ELDORADO BAR
Archived

Au
1,304.37
USD/oz
0.00
green
Data as of Jul 28, 2014 11:19AM UTC


Key Facts
Status: Unknown
Type of Work: Placer
Location: Montana, United States
                 19 km NE of Helena

Commodities: Gold, Sapphire
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Latest Information
September 30, 1994
A testing program sampling 80 hectares of the property was completed. The testing established an indicated sapphire resource of 7.8 million carats on 35 hectares, an inferred resource of 2.1 million carats on 45 hectares, and a potential resource of 2 million carats for a total resource of 11.9 million carats. During 1940-44, a bucket dredge recovered 7.75 million carats of sapphire for industrial use and about 500,000 grams of gold. During 1891-9, some testing was done for sapphire. Prior to 1891, the Bar was mined for gold with sapphire recovered as by-product.
September 30, 1994
A testing program sampling 80 hectares of the property was completed. The testing established an indicated sapphire resource of 7.8 million carats on 35 hectares, an inferred resource of 2.1 million carats on 45 hectares, and a potential resource of 2 million carats for a total resource of 11.9 million carats. During 1940-44, a bucket dredge recovered 7.75 million carats of sapphire for industrial use and about 500,000 grams of gold. During 1891-9, some testing was done for sapphire. Prior to 1891, the Bar was mined for gold with sapphire recovered as by-product.

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