the united states carrara marble mining project (carrara, nevada)

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Marble In Nevada INVESTMENT OPPORTUNITY UNITED STATES

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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.

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Page 1: The United States Carrara Marble Mining Project (Carrara, Nevada)

Marble In Nevada INVESTMENT OPPORTUNITY

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Page 2: The United States Carrara Marble Mining Project (Carrara, Nevada)

The Carrara Project Estimates in excess of $2B+

Minimum of 42M tons

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Page 3: The United States Carrara Marble Mining Project (Carrara, Nevada)

Agenda Introduction

Carrara Marble

Materials Market

Carrara Formation Studies

Foreseeable Risks

Moving Forward

SummaryUNITED STATES

Page 4: The United States Carrara Marble Mining Project (Carrara, Nevada)

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

Page 5: The United States Carrara Marble Mining Project (Carrara, Nevada)

Carrara Formation Details

HISTORY & GEOLOGY

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Page 6: The United States Carrara Marble Mining Project (Carrara, Nevada)

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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Page 7: The United States Carrara Marble Mining Project (Carrara, Nevada)

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

Page 8: The United States Carrara Marble Mining Project (Carrara, Nevada)

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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Page 9: The United States Carrara Marble Mining Project (Carrara, Nevada)

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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Page 10: The United States Carrara Marble Mining Project (Carrara, Nevada)

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

Page 11: The United States Carrara Marble Mining Project (Carrara, Nevada)

Carrara Canyon

~115 miles from Las Vegas, NV

~300 miles from Los Angeles, CA

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Page 12: The United States Carrara Marble Mining Project (Carrara, Nevada)

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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Page 13: The United States Carrara Marble Mining Project (Carrara, Nevada)

Mine Entrance – 3 Mile Road

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Page 14: The United States Carrara Marble Mining Project (Carrara, Nevada)

Carrara Mine Up Close

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Page 15: The United States Carrara Marble Mining Project (Carrara, Nevada)

Carrara Formation Marble

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Page 16: The United States Carrara Marble Mining Project (Carrara, Nevada)

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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Page 17: The United States Carrara Marble Mining Project (Carrara, Nevada)

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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Page 18: The United States Carrara Marble Mining Project (Carrara, Nevada)

US Marble Imports & Exports 2011-2012

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Page 19: The United States Carrara Marble Mining Project (Carrara, Nevada)

Other Carrara Formation Products

Limestone

Calcium Carbonate (CaCO3) Products

Sand and Gravel

Export Material to Mexico to China

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Page 20: The United States Carrara Marble Mining Project (Carrara, Nevada)

Distribution of Carrara Formation Materials

Dimension Stone Architectural & Concrete

Smaller Blocks

Fillers & Cement

FragmentsLandscaping & Gravel

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Page 21: The United States Carrara Marble Mining Project (Carrara, Nevada)

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

Page 22: The United States Carrara Marble Mining Project (Carrara, Nevada)

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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Page 23: The United States Carrara Marble Mining Project (Carrara, Nevada)

Carrara Formation StudiesWITH CURRENTLY 80 ACRES SURVEYED

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Page 24: The United States Carrara Marble Mining Project (Carrara, Nevada)

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

Page 25: The United States Carrara Marble Mining Project (Carrara, Nevada)

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

Page 26: The United States Carrara Marble Mining Project (Carrara, Nevada)

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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Page 27: The United States Carrara Marble Mining Project (Carrara, Nevada)

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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Page 28: The United States Carrara Marble Mining Project (Carrara, Nevada)

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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Page 29: The United States Carrara Marble Mining Project (Carrara, Nevada)

Risk MitigationTHE NEXT STEPS

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Page 30: The United States Carrara Marble Mining Project (Carrara, Nevada)

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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Page 31: The United States Carrara Marble Mining Project (Carrara, Nevada)

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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Page 32: The United States Carrara Marble Mining Project (Carrara, Nevada)

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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Page 33: The United States Carrara Marble Mining Project (Carrara, Nevada)

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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Page 34: The United States Carrara Marble Mining Project (Carrara, Nevada)

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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Page 35: The United States Carrara Marble Mining Project (Carrara, Nevada)

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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