Wells, NV 89835,Spruce Mtn RD
Wells, NV 89835,Spruce Mtn RD
Wells, NV 89835,Spruce Mtn RD
Wells, NV 89835,Spruce Mtn RD
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Listed by Paul Bottari • Bottari & Associates
Bought with Paul Bottari • Bottari & Associates

$425,000

$500,000

15.0%
Est.Price: ?

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Est. payment /mo

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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895 W Silver St, Elko, NV, 89801, USA

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