Hwy 9

Description

Gold, Aggregate and Development potential! This is a patented 20.12-acre placer gold mine with equipment, located in one of Colorado's most historically productive placer gold districts in Fairplay. Opportunities combining patented ground, river frontage, active permits, and senior water rights are increasingly scarce in this area. The property consists of a glacial terminal moraine, including the breach cut by the Middle Fork of the South Platte River on the downstream side. Portions of the ground were historically drilled and tested by the bucket-line dredge companies that operated extensively in the Fairplay district, providing meaningful historical context for placer gold potential. In addition to documented placer gold values, the property contains significant rock and gravel resources with established economic utility. Upon reclamation, the site offers multiple potential development and land-use outcomes, supported by its patented status, favorable access, and location bordering Fairplay. The mine includes approximately 2,000 linear feet of South Platte River frontage as well as frontage along Highway 9, providing exceptional physical access, operational efficiency, and long-term intrinsic land value. The property is fully permitted for construction aggregate mining with by-product gold recovery under Colorado Mining Permit #2003-074, allowing for the continuation of permitted operations. The sale includes the mining permit and select mining equipment, all offered as a single package. Water rights, valued at $150,000, included with full price offer. Buyer will be required to obtain a reclamation bond through the Colorado Division of Reclamation, Mining & Safety, a standard procedural requirement for permitted mining operations. As patented ground, the property conveys fee-simple ownership, providing a level of control and flexibility not available with unpatented mining claims. Additional details are available in the prospectus.