Description of the business for sale
The mine is located in Lemhi County in Idaho (United States). The ore deposit is mostly Copper and Cobalt and some Gold & Silver. The estimated value of the deposit is over $350,000,000 based upon the current market prices and a reserve analysis. The entire size of the ore body has not been determined! Cobalt, Copper & Gold prices are continuing to increase significantly. The property consists of 10 mining claims comprising of 200 acres. An ore processing facility is currently under construction within 20 miles of the mine. The mine has a letter of agreement with the ore processing facility. This mine is currently not in production, but several hundred feet of tunneling and rail has been constructed.