James Billingsley
Vail, AZ (USA)
Role(s):
Founder/Owner/Principal
Billali Mine LLC
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Startup
Location:
Duncan
Industry:
Construction
Year Founded:
1988
Number Employees:
1-10 people
Business Stage:
Creation/Idea
Entity Type:
Limited Liability Company
Description:
The Billali claim is located near the northwest end of the Steeple Rock District in SW New Mexico, very close to the Arizona border. This district was mined since the late 1800’s and most of the claims located there were patented around that time. The patent on the Billali claim was granted in 1899. Three partners (Les Billingsley, Richard Billingsley and Joy Merz) acquired the claims about 22 years ago. No major production was ever made from the Billali claim. The partnership is in the process of being incorporated as Billali LLC, in the state of New Mexico. This venture is expected to yeild sales of proccessed gold/silver ore exceeding $100Mil over the course of less than 10 years.