Pilot plant
A limited pilot plant operation at the Lost Nugget site, under an exploration permit, verified the feasibility of an economically viable operation.
Our project
A placer gold mine in the Hassayampa Mining District, Yavapai County, about 20 miles south-southwest of Prescott, Arizona.
Overview
The Gold Basin Mine consists of federal mining claims on 250 acres of US Forest Service land in the Prescott National Forest. The eleven claims comply with current Bureau of Land Management requirements for aliquot description, and the mine has three main sites: Lost Nugget, Riverbend and Red Hill.
An NI 43-101 Technical Report was prepared on the property in 2011 and updated in October 2020 by Professional Geologist and Qualified Person Mark Slatten.
| Type | Placer gold mine |
|---|---|
| Location | Hassayampa Mining District, Yavapai County, Arizona |
| Land | 250 acres of US Forest Service land (Prescott National Forest) |
| Claims | 11 federal mining claims |
| Main sites | Lost Nugget · Riverbend · Red Hill |
| Technical report | NI 43-101, 2011; updated October 2020 (Mark Slatten, P.G., Qualified Person) |
| Stated resource | 1,730,200 oz of recoverable gold, measured & indicated* |
| Planned production | About 125 cubic yards per hour |
* As stated in the 2020 NI 43-101 Technical Report. Mineral resources are not mineral reserves and have not demonstrated economic viability; estimates are not a guarantee of future production. See the disclaimer.
Location & access
The site is an active mining property on National Forest land. Please contact us before visiting.
The map loads from OpenStreetMap only when you click, so nothing is requested from a third party before that.
The marker shows the approximate area near Wilhoit, not the exact claim boundaries.
Development
A limited pilot plant operation at the Lost Nugget site, under an exploration permit, verified the feasibility of an economically viable operation.
The application to move operations to the Riverbend site for full-scale mining is at an advanced stage, ahead of the final Authorization to Commence Operations.
Once the authorization is issued, the company plans to bring the mine into full-scale operation at about 125 cubic yards per hour.
Gallery
Speak to Suchit Patel or write to us.