The Bonanza Placer Property represents a unique opportunity where there are still significant Bonanza Creek lower
pay gravels and White Channel pay gravels available for mining on claims that have clear title of ownership and are
The Bonanza Placer Property is prospective for bulk extraction of the largest placer gold targets on the property which are:
1) Bonanza Creek bed below 26 feet Dredge No. 5 level
2) Bonanza Creek bed covered under hydraulic tailings
3) Extensive White Channel deposits with a volume of around 2.8 million cubic meters
The owners of the property have conducted over ten years of profitable mining with a small crew (generally three persons on a day shift) on relatively easily accessible pay dirt and believe that the property could profitably support a bulk mining operation with investment in larger equipment and infrastructure.