Nevada Wollastonite Project, Largest in the Western US

The largest wollastonite deposit in the western United States. The project is located on BLM land in the world’s most mining friendly jurisdiction. The deposit is high aspect ratio industrial grade wollastonite. Diamond and reverse circulation drilling identified major wollastonite mineralization to a depth of 500 feet. The ore was reported to be 50-70% wollastonite with a resource around 2 million tons including 1 million tons of 70-80% wollastonite.
Currently the only wollastonite produced in the US is an aging mine in New York. The Monte Cristo wollastonite deposit is in a prime position to serve the Western US infrastructure market.
In addition to wollastonite the project has historically been mined for gold and silver. In the 1980s a geologist determined the project to have “excellent potential for the discovery of bulk tonnage, heap leachable precious metals system in the 5,000,000 ton range having a grade of +0.05 oz/ton gold with significant attendant silver values.”

The Monte Cristo Wollastonite project is located 25 miles west of Tonopah, Nevada. Roads lead directly to the project. It is on BLM administered land.

The largest wollastonite deposit in the western United States. The project is located on BLM land in the world’s most mining friendly jurisdiction. The deposit is high aspect ratio industrial grade wollastonite. Diamond and reverse circulation drilling identified major wollastonite mineralization to a depth of 500 feet. The ore was reported to be 50-70% wollastonite with a resource around 2 million tons including 1 million tons of 70-80% wollastonite.
Currently the only wollastonite produced in the US is an aging mine in New York. The Monte Cristo wollastonite deposit is in a prime position to serve the Western US infrastructure market.
In addition to wollastonite the project has historically been mined for gold and silver. In the 1980s a geologist determined the project to have “excellent potential for the discovery of bulk tonnage, heap leachable precious metals system in the 5,000,000 ton range having a grade of +0.05 oz/ton gold with significant attendant silver values.”

Wollastonite Market: According to Grand View Research the global wollastonite market size was valued at $362 million in 2025 and is projected to grow by 8.8% annually through 2033. The market offers substantial opportunities due to the growing focus on sustainable, non-toxic industrial minerals. Wollastonite is gaining popularity as a safer substitute for asbestos in friction materials, insulation grades, and construction applications owing to its environmentally friendly characteristics.
The North America wollastonite industry is experiencing steady growth, driven by strong demand from the construction, automotive, plastics, and coatings industries. Wollastonite is widely used in construction materials such as ceramic tiles, cement boards, insulation panels, and paints due to its high strength, thermal stability, and low moisture absorption. Increasing investments in infrastructure renovation and sustainable building materials across the U.S. and Canada are supporting higher consumption of wollastonite in the region.
Currently domestic US wollastonite prices range from $350 to $750 per metric ton.

The wollastonite deposit occurs as a classic contact metamorphic skarn zone. The wollastonite occurs in a window that contains Paleozoic sedimentary rocks which were intruded by a body of quartz monzonite. The window, which measures about 7200 feet NE-SW and up to 2400 feet wide, is surrounded by Tertiary volcanic rocks. The sedimentary rocks and the wollastonite-rich bodies have a general north-south strike and 45 to 50 degree west dip. The wollastonite bearing material has a known strike length of about 1400 feet and could have a maximum length of nearly 3000 feet. Outcrops of the wollastonite and the country rocks in the area generally are quite poor. The outcrops range from about 90% wollastonite to unaltered rocks that contain none.
The wollastonite-rich material on the property varies in color from light gray to nearly white. Much of the wollastonite occurs in fans or sheaves of crystals up to about 1 inch long. Calcite is the major contaminant and is present in all the material as light brownish gray grains. Even the purest wollastonite contains about 5% calcite; it appears unlikely that any substantial bodies of wollastonite are present that contain less than 10% calcite.
The aspect ratio of the wollastonite is good and while the brightness is not high on the surface it improves in unweathered material at depth.
Diamond and reverse circulation drilling identified major wollastonite mineralization to a depth of 500 feet. The ore was reported to be of 50-70% wollastonite with a resource around 2 million tons including 1 million tons of 70-80% wollastonite.

The Gilbert mining district was mined for gold and silver as far back as the 1880s when the Carrie Mine (a gold/silver mine) on the current Monte Cristo project was first developed. The Carrie Mine consists of around 1000 feet of workings which followed quartz veins ranging from a few inches to several feet thick. Most of the work was done prior to 1925. Numerous prospects surround the main mine and dumps containing a considerable amount of potential ore exist near the mine site.
With rising metal prices the area received renewed interest in the 1980s when Sikaman Gold Resources made a discovery of wollastonite while exploring for gold. After conducting diamond and reverse circulation drilling the company identified major wollastonite mineralization to a depth of 500 feet. The ore was reported to be of 50-70% wollastonite with around 2 million tons of reserves. The location was deemed well suited for low cost open pit mining.
In 1990, Sikaman sold a 25% stake in the property for $400,000. In 1993, 10,100ft of close-spaced core drilling defined 1 million tons of 70-80% wollastonite.
The late 2000s saw another rise in interest in the area and in 2012 Hecla Mining purchased the neighboring project for $4.5 million. According to Hecla, their project has an inferred resource of 913,000 tons of .14oz/ton gold amounting to 131,300 ounces.
Since Sikaman’s work the wollastonite deposit appears not to have gone more development.

I am offering this project for sale with owner financing. The terms would be $95,000 carried over the 10 years at 3.5% making the payments $939/month. The purchaser would have full rights to the claims throughout the payment period via a purchase agreement and the title would be transferred by recording Quitclaim deeds with Esmeralda County and Bureau of Land Management once the payments are completed.