Years ago the mining public knew the answer.  Today most United States gold production originates from low-grade open pit ore deposits (± .04 oz. per ton).  The company’s mineral deposit represents a premier high-grade gold mine.  The following table illustrates twenty years of production, whereby high-grade ore exceeded one ounce per ton.

 

High-Grage Production
by
Original Sisxteen to One Mine, Inc.

 

YEAR

POUNDS OF
PRODUCTION
OUNCES
PRODUCED
NET
RETURNS
*
NET RETURNS
@ $385.00/OZ.
% OF TOTAL
PRODUCTION
193012,56912,066.92$249,423.23$4,645,764.2061.67%
193116,10113,946.68$288,277.82$5,369,471.8057.15%
193211,78314,794.78$305,808.18$5,695,990.3073.96%
19339,05013,203.44$272,915.11$5,083,324.4074.90%
193410,22211,472.82$401,548.82$4,417,035.7070.71%
19357,38610,116.00$354,059.85$3,913,910.0074.29%
19366,51410,426.71$364,934.85$4,014,283.3571.32%
19376,2937,740.92$270,932.14$2,980,254.2068.17%
19388,3528,222.55$287,789.16$3,165,681.7565.14%
19396,4856,525.02$228,375.73$2,512,132.7057.85%
19405,6338,438.55$295,349.30$3,248,841.7563.66%
19416,3697,533.54$263,674.04$2,900,412.9055.21%
19423,6355,514.00$192,990.02 $2,122,890.0056.75%
19431,5942,534.72$88,715.05$975,867.2073.06%
19441,0221,799.00$62,965.06$692,615.0068.55%
19451,3001,623.17$56,811.05$624,920.4549.14%
19463,4867,013.41$245,469.21$2,700,162.8585.28%
1947**6,849.00$239,715.13$2,636,865.0094.40%
1948**5,816.03$203,561.01$2,239,171.5595.51%
19492,2023,357.25$117,503.72$1,292,841.2536.56%
19503,0706,517.28$228,104.65$2,509,152.8053.19%

TOTALS123,066165,511.79$5,018,923.79$63,741,289.15 
  
*Per Ounce Price From 1930 – 1933 was $ 20.67 and
Per Ounce Price From 1934 – 1950 was $ 35.00
**Total Returns of High-Grade & Mill Ore