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Businesses For Sale   >>   Metals Manufacturing Businesses For Sale

Rich, Abundant Placer Gold Mine - 40 Acres

Location  Arizona,United States
Asking Price Range  > $35.0M
Gross Revenues  $50000000
Net Profit / Cash Flow  $45000000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2001
Number of Employees  4 - 5
Inventory  2000000
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Owned
Training  Complete training
Reason for Sale  Retirement

Description  
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. Listed Price: $40,000,000


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