A Copper - Moly - Gold - Silver - Lead - Zinc property with world-class potential is currently available for acquisition by a company or investment group. The property is about 15 km SW of the producing Copper Mountain Mine outside of Princeton, BC, Canada.
There are currently 120 million tonnes of drill inferred Copper/Gold/Moly/Silver mineralization worth over $3.5 billion at October 2015 metals prices outlined in two small zones, with good potential for over 500 mil tonnes. The property should be developed further to place mineralization into proven and indicated categories. At that point it could be JV'd with a major company, sold or developed to production. There is also a large zone of economic grade surface gold mineralization which could be mined by open pit. Other areas hold high grade Silver/Zinc which had previously been mined on a limited scale. More drilling would prove up reserves in this area.
We are entertaining the best offer in excess of $4 million for a 100% interest, subject to a 3% NSR. The initial payment required is at least $2 million, with at least $2 more payable in the 1st quarter of 2016 and the balance in the 1st quarter of 2017. We would consider vending this property into a public company in return for stock if that company is well-established with a highly-liquid stock.
We are only interested in dealing with principals or a direct contact representative of a principal who is able to make a buying decision and has the funds available to complete a deal.
We feel that this property has greater potential than Copper Mountain in terms of both near-surface tonnage and also gold and silver values. Previous drilling has uncovered zones of high grade gold/silver/zinc values which are lacking at Copper Mountain.
DealStream.com is an online community for dealmakers with over 100,000 active members in 100 countries.
Our members include entrepreneurs, corporate executives, private equity groups, business brokers, investment bankers, and M&A advisors. They use our website to buy businesses, sell businesses, and expand their professional networks.
If you are looking to buy a company or buy a business, we offer a searchable database with over 15,000 listings of businesses for sale, companies for sale, and franchises for sale. We have a lot of listings for middle market businesses for sale and large businesses for sale.
If you are looking to sell a company or sell a business, you can list your business for sale for free and reach thousands of business buyers and intermediaries.