Eastern Nevada Gold Placer

The claim Group consists of 7 contiguous claims all sharing a common side, totaling 840 acres. Current and in order with BLM, Reno.
Location and access- In White Pine County Osceola Mining District. Section 10,14, and 15, T14N, R68E. Access on Powerline Rd south of Highway 6/50 at Weaver Creek turn off, 4.5 miles.
Description-Over 1 square mile of shallow Alluvium ore in 3 found distinct layers approximately 28’ deep to false bedrock.
Geology- The over 20,251,600 + cubic yards of ore resulted from the long term erosion and weathering of an ancient auriferous mountain that now covers ancient channels spread out in a distinct alluvium fan deposit, toward the northwest.
History- the 14 pit bulk sample test was administered in the early 1980’s. Over 1500 cubic yards was run and an average of .017 oz per ton was documented. The gold is .849 fine, impurity is silver.
At the current New York spot price of $4000 an ounce, the over 20,521,000 cubic yards of ore will average $86.17 +-per cubic yard based on the results of the bulk sample test.
This a a relatively easy mining project as the ore is fairly uniform and at a shallow depth. Copious water is available approximately 200’ deep and a beneficial well and water settling and reuse will be part of the gold recovery plan. Very detailed report will be sent to a qualified principal.