Rosetta Iron Mine
42 Million+ Tons of Ore...Looking to be Mined!
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Looking for a company to buy, develop and mine our family-owned Iron Ore deposit.
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Designated by the Bureau of Mines as an important strategic World War II Iron Reserve.
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Extensive exploration was done by the Bureau of Mines in 1942 and Utah Construction and US Steel (BHP) in 1961, of which we have a great deal of the information, including core sample reports. Over $2.5 million was spent for exploring deposits. We are told that it is the largest privately-owned iron deposit West of the Mississippi.
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This data states that there are 27,500,000 proven tons of iron, and a minimum of 14,000,000 + indicated or possible.
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1,500,000 tons are high-grade lump ore, most near the surface which would not require beneficiation and 40,500,000 tons medium grade (49-65%)
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Numerous statements in all the documents suggested a much larger ore deposit indicated than they could confirm in the 1940's - 1960's. Statements have indicated the possibility of other minerals that they did not test for at the time.
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Excerpt from a U.S. Geological Survey Report regarding the surface ore: Most of the surface ore is of high grade...the deposits are of sufficient size to be commercially important...with a depth of 50 feet the deposit on the hill at the south end of the area would probably yield approximately 1,500,000 tons of ore. The deposits are on low ground and can easily be approached.
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Spitting distance from Reno, Lake Tahoe, Carson City, the Tesla Plant and the Panasonic Manufacturing Plant.
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Located in Dayton, Nevada, over the mountain from the infamous historic mining town of Virginia City (a Boomtown, famous for the 1859 discovery of the Comstock Load, the first major Silver Deposit Discovery in the United States).
Highlights
The Timing is Perfect...
Ready to continue making history in the world renowned mining state of Nevada?
Ready to help the environment by producing Iron for Electric Car Batteries?
Ready to mine Iron for steel for important U.S. Infrastructure projects like roads & bridges?
Ready to create jobs?
Give us a call! We are family owned and excited about the possibilities!