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Frisco Creek Placer Mine

Gold & Silver Mine For Sale

Location: Canada, Yukon
Commodities: Gold, Silver
Available Terms: Negotiable
Price: 5,000,000CAD
SOLD

Summary

Yukon Placer mine for sale: $5,000,000 CAD The gold on this creek runs at 88% Au and 12% Ag, from fines to large nuggets (3oz plus). Frisco Creek is in the heart of the “Golden Saddle” in the Yukon Territory, north of the coffee creek gold and Casino mine projects. Frisco Creek is a tributary to the Yukon River downriver of where the White River enters the Yukon River. A class 4 water license and permits are all in good standing until September 2030 renewal date. All claims have with sufficient excess credits past the end date of the current water license. There are 61 Cremmie claims on Frisco Creek and 6 Mom claims on the main upper tributary. There is a great potential for increasing the number of claims within the watershed. Years of comprehensive testing puts the overall gold recovery at $35 - $95+ / cubic yard processed, at current gold spot price of $4000.00 CDN / Oz. There is a calculated 1,050,000 loose yards of pay material. This is based on an average of 100’ wide cut. The pay gravels start on average 6-8 feet down and pay to the bedrock at an average depth of 17-20 feet. There is additional pay material outside of the 100’ cut which in not calculated here. Two camps, one at the mouth and a second 2 miles up along with road and pond infrastructures are in place. Some equipment is also available at the site along with shop and tools. The owners believe that this property is capable of supporting a large bulk mining operation with investment in larger equipment and infrastructure. The hardrock claims in the area is wholly owned by White Gold, you can find additional information on their website at: https://www.whitegoldcorp.ca All reports and associated information can be provided upon request by qualified buyers. Investment / partnership opportunity is also available, please contact Note: Option for management to stay on for an agreed period of time. Serious inquiries only please. Stuart Young President Red Dog Resources Ltd. Whitehorse, Yukon Territory, Canada Reddogresource@yahoo.com
Property Sold

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