Coldwell Banker Residential Brokerage, Lake Havasu City office has listed a once-operating gold mine for $28 million. On approximately 119-acres, the iconic Mohave County gold mine, located at 9880 Windy Point, Chloride, Ariz., includes all mineral and water rights on the land.
“This property represents a unique opportunity for a buyer willing to invest in startup costs to make the mines operational again,” said Listing REALTOR John Parrott, who is affiliated with the Coldwell Banker Residential Brokerage Lake Havasu City office. “Rainbow Mine plus several other patented mines on the property show substantial promise for multiple mineral ores, according to a Nevada geologist’s 2013 report on the survey and assay of the earth.”
In addition to gold and silver deposits, the geologist noted there appears to be good quantities of iridium, which is used in the manufacturing of heavy-duty electronic contacts. Mining here began in the late 19th century and was halted around 1940. At one time, Rainbow Mine was traded on the New York Stock Exchange.
“Long-term, substantial income possibilities are promising for the right buyer,” added Parrott.
For more information on this property contact John Parrott at 928-486-1193.
