Monte Cristo Wollastonite
Large Wollastonite, Gold, & Silver Mine For Sale
Commodities:
Gold, Silver, Wollastonite
Available Terms:
For Sale, Negotiable
Price:
$245,000 w/ owner financing
NOT AVAILABLE
Summary
The property was previously drilled and explored and deemed to have resources of well over one million tons of 50-70% wollastonite. This is the largest known deposit in the Western United States.
The only other place in the country where wollastonite is mined is in New York.
$2 million+ of exploration and evaluation work has already been done on the deposit.
The wollastonite is exposed on the surface with negligible overburden and the property is well suited to be open pit mined year round.
Domestically produced raw wollastonite has a market value of around $200-$480/ton and the the price has been steady for over a decade. Demand has been steady as well and as wollastonite is a very versatile mineral it is used in many industries and new applications continue to be developed.
I am willing to offer owner financing which will hopefully make it much more cost effective to develop the property. The terms I can offer are $2,500 down with the balance carried over 15 years at 6% which would make the payments $2,037/mo for a purchase price of $245,000.
Looking for Similar Properties?
Browse our marketplace for active mining properties in similar locations or with similar commodities.
Browse All Listings
