GUINEA IRON ORE/BAUXITE/SILICA MINING

OWNER- SKY ALLIANCE RESOURCE GUINEA (SARG) – JOE BANGOURA/NEED, INC/NEED CAPITAL

MINERAL ESTIMATES ARE 1.1 BILLION METRIC TONS EACH OF BAUXITE, IRON ORE AND RARE EARTH

TOTAL FUNDING NEEDED FROM THIS PROJECT IS US$1,106,700,000, NEED CAPITAL IS ADVISING AND ALSO IN THE POSITION TO ARRANGE SECURITY FOR THIS PROJECT TO SECURE FUNDING FROM ITS POTENTIAL INVESTORS.

Details of projects is below.

PROJECT COMPLETION:   4 Years

IN GROUND ASSETS

RE: Canadian Instrument NI43-101

1.1 Billion Metric tons of Bauxite

1.1 Billion Metric tons of Iron Ore

1.1 Billion Metric Tons of Rare Earth

Dollar Value is based upon current market process which fluctuates.

DOCUMENTATION

  • JV Agreement
  • Law firm agreement
  • SARG Executive Summary, SARG/WAIO Business Plan
  • Canadian Instrument NI 43-101 by SRK Consulting (UK) validating 1.1 Billion tons each of Silica, Iron Ore and Bauxite

MINERAL VALUES

  • Iron Ore ($87+) - Bauxite ($300+) - Silica ($30+)

LOCATION

  • N’Dougou and AWA Plateau 100km SE of Conakry, Guinea

INVESTMENT TO DATE

  • $23,000,000 through Shares sold on Toronto Stock Exchange

This project is to be completed in phases over a 4 year period:

Phase 1: $2,500,000 Immediate Need:

  • (Legal Fees, Taxes, License Renewals, Employee Salaries, Operations, Security, Office, Housing)

Phase 2: $3,500,000 Month 1 -3

  • (Bankable Geological Feasibility Report, Geos Technology set up

Phase 3: $30,000,000 QUARTER 4 - 2020

  • To complete the PEA, ESIA, BFS, mining, infrastructures engineering and designs, to continue exploration and resource definition on the company’s other deposits such as Awa, and pursue a geographic diversification strategy.

Phase 4: $30,000,000 QUARTER 1 - 2021

  • To secure the license to use the proprietary technology.

Phase 5: $50,000,000 QUARTER 3 - 2022

  • To acquire the exclusivity in the GCC countries.

Phase 6: $460,000,000 QUARTER 4 - 2023

  • Infrastructure Works: Rail, Dredging, Full Line Operations, Mining Process to 5Mtpa high grade concentrates, main minerals Smelter Grade Alumina @98.5% AI2O3, Iron Ore @69% Fe, Silica @100% SiO2 (for semi-conductor sector) and by products.