INVESTMENT OPPORTUNITY
Mineralite is a mineral-rich sand discovered by Cedar Strat that could enhance plant growth on fields, green houses, nurseries, etc. Cedar Strat is helping interested parties stake up to ten mining claims each of the 1684 available claims that cover the Mineralite deposit. The reason for capping the number of claims to ten claims is to help the claimant qualify for the annual maintenance fee waiver for small miners with ten claims or less. The claims offer a tremendous potential return on investment. It costs $1000 to stake and file for the mineral rights on a 20-acre claim. It costs $500 annually to maintain the claim for claimants holding more than ten claims and $250 annually who qualify for the maintenance fee waiver as a small miner with ten claims or less.
A cubic yard of typical sand weighs about 1.35 tons. If only the first ten yards of all the 40,210-acre alluvial fan are mined, then the fan could produce 1,946,164,000 cubic yards (4,840 square yards/acre X 40,210 acres X 10 yards = 1,946,164,000 cubic yards) of Mineralite or 2,627,321,000 tons (1,946,164,000 cubic yards X 1.35 tons/ cubic yard) of Mineralite.
Each 20-acre claim is 96,800 square yards. If only the first ten yards are mined, then each claim could produce 968,000 cubic yards or 1,306,800 tons of Mineralite. If over a ten-year period only 1000 tons or about nine railcar loads of Mineralite are sold for $10/ton, the claim could generate $10,000 gross profit or $1000 annually. However, if the claimant pools his ten claims or 200 acres with the other Mineral Mountain Corp. (MMC) claimants and if MMC nets $1,000,000,000 then each claimant would receive $44,764.98 (200 acres/40,210 acres or 0.00497389 X 9% royalty = 0.000044765; 0.000044765 X $1,000,000,000 = $44,764.98).
NEED FOR REMINERALIZING AMERICAN SOILS
The cost food is increasing due to Putin’s war in the Ukraine and Biden’s war on oil and gas, and the quality of food is decreasing due to soil mineral depletion. Glacial dust deposited from continental glaciers eroding Canadian Shield potassium feldspar granitic rocks greatly enriched America’s midwestern breadbasket soils. However, intensive farming over a long period of time has depleted the essential mineral content of these once very fertile soils. Farmers are mitigating the resulting decrease in yield and crop quality by applying increasing amounts of nitrogen fertilizer to help their crops squeeze the last remaining minerals out of the soil. As a result, the cost of farming and the amount of pollution from nitric fertilizer runoff are increasing and the quality and yield are decreasing. Until the war in the Ukraine American farmers imported much of these fertilizers from Russia and the Ukraine. And, until the Biden Administration’s war on fossil fuels much of American nitrogen fertilizer came from American natural gas production. Because these two wars have created a world-wide shortage of natural gas the cost of artificial nitrogen fertilizer has increased to more than $1000/ton. This price increase will be passed onto the consumers while the quality of the food continues to decrease as the soil becomes more depleted with essential minerals.
Figure 1 The price of natural gas for the last twenty years.
Figure 2 The price for nitrogen fertilizers has recently risen rapidly.
The farmers in America’s Midwest breadbasket were already struggling to wring the remaining minerals out of their depleted soils by annually increasing the amount of expensive nitrogen fertilizer they put on their fields. However, rising costs of natural gas derived nitrogen fertilizers are forcing many farmers to cut back on the quantity of fertilizers they are applying to their mineral depleted soils. Cutting back on the amount of the artificial fertilizers is causing decreasing crop yield and in turn is causing food prices to increase even more. We can mitigate the fertilizer-crop yield-food crises by applying Great Basin Mineralite, an organic soil amendment, to America’s breadbasket soils and forests. Agronomists tells us animal and vegetation waste can provide a small portion of the needed fertilizers but most of the organic fertilizers will need to come from mineral sources like Mineralite.
MINERAL SANDS SOURCE
Dr. Chamberlain, who also has a degree in botany, discovered Mineralite using principles of geobotany that he learned while earning his master’s degree in geology at Brigham Young University. He observed the difference of healthy stands of native vegetation growing on the Mineralite alluvial fan and unhealthy, stunted, sickly vegetation growing on adjacent soil at a similar elevation. He quickly surmised that the Mineralite can be used to remineralize America’s farms that are depleted in essential minerals. Mineralite of the alluvial fan was eroded from a potassium feldspar granitic intrusive like the intrusives of the Canadian shiel d that provided mineral-rich glacial dust to America’s breadbasket. Erosion of the intrusive has already reduced feldspathic granite into fine sand having elevated concentrations of desired elements.
It is estimated that it will cost about $185/ton to ship Mineralite to farms in the Midwest. If Mineralite is sold for $10/ton, then the total cost to bring organic Mineralite to the midwestern farms would be about $200/ton or about 20% of the cost of polluting nitrogen fertilizers. Additionally, the organic Great Basin Mineralite also provides other essential elements needed to restore the depleted soils. The time is takes for the Mineralite grains to break down and release their elements into the soil or time-release, depends on the sand grain size. The larger the grain size the longer it would take for the grains to release their minerals. It could take several to ten years for the grains to release all their minerals. Therefore, not only is the original cost for Mineralite a fraction of the cost of nitrogen fertilizers, the timed release of elements from Mineralite grains eliminates the need to apply fertilizer annually. Furthermore, remineralized soils remineralized by Mineralite greatly increases the quality of the food produced.
Figure 3 Feldspathic granite intrusion is the source of Mineralite that supports healthy stands of native vegetation.
MINING CLAIMS
33,680 acres of the 40,210-acre alluvial fan of Mineralite is managed by the US Department of Interior Bureau of Land Management and appears to be open for location, which means the mineral rights can be acquired by staking mining claims. The 1872 mining law allows for any American citizen to stake claims on federal lands where there are locatable minerals and where the land in open for location. It will take 1,684 claims (33,680 acres/20 acres per claim) to gain control of the entire deposit. The cost to stake and file each 20-acre claim is $1000 and the cost of the annual assessment to maintain the claim is $250 for a small miner. A small miner is one who owns 10 claims or less. Otherwise, it costs $500/claim for one who owns more than ten claims for the annual assessment expenses.
RETURN ON INVESTMENT
Mining only the first ten yards of the alluvial fan on the 33,680 acres (each acre is 4840 square yards) of staked federal lands would yield 1,630,112,000 cubic yards (33,680 acres X 4,840 square yards/acre X 10 yards) or 2,200,651,000 tons (1,630,112,000 cubic yards X 1.35 tons/cubic yard) of Mineralite for sale. If Mineralite sells for only $10/ton then the gross profit from selling the Mineralite on all the claims would be $22,006,510,000. Cedar Strat is offering to assist interested parties in acquiring up to ten claims each in exchange for a commitment to lease the claims to Mineral Mountain Corporation. If Mineral Mountain Corporation leases the claims from the claimants with an annual rent of $10/acre or $200/claim it would cover most of the annual assessment maintenance cost. If all the claims are pooled together and if Mineral Mountain Corp nets $1,000,000,000 then each claimant would receive $44,764.98 (200 acres/40,210 acres or 0.00497389 X 9% royalty = 0.000044765; 0.000044765 X $1,000,000,000 = $44,764.98). Mineralite could be sold for more than $10/ton and more than 100,000,000 tons of the 2.2B tons available could be sold. However, if no Mineralite is sold then those who invested in the claims will receive no return on investment.
COMPETITION
Azomite Minerals Company (https://azomite.com) has been providing an organic mineral fertilizer from a small outcrop of volcanic ash about 25 miles south of Nephi to gardeners since the early 1940’s. Their product is like the alluvial Mineralite Cedar Strat discovered. However, because they must mine the material from solid rock and ship it 25 miles to their Nephi processing plant where they crush and grind the material into dust, they must cover those mining, transportation, processing costs when they set their price to about a dollar a pound or $2,000/ton.Also, Rocky Mountain BioAg sold Excelerite, another organic mineral source from Tertiary lakebeds north of Panaca, Nevada. Before it went out of business the company was selling it for $6.29 for two pounds or $6,290/ton. Like Azomite, Excelerite had to be mined, crushed, and transported to their Las Vegas plant for processing. Las Vegas is 165 miles from Panaca. Here is a table showing the concentrations of elements in the three mineral sources according to analyses by Azomite Minerals Company for Azomite, Rocky Mountain BioAg for Excelerite, and Cedar Strat for Mineralite:
However, XRF analyses of the three sources show different results. They Azomite has the most potassium (45,467.62 ppm or nearly three times Excellerite and 7,000 more ppm than Mineralite) and phosphorous (915.06 ppm or double Excellerite and 200 more ppm than Mineralite). However, Mineralite has 2,832 ppm magnesium while both Excellerite and Azomite are below detection limits. Mineralite also has double (548 ppm) the amount of manganese than Azomite (282ppm). And it has three times more iron than the Azomite and Excellerite samples. The samples have similar concentration of other trace elements.
ANALYSES
54 samples were collected on the alluvial fan for XRF analyses. Each sample was screened with 3 (0.25 in opening), 8 (0.097 in opening), and 16 (0.0469 in opening) mesh screens. We chose to analyze the finest or 16 mesh sample with the XRF analyzer.
Figure 4 Geologist Larry McMaster sieving Mineralite from the alluvial fan for analyses.
Here is the result of the analyses:
Ten of the samples were sent to Ward Laboratories for confirmation of the XRF analyses. The Nebraska Ward Laboratories confirm the XRF analyses and show elevated concentrations of phosphorous, potassium and trace elements in Mineralite that are necessary to remineralize the midwestern soils.
Here are the results of the analyses:
NEW COMPANY
The New Company will market Mineralite. A president will be selected soon. Some of his responsibilities will include interfacing with American farm cooperatives to introduce Mineralite to the farmers.