Large Yukon Placer Mining Investment Seeking an investor, who will in return earn option of equity position in all properties or repayment in gold.
We are seeking a $5M investment over 5 year term of operation.
Up for option are 3 creeks with a mile of placer claims each creek all located in the Livingstone region one of the largest producers of coarse and pure gold in the Yukon .
These properties all have proven gold channels with settling ponds air fields and equipment on site, over $3M property improvements.
Owners are looking for a partner to support operating cost to get operation back into production. What is unique about this opportunity is owners will be available to run operations this comes with 15 year experience in the area and great advantage to get operation back into full stream production.
Plan is to mobilize heavy equipment this winter into site, upgrade gold processing plant, have a two operations in place for 2016 season.
Creeks although remote have great mining plan to utilize water power by means of monitor and all grades are unique to the area allowing gravity to settling ponds to keep operating cost to a minimal.
All creeks have proven gold reserves and historically were all hand mined in the early 1930s with very minimal equipment activity leaving large volumes of material to be processed.
Some of the main producers to this area back in the early 30s found 1 ounce to the pan off of the pay channel these virgin creeks all similar in profile and gold recover should process the same.
In the early 80s a exploration attempt was made on one of the properties next to the largest producer in the area less than a mile away, a large clean up made the operation move numerous claims downstream were years were spent obtaining grades to achieve the gold channel again.
While gold prices dropped in the 90s the operation was stopped and a gigantic amount of work that enhances the next phase on development to reach the pay channel will greatly reduce mining cost and speed gold production within the same season.
This couldnt be a greater opportunity and timing with stable and rising gold pricing , working with owners that have the experience and will to continue work by not selling out, be a winning combination in the future development of this property and other opportunities we find available.
More information about this gold mining opportunity can be viewed by emailed packages.
We look forward to your request and thank you for your interest.