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The mineral resource quarried at this mine is high quality silica sand that is suitable for use in the glass and other industries as well as lower grades for use as construction materials. The property consists of two adjoining areas. The first area is owned by the company and contains approximately 670 acres. Eight acres in this area are currently permitted with mining., wastewater, and reclamation plans in place with the county. The estimated sand reserves in this area are 56M tons. The second area is leased until 12/31/2032 and contains approximately 1,300 acres. The lease rate is $.50 per ton of silica sand with escalations, 2.5% of sales price of other aggregates and 50% of net for all heavy minerals. This area is adjacent to a Union Pacific rail line and there is sufficient space for a rail spur. Company has a right of first refusal to buy this area and the estimated sand reserves on this area are 34M tons. 

OFFERED at $21,500,000.

Email us at Bill@VentureRealEstatePartners.com

The above information was derived from sources we deem to be reliable, but are in no way guaranteed for accuracy by Venture Real Estate Partners. Interested parties must do their own due diligence studies, consult with third party experts, and their Attorney prior to entering into a legal binding agreement to purchase subject property.