Award Winning Placer Gold Mine in Yukon Territory

Dawson City, Yukon Territory

Northwest Canada

Asking Price: Annual Revenue:
$11,500,000 $4,326,000

Manufacturing: Mining

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RE: Award Winning Placer Gold Mine in Yukon Territory Broker: Mike Faust
Owner Financing is Available!
$6.75M Down with 3 Annual Payments @ 4.5% Interest.

Quick Facts

Asking Price: $11,500,000
Annual Revenue: $4,326,000
Net Profit: Not Disclosed
Cash Flow: $1,500,000
Total Debt: Not Disclosed
FF&E: $5,724,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 20
BBN Listing #: 73495142
Broker Reference #: 101-15830

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Business Overview:

Kitco News recently reported that gold will rally 22% in 2019! And The Conference Board of Canada says that new gold mines are expected to drive strong economic growth in Nunavut and Yukon over the next several years. This operating mine has a contiguous block of 423 mining claims covering over 7,500 acres in Yukon Territory. This is the largest group of virgin, un-mined main valley claims remaining in the Yukon Gold fields. There are hard assets worth approximately $5.7 Million USD including heavy earth-moving equipment and a camp and there is an experienced crew. There is an additional inventory of parts and supplies included in the sale. The seller is available to stay involved on a consulting basis after the initial training. PRINCIPALS ONLY. For additional information contact Mike Faust or use this ad’s email reply.

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Property Features and Assets:

Seller is active in the business with 15 Full Time employees and 5 Independent Contractors. Hours of operation are 7 days per week, 12 hours per day from March 1st through September 30th. $375,000 in Inventory and $5,724,000 in FF&E included in the Asking Price. Assets include ~ 5% of Estimated Gold = $7,480,000 USD. Water License and Land Use Permits to 2023 Required.

Reason for Selling:

Other Business Interests.

Additional Details:

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

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