LOCATION - The Copper Giant Mine is located in Section 36, Township 23 North, Range 13 West of the Gila and Salt River Base and Meridian in Mohave County, Arizona. The Mohave County Assessor has the subject property on record as parcel 314-13-001.The property is located in a remote area of the Cottonwood Mountains about nine miles east-southeast of Hackberry, AZ. Arizona Highway 66 provides the easiest access to the region.
MINE ACCESS - Currently, the main shaft of the Copper Giant appears to be hundreds of feet deep. The main shaft is fenced in and is surrounded by a large dump of waste rock that shows green copper oxide weathering. A caved in adit is north of the main shaft at about the 100 foot level of the mine, which is fenced in. A timbered adit that extends into the hill for hundreds of feet is north of the main shaft, at about the 350 foot level of the mine, which is also fenced in. The adit at the 350 foot level has ore car tracks and a chute assembly that can be viewed from the jeep trail.
ANALYSIS - The ore reserves and mine plans were complied by geologist J.D. Schlottmann in a report from 1998 titled “Preliminary report on the feasibility of operating the Copper Giant Mine, Mohave County, Arizona”. Willard D. Pye, a registered geologist in Arizona, prepared another analysis on October 5, 1972 titled “Copper Giant Mine – Mohave County, AZ”
Arizona State University Foundation directs immediate sale of:
The Copper Giant Mine located in Section 36, Township 23 North, Range 13 West of the Gila and Salt River Base and Meridian in Mohave County, Arizona. The mine is not currently producing, but it has produced in the past.
The seller or seller's agents make no representations as to whether there is legal access to the property and advise prospective purchasers to investigate and determine for themselves the legal means to access to the property.
If you would like to receive the Offering Memorandum for this property, please email your request and provide your name, company name, address and telephone number to: This email address is being protected from spambots. You need JavaScript enabled to view it.or give us a call at 312-852-8523 extension 101
SPECIAL DISCLAIMER FOR MINING PROPERTY: Although this property has been used for mining in the past, Seller, Seller’s Agent and Auctioneer has no knowledge regarding the value of this property for mining. Seller’s Agent and Auctioneer has not commissioned or obtained any studies of the property’s mineral resources. References in the offering materials to studies of mineral resources or reserves are made solely to inform Bidders to the existence of such reports, but are not representations regarding the actual presence or value of minerals on the property. Seller’s Agent and Auctioneer makes no representations about the suitability of the property for mining, or about the presence of any quantity of any valuable minerals.
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Inspections: By Appointment Only. Please note: Inspections begin promptly. Please give us a call at 312-852-8523 extension 101 in advance of the inspection to let us know you will be attending and enable us to send you more information.
Sealed Bid Auction: Bids are to be delivered either by email toinfo@fineandcompany.comor to the offices of:
Fine & Company LLC
747 Lake Cook Road, Suite 100W
Deerfield, IL 60015
Certified Funds To Bid : $20,000
Buyer's Premium (Buyer's Fee) : 10% of the high bid
A Bidder's Information Packet is required to bid. The packet includes: auction and property information, mineral studies, title report, maps, real estate tax bill, local information, auction purchase and sale agreement, and terms of sale.
Bidder's Information Packets are available in PDF format for $20.00. To order your Packet or call us at 312-852-8523 ext. 101 or email us at info@fineandcompany.com
Fine & Company LLC
Michael A.Fine, CCIM, CAI, AARE
Illinois, United States
312-852-8523
michael@fineandcompany.com
Broker Participation : Buyer's Agent participation is invited!
A 2% referral fee will be paid to th REALTOR®/Broker whose registered buyer closes on this property. Please refer to the Buyer Broker registration requirements in the Terms of Sale. Seller has provided a variable commission rate.
Licensing : Fine & Company LLC licensed Arizona Real Estate Broker LC677500000
Terms Of Sale : This auction is being conducted subject to the Terms of Sale and Purchase and Sales Agreement contained in the Bidder's Information Packet.
Disclaimer : The Seller, Broker, and Auctioneer and their agents assume no liability for inaccuracies, errors, or omissions in the auction marketing materials, including the Bidder's Information Packet. All square footage, dimensions, real estate taxes, and common area fees, if any, are approximate. All materials are subject to inspection and verification by all parties relying on them. This offering is subject to prior sale and may be withdrawn, modified, or cancelled without notice at any time. This is not a solicitation or offering to residents of any state where this offering is prohibited by law.
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