Millions of dollars worth of exploration work performed, large resources identified, bargain price for quick sale with terms available

Company Asset Sale of 12 Mining Projects, Gold, Silver, Copper Properties in NV, AZ, CA

Mine Details

Commodity: Copper, Gold, Silver
Location: Nevada, USA
Terms: For Sale, Lease Purchase Option, Negotiable
Price: $550,000

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Seller Website

Summary:

The owners have established a business in Singapore so we are selling our US mining assets. A full list of the properties and additional information is at amadorminingllc/holdings

Description:

Diamond Jim
Silver, Gold, Copper, Lead.
Elko County NV
• 4.25 million ton silver and gold identified resource
• High grade ore for underground mining
• Prolific gold mining region
• Millions of dollars of exploration work performed

Nyala
Gold, Silver
Nye County, NV
• Identified resource graded 0.26 oz/ton gold within 50 feet of surface
• High gold and silver values found over a large area in surface sampling
• Amenable to open pit mining

Zulu Mine
Gold, Silver
Gila County, AZ
• 20 foot wide ledge found with gold values between 0.028-0.05 oz/ton
• High grade values of to 5.94 oz/ton gold found in smaller veins
• Numerous gold bearing areas found, complex geology, should be further explored

Big Penny Bear
Copper, Gold
Gila County, AZ
• Five vein structures from 10 to 55 feet wide averaging 1.98% copper with gold and silver values.
• Over 2000 feet of drilling performed
• Along with copper two 5ft core sections assayed approximately 0.45 oz/ton gold
• Accessible year round, amenable to open pit mining

Nevada Queen
Gold, Silver
Esmeralda County, NV
• Surface sampling yielded high, near constant gold and silver values over a large area
• Property has seen little modern exploration
• Encompasses a mineralized zone traceable for at least 4,000 feet

Aurum
Silver, Gold
White Pine County, NV
• Sample results as high as 90 oz/ton silver
• Significant gold and silver discovered during drilling
• “Upper Workings” contain high copper and some silver values. “Lower Workings” more favorable for identified a gold and silver resource.

Black Prince
Silver
Lincoln County, NV
• Drilling program established a 12.4 foot wide vein grading 3.4 oz/ton silver with values said to increase with depth
• A company in the 1980s “blocked out” 40,000 tons of 0.03 oz/ton gold and 8 oz/ton silver within 300 feet of the surface
• Good access, able to be mined year round.

Ledbetter
Gold
Nye County, NV
• High grade gold values on dumps
• Only crudely worked in the early 20th century with additional high grade ore in veins likely
• Additional potential low grade disseminated resources
• Remote, should be evaluated further with modern exploration

Sisson Mine
Gold
Sierra County, CA
• “Indicated and inferred” resource of 120,000 tons averaging 0.10 oz/ton gold
• Gold occurs in quartz stockworks 6 feet wide over a strike length of at least 440 feet
• Additional resources may occur in unexplored stockworks
• Surrounding by high grade mines of the Sierra Buttes mining district

Lost Emigrant
Gold
Placer County, CA
• “Indicated and inferred” resource of 270,000 tons averaging 0.27 oz/ton gold
• Additional resources may occur in unexplored vein offshoots
• Historically ore graded as high as 2-3 oz/ton

Goldstone
Gold, Silver
Lander County, NV
• Carlin style gold potential within the Battle Mountain-Eureka Trend.
• Seismic reflection, trenching, surface sampling, and drilling already completed.
• Significant gold found during drilling and sampling
• Shows similarities to Barrick’s Hilltop property

Gold Boulder
Gold
Humboldt County, NV
• Adjacent to Lantern Deposit
• Encompasses the Gold Boulder Area described in past reports of the Lantern Property
• Assay results of up to 1 oz/ton gold found in boulders on the surface

Additional Information:

Terms: The purchase price for the entire property group is $550,000. This can be paid in installments of $100,000/year and $150,000 on the final year. A 2.5% NSR will be retained.

Photos:

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