Price: $10,000

***SOLD***
Monarch Rand Gold Mining Claim

A Gold Rush Expeditions, Inc. Mining Claim Property

Federally Registered Mining Claim ID:CAMC0314593

20 Acre Lode Claim — Randsburg District — San Bernardino County, California

Mining Claim Introduction

The Monarch-Rand Gold mining claim 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 by off road enthusiasts.

The Monarch Rand has a spotty history from its inception to 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 mining claim has excellent potential for development as a small to 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 mining claim 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.

Mining Claim Quick Facts

Access

Easy high clearance 2WD

Waste Dump Present/Size?

Estimated 25K tons

Tailings Present/Size?

Estimated 5K Tons

Mine Cut/Structure

Shaft cut into hard rock

Total Workings

Over 1500'

Commodities
Nearest City with Amenities

Ridgecrest, CA

Parking

Available for up to 15 vehicles

Resources

None

Other Items of Note

Historic, Gold bearing vein noted

Acres and Type of Claim
20 Acre Lode Claim
Purchase Price
$10,000

Mining Claim Description

The Monarch Rand mining claim 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.

From the California Journal of Mines v.30, 1934

“Developments consist of incline sunk on the vein to a depth of 185 ft.; on the 50-ft. level, drift northeast 275 ft.; on the 100-ft, level, drift northeast 300 ft.; on the 185-ft. level, drift 300 ft. southwest, and drift northeast 1100 ft. At 120 ft. west of the shaft a crosscut has been driven northwest 1280 ft., cutting five parallel veins which strike northeast and southwest. Ore-shoot, developed on the 185-ft. level, is 400 ft. in length with an average width of 2 ft. The average value is said to be $20 per ton in gold. The vein quartz shows gold, mineralized with pyrite and arsenopyrite.”

The mines were developed based on a large lode (reported 3.5’ wide) which averaged $48.00 per ounce in gold. The Vein reported was cut off on the top, bottom, and both sides by faults. The Monarch Rand Company executed work in locating the continuation of the vein, however with no modern drilling and sampling tools, the work was extremely slow.

Whether or not the vein was ever located is unknown. It is known that the two partners ran the mine with a small crew of less than 15 miners at any given time and still managed to pay for massive improvements at the mine including stamps, tables and processing equipment.

Recent exploration of the mines (1998-2010) showed that the mine workings were much more extensive than originally reported. A drift at the 150 (ish) level ran in an apparent circular pattern for 1100’. Other stations were reported at the 400’ and 600’ levels. These stations were reported to have reception for skips and dump stations. The 400’ level is reported to have 3 large, front dumping ore cars. While the 600 level is reported to have 6 of the same type of ore cars. This indicates substantial development.

The shaft is said to continue well past the 600’ station but surveyors did not have sufficient rope to travel beyond that station.
The mine is relatively stable and cut into hard rock. Some sections are reported to be timbered but the mine is overall very dry, so the damp decay of wood and the resulting air concerns are not a high priority.

Reclamation of the site occurred in 2012 and a large steel cage was put in place over the massive shaft. A new concrete footing supports the cage and is invaluable to the site for future development. A short drift just east of the main shaft is reported to have been an adit access point into the lower workings. It was filled in by reclamation contractors in 2012 and old oil barrels were put over the backfill to make it appear as a small prospect. It could be excavated or at very least assessed as a viable second exit to the mine workings.

Interested in this mine? Fill out this form to contact us

Or call us at (385) 218-2138