Description
Fully enjoy 260 acres of high-alpine splendor. These mining claims, with seasonal access, are adjacent to and overlap some of the Ouray Silver mine's claims. As such, there is a realistic possibility of mining revenue in addition to hunting and enjoying the high mountain surroundings. Well priced at less than $1000/ acre, these claims could be a good store of value in an inflationary environment. Approximately 140 acres are 100% owned by the seller, the additional acreage is 1/16 owned, but the Buyer enjoys full access. The historic boarding house near the top of Governor's Basin provides a level spot for an RV or future endeavors.Seller to retain 10% Net Smelter Return or "NSR" meaning a royalty payment based on the value of gross metal production from the property, less deduction of certain limited costs including smelting and refining, as defined by contract.
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0BEDS
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260ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Fully enjoy 260 acres of high-alpine splendor. These mining claims, with seasonal access, are adjacent to and overlap some of the Ouray Silver mine's claims. As such, there is a realistic possibility of mining revenue in addition to hunting and enjoying the high mountain surroundings. Well priced at less than $1000/ acre, these claims could be a good store of value in an inflationary environment. Approximately 140 acres are 100% owned by the seller, the additional acreage is 1/16 owned, but the Buyer enjoys full access. The historic boarding house near the top of Governor's Basin provides a level spot for an RV or future endeavors.Seller to retain 10% Net Smelter Return or "NSR" meaning a royalty payment based on the value of gross metal production from the property, less deduction of certain limited costs including smelting and refining, as defined by contract.
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Data last updated: 2022-08-18T23:49:32.997.
Listing provided courtesy of Cathy Redmond of Redmond Realty, Llc: .