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Eastern Nevada Gold Placer

840 ACRES NEVADA FINE GOLD

Mine Details

Location: Nevada, USA
Available Terms: For Sale
Price: 3895 OUNCES GOLD & 3.25% GSR

Summary

The Claim Group consists of seven contiguous claims all sharing a common side, totaling 840 acres. Current and in order with BLM, Reno.

Location and Access

In White Pine County Nevada Osceola Mining District. Section 10,14 and 15, T14N, R68E. Access on Powerline Road south of Highway 6-50 at Weaver Creek turn off, 4 1/2 miles.

Description

Over one square mile of shallow Alluvium ore in three found distinct layers approximately 28' deep to false bedrock.

Geology

The over 20,521,600 + cubic yards of ore resulted from the long term erosion and weathering of an ancient auriferous mountain that now covers ancient channels spread out in a distinct alluvium fan deposit, toward the northwest.

History

A 14 pit bulk sample test was administered in the early 1980's. Over 1500 cubic yards was run and a average of .017/ton was documented. The gold is .849 fine, impurity is silver. At current spot price of the 20 mesh average particle size gold will gross $50.09 per cubic yard, average throughout the ore body. The results of the bulk sample test at todays spot gold price yielded $24,780.00.

Additional Information

This is a relatively easy mining project as the ore is fairly uniform and at a shallow depth. Copious water is available approximately 200' deep and a beneficial well and water settling and reuse will be part of the gold recovery plan. Very detailed report will be sent to a qualified principal.

Photos

Map



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