Avg. grade 1.

5 g/ton
Monthly Gold Prod. Target 30,000 g

Avg.Prod./Gold Target 20,000 tons

% Plant Util. 50%

Appr. Prod./Gold Target 30,000 tons

Avg. days/Month 28

Avg.tons/day 1071.429
Avg.tons/shift 535.7143
Total hrs/shift 12 hrs
Effective Working hrs 10 hrs
Avg.tons/shift 540 tons
Avg.tons/hr 54 tons

Truck Capacity 24 m3
Max. Truck Capacity 22 m3
No truck loads/hr 1.5 trips

Avg.truck loads/hr 2 trips

Trucks Reqired 2
No of Exc. Required 3
 START UP COST (Mining & Processing)
Item No.

A.
1
2
3
4
5

B.

C.

D.
 START UP COST (Mining & Processing)
Item Unit Cost ($)

Fixed Assets Establishment Cost

Washing Plant,3t/hr complete with Grizzly, Separator & Concentrator 45,000
Oxides Crusher, 50t/hr complete with sluice, concentrator and upgrader 80,443
Gold Smelting Equipment
Security Kiosk, Boom Gate and Signages
Construction and furnishing of a temporary Site Office

Sub Total

Operational (Mobile) Equipment Rental Cost

Excavator 1,593
Cat 966 Front End Loader 885
Man 24 cubic Tipper Truck 425
Cat D7 Track Dozer 442
Tower light 142
Toyota Double Cabin Pickup 212
Toyota Single Cabin Pickup 88

Sub Total

Operating Cost
Security
Fuel and Lubricants
Administrative & Labour expenses (excluding salaries)
Equipment installation costs

Sub Total

Miscellaneous
Concession Owner's Goodwill
Compensations to Land Owners

Total Establishment Cost

Quantity Total ($) crusher 120000

1 45,000 engine 120000

1 80,443 accessories 25,000
1,000 blanket/othe 20000
10,000
20,000 285000
50,442
156,443 kacha 30,000

3 31,858 3000 530.9735

2 17,699 2500 442.4779
2 8,496 1200 212.3894
1 8,850 2500 442.4779
2 1,416 400 70.79646
2 4,248 600 106.1947
1 1,770 500 88.49558

74,336 223009.1

10,000
15,000
5,000
25,000

55,000

28,578
300,000
20,000

634,357 105726.2 #REF!

Monthly 30000 g
30 kg
working Days 28 days

Daily Gold Production 1071.4 g

1.1 kg

Monthly Revenue 30 kg
1050 ounces

Assuming 1oz = 1850 usd

Monthly Revenue 1,942,500.00

 Sep-20 Oct-20 Nov-20

REVENUE $ 1,942,500.00 $ 1,942,500.00 $ 1,942,500.00

ESTABLISHMENT COST PER MONTH $ 105,726.21 $ 105,726.21 $ 105,726.21

PRODUCTION COST
SALARY/FEEDING $ 100,000.00 $ 100,000.00 $ 100,000.00
FUEL $ 83,832.00 $ 83,832.00 $ 83,832.00
EQUIPMENT RENTAL $ 223,009.06 $ 223,009.06 $ 223,009.06
PROCESSING ACTIVITIES $ 1,000.00 $ 1,000.00 $ 1,000.00
PROCESSING PLANT $ 1,000.00 $ 1,000.00 $ 1,000.00
OTHER EXPENSES $ 40,000.00 $ 40,000.00 $ 40,000.00

TOTAL COST OF OPERATION $ 554,567.28 $ 554,567.28 $ 554,567.28

NET REVENUE $ 1,387,932.72 $ 1,387,932.72 $ 1,387,932.72

 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21

$ 1,942,500.00 $ 1,942,500.00 $ 1,942,500.00 $ 1,942,500.00 $ 1,942,500.00 $ 1,942,500.00

$ 105,726.21 $ 105,726.21 $ 105,726.21

$ 100,000.00 $ 100,000.00 $ 100,000.00 $ 100,000.00 $ 100,000.00 $ 100,000.00

$ 83,832.00 $ 83,832.00 $ 83,832.00 $ 83,832.00 $ 83,832.00 $ 83,832.00
$ 223,009.06 $ 223,009.06 $ 223,009.06 $ 223,009.06 $ 223,009.06 $ 223,009.06
$ 1,000.00 $ 1,000.00 $ 1,000.00 $ 1,000.00 $ 1,000.00 $ 1,000.00
$ 1,000.00 $ 1,000.00 $ 1,000.00 $ 1,000.00 $ 1,000.00 $ 1,000.00
$ 40,000.00 $ 40,000.00 $ 40,000.00 $ 40,000.00 $ 40,000.00 $ 40,000.00

$ 554,567.28 $ 554,567.28 $ 554,567.28 $ 448,841.06 $ 448,841.06 $ 448,841.06

$ 1,387,932.72 $ 1,387,932.72 $ 1,387,932.72 $ 1,493,658.94 $ 1,493,658.94 $ 1,493,658.94

 Jun-21 Jul-21 Aug-21 END OF YEAR ONE

$ 1,942,500.00 $ 1,942,500.00 $ 1,942,500.00 $ 23,310,000.00

$ 634,357.29

$ 100,000.00 $ 100,000.00 $ 100,000.00 $ 1,200,000.00

$ 83,832.00 $ 83,832.00 $ 83,832.00 $ 1,005,984.00
$ 223,009.06 $ 223,009.06 $ 223,009.06
$ 1,000.00 $ 1,000.00 $ 1,000.00 $ 12,000.00
$ 1,000.00 $ 1,000.00 $ 1,000.00 $ 12,000.00
$ 40,000.00 $ 40,000.00 $ 40,000.00 $ 480,000.00

$ 448,841.06 $ 448,841.06 $ 448,841.06 $ 6,020,450.03

$ 1,493,658.94 $ 1,493,658.94 $ 1,493,658.94 $ 17,289,549.97

 Sep-20 Oct-20 Nov-20 Dec-20
ESTIMATED MONTHLY REVENUE $ 1,387,932.72 $ 1,387,932.72 $ 1,387,932.72 $ 1,387,932.72
INVESTOR $ 1,040,949.54 $ 1,040,949.54 $ 1,040,949.54 $ 1,040,949.54
ROCKS AND RIVERS $ 346,983.18 $ 346,983.18 $ 346,983.18 $ 346,983.18
 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21
$ 1,387,932.72 $ 1,387,932.72 $ 1,493,658.94 $ 1,493,658.94 $ 1,493,658.94 $ 1,493,658.94
$ 1,040,949.54 $ 1,040,949.54 $ 1,120,244.20 $ 1,120,244.20 $ 1,120,244.20 $ 1,120,244.20
$ 346,983.18 $ 346,983.18 $ 373,414.73 $ 373,414.73 $ 373,414.73 $ 373,414.73
 Jul-21 Aug-21
$ 1,493,658.94 $ 1,493,658.94
$ 1,120,244.20 $ 1,120,244.20
$ 373,414.73 $ 373,414.73