Fully Permitted Place Gold Mine For Sale - Canada

Quartz Creek Gold Mine

Mine Details

Commodity: Gold
Location: British Columbia, Canada
Terms: For Sale, Joint Venture
Price: $350,000

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Capital required to expand fully permitted and operating placer mine.Current reserves of over 800,000 cubic meters grading at estimated average of over 1.8 grams per cubic meter.We mined deposit in short season in 2012 and gold recoveries were excellent. Wash Plant is rated at 100 cubic meters per hour. Funds required for earthmoving equipment to bring production to 1000 cubic meters per day.Detailed Geologist report is available.

Quartz Creek / East Kootenay Mining District, British Columbia, Canada.

Large permitted placer gold mine in southern British Columbia.This land package contains one and a half square kilometers of highly prospective placer gold ground. Orebody tested and proven so far contains over 800,000 cubic meters of material averaging over 1.8 gram per cubic meter. This translates to over $80 million in inground gold value.

Extensive bulk sample testing in 2012 shows pay material from surface to bedrock.Very consistant values throughout tested area.There is a valid permit on this land package through the 2013 season. Geologist report on property indicates average grade of 1.8 grams per cubic meter.Potential exist to expand the proven orebody to in excess of three hundred thousand ounces.Current reserves will support mine life of over ten years.

Capital is required to bring this rare virgin placer ground into full scale production.I am offering a 1/3 rd interest in this fully permitted and ready to mine property.At a production rate of 1000 cubic meters per day this mine will generate over $9 mil per month with a cost per ounce of gold at less then $200.Gold assays from 2012 season ran over 940 fine which is according to refinery the purest gold they received in 2012 from any mine in North America. Many beautiful gold in quartz specimens were found during testing.Contact seller for more info on this rare and valuable placer gold property.

Gold is found in the glacio fluvial gravels and clay. The pay ground starts right at the surface and is uniform right down to bedrock. Heavy clay and large boulders hindered operations in the early days of discovery of this area but modern my equipment had no trouble extracting the gold values. The gold is weatherd out of a massive sulphide deposit and concentrates show extremely high pyrite levels.

This area was originally discovered in 1888 but has seen only sporadic hand mining due to the many large boulders exceeding 3 feet in diameter and some we dug up in 2012 that were over 8 feet in diameter. This is virgin unworked placer ground. My placer mine is the first mechanical gold mining operation at Quartz Creek.

1/3 rd interest for sale at $350,000 or I would be willing to take on an equal 50% partner for $500K.