#Business ID: 11933

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RICH AND ABUNDANT PLACER GOLD MINE ( 40 ACRES )

Business Location: MOHAVE COUNTY, Mohave, Arizona, United States

Asking Price: BUSINESS SOLD

Revenue: $ 50,000,000

Cash Flow: $ 45,000,000

[Furniture / Fixtures included]

Business Summary

This site 40 acres has never been mined, it is part of the gold basin/lost basin as reported by United States Geological Society, which projected between .5 grams a ton to 1.5 grams per ton. The depths down to 120 ft have been tested and gold has been found throughout. The gold alone on this site would be greater than $250MM at a minimum. We have reports that it is much higher that far exceed government estimates. There is also about .16 oz/ton of Palladium and .55 oz/ton of Silver gives an extremely conservative estimated value of this site over $2B. All number used in calculating operating cost are estimates.

Property Details

Years Established:

2001

FF&E:

$ 2,000,000

Other Business Details

Business Location:

Stand Alone

Expansion Potential:

UNLIMITED GROWTH POTENTIAL There is an abundance of gold, silver, and palladium. The water supply is plentiful and power is within 3 miles. The roads leading to the mine are maintained by the county and in great shape.

Business Operation Details

Employees:

Trading Hours:

6 DAYS A WEEK / 10 HOURS

Support & Training:

COMPLETE TRAINING

Miscellaneous Details

Reason For Selling:

RETIREMENT

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