GOLDTECH ENGINEERING - Mining Properties in the USA
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ESTIMATED MINERAL RESOURCE: 4,941,123 oz AU
PROJECTED ANNUAL NET PROFIT: $88 Million at 100 tons per hour
The above estimate is based solely on independent historical data from exploration programs completed by professional geologists and mining engineers. Prospective interested parties are cautioned to complete their own independent valuation of the Greyhound property via due diligence analysis of all historical data, and independent testing.
LOCATION: The Greyhound mine consists of 9 unpatented lode mining claims, located in Yavapai Country, Arizona near Black Canyon City, about 50 miles north of Phoenix. The site is on a combination of Bureau of Land Management lands and Arizona State lands where the federal government holds the mineral rights. The mineralized zone is long and narrow, covering about 2.5 miles. It is easily accessible via well maintained roads and a year around warm weather climate. There is an abundance of private land available for acquisition and construction of a mill and processing site, equipment and maintenance yard.
MINERAL RESOURCE: Greyhound has been thoroughly tested by independent professional geologists, including a comprehensive drill test program. The drilling results provide an estimated resource calculation showing 32,063,167 tons of ore containing 4,941,123 ounces of gold. An estimated total resource at mine out is potentially much larger as there is no indication that the vein/shear zones are terminating close to the maximum drill hole depth from either a structural or mineralogical standpoint. Although given in good faith, the add on estimate is speculative only, and subject to verification through exploration and testing.
PRODUCTION ANALYSIS: Greyhound has ore tenor averaging 0.154 ounces per ton. The average recoverable ore value is $184 per ton at $1,300 per ounce. Average mining costs are $10, milling costs $20, smelting and refining costs $5, environmental and reclamation costs $5, and contingency and other overhead costs $2. This leaves an average net profit of $142 per ton.
At 200 tph, the operation should yield a net profit $284,368 per 10 hour shift at $1,300 per ounce. A double shift operation should yield a net profit of $568,736 per day. Running the double shift 24 days per month should yield a net profit of $13,649,664 per month. Assuming about 11 months of actual operation, the annual pre-tax net profit is projected to be approximately $150,000,000.
PERMITTING: The property is located on BLM land. There are no anticipated impediments to permitting on this desert scrub landscape.
A COMPREHENSIVE DATA PACKAGE IS AVAILABLE FOR REVIEW BY QUALIFIED BUYERS AND THEIR REPRESENTATIVES
TECHNICAL & GEOLOGY DOCUMENTS:
1984 Geo-Processing Geology Report
1984 Zinkl Geology Report
1984 Zinkl Drill Test and Geology Report
1985 Zinkl Drill test and Trenching Maps
2005 Jenkins Technical Summary
Various Historical Assay Reports
2016 American Assay Lab Report from Surface Sampling Program