RUBY GOLD

• The Ruby Mine is renowned for the large nuggets it has produced. In the late 1930's into the 1940's, the Ruby produced almost 1,000 ounces of nuggets 3 oz and larger out of somewhat over 50,000 oz of placer gold mined. These nuggets are on display at the Los Angeles Museum of Natural History and constitute what is probably the finest collection of large gold placer nuggets in the world... • The Ruby Mine is situated in Sierra County, California, between Alleghany and Downieville in the northern segment of California's Mother Lode Gold Belt. The mine facilities are at an elevation between 4,700 feet and 5,300 feet above sea level... • The Ruby Mine offers an exceptional opportunity and outstanding value. Geological studies conclude that up to 4 miles of gold-bearing Tertiary Channels remain unmined within the Ruby. Channels like these can run over 100,000 ounces to the mile, so the 150,000 ounce placer gold resource potential estimates are conservative. 11,000 ounces of 43-101..

Also known as: Ruby Gold, Inc., Ruby Mine