Real Estate Listing: Exclusive 9.05 acre Mineral Survey known as the Fog Lode, Black Hills, South Dakota
Price: $5,400,000 or 56.8 Bitcoin
Location: Richmond Hill, South Dakota
Property Details:
- Size: 9.1 acres
- Type: Mineral Survey – Fog Lode
- Legal Description: M.S. 1377 Fog Lode, Parcel #26580-01377-000-00
- Located top of Chism Gulch, Rubicon Gulch next to Richmond Hill – Near Terry Peak Ski Resort – Wharf Gold Mine Locate: Google Maps
- Zoning: Suitable for mineral exploration and potential residential use with appropriate permits.
Property Highlights:
Gold Potential: Located in the heart of the historic Homestake District, this property neighbors the operations of Dakota Gold Corp., which has recently outlined significant gold resources. With discoveries valued at over $10 billion, this land holds immense potential for further gold exploration or as an investment in a burgeoning gold-rich area.
10 Billion Dollar Gold Discovery makes Local/National news:
Current Value Estimates: Fog Lode having been previously incorporated into the existing Richmond Hill Mine Project and being perfectly located at the top of Chism Gulch’s now known High Grade Ore, Fog Lode could contain in excess of over 767 million dollars of gold.
Quick overview of claimed High Grade Ore from Dakota Gold’s public recent core drilling announcement.
Historical Significance: The Fog Lode property is steeped in history, having been part of the legendary gold rush era and patented by Teddy Roosevelt. It offers not just a piece of land but a slice of American mining heritage.
Development Opportunities:
Residential: Ideal for those looking to build a private retreat or a luxury home, with breathtaking views and abundant natural beauty. The property’s location allows for potential residential development already zoned for one residence.
Mining: With the current gold boom in the vicinity, this parcel is perfectly positioned for further mineral exploration. The area has seen successful gold extraction historically, suggesting untapped potential beneath the surface.
Recreational Use: Enjoy the natural surroundings with activities like hiking, camping, and wildlife observation. The Black Hills region is known for its scenic beauty, making this an excellent spot for outdoor enthusiasts.
Nearby Attractions:
- Close to the Black Hills National Forest, providing access to numerous outdoor activities.
- Proximity to Mount Rushmore and other cultural landmarks.
- Near established mining operations, including the Richmond Hill Gold Project by Dakota Gold Corp. and Wharf Resourses
Investment Considerations:
- Market Value: With the neighboring Dakota Gold Corp. significantly expanding its gold reserves, the value of this land could appreciate as more gold is discovered and extracted in the region as gold values also appreciate.
- Future Prospects: The gold market remains strong, and holding mineral rights in this area could yield substantial returns through either sale or active mining.
Side Notes: Potential for Gold Revaluation being discussed:
Contact Information: For inquiries or to schedule a viewing, please contact Scott Prentice (Owner) at 605-580-5496 (Text First) all unknown calls are treated as spam. Act quickly to secure this unique investment in one of America’s richest gold districts.
Note: All development must comply with local and federal regulations. Prospective buyers should conduct their own due diligence regarding mining rights and potential uses.
Disclaimer: The valuation of gold discoveries by Dakota Gold Corp. is based on public information and market analysis; actual values may vary. Buyers should perform their own assessments.
Additional Information:
Main Fog Lode Information Page