-40%
Two AZ Lode Mining Claims, Gold, Silver, Cu Resources, Belmont Mts, 41 ac, NR!
Two AZ Lode Mining Claims, Gold, Silver, Cu Resources, Belmont Mts, 41 ac, NR!
Two AZ Lode Mining Claims, Gold, Silver, Cu Resources, Belmont Mts, 41 ac, NR!
Two AZ Lode Mining Claims, Gold, Silver, Cu Resources, Belmont Mts, 41 ac, NR!
Two AZ Lode Mining Claims, Gold, Silver, Cu Resources, Belmont Mts, 41 ac, NR!
Two AZ Lode Mining Claims, Gold, Silver, Cu Resources, Belmont Mts, 41 ac, NR!
Two AZ Lode Mining Claims, Gold, Silver, Cu Resources, Belmont Mts, 41 ac, NR!
Two AZ Lode Mining Claims, Gold, Silver, Cu Resources, Belmont Mts, 41 ac, NR!
Two AZ Lode Mining Claims, Gold, Silver, Cu Resources, Belmont Mts, 41 ac, NR!
Two AZ Lode Mining Claims, Gold, Silver, Cu Resources, Belmont Mts, 41 ac, NR!
Two AZ Lode Mining Claims, Gold, Silver, Cu Resources, Belmont Mts, 41 ac, NR!
Two AZ Lode Mining Claims, Gold, Silver, Cu Resources, Belmont Mts, 41 ac, NR!

Two AZ Lode Mining Claims, Gold, Silver, Cu Resources, Belmont Mts, 41 ac, NR!

$ 176.88

Availability: 100 in stock
  • State/Province: Arizona
  • Featured Refinements: Gold Mining Claim
  • Seller State of Residence: Nevada

    Description

    This auction is for two unpatented lode mining claims on the Morning Star and Blue Hope mines
    The claims are located in Maricopa County, AZ approximately 14 miles apart
    Both mines produced gold, silver, and copper
    Exploration results indicate that significant resources remain
    The claims have direct access and are in a beautiful area with fascinating history
    The auction ends 8pm Pacific Time, Sunday August 1st
    Beat inflation, find precious metals, and enjoy the outdoors with a mining claim!
    Location and Access
    The Morning Star mine is approximately 46 miles northwest of Phoenix. The Blue Hope Mine is 14 miles northwest of Morning Star. The claims are in the Belmont Mountains in Maricopa County, AZ.
    Both claims can be accessed directly by dirt roads. I would recommend taking an AWD/4wd vehicle. Access is year-round.
    You can camp on both claims.
    The coordinates for the Morning Star mine are 33.637904 -112.914356 and the coordinates for the Blue Hope mine are 33.734129 -113.132566.
    History
    The Morning Star lode was first discovered in 1928 but development did not begin until 1937 when L. R. Stits shipped three carloads of ore. In the 1940s it was leased to William V. Thorpe who produced about 500 tons of ore per day until 1946. During that time copper was the primary commodity mined and from 1937-1940 12,643 pounds was produced.
    In later years exploration continued and even included diamond drilling with favorable results but evidently funding wasn’t obtained to develop the property further.
    The Blue Hope Mine, also called the Pump Mine, was first worked by Mexican miners in the late 1880s. In the early 1900s a man named Pump continued working the surface ore in arrastras. More systematic mining did not begin until 1936 but apparently the recovery efficiency of the mill was very low and the operation did not last long. Total production is estimated to be 200 ounces of gold, 50 ounces of silver, and 150 pounds of copper.
    The history of the Blue Hope after the 1930s isn’t very clear. At one point in the 1980s it was owned by Can-Ex Resources.
    Geology and Resources
    A geologist who examined the Morning Star wrote that the ore: “is in andesite and near the contact between andesite and rhyolite. Trend of the ore on its dip is toward this contact and may be located there at greater depth. The veins two striking northerly and one easterly and westerly, will average about two and one-half feet in width and seem to dip toward and under the rhyolite and enclosing the rhyolite on three sides, west, south and east. The rhyolite is quite altered, as is also the andesite adjoining the ore. The ore is composed of chalcocite (copper glance) and copper carbonates. the latter being the result of oxidation of the glance. The glance, being a secondary mineral, is no doubt an alteration in place of the primary mineral chalcopyrite.”
    He expected one of the shafts to produce 12,000 tons of “very profitable ore” averaging /ton (at 1940 prices). Ore grades were reported to be 5% copper, 2.3 oz/ton silver, and .03 oz/ton gold. Diamond drilling was in three locations was reported to show between and /ton at 1940 prices. It is likely much of this ore remains and even the tailings that were not profitable to work in the early 20
    th
    century are valuable at today’s metal prices.
    Less is known about the geology of the Blue Hope. The primary metal was gold with silver and copper also present in the ore. Because the recovery rate of the mill was so low, at about 50%, only 1200 tons was reported being processed. “Positive ore” (remaining ore) was estimated at 20,000 tons with the 1200 tons of tailings also containing metal values. The development on this claim mostly consists of pits. It has potential to produce profitable ore with today’s recovery methods that were not available when the mine was first worked.
    There are few long term investments better than hard assets with copper, gold, and silver resource potential. Claims like these that have a history of production, successful exploration work, and identified resources are very hard to find. Beyond their resource potential they are an opportunity to own a piece of history in the American West and enjoy the outdoors in beautiful Arizona.
    Terms
    This is a no reserve auction for full ownership of the Morning Star and Blue Hope lode mining claims. The high bid is the full price there are no other fees. Payment is due within 72 hours of the auction's end. If you have less than 5 feedbacks please contact me prior to bidding. When the payment is made I will record the Quitclaim deeds with the Maricopa County recorder and the Bureau of Land Management transferring title to your name.