Gold Rush Expeditions, Inc. is proud to present the Historic Callo Mine Property. The Callo Mine is a 20 acre lode mining claim for sale exclusively through Gold Rush Expeditions, Inc. The Callo Mine is located just outside of Keystone, Colorado and has been properly staked and marked at all corners.
All Gold Rush Expeditions, Inc. claims are meticulously surveyed, mapped and researched. On-site field work is completed by Corey Shuman and Jessica Shuman, nationally recognized Mineral Surveyors with over 36 years of combined experience.
The Callo Mine is found just below the famous Pennsylvania Mine on Peru Creek, in Keystone, Colorado. The mine has been overshadowed by the massive Pennsylvania. This should not discount its value.
The Callo mine is a single cut onto a high grade body of ore containing gold and pyrites. This Callo has been mostly forgotten under the shadow of the massive Pennsylvania. The outlying mines around the Pennsylvania are not huge but they were known to be mined specifically for gold with high returns. Ores and waste rock around the mine show good potential for gold development including quartz and heavily oxidized iron, this alongside un-oxidized pyrite with native gold.
The portal of the Callo Mine has collapsed, it does not appear intentional. It would take some work to re-open the portal and shore it for development. There is a running river on the claim that will provide the new claimant with year round water. The Callo Mine is located in the historic Argentine mining district and most likely had all the processing completed at the Pennsylvania Mill.
This mineral claim is suggested for the artisanal miner who might like to just sift through the tailings and find some minimal gold values. This could all be done without filing any notice with the BLM or FS. For larger development, including re-opening the portal, there would be a Notice of Operation required. This would also require a bond and a promise of reclamation. Ideally, this mine would be absorbed by the new owner of the Pennsylvania Mine as it is so close. It could be a profitable aspect of an already massive mining operation.
History of the Callo Mine
There is no distinct historical information found on the Callo specifically. It is thought that the Callo Mine and Tunnel were likely assumed as part of the Pennsylvania workings and combined as same reports. The Callo mine does appear to have operated independently with its own workings that are not connected to the Pennsylvania.