Mine Claim Holder Questions -
Financing / Partnership Date:
Do you OWN or
HAVE CONTROL of the mine?
How long have
you had possession/control of the claim?
When was the
claim renewed and when does it expire (if
property been offered elsewhere?
If so, will you
formally cease & desist if we have a better
Is the Claim on
Who are the
ultimate decision makers?
2 – Land aspects and
Are there any
existing mines or claims around your mine? If yes, of what
Do we presently
have any assay and geological reports
> Done by whom?
When were they done and how current are
those reports: > What is the present value
of the mine?
are the quantities expected?
What is the anticipated value of the ore?
Is the mine
already in production?
To what percentage of its reserve
> What is the current level
What would it take to begin extraction in terms of time,
financial investments, etc?
3 – Financial
What would be
your expectations of our involvement in the project?
(Joint-Venture? Limited partnership? Strictly
would you seek to accomplish?
revenue sharing level would you be willing to
you have some kind of business plan/financial plan and/or
financing time frame requirements?
Help us find Banks to work with
here and abroad!
your help in finding suitable banking relationships! If you or
someone you know has contact with a Bank Owner, President etc.
and there is a good relationship with this contact, we would
like you to assist us in building a working relationship with
that Bank. It does not have to be a major bank and it can be
anywhere in the world. Below you will see a document that can
be used by the Bank Managment to assist them in
understanding what we need in our relationship with them. If
you have any contacts please email or skype me immediately.
Bank Selection Criteria
To be selected a Bank should agree:
1) To issue Conditional Guarantees or
Conditional Irrevocable Payment Obligations, acceptable
to other Banks that, for their clients, would issue Bank
Commitment Letters (“BCL”) offering loans conditioned
upon receipt of an acceptable Guarantee. Please note and
underscore that the Banks issuing the BCL would be
expected to underwrite and to approve loans without
considering the Guarantee, and to accept the Guarantee
only as payment for a loan that has otherwise and
previously been approved.
2) To lodge funds received from the other Banks
in the Treasury Account.
3) To require two signatures on the Treasury
Account – one as we may designate and one of an Officer
of the Bank’s Investment Department.
4) To allow us, in conjunction with the Officer
of the Bank’s Investment Department, to use the funds in
the Treasury Account, and value in the Investment
Account, to engage in non-depletion brokerage
transactions, with instruments purchased being lodged in
the Investment Account and proceeds from instruments sold
being deposited into the Treasury Account. Non-depletion
transactions are transactions that involve risk similar
to that of engaging in buying/selling of major government
bonds, major bank instruments, and/or major corporation
bonds – with a Bank/Brokerage Firm approval.
5) To allow us to evidence funds deposited in
the Treasury Account and value of instruments lodged in
the Investment Account to engage in transactions outside
the Bank, as long as said transactions do not compromise
the safety of funds and values.
6) To allow us to deposit profits obtained
through transactions outside the Bank into the Treasury
Account and to transfer (through the brokerage system)
acceptable instruments that we may obtain, through such
transactions, to the Investment Account.
7) To allow us, after deduction of fees and
interest charges, to disburse profits (as discussed above
in point 6) as per private agreements that we may engage
8) To issue, at our request, with us (or someone
that we designate) as the beneficiary, Bank Commitment
Letters offering loans, conditioned upon receipt of an
acceptable Guarantee, up to the amount of value in the
Treasury Account and in the Investment
We will draft and
send a letter to the Banker that will include this
form. You will be mentioned as the person who referred us