If you are looking for a buy on a mine with a proven track record and large gold and silver reserves be sure to ask about the Famous Arizona Gold and Silver Mine. At $950,000 this won't be on the market for long. (Owner Terms available with substantial down payment.)

If you would like more information

please email us

and ask about the

Famous Arizona Gold & Silver Mine #L1515

fax 208 265 5377

This Famous Arizona Gold and Silver Mine is located near Stockton Hill in the Kingman, Arizona area. Six of the Ten claims were the largest producing gold and silver mines in the area. The additional 4 claims to the SE included with this sale follow the main vein. The 6 past producing claims were operated by a large mining company until the gold price priced collapsed in the 1980's and the company shut down. In 2009 another company drilled here and a non-compliant NR 43-101 report indicated great potential and abundant reserves.

Two major veins have just been discovered on the 4 new claims by the current owner. These measure 2 - 5 feet wide and travel approximately 15,000 feet. One of the two newly discovered veins assayed at .295 opt Gold, 14.049 opt Silver, 84 lbs per ton of Lead, and 1.62 lbs per ton of Zinc. This ore averages about $941 per ton Gold and $493 per ton Silver. Typically veins in this area run 1700 feet in depth and increase two fold with depth.

Additionally there are 6 ore piles on the claims containg about 20,000 tons or ore which average assays from .279 opt Gold and 13.874 opt Silver down to .033 opt Gold and .158 opt Silver. This ore was left behind in the 1890's because of low metal prices but now can be easily shipped an processed at a profiit.

A rough estimate based on assays for all ten claims is a Gold and Silver reserve of $1.5 BILLION and this is based upon only one vein! It is expected that additional veins will be be discovered with further exploration.