Extremely Rich Gold & Iron Mine
www.GlobalBX.com
Listing ID:
700233052
Listing Title:
Extremely Rich Gold & Iron Mine
Quick Link:
http://www.globalbx.com/listing.asp?bId=233052
Industry:
Manufacturing
Industry Segment:
Metals Manufacturing
Country:
United States
State / Province:
Arizona
Area
City:
Pinal
Asking Price Range:
> $35.0M
Gross Revenues:
$25,000,000
Cash Flow:
$8,500,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2002
Number of Employees:
6 - 9
Business Description:
The claims consist of 640 acres of BLM land in the State of Arizona. The property is recorded in Pinal County.
A claim evaluation and geological report was done by Ron Parker (who is a long time geologist and expert in the area) and shows that the Claims (640 acres) of land contains at least 19,027,008 PROVEN tons of Magnetite (Iron), and a possible 9,211,024 ounces of gold. At last calculated commodity prices in March 2013 report, this amounts to $3,805,401,600 in PROVEN magnetite and $14,714,610,000 estimated gold per 640 acre claim to 200ft in depth. The claims also contain silver, titanium, and other precious metals (see report and assays). The average gold content based upon many assays throughout the area and claim is estimated at .472 ounces gold per ton, while the average Magnetite is 7%. There are much higher percentages of Magnetite on the Claims than the average in the area but this will vary depending on terrain and locations on claim. Other assays have been done in the area just below the claims, out of our same wash and alluvial flow (just property below us) showing gold as high as 4.8 oz per ton. Assays on this Claim have been consistently between .209 opt and 4.8 opt showing results consistent with other assays in the area. The claim is a placer type of mine, in that the magnetite, gold, silver and others are small nano size particles mixed within the sand and soil of the ground. The gold and other precious metals are both attached, and free standing. The site is accessible by a main road that runs near the property. Utilities are close to the property. These claims only have a pilot plant operating, all financial
Listed Price: $ 85,000,000
212-661-4160
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