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Golden Wonder Mine – Colorado

The Greatest Treasure Hunt In The West

Mine Details

Commodities: Gold
Available Terms: Negotiable
Price: Negotiable
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Summary

Located near Lake City, Colorado, the Golden Wonder is an extremely high-grade telluride (epithermal) gold deposit. As one of only two commercial gold producers in Colorado from 1998-2007 the mine was one of the highest grade gold producers in modern history with an average ore grade of 16.01 ounces (453.87 grams) per ton over an eight year period. Over 134,000 ounces of gold were produced at an average cost below $100 per ounce. Exploration efforts are currently underway to re-establish the mine’s reserves and return it to commercial production. Previous JV exploration partners, Kinross Gold and Richmont Mines. See project video: https://www.youtube.com/watch?v=nsv2VvfJ48k

Location and Access

6 miles south of Lake City, CO

Description

3 patented and 25 unpatented mining claims cover the prospect area. Bonded mining and separate NOI drilling permits in compliance. Modern shop/office with generator and crushing plant on site. No milling required.

Geology

Bonaza-grade epithermal vein deposit. Gold telluride.

History

The richest gold producer (ore grade) in modern history. See project video: https://www.youtube.com/watch?v=nsv2VvfJ48k

Additional Information

Exceptional Ore Grades Cover Large Portion of Exploration Cost (2009-2015)
Even during exploratory mining (post commercial production) the average grade of extracted vein material exceeded 1.5 ounces (42.5 grams) per ton. This vastly exceeds industry averages of less than 0.2 ounces (5.7 grams) per ton and has enabled LKA Gold to cover a substantial portion of its exploration costs. If experts are right in their assessment of this deposit, there may be multiple, highly enriched ore shoots awaiting discovery. Less than ten percent of LKA’s property has been examined to date.

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