Lost Shooting Star upper and lower adits and ore pile
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High Grade Lode Claims#L1740
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This is an amazing group of high grade lode mining claims located 14 miles north of Kingman, Arizona. The 31 claims total about 500 acres. Also one additional Patented claim may possibly be included with claim group.
One of the claims is probably the most valuable of the group because it contains free wire gold with historical production as high as 107 ounces of Gold per ton and 35 ounces of Silver per ton! This is the highest reported gold value of any mine in Arizona State history.
In addition this same claim has the highest amount of Indium ever found in the United States at 810 ppm. Indium sells for about $589 a kilo and is used to make television screens and computer monitors.
One mine in the group was reported to have produced 469 ounces of Gold, 50,954 ounces of Silver, 182,000 pounds of Lead, and 44,274 pounds of Copper from one tunnel only 340 feet long!
Five of these claims were top silver and gold producers in the District and until the gold mines were closed for WW2 by the War Production Board. After the war most gold mines remained closed because of the fixed price of gold and rising production costs.
There are over 50 adits, tunnels, and 35 low grade ore piles on the claims. More testing will be needed to prove up the total reserve value of these claims but based on past production and current assays this is likely to worth Billions of dollars in precious metals and rare earths.
The owner wishes to retire and sell these 31 claims as a group. He is asking $1.9 million with $100,000 down and the balance over two years. Or he will sell the claim group for $1.75 million cash.
Don't miss this premium high grade mining property and contact us today.