Loan amount
$50,000,000
Loan type
As-Is Property Value
$500,000,000
LTV
10%
{LTV}
Property type
NEVADA GOLD MINE AND PRECIOUS METALS MINE
Borrower Details
Credit score
700
Deal experience
20 deals
This loan scenario was submitted by a Broker
Property Details
State
Nevada
Loan Details
Additional Loan Information
I am working directly with the principal on some real estate projects and he asked me if I could help him look for financing for some gold mines he has.
My client owns the Yankee Meadows Mine in Lincoln County, Nevada. We have a 43-101 completed in April, 2020 , which is the valuation documentation used in these types of properties. Value estimated at $309BIL. In addition to Gold, the mine contains:
Silver
Palladium
Platinum
Rhodium
Indium
We have a current Assay & Geological report as well.
Property is free & clear of any liens
Should you be interested please contact me at your earliest convenience.
My client owns the Yankee Meadows Mine in Lincoln County, Nevada. We have a 43-101 completed in April, 2020 , which is the valuation documentation used in these types of properties. Value estimated at $309BIL. In addition to Gold, the mine contains:
Silver
Palladium
Platinum
Rhodium
Indium
We have a current Assay & Geological report as well.
Property is free & clear of any liens
Should you be interested please contact me at your earliest convenience.
Status
Open
Created
November 9, 2020 - 8:30pm
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