These 470 Patented acres are located in the most productive gold mining county in California, Butte County. This property offers easy access, year round mining, and it is fully permitted so that you can begin mining today. It is located approx 16 miles north of Chico.

The owner wishes to find a Joint Venture Parner so that he can get this outstandoing placer property in production right away. He is offering a 45% JV for $3.5 million and claims that this property will average one ounce of gold per yard throughout the entire property. The extremeley valuable and hard to get permits are in his name so he needs to be in control of the actual mining or the permits could be lost.

Generally the underground gold bearing tertiary placer channels vary from 8-18 feet in thickness and between 20-200 feet in width with some channels up to 500 feet wide and 28 feet in depth.

Gold found here is often jewelry quality specimen gold and no crushing of ore is needed. Historically mining in this area ran .25. - .35 ounces of gold per cubic yard up to 1 ounce per cu/yd. With modern mining methods gold recovery could easily average 1 ounce per cubic yard. With 1 million yards to work the gold reserves on this property could easily exceed $1 Billion, not counting the premium price commanded by jewelry quality gold.

This mining property is located in the most gold productive county in California!

Fully Permitted !!!

Year Round Mining

For more information email us,

and ask about the

Tertiary Channel Gold Mines #L1115

fax 208 265 5377