The Monarch-Rand Gold Mine has been historically mined for gold from 1890 to 1964 according to most accounts. The property sits on the western edge of the Gravel Hills in the remote California Desert. The area is devoid of any local services or resources and is generally unused except for by off-road enthusiasts.
The Monarch Rand has a spotty history from its inception to the present day. The mine has been noted for a large gold vein which is chased by the drift works. This vein is noted to be 3 ½ feet wide and carrying gold values of over 2 ounces per ton ($48.00 per ton with Gold priced at $20.75 per ounce).
The Main shaft is noted to be an estimated 700’ in depth, which may have been greatly expanded. In 1925 there were stations at 118’, 168’ and 218’. 100 tons of ore (not muck) have been removed from the workings.
From 1925 to present, the site was improved with a Crusher operation, a blacksmith shop, a boarding house for miners, and a cyanide leaching operation. It is not assumed that the mine has operated past 1964 which is the last documented shipping of ores from the district.
In 2008 a report was made that a local off-roader “almost” drove their jeep into the main shaft. This prompted the State of California to erect a gating system over the shaft. The shaft was left intact but is secured by a heavy steel grating system. Some of the waste dumps were moved in this process but are still on the claim.
The property has excellent potential for development as a small to a mid-sized mining operation, however, it will require significant efforts and bonding due to its location in California, a state that is infamously unfriendly to mining operations. However, the state is very amiable to cash income, which would be brought in bulk if the mine was able to be properly developed.
The property is priced with all variables and challenges taken into consideration. Were the property located in Nevada or Arizona, states much friendlier to mining, the property would be priced closer to $100k instead of the current $10k.
The Monarch Rand Mine was discovered by a small outcropping of oxidized pyrite near Fremont Peak in or around 1890. The property was purchased by the Monarch Rand Mining Company in early 1900, the company did well with the mine as evidenced by their acquisition of other mines in the area such as the Baltic, Fremont Peak, and many others.
The Monarch-Rand company was private and owned by W.O. Walker and Fred P. Rossiter of Pomona, California.
The Monarch Rand property is and was the flagship property of the Monarch Rand Company. Financial difficulties arose in 1925 and development was halted around the stock market crash (1929). The mine is located in an extremely remote region of the California desert, often referred to as a wasteland. The mine produced at least 100 tons of ore with gold reported at over 2 ounces per ton. Estimated return from this 100 tons would have been $4800.00 minus logistics and processing costs.
By 1934 the company had installed stamps and an amalgamation mill. This, however, was still only recovering 60% or less of the gold values.
By 1938 the Monarch Rand Company had installed a cyanide plant for the treatment of the ore, but it is unclear whether the cyanide process was ever executed.
The War Act in 1942 was the final death knell for the company. When the War Act was lifted the Monarch Rand Mining Company was defunct. Sources reported that the primaries of the company had not returned from deployment in WWII.