| Risk and valuation analysis of the Bates-Hunter Project |
| Status Risk : Mine development |
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| Title(s) of the Bates-Hunter Project |
 | Wits Basin Precious Minerals Inc.
Owner: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| The purchase of the assets has been done for a fixed price of $6,500,000 CAD using debt carried by the seller. The payments on this debt are contingent on production. The assets consist of the Bates-Hunter Gold Mine, the Golden Gilpin Mill, a water treatment plant, mining properties, claims, permits and all ancillary equipment |
 | Standard Gold, Inc.
Owner: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Location of the Bates-Hunter Project |
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The Bates-Hunter mine is located about 35 miles west of Denver, Colorado within the city limits of Central City while the mill lies about one mile by paved road to the north in Black Hawk. The Central City mining district lies on the east slope of th more...
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| History of the Bates-Hunter Project |
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The Bates vein, in the area of the Bates-Hunter Gold Mine, was the second lode discovered in Colorado and helped spark the great Colorado gold rush of the mid-1800s. The Bates-Hunter Gold Mine was closed in 1936 when the market price of gold remained more...
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