Broker Name:Lisiten Associates
Broker Email:ron@bbpinc.com
Broker Contact FormRICH AND ABUNDANT PLACER GOLD MINE ( 40 ACRES )
(MINING, GOLD AND SILVER MINING)
MOHAVE COUNTY, ARIZONA
Listed Price: $ 40,000,000
Listing ID: XCM4440123
Listing DetailsGross Revenue: $ 50,000,000
EBIT: $ 45,000,000
FFE: $ 2,000,000 (Included in Price)
Form of Ownership: S Corp
Terms and Conditions: NEGOTIABLE
Reason for Sale:
RETIREMENT
Training & Support:
COMPLETE TRAINING
Listing SummaryBusiness Description:
| This site 40 acres has never been mined, it is part of the gold basin/lost basin as reported by United States Geological Society, which projected between .5 grams a ton to 1.5 grams per ton. The depths down to 120 ft have been tested and gold has been found throughout. The gold alone on this site would be greater than $250MM at a minimum. We have reports that it is much higher that far exceed government estimates. There is also about .16 oz/ton of Palladium and .55 oz/ton of Silver gives an extremely conservative estimated value of this site over $2B. All number used in calculating operating cost are estimates. |
Historical Summary:
| Gold was found in this region in the 1930's, however the closest water was 35 miles. An underground lake was found in the 1980's and the whole area was bought by a developer who planned to put homes in the area. When that fell through the current owner bought all the land in the area, only a small fraction of the valley has been mined. |
Owner Qualifications:
MINING KNOWLEDGE
Potential Growth:
|
UNLIMITED GROWTH POTENTIAL There is an abundance of gold, silver, and palladium . The water supply is plentiful and power is within 3 miles. The roads leading to the mine are maintained by the county and in great shape. U |
Financing/Terms:
NEGOTIABLE
LocationLease Expire: 0000-00-00
Lease Security: 0
Type of Location: Stand Alone
OperationYear Established: 2001
Days & Hours of Operation: 6 DAYS A WEEK / 10 HOURS
Employees: 5
Managers: 2
Absentee Owner: No