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Gladstone Gold Mine Group #L1520
The Gladstone Gold Mine Group consists of 362 acres of Patented and historic lode mining claims and 2 mill sites. The Gladstone, Helena, Carson, and Giant mines were first mined between 1860 - 1870 and Patented between 1904 - 1915.
The historical gold production on this property was 200,000 ounces of gold produced between 1896 - 1916. Waste rock piles from the Gladstone and the J.I.C. mine total about 90,000 tons. Assays of the Gladstone/ J.I.C. Mines have shown between 0.02 - 0.31 ounce per ton gold with assays of other areas at over 5 ounces per ton gold.
The Hazel Gold Mining Company explored approximately 2000 linear feet of the eastern end of the French Gulch fracture zone to a depth of 2000 feet. This is the most important lode gold district in the Klamath Mountains. This area is being called "The Son of Mother Lode" in 2009 geo report from Thomas Seifert and Lutz Geibler and, The Calif State Mining Publication in 1892 stated this about the Gladstone, "A quartz vein 1900 feet in length and attaining a width in places of 22 feet has been developed to a depth of 900 feet. (Shasta County Historical Society)
The J.I.C. Mine was said to have produced anywhere from $250k - $1m of gold from a small amount of workings. and at the time gold was $20 an ounce! An active gold mine, The American Mine, is located on claims west of the J.I.C. Mine.
As mentioned the owners are mainly interested in leasing the mineral rights to the property but would consider selling certain mines/claims.
Research shows this property has a value of $6 million - $8 million if sold. The owners purchased this from the original mining company, Hazel Gold Mining, in 2007 and have all their historical production records,pictures, and maps and are are currently working to build a camp ground at the edge of the property see their web site at www.Jillsonville.com