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Palmer Rivers Operational Project 17 GRANTED MINING LEASES & EXCLUSIVE RIGHTS to 60sq klms EXPLORATION/PLANT/ EQUIPMENT/ ESTABLISHED INFRASTRUCTURE ESTIMATED RESOURCE 1,863,000 LCM 17 GRANTED MINING LEASES plus EXCLUSIVE RIGHTS to 60sq klms EXPLORATION GROUND ESTIMATED R … |
Featured Gold Australia |
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Prime Bluestone Quarry Portfolio TWO TRACTS TOTALING 884± ACRES THROUGHOUT PENNSYLVANIA (SUSQUEHANNA & DAUPHIN COUNTIES) Located in the heart of Pennsylvania’s productive bluestone region |
Featured |
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Lower Grandview Mine 20 Acre Oregon Mining Claim For Sale The potential output of the Grandview mine is truly astounding. 20 Lode Mining and One Mil … |
Featured Gold Oregon, USA |
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Boundary Red Mountain Mine Patented Gold Mine For Sale - USA Previously Producing Patented Gold Mine for Sale in the USA. $1.6 Billion Estimated & Infe … |
Featured Gold, Silver USA, Washington |
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King Mine, Ashwood OR Oregon King Mine |
Featured |
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Melba Creek Gold Mine Proven Placer Claims Priced to Sell Located in Yukon, Canada. Proven Placer claim priced to sell. 2.21 Miles square is the siz … |
Featured Gold Canada, Yukon |
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PALMER GOLDFIELDS OPERATIONAL PROJECT AU$3.5million (excl GST) HISTORIC PALMER GOLDFIELDS Turn key operation/Estimated 1,863,000 LCM under granted ML's x 17/60sq kl Exclusive Exploration/ PALMER GOLDFIELDS NTH QUEENSLAND AUSTRALIA. TURNKEY OPERATIONAL PROJECT 7 EXPLORATION. EST … |
Featured Gold |
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102 Yukon Gold Placer Claims – Indian River & Quartz Creek 102 High Quality Yukon Gold Placer Claims for Sale with Proven Gold |
Featured Gold Canada, Yukon |
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Enviro-Gold Placer mine for Sale, Joint Venture, or lease. Mine is located 11 kilometers from newly developed Victoria Golds hard rock mine.The creek … |
Featured Gold Canada, Yukon |
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Alaska Placer Gold Mine – Active and Ready to Go Gold, Turnkey, Partial Trade, Equipment, Permits, Camp, Active & Ready to Go The area is rich in gold mining history, beginning in 1910. Anvil Creek claims consist of … |
Featured Gold Alaska, USA |
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Sixtymile River Claims Alluvial Gold Placer Claims For Sale - Yukon-Canada 650 Claims Available. Area has been actively mined for 120 years. Remaining claims have ha … |
Featured Gold Canada, Yukon |
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Emerald Mining Property in Brazil Rich in Reserves and quality The emerald mine held by the company is rich in reserves and the product quality is very g … |
Featured Emerald Brazil |
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Enviro-Gold2 Placer mine Forty three claims with 2-mile lease .Multiple contact zones, proven .Fine gold, mostly 12 … |
Featured Gold Canada, Yukon |
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Fantastic Placer Mining Opportunity Complete First-class Turnkey Operation, producing claims and virgin ground Ready-to-go immediately. Ability to produce 1,000 ounces Au in first year on existing Domi … |
Featured Gold Canada, Yukon |
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Union Bar Placer Leases Fraser River Gold 356 Gold Mine Acres for Sale, Easy Access, great potential, warm climate, mined 8 troy oz … |
Featured Gold British Columbia, Canada |
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The Scribner Creek Dawson City 6 Gold Claims For Sale on Scribner Creek Scribner creek has easy access, proven gold, and is well suited for mining. There are 6 cl … |
Featured Gold Canada, Yukon |
The Avalanche mine is a reported Gold producing mine located in the heart of the Eureka Mining District. The mine consists of multiple workings and the remains of a mill site.
There are at least three (3) separate workings on the property. The largest of which is a drift of approximately 275’ which intercepts a vein of telluride gold and silver with pyrites and iron. This working may have also been cut on a defined vein as there is evidence of a crusher and small milling site just outside the workings. There is a waste dump of at least 90,000 tons which assays at 1.023oz/T in gold and 3.74 oz/T in silver.
Easy 2WD dirt road to claim. Hike is required to access the adits. Located just 5 miles from Silverton Colorado
There is a reported shaft south of the largest drift, surveyors were unable to find the shaft but located a small mill site with some tailing containing some gold values. It is assumed that the shaft may have been plugged or was simply a small prospect near the mill site.
Finally, there is a mine on the opposite side of the gulch from the mill site. This mine is collapsed naturally and was originally an adit entrance. The remnants of a cabin near the portal indicate this mine was likely independent of the original Avalanche. There is heavy gauge track protruding from the mine indicating the use of large ore cars and heavy mucking activity. The waste dump indicates at least 200’ of drifting and workings. The dumps show some gold with quartz and pyrites. There is very little galena or silver. Iron is prevalent throughout the dump.
The main portal was surveyed in 2012 and gold values were noted, and the mine was gated with a solid metal gate comprised of old drill steels. The mine contains considerable amounts of visible native gold on quartz and in auriferous pyrites. Tellurides containing gold are common in the mine. Surveyors estimated drill values on gold bodies will return 3-4 oz/T AU.
The mine has excellent road access and the only impediment to logistics at the main portal is the trail from the mill site. This could be remedied by cutting a road from the portal to the mill. The mine is less than 5 miles from Silverton, Colorado, which offers most needed amenities.
The mine is approximately 1.25 miles south of the Gold King mine, which was infamously breached in 2014. The mines in the area are historically noted originally for silver content which was followed by diminished silver and increased gold values as the mines were developed.
The following can be determined from our on the ground survey of the site:
The main portal has developed substantial values in Telluride (gold/silver) ores. Visible Free gold occurs in the workings with quartz, pyrite, and Galena.
There was a solar/mining cabin on the site in 2012. It has since been removed.
The general trend of the veins seems to run SSE. There are faulting controls in the gulches.
Waste dump at the main portal could likely be processed at a good profit which would subsidize further development of the mines.
The southernmost adit has a high potential for development and could be opened up with a small bond or by hand at no cost.
Contact Gold Rush Expeditions, Inc. for a GRMP-43 report that details the Geology of the Avalanche Mining Claim
Contact Gold Rush Expeditions, Inc. for a GRMP-43 report that details the History of the Avalanche Mining Claim
Telluride Gold and Silver in abundance. Contact Gold Rush Expeditions, Inc. for more information or with any questions.