PineCreek Mining
Pine Creek Mining Inc is involved in setting up and operating Gold Mines across Arizona and Nevada.
Involved in setting up and operating Goldmines
The company is currently managed by Suchit Patel, who is in-charge of managing the overall affairs of Pine Creek Mining as well as Gold Basin Mine. He comes with a rich background and experience, as he previously worked for the Parent company Pushpak Bullions Pvt. Ltd, based in Mumbai, India, and has tremendous experience and understanding of how the global Bullion Markets function.
He is also the point-person with Forest Services as well as other vendors for completing the permitting process and managing the day-to-day affairs of the company.
Gold Basin Mine
The Gold Basin Mine is a Placer mine, located within the Hassayampa Mining District, Yavapai County, Arizona. The property is located approximately 20 miles south-southwest of Prescott, Arizona.
The Mine is accessible from Prescott, by driving South-southwest on State Highway 89 for approximately 16.0 miles, to Forest Services Road 72, which is approximately 0.5 miles east of Wilhoit, Arizona.
The Gold Basin mine consists of Mining claims located on 226 Acres of Forest Services land, consisting of three main claims – Lost Nugget, Riverbend, and Red Hill. The esitimated reserves of Gold on the mine are over 700,000 Ounces as per 43-101 report, that is current and updated.
Current Status:
The trial operations at Lost Nugget Site have been carried out to determine the feasibility of operations at the mine, and subsequently, permitting has been applied for to shift the mining operations at Riverbend Site. The permitting process is currently in advanced stages and is expected to be complete over the next few months. Once the permits for the large-scale operations are achieved, the company plans to launch the mine into full scale production.