Total of 18657 firms and businesses for sale today Friday 29th March 2024
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Business For Sale. Rich And Abundant Placer Gold Mine ( 40 Acres )

LISTING DETAILS
Firms For Sale ID:
33413
Vendor reference:
C4440123
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$40,000,000
Furniture, fixtures and fittings included.
Turnover / revenue:
$50,000,000
Net profit / cashflow:
$45,000,000
Years established:
2001
Trading hours:
6 DAYS A WEEK / 10 HOURS
Number of employees:
5
Employees / staffing:
Employees: 5 Managers: 2

OTHER DETAILS
Reason for selling:
RETIREMENT
Financing available:
NEGOTIABLE
Support and training:
COMPLETE TRAINING
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
This site 40 acres has never been mined, it is part of the gold basin/lost basin as reported by United States Geological Society, which projected between .5 grams a ton to 1.5 grams per ton. The depths down to 120 ft have been tested and gold has been found throughout. The gold alone on this site would be greater than $250MM at a minimum. We have reports that it is much higher that far exceed government estimates. There is also about .16 oz/ton of Palladium and .55 oz/ton of Silver gives an extremely conservative estimated value of this site over $2B. All number used in calculating operating cost are estimates.

Expansion Potential
UNLIMITED GROWTH POTENTIAL

There is an abundance of gold, silver, and palladium. The water supply is plentiful and power is within 3 miles. The roads leading to the mine are maintained by the county and in great shape.