Business For Sale

Extremely Rich Gold and Iron Mine in Arizona

PINAL, AZ
Pinal County


Asking Price: Annual Revenue:
$85,000,000 $15,000,000

Manufacturing: Mining


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RE: Extremely Rich Gold and Iron Mine in Arizona Broker: Seller of Business
Owner Financing is Available!
negotiable

Quick Facts

Asking Price: $85,000,000
Annual Revenue: $15,000,000
Net Profit: Not Disclosed
Cash Flow: $8,500,000
Total Debt: Not Disclosed
FF&E: $1,000,000
Real Estate: Not Disclosed
Year Established: 2002
Employees: 7
BBN Listing #: 92945287
Broker Reference #: CM4440106

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Business Overview:

The claims consist of 640 acres of BLM land in the State of Arizona. The property is recorded in Pinal County.

A claim evaluation and geological report was done by Ron Parker (who is a long time geologist and expert in the area) and shows that the Claims (640 acres) of land contains at least 19,027,008 PROVEN tons of Magnetite (Iron), and a possible 9,211,024 ounces of gold. At last calculated commodity prices in March 2013 report, this amounts to $3,805,401,600 in PROVEN magnetite and $14,714,610,000 estimated gold per 640 acre claim to 200ft in depth. The claims also contain silver, titanium, and other precious metals (see report and assays). The average gold content based upon many assays throughout the area and claim is estimated at .472 ounces gold per ton, while the average Magnetite is 7%. There are much higher percentages of Magnetite on the Claims than the average in the area but this will vary depending on terrain and locations on claim. Other assays have been done in the area just below the claims, out of our same wash and alluvial flow (just property below us) showing gold as high as 4.8 oz per ton. Assays on this Claim have been consistently between .209 opt and 4.8 opt showing results consistent with other assays in the area. The claim is a placer type of mine, in that the magnetite, gold, silver and others are small nano size particles mixed within the sand and soil of the ground. The gold and other precious metals are both attached, and free standing. The site is accessible by a main road that runs near the property. Utilities are close to the property. These claims only have a pilot plant operating, all financial

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Property Features and Assets:

Lease Expire: 0000-00-00 Lease Security: 0 Facilities: The claims consist of 640 acres of BLM land in the State of Arizona. The property is recorded in Pinal County.

Market Competition and Expansion:

Competition: a unique property Potential Growth: Exploration of the 640 acres

Reason for Selling:

OTHER PROJECTS

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

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