|Placer Mining Claims For Sale|
BLM AMC #406403
Call For Current Pricing
Our 40-acre More Nuggets placer mining claim is located eight miles east of Quartzsite in the rich Italian Wash drainage. It is a placer deposit with fantastic opportunities.
Advanced Geologic will either sell the mineral rights outright for $6,000,000 or perform a joint venture partnership for a buy-in fee and revenue sharing plan. We would provide permitting and geotechnical expertise, as well as mine management given capitalization of expenses of about $1.2 million on top of the $1.2 million joint venture buy-in fee.
Some of the amenities are:
These claims are adjacent to and directly down-wash from the Gold Nugget Mine that has announced ±8 million ounces of gold indicated and inferred via a 43-101 geotechnical report. One of their borings was drilled on this claim retuned the following results:
The Gold Nugget Mine projects depths of 90 feet to bedrock for their volume calculations. Not all of the More Nugget claim contains alluvial gravels, and in fact, only 11 acres is considered mineable. The test boring from the Gold Nugget Mine indicated the thickness on the upvalley claim boundary to be 65 feet. The bedrock contact tapers off to zero on the east margin. Therefore, we estimate that on the 11 acres of minable material there should be a volume of about 2.1 million cubic yards. Considering the average of the Gold Nugget Mine samples above is 0.1995 ounces-per-yard, the projected gold content would be about 210,000 ounces.
While 210,000 ounces seems rather fantastic and borders on unbelievable for only 11 acres, it does suggest that a potential exists for a large economic gold resource that needs to be tested. Therefore, our joint venture opportunity for $1.2 million would secure your 50/50 revenue sharing position on this project. Alternatively, you could purchase the property outright and retain 100% of the revenue.
If you are interested, please contact Advanced Geologic right away because this property will not last long. We could initiate the permitting of an Exploration and Testing Plan immediately upon the transfer of your funds and signed formal contractual agreements. In conjunction with the TR claim block and its leased State lands up slope where the processing of the material could take place, this maks for a substantial resource position in a proven gold producing valley.
For your interest, below is some background geology about the Plomosa Mining District.
The alluvial gravels on the property consist of schist, granite, and volcanic material that were derived from the Plomosa Mountains. The schist exposures in the Plomosa Mountains contain gold-bearing quartz veins and stringers that were a significant source of the placer gold deposits of the alluvial gravels. There are several outcrops of exposed quartz veins similar to exposures that host gold mines in the region. These occurrences are geologically important because they are the host rocks of numerous prolific vein-controlled gold mines in Plomosa Mountains.
The TR property is located within Italian wash that drains the south-central interior of the Plomosa Mountains. These drainages show thick and abundant alluvial gravel deposits derived from the Plomosa Mining District. Significant historic bedrock gold mines in this drainage include the Gold Nugget, the Belle of Arizona, and the Apache Chief. Numerous small digs and other prospects dot the drainage basin up valley. The alluvial gravels from these mineral-rich areas undoubtedly contain gold. The TR claims overlies these auriferous deposits.
Surface water is present only during seasonal storms that flow within the numerous dry drainages in the area. Water wells can be sited within locations of thick alluvial gravels to pump water from the underlying water table unconfined aquifer. Wells can also be sited along major fracture zones and intersections of fractures to obtain water from fractured bedrock confined aquifers. Water is available for the exploration and testing operations from nearby wells.
The eastern margin of the Plomosa Mountains is blanketed by alluvial fans. As the La Posa and Ranegras Plains basins dropped down and the Plomosa Mountains were raised, the alluvium was deposited and, over time, has attained substantial thicknesses. Closer to the range front, the washes spread out across the alluvial fan apron, depositing a relatively even thickness of material. The TR property is located on the Italian and Poormans Washes and is comprised of alluvium. Varying thicknesses of alluvium are expected as the alluvial fan complex aggraded and buried the bedrock along the range front. At least three remnant fan surfaces are present in the washes, which probably correlate to changes in climatic environments during the last 130,000 years. Because of the gold-bearing deposits in the headwaters to these drainages, these alluvial deposits are auriferous.
A perpendicular transect across an alluvial wash typically sees thin deposits on the sides close to the bedrock contact that become thicker towards some central-wash location. These “troughs” increase in thickness in the down-wash direction. The subsurface morphological expression is quite variable, however, and can be significant concentrators of economic gold mineralization. Recent bore hole drilling on an adjacent mining claim indicates the gravels are about 65-75 feet thick.
As is typical of desert environments, a prominent caliché layer resides at the bedrock-alluvium contact. In some cases, intra-stratified caliché deposits have been observed in other nearby mine workings and are expected on the TR property. The intra-stratified cliché deposits are generally confined to specific layers that have origins with pale-soils or groundwater conditions and tend to be laterally lenticular and discontinuous for any length of the fan complex.
More descriptions later....
Estimated GPS Coordinates:
The Location Notice for the More Nuggets placer mining claim has been recorded at the La Paz County Recorder's Office (see registered number above) and the Bureau of Land Management. It is a non-patented federal mining claim. Fees are current for 2013 and you will need to file appropriate paperwork to hold the property every year thereafter.
Upon payment, the mineral claim will be transferred via a notarized Quitclaim notice filed in your name with La Paz County and the BLM. Limited payment terms and conditions are available; information available on request.
Advanced Geologic has an exceptional automatic claim notice filing system that will maintain your annual filings for any claim in the United States. Advanced Geologic reminds you that you MUST file annual notices with both the county in which the claim is located AND with the Bureau of Land Management by the appropriate dates. There are NO exceptions and errors will lead to the loss of your claim! Are your claims filed correctly?
Advanced Geologic is a professional geologic consulting firm located in Chester, California. We not only sell quality mining claims, but we also help people work their claims. Our experience in resource evaluations, compliance and permitting and claim portfolio management allows our clients and buyers to go for the GOLD.
Interested? Send us an email or call.