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The
Historic Ruby Mine (L430)
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| Turn-Key
Gold Mine with 500,000 Oz Placer Gold Resource
potential |
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Rich 200,000 Ounce Production History from Tertiary Channels and Quartz
Veins |
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Well-Equipped,
Extensive Facilities for Mining & Milling both Placer and Lode |
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1,750 acres in
California's Sierra Nevada Foothills: approximately 1,320 acres of
Mining Claims and 430 acres of leased mineral rights |
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Big Gold -- 201
oz Nugget found. The Ruby is reknowned for its production of coarse
gold |
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Price
$2.5 Million USD -- will consider
stock in listed company or possible terms
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Includes over $3
Million in Facilities, Improvements & Equipment |
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Paved Road to Property |
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Family Owned
for 40 years: Reason for sale -- Age & Health
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Description
One of California's best-known placer drift mines, this large land package
hosts a system of gold-bearing Tertiary channels that have produced desirable
coarse jewelry gold and spectacular specimen nuggets since the 1800's
Geological Studies infer a potential Placer Gold resource of 500,000
ounces from several miles of unmined Channels remaining in this property.
Quartz veins on the property have yielded High-Grade Specimen Gold-in-Quartz,
but the Lode potential is largely undeveloped.
A Plan of Operations, a Water Order and over $150,000 in Reclamation
Bonds are in place.
There is ample Water for mining & milling, and Timber is available on
the property to mill for use at the mine.
Equipment
and Facilities
- 1,000 yard per day Placer wash plant
- 50-ton per day Quartz mill
- 6,000 feet of tracked haulage
- Certified Man-Hoist accesses directly into Channel Workings
- Underground Equipment onsite: Trammers, ore cars, rubber-tired loaders,
fans, winches, drills, etc.
- Support Equipment for Underground: compressors, generators, etc.
- Surface buildings, facilities and equipment: Shops, offices, housing,
bandsaw lumbermill, 4x4 loader/backhoe, trucks, etc.
- Second Exit shaft almost 2 miles from portal also provides natural
ventillation for much of the underground workings
- PG&E Power on property
- Excellent system of roads
Other
Features
- Archive of Maps and Reports
- Detailed Geological Investigation & Economic Evaluation Report can
be upgraded to 43-101 Compliant
- Phase I Environmental Site Assessment completed
- Close to town -- airports and metropolitan areas about 2 1/2 hours
distant by paved roads and highways
For
More Information Contact:
Ruby
Development Company
telephone:
530 478-0321
email:
rubymine@netshel.net
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