Description of the business for sale
Looking for an Investor or Owner/Operator. The mine is a "turnkey" operation. There is an experienced management team and operating crew ready to run the gold mine for a new owner, if needed. The financial projections yield a net profit of $770,000 per Month! Based upon a gold price of $500/oz (current price is around $950/oz), the reserves have an estimated value of $200,000,000. Operations were shut down in 2004 when the mine was to be sold. Sale price includes 39 mineral claims and equipment. A 43-101 geologists report was recently completed and available.