GROUP OF SIX UNDERGROUND GOLD MINES
Complete with underground and surface equipment- immediate cash flow. Central 3TPH gravity processing plant (new lined ball mill), workshop and comfortable camp.
We have been working two of the mines called Maddens and Brothers - both developed decline drives. Underground photos refer to the Maddens. The remaining four mines have been faced on ore ready for further development. The total area of our leases cover 36 hectares which is highly prospective. The gold is course in quartz reef, some specimens as large as half your thumb nail. We recovered 93% from a gravity circuit.
Privately owned by partners & operated for 5 years.
This is a unique opportunity to own the only operation of its type in North Queensland, AUSTRALIA. The properties are clear of Native Title claims, in itself is a major plus as costs and time associated with establishing a new mine site is extremely high.
For more particulars contact:
John Brown
From the left, kitchen and quarters, more accommodation, oblutions, accommodation, workshop, then master accommodation on the right.
Workshop
Front end loader at ore pad.
Bogger at ore face by way of a decline.
Partner inspecting visible gold in quartz vein.
Setting explosive charge pattern in meter wide quartz reef.
Gold "cake" after retort of mercury.
Pouring gold bar from furnace.
Small gold bar prior despatch to the Perth Mint - value $23,000.
NOW THE LOCATION MAP
The mine site is 50 klms due west of Cape Tribulation, 120 kl north of Cairns and 80 kl south of Cooktown. The GPS position is E16.02.59 S144.55.62. Captain Cook made his first landing on Australian soil at the Endeavour River, Cooktown. For those of you who want a fantastic lifestyle close by the famous Great Barrier Reef, tucked away from the madding crowds in the Great Dividing Range - this is for you and/or partners.
The mine location is at the top of the map at the left. You will see a cross mark just to the south of Mt Pike on Taylors Creek Much of the general area to the south of the mine is the head waters to the famous alluvial district of the Palmer River which runs to the west. In its heyday, thousands worked the Palmer.
SALE PRICE - AUD$950,000 cash
The total leases covering all mines and 36 hectares of prospective country plus all infrastructure ready to re-commence mining on a walk in - walk out basis.
.
The mine is only 50 kilometres from the
famous Great Barrier Reef.
Full Report of the MADDENS FLAT Group of
Tenement
16° 2'35.40"S 144°55'37.20"E
GPS of mine.
