Deposit Type: Vein, Breccia and Stockwork Commodity: Gold State/Province: CA Country: United States Deal Type: Sale Conditions: Will consider stock in listed company or possible termsPrice: 2,500,000.00 Currency: United States Dollars Contact Information Contact Name: Ruby Development Co. Phone: +1 530 478 0321 Email: rubymine@netshel.net
One of California's best-known placer drift mines, this large land package hosts a system of gold-bearing Tertiary channels that have produced desirable coarse jewelry gold and spectacular specimen nuggets since the 1800's
Geological Studies infer a potential Placer Gold resource of 500,000 ounces from several miles of unmined Channels remaining in this property.
Quartz veins on the property have yielded High-Grade Specimen Gold-in-Quartz, but the Lode potential is largely undeveloped.
A Plan of Operations, a Water Order and over $150,000 in Reclamation Bonds are in place. There is ample Water for mining & milling, and Timber is available on the property to mill for use at the mine.
Equipment and Facilities:
1,000 yard per day Placer wash plant 50-ton per day Quartz mill 6,000 feet of tracked haulage Certified Man-Hoist accesses directly into Channel Workings Underground Equipment onsite: Trammers, ore cars, rubber-tired loaders, fans, winches, drills, etc. Support Equipment for Underground: compressors, generators, etc. Surface buildings, facilities and equipment: Shops, offices, housing, bandsaw lumbermill, 4x4 loader/backhoe, trucks, etc. Second Exit shaft almost 2 miles from portal also provides natural ventillation for much of the underground workings PG&E Power on property Excellent system of roads
Other Features:
Archive of Maps and Reports Detailed Geological Investigation & Economic Evaluation Report can be upgraded to 43-101 Compliant Phase I Environmental Site Assessment completed Close to town -- airports and metropolitan areas about 2 1/2 hours distant by paved roads and highways
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