Bought with Paul Bottari • Bottari & Associates
$425,000
$500,000
15.0%For more information regarding the value of a property, please contact us for a free consultation.
740 Acres Lot
SOLD DATE : 01/06/2025
Key Details
Sold Price $425,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Patented Mines
MLS Listing ID 3623864
Sold Date 01/06/25
HOA Y/N No
Annual Tax Amount $502
Lot Size 740.000 Acres
Acres 740.0
Property Description
he Spruce Mountain molybdenum-silver porphyry project is located in North Eastern Nevada, USA, about 40 miles south of Wells, 25 miles north of the town of Currie. It is a prospective property for molybdenum, with copper, silver, gold and rhenium by-products. The property is located in the Spruce Mountain lead-silver mining district. To date, approximately $5 million worth of lead and silver has been mined at the location from four lead/silver mines contained within the property. These are the Monarch, Black Forest, Kille and Spruce Standard Mines. That being said we're only asking $500,000 for the property so if we thought it would be gold or silver producing in the near future this is not the case. It would be a good recreational property with potential for minerals down the road. The location has good accessibility year round with good quality gravel roads and railway lines within 25 miles of the property. During winter months access can be restricted due to snow and not maintained roads. This one has a lot of character with old cabins and lots of trees.
Location
State NV
County Elko
Area Elko
Interior
Fireplace No
Exterior
Utilities Available Cellular Phone Reception
Building
Lot Description Adjacent To Public Land, Wooded
Faces East
Others
Tax ID 0PM-127-062,0PM-127-
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