Terra Firma Auction Services is an Auction Services Company acting as a foreclosure agent for the Seller. The seller has obligated to liquidating the following foreclosure at NO RESERVE. This is an absolute, fee simple sale. Winning bidder will receive clear and unencumbered deed to the property as described below:
Legal Description:
Goldstone Lode - IMC218803
Section 14, 21N 24E Boise Meridian
Goldstone 2 Lode - IMC220696
Section 23, 21N 24E Boise Meridian
The Goldstone Property is 40 acres, MRO, which encompasses all of the main workings, portals, cabines, Spring and access of the Goldstone Mine. The property is located just west of Goldstone Pass on the Idaho side of the Continental Divide. Road access is 4WD only and only from the Montana side.
This property will be sold at absolute NO RESERVE at the direction of the seller.
The property has a long and very detailed and validated history. Please review all of the documentation associated with the property as attached to this listing.
This is an ideal property if you want to be off-grid completely.
With the documented gold asset on site worth at least $35 Million Dollars, it gives a lot of room for improvement and development while still making a very significant profit. This doesn't account for any of the silver or copper that is documented on the site.
Plan to see plenty of wildlife. Bears, Elk and deer are prevalent.
This is a high country property located at an elevation of nearly 9000'
The Goldstone property has documented blocked reserves of gold, silver and copper. According to USGS documentation, at least 15,900 ounces of Gold and almost 600,000 ounces of silver.
There are roughly 8,000' of subsurface workings in the form of drift and winzes working around the defined ore body.
A very comfortable and dry bunkhouse is on site. There is also an old cabin and various remnants of the last operations which were carried out in the 1950s.
The Goldstone was addressed in 2008 by the EPA and the "toxic" tailings were removed from the site. The drift workings were also collapsed at this time. New owner will need to re-open these portals and stabilize to access the 8000' of subsurface workings.
The workings drain out of a lower haulage tunnel that is not on the property.
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