Land for Sale - Dillon, MT 59725 - 89.25 acres

Cowan Bar: Legendary Montana Gold 2.85 Million Untouched Yards

Dillon, MT | Lat/Lng:  45.2171, -112.6344

$10,000,000
89.25 ac.
04/28/2025
ACTIVE
Main Listing ImageMain Listing Image

Description

Exclusive Investment Opportunity: Cowan Bar Placer Gold Property Location: Bannack Mining District, Dillon, Montana Overview: The Cowan Bar property presents an exceptional, undeveloped patented placer gold resource located in the historic Bannack Mining District, one of Montanas most significant gold-producing areas. This strategically located land offers an estimated 2.85 million cubic yards of gold-bearing gravels and cemented conglomerate, with substantial potential for high-value mineral extraction. Key Geologic Features: Gold Purity: Ranges from 1-9s to 3-9s fine, with a notable silver presence (approximately 1 part silver to 4 parts gold). Geological Composition: 10-15 feet of low-grade sand and sediment 10-15 feet of river rock sediment 3-10+ feet of high-grade cemented conglomerate Creek plain material (untested) Resource Assessment: Geological surveys and past sampling have indicated a high concentration of gold within the target gravels, and early evaluations estimate the propertys value could range from $300 million to $1.3 billion based on current gold prices of $3,000 per ounce. Historic Activity and Development Potential: The property has undergone minimal disturbance, with only small-scale placer mining and surface testing conducted, primarily in the upper gravels. The deeper hardpan remains untapped and presents the largest potential for high-value gold extraction. The 1995 feasibility study from a major mining company proposed a 5,000-yard/day placer mining operation with a 12-year mine life, underscoring the significant commercial potential of this property. Geological testing and historic reports indicate that much of the resource remains unexploited, creating an opportunity for modern placer mining technology to efficiently extract gold from untouched layers. Property Highlights: Strategically Located in a historically rich gold district Minimal Environmental Impact to date ideal for future development Potential for Immediate Development using modern extraction methods Strong Financial Upside: With current gold prices and the untapped resource base, Cowan Bar offers a highly attractive investment opportunity for placer mining operations and long-term resource development. Next Steps: Interested parties are invited to review the full geological reports, historical mining data, and reserve calculations upon request. This property is offered as a prime opportunity for both individual investors and mining companies looking to expand their portfolio in the Bannack Mining District. For more information, including a complete package of documentation, please email today.

Details

CountyBeaverhead
Zipcode59725
Property Type OneUndeveloped Land
BrokerageLand.com
Brokerage Linkhttps://land.com
Agent: Cowan LLC
Email Land Listing Agent
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