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STEIFER GOLD MINE: November 2008

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In the early 1900's when the price of gold was $20.67 per ounce, operations were begun and nuggets began appearing. As the Magalia miners worked their way north, they hit coarser and richer gold. Gold nuggets weighing from 5 to 25 ounces were common finds. During the early part of the 1900's, the Magalia Gold Mining Company made several offers to Mr. Steifer of $2,650,000 to $3,180,000 for the Steifer Gold Mine. However, Mr. Steifer stood firm, rejecting these offers for his property. Submitted to: Eno M...

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STEIFER GOLD MINE: STEIFER MINE HISTORY

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In the early 1900's when the price of gold was $20.67 per ounce, operations were begun and nuggets began appearing. As the Magalia miners worked their way north, they hit coarser and richer gold. Gold nuggets weighing from 5 to 25 ounces were common finds. During the early part of the 1900's, the Magalia Gold Mining Company made several offers to Mr. Steifer of $2,650,000 to $3,180,000 for the Steifer Gold Mine. However, Mr. Steifer stood firm, rejecting these offers for his property. We are inviting min...

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STEIFER GOLD MINE: STEIFER MINE FEATURES/BENEFITS

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8226; Accessible paved roads. 8226; PG&E electricity on site. 8226; Mild climate for access year around. 8226; Mine operation would boost local economy. 8226; Gold nuggets weighing up to 25 ounces found at Steifer Mine. 8226; Located on one of the richest tributary channels in California. 8226; Mamouth Channel contains rich deposits of Placer Gold. 8226; Magalia Nugget was the largest true nugget of native gold found in 1859 in Magalia California, weighing 54 pounds troy. ABOUT STEIFER GOLD MINE. The Ste...

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STEIFER GOLD MINE: STUDIES & REPORTS

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Over the years, there have been several reports and studies performed on the Steifer Gold Mine Property. 1Steifer Property Preliminary Reconnaissance Report. Submitted to: Eno Mining Corporation, Reno, NV August 10, 1984. Prepared by: Placer Management Group. 2 An Outline of a Report. On Examination, Evaluation and Recommendations. For Steifer Mining Property. By: Yung Sam Kim, Ph.D., Reno, NV, February, 1984. ABOUT STEIFER GOLD MINE. The Steifer Mine is located in Magalia, California, 10 miles northeast...

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STEIFER GOLD MINE: CLAIMS AND CHANNELS

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8226; 80 acres of patented claims, including both mineral and surface rights. 8226; 360 acres of claims including only mineral rights. 8226; Upper Channel is 100'-200' below surface. 8226; Middle (Magalia) Channel is 400'-600' below surface (richer). 8226; Lower (Mammouth) Channel is 1300' below surface with riches deposits. ABOUT STEIFER GOLD MINE. The Steifer Mine is located in Magalia, California, 10 miles northeast of Paradise in beautiful Butte County, Northern California. It is 90 miles north o...

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STEIFER GOLD MINE: ENGINEERING OBSERVATIONS

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There are three placers known to exist on the (Steifer) property and the potential for the discovery of significant gold values is excellent.". Historically, adjacent properties produced substantial quantities of placer gold and were mined up to the boundary of the Steifer property.". Glenn Blachford, VP Enginering. Bullion River Gold Corp. ABOUT STEIFER GOLD MINE. We are inviting mining firms to do exploratory drilling, sampling, geological mapping and development of the Steifer gold prostpect. Our ...