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Business For Sale Listing 154916

Olympic Dam - 200mm in Recoverable Ore.

Status as of Nov-21-2008 at 05:59 PM: Active

Business Summary

Olympic Dam base and rare earth metals project: This is a multi mineral ore body, with in excess of $ 200,000,000, 000. estimated in recoverable ore, containing quite possibly the largest mineral concentration in the world. Simple drilling is needed to confirm it. It is nearby the largest lead zinc deposits in the world. Those deposits, Mississippi Valley type deposits are by definition mineral deposits which have been leached from larger deposits and moved by heated sulfur water underground to their current location. They also can contain large amounts of gold, silver, copper, nickel, vanadium, cadmium, cobalt on other precious metals. The Olympic Dam-Type deposit in Australia comprising only around 2 square miles contains the 4th largest remaining copper deposit, 5th largest gold deposit and the largest uranium deposit in the world plus large amounts of silver and other minerals. The area in our project contains over 60 square miles of very significant geophysical anomalies which may contain Olympic Dam –Type deposits. Our geologist has over 40 years experience in this field including operating cobalt, nickel and lead mines for Anschutz Mining in the immediate area. The United States Geological Survey bulletin 1932 in a 80 page report says this area is similar to that of the Olympic Dam deposit in Australia and one of the few areas in the world that has this potential. Our geologist has additionally completed a 155 page report with 14 maps detailing the area and 5 drill sites. This is our own project.


Categories

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

Industry

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

Location

Classification: United States

Financials

Sales: Not Disclosed
Profits: Not Disclosed
Profit Type: Not Disclosed
Asking Price: Between $2.5 Million and $5 Million
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