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Sunday, November 23, 2008 4:32 AM IDLE (GMT +12hrs)


Standard Listing

  • Deposit Type: Miscellaneous
  • Commodity: Gold, Silica, Silver
  • State/Province: NM
  • Country: United States
  • Deal Type: Sale
  • Conditions:


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Two properties located in southwest New Mexico, USA. Deeded, patented, and permitted for open-pit mining. Surrounded by 10 leased BLM claims. Located eight miles on good gravel road from highway I-10 and principal railroad tracks with east and west bound sidings.

Recent production of 2,500 tons of silica ore averaged 7,605.24 ounces of silver, 217.815 ounces of gold, totaling $122,404.35. Property is designed to service copper smelters with silica, which is needed as a flux in the production of copper. The silver and gold are purchased by the smelter.

A by-product of mining is the production of a high-grade decorative rock which is much in demand. Approximately 50,000 tons of decorative rock are available for shipment in various sizes. Estimated ore reserve is over 43 million tons. Property has been professionally surveyed and appraised.


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