Volcan Mining Limited is a leading exploration and mining company focussed on the development and profitable commercial exploitation of the Volador Gold concession in southwestern Ecuador. Volcan Mining has the right management team with a proven successful gold mining track record in Ecuador and the resources needed to make Volador succeed.
What We Do
The Volador Gold Mine Project and concession that is being acquired by Volcan Holdings Inc ("VOHO'') is located in southwest Ecuador in the Province of El Oro (“the Gold”). The concession surrounds the Pindo River over an estimated length of the river of 18km and it drains a highly mineralized gold district over 400 square kilometres, which has been mined upstream and in various zones since pre colonial time for over 3000 years and the province has been named after the wealth of the gold in the Zaruma District.
VOHO is evaluating various modern mining technology to exploit the available free gold and generate significant early cash flows with forecast earnings (EBITDA) approximately USD17 million dollars per annum per mine site at a production rate of approximately 1000 cubic metres per day for an annual gold production rate of >15,000 ounces expected to commence in early 2021.
The Pindo River is boxed in between 25m at the narrowest place and 100m at the widest and with an average width of 40m. The estimated depth in the gravels to bedrock is between 1 to 10 meters, with an average of 6 meters on the banks. The main target is the coarse gold located at bedrock including the traps in the bedrock in the active river particularly in pay streak areas related to river bends. The access to the river has a road all along the right side and the nearby villages may supply all the required services.
Disclaimer:The information contained in this presentation has been prepared by Volcan Holdings Inc (VOHO). This presentation is being delivered for information purposes only to a limited number of persons to assist them in deciding whether or not they have an interest in investing in VOHO. The presentation has not been independently verified and the information contained within is subject to updating, completion, revision, verification and further amendment. The presentation does not purport to contain all information that a prospective investor may require. While the information contained herein has been prepared in good faith, neither VOHO nor its shareholders, directors, officers, agents, employees, or advisors give, has given or has authority to give, any representations or warranties (express or implied) as to, or in relation to, the accuracy, reliability or completeness of the information in this presentation, or any revision thereof, or of any other written or oral information made or to be made available to any interested party or its advisers (all such information being referred to as Information) and liability therefore is expressly disclaimed. Therefore, neither VOHO nor any of its shareholders, directors, officers, agents, employees or advisers take any responsibility for, or will accept any liability whether direct or indirect, express or implied, contractual, tortious, statutory or otherwise, in respect of the accuracy or completeness of the Information or for any of the opinions contained herein or for any errors, omissions or misstatements or for any loss, howsoever arising from the use of this presentation. In furnishing this presentation, VOHO does not undertake or agree to any obligation to provide the recipient with access to any additional information or to update this presentation or to correct any inaccuracies in, or omissions from, this Presentation which may become apparent. Information contained in this presentation is confidential information and the property of VOHO. It is made available strictly for the purposes referred to above.
The presentation and any further confidential information made available to any recipient must be held in complete confidence and documents containing such information may not be reproduced, used or disclosed without the prior written consent of VOHO. This presentation shall not be copied, published, reproduced or distributed in whole or in part at any time without the prior written consent of VOHO. By accepting delivery of this presentation, the recipient agrees to return it to VOHO upon its request to do so. This presentation should not be considered as the giving of investment advice by VOHO or any of its shareholders, directors, officers, agents, employees or advisors. Each party to whom this presentation is made available must make its own independent assessment of VOHO after making such investigations and taking such advice as may be deemed necessary. This presentation contains forward looking statements that are based on subjective estimates, assumptions and about circumstances and events that have not yet taken place. Such estimates and assumptions involve significant elements of subjective judgment and analysis, which may or may not be correct. Accordingly, no representations are made by VOHO, its related parties, consultants or advisers as to the accuracy of such information and there can be no assurance that any projected result would be achieved. Neither the issue of this presentation nor any part of its contents is to be taken as any form of commitment on the part of VOHO to proceed with any transaction and the right is reserved to terminate any discussions or negotiations with any party. In no circumstances will VOHO be responsible for any costs, losses or expenses incurred in connection with any appraisal or investigation of it by any prospective investor. The delivery or distribution of this presentation in or to persons in certain jurisdictions may be restricted by law and persons into whose possession this presentation comes should inform themselves about, and observe, any such restrictions. Any failure to comply with these restrictions may constitute a violation of the laws of the relevant jurisdiction. By accepting this presentation, the recipient represents and warrants that it is a person to whom this presentation may be delivered or distributed without a violation of the laws of any relevant jurisdiction. This presentation is not to be disclosed to any other person or used for any other purpose and any other person who receives this presentation should not rely or act upon it.