Owner is moving abroad and selling US assets, Financing Offered

Company Asset Sale, 4 Gold/Silver Mining Projects, Two w/ Defined Resources, Two Exploration

Mine Details

Commodity: Gold, Silver
Location: Idaho, USA
Terms: For Sale
Price: $330,000

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Summary:

Rich Gulch has a resource of 3.6 million tons at .07oz/ton gold

Golden Dome has a resource of 1.5 million tons at .067 oz/ton gold

Seafoam and Blacktail Sunrise have been extensively surface sampled with very encouraging gold, silver, and copper values found.

Location and Access:

Rich Gulch is located in Plumas County, CA

Golden Dome is located in Sierra County, CA

Seafoam is located in Custer County, ID

Blacktail Sunrise is located in Lemhi County, ID

Description:

Rich Gulch: Several million dollars worth of geological, metallurgical, economic analyses, and environmental studies were performed in the 1980s. This proved a resource of 3.6 million tons at .07 oz/ton gold. The project is 100% owned unpatented claims. Access is good. There are several options to develop the property including underground mining or transporting the ore via rail to Nevada for heap leach.

Golden Dome: A high sulfidation epithermal deposit explored extensively in the 1980s. A bulk minable deposit of approximately 100,000 gold equivalent ounces was defined.

Seafoam: Encompasses a system of fissure veins and associated intense hydrothermal alteration. The claims have seen limited development but extensive chip and grab sampling has found high values over a wide area. Veins have assayed as high .775 oz/ton gold and 92.30 oz/ton silver.

Blacktail Sunrise: 3 claim blocks on different deposits in the same vicinity. A company explored the Blacktail claims in the 1980s and found encouraging results with drilling and surface sampling but concluded that the gold deposits were too small to meet their requirements.
Quartz Mountain Gold explored the Sunrise claim block and delineated a gold bearing breccia zone over 16 feet thick and at least 1500 feet long.
No company has explored the Fourth of July claim block but the USGS took samples from a system of mineralized fractures which assayed as high as 0.819 opt gold, 11.8 opt silver, and 5.1% copper. They concluded that further exploration was warranted.
These areas are seeing a lot of recent interest and these claims are in some of the most promising locations.

Additional Information:

I can offer owner financing with $40,000 down and the balance paid in installments of $29,000 every six months for 5 years with a 1.5% nsr retained.

Feel free to contact me for more information.

Photos:

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