
Marble prices have increased an average of 7% since
2008
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US Marble Imports & Exports 2011-2012
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Other Carrara Formation Products
Limestone
Calcium Carbonate (CaCO3) Products
Sand and Gravel
Export Material to Mexico to China
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Distribution of Carrara Formation Materials
Dimension Stone Architectural & Concrete
Smaller Blocks
Fillers & Cement
FragmentsLandscaping & Gravel
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Commercial Applications Large blocks of marble are called “dimension stone”
Used primarily in architecture and decoration
Building facades, countertops, tiles, sculptures
Smaller marble blocks commonly used in home decoration
Limestone and CaCO3 products used in toothpaste, antacids,
etc.UNITED STATES
Industrial Applications CaCO3 products are used in many areas
Road base
Fillers and extenders
In paper manufacturing
In plastics and paints
In cereals and medicines
Sands and gravels are used as aggregate for concrete
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Carrara Formation StudiesWITH CURRENTLY 80 ACRES SURVEYED
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Material ValueSEE THE FACTS FOR YOURSELF
THE MINERALS, HAVE HIGH EARNING POTENTIAL.
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TYPE TONAGE (million tons)
USABLE TONS
(million tons)
WHOLESALE($/ton avg.)
VALUE($U.S.
million)
WHITE gravel/landscape rock
3.7 3.15 $18 $56.7
WHITE small blocks
5.6 4.76 $65 $309.4
WHITE large blocks 9.4 7.99 $100 $799.0WHITE dust CaCO3 15% of
white2.04 $10 $20.4
BLACK gravel/landscape rock
2.25 1.91 $12 $22.9
BLACK small blocks
2.25 1.91 $35 $66.8
BLACK large blocks 18 15.3 $65 $994.5DOLOMITE residual 15% of
black3.38 $10 $33.88
TOTAL 41.20 Avg. $56 $2,303.5
Geologic Studies 1996 study by Papke, Registered Nevada Geologist
Detailed geologic analysis including material sampling
Identified key geologic faults within site
Noted that dip of formation (~50-55°) could potentially limit
amount of material extracted
Made conservative estimate of ~42 million tons of materialUNITED STATES
Engineering Studies Preliminary Ore Reserve Estimate in 1981 and Update in 1997
Conducted by Andrew Zinkl, Registered Mining Engineer
Agreed with Papke’s Geologic Report estimate
Preliminary Mineral Evaluation in 1989
Conducted by Mineral Development Associates, Registered Mining Engineers
Sampled marbles and determined purities of >96% CaCO3
Recommended sampling for phosphorus to refine economic estimates
Provided dip mitigation recommendations per 1996 Geologic Report
Report in 2003 by Registered Mining Engineer Dennis Anderson
Recommended drill program and pre-feasibility study
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Why Are We So Confident?•Unparalleled History & Track Record•Proven Mining Business Industry•Innovative Consumer-Oriented Products•Strategic Alliances Worldwide•Leading-Edge Technology•World-Class Appeal for International Markets•Revolutionary Quality & Product Development
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Foreseeable Risks Market downturns
Transportation issues along value chain
Extraction difficulties
Staff turnover
Important to note: many typical risks (e.g., political upheaval, flooding, poor access, lack of skilled workforce) are avoided due to favorable site location
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Risk MitigationTHE NEXT STEPS
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Phases & Entitlements
Pre-feasibility Study
Full Feasibility Study
Detailed Design Phase
Working Mine
2-4 Months 4 - 6 Months 8-12 Months 10+ years
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Preliminary Feasibility Study
Moves resource from indicated to measured level of certainty
Involves drilling program to accurately assess marble quality, quantity, and accessibility
Employs a team of technical professionals
Identifies potential problem areas clearly
Increases accuracy to 20-30%
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Full Feasibility Study Budget information for project is key study component
Based largely on formal engineering work
Uses teams including engineers, geologists, and project
managers
Increases accuracy to 10-15%
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Detailed Design Phase Occurs after mine has received approval to proceed
Uses computer software to plan mining operations
Involves human logistics, mine design, processing, and
transportation plans
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Carrara Mining Patents Opportunity
The Carrara Mining Patents (CMP) claims cover ~200 acres
Area rich in marble and calcium carbonate (CaCO3) products
Area is well-studied and easily accessible from Las Vegas
Geologic and engineering studies show great economic potential
Estimates place potential value over $2B
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The Next Step:The Site can be viewed by only qualified investors or joint partners who seeks a
co-venture.
Upon verification of proof of funds and a Letter of Intent
Please contact: 234-200-0278 Ext. 100
Email: [email protected]
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