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Roosevelt Mineral Property

Colorado Gold Mine For Sale

Location: Colorado, USA
Commodities: Copper, Gold
Available Terms: For Sale
Price: Contact Vendor
NOT AVAILABLE

Summary

The Roosevelt Mining Claim is located in the Gold Brick Mining District, east of the Camp Bird Mine. The property consists of three (3) Lode Claims and one (1) Placer Claim. Total land coverage of seventy (70) acres. The property contains a large span of riverfront which originates far past the town of Pitkin and Ohio city, washing the dumps and tails of many massive mines. Black sands containing small grains of gold are found throughout the river and a surveyor in 2016 reported finding a 0.7 oz. nugget while panning samples. The mine is cut on a wide quartz vein within which, a series of small fissure veins said to contain bits of free gold along with copper and some galena. Surveyors extracted some high-grade vein material from inside the workings at four stations and marked high gold valuations. The Roosevelt tunnel, while started as a small gold mine, was acquired and funded as a portal to intercept a series of vertical veins said to be at least 800’ in length containing appreciable amounts of native gold. Surveyor mapping the drift documented 4,270 with many drifts unexplored due to low oxygen levels and high water.
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