GOLDEN POND Placer Gold Mine for Sale, Permitted $250,000

Jack of Clubs Lake, Wells British Columbia

LOCATION AND ACCESS:

50 hectares / 123.55 acres. BC converted legacy placer tenure 531553 (Tag P33777). Mine Number 1640578. From Hwy 26 in Wells, take Legion Drive south for 100m, turning right onto Goldquartz Dr., and proceed SW for 220m to the junction with Hong St. Turn right and proceed on bush road over Lowhee Creek for 1.5 km to the property. Latitude: 53.0878600 Longitude: -121.5870000. Access to the Alluvial Flats is gated, and the owner has government approval as a keyholder.

GEOLOGY:

The property is within the coverage area of assessment work published in ARIS Report 36164 https://aris.empr.gov.bc.ca/ARISReports/36164.PDF.

2018 testing entailed processing 100 yards which resulted in 3.7 grams gold.

EQUIPMENT:

- Portable testing unit

- Kobelco SK 100 excavator

- Cat 931Crawler Loader

The camp consists of a large shelter, approx 40’ x 80’, an RV used as an office and a separate outhouse.

TERMS OF SALE:

The sale of the company, Mad Gripper Gold Mining Company Inc. (BC) includes a company tax credit (~$130,000) the equipment, reclamation bond, permitted placer tenure described here, and all outbuildings of the mining operation. The property has a ~$14,000 reclamation bond in place for the current scope of activities. The maximum allowable annual tonnage of pay dirt moved is currently 40,000 tonnes.

Warning- This property is offered for mining purposes only and ownership of the title to it does not include ownership of the surface rights or the right to use the surface for residential or recreational purposes.

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Tel (250) 999-1221