Gold Mine for Sale in Northwestern Nigeria - $10 Million USD

Exceptional Gold Mine Investment Opportunity in Northwestern Nigeria

Welcome to an extraordinary investment opportunity in the heart of Northwestern Nigeria! This exceptional gold mine, strategically located within tenements 116 and 117 (Karengi and Konkwesso) near Konkwesso town, promises a lucrative venture for the savvy investor.

Property Highlights:

Location: Northwestern Nigeria, near Konkwesso town
Price: $10 Million USD

Gold Resource Estimation:

BLOCK A – Whole Area Prospected

• Prospected Area: 599.40 m²
• Volume of Ore: 1,798,200 m³
• Tonnage of Ore: 4,135,860 tons
• Gold Grade: 7 g/t
• Gold Resource: 17,444.5 kg (615,320.625 oz)
• Annual Gold Revenue: $35,328,466.82

BLOCK B – Area Selected for Surface Mining

• Area: 9,900 m²
• Tonnage of Ore: 503,010 tons
• Gold Grade: 9 g/t
• Gold Resource: 23,509 kg (734,656.25 oz)
• Annual Gold Revenue: $80,741,819.44

QUARTZ VEINS

• Average Gold Weight: 38 g/t
• Gold Resource: 14,878.9 kg/year
• Annual Gold Revenue: $475,170,499.31

Total Annual Gold Revenue (Zone A + Zone B + Quartz Veins): $116,545,785.57
Mine Life: Estimated at 150 years
Total Gold Resources over the life of the mine: $88,705,217,510,325
Net Price for EL256977 (5% of Total Value): $4,435,260,875.52

Mining and Processing Plan:

• Mining Method: Small-scale open pit surface mining
• Maximum Pit Depth: 10m with no more than three benches
• Production Rate: 1000 Tons Per Day (TPD)

Gold in Nigeria:

Primary gold deposits include auriferous veins, quartz pods, and dissemination in basic volcanic rocks. Alluvial and eluvial deposits contribute significantly to gold production.

Conclusion:

This gold mine presents a rare and lucrative investment opportunity with substantial resources, a long mine life, and a comprehensive mining and processing plan. The net price of $4,435,260,875.52 is a testament to the project's exceptional value, backed by thorough resource computation and exploration.

Don't miss the chance to capitalize on the potential of this prime gold mining asset in Northwestern Nigeria! Contact us today to learn more and secure this incredible investment.