California - Patented Placer Gold Mine for sale
Gold Mines and Coal Deposits

Montana USA

Patented Placer Mine
California, USA

Gold Mines, Coal Deposits, Iron Deposits, Uranium Deposits for Sale and JV from Sky Lodge Investments, LLC.
Dorothea Lowe, CEO
Licensed for Real Estate in MONTANA and for Minerals and Investment Opportunities Planet Earth is the limit.

I also speak German

Dorothea Lowe, CEO

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The Gold Mine includes four association placer mining claims for a total of 89 acres which are patented. Mineralization consists of placer gold, silver and some platinum group metals found in the gravels, usually on the bedrock. In some areas on the steep slopes gold is found in a rocky soil on a metavolcanic bedrock. In the area of the placer mining claims, the metavolcanics are at least eight feet thick. These metavolcanics appear to rest on an intrusive rock, possibly a diorite. This intrusive rock made up the bedrock at the lowest elevations within the placer claims.

In 1983 the government did several test holes and estimated just the gold reserves to be about 13,000 oz (ten samples taken at the time of patent) from flakes up to the size of a grain of rice. This estimate did not include the platinum, silver or gold values in the black sand, or nuggets that are larger than a grain of rice.

There are about 10,000 tons of black sand with approximately
5oz of gold, x $1600 = $8,000
68oz of silver, x $32 = $ 2,176
9.9oz of rhodium x $1525 = $15,097
39oz of palladium and x $680 = $26,520
4.5oz of platinum per ton. x $1500 = $6,750
= $58,543 per ton x 10,000 = $585,430,000 value 2011

The owners dug a test hole down to bedrock and exposed an area of 10' x 15' where they recovered 3 ounces of gold ranging in size from flakes to quarter+ ounce nuggets and at least one nugget that weighted 4.5 ounces.

The patents for this mine were granted in February 1983 by the US Dept. of Agriculture/Forest Service, but it has hardly been touched since then.

The gold nuggets are a major portion of what is to be expected from this property and have to be recognized as a 'value added' asset worthy of consideration and should not have been excluded from the original appraisal. If the removal of the top soil is done with landscaping in mind, once the minerals are extracted, you still have a very valuable piece of property to sell. The acreage is located in a pristine recreation area of Northern California near the Oregon border.

According to the owner, mining of the bench gravel within the claimed area was in progress sometime in the 1930's. The owner's mining operation consisted of dozing off the overburden and then by using a front end loader picking up the gravel and dumping the ore on a grizzly to remove the larger rock. The remainder of the material was then washed through a sluice box where the free gold was recovered. Tails from the sluice box went into a portion of the old worked out area. The owner had planned to clean the bedrock with a suction dredge where the bedrock has standing water. Water for the washing operation came from a year around stream which runs through the property.

There is valuable timber on the property and there is even a small cabin.

$3,100,000 OBO for a buy-out

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Copyright ©2000 Dorothea Lowe
       All Rights Reserved. This document may not be copied in part or full without express written permission from the publisher. By providing links to other sites from does not guarantee, approve or endorse the information or products available at these sites, nor does a link indicate any association with or endorsement by the linked site to The data contained herein were obtained from sources deemed reliable, but is not guaranteed by me. Prospective purchasers are advised to examine the facts to their own satisfaction. These offerings are subject to change of price and terms, lease, prior sale or withdrawal from the market, without notice.