Bonnanza Mine Project
Welcome
Bonnanza Mine Project
An extremely valuable piece of real estate!
80+ acres (of 600 acres) located in the area of Halfway, Oregon. This is a historically known mine containing approximately 100,000 ounces of placer gold.
This is a restart of the Old Bonnanza Mine that operated profitably approximately from 1985 to 1991. Up until today it is believed to be the most profitable placer mine in the Western States.
- Mining cost estimate is $5 per cubic yard
- Conservative revenue is about $20 / yd.
- Net revenue estimate $15 per yard
- Mine to process 500 yards per day
- Profit estimated at $7,500 per day
- Permitting to take less than 6 months
- Surrounded by 350,000 acres of forest with Pine Creek through it
- Excellent private recreational property after mining is finished
- Permits exist for 15 cabins
- Property can be mined approximately 8 months per year
Please contact Paul Vaden at (503) 670 - 1093
To learn more about Mr. Vaden and other mines he owns, please visit his other website: www.paulvaden.info
