Gold Patented Mine
Rare opportunity for deeded land (patented gold mine) in the heart of the Blewett Mining District.
also around 25 min from Leavenworth, or 40 min from Wenatchee, Washington.
HISTORY:
The property for sale was located in the mid 1880's and patented early 1900's. It has produced gold on and off since the beginning. Last major operation
was in the mid 1980's. Removing for several years high grade gold in the 5-6 ounce per ton range. Owners of the property at this time, sued the operator
and shut down the operation for not paying their royalties. Reportedly, more rich ore remains with-in the mine.
According to Charles Weaver, the Ellinor Mining Co. ( on the property) produced 8,000 tone of ore, valued at $70,000.00 in 1901. Having averaged from $10.00 to $132.00 in free gold. Gold prices were $20.00 per ounce then. $70,000.00 equals 3,500 ounces gold for the year 1901.
Total production for this property is not known, but for sure, it would be many times what has been reported.
The current owner has removed multi ounce per ton gold pockets from this property. Gold so rich, the concentrating table top riffles were buried in gold.
I was shown gold from this property removed in the 1940,s that ran $89.000 per ton. At $35.00 per ounce, that's 2,542 ounces. He explained the pocket was around 1,000 lbs. in size.
Reportedly 2 other very rich gold pockets were also found.
According to Huntting, Facklers, in 1942 were shipping ore valued at $50.00 to $100.00 per ton (at $35.00 gold prices) to the Tacoma Smelter from the Pole Pick mine. This mine is on the property.
Sporadic production reported between the years 1934 to 1953 were 2,058 tons recovering 1,676 ounces gold from the Pole Pick mine, Gold Bond
Mining Company, according to the Bureau of Mines Confidential production figures.
Between 2012 - 2016 ore valued between 0.40 to 3.80 ounces per ton were removed. A small portable gravity mill operated by Richardson Gold
Mines.
Estimated at least several hundred tons of dumps on the property that have assayed 0.127 to 0.133 ounces gold per ton.
GEOLOGY:
Gold ore occurs in defined fissure veins chiefly situated in serpentine rock. Vein material consists of quartz, calcite and talc carrying native gold,
arsenopyrite and sulfides. In the oxidized zone, gold occurs in free state in the rusty, decomposed, iron stained quartz, According to Weaver (1911)
in the deeper workings the vein material is more characteristically composed of calcite with quartz heavily impregnated with arsenopyrite and pyrite
carrying gold that ranges from one dollar to several thousand dollars per ton, (at $20.00 gold price). In some of the richer pockets in the lower
workings, large flakes and wire-like pieces of gold could clearly be seen with the naked eye. Many of the riches specimens occur in talc along the wall
rock.
PROPERETY HIGHLIGHTS:
* PRIVATE PROPERTY WITH MINERAL RIGHTS
* PAST MINING OF HIGH GRADE GOLD ORE AND RICH POCKETS
* HUNDREDS OF TONS OF GOLD BEARING DUMPS
* 10'S OF THOUSANDS OF DOLLARS OF STANDING TIMBER
* WATER FOR CABIN, TEST MILLING, MINE CAMP, SMALL HYDROPOWER
* DESENT 4X4 ACCESS TO PROPERTY AND MAIN MINES
Financials (USD)
Asking Price $375,000
Additional Details
Minerals Gold
Acreage 15.25
Production Past producer
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