U.S. Gold Mine For Sale Or JV
Location United States
Asking Price Range > $35.0M
Gross Revenues $100000000
Net Profit / Cash Flow $80000000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1995
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Owned
Description U.S. Gold Mine For Sale or JV. $750M for 100% ownership, $450M for ownership of Gold ( $5B at 850/oz) with mining rights only ( JV) estimates as per Geological reports. Caveat emptor. $250 million for ownership of Gold ($3B at 850/oz) with mining rights only( JV). The recovery cost of gold is 30% of market value of 24 K gold, to be paid by the buyer on delivery of Gold Bullion in a JV arrangement. All estimates of value are deduced from geological reports. Buyer to verify and conduct due diligence.
Geological report 1 ; estimate at 30-40 billion x 60% recovery. Geological report 2: estimate at 13 + 4 = 17 billion x 60% recovery.
After the three samplings were evaluate the gold value per sample as related, were quite consistent and ranged from $6800.00 to $2480.00 per ton in micron gold in the overburden. Note: gold value estimated at $800.00 per ounce. Using this $2080 per ton, $2,000.00 per cu. yd. as the basic figure, the following results would be obtained, limiting our estimate of yardage, tonnage, values, etc. to a known area, namely the patented 340 acres. Cubic yard weight placer gravel equals 3600 pounds.
340 acres patented - est. cu. yds - 6,582400 at $2,000 = $13,691,392,000.
340 acres patented - est. tons - 11,848,320 at 800 per ton = $13,691,392,000.
Conservatively, recoverable values estimated at approximately 60%. Cost to recover estimated at 20%.
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