The Golden Granite Mine
(Lode and Placer)
(40 acres)
Lake County, Colorado
$115,000
Under Contract
(Lode and Placer)
(40 acres)
Lake County, Colorado
$115,000
Under Contract
•Commodities: Gold, Silver, Copper
• Claim designation: un-patented lode and placer
• Size: 40 acres
• Location: Lake County, Colorado
•Financing available with $4500.00 down and monthly payments of $299.00
•Direct purchase discounts available
• Claim designation: un-patented lode and placer
• Size: 40 acres
• Location: Lake County, Colorado
•Financing available with $4500.00 down and monthly payments of $299.00
•Direct purchase discounts available
The Golden Granite is a documented mineral property in the Granite mining district of Northern Colorado.
The largest underground mine in the district, and one of the largest mines in the state.
Boasting federally recorded blocked ore reserves of over 228,000 ounces of Gold ( equating to over $400,000,000) and nearly two miles of underground workings.
The considerable workings consist of four inclined shafts, and one massive crosscut adit connecting the interior workings under Yankee blade hill.
Heavy gauge ore cart rail emanates from the tunnel portal nearly 150 yards in separate directions on the multiple-acre mine spill.
Twelve hundred pound capacity ore carts and trams operated in around-the-clock shifts during initial development with a crew of twenty-five.
The original deposit was discovered in the early 1900s and worked heavily until production halted during WW2.
Ownership was transferred to the Hersey Mining Corporation after WW2, operating the property through the 1980s.
Production information: Records show 241 tons of ore shipped at an average grade of 1.75 oz/ton gold. -USGS report (Sunshine files)
- The Primary workings consist of an adit tunnel, driven ninety degrees NE into the eastern slope of Yankee Blade Hill. Multiple side drifts and stopes are located past the 300' point of the tunnel.
The deposit consists of Gold-bearing NE-trending quartz-sulfide veins in Precambrian rocks.
Two large inclined shafts are present NE of the tunnel about 150 yards up the hillside. The smaller eastern shaft has caved shut, though is showing promising mineralization in the primary mine spill, while the larger, western shaft is open with a 70' incline drop into the level drifts of the underground workings. A large and heavily mineralized mine spill is available on the western shaft.
Resource reserves show a 1990 report with estimates of reserves equating to 228,000 oz. of gold in 152,000 tons of ore.
In addition to the underground reserves, three acres of mine dump, over 400,000 yards of low-to-mid grade mineralized ore, and granite host rock.
Graded ore can be further crushed and processed to liberate any values.
The tunnel portal requires replacement timbers and wooden panels for further exploration and development of the underground workings.
A beautifully flowing creek cuts around the entire mine area providing water for further development. The Mine includes all placer rights to any alluvial gold in the creek gravels.
Flower gold can be panned from the gravels of the inside bends and behind water flow obstructions.
Free milling gold estimates are between 0.25-to-2.1 grams per yard in select gravel samples.
An old employee tag board survived and is located inside the timbered portal. The employees would leave round steel tags on the nails to show they were underground and working the mine in case of emergency.
The steel swinging gate is partially functional and in need of repair.
Two large inclined shafts are present NE of the tunnel about 150 yards up the hillside. The smaller eastern shaft has caved shut, though is showing promising mineralization in the primary mine spill, while the larger, western shaft is open with a 70' incline drop into the level drifts of the underground workings. A large and heavily mineralized mine spill is available on the western shaft.
A wonderful and historic property boasting federal reserves and excessive possibilities.
Featuring secluded access with 4x4 vehicles, ATV, and horseback.
Multiple parking and staging areas are available near the creekside.
This one-of-a-kind mineral property is available to the beginning enthusiast searching for a premium property or an established mining company searching for high-yield returns.
•Commodities: Gold, Silver, Copper
• Claim designation: un-patented lode and placer
• Size: 40 acres
• Location: Lake County, Colorado
•Financing available with $4500.00 down and monthly payments of $299.00
•Direct purchase discounts available