Canadian Gold Mine
Location Yukon Territory,Canada
Asking Price Range $5.0M - $10.0M
Gross Revenues $6000000
Net Profit / Cash Flow $5000000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 6 - 9
Inventory 1250000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Reason for Sale The owners have a successful technology company...
Description 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 $680/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.
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