InvestorsHub Logo
icon url

lakers17

01/06/12 9:41 AM

#4514 RE: StocktraderDK #4513

So how are they getting the gold and silver out? At what cost? Have they been assayed and valued?
icon url

lmcat

01/06/12 12:49 PM

#4527 RE: StocktraderDK #4513

Yes the mines exist but they are old abandoned mines that will require millions of dollars to develop.

The Big Chief mine owned by WSRA.


The Big Chief Mine has two vertical shafts and a collapsed horizontal shaft about 400 feet away.


A shored mine shaft and what the Arizona State Mine inspector will likely require WSRA to do before they get a permit to mine.
Maybe that's why they have CON-X to do this construction.

http://www.southwestmines.com/id9.html

WSRA owns the Goldwater mine and shows it for sale for $300,000.

The Goldwater Mine is located in the Bradshaw Mountains. This mine consists of one collapsed horizontal shaft, and one collapsed/flooded vertical shaft. The Goldwater Mine is incredibly hard to reach. Our team used a GPS to pinpoint the exact location and still could not find it for about 20 minutes.