Bagdad Chase Mine Rd
Ludlow, CA 92338

*** Come VIEW and MAKE an OFFER TODAY ! Incredible mining opportunity located in Ludlow, CA. For millions of years magmatic flows mixed with underground natural springs, creating this amazing collection of real estate. The Bagdad Chase Mine offers nearly 500 acres, and approximately 3000 acres of mining claims that contain IOCG Breccia Systems. These Breccia Systems are deposits of mineralized Iron Oxide Copper-Gold. According to the Wright Engineers Evaluation Report attached to this listing the current proven and probable reserves of "826,388 tons grading 0.148 oz Au/ton" has the potential to generate 122,000 oz of GOLD. Multiply that by the current price of GOLD and we are looking at the possibility of a 9-figure revenue stream. Plus, the prospect of mining iron, copper, and about 25 other useful minerals. In addition, the aggregate rock produced from the mining process could be sold as colorful gravel ideal for landscaping. Whether you are interested in mining minerals, setting up a quarry, or both the Bagdad Chase Mine has the potential of generating lucrative cap rates. Other highlights offered: 260 Foot Well, Ownership of Bagdad Chase Mine Rd, RAILROAD Right of Way, Existing Mine Shafts, and a RICH history with President Roosevelt signing some of the original deeds. For more information please refer to the documents attached to this listing including: Preliminary Economic Assessment, Evaluation Report, Right Of Way Opinion, List of Mining Claims/Well Railroad Maps, Quarry Scope Of Work, MinDat Summary, and Title Profiles.