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Oct 10, 2016 7:06 EST

Natural Restoration Partners, LP has developed in cooperation with partner entities, a fully permitted gold ore milling site in a rich historic mining district of Colorado which has an abundant supply of ore dumps from previous mining activity

iCrowdNewswire - Oct 10, 2016

Natural Restoration Partners Logo

Natural Restoration Partners

Atlanta, GA 30328, US
Materials

Natural Restoration Partners, LP has developed in cooperation with partner entities, a fully permitted gold ore milling site in a rich historic mining district of Colorado which has an abundant supply of ore dumps from previous mining activity. This cast off ore from long ago mining activity contains gold content that is profitable to mill at current prices. NRP owns 50% of the mill operation and has secured 70 patented mining claims with over 250,000 tons of “dump ore” and over 1.2 million oz of conservatively estimated underground reserves. Funds raised will be used to build a 400 ton/day mill, get into full production processing ore dumps and to continue acquiring strategic gold properties in the district. We have built two pilot mills to prove the concept and have had extensive testing conducted by multiple independent assay firms to validate the level of gold content in the head ore and the concentrate we produce. In addition to the properties we already control, 2 -3 million tons of dump ore remain available in the district at relatively cheap acquisition prices because there is no mill in the region. This mining district is an EPA designated “superfund” site because of the toxic metals leaching out of the dump piles throughout the watershed which provides drinking water supply to much of Denver. Local governments have spent millions of dollars on water treatment. Our process effectively cleans up the toxic ore dumps by milling the ore into concentrate that is shipped to the smelter. The tailings from the milling process are detoxified. The process is a profitable way to solve a major environmental problem at no cost to taxpayers. The project is profitable with gold prices above $750/oz. At current gold prices above $1200 per ounce, there is conservatively $85 in gold per ton of dump ore and our all-in cost/ton is $56. This gives us an excellent 34% profit margin which will increase significantly as the price of gold rises further.

Products / Services

Gold

 

Metallic Concentrate with Gold and Silver content

We produce a concentrate of the metals in the ore. The concentrate contains 5-7 ounces of gold per ton. We ship the concentrate to a smelter and receive a contracted price for the gold content (current agreement is 88% of the spot price of gold).

 

Management

Managing Director Executive Officer
Natural Resource Management, LLC

Summary

Prior Year Revenue Current Year Revenue Next Year Revenue

 

Company Age Employees Sub-Industry
9 years, 7 months 4 Gold

 

Company Type Stock Exchange Stock Symbol
Privately-Held
Contact Information:

Ron Reeser / Mason Drake / Patrick Maher

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