Colorado Gold Mine For Sale

Outlet Group Mineral Property

Mine Details

Commodity: Gold, Silver, Zinc
Location: Colorado, USA
Terms: For Sale
Price: Contact Vendor

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Summary:

The Outlet Group Mineral Property is in Mineral County, Colorado, located in the Creede Mining District. The property consists of nine contiguous lode mining claims. All have been staked, and mapped to provide maximum coverage of the relevant locatable deposits in the area.

The Outlet Group Mineral property is so named for the company that operated the last major work in the district. Outlet Group Mineral opened the Palo Alto Tunnel, the Holy Moses #2 Tunnel, the Carbonate Adit, the Gormax Adit and re-opened and cut over 4000’ in the outlet tunnel defining valuable blocks of ore and mapping mineralized veins.

The property was last active in early 1970 and produced several hundred thousand dollars from the time of its inception in 1953. Contains a variety of adits that were largely cut in the mid to late 1950s and early 1960s. The Outlet and Sublet Mining Companies did the majority of the work in driving over 3500’ of drift work, working outside and between existing patents. This drift work showing that the off shoots of the Holy Moses, Phoenix and Gormax veins were indeed still quite rich and nowhere near tapped out.

Location and Access:

This property in near Creede, CO and can be located by high clearance 2WD.

Description:

Silver is primary with gold, zinc, and copper as secondary mineralization. There is extensive documentation describing the workings, drill programs and the geology of the mines and how they work into the older mines of the district that are noted to be largely worked out.

Access to the current workings is limited to hike in only. The road to the Outlet Tunnel and the Holy Moses 2 adit has been washed out by the East Fork of Willow Creek over the years. Upper workings such as the Carbonate Tunnel and the Palo Alto Adit can only be reached by hiking in.

This is an excellent mine for a small mining company who can do the initial required work to get the portals open and define ore bodies while moving towards large scale operations.

Geology:

Contact Vendor for a GRMP-43 report that details the geology of the Outlet Group mineral property.

History:

Contact Vendor for a GRMP-43 report that details the history of the Outlet mineral property.

Additional Information:

The Outlet mineral property consists of nine contiguous lode mining claims.. This property in available for inhouse financing.

Photos:

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