M&G Infinity Sa Powerpoint Mx

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M&G Infinity Inc. Liberia Make Your Dreams a Reality!

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April 2010Investor presentation

Transcript of M&G Infinity Sa Powerpoint Mx

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M&G Infinity Inc. Liberia

Make Your Dreams a Reality!

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• Created: April 26th 2010

• Location: Congo Town, P.O. Box 1829, Montserrado, Liberia

• Bank: Ecobank

• Capital: $ 250,000 USD

• Mission:M&G wants to be perceived as the leading foreign owned alluvial miner in Western Liberia. It wants to run a profitable international diamond business. M&G executives and employees will strive to operate with the highest standards. M&G wants to be recognized as a high value added supplier in the rough diamond and international gemstone business.

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Management andOrganization Summary

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M & G INFINITY INC. ORGANIZATIONAL STRUCTURE:

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Future Advantages with M & G Infinity

• Excellent relationship with Liberian Government!• Company that gives back to local communities through the “I Believe

in You Foundation,” which is a M & G Infinity SA affiliate. • M & G has hand picked a specialized group of professionals according

to individual needs of each department in both Switzerland and Liberia.

• Provide opportunities to work with a company not limited to status quo, but seeks to expand Infinitely!

• M & G will acquire three more reserved future concessions which have been selected through satellite imaging.

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Diamond Mining Companies In Liberia

• Bea Mountains MDA Project: -Schist-belt kimberlite, Exp. by Mano River Resources, Inc.

• Grand Cape Project: -Artisanal and kimberlite adjacent to Mano River site. Exp.

by DFI. • Kpo Range Project:

-Alluvial & primary along the Lofa River, Exp. by Mano River Resources. • MCA Project:

-Kimberlite near alluvial Camp Alpha area Exp. by Mano River. • Nimba Diamond Concession:

-Alluvial along Ya creek in NE Liberia, Exp. by DFI.

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M & G Infinity Inc. Market Objective

The demand for polished diamonds in India and China may soon reach the same level as its American counterpart, and will position them as the biggest diamond consumers in the next decade –according to a recent precious stone global demand review by the world's largest diamond mining company De Beers.

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China/India Future Projections

• In 2009, the United States accounted for about 40% of global diamond demand, with China and India around 6%-7%. However, De Beers forecasts that China would soon account for 16% of the global diamond demand and India for the same percentage by 2016.

• A recent KPMG study suggested India's 2010 jewelry sales will near $21 billion, and may reach $37 billion by 2015.

• Currently, out of eight key world retail markets, the US accounts for 45% of all jewelry sales, including diamond, platinum, gold and others. India and China, which follow with 8.3% and 8.9%, will emerge as the market equivalent to the US by 2015.

• Industry sources said the diamond jewelry demand in India is expected to see a 50% hike by 2012, a from the current $4.2 billion diamond trade jewelry sales, attributed to rising gold prices and the fast growth popularity of the diamond-studded

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Liberia’s New Beginning

• Liberia’s president, the first democratically elected female head of state in Africa, Ellen Johnson-Sirleaf, is a former World Bank employee, and her expertise is paying dividends thus far, with well negotiated deals with the World Bank and I.M.F, and added foreign direct investment mainly to resuscitate their productive sectors, such as the US$1.5 billion investment by world mogul Mittal Steel in iron ore production, and the US$100 million deal with tyre giants Firestone securing over 7,000 jobs. The obvious by product of this has to be the improvement in development of the country, a doubling of primary school enrolment in three years and the prolonging of peace.

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Ease of Communication From Liberia

• There is ongoing recovery of Liberia's infrastructure:• There are four telecommunication companies operating in the

country• Wireless Internet• Hundred of miles of repaired roads• Multiple flights a week from The United States to Belgium and

Liberia• Electricity in the cities

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Advantages for Investing in Liberia

• Stable environment with the assistance of over 15,000 UN Peace Keeping Troops

• Inexpensive/Low Cost of Labor• Close to major markets in Europe Asia and America• Member of African Growth and Opportunity Act (AGOA)• The U.S. Dollar is a legal tender• Official Language is English

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Security

• The government guarantees adequate security and legal protection to all of its citizens and investors wishing to do business in Liberia.  Since 2005, security in the country has been maintained by a United Nations Peacekeeping Force.  And under this protection, the country has been stable to conduct commercial activities

 

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M&G Infinity Inc. Concession (94.9189 Acres)(120 Kilometers/80 Miles from Monrovia) 2 years of

research

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USGS Geological Survey of Liberia

• The United States Geological Survey (USGS) undertook to implement the program to determine the country’s diamond potential. A report released on 2nd November 2006 which was prepared by Dr. Charles H. Thorman and Dr. Karin O. Hoal entitled Geological Assessment of Liberia’s Diamond Producing Regions, Diamond Production Potential, & Review of Liberia’s Production History summarizes the following

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Concession• Production Area: 94.9189 Acres• Registration Identity: TIN # 423945001/ Flag Receipt # 447033• Valid Duration: 5 Years• Investors Protection: 45 day written notice to Ministry (comply with

requirements of section 82:4.• Renewal: Licensee must submit, not more than 120 days and not less

than 45 days prior to the end of the Initial Term.• Renewal Protection: If a Licensee believes that the Minister has failed

to approve a work program and budget that should have been approved under the standard set forth in Section 5.2(e), it may seek relief as provide in Section 18.

• Renewal Cost: extension of Concession under section 5.2 , $5,000 USD

(All Sections Comply with The Exploration Regulations of the Republic of Liberia: effective on and after March 2010)

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Qualified Geologist • Mr. Sumo S. Momolu, a Mining Engineer, was approached by M and G Infinity

Incorporated to prepare a technical report to the standards of NI 43-101 on its Lofa River Class B Mineral License located in western Liberia.

 • Mr. Momolu holds an advance certificate in Mineral Exploration and Resource

Evaluation from the Beijing University of Geosciences, the Peoples Republic of China. He is familiar with both diamond and gold exploration in Liberia, having worked some eight (8) years on several mineral exploration and alluvial mining projects around Liberia.

 • Some mineral exploration companies Mr. Momolu have worked with and performed

consultancy work for are, Diamond Fields International – Liberia, Liberty Gold Mining Company, Mano River Resources, Hummingbird Resources Liberia Ltd and Italgem Incorporated.

 • He is currently the Technical Manager of Earthcons Inc., Liberia’s premiere mineral

exploration, mining, environmental and geotechnical consultancy.

• Professionally he is a member of Liberia Association of Engineers, and a prospective member of the Society of Economic Geologist.

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Geologic Survey

• Exploration work conducted has largely been geochemical sampling which included regional and follow-up stream sediment sampling.

• The report includes the property location and description and geologic setting, historic overview of exploration for gold and diamond in Liberia, description of the exploration work conducted, and recommendation for exploration work.

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Geologic Survey Continued

• ExplorationA stream sediment sampling program was conducted in May 2010 to identify gold and diamond mineral potential targets, and an alluvial testing program was also conducted to test for the potential for an alluvial deposit. The testing program consisted pitting program..

• Stream Sediment SamplingGeochemical stream sediment sampling program on first, second and third order streams were conducted within M and G Infinity Inc. mineral property area. Heavy mineral samples were collected for kimberlitic indicator minerals and geochemical concentrates were collected for gold analysis.

 

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Figure 1: Heavy mineral sample showing kimberlitic indicators (ilmenites, garnets and Spinels)

Heavy mineral samples were sent to the Mano River Heavy Mineral Laboratory in Monrovia, where it was picked for kimberlitic indicator minerals. Testing ProgramThe testing program focused on the sinking of prospecting pit (locally referred to as “Bukuman” holes) within the licensed area. Gravel thickness observed during the pitting operation ranged between 1-5 meters and processed gravel produced both diamonds and its indicator minerals

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Table 1: Data log from stream sediment sampling and pitting programs

Sample ID UTM (E) UTM (N) Sample TypeSample Description/Comments

MGI-001307056 791594 Stream

Spinel and ilmenites with few reddish brown garnets

MGI-002 307222 791650 StreamSpinel and ilmenites with few reddish brown garnets

MGI-003 307355 791583 StreamSpinel and ilmenites with few reddish brown garnets

MGI-004 307266 791406 StreamSpinel and ilmenites with few reddish brown garnets

MGI-005 307421 791073 StreamSpinel and ilmenites with few reddish brown garnets.

MGI-006307122 791239 Pit

Blood red garnets + few diamonds (approximately 0.5carat)

MGI-007 307022 791140 StreamRounded to sub-rounded ilmenites with few garnets

MGI-008 306967 790951 PitIlmenites, blood red garnets and three pieces of diamonds

MGI-009 306860 791040 StreamSpinel, ilmenites + garnets

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Geologic Survey Continued

• The property is between latitudes 7º9’0’’N and 7º 9’30’’N, and between longitudes 10º44’30’’W and 10º45’00’’W, within the Archean Age Province of Liberia, where the rocks are approximately 2700 Ma; and known to host major economic mineral deposits in other areas of the world.

• Significant first phase exploration work program consisting of stream sediment sampling, pitting and laboratory analysis (heavy mineral picking) has been conducted to initially determine the mineral prospectivity and economic potential of the licensed area.

• Results from initial exploration activities indicate the recovery of gold as 2.5grams/ton and that of diamonds as 10-20carat/ton (1081.92carats/m3). Estimated alluvial gravel over the targeted area will amount to a volume of alluvial gravel of 331.2 million tons (1,325,186m3).

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Diamonds from M &G Concession inported to Switzerland from Geological study

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Conclusion of Geologic Survey

• Recent discoveries of a cluster of kimberlite pipes at Weasua and a gold mine at King George Lajor are evidence of the fact that Liberia is one of the few area in the world whose rocks have virtually not been explored geologically.

• This has encouraged M & G Infinity Inc. to obtain this mineral property for the purpose of discovering a world class alluvial mining project for diamonds

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Financial Projections and Resource Potential

• Western Liberia, where M&G has its concessions, has an abundance of high quality rough diamonds. The diamonds tend to be bigger, flawless, and also can be pink/salmon or yellow diamonds. M&G’s existing geologic surveys and future studies should confirm a high quality alluvial diamond resource base. M&G will be mining in the Grand Cape Mount County area that has, historically, led to the recovery of many high carat count diamonds of exceptional quality.

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Liberia’s Diamond Production Forecast

• Based on the findings presented herein, upon the lifting of sanctions, Liberia’s diamond production by artisanal diggers could approach 200,000 carats per year, and continue to increase slowly into the future and might attain levels realized in Sierra Leone

• On the basis of regional studies and current exploration results by companies, it is possible that kimberlites will be discovered in Liberia. Using the Koidu experience in Sierra Leone, production from a small, economic kimberlite could be more than 100,000 carats per year from a single deposit.

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M & G Diamond Sale Forecast

• Diamond revenues will depend on maximizing carats per month from mining throughput. Diamond sales will depend on access to top tier diamond tender and trading houses. M&G aspires to sell unique and rarer diamonds with an above average carat count, i.e. 5 carats to 10 carats. Recovery of rough diamonds greater than 14 carats is possible. M&G could strike profit sharing partnerships due to its higher gem quality potential when rough diamonds and special stones > 10 carats are certified, marketed, and sold. Overall, revenues will depend on several factors:

· Average grade per 100m3· Carats produced· Average carats per stone· Average price per carat achieved (USD)

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Mining Costs

• Cash costs for capital intensive alluvial mining averages between USD 2.50 to USD 3.00 per metric ton. This excludes depreciation and royalty fees. M&G will not scale to an intensive level of mining in its first 12 months. The initial 12 months will be a period of further geologic surveying, sampling and allocation of equipment to the most promising areas. The second year of operations should lead to greater scale and mining equipment intensity and recovery, but it should be lower than USD 2.50 per metric ton

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Contact Information

Please send the following documents to: [email protected]

1. Sign Non-Disclosure Agreement2. Send Letter of Intention

• If Letter Of Intention is approved,by M & G we will correspond with further steps to take!

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Thank You for your Valuable time!

Make Your Dreams a Reality!