Brandon Esposito

Sacramento, CA (USA)
Role(s):
Founder/Owner/Principal

Golden Riffle Mining CO.

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Location: Sacramento
Industry: Construction
Year Founded: 2007
Number Employees: 1-10 people
Description: Location: California • 80 acres on 4 fed claims • 3 million + yards of economically viable head ore to mine • water available • Federal and State Permits in place • year ' round mining season • Ready for Expansion Proven + Probable Gold Reserves: $100,000,000 USD (at $850 gold) "The Golden Riffle Placer Project is viewed as one of the best placer projects in California from the standpoint of proven reserves through exhaustive testing, ore tenor, location, and logistics, water availability and year around climate." Location: The Golden Riffle claims are located on 80 acres in California, around the American River, fully accessible using a gravel forest service road to the site. Since 2005 approximately $800,000 has been spent on mine development, including the successful acquisition of Federal and State permits, construction of two water ponds, permitting and drilling two deep water wells, extensive bulk sampling, and turn key development. The claims contain at least 3 million cubic yards of economically viable head ore. Proven and probable reserves shown from J.H. Warren & CO. report data are now valued at over US S100,000,000.00 at $850 per ounce. Much of the ground with the same or similar geology has not yet been tested. Water: Water is available from a river flowing on the claims. An existing deep pool on the shore of the river has a pump in place with piping to the mining site recycling ponds. The Plan of Operations and 1872 Mining Law permits pumping from the river at this pond site. Two water wells on the site have been permitted and drilled and can provide water for mining during dry periods. We are currently seeking a JV partner to come in with with at least 1 million dollars to start work on developing two tunnels that have never been worked before. These river beds in the mountain carry some 500,000 ounces of gold, and that is not counting the big nuggets these rivers are said to carry. With the plan we have in effect our JV partner @ 50% ownership would have an ROI of $10,000,000.00 per year for the next two years plus $5,000,000.00 on the last year of mining and would retain 50% ownership of the mine and any minerals on the claim for life. For more information please email us at (URL removed)