Bagdad Chase Rd
Ludlow, CA 92338

SELLERS ARE EXTREMELY MOTIVATED TO START NEGOTIATIONS WILLING TO CONSIDER ANY AND ALL REASONABLE OFFERS *** Come VIEW and MAKE an OFFER TODAY ! Incredible mining opportunity located in Ludlow, CA. For millions of years magmatic flows created this amazing collection of real estate. The Bagdad Chase Mine offers nearly 500 acres, and approximately 3000 acres of mining claims that contain IOCG Breccia Systems. These Breccia Systems are colorful deposits of mineralized Iron Oxide Copper-Gold. Originally intended as a GOLD mine, the 1987 Wright Engineers Evaluation Report attached to this listing shows the current proven and probable reserves of "826,388 tons grading 0.148 oz Au/ton" with the potential of generating 122,000 oz of GOLD. Multiply that by the current per-ounce-price and we are looking at the possibility of a 9-figure revenue stream. Another great use for the site would be a colorful gravel QUARRY. With water conservation on the rise, rock-scapes will be in high demand. The aggregate rock produced from the mining process has many vibrant shades of gravel ideal for landscaping. Whether you are interested in mining minerals, setting up a quarry, or both the Bagdad Chase Mine has the potential of generating lucrative cap rates. Other highlights include: 260 Foot Well, Ownership of Bagdad Chase Rd, RAILROAD Right of Way, Existing Mine Shafts, and a "RICH" history with President Roosevelt signing some of the original deeds. For more information please refer to the documents attached to this listing: Wright Engineers Evaluation Report Page One, Well Map, Railroad Map, MinDat Summary, and Title Profiles. Full evaluation report, economic assessment, quarry scope of work, list of mine claims, and railroad right of way opinion can also be provided upon request or during escrow.