Nye | Gold Rush Expeditions, Inc®
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Nye Mineral Property

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Nye Mineral Property

$33,749.00

Troy Mining District

Nye County, NV

Near Tonopah, NV

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Property Overview


The Nye Property was primarily developed for gold in the 1860s, The mine ran under the radar for the most part until the early 1900s. A man by the name of Meyers purchased the property in 1911 and added trommels and shakers during his time at the site. The mine was shut down in 1940 due to the War Act, however, Meyer was not about to let his "golden goose" be taken. He claimed that he had extensive tungsten deposits. Tungsten being a strategic mineral which allowed him to re-open ahead of everyone else. Gold will often run with tungsten and scheelite. Scheelite is the key in high value tungsten. The Nye has no scheelite, but it does have a lot of quartz and calcite. Copper is also prevalent in the mine but apparently the miners had no interest in copper. The hand built stone houses on the property have rich, blue copper ore throughout.
The site is remote and does require a high clearance 4WD. Wash outs run all the way up the canyon.
The main mine camp has a variety of cars and trucks from the 1950s-1970s. There is a trommel here along with gold washing equipment, a shaker and washing table.
Three main houses and a workshop sit in front of the mine entrance. The mine is a solid, stable adit with a timber frame portal. The mine is cut to run back on ore veins in limestone. The veins contain iron, quartz and copper. Copper is very prevalent in the workings. Some small flecks of gold visible in iron stained, quartz. Gold values were assayed in the site in 1986 by Nevada Bureau of Mines and Geology.
8 chip samples taken in 2014 returned an average of 0.3 oz/T AU and 4% CU. The dump material outside the mill area, much of which appeared staged, averaged 0.8 oz/T AU and less than 1% CU.
In 1955, Mr. Meyer applied for a DMEA Strategic Mineral Development loan. As part of the justification he was required to ship ore for processing. 120 tons were shipped in 1956 and 100 tons in 1957. Net smelter return on the material was $68,000.00. Mr. Meyers loan was denied as it was determined the property was more than capable of making a substantial return. These are the only returns that were ever reported.
Ideal site for small miners and developers. Remote and desolate area. Water will need to be brought in.

Gold Rush Expeditions, Inc. does offer mining consultation services and assistance with permits for a small fee.

Training courses for underground work and exploration can be found here: https://stayoutstayalive.com/training/

The Nye Property was primarily developed for gold in the 1860s, The mine ran under the radar for the most part until the early 1900s. A man by the name of Meyers purchased the property in 1911 and added trommels and shakers during his time at the site. The mine was shut down in 1940 due to the War Act, however, Meyer was not about to let his "golden goose" be taken. He claimed that he had extensive tungsten deposits. Tungsten being a strategic mineral which allowed him to re-open ahead of everyone else. Gold will often run with tungsten and scheelite. Scheelite is the key in high value tungsten. The Nye has no scheelite, but it does have a lot of quartz and calcite. Copper is also prevalent in the mine but apparently the miners had no interest in copper. The hand built stone houses on the property have rich, blue copper ore throughout.
The site is remote and does require a high clearance 4WD. Wash outs run all the way up the canyon.
The main mine camp has a variety of cars and trucks from the 1950s-1970s. There is a trommel here along with gold washing equipment, a shaker and washing table.
Three main houses and a workshop sit in front of the mine entrance. The mine is a solid, stable adit with a timber frame portal. The mine is cut to run back on ore veins in limestone. The veins contain iron, quartz and copper. Copper is very prevalent in the workings. Some small flecks of gold visible in iron stained, quartz. Gold values were assayed in the site in 1986 by Nevada Bureau of Mines and Geology.
8 chip samples taken in 2014 returned an average of 0.3 oz/T AU and 4% CU. The dump material outside the mill area, much of which appeared staged, averaged 0.8 oz/T AU and less than 1% CU.
In 1955, Mr. Meyer applied for a DMEA Strategic Mineral Development loan. As part of the justification he was required to ship ore for processing. 120 tons were shipped in 1956 and 100 tons in 1957. Net smelter return on the material was $68,000.00. Mr. Meyers loan was denied as it was determined the property was more than capable of making a substantial return. These are the only returns that were ever reported.
Ideal site for small miners and developers. Remote and desolate area. Water will need to be brought in.

Gold Rush Expeditions, Inc. does offer mining consultation services and assistance with permits for a small fee.

Training courses for underground work and exploration can be found here: https://stayoutstayalive.com.training/


Acres

Commodities

Type

20

Gold, Silver, Copper, Tungsten, Lead

Lode

Underground Dev

Surface Dump

Tailings

360 feet

92,000 tons

N/A

Access

Features

High Clearance 4WD

Trommels, Cabins, Workshop, Mill

Gold Reserves

Silver Reserves

Copper Reserves

Platinum Reserves

Tungsten Reserves

Molybdenum Reserves

Undefined

Undefined

Undefined

N/A

Undefined

N/A


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Map

Gold Rush Expeditions, Inc Nye Mineral Property Map

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Offered at $33,749.00


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