Indian Creek Materials, LLC

Through the Fall season of 2018, Groff Engineering & Consulting provided due diligence support to a Missouri-based company seeking to acquire two aggregates companies located in south central Missouri – Gable Stone Company and Doss & Harper Stone Company. Our due diligence support included the following services:

• Site visits and initial assessments of each quarry,
• Drone based mapping and imagery of each site,
• Identification of risks as related to asset retirement obligations (ARO) (a.k.a. reclamation liability),
• Management of wireline diamond core drilling to confirm mineral resources at depth,
• Core logging, sample preparation, and reporting,
• Geologic/resource modeling,
• Historical aerial imagery compilation for each site,
• Title/records search and comparable transactions search, and
• Mineral appraisal

The due diligence was successful at identifying risks and opportunities and a new company, Indian Creek Materials, LLC, was born in early 2019, comprised of the quarries we evaluated.