123-Acre Patented Lode Gold Mine | 29 Palms, CA

Asking Price$9,999,999

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.Not Disclosed

Price per Sq. Ft.Not Disclosed

Patented Lode MineSave

123-Acre Patented Lode Gold Mine | 29 Palms, CA


Asking Price$9,999,999

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.Not Disclosed

Price per Sq. Ft.Not Disclosed


Seller Financing Available
Property Description
This is a once-in-a-generation opportunity to acquire a historically significant, fully patented gold mining property in the heart of the Old Dale Mining District, San Bernardino County, California, approximately 20 miles southeast of 29 Palms with spectacular unobstructed views of Joshua Tree National Park.

The Property
The Supply-Nightingale Mine operated continuously from the 1890s through 1942, when it was closed under the War Measures Act, not because it ran out of gold, but because the government shut it down. Historical records confirm the mine was still in ore at the 1,250-foot level at closure. Gold grades ranged from 0.44 to 0.68 ounces per ton, and the Supply-Nightingale Vein is traceable for over 6,000 feet along strike. At least nine parallel veins have been identified on the property.

The Gold Price Story
When the original geological exploration program was completed in the late 1980s, gold was trading at approximately $400 per ounce. Today gold is trading at nearly $5,000 per ounce; more than 12 times higher. The economics of this property have been completely transformed. Based on historical geological data, reported gold grades of 0.44 to 0.68 ounces per ton, and current gold prices approaching $5,000 per ounce, independent analysis suggests potential in-ground gross mineral value in the range of hundreds of millions to over one billion dollars. These figures represent unverified historical data only and are not a guarantee of recoverable reserves. Buyer is encouraged to conduct independent due diligence including updated geological assessment.

Multiple Development Opportunities
This property is not limited to mining. San Bernardino County is open to a variety of uses for the right buyer including:

Gold and silver mining operation
Geothermal energy development (temperatures exceed 105°F at depth in winter)
Boutique hotel or glamping resort with Joshua Tree National Park views
Tiny home or eco-village development
Concert or event venue (the natural terrain rivals Red Rocks)
Joint venture or royalty arrangement with an established mining operator

Seller Financing Available
Seller is highly motivated and offers flexible terms: 20% down, 5% interest, 15 or 30-year financing. Seller will also consider property trade or exchange as part of the down payment. Royalty structures and joint venture arrangements will be considered for qualified buyers.

Key Property Facts:
123 acres | Patented lode claims | San Bernardino County
APN: 0592-131-11 | Joshua Tree District
Existing mine shafts and infrastructure on site
Comprehensive geological report package available under NDA
Spectacular Joshua Tree National Park views
No current income; priced as land and mineral rights
About the Property
Type
Vacant Commerical Land
Building Status
Established
Facilities & Assets
123-acre patented lode gold and silver mining property comprising multiple patented lode claims in the Old Dale Mining District, San Bernardino County, California. Property includes existing mine shafts with documented workings to 1,250-foot depth, surface adits, historical mine structures and foundations, and access roads. The Supply-Nightingale Vein is traceable over 6,000 feet along strike. At least nine parallel mineral veins identified on property. Comprehensive geological report package including drilling results, vein mapping, longitudinal sections, and surface maps available to qualified buyers under NDA. Temperatures exceed 105°F at depth suggesting geothermal energy potential. Spectacular unobstructed views of Joshua Tree National Park. No current operations or income.
Location Description
Located in the Old Dale Mining District, San Bernardino County, California, approximately 20 miles southeast of 29 Palms. Adjacent to Joshua Tree National Park with spectacular panoramic views. Accessible via Gold Crown Road. Remote desert location within the Transverse Ranges; one of the most mineralized regions in the continental United States.
Current and Prior Use
Currently non-operational raw mining land. Historically operated as the Supply and Nightingale Mines from the 1890s through 1942 collectively the largest gold producer in the Dale Mining District. Closed under War Measures Act Order L-208 in 1942 while still in ore. Property has remained intact and untouched since closure. Suitable for mining, geothermal energy, hospitality development, glamping, or event venue use subject to San Bernardino County approvals.
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Current Property Expenses
Property taxes only. No operational expenses. No employees. No utilities. No active equipment. Raw land with existing mine infrastructure. Contact broker for current annual tax obligation.
Listing Info
ID:
2505513
Listing Views:

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Property Listed by: REBECCA CHATHAM RLC Business Brokers

Listing ID: 2505513 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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