60 Acre lode claim for Sale

Historic Nada Gold Mineral Property

Mine Details

Commodity: Gold, Iron
Location: Montana, USA
Terms: For Sale
Price: $39,000

Seller Website

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The Buckhorn and Nada Gold Mining Property is located on the southern end of the east flank of the Elkhorn Mountain range in the Quartzite Ridge District in Broadwater County, Montana. The Quartzite Ridge District is a subdistrict of the Radersburg District, aka the Cedar Plains District.

The property consists of three lode mineral claims totaling sixty (60) acres. The claims cover the workings of the Buckhorn and Nada Mines and all the related workings as they cross over a short ridgeline. Although the properties are in close proximity to eachother, the workings underground are not interconnected.

The Buckhorn and Nada Mines are valuable for their gold deposits, which while not uncommon in the Radersburg district, are uncommon in the Quartzite Ridge District which is commonly known for Silver deposits. The Buckhorn and Nada are documented for free gold in iron oxides. These deposits have been verified by Gold Rush Expeditions, Inc. surveyors inside the workings of the Nada Mine. The gold is visible to the naked eye and can be traced in various veins in the workings.

There are some buildings and infrastructure above ground on the claims is quite extensive but not usable. The mine portals are open, accessible and provide easy access into the workings. The air was measured in both the Buckhorn and Nada Mines and found stable at 20%. The mines are cut into competent country rock and stable in their current state.

The Nada Mine is an adit cut on a horizontal plane and intersecting several gold veins as mapped and contained in this report.

The Buckhorn Mine consists of two steeply decline shafts of at least eighty feet. These mines will require rope and safety gear to access and have not been fully surveyed or documented. The shafts have a gating system and a door mechanism for access.

Prior to Gold Rush Expeditions, Inc. on site survey, the mines were last examined by Alexander Winchell of the US Bureau of Mines and United States Geological Society in 1914. Winchell reported the mines as maintained but not being worked. The anomalous gold deposits were also noted with visible free gold noted in several veins inside the workings. The mines are mentioned in a 1954 report by the USGS and again by Klepper of the USGS in 1971, however, neither surveyor bothered to examine the sites or the mines and simply regurgitated previous surveyor’s information.

Gold Rush Expeditions, Inc. surveyed these mines in 2014 when they were reported by locals to be known as the Jasmine Mines. Further information concluded that they may in fact be the Nada and Buckhorn Mines. To validate this information, Gold Rush Expeditions, Inc. surveyed these mines again in 2017 and confirmed the presence of visible free gold in oxidized iron.

Located in Broadwater County, MT. High clearance 2WD vehicle can make it to the claims. You can drive directly to the adit on the claim. The roads to the shafts are narrow and overgrown but could be navigated on an UTV or ATV. The only issue with the drive to the shafts is there is very little turn around area.

The Nada and Buckhorn Mines are combined on a sixty (60) acre lode Mineral property in the Quartzite Ridge District in Broadwater County, Montana.

The mines have relatively easy access with 4 wheel drive vehicles but are some of the most remote workings in the District. The Quartzite Ridge district is a small subdistrict of Radersburg district. It is located on the south western most edge of the district on the south east flank of the Elkhorn Mountains.

The mines have a very sparse history despite being very well planned with good development and infrastructure. The mines have existing gated access and have suffered little disturbance or visitation since they were closed down in 1941 due to the War Act.

The mines are separated by the spine of the ridge where they are located. The Buckhorn workings are positioned on the western slope of the ridge while the Nada is on the eastern facing slope. The workings are not interconnected underground although likely working the same deposits.

This assessment of driving the lower level appears to have been accurate and quite lucrative based on the development of the workings and the infrastructure above ground. Surveyors documented over one thousand one hundred feet(1100) of drifting work on the lowest level. These workings are detailed and mapped and show veins of gold, galena and some small quartz stringers. Also reported was considerable stoping in various areas thought to intercept shafts and declines found on the surface. There are no other open or access points aside from the main portal.

History of the Parker Group is sparse and very little is available. It is discussed in USGS reports from 1915 and 1953. These reports give very little information and it is apparent that at that time, the surveyors were not able to access the underground workings.

The property stretches over a low hill and ridge and has been worked and explored by short prospects and some shafts which all follow the same general trend. On the farthest western workings of the claims, there is evidence of a larger operation. Cabin and possible milling remnants are visible along with one larger shaft and the remains of an old headframe. These workings far predate the drift level lower on the hill. It is likely that from 1910 to 1950, ore extracted from the mines was transported via the main , lower drift and hand sorted at that level.

Adit was cut on a horizontal plane that intersects several gold veins. Contact Gold Rush Expeditions for a GRPM43 technical report that details the geology of the Nada Mineral Property

Contact Gold Rush Expeditions for a GRPM43 technical report that details the history of the Nada Mineral Property

Gold Rush Expeditions has a GRMP43 technical report available on this claim upon request. Please contact Jason with any questions.