This Nevada Placer Gold Mine needs funding to upgrade equipment and pay for bonding. The mine consists of contiguous unpateneted mining claims and has 2500 linear feet of wash down the middle. It has a 8 - 9 month mining season, easy access, and access to water. Some permitting is in place.

The mine has 1,500,000 cubic yards of gravel to mine with potential gold reserves of $54 million. Extensive testing of the claims has been done and testing averages .25 g/cubic yard to 1.0 g/cubic yard with higher yields at depth and little overburden to deal with.

The owner has an excavator, front loader, small trammel, feeder hopper and a small equipment and tool trailer on site. It is located 40 minutes from towns where parts and repair facilities are located.

The owner is seeking an operating loan up to $400,000. He is offering a 25% equity share in addition to repayment of the original loan. He will put up his equipment as collateral and will negotiate. He is eager to get this mine up and running and begin gold production as soon as possible.

For more information about the

Nevada Placer Gold Mine #L2300

Please contact the owner directly by sending an email to

golderado79@gmail.com