High grade vein deposit at 450-620 feet deep continues beyond the property boundary. Mining can continue to follow the vein deposit since the surrounding property is also owned by the mine owner and offers step-out mining at a 6 percent royalty.
Mine Owner believes the best, most efficient and most economical way to mine the Gold Mine is to start at the Surface Outcrop of the High Grade Silver-Gold Vein, excavate the existing glory hole and follow the veining down to depth with underground mining, refer to section drawing of Lower Deposit at approx 450'-620' deep in this prospectus video:
After approx 2 years of underground mining, the income from the vein could yield enough profit to begin the mining of the disseminated deposit with an open pit and heap-leach, refer to the Upper Deposit in the section drawing in the prospectus video.
The miner believes there is potential to discover a bonanza in the high grade vein deposit, see the last image in this on-line video with the geological map of the high grade vein indicated with a red color and labeled as a fissure vein. The red zone is extends approx 1-1/2 miles from this mine and to another mine with historical records of significant gold recovery. 6% step-out drilling royalty to the miner to follow the vein.
Please note in the last image of the prospectus video - the geological map that indicates a material denoted by a red color as created from a "Fissure Vein". That Vein can be followed in the trend by paying a 6% royalty to Mine Owner as he owns adjoining patent properties and has lease to BLM property that extends to another historic Mine were there was significant historic gold production involving that vein.
There are two (2) deposits in the patent property of The Gold Mine: 1. High Grade Vein: 400-500 ft deep with a branch to a surface outcrop. 2. Disseminated: near surface to approx 250 ft. Refer to section, photos, drill fences, assay tables in the first video.
Assay tables refer only to the Disseminated Deposit - the only source for the evaluation of the sale price. The high grade vein type deposit needs more exploratory drilling to determine an estimated ore body value, hence it is not a part of the sale price. If Mine Owner does the work of drilling the high grade vein he may keep the mine or sell it for a higher price. The small mine owner has no interest in large operations with large volume disseminated heap-leach mining.
Mine Owner can also be contracted for milling.
Table of Contents I. Video of Excerpts from Prospectus - Maps, Tables, Mine Photos II. Statement Excerpts from the Seller's Offering Booklet II. Summaries IV. Video of Vicinity in Central Nevada V. Vicinity Photos
I. Excerpt from the Offering Booklet Resource Value: 159,000 oz of gold in disseminated deposit (11,176,000 tons grading .014 - .027 OPT Au) $131,970,000.00 if estimated at $830 per oz. - $ 53,086,000.00 Estimated Cost of Production ------------------------------------------------------------------ $ 78,884,000.00 gross net Net Profit for Mine-Mill
(Cost estimated to drill, shoot, load, haul and leach @$2.00/ton and $2.75/ton to collect and pour = $4.75/ton x 11,176,000 tons = $ 53,086,000.00 Estimated Cost of Production)
14,000,000 purchase price US$.
Evaluation does not include 1. Silver ore resource 2. Vein type deposit "lower Au zone" from fissure vein found under property in 2008 However the above items are included in the sale of the patent property.
*. Owner offers step-out drilling on adjacent property for a 6% royalty.
Resource established by Section Slice, Grade Envelope and Standard Polygonal modeling and calculation. Property size is approx 200 deeded acres. Existing Portable Mill and Smelter in vicinity can be contracted with the Seller.
History of property includes a mine with a glory hole, 2 adits, a shaft, existing dirt road access in forested mountains with moderate terrain see photos and videos.
Gold, silver and other metallic mining has occurred in the trend. This mining property has prior mining operations. Over half century ago there was mining activity on the trend.
--- ~ --- End of extracts from Owner's Offer Booklet and Prospectus --- ~ ---
Mine was not played out in its historic era. The original miners of the early 1900s moved to goldstrikes with greater notoriety. Modern mining is able to extract more minerals per ton of ore, process more economically and in far larger volumes than early days mining, hence the mine in its trend has a viable opportunity in our current modern era that includes expectations of increasing demand for physical gold and silver precious metals.
Reason for Sale Seller has sufficient mining operations elsewhere in Nevada which reserve-resource is estimated to last another 10 years. The private, small scale company needs liquidity to further develop current operations.
Prospectus by the owner will be shared with qualified buyers after signing a Confidentiality Agreement by request to email at end of this text. After presentation to you of that specific information then introduction can be made to the Seller for continued discussions and additional information at will.
Seller has explored the mine, surrounding properties and trend for over 20 years. There are aproximately 450 pages of log books, drill maps, assay tables, geology maps, sections, profiles, 3-D computer model showing the estimated disemminated resource ore body as seen in the first video, 24" x 36" full color aerial and satellite photos with anomaly coloration studies, etc.
The owner would prefer to sell the Central Nevada property with disseminated resource to person(s) who will be directly involved in the mining. Should a buyer rather not, the buyer(s) could add working partner(s) who will maintain on-site presence, survelliance.
My association can provide personnel for management and supervision to protect the security of your investment with on-site residents should you prefer to live elsewhere and visit at will.
The Seller owns or controls the surrounding land that is approx 2/3 patent and 1/3 unpatent BLM where the Seller offers 6% step out royalty. Geological studies indicate the deeper vein lode passes through several properties. The name bearing property for the lode had a significant history of gold and silver mining.
Grass field in nearby prairie for aircraft landings is within 5 miles of the mine. Paved road access to within 6 miles of the mine. Good, graded dirt road capable for comfortable travel at 60 mph for the balance. View second video and photos below to see the pleasant natural beauty of a range of moderate hills interspersed with several mountains covered with moderate forests.
In 2008, a high grade vein deposit body was found approx. 200 feet below the disseminated deposit. It is a continuation of a historic lode from an existing neighbor mine with production results. The property is patent claim (private ownership). Current offer to sell the property has no valuation on the deeper high grade body visible in the 3-D modeling as it has not been proven yet, hence it is included at no cost.
Please also note the text in geology map at end of first video depicting a "fissure vein" with a red color. It traverses off property and through several properties. It is the "lower Au zone". Another part of that lode was operated upon by a nearby mine in decades past with significant production of gold and silver. The first video has excerpts from the prospectus that cite a "lower Au zone ... to be drilled" (not proven), hence that second, deeper mineralized vein deposit is included at no charge. The owner believes there is strong potential in the lower Au zone - making the property a great buy due to the the high grade vein type deposit.
The sale price of 14MM USD is based upon the estimate of the shallower disseminated body of mineralized gold and silver that needs a heap-leach operation, the "upper Au zone". The owner does not operate heap leach mining and processing - another reason he wants to sell the property. The owner only works high grade vein mining in small operations since the early 1980s. That is good enough for his ambitions.
I could chauffeur prospects from the Reno or Las Vegas airport with an advance notice of one week, but preferably two weeks.
Contact laneyjc@gmail.com to establish yourself as qualified buyer(s) and request an Agreement of Confidentiality and Non-Circumvention to obtain Specific Property information: satellite anomaly photos, property photos, over 20 years of assay drill tables, geology maps, sections, profiles, 3-D computer models for preparation to discussions with the Seller for purposes of purchase and/or partnership.
MINE #4 ESTIMATED POTENTIAL YIELD PRODUCTION TO START APPROX. FEBRUARY 2010.
ORE IS SITTING IN RE-TIMBERED ADIT.
FULLY PERMITTED.
INVESTMENTS OF 1M & HIGHER WILL BE CONSIDERED.
0.17% ( 0.0017 ) PARTNERSHIP COST COMPARED TO ESTIMATED YIELD OF INFERRED RESOURCE ( 12.245M total partnership TO 7.181B inferred resource) as related to MID 2009 spot .
300 : 1 ESTIMATED R.O.I. FOR INFERRED RESOURCE.
10% BUY-IN IS APPROX..... 1.2M 49% BUY-IN IS APPROX..... 6.0M
MINE Co. WILL RETAIN 51%.
24 YEAR+ MINING COMPANY TO OPERATE THE MINE.
OWNER IS AN EXPERIENCED, PRIVATE CORPORATION MINING COMPANY, HAS EQUIPMENT AND CREWS, EXPLORED THE DISTRICT FOR YEARS and KNOWS NEVADA.
NO NEED FOR INVESTORS TO BE MINERS.
INVESTORS NEED NOT BE IN THE SAME GROUP.
THIS OFFER NOT AVAILABLE TO PUBLIC CORPORATIONS.
MULTIPLE INDEPENDENT PARTNERS WILL BE CONSIDERED.
CONFIDENTIAL BOOKLET SHARED ONLY WITH QUALIFIED BUYERS.
TOURS ARE AVAILABLE. Please begin inquiries with email to laneyjc@gmail.com (Only serious interest need apply...NO PUFFERS...) Eventually we will want to see a letter of credit. If you talk with the mine owner, please tell him you saw Mineral Property's video and webpage. Resource is BASED ON UNDERGROUND TO SURFACE TABULATIONS OF ORE.
Estimated thru-put of mine: 45 - 100 TONS PER 1-SHIFT DAY.
BUY-INS from 1M to 5M WILL BE CONSIDERED.
MINER WILL RETAIN 51% OWNERSHIP TO OPERATE THE MINE.
OWNER IS AN EXPERIENCED, PRIVATE CORPORATION MINER, HAS EQUIPMENT AND CREWS, EXPLORED THE DISTRICT FOR YEARS and KNOWS NEVADA.
NO NEED FOR INVESTORS TO BE MINERS.
INVESTORS NEED NOT BE IN THE SAME GROUP.
THIS OFFER NOT AVAILABLE TO PUBLIC CORPORATIONS.
MULTIPLE INDEPENDENT PARTNERS WILL BE CONSIDERED.
CONFIDENTIAL BOOKLET SHARED ONLY WITH QUALIFIED BUYERS.
TOURS ARE AVAILABLE.
If you talk with the mine owner,please tell him you saw Mineral Property's video and webpage.
...................... Location of Mines, Mining Company and Miner's Prospecti available after signing an agreement with Mineral Property.
Videos, photos of specimens and locale, Assay Results, Whys & Wherefores, continune for a number of pages after this section. The Mining Co. collected properties for several decades. If you were in such a position would you not also think it wise to sell investments when price of Gold has been increasing since December 2008?
Consider purchasing a portion of a gold and silver mine, whether it is the total buy-in or percentage thereof for any of the following:
Gold Mine No.1 total buy-in is 11.2M (80% of whole, Miner retains 20% and operates). Miner anticipates fully permited in 6 months. Mine Co. currently about to drill 3 assay holes in the high grade vein outcrop.
Gold Mine No.2 is 15M (49% of whole, Miner retains 51% and operates) Miner anticipates fully permited in 6 months. Soon will commence tight drilling pattern to create a Reserve. It is 600 feet away and close to the surface from a prosperous high grade deposit.
Gold Mine No.3 MUST SEE THE BOOKLET: 7 OPT-Au at water level 120 ft deep, 8 OPT-Au is another target elsewhere, 132 OPT-Au is the Nugget Pocket. It is in central NV. Investment offer has yet to be created.
Gold Mine No.4 (49% of whole, Miner retains 51% and operates) It is an Inferred Resource Miner anticipates fully permited in 3 months. "They ore is already in the tunnel." It may be the first mine to harvest as it is ready and easier than the others.
Mine Co. will have a mill in operation near No.3.
Please check this blog for additional information approx every two weeks. There are more videos, photos and assay results yet to post.
If investment is a percentage less than the total partnership a. For example, 80% for Gold Mine No.1, each party could have 15%: __ 0.15 x 11.2 m = 1.68 m each.
b. if 17%: 0.17 x 11.2 m = 1.9 m each for 4.7 people __ (So one or more people have a little more or a little less to make 4 or 5 partners)
c. 18% $2m ea for 4.44 parties
d. Using round numbers
2.0m each x 5 = 10.0m (17.86% max each partner) 1.2m for 1 = 1.2m (6 total partners + MERI) ======================== 80% of Gold Mine No.1 = 11.2m
1.5m each x 7 = 10.5 (13.39% max each partner) 0.7m for 1 = 0.7m (8 total partners + MERI) ======================== 80% of Gold Mine No.1 = 11.2m
Realistically a range for 6 to 11 partners.
If 11 different partners, then each contributes approx 1m.
........ At end of next video is a geology map depicting a fissure vein where there is a high grade gold and silver vein deposit.
SELR is to maintain a Working Interest of 20% ownership to be the Operator (SELR-OP) in partnership with 80% investors.
PROJECT GOALS Low Overhead Basis - anticipate US$2m to start production: Dig out the high grade au-ag (HGGS) outcrop to 150 feet deep with bulldozer, then tunnel upto 8'W x 12'H for length of HGGS in property for 2-3 years during which make plans to excavate the upper zone of dissemimated deposit by open pit to heap-leach to mill. At midpoint, approx 1.5 years, consider if it is best to dig open pit down to lower zone of HGGS that has an approx bottom of 620 ft deep that would include both zones upper and lower, disseminated and HGGS in one operation of open pit.
The first year of operation would also include careful analysis by SELR-OP with exploratory drilling and experimental milling-metallurgy for approx 6 months to best understand the mineralogy and how to liberate in the most economical manner the precious metals of gold and silver plus mercury.
The sale of this offer is based on the 159koz+ of gold resource by SELR exploratory drilling prgrams further described in further in this blog and emails with attachments. The 159koz+ Au resource is the basis for beginning the operation to discover what is the value of the HGGS. SELR believes the HGGS could produce gold, silver and mercury significantly in excess of the valuation for the 159koz+ Au.
Existing bond with GOV is for 400-500 thousand US$. As production increases so will the price of bonding. Prior to commencing production of the upper zone, a bond for US$1 million paid in cash is needed for the heap-leach operation of the disseminated deposit, approx 250-200 deep with surface outcrops,
SELR's mill is already bonded.
HGGS processing circuit is different and separate from disseminated deposit: Wash Plant, sulfides go to a gravity and flotation separators.
Crystals of gold and mercury have a higher value than the components, thereby separate processing.
SELR desires to do business only with BUYR that will perform.
Earnest money will be handled by the SELR's mining attorney.
Developing the adjacent 16 mile length by 1.5 mile width (8,000 acres) in the Mining District controlled by the SELR may take 17 years. SELR is wanting the investors of the initial operation to continue in successive operations of what may exploit several bonanzas. Hence the SELR wants Good Neighbors for future Joint Venture Projects in the local trend.
The owner of the mine desires to maintain a 20% ownership in the mine so as to receive partnership profit benefits for operating the mine, since he believes the mine is one of the last unexplored bonanzas in Nevada. We invite you to study the exploration and historical data. The following are some of the highlights.
I. Significant Assay Results in Mine or Adjacent Property (an indicator of potential for the deeper high grade vein zone)
Lode Samples of Gold and Silver in opt (ounces per ton grading of samples by assay). Atomic Chart symbols for Gold is “Au” and Silver is “Ag”.
3.8 opt Au and 150 opt Ag on the stonewall of GSHG Lode, pg 3i - photo of this sample is in Prospectus video #1.
1.5 opt Au and 179 opt Ag in the P claim in east quadrant of the sulfide silver-gold anomaly is bordered by a black Triassic limestone outcropping unit. Samples of the limestone carry gold in excess of 0.1 opt with silver values. This silver-gold anomaly lies between these two units. A complete drill program of this area will increase grade and content, adding to overall resource of the Mine Property, pg 3i - photo of this sample is in Prospectus video #1.
This is the last sample in Prospectus video #1 0.2 opt Au and 0.3 opt Ag ID: Lode Quartz found at apex of lode and prospects below the Mine. the neighborhood, pg 13a. Apex of Lode is in the Mine Property.
Rock specimen in workbook containing; 2.3 opt Au and 180 opt Ag ID: Quartz var. Pyrargyrite, Claim due south of Mine, pg 15
Rock specimen in workbook containing; 3.5 opt Au and 230 opt Ag ID: Quartz var. Argentite from Silver Lode Mine in the neighborhood, pg 15
0.2 opt Au and 0.2 opt Ag assay samples of quartz outcropping in the Mine Property. Refer to Geological Map at end of video depicting a “high grade fissure”, the one zone in red color, indicating a Gold-Silver High Grade (GSHG) Vein type lode for a distance of at least 2,000 feet long by approx 100 feet wide running through several mining properties with historic production results. GSHG vein is a quartz lode structure that is “chimney pipe-like” rising from depths to the surface formed as an up-thrust between Triassic era limestone and Tertiary Volcanic units. This structure forms the apex of the GSHG Lode and is in the property of the Mine. The mineralogy of the ore zone is made of silver and gold sulfides with native gold and silver values in a sulfide quartz ore matrix – page 6.
Another geology map illustrates the GSHG vein in yellow color as a gold reserve of 159,000 oz Au down to a depth of 450 feet as an amorphous body at least 2,000 feet long by approx 100 feet wide to the northwest and widens to 700 feet wide towards the southeast resembling shapes like upside-down branches of a tree/ moose antlers in the area of the Mine Property. (Why SELR wants to start there. SELR is a big giver.) Jasperoid outcrops seem to define the structural pattern. Alteration and mineralization phases like silicification, decalcification and advance argillization with pronounced oxidation and leaching points to an epithermal system substantiated by hydrothermal alteration textures and brecciation – page 3.
The disseminated deposit on the property is with rhyolite tuff beds and meta-sediment underlain by greenstone.
The areas of historic operation have not exhausted the mineralization. The apex of the lode rises to the surface in the Mine Property for sale down to depths ranging from 450 ft to 620 ft (pause the video when at the Section drawing). Historic production occurred in two eras: 1860 – 1880 and 1920s.
An adit was developed for the underground exploration-development effort of the mineralized gold/silver trend to intercept .3 opt Au and 10 opt Ag. It is believed, based upon anomaly field studies and sampling/drilling, that the quartz lode is a continuation of the GSHG mineralized trend, south central part of the overall seventeen (17) mile trend predominantly in a small mountain range and portions of trend continue under alluvial fans splaying out into adjacent prairie, refer to video #2 for geography of the vicinity containing rounded hills covered with juniper forest connecting occasional mountains approx 4 to 5 miles apart bounded by large, low angle continuous strips of alluvial fan bordering chaparral prairie and range land . That summary is from the 2008-2009 N-NW quadrant development project by the Owner’s Mining Company (OMCo), pg 3h.
Lode Samples for Gold by Exploratory Drilling 0.615 opt Au, ID: Quartz Lode 029742-FA30, Oct 09, 2002, pg 13b 0.620 opt Au, ID: Quartz Lode 029742-FA30{R}, Oct 09, 2002, pg 13b 0.201 opt Au, ID: Marked Sample, Oct 30, 2002, pg 13b
0.1-0.3 opt Au Ls. Outcrops of ore, 2003-2004 Ore N&NE Expansion Project, pg 7 0.1-0.2 opt Au Quartz Outcrops, 2003-2004 Ore N&NE Expansion Project, pg 7
0.134 opt Au, 5 ft interval: 135 - 140 ft, ID: RC Hole 007 in 1984, pg 3a
In Prospectus video #1 are two 3-D color rendered cross section models representing two ore bodies and topography, sediment/volcanic contact, bounding fault and 0.01 opt gold grade envelope. Two ore bodies Upper Zone in yellow – disseminated lode extraction by open pit with heap leach Lower Zone in blue – gold-silver high grade fissure vein (GSHG)
Lode Samples for Silver by Exploratory Drilling 1.000 opt Ag, ID: Quartz Lode 029741-D210, Oct 09, 2002, pg 13b 0.726 opt Ag, ID: Misc. Sample, 7645-D210, Oct 26, 2002, pg 13b
Gold and Silver Assay by Exploratory Drilling 0.003 - 0.2 opt Au & Ag: 475 ft – 675 ft deep, JA Drill Program. The sulfide silver-gold ore continues to claims in the southwest. Ores in these mines are very rich in silver-gold values (see samples), pg 5f with excerpt of geological and grading table from Owner’s Drill Log.
Proposed Drill Program for 2009 could be expanded into 200k-250k opt Au resource for the shallower, upper zone of disseminated deposit.
II. Offer Amendments - Nevada Gold Mine Property (PROP)
I. Acronyms SELR: Current owner as described in the Offering Booklet for the PROP. PROP: The gold-silver mine as described in the 2009 Offering Booklet.
BUYR: Buyer(s) or group of investors for the PROP.
USFS: United States Forest Service. BLM: United States Bureau of Land Management. United States: The federal government for the United States of America aka U.S., USA. GOV: Any government agency with jurisdiction concerning the PROP. GOV-REQ: GOV Requirements such as but not limited to: rules, regulations, policy, law, and/or agreements etc. Such items are to be disclosed in advance of sale. PUB: The Public.
CTRL: Control such as but not limited to: Own, Share, Partnership, Shareholder, Time-share, Fractal Ownership, Lease, Rent, Manage, other forms of participation, whether in whole or part, whether directly or indirectly through other entities.
BIZ-ERA: Era of business operation whether current, pending, tentative, proposed, future, yet to be determined, including further development or another use for the PROP. OP: The business Operations on the PROP such as mining.
II. Ownership The SELR desires to maintain a 20% ownership in the PROP so as to receive partnership profit benefits for operating the PROP. SELR wants investors to have 80% ownership of the PROP and OP.
Advantages to retain SELR in ownership: SELR prefers to create the team that will run the operations of mining, transportation, milling, smelting, refining. SELR has 30 years experience with mining in the locale. SELR has many years of experience and maintained a high degree of trust, recognition and favor with persons public, private, corporate and government in Nevada and the USA. SELR can also assist the sales of mining products. SELR manages OP to comply with GOV-REQ. SELR knows GOV-REQ.
If a BUYR desires to buy 100% of the PROP, then there will be strict, irrevocable stipulations in agreements that require: 1. BUYR assume full liability for satisfaction of adhering to compliance to jurisdiction by GOV. 2. Indemnify and hold harmless SELR from any infraction or violation of GOV-REQ caused by operations of/to/for the PROP. 3. BUYR will assume the existing bond with GOV for the PROP and adjacent vicinity. 4. BUYR will pay for all costs to restore damage to PROP or any land affected by operations on/for/to PROP. 5. BUYR will pay for all costs to protect and if necessary to restore SELR reputation with GOV. 6. BUYR will pay for all costs to protect and if necessary to restore SELR reputation with PUB. 7. The current SELR does not want to sell property to anyone who is prone to transgress items 1&2 in this section, since the SELR will CTRL other areas in the mining district for a life-long term and wants good neighbors for good business during a long term. 8. The SELR prefers that BUYR is a private business entity who will participate with him in the operation. The SELR does not want to sell PROP to a mining corporation, nor public corporation.
Final agreement between SELR and BUYR shall be created by the SELR’s attorney.
III. Service Fees to Promoters and Facilitators for the Sales of the PROP - 3% of Gross Sale of PROP to parties representing the BUYR (BUYR-REP). - 3% of Gross Sale of PROP to party representing the SELR in a Limited manner (LREP).
- Ancillary Fees, facilitator services such as for personnel required by Law to transact a sale of PROP such as but not necessarily a Real Estate Broker, Escrow Agent, such fee(s) will be split evenly between parties in the transaction(s) unless there are norm standards where such and such fee is paid by only one party. Ancillary Agents shall be researched, discussed and approved by all parties before an Ancillary Agent is granted permission to commence and complete their work as required by GOV. GOV-REQ are to be made known to all parties of this agreement with ample time to read and understand GOV-REQ before decision, signature and/or payment is required of party responsible to render decision, signature and/or payment. A general list of such items and where to find the text of such requirements should be made known well in advance of the legal sales agreement rendered by legal representatives such as attorneys and real estate brokers.
- Advisor, Attorney, Legal, Counselor, Assistance, Consultant fees are paid by the parties that need or want those services; such fees are not required to be shared by other parties in this agreement.
Red mineralization visible at surface same as in the dirt road. HISTORIC OPEN PIT WITH RED BROWN PURPLE MINERALS Can be see by Google Maps Satellite. GOLD MINERALIZATION TRENDS THROUGH OLD WORKINGS. Different mineral depositions have different soil colors In this central Nevada Mining District affected by what created the Round Mountain.
Obvious soil colorations in separate bandings that range north-south: Yellow is separate and distinct from dark red bandings on surface with a few shades brighter than brick red-brown. Where excavation, the colors continue in the depths. There is also a 24 inch wide gravel channel - dike brecciated by the pre-historic inland sea. Intrusions of nearly black limestone and dark red brown jasperoid rocks.
Mining shaft at side of mountain used during the 1930s Great Depression can be seen as a dark grey rectangle in Google Maps Satellite
Standing at the "Apex Outcrop" of high grade mineralzation in an igneous intrusive, the camera views northward across a southeast to northwest canyon bounded by a ridge northward. Approx 1/3 down from the ridge is gravel road that provides access to a string of 3 man, wildcat mines, from the district's most active era of mining, 1850-1880. It is fortunate that modern mining has not depleted the area, since modern mining has yet to develope the area. Often quoted adage, "Look for gold where gold has been found!" has motivated many parties to find rich deposits with modern exploration systems and extraction in the areas thought to be played out in the late 1800s.
Such potential makes this area have a double value as it was not played out in the one prior major mining era, 1850-1880 and secondly modern mining has been prevented by the owner due to controlling the land since 1982 forcasting to wait for an era of high values for precious metals. Such a time is now. Mineralization 16 miles long x 1.5 miles wide has been identified by many years of exploration by the owner's own drilling that became the guiding light to joint venture with professional exploration companies for 5 drilling programs. On southern slope of ridge beyond valley, approx 2/3rds of the way up is a gravel road that connects many wildcat mines from historic mining era 1850 - 1880.
The "Apex Outcrop" is where high grade mineralization in quartz surfaces in an 80 degree angle from a bed at 450 ft to 620 feet deep depicted as lower high grade deposit in section drawings. The high grade veining is in an igneous body that trends north by northwest for approximately 2,000 feet. It was apparently fed by a major fault that also fed into minor cross faults. The silver and gold veining is complex: many, small, multi-directional veins weaving through the igneous carrier. The patterns are like tree root structures - dendritic.
