Utah Gold Mining Project For Sale - USA

Lookout Mountain Gold Mine

Mine Details

Commodity: Gold
Location: USA, Utah
Terms: Joint Venture
Price: Contact Vendor

Seller Website

Many of the projects listed on Minelistings.com were featured on the very popular Discovery TV Show Gold Rush. We have many more mines and claims for sale listed below:

Featured Mines For Sale

Project Commodities / Country
Melba Creek Gold Mine
Proven Placer Claims Priced to Sell

Located in Yukon, Canada. Proven Placer claim priced to sell. 2.21 Miles square is the siz …

Featured
Gold

Canada, Yukon
Alaska Placer Gold Mine – Active and Ready to Go
Gold, Turnkey, Partial Trade, Equipment, Permits, Camp, Active & Ready to Go

The area is rich in gold mining history, beginning in 1910. Anvil Creek claims consist of …

Featured
Gold

Alaska, USA
The Scribner Creek Dawson City
6 Gold Claims For Sale on Scribner Creek

Scribner creek has easy access, proven gold, and is well suited for mining. There are 6 cl …

Featured
Gold

Canada, Yukon
Legendary – Shirley Bar Gold Mine
PRICE REDUCED..Legendary Alaska Gold Mine For Sale

A one of a kind, turnkey, legendary mine in the Manley Hot Springs Recording District. 2,0 …

Featured
Gold

Alaska, USA
Emerald Mining Property in Brazil
Rich in Reserves and quality

The emerald mine held by the company is rich in reserves and the product quality is very g …

Featured
Emerald

Brazil
Palmer Goldfields Operational Project
Turn key operation & High grade long term ML's; 60sq klms Exclusive Exploration

Granted high grade Alluvial Mining Leases (502ha) PLUS 3 surrounding Exploration Permit ar …

Featured
Gold

Australia
Boundary Red Mountain Mine
Patented Gold Mine For Sale - USA

Previously Producing Patented Gold Mine for Sale in the USA. $1.6 Billion Estimated & Infe …

Featured
Gold, Silver

USA, Washington
Enviro-Gold
Placer mine for Sale, Joint Venture, or lease.

Mine is located 11 kilometers from newly developed Victoria Golds hard rock mine.The creek …

Featured
Gold

Canada, Yukon
Union Bar Placer Leases
Fraser River Gold

356 Gold Mine Acres for Sale, Easy Access, great potential, warm climate, mined 8 troy oz …

Featured
Gold

British Columbia, Canada
Aerial 1,145± Acres of Prime Quarry Land – Bankruptcy Sale
100% MINERAL RIGHTS

This expansive property offers great access with over four miles of frontage along I-75 as …

Featured
Limestone, Sand

Tennesse, USA
Yukon Indian River Gold Placer Claims
70 High Quality Gold Placer Claims for Sale

High quality ground in Yukon, on Indian River, from one of the largest mining companies in …

Featured
Gold

Canada, Yukon
Enviro-Gold2
Placer mine

Forty three claims with 2-mile lease .Multiple contact zones, proven .Fine gold, mostly 12 …

Featured
Gold

Canada, Yukon
Fantastic Placer Mining Opportunity
Complete First-class Turnkey Operation, producing claims and virgin ground

Ready-to-go immediately. Ability to produce 1,000 ounces Au in first year on existing Domi …

Featured
Gold

Canada, Yukon
Lower Grandview Mine
20 Acre Oregon Mining Claim For Sale

The potential output of the Grandview mine is truly astounding. 20 Lode Mining and One Mil …

Featured
Gold

Oregon, USA

View All Active Mine Listings

View ALL Mine Listings here

Lookout is a sediment-hosted gold property located in Tooele County, Utah (Figure 1). Miranda Gold controls a 100 percent interest in the property. Lookout consists of 162 lode claims (5.2 square miles / 13.5 square kilometers) that cover a 2.7 square mile (7.2 square kilometers) area of hydrothermally-altered carbonate rocks in an under-explored, west-northwest striking fault / fold corridor. Altered carbonate rocks contain elevated gold, arsenic, antimony, mercury and thallium. These features indicate favorable geologic conditions known to be associated with sediment-hosted gold deposits.

Miranda Gold's exploration strategy in Utah is to identify early-stage, sediment-hosted gold opportunities in under-explored terrains. Miranda Gold geologists believe the Lookout project meets these criteria and systematic exploration is warranted.The Lookout project is located 40 miles (64 km) southwest of Tooele, Utah in the northern Sheeprock Mountains. The area is typified by rolling pine and juniper covered hills (Figure 2).


The Lookout project is located 40 miles (64 km) southwest of Tooele, Utah in the northern Sheeprock Mountains. The area is typified by rolling pine and juniper covered hills (Figure 2).

Lookout is in the eastern portion of the Great Basin physiographic province, an area hosting economic, sediment-hosted gold deposits such as: Mercur, Barney's Canyon and Melco. The property is 23 miles (37 km) southwest of the 3.5 million ounce Mercur gold mine, which was active until 1997.


At Miranda's request, Mine Development Associates (MDA) reviewed drill and assay data collected during previous exploration programs at Redlich. The review consisted of a statistical analysis and examination of data in three-dimensional views. The intent of the review was to assess potential continuity of higher-grade mineralization, model the epithermal vein systems present on the property, and refine drill targets. MDA states in its findings that the data provides good insight into the project and that there is strong evidence for the existence of a real, and potentially substantial, epithermal deposit on the property.

MDA found that 55% of all drill-hole samples grading over 0.029 oz Au/t (1 g Au/t) line up roughly along an approximate east-west plane dipping 45 degrees to the south. The strike length of this plane is approximately 1,150ft (350m) long and extends down dip approximately 590ft (180m). All drill holes intersecting this plane as defined above have reported gold intercepts greater than 0.029oz Au/t (1 g Au/t). The best intercept in the plane is 1.945 oz Au/t (66.6 g Au/t).

Two high-grade drill samples of 0.438 oz Au/t (15 g Au/t) and 0.788 oz Au/t (27 g Au/t) occur to the southeast of the defined plane at a distance of 1,065ft (325m) and 5,000ft (1,525m), respectively. According to MDA, these high-grade drill intercepts remain open and represent potential for additional parallel vein sets.

By evaluating gold and silver grade changes by elevation, MDA found evidence for a favorable horizon for precious metal deposition. Gold values show an increase between 4,265ft (1,300m) and 4,755ft (1,450m) in elevation. For silver, the trend is more profound and suggests a lower horizon favorable for the deposition of this metal, a characteristic not unusual for epithermal precious metal deposits. Miranda's geologic team believes this favorable elevation represents the "boiling zone" at which gold was precipitated from hot fluids during mineral deposition.

MDA suggests that further exploration is justified and that it should concentrate on the orientation of the best-fit plane as well as around the two isolated drill intersections of +0.438 oz Au/t (15 g Au/t).


Published or publicly available geologic information is limited to the United States Geological Survey (USGS) 1979 Geologic Map of the Tooele 1 by 2 degree quadrangle. At Lookout, USGS mapping illustrates north-south trending mountain ranges that inflect into a west-northwest striking fault/fold corridor (Figure 1). Within this corridor, Cambrian through Mississippian-age carbonate rocks, dolomite and quartzite are exposed at surface. The Great Blue Formation, gold host at the Mercur gold mine, is exposed on the northern portion of the property.

Carbonate rocks are cut by west-northwest, northeast and north-south striking faults. The west-northwest orientation of the fault/fold corridor is unique to the Lookout project when compared to structural fabrics in adjacent mountain ranges. This structural fabric may represent an old, long-lived set of faulting. West-northwest faults are well-documented ore controls within economic gold deposits along the Carlin and Cortez Trends in Nevada.

Hydrothermal alteration in carbonate rocks includes iron oxides, decalcification, silicification, clay alteration, quartz and calcite veins, and carbon (Figures 3 and 4). Stibnite, stibiconite, and rare thallium oxide and sulfide minerals are exposed in historic prospect pits. These minerals also occur in sediment-hosted gold deposits at Mercur and other gold deposits along the Carlin and Cortez Trends.


Prior to Miranda's reconnaissance effort at Lookout, systematic property-wide exploration had not been completed. Field reconnaissance identified small-scale prospect pits developed along silicified and brecciated fault zones. Select pits expose stibiconite, stibnite sprays and rare thallium-bearing oxides and sulfides. An unknown exploration company in the 1980's, collected rock samples and drilled five rotary holes in two separate areas. Results are not known; however the program was likely conducted prior to the documentation of subtle geologic patterns associated with sediment-hosted gold deposits.