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Lower Grouse Creek Placer #L925

 

 

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Lower Grouse Creek Placer #L925
located central Idaho
-
800 acres of placer claims
Gold, Silver, & Platinum Values
 Monazite, a rare earth ore, present*
Easy access
In the Florence Mining District
1
FOR SALE
$125,000

This is your chance to own a nice placer claim with good gold values and good road access in the historic Florence Mining District. Grab samples indicate gold, silver, platinum, and rare earths are present on these 800 acres of claims.

It is located on the Meadow Creek drainage of The Florence Mining District in Central Idaho. In 1862 1,000 men were averaging $10-12 per day panning or using a rocker boxes. Gold was $20.65 an ounce at that time. This would make $10 to $12 then, $400- to $500 at today's prices. The claims on Grouse Creek, a nearby tributary to Meadow Creek was reported as "paying fairly".

A recent grab sample from the very surface of the creek assayed:

  • 1.077 oz. per ton for gold
  • .168 oz. per ton for platinum
  • .175 oz. per ton for silver

Monazite, the ore for Rare Earths considered to be Abundant in on claims by the Bureau of mines. China is soon to stop exporting Rare Earth product that is needed for hi tech items (see story). The prices are soaring for monazite sands (see info).

Bureau of Mines record show 50 pounds per ton!

The owner will sell the 800 acres of claims for $125,000 !