Turn-key gold mine with current permits, active reclamation bonds, and extensive infrastructure—including onsite placer and quartz processing mills. PG&E power on site.
Approximately 4 miles of un-mined, gold bearing gravel channels identified on the property. Geologists estimate gold resource potential of over 150,000 ounces.
Newly developed mining plan projects a total capital expenditure of $1.5 million to fund an operation to profitable production in year 2 and a target production rate of 10,000 oz/year.