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Leipsigate Gold Mine

Gold Bearing Quartz Mine For Sale

Location: Canada, Nova Scotia
Commodities: Gold
Price: Contact Vendor
SOLD

Summary

Gold bearing quartz occurs in “fissure” style and bedding parallel veins proximal to an anticlinal structure in the Meguma sediments, a well-known host for numerous similar gold deposits in the Province. Three periods of production took place, starting in 1888 and occurring sporadically until 1946. Total production recorded in Provincial records was 11,790 ounces from 35,334 ton, for an average grade of 0.33 ounces per ton or 11.43 grams per tonne. Recoveries were reported to be in the 80% range but onsite tailings speak to highly inefficient extraction methods. The 92 claims are owned by NSGold Corporation and cover approximately 1490 hectares. Infrastructure onsite includes 5 main shafts of 34m,55m,55m,91m and 183m. Lateral underground workings total over 700 meters.
Property Sold

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