Latest Out Gold Mine MMC 232731 Unpatented Mining Claim in the Tobacco Root Mountains , Madison County MT.GPS 112.11475-45.44296 Township 004S Range 004W Section 32

The Bureau of Mines has estimated that demonstrated U.S. reserves of gold are 85 million ounces. Approximately one-half of the total resources are estimated to be by-product gold, while 40% of the remaining one-half (56 million ounces) could be mined for gold alone … Most U.S. gold resources are in the nation's western states. About 80% of the U.S. gold resources are estimated to be in Alaska, California, Idaho, Montana and Washington. Nearly 75% of all resources are estimated to occur in lode deposits
Just 15 miles Southeast of Sheridan is the Last Chance mine and the Sage Hen mine.
Road to the mine is not maintained by BLM this is public lands and a old mining road.
Summer you can get up there with 2wd but any water on the road will require 4wd. There is a new road being dozed up to the mine to the south.
2 gates to get to the mine and the second is kept locked and nobody to worry about. There is one other lode claim up in this section that i get along with very well.
I have worked this mine for the last few years to open it up after 100 years of sitting.Old head frame in front of the adit not pictured. With 2 Adits one blocked . 2 shafts in limestone one blocked. Main adit is around 360 feet long with a open incline shaft at 60 feet going down around 100 feet with 2 open stopes . One large one smaller in the picture with the Geolagest mark in orange on the vein.
In the late 30s and early 40s if you read the history it was open for a few year's as a health spa due to the mineral's
I am in around 60 feet to a incline shaft[100 feet ][ you can see the silver vein in the picture] with 2 stopes that assay out for great Au & AG with lots of copper ,zinc with Rare Earth Minerals. Diamonds and Sapphire have been found in the area with lodes of garnets. I have multiple assays and pictures with video of the veins. You can read on both these mines at western mining history or BLM or just by putting in the names online. This was a health spa in the late 30s for a few years before shutting down due to the war a metal prices.
My maps show the mine being 360 long and a pay vein at the end besides what you can see in the pictures. but i have not cleared the blockage yet. All past reports and today's assays show that it is worthy of excavating project.  I sell specimens on ebay from this mine at the sum of 35k .                .One hundred tonn run and it will pay for its self besides the specimens that could be sold. Most of the ore i sell on ebay is from this mine.I will be on the Sage Hen claim just to the east opening the adit that has been closed for a hundred year's if you need any help.

Latest Out Mine MRDS details

Site Name
Primary: Latest Out Mine

Commodity
Primary: Gold

Location
State: Montana
County: Madison
District: Sheridan (Horse Creek) District

Land Status
Land ownership: Private

Holdings

Workings
Type: Underground

Ownership
Owner Name: Robert King
Home Office: Wa
Years: 1956 –
Owner Name: H. D. Steiner
Years: 1950 –

Production

Deposit
Record Type: Site
Operation Category: Producer
Operation Type: Unknown
Discovery Year: 1925
Years of Production:
Organization:
Significant: N
Deposit Size: S

Physiography
General Physiographic Area: Rocky Mountain System
Physiographic Province: Northern Rocky Mountains
Physiographic Detail: Tobacco Root Mountains

Mineral Deposit Model

Orebody

Structure
Type: L
Description: Post Min. Faults, N85w-N65e, 65-70n

Alterations
Alteration Type: L
Alteration Text: At Least 3 Zones Of Alteration-Calcite, Sericite, Kaolinite

Rocks
Name: Diorite
Role: Associated
Age Type: Host Rock
Age Young: Neoarchean
Name: Diorite
Role: Associated
Age Type: Host Rock Unit
Age Young: Neoarchean
Name: Diorite
Role: Associated
Age Type: Associated Rock
Age Young: Pliocene

Analytical Data
Analytical Data: HIGH RADIOACTIVITY

Materials
Ore: Gold
Ore: Galena
Ore: Silver
Ore: Chalcopyrite

Comments

Comment Type:
Location
Comment: HEAD OF SAND COULEE CR. ; INFO FROM LAND.ST :(1978)

Comment Type:
Deposit
Comment: Discovery Year: EARLY 1900'S

Comment Type:
Workings
Comment: MAIN ADIT IS 350 FT LONG, WITH 2 CROSSCUTS, 50 AND 20 FT LONG. INCLINE SHAFT FOLLOWS VEIN FOR 63 FT S70W.

Comment Type:
Deposit
Comment: MIN RES US NOTED PRODUCTION IN 1926 AND 1929 ; INFO.SRC : 1 PUB LIT

Comment Type:
Development
Comment: MINE OPERATED INTERMITTENTLY 1920'S-1950. RADIOACTIVITY NOTED IN 1953 AND MINE OPENED AS HEALTH SPA FOR $3/PER PERSON.

Comment Type:
Deposit
Comment: COMPLEX VEINS AND GOUGE ALONG SHEAR ZONES.

References

Reference Category:Deposit

Reference: LEVANDOWSKI, D.W. 1956 PHD, U OF MICH

Reference Category:Deposit