CLEVELAND #1 & CLEVELAND #2 MINES
The Cleveland #1 and Cleveland #2 Mines consist of two (2) unpatented lode mining claims, covering 41.32 acres, on federal land managed by the U.S. Bureau of Land Management. The Cleveland claims are in located in the Delano District, which is a well-known silver-lead-gold district in NW Elko County, Nevada that produced metals every year from 1917 to 1966.
The Cleveland Mines contain two mining shafts, two adits, multiple prospect pits, and tailings. There is also a road that runs to and through the claim making access easy.
This is a real former producer and mines like this are very rare. This mine will be a good investment and give incredible leverage on any rises in the silver price.
Mining and Exploration Potential: The Cleveland Mines are some of the most advanced properties in the district with past production and unmined potential.
With silver prices skyrocketing – these properties could be excellent investments and could attract the attention of a junior mining company for a lease, joint venture or purchase (at a much higher price).
Access is by dirt road and is pretty good.
Noranda (a large international mining company active in Nevada in the 70’s to 80’s) drilled a silver-lead-zinc-gold deposit in the Delano District / Cleveland area which is a tabular replacement body that underlies much of the district. These replacement bodies are large and high-grade and could interest a major mining company if developed.
Geologists have speculated that a concealed intrusive could be the source of the mineralization in the Delano District. Finding this intrusive and the “mother-lode” source of the high-grade veins could lead to additional discoveries and expand the deposits found by Noranda.
The district also contains numerous gold bearing veins and tungsten prospects – both of which could be developed.
Another wild card is the tin deposit that is also stratabound that underlies the silver replacement bodies. The district is said to contain numerous tin prospects.
The Delano District lies in NW Elko County, Nevada. The district is known for high grade silver-lead-zinc mines and a large tungsten deposit (Indian Springs). Some of the famous mines include Argyle, Delano, Cleveland, Gold Note, 86 Mine, and the Mitchell Mine. We have staked two of the best mines in the district near or on top of the resource drilled out by Noranda in the 1980’s.
History: Prospectors discovered the district in 1872 after being shown the rich silver veins by an Indian. Production commenced in 1908 from the Cleveland and Argyle Mines. The Delano District was in continuous production until 1966 – making it one of the longest producing mining districts in Nevada.
The Cleveland Mine has 6,700 feet of workings. A shaft extends 450 feet deep to the bedding plane of the ore deposit. About 90% of the ore was mined at less than 300 feet. There could be more potential at depth. The Cleveland Mine was in production from about 1918 until after WWII when it shut down.
After the Cleveland closed – most of the activity in the District shifted to the Delano Mine which shipped ore from leasers until 1966.
The ore deposits in the District could be quite high grade – up to 200 ounce per ton silver! The ore beds are about 2-6 feet thick.
In the 1980’s Noranda explored the district and discovered a 250,000 ton deposit resource which grades 6.43 oz/ton silver, 5.6% lead and 3.8% zinc. A memo on the Noranda exploration program notes that the they believed the potential was several million tons of high grade silver-lead-zinc ore. Beneath the silver-lead-zinc deposit was a tin deposit grading 2%. The Indian Springs tungsten deposit, one of the largest in the United States, is located 3 miles SE of the Cleveland claims.
Geology: The Delano district consists of thick layers of Permian sediments intruded by granidiorite. The north part of the district near Delano Peak is overlain by Miocene volcanics and ash-flow tuffs. NE striking faults intersect many of the historical mines. There are two main types of deposits: i) silver-lead-zinc-gold replacement bodies that are tabular and stratabound (Cleveland, Delano Mine, Gold Note) and ii) silver-tungsten veins along fissures and faults (Indian Springs).
The host rock for the Cleveland Mine is limestone and the ore deposits are in bedding planes up to 6 feet thick. These are large tabular deposits that are flat lying up to 35 degree dip. There may be more of these bedding planes at depth near the faults.
Reports Available: In 1960, DR Olsen wrote a Phd Thesis on the Delano District. This Phd thesis has details on all the producing mines, their geology and history. There are also underground maps and smelter return receipts showing grades and tonnages.
Noranda produced a geology map of the district. Numerous reports available from the Nevada Bureau of Mines. All of these are in pdf format available to any prospective buyer.
FAQ
Why Nevada?
Nevada is consistently ranked as one of the top mining jurisdictions in the world for being mining-friendly and continuing to produce major discoveries. If Nevada was a country it would be the 5th largest gold producer in the world (after Australia, Canada, China, and Russia). Nevada is home to the Carlin Trend, the Cortez Trend, the Walker Lane Trend, the Getchell Trend and many other prolific gold producing regions. In addition to gold Nevada also has major mines producing silver, copper, lithium, iron ore, magnesium, gems and many other minerals. Nevada is 85% owned by the federal government and most of this land is available for claim staking. This means some of the best mining ground in the world is open to small prospectors – a very unique situation. There are many mining companies active in Nevada and therefore, multiple potential buyers for any discovery you make. Canadian based junior exploration companies are particularly active in Nevada.
Why Buy a Claim?
Buying a claim is a great way to get started in mining and prospecting. Buying a claim that is professionally staked reduces your upfront work and the risk of making a mistake on your paperwork or in the field. Our claims are in areas with historical mining activity and most have numerous pits, shafts, and adits to explore. Finding these claims takes lots of research that is already done for you. The best place to find gold is where people have already found it!
Why Us?
I have been working in mineral exploration in the southwestern United States and Alaska for 21 years. I have co-founded four junior mining companies and managed numerous drilling and exploration projects. I have worked with large and small mining companies and know what types of projects they are looking for that can be advanced by small prospectors. I have also worked on small hardrock production projects. I usually try to find claims that have known high grade veins that can be produced and that also have some exploration upside. We stand by our claims and fix any problems that come up. We can also help you with your annual filings. All our claims have a BLM serial number and can be found on the U.S. BLM MLRS website database. We hire the same professional claim staking companies that the large mining companies hire and all the claims have professionally drafted and accurate maps.
How is ownership of the claim transferred?
Ownership of mining claims is transferred with a Quitclaim Deed which we prepare. We pay all claim transfer fees and file the claim transfer paperwork with the BLM and Elko County. The BLM takes about 30 to 45 days to process the claim transfer (Quit Claim) and register the claim in your name. The Elko County Recorder usually returns documents within 1 day if they are filed electronically. Once the transfer is complete we will send you all the original documents including the file stamped Quitclaim Deed, the original location notices and claim maps.
How Much are the Annual Claim Fees?
The BLM charges a $200 per claim annual maintenance fee which is due on September 1st each year. The BLM fees can be paid online through their claim management portal. Elko County requires that a Notice of Intent to Hold form is filed the first year by Nov 1st along with payment of the recording fee of $12 plus $12 per claim.
If you own less than 10 mining claims you can qualify for a waiver of the annual maintenance fee by filing a Small Miner’s Waiver. However, the Small Miner’s Waiver requires that you perform $100 in labor or improvements on the claim each year.
International Buyers
International buyers must either have dual US citizenship and US address or have a US entity or company to own the claim.