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Diamond Mining
(SADAC Consulting Project)

Project No 110
Published on 26.07.2020

Project description

With a Mining Area stretching over 204 million cubic meters and a 55 year lifespan, the potential is endless.
The diamonds excavated from past mining are sizes of no less than 0.6 ct and greater than 25 ct.The Diamond Mine is in the Northern Cape Region of South Africa, Port Nolloth.
Concession and Mining Permit to the Mine are in order and we are able to excavate immediately.

Project Details

Diamond Mining Project in Southern Africa

With a Mining Area stretching over 204 million cubic meters and a 55 year lifespan, the potential is endless.
The diamonds excavated from past mining are sizes of no less than 0.6 ct and greater than 25 ct.

The Diamond Mine is in the Northern Cape Region of South Africa, Port Nolloth.

Concession and Mining Permit to the Mine are in order and we are able to excavate immediately.

Marketing and Sales Method:

The Market for this Project is wide-spread, with a network base across the World, always looking to buy what we have and what we can provide.

We have Diamond Cutters, Diamond enthusiasts and Dealers ready to buy from them. We also sells to Government.

Operations Management:

– 8 Specialists in our Project Management Team
– Combined Industrial Relations and Mining experience of 53 Years
– Combined Business Development and Project Management experience of over 35 Years
– Combined Accounting and Legal experience of over 28 Years.

SADAC Projects has 1 IR/Business Consultant, 1 HR/ Mining Consultant, 2 Lawyers, 2 Accountants and 2 Project Managers on their team.

Project Financing:

The terms and conditions for this agreement will be as follows:
– Loan Amount: $1 million
– 35% + Investment amount for the Project
– Payment will be made Quarterly after we are fully operation in accordance to our Current Objectives.
– NDNC Agreement will be signed by both parties, any and all additional requirements completed by both parties respectively.
– Project Length: 5 Years

Investment (project) period from: 2020-08-01 to: 2025-08-01
Investment return terms and conditions: 2025-08-01

Project Timetable: No current Timetable

Exit Strategy:
The NDNC Agreement outlines the Exit Strategy for both signed parties, to 2 options:

– Annulling the Signed agreement as soon as the full loan amount has been paid back to the Investor with interest, before the completion of the Project Loan Term.
– The Project Loan Term has completed, but the full loan amount with interest has not been paid back yet.

Additional Information: To address any additional concerns, please refer to the attached Summary Report “Broker Notes” within this Project.

Related Documents

1. Port Nolloth Diamond Mine: Investors Presentation

2. Cash Flaw Statement

3. Port Nolloth Reserve and Muisvlak Concession Summary Report