Description

This site 80 acres has never been mined, it is part of the gold basin as reported by United States Geological Society, which projected between .25 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 numbers used in calculating operating cost are estimates.

ore/day 1500
oz/ton 0.95
oz/day 1425
oz /month 28500
$ per day 1,995,000
$/month 39,900,000.00
$/year 478,800,000
25% op cost 119700000
Ebit 359,100,000


gold palladium silver
ton/hour 150 ton/hr 150 150
gram/ton 0.74 oz/ton 0.16 0.55
gram/hour 111 oz/hour 24 82.5
hours/day 12 hours/day 12 12
gram/day 1332 oz/day 288 990
$/day $70,596 $/day $218,016 $22,770
gram/wk 7992 oz/wk 1728 5940
$/wk $423,576 $/wk $1,308,096 $136,620
$/month $1,694,304 $/month $5,232,384 $546,480
annual $20,331,648 annual $62,788,608 $6,557,760


Minium amount of gold calculation Medium amount of gold calculation USGS gold Calcuation low USGS gold calculation ave
Depth in ft 120 120 120 120
grams au/ton 0.6 48 0.26 0.74
ton/acre 232,320 232,320 232,320 232,320
grams au/acre 139,392 11,151,360 60,403 171,917
price of gram $53 $53 $53 $53
price of acre $7,387,776 $591,022,080 $3,201,370 $9,111,590
Value of 80 acres $591,022,080 $47,281,766,400 $256,109,568 $728,927,232
Value of 1140 acres $8,422,064,640 $673,765,171,200 $3,649,561,344 $10,387,213,056

Sale of Property
80 acres $80,000,000
1140 acres $1,250,000,000

Posted Jun 13, 2013

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Disclaimer: MergerNetwork has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.