4 Lode Patented Claims in Central Nevada (50 miles east of Fallon) at approximately 39.167 Latitude and -118.325 Longitude in the Rawhide Regent Mining District of Mineral County. Mining operations have been sporadic based on Tungsten commodity prices; it was active from 1937 to 1957 and again for a short while in 1974. Mine site has Power, Water and Telephone Service; most of the equipment is aged and will require repairs and maintenance prior to full mining operations. Sales price includes everything on site, as-is where-is. There is also a decent county road to the mine site. There are about 15 surface plant buildings. The mine is serviced by a vertical three compartment main shaft to the 400 foot level and 100 feet to the north, a two compartment inclined winze to the 500 foot level. The mine is equipped with air, water and electrical lines as well as with a minimum amount of conventional mining equipment and facilities (per Gaylord Hansen’s March 24, 1977 Memorandum). Total Production has been 300,000 units of WO3 (20 lbs per unit). All production has been as mill concentrates which averaged 70% WO3. The only ore mineral is scheelite, a calcium tungstate which contains 80% WO3. The total 300,000 ton ore production is equivalent to the total tungsten unit production. Existing ore reserve is estimated at a minimum of 40,000 tons with “reasonably probability, with aggressive exploration, the ore reserve could reach 100,000 to 300,000 tons”, from Gaylord Hansen’s March 24, 1977 Memorandum. According to the current mine owner, Kennametal (NYSE: KMT) will purchase the raw ore from the mine.
Asking Price $2,300,000
Sales Available On Request
Profit Available On Request
You May Also Like
Nevada Gold Mine $1 Million #218808 posted Jan 7, 2011
- Nevada, United States
Nevada | Utah Gold Mine $1 million. Estimated $500 million Reserves. 10% working Interest with all mineral rights.
Nevada High Grade Silica Mine #206631 posted Oct 1, 2010
- Nevada, United States
2,000 acre deposit of Flour Silica. Geologist report shows reserves of more than 50 million tons, averaging 99.5 pure. The individual grain size of particles range from sub-micron to small gravel. Price reduced for quick sale due to partnership split. Was $18,000,000, now $5,700,000. We also have...
California Gold Mine "For Sale" Cherry Hill Mine #394946 posted Nov 24, 2015
- California, United States
There's Gold In Them Hills! California Gold Mine. Cherry Hill Mine. The Cherry Hill Mine: Established in 1892, a formerly producing, small underground high-grade gold mine. One of the benefits of purchasing a past-producing mine is that the cost of moving into production is much lower than the...
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.