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Strawn Mineral Property, Madison County, Montana

Asking Price$320,000/Financing avail for qualified clients

Description

Strawn Mineral Property Overview


 20 Acre Lode Claim and Millsite Claim – Tidal Wave District – Madison County, Montana

Introduction:

The Strawn Mine and mill is a free-milling gold property located in Madison County, Montana. The property consists of a single (1) lode claims and a one (1) millsite claim, covering all of the workings and geological trending of the Strawn Mine and associated veins and lodes.

Reports and Assays from the Mines taken inside and outside show free milling gold with very little sulfides ranging from .5 to 1.5 ounces per ton. These results were taken by a USGS Field Geologist and should be considered to be extremely conservative as USGS reports often are. There are reserves noted and described further in this report.

The Mine was located and developed from 1921 to 1942 when it was closed by the US War Act. The mine was reported closed from 1945 to 1981, however, onsite examination showed that small scale work had been executed on the claim and working machinery was present as late as 2012.

Surveyors assessment matches with early assessments that this is a high value gold mine which has remained largely undeveloped due to its obscure location which is not easily locatable.

Property Description:

The Strawn Mine is located 6 miles East South East of Silver Star, Montana and is accessed on public roads. There is conflict with private land owners over the status of the road as it leads to public land. The claims are located in a box canyon with no other access except for the mouth of the Beall Canyon. Private property covers the roads and access to the canyon, for which reason the mine has not been disturbed except for by the original locators of the mine who have worked it intermittently until 2012.

The Millsite is in excellent repair and 95% intact. It has not been used since 1983 as well as can be determined. The wood structure is in rough condition, but all of the crushers, mills and processing equipment is much as it was left when working.

The mines are open and stable for the most part being cut into competent rock. There is some slough in some of the lower workings, and an open stope in the mid level workings has started to collapse on the surface and would need to be addressed. The upper workings have a small portal, but could be easily modified for modern access. Overall the site needs minor overhaul and updates but it ready to work as it is.

Strawn-Claim-Overhead-1280x720 - Mining Claim for Sale Strawn-Claim-Overhead-1280x720 - Mining Claim for Sale

Interested Clients May Call or Email for a Full GRMP-43 Technical Mine Report.

 

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