Mining company to purchase mine worth $360 million in NV

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Updated: 4/22/2013 3:07 pm
DOUGLAS COUNTY, Nev. (KRNV & -- Gold Mining USA Inc. out of Florida announced they have secured an option to purchase the 160 Acre Gypsy Mine in Douglas County Nevada.

The Gypsy Mine is a rare 160 acre gold and silver mining claim. The geological report for the mine states the property will yield 15-16 grams per ton for years and that maybe 5 percent of the potential gold reserve has been extracted, and 95 percent remains undisturbed.

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