Description |
Terra Firma Auction Services is a third party auction service acting as a foreclosure agent for the seller. The seller has agreed to offer the following property foreclosure at NO RESERVE.
Legal Description:
Saul Gold Mine Property - MRO - 20 acres
Serial: MT105260019
Jefferson County, Montana
SEC 33, T6N, R5W, Montana Principal Meridian.
100% MRO
Surveyed upon foreclosure in 2023. Appraised value of $190,000
It is recommended that perspective buyers conduct their due diligence, including in person visit to the properties.
Real property, being sold unencumbered with no liens or back taxes. Fee simple transfer. If you are unclear on any aspects of ownership of real property, MRO, SRO or purchase thereof, it is recommended that you seek legal advice before registering or bidding. Properties are sold as is, where is. No other warranties or representations.
10% Buyer's Premium
$695 Documentation/Closing fee.
Warranty Deed Available for $1795
The Saul Mineral property is a 20-acre Property in the Basin-Cataract District. The property is notable for native gold content and a substantial area of creek which shows flake gold for recovery. The property is in the heart of a region known as Galena Park. The area is known for many small gold mines with silver valuations. Gold and sphalerite with auriferous pyrite are the common host material.
The property has a good access road but will require 4-wheel drive. There are remnants of two adits on the property that show very rich ore. Surveyors took several samples with visible gold for assay. The gold is found in a bluish quartz that carries some silver. Copper and lead were negligible. There are several dumps of high-grade material that were never shipped, estimate 25 tons total.
A small creek runs through the property on the west side, the creek diverts through the old adit workings and is seeping from the lower adit. The creek shows high probability for recovery of placer gold. There are extensive black sands in the creek and there is visible “float” or flake gold that is able to be seen by the naked eye. There is an area of the creek on the property that has been worked for placer, a cut on the east bank shows evidence of highbanking.
Technical Report available in links.
Survey Documented and Verified:
5,298 tons Dump Material
620 oz Gold
525 oz. Silver
Assay values from 0.55 to 4.65 oz AU/T. from surface samples
County Road Access is via high clearance 4WD.
Absolute sale of real property. Please view all terms and condition of the auction and be prepared to abide.
|