GOLD MINING CLAIM near Fairplay Colorado FOR SALE, High Grade Ore Stockpile from London Mine and Placer Grounds Options

[ASTROBLEME]

NOTICE:

Due to the high grade nature of the gold ore stockpiled on this claim,the area is patrolled and monitored. This Federal Mining Claim is located, recorded, and maintained in accordance with 43 C.F.R. Part 3800 and 30 U.S.C. 22 et seq.; 43 U.S.C. 1744 and all appropriate state laws. All persons are warned that disturbance of the monuments, surface, or improvements on this claim or removal of minerals of any type without permission of the claimant(s), will result in their prosecution under the appropriate state and federal statutes.

HISTORY:

The London Mine Group was developed on pollymetallic quartz veins associated with the Great London Fault. According to documentation by Singewald and Butler (1941) the ore mined between 1895 and 1910 averaged 2.895 opt gold, 2.858 opt silver, 4.13 % lead, 2.66 % zinc, 4.85 % iron, 6.11 % sulfur, and 76.8 % silicon. The most recent reports published by the Colorado Geological Survey state that remaining mine and stockpile resources range from 0.10 to 0.41 opt gold having a weighted average of 0.19 opt gold. Most of the Tonko #1 CMC289770 mining claim was formerly known as the Jewett #1 CMC94664 and the Jewett #2 CMC94665 mining claims that were held by London Mine Venture from 1935 through 1991. The stockpile on Tonko #1 was estimated by Behre Dolbear & Company, Inc. in a report dated March of 1985 to contain 172,000 tons of gold ore!

MINING CLAIM MAP:



GOOGLE EARTH VIEW OF CLAIM:




HIGH GRADE SORTING OF ORE:

This photo shows the limited number of employees hand sorting out the exceptionally high grade ore being transported from the mine. Only the highest grades of visible gold ore were hand picked off of the conveyor belt and shipped out for processing. The mine had taken out all processing equipment after World War I due to high taxation. The gold ore stockpile was created by using a small mining train that traveled about 1/4 mile uphill from the sorting facility and dumped along the mountainside for future processing. The round-trip for stockpiling was about 1/2 mile and the volume of ore that was stored now looms over the local area. Since the hand sorting crew wore thick gloves and the speed of the conveyor belt moved exceptional specimens right past the sorting crew, substantial volumes of exceptionally high grade ore was subsequently transported out to the stockpile.




STOCKPILE PHOTO:




CONTACT:

President of Tonko Mining Company, Inc.

[ASTROBLEME]

Most of the very high grade specimens have already been removed using modern hand held metal detectors. Even so, the stockpile has only been worked from the flat top and only detected to a depth of 18 " or so.

Here's an interesting link to a London Mountain gold specimen;

High Graded Ore

ASTROBLEME

[ASTROBLEME]

ASKING PRICE UPDATE

We've had to rescinded our asking price for the gold stockpile at London Mountain due to the significant increases in gold value, consideration for the tremendous reduction in fuel costs for transport to mills and the recent uptick in responses for this sale offering.

Our asking price is now based upon real-time market conditions.

Sincerely,

Johnny Tonko
President
Tonko Mining Company, Inc.
johnny.tonko@tonkomining.com

[ASTROBLEME]

In 1938, there was a nugget mined from the Bulger Placer that weighed almost 1 troy pound. More recently, the Turtle Nugget (7.8 troy ounces) was found with a metal detector in the same placer. The source of these large specimens is only 1 1/2 miles southeast of the Tonko Stockpile.

ASTROBLEME

Vicinity Map



Turtle Nugget

[ASTROBLEME]

Everyone,

I hope you'll find the attached report helpful as it details the geology, mining history and tenor of the ores being mined in the vicinity of the London Fault at a time when the high grade stockpile was being put into place by hand sorting ores from London Mine.

The London Mine research begins on page 44 of 93... but the entire document reveals the significance of precious and base metal resources in the area.

ASTROBLEME

 Ore_Deposits_in_the_Vicinity_of_London_Fault.pdf ( 9.04MB ) Number of downloads: 6293

[ASTROBLEME]

Thanks for the interest in this gold mining claim. In consideration of the current gold market trend, we hereby withdraw this "for sale" offering.

Sincerely,

Johnny F. Tonko
President
Tonko Mining Company, Inc.

[johnnybravo300]

I wouldnt sell it either!
It will be worth alot more in the next few years I bet. What hard rock miner wouldnt drool on himself seeing that big pile just sitting there ready to be processed!