NVGC Nevada Gold having a huge volume day! Over 6 million traded $.355
The Diamond Jim Mine is located in the Island Mountain mining district in northern Elko County, Nevada state. The property consists of 33 lode claims encompassing 660 acres which are now held under an option agreement. This property is centrally located to a larger claim block that has been controlled and explored by several different exploration and mining companies off and on since 1962. The Diamond Jim mine was discovered in the late 1860’s and went into production in 1934 with serious production commencing in 1954. Previous “estimated” non-NI 43.101 compliant resources were 4.25 million tons grating 2 ounces of silver per ton. This estimate was defined in 1985 by Columbus Mines Inc. The “Non 43-101 compliant resource has an in ground gross, value of $182,750,000 million worth of silver.”
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