Anderson Creek is operational with all permits and licenses in place.
With the addition of earthmoving equipment, the mine is a turnkey operation with total operating costs (including expenses and depreciation) of US$2.80 per cubic yard of material processed ($162/Oz.). Based on a gold price of $850/Oz. and sampled average of 86% gold purity, this corresponds to a conservative average profit after expenses and depreciation of US$11.80 per cubic yard processed or US$1.4 million per month for a 6-day operation at 75% utilization.
Proven yields with seismic survey and 3-year, 36,000 yard bulk testing program have been completed. Reserves estimated at approximately 400,000 Ounces.
Includes 39 Claims, facilities and equipment with best-in-class HPC recovery system with 95%-97% extraction yield and extremely low operating costs (click here for more info.).
Very coarse gold with over 20 million yards to process and depths to 100 feet.
Experienced management team and operating crew available if required - contact us for details.
The owners are selling the mine in order to focus on the international commercialization of their mineral extraction technology.
(see www.extrac-tec.com).
Only accredited investors able to demonstrate financial capability.
