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Mongolia Tin Mining ProjectAmerilangui Ujin

2009.

Amerilangui Ujin, a Mongolian and American Company

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Amirlangui Ujin LLC.

I. Mongolia Tin Project: Summary

• Phase I

To build and operate 500 ton per day tin ore processing plant and mining operation by 2010. At 500 ton/d still profitable

Raise 15 million USD to start construction of mining and processing plant.

Phase II

Start 2,000 ton ore per day production by 2012. Capexp= 45 Million USD.

Objective

Project scheduleGeneral prospectingTest drillingDetail Geological surveyOre body studyGeophysics and toppology Hydrology studydetail DrillingMetalogical studyEssays laboratory testFeasibility studyRaise fundPlant and mine constructionStart production

1981-1989 2007 2008 1st 2008 2nd 2009 1st 2009 2nd 2010 1st 2010 2nd 2011 1st

Current time

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•Over 57,000 tons of tin deposit

•Over 7,300 ton of confirmed tin deposit

•Potentially over 175,000 ton of tin deposit

•Average tin content 0.84% 4043X license

•7 year income summary 500 ton ore per day at $12,000/ton tin

7 year

Summary Figures are in US dollar

Item unit totalOre Grade Tin 0.84%Metal recvry w/ dilution + loss tin 80%Payable Metal sales ton 8299

Gross revenue frm metal sales $114,737,915Operating cost $35,194,221refining charge from smelter $5,870,669Net profit before interest and depreciation $73,673,025initial capital expenditure $14,938,807

Net profit before tax $62,209,292

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A. Proven High Tin Content Deposit. 0.84%. The industry average is 0.2% to 0.4%. This makes our project very competitive .

B. Big Deposit of 175,000 ton of total tin. Enough deposit to make operation run for 34 years at 2,000 ore ton per day plant.

C. Stable high market price of tin at $12,000 per ton to $15,000 USD per ton.

D. High profit margin. 71% pretax profit margin at price of $15,000/ton and 64% pretax profit margin at $12,000/ton.

E. Low production cost of tin at $24/ton of ore compare to other metals.

Critical Success Factors

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II. Geological Studies History of 4043x license

1981-1989 Soviet/Russian team found tin and did extensive drilling and study.

The Russian report indicate 57,000 ton of tin

2007 Amirlangui Ujin Acquired the license 4043X.

Topographic study done March 2008.

Geophysics done with team of 10 geologist and scientists. The completion of the geophysics study confirmed geology and deposit of tin.

Drilling/Trenching program will involved study of 2 major section .

24 holes drilled. Total of 3000 meters drilled.

22,000 cubic meter of trenching

Drilling/Trenching period June/July - October/November 2008.

Partnered with Micromine/ACA Howe Australian consulting firm to prepare a feasibility study as well as supervise drilling program.

JORC standard resource estimate and independent audit done by Micromine/ACA

Mining license approved by the Government of Mongolia. July 2009

A.C.A. Howe/Micromine is a prominent geological consultant company in Australia with portfolio of projects throughout the world helping public and private exploration companies. Recent successful projects are:

Arian Silver Corporation (AIM Listing); Mexican silver exploration

Claude Resources Inc (Toronto Stock Exchange); Seabee gold mine

Dwyka Diamonds (AIM Listing); Various South African alluvial diamond mines

Eurasia Mining plc (AIM Listing); platinum and base metal deposits in the Urals

nickel producer, Tati nickel operations Botswana

Mano River Resources (AIM Listing); gold, base metal and diamond exploration projects in West Africa

Murchison United plc (AIM Listing); Renison tin mine, Tazmania

Navan Mining plc (full listing on both the London and Irish stock exchanges); Base metals and gold in Spain and Bulgaria

Pan African Resources (AIM Listing); Gold exploration in Ghana and Mozambique

Pan Pacific Aggregates (AIM Listing); Canadian aggregate development

Shore Gold (Toronto Stock Exchange); Diamond development in Saskatchewan, Canada

Sierra Leone Diamond Corporation (AIM Listing); Diamond exploration

Triple Plate Junction (AIM Listing); Vietnam Exploration

Wescan Goldfields Inc (TSX Venture); Gold exploration in Saskatchewan, Canada

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III. Geology of 4043x license. Size=2.5km by 3.5km

Area Map with 10 major Ore bodies. Four section A, B, C, and D

Section A

4 major ore bodies

Section B

4 major ore bodies

Section C

1 major ore bodies

Section D

1 major ore bodies

See the detail view of section A and B ore bodies on next page

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IV. Drilling and Trenching Project 2008

On 2008 3000 meter of drilling were done :

Only 1 of 10 major ore bodies drilled. See #3 ore body below on the graph.

Depth of only 100 meter drilled with ore bodies extending down to 400 meter.

Results are 7,300 ton of confirmed tin with only 100 meter dept drilling.

Average grade of 0.84% of tin content which confirms Russian results of 0.78%

Current estimate of resource at 175,000 ton of tin for combined 10 major ore bodies.

Drilling Trenching Results

The above picture indicate the area of 3000 meter drilling took place.

24 drill holes

100 meter deep

So less than 5% of the ore bodies were drilled considering 400 meter deep ore bodies.

Section A

4 ore bodies

Section B

4 ore bodies

1

2

3 4

1 2

3

4

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3D ore body. Half of Section A. blue line in drilled section

All 10 ore bodies can be VISUALLY SEEN from the surface

Over 1000 surface ore body samples were taken which indicate same tin content and same structure as the one that was drilled.

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Trenching detail

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Drilling Trenching

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Drilling Trenching

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V. Mongolia Tin Project

A. Proven High Tin Content Deposit(0.78% - 0.84%). According to current 3000 meter 2008 drilling program average content of 0.84% was revealed. The 1981 – 1989 Russian study revealed 0.78% average tin grade which confirms our study. The industry average is 0.2% to 0.4%. This makes our project very competitive .

Critical Success Factors

C. Stable high market price of tin at $12,000 per ton to $15,000 USD per ton Currently at $15,000 per ton.

B. Resources.Our 2008 detail drilling and trenching study revealed proven 7,300 ton of tin with only 5% of total ore bodies drilled. The Russian study revealed 57,000 ton total tin resources which confirms our own study. When calculated for the 100% of the ore bodies, 175,000 ton of total tin calculated. Enough deposit to make operation run for 30 years at 2,000 ore ton per day plant. Possible 250,000 ton of tin resources.

p r o v e n b y C u r r e n t D r i l l i n g p r o g r a m

R u s s i a n S t u d y E s t i m a t e

C u r e e n t S t u d y R e s e r v e E s t i m a t e

T o n o f t i n 7 , 3 0 0 5 7 , 0 0 0 1 7 5 , 0 0 0

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V. Financial Projection Detail

First 7 year detail financial summary

500 ton per day operation at $12,000/ton

7 year Pro-forma Income Statement

Revenue year 1 year 2 year 3 year 4 year 5 year 6 year 7ore prcd tn 155000 180000 180000 180000 180000 180000 180000tin prcd tn 1042 1210 1210 1210 1210 1210 1210Revenue us dollar $12,499,200 $15,182,899 $15,881,313 $16,611,853 $17,375,998 $18,175,294 $19,011,358

Cost of SalesMining cost per ton

$14.16 $2,195,496 $2,549,608 $2,549,608 $2,549,608 $2,549,608 $2,549,608 $2,549,608$14.16

Mill cost per ton$11.04 $1,711,209 $1,987,210 $1,987,210 $1,987,210 $1,987,210 $1,987,210 $1,987,210

Marketing and sales cost per ton200 $208,320 $241,920 $241,920 $241,920 $241,920 $241,920 $241,920

Transportations and logistics per ton145 $302,064 $350,784 $350,784 $350,784 $350,784 $350,784 $350,784

Smelting charge per ton of concentrate. At 50% tin$250

Actual tons ship to smelter - ton 50% tin2083.20 2419.20 2419.20 2419.20 2419.20 2419.20 2419.20

Total Smelter's charge$520,800 $604,800 $604,800 $604,800 $604,800 $604,800 $604,800

Base Grade deduction from Smelter1.50% $187,488 $227,743 $238,220 $249,178 $260,640 $272,629 $285,170

Income before interest and depreciation

$7,373,823 $9,220,834 $9,908,771 $10,628,353 $11,381,036 $12,168,343 $12,991,865Interest paid for loanPrinciple $0 $0 $0 $0 $0 $0 $0Interest $0 $0 $0 $0 $0 $0 $0Income After Interest

$7,373,823 $9,220,834 $9,908,771 $10,628,353 $11,381,036 $12,168,343 $12,991,865

Depreciation $1,878,758 $1,878,758 $1,878,758 $1,878,758 $1,878,758 $1,034,972 $1,034,972

income before tax $5,495,066 $7,342,076 $8,030,013 $8,749,595 $9,502,278 $11,133,371 $11,956,893

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V. Financial Analysis

The Narsen Khondlen deposite has very HIGH tin content 0.84%

Tin is easily extracted

Historically tin price average around $15-16,000 dollar per ton and last year it was as high as $24,000 dollar per ton. Currently it is around $11 -$12,000 dollars per ton

Price fluctuation and profitability

The Narsen Khondlen deposite can be profitable up to $6,000 ton per ton.

Worst case scenario is at $7,000 dollar per ton which was the lowest price point. See summary below.

In worst case scenario where we assume tin price at $7,000 for continuing for 7 year we still have profit before tax of $15 million US dollars.

500 ton per day processing plant

7 year





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V. Financial Analysis – Phase I, 500 ton per day operation7300 ton tin reserve

$15,000 per ton and $20,000 per ton

At $20,000 per ton the net profit before tax is 137 million US dollars.

At $15,000 per ton the net profit before tax is 90 million US dollars.

$20,000 per ton

$15,000 per ton

7 year





7 year





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V. Financial Analysis Phase II, 2000 ton/day 30 years175,000 ton tin reserve

$20,000 per ton

$15,000 per ton

30 year


Item unit totalOre Grade Tin 0.84%Metal recovery to Concentrate tin 90%Payable Metal sales ton ton

Gross revenue frm metal sales $1,988,023,218Operating cost $330,699,847refining charge from smelter $81,943,848Net profit before interest and depreciation $1,575,379,523initial capital expenditure $38,214,898

Net profit before tax $1,494,032,369

$12,000 per ton

30 year

S um m ary F ig ures are in U S d o lla r

Item u n it to ta lO re G rade T in 0 .84%M eta l recove ry to C oncentra te tin 90%P ayab le M eta l sa les to n ton

G ross re venue frm m eta l sa les $2,485,0 29,022O p era ting cos t $ 330,6 99,847re fin ing charge fro m sm e lte r $89,3 98,935N et p ro fit be fo re in te res t and deprec ia tion $2,064,9 30,240in itia l ca p ita l expend itu re $38 ,214,898

N et p ro fit be fo re tax $1,983,5 83,087

30 year

S um m ary F ig ures are in U S d o llar

Item u n it to ta lO re G rade T in 0 .84%M eta l recove ry to C oncentra te tin 90%P ayab le M eta l sa les to n ton

G ross re venue frm m eta l sa les $3,313,3 72,030O p era ting cos t $ 330,6 99,847re fin ing charge fro m sm e lte r $ 101,8 24,080N et p ro fit be fo re in te res t and deprec ia tion $2,880,8 48,103in itia l ca p ita l expend itu re $38 ,214,898

N et p ro fit be fo re tax $2,799,5 00,949

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VI. Mining Development

Procedures

MiningMining

Gravity SeparationGravity Separation

CrushingCrushing

Final ProductFinal Product

Tin Tin ConcentrateConcentrate

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VI. Market

b. World Production of tin

According to USGA There were about 325,000 tons of tin produced in 2008.

Tin consumption is increasing at 5-8% per year for the last 6 year.

Demand(consumption) for tin was higher than what the world produced, leading to stockpiling and recycling of tin. See the following page for tin consumption.

One of the major factor in tin consumption is the tin based electronic soldering which is replacing lead-based soldering.

Top 10 producers of the tin produce 80% of the total output

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VI. Market

World usage

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Contact

Amirlangui Ujin Mining/Logilinx

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Nisora Tower 802 Tokyo Street

1 hr hoo Bayanzurch District

Ulanbataar Mongolia

+976 9696 1965

[email protected]

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3943 Irvine Blvd #113

Irvine CA 92602

+1 714 338 6197

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