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Arizona Gold & Silver Placer Mine

2025 43-101 - 1,730,200 ounces AU

Mine Details

Commodities: Gold
Available Terms: For Sale
Price: $19,500,000 Cash
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Summary

This project has been extensively tested and proven with over 15 independent geological and technical reports. In a May 2025 43-101 Technical Report, Professional Geologist and Qualified Person Mark Slatten identified a mineral resource of 1,730,200 ounces of measure and indicated reserves of AU. In a 2011 43-101 Technical Report, Professional Geologist and QP Dan Stage estimated that an additional 840,661 ounces of gold may be locked in black sands. Although no calculations for silver have been made made, it is estimated that up to 1,000,000 ounces may be in free silver and locked up in black sands.

Location and Access

Near Wilhoit Arizona. 4 miles off paved Hwy 89 on US Forest Service Road 72

Description

13 Federal Mining Claims on 250 acres. Claims are aliquot compliant, current on maintenance fees, and held free and clear.

Geology

Placer High-Bars along the Hassayampa River Basin. Little to no overburden. Gold and Silver are mostly fines. flakes, coarse, and small nuggets. Other than Black Sands, all gold and silver is free, meaning it can be separated with gravity and water. No chemicals required. Processing black sands would need to be done at a smelter or other resource.

History

This river basin has been producing gold since the 1890s and is only a few miles from Rich Hill, where a gold strike set off the Arizona gold rush in the 1850's

Additional Information

The operating permit on this project is near completion - perhaps 6 months or less. Silver is now on the US Critical Minerals list, resulting in the ability to expedite the permit.

Photos

Map



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