The Mayflower Mine consists of approximately 250 acres of mineral rights located in the heart of the San Juan county gold-producing region, about 3 miles from Silverton. Access to the mine is by a good gravel road.
The Mayflower Mine had a historic production of approximately 520,000 ounces of gold and 12.3 million ounces of silver from 1929-1953. The value of precious metals produced during that period would be the equivalent of US $581 million at current metals prices. In the late 1980s, Echo Bay Mines conducted limited exploration of the property which identified the continuation of historic ore grades below the main haulage way. The financial difficulties of Echo Bay Mines precluded placing the property into planned large-scale underground mining operation.
Highlights
Historic production of 520,000 ounces of gold, 12.3 million ounces of silver and significant base metal production 1929-1953.
Value of precious metals produced equals US $581 million at today's prices.