GOLD MINE DOGLEG PROJECT Lease for sale $1,500,000

CALL 07 3171 1050
Price AUD $1,500,000 GST Exclusive
Listing Type Used
Stock Number EMUS ASS78
Refcode TA966909
Operator License Required No
Operator Available No
Float Available No

E.M.U.S ASS78 Location Palmer River, QLD Type Gold Mine Lease Information Dogleg Project Palmer River. Mining Leases 100018, 100081, 100082 and 100112 EPM 26454 granted April 2018 for 5 years. We an excellent opportunity for someone with surplus machinery and wanting to put it to work. Gold mining is a great way to create a pay as you go contract as at the end of each day you have your money. There are great cash advantages as well. There is 4 leases on Dog Leg Creek and in the Palmer River Gold Field. Also there is a 65 square kilometres of prospectus ground that is covered by an EPM that gives you the sole right to peg leases. A lot more ground can be pegged. This ground was tested by Dominion Mining back in 1981 and 28 samples taken from dog leg creek 1 and 2 returned a result of 1.2 grams of gold per loose cubic meter. Gold is now worth $1850 per ounce. There is now a minor gold rush happening with gold prices rising. It is believed that there is around 1.6 million cubic meters of potential wash material in my project area which also includes part of the Palmer River. A good camp has been built (photos attached) and also a new modern fully hydraulic trommel recovery plant. (some photos as it was being built). Also 40 ft. container with workshop attached. The camp area is covered with an agreement with the landholders representative and has pegged a small infrastructure lease over it as well. There is a care taker there at the moment looking after the camp. The leases can be seen on google image Qld Globe going down Big Dog Leg Creek. To the East the next drainage is called Little Dog Leg Creek and to the North and has about 2 kilometres of the Palmer River. Only selling due to owners health issues. There is potentially $50m + allowing the grade to be 0.5gram per loose cubic meter. Sell price $1,500,000 plus GST or $1,650,000 including GST for the leases, EPM, trommel, plant and camp. Stock ID # - ASS78 Preferred phone calls during business hours please, text & s anytime This is Privately owned, E.M.U.S are selling on their behalf, we are professional Used Equipment Brokers We Broker used Machinery, Attachments, Trucks & Trailers is the home of Earthmovers & Excavators magazine and has over 40,000 new and used earthmoving & construction machinery items for sale across a wide range of categories including spare parts, excavators, transportable buildings, dozers, skid steers, backhoe loaders, machinery attachments, loaders, mini excavators and more.

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