Turnkey placer mine. Virgin Colorado ground with great test results. Purchase or invest

Fairplay Placer mine. Turnkey Operation already producing.

Mine Details

Commodity: Gold
Location:
Terms: For Sale, Joint Venture, Lease Purchase Option
Price: 8M (purchase); negotiable

Contact Seller

Summary:

80 acres of unmined BLM land. Fully operational setup including 2 deck scalping screen, trio 3 deck wet screen plant producing 3 sellable products. Twin 40 ft x 4 ft sluice boxes with carpet, miners moss and expanded metal. double sand screw. Conveyors for material stacking. Permitted to sell aggregate and gold recovery. Equipment onsite include: Komatsu PC 300 excavator, Cat 950 loader, bobcat skidsteer with forks, 40 ft conex box, office/living quarters, 1000 gal diesel and gas tanks, 6" water pump with hose. 56KW generator, 25KW generator. Well produces 100 gal/min

Location and Access:

Fairplay CO. main road accessible

Description:

Excellent turnkey operation for immediate gold and aggregate production on unmined 80 acre claim. Historic fairplay deposits tested and proven. Aggregate permit in place for dual income operation. Equipment included. Looking for outright sale or investment. Making money in 2020. Ready to expand into larger scale operation. Estimated $653M in gold (tests average at $20/yard) and $326M in aggregate ( @ $10/yd)

Geology:

The area in which the mine lies consists of glacial outwash from the Pleistocene, most likely pre-Bull Lake in age. This material is classified as the Fairplay Placer, which directly overlies the current mining site. Gold in these placers was resulting from all the centers of mineralization in the South Platte watershed above Fairplay. These placers are alluvial deposits derived from glacial debris and include both meltwater channel and outwash plain deposits formed during Bull Lake and Pinedale times and modern stream deposits formed by post-Fairplay reworking of outwash gravels. The gold basically came to be here through a series of weathering and transport and deposition by advancing of glaciers, meltwater distribution and alluvial processes. These processes were centered along the course of the South Platte River, which maintains a similar course today. It is concentrated in the lateral and terminal moraines, as well as the outwash plain below Fairplayā€¯.

History:

This claim has been family owned for decades until purchased in 2017. This was the first year that ground had been broken for mining purposes. 2020 was the first full scale year of mining operations the claim has ever seen. Each day is virgin ground being run.

Photos:

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