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About:- The Georgia Mining Property is a desirable forty-acre claim located on the east side of Mt. Guyot in the Breckenridge Mining District. To be more specific, the claim lies in the Georgia Gulch region, which is known for producing exceptional native samples of gold. Lots of “Breckenridge gold” from this region was never melted down but instead coveted for its unique beauty and sold to museums and collectors. If you were to visit the Colorado Museum of Natural History in Denver, you would be able to see astonishing specimens of flake gold that Mr. John F. Campion found in the areas near the Georgia site. The largest flake specimen in the collection is massive, measuring eight inches high, five inches wide, and one-fourth of an inch to three-fourths of an inch thick. The Georgia Gulch region is very noteworthy since it has been found to contain native gold in veins, leaves, or flakes. An occurrence of many types of native gold in the same location is uncommon. The Georgia site has the potential to be extremely lucrative since properly prepared pieces of wire or vein gold can be sold for up to thirty or forty times the current going rate for gold!
The site can be easily accessed with any high clearance 4WD via a county road that is just off Georgia Pass Road. The county road is a great resource and can be used to transport heavy equipment and machinery to and from the site with some maintenance. Due to the elevation, this site is most accessible in the summer after the snow has melted. The area surrounding Georgia is abundant in tall shady pine trees.
A once well-loved mine camp sits near the Georgia Mineral Property. It’s made up of a multiroom cabin, an outhouse, and a blacksmith shop built somewhere in-between the late 1930s to early 1940s. These structures are an interesting part of the history of the mine. Pictures and writings inside the building give clues about previous inhabitants. The old mining equipment left behind serves as a reminder that even though technology has improved, mining is still a straightforward and dependable endeavor that many Americans took on successfully in the past. It’s important to note that buildings and structures on site are not the property of the claim owners but are historical structures and will be considered property of the United States Forest Service. Operators should be ready to work the site without damaging or destroying the mining history in the area!
The mine itself is currently not accessible, but the visible gold in dump piles on this site alone will make the Georgia Mineral Property a rewarding investment. The mine has at least 6 adits with collapsed portals. Excavation would be required to reopen the adits. Correlating with the six adits, there are six large dump piles of very promising high-grade material. Samples from the dumps varied widely. Some samples were well over five ounces per ton in gold! The gold assay average for the site was 1.24oz/T. With over 75,000 tons of dump material, it’s estimated that there is 59,000 oz of gold in the dump piles! This does not account for any of what would be recovered subsurface. Since much of the material in the dump piles is high grade, this suggests that miners were recovering more valuable materials inside the time that they chose to process first.
A suggested operation is to clear the dumps and truck out for processing. This would require very little effort or cost in permitting and should take less than 10 years to complete. The return of this investment should be substantial, but minimal in comparison to the potential return of investment if the buyer chooses to permit the rehabilitation of the portal to seek out the high-grade gold deposits in the subsurface workings. The property would ideally be worked by a small mining team of less than 10. This would allow for development at a reasonable rate and allow for large profits from dumps and subsurface development.