Search Land - Zortman Landusky Gold Resource Property

Zortman Landusky Gold Resource Property

price

$52,500,000|Listed: Apr 28, 2025

MLS#1260503

location

TBD Haul Road, Zortman, Phillips County, Montana

Status:Active

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Property Type

  • Ranch
  • Recreational Land
  • Commercial Acreage
  • Hunting Land

Acreage

1,062 acres

County

Phillips, Montana

Format

Sale

Description

Zortman Landusky Gold Resource Property comprises 1,062± acres of private deeded land in the Little Rocky Mountains just outside the small community of Zortman, Montana. Through the work of Ruby Gulch Mining Company in the early 1900s, then the Gold Reserve Mining Company in the mid-1900s, and finally Pegasus Gold towards the end of the century, the property was consolidated from previous land and mineral owners. All the mineral rights for the vast majority of the minerals were placed under the ownership of the seller who acquired this property in 2001. Although significant amounts of gold and silver were mined during the tenure of previous mining companies, lead geologists estimate that only 20% of the gold and silver were harvested, leaving plenty of reserves for investors or operators. Pegasus Gold undertook significant exploration, and all Pegasus mining records were transferred with the acquisition of the property. This includes geological reports, drill logs, historical records, mine expansion plans, and other documents involving mining potential. These are available upon request and are crucial to understanding the mine’s potential. Zortman Landusky Gold Resource Property not only offers a huge opportunity for operators and investors but is also a unique recreational property. The property is characterized by planted reclaimed pit mining sites, rocky cliff bands, timbered ridges, and clearcuts.  The reclaimed gold mine cliff bands and planted terraces have created a special bighorn sheep sanctuary and a trophy mule deer and elk habitat. For basic amenities, Zortman Mine is just a few minutes from the small towns of Zortman, Montana, and Landusky, Montana.

Listing Agent

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Fay Ranches Broker

Co-Op Member Owner

company

Fay Ranches Inc

location

Bozeman, Montana

Co-op approved lenders in Phillips County, Montana:
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