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Ruby Creek Resources Inc RBYC

Ruby Creek Resources Inc. is engaged in developing a gold property. The Company's project includes the Gold Plateau Project. The Gold Plateau Project consists of property, which has artisanal gold mining activities. The Gold Plateau Project is located in southern Tanzania approximately 150 kilometers north of the Mozambique border. The Gold Plateau Project consists of around 15 properties of prospective gold mineralized territory. The Company has mining and processing equipment onsite and additional processing equipment. The Gold Plateau Project is situated at the eastern margin of the Selous Basin where the Karoo and young sedimentary rock are in fault contact with low to high-grade metamorphosed rocks of Neoproterozoic age belonging to the Mozambique Belt.


GREY:RBYC - Post by User

Post by jongguaon Sep 16, 2011 9:32pm
138 Views
Post# 19052935

tz taxes

tz taxesthe only taxes I know of now are an off the top 3% gross revenues tax, plus Mr Maita has an additional 3% (net? gross?) on mkuvia's 380km only.simple math question: I can't get ruby's 3 earliest lots to equal 878 km. Mkuvia 380, Kapinga 350 (or 349?), GS 50+89=139 with the 10km mining license included in the 50 km parcel. Those 3 add up to 869 km. Not sure how to account for the 9km difference. Trying to make my spreadsheet as accurate as possible and came up with this discrepancy.
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