Aunt Ethel Mineral Property
A Gold Rush Expeditions Inc. Mining Claim Property
Federally Registered Mining Claim ID : NMC1141823
20 Acre Lode Claim – Lodi Mining District – Nye County, Nevada
Inventory Reduction Sale Price:$2,500.00
(Price Valid Until 9/28/2018)
The Aunt Ethel Mine is a previously producing, small scale gold mine. The mine has direct, but rough access, hidden up a forgotten canyon in the Lodi Mountains. The road to the mine is still intact but has deteriorated significantly, it is very overgrown.
The Aunt Ethel Mine was historically worked for native gold with some success. Gold was separated with an arrastra and then smelted into rough bars on site. Silver and lead were noted as by-products which only hindered the processing. Logistics of acquiring tools and mining implements were noted as a major issue.
The Aunt Ethel Mine today is a good starter operation for small operators. Veins are clearly exposed and show gold with some Galena as reported by surveyors. There are bodies of quartz that will contain good amounts of raw minerals once crushed. These veins would be most economically worked by hand.
There are two shafts and two adits on the Aunt Ethel Mine property. One adit exists apart from the main mine and does not intercept any major deposits. This adit is roughly 80′. The main processing and camp area is in relatively good repair but all of the buildings have collapsed.
Deeper into the Aunt Ethel Mine Property, two shafts are connected to a lower, haulage type drift which exits the mine in a wash. The lower adit connected to the 2 shafts provides good airflow. The mine is hard rock and cut in stable, competent rock. The Aunt Ethel Mine appears to have been left mid shift. Ladders, in good repair, appear to have been left in a stope the miners were working. There is a second drift level inside the main workings which chases a quartz vein with some visible gold flake. There is only exploratory drifting on this level.
This claim is part of the inventory reduction sale, valid only until September 28th 2018. These properties are discounted because they do not have a full GRMP-43 reporting. They may not have had an entire on the ground survey completed and/or have not been fully documented.
If these properties do not sale during the inventory reduction sale, they will be taken off the market and Gold Rush Expeditions will complete the GRMP-43’s and resurvey of the properties. The properties will then be offered at another date at a substantially higher price,
|Mine Quick Facts|
|Access||3 miles of dirt road off the highway. The last 1 mile drops into a wash that is sandy and rocky and will require 4WD|
|Nearest City with Amenities||91 miles to Fallon, NV|
|Commodities||Gold, Silver, Lead, Quartz|
|Total Workings||600 feet|
|Tailings||None. No mill on site|
|Waste Dump||Lower adit tailings appear to be more processed and mostly waste rock. 10,000-49,999 tons, Iron stained quartz and gray rhyolite. Not much indication of good ore recovery from upper adit.|
|Mine Development||Shafts and Adits|
All properties that are part of the Inventory Reduction sale will be sold for $2,500.00 (Two thousand five hundred dollars and no cents) plus $349.00 (Thre hundred forty-nine dollars and no cents)(per claim) documentation fees, regardless of previous valuations.
Properties have had annual assessments paid for the 2019 year and no assessments are due until the 2020 assessment year.
A deposit of $1,000.00 (One thousand dollars and no cents) may be paid via credit card to hold the property for up to 7 (seven) days. Buyer may also make depsoit via check, cash or wire transfer. Property will not be considered sold until payment has been received in full.
With $1,000.00 (One thousand dollars and no cents) deposit, an invoice for the remaining balance due will be sent via email. The remaining balance will be due within 7 days from deposit being made. The remaining balance due may be paid via wire transfer, cash, check or cashiers check. Credit cards will only be accepted for the initial deposit.
If remaining balance is not received within 7 days, deposit will be considered forfeit. There are no refunds.
Once full payment has been received, a quit claim deed transfering the claims from Gold Rush Expeditions to the new owner will be completed, recorded and filed as required by law. Upon return of the recorded documents, Gold Rush Expeditions will send the new owner copies of recorded files.