Eric K. ekgoldmining@hotmail.com

Investors wanted

Alidil S.A is a legally constituted mining company affiliated to Guayaquil’s Mining Chamber of the Guayas province that has been granted by the State.

The company owns alluvial gold mining concessions in Ecuador.

The mining concession title of the sites are named

- “El Placer-1” (approx. 1.451 hectare, Excutive Summary available), Prov. Pichincha.

- “Yaira-1”      (approx. 1.500 hectare, in exploration), Prov. Pastaza.

Alidil S.A. is owned 100% by European people and under its management with aprox. 40 years experience on the local market. Some of our managers have already many years of mining experience all over the world

Alidil S.A. has concentrated its exploration capacity in central part of the western flank of the Cordillera Occidental (Western Andes Chain). In this way, it has been able to establish that the best targets/sites to develop a gold-placer exploitation project are located in the hydro graphic basins of the Quevedo river/drainage system from elevations 100 to 300 m.a.s.l., where broad terraces of alluvial material (with a gold content of over 0,3 g/m3) with bed thicknesses exceeding 5 m, besides from the gold-bearing gravel in the current riverbed, can be found.

We are looking for seriously interested investors to join the exploration and the development of an extraction mining program in the concessions in Ecuador.

For seriously interested investors (we will make a background check) we provide a EXECUTIVE SUMMARY what we are able to send (to your office, or personal. Not to a P.O. Box) to you after signing a Confidentiality Agreement with Alidil S.A.

Please contact us if interested for more informations.

A.Rytz (General Manager)

E-mail: arytz@gye.satnet.net

Geology and mining history

The formation of the Andean Cordillera results from the convergence of the Nazca and South American tectonic plates. This geologic activity is responsible for the earth crust’s folding, fracturing, and uplift, and for the associated magmatic activity which continues nowadays. The magmatic activity originated hydrothermal processes that allowed the formation of metallic ore-bearing bodies pirncipally through the movement and precipitation of mineral-enriched solutions. Ecuador’s mining activity dates from pre-columbian times. In the northern coast of the country, native inhabitants dominated the wax technique in gold and platinum metallurgy. Historic documents account for the great fortune acquired by the Spanish crown through the gold objects that the Incas crafted. This richness converted Spain in an economic world power during times of Spanish conquest and domain over the Southamerican continent. Up to now, mining activity in the country has been developed only to the level of small and artisanal mining in areas known to be mineral-bearing from long ago. These areas have been re-discovered and re-exploited with no special order, technical consulting or economic planning of any kind.

 Gold mining in Ecuador

Two exploitation methods are developed in Ecuador: open-pit mining and tunneling. The method to be used is conditioned by the mineral body’s genetic type:

 Primary deposits

 Secondary deposits – gold placers

 Primary deposits Are located in rocks submitted to hydrothermal processes derived from magmatic activity. The most known deposits are: Toachi, Macuchi, Santa Rosa and Junín in the central-northern part of the Cordillera Occidental; San Bartolomé, Peggy and Pizhlum in the southern part (Azuay province); Aguas Calientes, Shumiral, Ponce Enríquez, San Gerardo and Río Chico in the south-western part of the Cordillera Occidental; Portovelo, Zaruma, Valle Hermoso, Santa Rosa, Pasaje, Uzhcurrumi and Dumarí in the El Oro province; Nambija, San Luis, Tunantza, Chinapintza, Conguime and Sultana in the south-eastern part of the country (Zamora Chinchipe province). From the information above, it can be seen that gold-bearing deposits of economic interest are located mainly in two geologic settings: Occidental flank of the Cordillera Occidental (Western Andean Chain): in volcano-sedimentary beds of the Macuchi Formation, specially where the volcanic strata have been affected by magmatic intrusions rich in hydrothermal fluids that transport metallic elements. Amazonic Rise (Sub-andean region) in the south-eastern part of the country: where also occurred a metasomatic process that originated a skarn containing metallic- (mostly gold-) bearing pockets.

 Secondary deposits – gold placers

 The hydraulic erosion that the river’s running water exerts on the rocks in their river beds, reduces them into small particles that are transported/mobilized downstream in suspension or rolling. These are later deposited in basins where water velocity is reduced, thus allowing their settling and/or precipitation and the formation of sedimentary deposits. This is the process of gold-placer deposits formation. The Andean rivers cut through primary mineral deposits located in the rocky massifs that make up the heart of the mountain chain, reducing them into boulders and pebbles that are transported by the running water and deposited downstream in different types of natural traps. Exploitation – ore extraction activity Exploitation of the gold-bearing gravel begins after evaluating the deposit and determining the economic feasibility of the project. The evaluation of the deposit and the feasibility study indicate the limits/parameters inside which the mineral exploitation and benefit processes must be executed.

These parameters concern/refer to:

 Access facilities

 Characteristics of the deposit (type of accumulation tramp)

 Geomorphology

 Total exploitable surface

 Thickness of the gravel bed

 Logistic facilities

 Human Resources

 Social conditions in the explotation zone and its surroundings

 Land ownership

 Water availability

 Energetic resources (mainly electricity)

 Basic public services (sewage system, roads, etc.)

The technical indexes determine the equipment (machinery) needed for the extraction process and the required capacity. All these conditions determine the project’s final feasibility. The extraction process can be summarized as follows:

 Extraction of the gold-bearing gravel Equipment employed directly in the extraction process:

 Diggers of great power and long arm-reach.

 Classifiers that separate the fine and coarse fractions through water.

The order of steps to follow:

 Separation and recuperation of the coarse fraction.

 Concentration and recuperation of gold in concentration equipments.

 Melting of gold and elaboration of gold bars.

 Transportation and sale of gold bars.

 Environmental rehabilitation.

 Legal Framework Ecuador’s State, through the Mining Law in force in the country, grants mining concessions to natural persons and juridic entities for a maximum period of 30 years. Mining concessions are considered legally as real-estate properties, capable of undergoing mortgage, transfer, renting/leasing, association, sub-contracts, and other legal procedures. It grants the mining title holder and its associate(s) legal warranties through all legal applications in force in the country’s Constitution.

Generalities about the country Ecuador is located in northwest South America. It presents four major natural regions, each one with its particular climatic conditions, land reliefs, and natural habitat. In the continent these are, from west to east:

 Litoral Region or “Costa” Located in western Ecuador, it is composed mainly of large plains and low elevations that do not exceed 500 m.a.s.l. (meters above sea level). Long beaches bathed by the warm waters of the Pacific Ocean at this latitude (Equatorial line) are present through most of the coastline and constitute a major touristic attraction.

 Andean Region, Highlands or “Sierra” Occupying the country’s central part, this region is composed by the Andes Cordillera (mountain chain) with its two branches:

 The western Cordillera Occidental and the eastern Cordillera Real or Oriental, and by the interandean corridor located between them. The mountain chain crosses Ecuador in a north-south direction, making up the country’s “backbone” and constituting the Circum-Pacific’s Ring of Fire with 5 currently active volcanoes and an intense seismic activity.

 The land relief is mountainous, with steep slopes and large rivers that flow into the coastal and amazonic regions. Oriental or Amazonic Region Located in the eastern part of the country, it encompasses the broad amazonic plain with its large rivers and exotic vegetation and, to its center and southern parts, several sub-cordilleras paralels to the main Andes chain; these are known as the Amazonic Rise, Amazonic Chain or Sub-andean Region.

 Oil exploitation is its main economic income source.

 About 1.000 Km to the West of the continent is Ecuador’s insular region:

 The Galápagos Islands.

 They have been declared Humankind’s Patrimony for its rich, unique fauna and vegetation. It is during his visit to these “enchanted islands” that Charles Darwin conceived and developed his Theory of Evolution of the Species. Nowadays, it constitutes a national park and a marine ecological reserve.

Specific Gravity Test HOW MUCH GOLD IS IN THAT LUMP OF QUARTZ?

Fair enough question, we know the weight in air, we can determine the weight in water and the rest just follows physics. The specific gravity of gold is known, the specific gravity of quartz is known, chuck it all into a formula and presto, the result is ready. Well not quite, in nature gold is never pure and quartz can have all sorts of other impurities included so the results are never exact. Over many years of tests, personal observations have shown that the actual gold content is generally more. In fact up to 10% more gold than the calculation shows. You will only know for sure after breaking up the specimen and dollying it up and panning it off. You would not do this to a beautiful one of a kind specimen but to get an approximate idea on its value this formula comes pretty close (maybe add that 10%).

Specific gravity test for gold How much gold is in the specimen?

Gold Content Calculation with Electronic Scales Instructions for a specific gravity test using electronic scales.

• Select scales with enough capacity and accuracy

• Weigh specimen normally (in air)

• Weigh specimen in water You will need:

• Electronic Scales

• Stick and narrow board

• String

• Container of water

• Specimen Weight of specimen in water The Set-up

• Place Scale on a narrow board over a table edge, secure firmly.

• Have the scale protruding over the table edge

• Weigh your specimen first and note it down, (dry weight).

• Tie a string to a stick on either end (to tie the specimen to).

• Place stick centrally on the scale with the string loop hanging down.

• Zero out the scale with the stick arrangement on the scale.

• Tie specimen to string loop.

• Hang specimen in water container so that it is totally submerged.

• Weigh your specimen and note it down, (wet weight).

Why Ecuador?

 The first question usually asked by prospective investors is "Why Ecuador? Why are you exploring there?" Besides being what we believe to be superlatively prospective and unexplored, Ecuador has in recent years done much to foster foreign investment in the mining industry. Ecuador is a fairly small country - slightly smaller in size than the US state of Nevada.

 It straddles the Andean Mountain chain and has several major ports on the Pacific coast. Population is approximately 13.5 million people. The major export is oil, followed by bananas, shrimp, and cut flowers. Major investments have recently been made by foreign oil companies.

 The Oleoducto de Crudos Pesados Trans-Andean oil pipeline project is now complete and is transporting crude to the coast for shipment overseas. The US$1.2 billion, 500 km long pipeline project is 31.4% funded by Canadian interests. Opportunity knocking In 1998 and 1999 the El Niño weather phenomenon struck Ecuador hard, devastating the banana crop and the estuarine shrimp fishery.

As a result, an Argentine-type banking crisis ensued during which 7 banks failed and the value of the Ecuadorian currency, the Sucre, plummeted, losing 70% of its value against the dollar. Ecuador defaulted on its Brady Bonds, and required large sums from the World Bank and IMF to stay functioning. In April 2000, Ecuador took the extraordinary step of demonetizing its own currency and adopting the United States dollar.

 All business in Ecuador is now transacted in US currency.

 This step has restored stability to the economy, allowing foreign investment to once again take place. An added bonus for Aurelian has been the recent depreciation of the US dollar against the Canadian dollar, since our exploration costs are largely in US funds. Geological studies performed by the British, Swedish and Ecuadorian Geological Surveys through the late 1990's have suggested that Ecuador has tremendous potential for discovery of new economic ore deposits.

As part of the restructuring of the Ecuadorian economy, the World Bank opined that Ecuador should do its best to foster investment and development of the mining sector, in order to insulate it better from future El Niño weather cycles. The World Bank financed a project to put the mining tenement registry or catastral on the internet, to make it more transparent and corruption free.

In this way, Ecuador has now avoided the problems of concession overlap, which is prevalent in the rest of South America. The Ecuadorian government also introduced sweeping changes to the Mining Law, the highlights of which include: increasing the term of concessions to 30 years (renewable) streamlining the granting of title transfer from exploration to exploitation abolishing the 3% mineral royalty payable to the government allowing foreigners to hold concessions 100% without Ecuadorian partners introducing guarantees into law which secure the right to mine once a positive feasibility study has been carried out .

The Ecuadorian Mining Law can be reviewed at the Ecuadorian Chamber of Mines website at www.cme.org.ec. The World Bank also recognized that in the late 1990's most of the prospective areas of Ecuador were held by speculators in small landholdings, who performed no exploration work and paid no patents to the government. A loophole in the law allowed "applications of priority" to be modified and resubmitted almost on a perpetual basis, without the title actually being granted.

 Up to 5000 hectares of prospective ground could be "locked up" indefinitely, merely by paying the $100 application fee. Some applications were listed as "pending" for almost a decade. It became almost impossible for companies to assemble large and contiguous blocks of land for exploration. The Ecuadorian government recognized that this situation was a drag on development of the mining sector and on April 17th, 2001 issued new regulations that obligated application holders to receive title and begin paying annual patents to the government. On May 17th, 2001 approximately 80% of the applications were voided, freeing up huge tracts of territory for the first time in years. This one-time event made possible an unprecedented opportunity to assemble and secure large swaths of contiguous ground.

 Surce :Press Releases

Name, Symbol, Ordnungszahl

 Gold, Au, 79

E-Nummer 175

Serie Übergangsmetalle

Gruppe, Periode, Block 11 (IB), 6, d

Aussehen metallisch gelb

Massenanteil an der Erdhülle 5 · 10-7 %

Atomar Atommasse 196,96655

Atomradius (berechnet) 135 (174) pm

Kovalenter Radius 144 pm

van der Waals-Radius 166 pm

 Elektronenkonfiguration [Xe]4f14 5d10 6s1

 Elektronen pro Energieniveau 2, 8, 18, 32, 18, 1 1.

 Ionisierungsenergie 890,1 kJ/mol

2. Ionisierungsenergie 1980 kJ/mol

 Physikalisch

Aggregatzustand fest

Modifikationen -

Kristallstruktur kubisch flächenzentriert

Dichte (Mohshärte) 19300 kg/m3 (2,5)

 Magnetismus - Schmelzpunkt 1337,33 K (1064,18 °C)

 Siedepunkt 3129 K (2856 °C)

 Molares Volumen 10,21 · 10-6 m 3/mol

Verdampfungswärme 334,4 kJ/mol

Schmelzwärme 12,55 kJ/mol

Dampfdruck 0,000237 Pa bei 1337 K

Schallgeschwindigkeit 1740 m/s bei 293,15 K

Spezifische Wärmekapazität 128 J/(kg · K)

Elektrische Leitfähigkeit 45,2 · 106 S/m

Wärmeleitfähigkeit 317 W/(m · K)

Austrittsarbeit 4,3 - 5,1 eV

 Chemisch

Oxidationszustände -1, 0, +1, +2, +3, +5

Oxide (Basizität) Au2O3 (amphoter)

Elektronegativität 2,54 (Pauling-Skala)

 Normalpotenzial 1,498 V  Au3+ + 3e- → Au

 Isotope

Isotop NH Halbwertszeit DM DE MeV DP 195Au {syn.} 186,10 d ε 0,227 195Pt

 196Au {syn.} 6,183 d ε β- 1,506 0,686 196Pt 196Hg

197Au 100 % Au ist stabil mit 118 Neutronen

198Au {syn.} 2,69517 d β- 1,372 198Hg

199Au {syn.} 3,169 d β- 0,453 199Hg

NMR-Eigenschaften

197Au Kernspin 3/2 gamma / rad/TT 4,582 · 106 Empfindlichkeit 2,51 · 10-5 Larmorfrequenz bei B = 4,7 TT 3,43 MHz

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