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Business For Sale. Very Rich Placer Gold Mine ( 80 Acres )

LISTING DETAILS
Firms For Sale ID:
32949
Vendor reference:
C4440610
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$80,000,000
Furniture, fixtures and fittings included.
Turnover / revenue:
$90,000,000
Net profit / cashflow:
$85,000,000
Years established:
2001
Trading hours:
M-SAT 7-5
Number of employees:
5
Employees / staffing:
Full Time: 5 Managers: 2

OTHER DETAILS
Reason for selling:
OWNER IS RETIRING
Financing available:
NEGOTIABLE
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
This site 80 acres has never been mined, it is part of the gold basin as reported by United States Geological Society, which projected between .25 grams a ton to 1.5 grams per ton. The depths down to 120 ft have been tested and gold has been found throughout. The gold alone on this site would be greater than $250MM at a minimum. We have reports that it is much higher that far exceed government estimates. There is also about .16 oz/ton of Palladium and .55 oz/ton of Silver gives an extremely conservative estimated value of this site over $2B. All numbers used in calculating operating cost are estimates.

ore/day 1500
oz/ton 0.95
oz/day 1425
oz /month 28500
$ per day 1,995,000
$/month 39,900,000.00
$/year 478,800,000
25% op cost 119700000
Ebit 359,100,000


gold palladium silver
ton/hour 150 ton/hr 150 150
gram/ton 0.74 oz/ton 0.16 0.55
gram/hour 111 oz/hour 24 82.5
hours/day 12 hours/day 12 12
gram/day 1332 oz/day 288 990
$/day $70,596 $/day $218,016 $22,770
gram/wk 7992 oz/wk 1728 5940
$/wk $423,576 $/wk $1,308,096 $136,620
$/month $1,694,304 $/month $5,232,384 $546,480
annual $20,331,648 annual $62,788,608 $6,557,760


Gold Remedy Mine - AZ
Minium amount of gold calculation Medium amount of gold calculation USGS gold Calcuation low USGS gold calculation ave
Depth in ft 120 120 120 120
grams au/ton 0.6 48 0.26 0.74
ton/acre 232,320 232,320 232,320 232,320
grams au/acre 139,392 11,151,360 60,403 171,917
price of gram $53 $53 $53 $53
price of acre $7,387,776 $591,022,080 $3,201,370 $9,111,590
Value of 80 acres $591,022,080 $47,281,766,400 $256,109,568 $728,927,232
Value of 1140 acres $8,422,064,640 $673,765,171,200 $3,649,561,344 $10,387,213,056

Sale of Property
80 acres $80,000,000
1140 acres $1,250,000,000


Palladium 80 acres 1140 acres
ave ppm 4.95 4.95
ppm in an oz 31.30 31.30
oz/ton 0.16 0.16
price/oz $757.00 $757.00
# of tons 18,585,600.00 264,844,800.00
# of oz 2,939,256.23 41,884,401.28
value of Palladium $2,225,016,966.13 $31,706,491,767.41




Silver 80 acres 1140
ave ppm 17.11 17.11
ppm in an oz 31.30 31.30
oz/ton 0.55 0.55
price/oz $21.63 $21.63
# of tons 18,585,600.00 264,844,800.00
# of oz 10,159,732.14 144,776,183.00
value of silver 219,755,006.20 3,131,508,838.3689,678,016

Expansion Potential
There is an abundance of gold, silver, palladium and some platinum. The water supply is plentiful and power is within 3 miles. The roads leading to the mine are maintained by the county and in great shape.

Market / Competition / Non-Competition Agreements
NONE