CLCM Security Details
California Mines is a U.S.-based exploration company, focused on the acquisition and development of gold and other precious commodity projects that are economically viable. The Company holds the Providence group of mines: a past producing gold property in California acquired in August 2011 by lease and option to purchase.
The Providence project consists of 65 acres of real property and 260 acres of Bureau of Land Management mining claims situated in Tuolumne County, California.
The Providence Gold Mine is located approximately six miles from the town of Tuolumne which is in the East Belt of the Mother Lode Gold Belt one of the most famous gold regions in California gold mining history. This belt has produced some of the richest gold in the past and produced over 125,000,000 ounces of gold. Experts estimate that the produced gold represents 10% of the remaining gold left underground in the Mother Lode Region. The Mine has been owned by the same family for over two generations.