Quartzsite, AZ La Paz Country Land 20. acre for sale in Quartzsite, AZ

1 of 10
Historic Great Bear Federally Registered Mining Claim ID:AMC442193

Large historic gold mining operation just outside of Quartzsite, Arizona. The mines are all cut along a series of dark gold veins that can clearly be seen in the mountain side. The veins range from 3' to 9' as documented by local geologists and USGS. Many of the mine openings connect via trenches. Gold forms differently than would be expected as is found in dark ores with hematite and other iron-based minerals. Old reports note 3 veins that are large and gold bearing. Only the center vein has been worked in earnest. When the mine was shut down by the War Act there was over 30,000 tons of ore blocked out (reserves) on the center vein. Average return of 3 OPT in gold.

In today's value, the reserves in the Great Bear Mine are worth over $112,000,000 (Million)

Large camp onsite at one time to support the mining operations. Evidence of buildings, headframes and much more. Strangely undisturbed despite its proximity to Quartzite. This may be due to the remote access. Road access is good, but slow going and will require high clearance and 4WD. The road would need work for large dumpers or trailers.

This Mine could benefit small miners or larger mining companies. Small miners could high grade the workings and get 10-15% of the available and exposed ore. A Larger company could re-open the workings and extract 100% of the ores and likely discover other deposits. There are also two veins which have been sampled, but unworked, they are thought to be over 3000' in length and from 3-9 feet wide. This would require a Notice of Operation and bonds but would provide the greatest return on investment.

  • Price: $60,000

Don't Be Fooled

Fraudsters advertise a real estate property usually at a considerable discount. This allows the fraudster to receive as many replies or inquiries as possible. The fraudster goest to great lengths to make this property look as legitimate as possible and might include pictures, floor plans, etc. To make sure you express an interest in the property the fraudster will ask you to wire money for a deposit, verify funds, or other legitimate sounding reasons.