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CURRENT STATUS OF WESTERN SIERRA MINING PROJECTS AND ORE RECOVERY OPERATIONS
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GOLD
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|
Property |
Ore (Tons) |
|
Au oz./ton |
|
Prov /
Probable |
|
Indicated |
|
Total $ @
900 per oz |
|
Total Ounces |
|
Proposed SP |
|
Disposition |
|
SunGold Mine |
450,000 |
|
0.41 |
|
$166,050,000
|
|
$45,000,000
|
|
$211,050,000 |
|
234,500 |
|
$2,350,000 |
|
Sold |
|
500,000 |
|
0.10 |
|
|
|
|
|
|
|
|
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Treasure Gulch |
52,000 |
|
0.65 |
|
$30,420,000 |
|
$11,306,520 |
|
$41,726,520
|
|
46,363 |
|
%1,560,000 |
|
Sold |
|
21,660 |
|
0.58 |
|
|
|
|
|
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|
|
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Big Chief Group |
84,000 |
|
0.5 |
|
$37,800,000 |
|
|
|
$37,800,000 |
|
42,000 |
|
$1,500,000 |
|
Available |
Independence |
40,000 |
|
0.62 |
|
$22,320,000
|
|
|
|
$22,320,000 |
|
24,800 |
|
$1,000,000 |
|
Available |
Goldwater |
17,850 |
|
0.4 |
|
|
|
$6,426,000 |
|
$6,426,000 |
|
7,140 |
|
$300,000 |
|
Available |
Oro Cache Mine |
75.000 |
|
0.32 |
|
|
|
$21,600,000 |
|
$21,600,000 |
|
24,000 |
|
$1,000,000 |
|
Under Contract |
Eagle Mine |
68,000 |
|
0.162 |
|
$9,914,400 |
|
|
|
$9,914,400 |
|
11,016 |
|
$500,000 |
|
Available |
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Additional information and documentation is available on all properties. |
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