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Turn Key Gold Mine For Sale
Location: United States -> California -> Northern California - All Northern California -> Nevada City
Industry: Manufacturing > Other Manufacturing




Business Summary

California Desert District

- Operating gold mine
- 400 acres
- Gold reserves - $1.2 Billion
- No overburden
- Turn-key gold mine
- Mill-site with large metal building
- 440 3/phase power
- Concentrating room
- Hazmat storage
- Smelting lab
- Heavy equipment
- 2 wash plants
- Concentrating equip
- Easy access to mine
- Water Well on-site
- 1 million gallon holding ponds
- Permitted backed by federal and local governments.

85% interest & ownership at $4.7 million with managers to stay on to train and assure a smooth transition.

This Gold Mine is located in the California Desert District and is operational and producing gold today. This operation is close to major cities for parts and equipment. The mine is permitted and has an expansion SMARA application in, ready for approval with the blessing of Federal and local governments in addition to green committees, coalitions, and educational groups because this mine is well known for being green and environmentally friendly.

The mine is located on 400 acres laser'd and if you walked it 800 acres of BLM land and the owners have a signed letter from the BLM stating that this mine is safe from federal land/mineral withdrawals and closures in the future.

Gold reserves are estimated to be about $1.2 billion based on the gold that is currently being mined. Pay dirt starts at the surface as there is no overburden to deal with and bedrock varies between 35 feet to 70 feet!

The owner wishes to sell 85% interest and ownership in this project and this buys the mine, Mill-Site, lab, assets, permits, modifications, intellectual property, heavy equipment, 2 wash plants, table room, and concentrating equipment. Present mine manager and site manager have agreed to stay on as management to train new people and assure a smooth transition for one year. $4.7 million will buy 85% of this top-notch fully operational gold mine.


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $0
Seller Financing:  Not Disclosed

About The Business

Year Established:  1980
Number of Employees:  20 - 34
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Managers will stay on board for smooth transition.

Photos

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Turn Key Gold Mine For Sale Photo 1 Turn Key Gold Mine For Sale Photo 2 Turn Key Gold Mine For Sale Photo 3




Print Listing Id: 700226769


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Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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