Arizona - World Class Location
Idaho - World Class Location
Past producing gold mine, silver veins were bypassed at the time due to low silver prices. 100% owned Patented claims that have potential for production. Both Gold and Silver upside.
The Washington Mine consists of 118.88 acres of private property as mining patents, with the ability to increase the land package significantly through additional agreements for Bureau of Land Management mining claims.
Historically, the Washington Mine was a high grade gold property with reported production of 18-20,000 tons in the late 1800s averaging 1 oz/ton. Significant underground development on the Washington Mine occurred between 1900-1927 with over 8,000 feet of access, yet limited production. Early focus was on the gold as silver prices were low, but silver mineralization was outlined on parallel structures over 400 feet vertically with lateral lengths ranging from 65 to 150 feet in separate higher grade shoots. Processing equipment at the time was unable to treat silver ores and several reports indicate they remain un-mined.
Historically, the silver was reported to grade 33 to 90 oz/ton. Mineralized vein material directly shipped to the Hecla Refinery in the 1980's reportedly returned smelter receipts averaging 44 oz/ton silver.