Chapter 590: Give Sam a platform

"Tyrant, according to our preliminary survey for more than a month, it has been determined that under this one hundred and fifty square kilometers of desert, there is a super giant copper ore vein!" In a fairly well-decorated board room, John. Mackenzie said as he pointed to the large, large-scale inscription.

"According to the results of the initial survey, there is a copper-gold ore body with a length of 12 kilometres and a width of about 10 kilometres in an area approximately 20 metres below this land. It is a porphyry copper mineralized zone trending northeast and southwest, and the main metal minerals are bornite, chalcopyrite, chalcocite and associated gold and platinum group metals. ”

John. Mackenzie's tone was very excited, and it was clear that the value of this vein was more than he could have imagined. "The secondary enrichment zone in the middle of this vein is dominated by bornite, chalcopyrite, chalcocite and a small amount of copper blue, containing 1.7%-8.2% copper, with an average copper content of 3.8%, of which bornite accounts for 75%, chalcopyrite accounts for 20%, chalcoccite accounts for 5%, and the rest is pyrite and copper blue and a small amount of gold and platinum group metals."

"In this mineralized zone, the average copper content of the entire orebody is 3.8% copper at a cut-off grade of 0.5% copper at a control depth of 400 meters, of which copper ore reserves containing more than 3.8% copper are estimated to exceed 2 billion tonnes, and the copper reserves of the entire orebody are estimated to be more than 70 million tonnes!"

Although the executives present already knew this number, after hearing this almost impossible number again, the executives still clenched their fists excitedly one by one.

"In addition, there are unknown quantities of precious metals in this mineralised zone, and we have only found associated gold and platinum group metals on one side of the vein zone, albeit at a very high grade, although we intend to do so for some time to come. Continue a careful survey of the area where the associated precious metals were found in an effort to make the most accurate judgment on that area. Because that area also happens to be the area with the highest copper ore grades, if it can be proven that there are associated precious metals with industrial mining value, then we need a set of precious metal concentrators and refineries. ”

Tang Feng stood up and walked over to the large map, which was a detailed map of the 150 square kilometers of desert, and its level of detail was almost no different from that of a military map. The contour lines are all at the level of 10 meters, and they are drawn in great detail.

"John, where did you say that associated precious metal appeared?" Tang Feng asked.

John. Mackenzie lit a spot with the small laser lamp in his hand, Tang Feng touched his chin and looked at it and said, "After the meeting is over in a while, you accompany me to that place to have a look!" ”

John. Mackenzie's face was overjoyed and he nodded repeatedly.

After Tang Feng sat back in his seat, John. Mackenzie continued: "Tyrant, according to your orders, the situation at this copper mine is now in a state of absolute lockdown. The only people who know about the situation of this copper mine are the managers and Mr. Mendez, who flew over some time ago to inspect it, and I told him the news about this copper mine. ”

Tang Feng nodded, he knew about this matter, no wonder Sam this guy was not going to invest in the Agada Bay oil and gas field this time, it turned out that this guy had invested his money in this copper mine.

It is true that Sam has a 30% stake in Down's Mines, but that's only Down's Minerals' stakes in the Beaumont Fields and Gravina Gold Mine. Like these mines that Tang Feng found later, if Sam wants to continue to occupy the shares. He had to invest money. This is also why the St. Lawrence Copper Mine only asked for 15% of the shares, because Sam's funds were not too easy at that time, and in order to maintain the absolute controlling stake in Tang Feng's hands, Sam took the initiative to ask for 10% less shares.

This is still the case at the Arica Copper Mine, and Sam has been on the phone with Tang Feng after learning about the reserves of this copper mine. Aiming for a 15 percent stake, Sam would need to pay about $3 billion for that. Of course, this amount of money is definitely very cheap, and the cheapness is simply outrageous. But this is the number that Tang Feng and Sam agreed on at the beginning. Sam can take up to 30% of the newly discovered mine at the best price, and if Sam wants more shares, then he will need to come up with the same amount of money as the outside world to get additional shares.

And Sam seems to be more interested in copper and gold mines, otherwise he would not have put a stake in the Anegada Bay oil and gas field project, but only a stake in the Arica copper mine. Even if Tang Feng had made it clear to Sam that the Anegada Gulf oil and gas field was likely to be a super-giant oil and gas field with reserves of more than 14 billion barrels, Sam had no intention of asking for a stake in it.

In fact, Tang Feng knew very well that it was Sam who understood the relationship and took the initiative to ask not to take the shares of the oil and gas field.

Sam is well aware of Tang's character, that is, to maintain a controlling stake in all the mines under his name, and the stake in the Anegada Gulf oil and gas field is now almost clear, Mr. Sigman, by virtue of that land and his local connections, occupies 10% of the shares of the Anegada Bay oil and gas field, and ExxonMobil, which has invested at least $5 billion to build a modern large-scale oil refinery and an oil port terminal, is to occupy 20% of the shares, then there is still 70% of the shares, if he wants, Tang Feng will not be able to occupy an absolute controlling stake.

The Arica Copper Mine is different, except for Tang Feng and himself, there is no one in this copper mine who holds a stake at all, so Sam will ask for a 15% stake in the Arica Copper Mine.

Sam is content with the changes he has made in the past two years, and Sam is not the kind of person who is insatiable, he knows how to make trade-offs, and knows what to ask for and what not to reach. As long as you cooperate with Tang Feng well and take care of all the things behind Tang Feng, then your wealth is absolutely indispensable.

And the facts also proved Sam's judgment, in just two years, Sam jumped from a working boy to become one of the richest people in the United States, and the reason why he was able to do this is because he abides by his duties, he only needs to do his own job, and the rest is naturally handled by Tang Feng, the best partner.

Sam is very glad that he was able to agree to work with Tang Feng at the beginning, and he still remembers what Tang Feng said at the beginning: "Sam, we are good brothers, in a word, do you want to do this job?" You get 30% of the stuff you dig up, but you're responsible for finding the auction house and selling it all the time! ”

At that time, Sam didn't expect that a sentence similar to a joke would be able to make him have the net worth he has today. Tang Feng is a good fellow, he can still abide by the joke of the year after he is developed, so why can't he know how to choose?

It is precisely for this reason that Sam has always cooperated very well with Tang Feng, which is what Tang Feng admires most about Sam.

"John, Sam knows about this, he has told me, and Sam has the right to know about things here. Don't forget, he is my partner and a major shareholder of Tang's Mining! At this time, Tang Feng had to stand up for Sam to highlight Sam's status. (To be continued.) )