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Business For Sale Listing 102378

Montana Gold Mine

Status as of Dec-4-2008 at 06:10 PM: Active

Business Summary

There is 7,000 acres of claims patented and unpatented. Asking price US$25 million. Much more details available if you are interested.

There is a complete "due diligence" package on site that was completed last year by an independent group of engineers. Everything can be seen at the site including hundreds of drill reports, the due diligence and all of the mines - after signing the confidentiality agreement.

This property was appraised last year for real estate value of $3.1M - but can be sold separately for $1.3M with 466,000 oz inferred gold reserves! This would be a nice little starting place for a serious company, as the track is still in and the lighting is in good working order as well.

The total package is priced at US$25M - that includes the mill and over 7000 acres of claims patented and unpatented with over 2M oz inferred gold reserves. This is a premium group of mines and could be operating in a few short months.

Let me know if you wish to investigate this opportunity further.

I can help with bridge financing.


Categories

Industry: Mining Companies For Sale
Mining Businesses For Sale
Location: Montana Businesses For Sale
Mountain States Businesses For Sale
United States Businesses For Sale
Other: Very Small Businesses For Sale

Industry

Sector: Mining
Industry: Mining (Except Oil & Gas)

Location

Classification: United States // Mountain States // Montana
Location: Virginia City, Montana

Financials

Sales: Not Disclosed
Profits: Not Disclosed
Profit Type: Not Disclosed
Asking Price: Over $20 Million   ($25,000,000.)
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