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North Fork Mine

35 BLM Gold Claims For Sale

Location: California, USA
Commodities: Gold
Available Terms: For Sale
Price: $250,000
NOT AVAILABLE

Summary

The North Fork Mine was developed between 1875 and the 1930's with a 13-degree decline about 1,000 feet long, then an 800 foot long crosscut connecting to a 60 degree inclined shaft from which three levels were developed. All three levels intersected significant gold grades commonly exceeding 0.5 opt Au along multiple veins. Based on the historic assays, there is an inferred resource of 100,000 tons grading at least 0.5 oz/ton grade. North Fork Mining Corp. established on-site infrastructure at the North Fork mine in 2004 and began rehabilitation of the historic decline, while the mine’s headframe and hoist remain in place. In addition, grid power, consisting of $350,000 high capacity PG&E source, and a basic shop were established.
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