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JellyDonut

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JellyDonut

Re: None

Monday, 10/20/2014 1:55:19 PM

Monday, October 20, 2014 1:55:19 PM

Post# of 54168
The mining operation consists of thirteen claims totaling approximately 980 acres. The Claims are placer alluvial deposits which are deposits made by mountain water run-off from the Snake Mountain Range through the Mary Ann Canyon. The Geologist Report, from 2010, indicates an average value of $117 per cubic yard, at a gold price of $1,000 which would equate to over $175 per cubic yard at today’s prices of $1,500 per ounce. The report indicated increasing gold concentrations at greater depths.


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