Pend Oreille Silica Deposit

0 Pend Orielle Silica Deposit Ponderay , Idaho 83852

  • 640 Acres
  • Land
  • For Sale

Summary Description

640 acre total claims area south of (and not visible from) Lake Pend Oreille in northern Idaho on Green Mountain (representing the heart of the silica deposit). This 640 acre claims area is referred to in this Presentation as the POS Claims Area.

An additional ~1,700 acres has been mapped and is ready for staking/claiming, if desired, for a total potential claims area of
~2,340 acres. (No assurance can be given that other parties will not attempt to stake/claim the additional ~1700 acres; however, POS does not believe that such additional acreage will materially impact the value of the Mining Claims. Further, claiming the additional acreage would involve the payments of additional initial and annual filing fees.)

The claims area is also known as: (Lake) Pend Oreille Silica Sand Project; Gold Creek Quartzite formation (upper Deposit); Green Mountain Silica deposit; and Packsaddle claim.

Exact details and GEO maps, including boundaries, core sampling details, roads cited in the studies, removal and transport options, etc., are available upon request, subject (in the case of certain of such information) to the execution of a Non-Disclosure Agreement.

A substantial, high-purity silica deposit in excess of an estimated 16 million tons (in the total 640 acre claims area) with a long history of purity identification and analysis with initial documents for this site as far back as the early 1900s. The potential ~2,340 acre claims area has an estimated 21 million tons of high-purity silica.

 

Price: $220,000,000.00

Area Available: 640 Acres

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