Thank you for your interest in the Northeast Africa Gold Mining Development Project promoted by UBSD FUNDS GROUP. This project is a highly promising gold mining venture built on sound technology and a solid foundation, benefiting from the current strong gold market tailwind. This document provides detailed information about the project overview, progress to date, mining capacity, and its potential.
This project is being promoted in a promising mining area near the Egyptian border by Company S and its subsidiary Company N, which have been formally established and registered under local government laws with all necessary permits already obtained. An environmental impact assessment report has also been submitted and approved, making the legal foundation extremely solid.
Based on a 20-year mining lease contract, the project has been granted mining rights covering an area of 2 square kilometers by the local government.
UBSD FUNDS GROUP has been involved as a strategic partner from the initial stages of this project, advancing it from exploration to development, and now to the current pre-mining phase. The necessary large machinery and local infrastructure have already been introduced and constructed, establishing a strong foundation for efficient and large-scale mining and ore processing. UBSD FUNDS GROUP's proactive contribution has dramatically increased the feasibility and probability of success for this project.
The project is currently at a stage just prior to the commencement of mining. The first phase of the project plans a total of four mining pools, with operations initially starting from two pools. Each pool measures 120 meters (length) × 17 meters (width) × 2.5 meters (depth) and has the capacity to process 3,500 tons of raw sand. The initial stage has a total processing capacity of 7,000 tons.
Based on geological surveys and test mining results:
This demonstrates high production capacity and revenue potential from the initial stages of the project.
Mining is primarily conducted through open-pit methods, and gold is extracted through environmentally low-impact physical separation processes (crushing, grinding, gravity separation, etc.) at ore processing facilities installed on-site.
Currently, gold prices are hovering around historical highs, and the upward trend is expected to continue due to multiple factors such as geopolitical tensions, central bank gold purchases, and inflation concerns.
Major experts and financial institutions such as JP Morgan, Goldman Sachs, and UBS also predict strong increases in gold prices over the next few years, which will serve as a powerful tailwind for the profitability of this project.
The target mining area has been confirmed to have sufficient gold reserves with commercial viability based on geological surveys, possessing the potential for long-term stable operations and profit generation. In addition to the initial two pools, the future operation of the remaining pools is expected to further expand production capacity and increase profits.
This project emphasizes compliance with local legal systems, appropriate environmental measures based on environmental impact assessments, and building good relationships with local communities. Through the adoption of mining and ore dressing methods that do not use harmful substances such as mercury, consideration for water treatment and waste management, and contribution to the local community through job creation and regional contribution activities, we aim for sustainable project operations.
Operations will be managed by experienced local partners, Company S and Company N, with strategic support from UBSD FUNDS GROUP, ensuring appropriate management of operational risks.
The Northeast Africa Gold Mining Development Project is a highly promising venture with a solid legal and physical foundation, established mining capacity, and the powerful tailwind of the current record-breaking gold market. The rise in gold prices predicted by major financial institutions further enhances the project's potential.
Through experienced partnerships and consideration for sustainability, we aim for long-term success and value creation. This project is designed to capture the dynamics of the gold market and realize its great potential through reliable operations.
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