DECORATIVE STONE AND AGGREGATES

We have entered into a contract that provides JC Rock, LLC with the right to remove waste rock from the Johnson Camp property. JC Rock, LLC pays us $1.00 to $1.50 per ton, depending upon the type of rock product removed. The waste rock is ultimately used for aggregate and landscape purposes.

 

LIMESTONE TEST

We are currently providing, at no expense to the Company, a 50,000 ton bulk sample of high-purity limestone from the Johnson Camp property to Arizona Portland Cement for use in a test at their Tucson, Arizona Portland cement plant. The purpose of the test is to confirm the suitability of limestone sourced at Johnson Camp for use as a raw material in the manufacturing of Portland cement.