A Gold Mining Company At-A-Glance

GS Mining Company, LLC (the "Company") holds options to develop and purchase two gold mines and a mill in the adjoining towns of Central City and Black Hawk, Colorado,.  These are the Bates Hunter Mine ("Bates"), the Clay County Mine ("Clay") and the Gilpin Mill (the "Mill").  

In 1859 gold was discovered in Colorado and  thousands of people streamed into Central City as the Colorado Gold Rush took hold.  By 1860 the hills and gulches of Central City and Black Hawk were covered with mines; and Central City became known as the Richest Square Mile on Earth.  As far as the Bates was concerned, it was one of the richest. One hundred and ninety workers were employed. By 1900 about 154,000 ounces of gold were removed.  Then – it all stopped.  And it remained stopped – frozen in time - until, on September 30, 2018, a Company contractor ended a one hundred year pause and fired up his drill.  In April 2019 Colorado mining history was made when a button of gold was produced from ore recovered from the Bates.   Central City is once again a gold town.

We are passionate about the potential of the Bates, Clay and Gilpin.  Based on geologic studies and historical research, we believe that the old timers left far more gold behind than they ever took out - and we intend to get it.  The task ahead is unique and challenging, but we have a set of values that guide us daily.  We are committed to safety,  the well-being of the area in which we operate,  the environmental impact of our activities, and the success of the investors who put their trust in our vision.  

 

SUSTAINABLE MINING

One of the most significant challenges facing mining companies is integrating successful economic development while preserving environmental integrity.  Meeting that challenge is known as sustainable mining. The GS Mining Company is committed to the ethical development of its resources and the wellness of its surroundings.  It does this in the following ways:

Water

GS Mining Company LLC - Treatment plant basics

The Bates mine shaft has almost seven hundred feet of water in it, continually accumulating from snow runoff, storm water, and underground sources. In order to keep the mine dry, it is served by a pumping system that removes three hundred gallons of water per minute and discharges that water into a nearby stream.

Before reaching the stream, the water passes through our own water treatment plant.  That plant removes metals and pollutants before discharging water which meets all federal and state standards.  Testing is done on a daily basis.  As a result, the water that we end up pumping  is of such a high quality, that we actually improve the creek.

 

A Gold Mining Company At-A-Glance

GS Mining Company, LLC (the "Company") holds options to develop and purchase two gold mines and a mill in the adjoining towns of Central City and Black Hawk, Colorado,.  These are the Bates Hunter Mine ("Bates"), the Clay County Mine ("Clay") and the Gilpin Mill (the "Mill").  

In 1859 gold was discovered in Colorado and  thousands of people streamed into Central City as the Colorado Gold Rush took hold.  By 1860 the hills and gulches of Central City and Black Hawk were covered with mines; and Central City became known as the Richest Square Mile on Earth.  As far as the Bates was concerned, it was one of the richest. One hundred and ninety workers were employed. By 1900 about 154,000 ounces of gold were removed.  Then – it all stopped.  And it remained stopped – frozen in time - until, on September 30, 2018, a Company contractor ended a one hundred year pause and fired up his drill.  In April 2019 Colorado mining history was made when a button of gold was produced from ore recovered from the Bates.   Central City is once again a gold town.

We are passionate about the potential of the Bates, Clay and Gilpin.  Based on geologic studies and historical research, we believe that the old timers left far more gold behind than they ever took out - and we intend to get it.  The task ahead is unique and challenging, but we have a set of values that guide us daily.  We are committed to safety,  the well-being of the area in which we operate,  the environmental impact of our activities, and the success of the investors who put their trust in our vision.  

 

SUSTAINABLE MINING

One of the most significant challenges facing mining companies is integrating successful economic development while preserving environmental integrity.  Meeting that challenge is known as sustainable mining. The GS Mining Company is committed to the ethical development of its resources and the wellness of its surroundings.  It does this in the following ways:

Water

The Bates mine shaft has almost seven hundred feet of water in it, continually accumulating from snow runoff, storm water, and underground sources. In order to keep the mine dry, it is served by a pumping system that removes three hundred gallons of water per minute and discharges that water into a nearby stream.

GS Mining Company LLC - Treatment plant basics

Before reaching the stream, the water passes through our own water treatment plant.  That plant removes metals and pollutants before discharging water which meets all federal and state standards.  Testing is done on a daily basis.  As a result, the water that we end up pumping  is of such a high quality, that we actually improve the creek.

Waste

Tons of rock will be removed from the mine on a daily basis and brought to our mill for processing.  The mill crushes the rock and separates the valuable minerals which are shipped to a refinery.  The separation is achieved by moving the crushed rock through various apparatus by means of water.  The system provides that the minerals we want stay on the top, where they are removed, and the rest sinks to the bottom as sludge.  That sludge is then dewatered and reprocessed to remove additional valuable minerals.  After all of that, what is left is waste.

In the mining business this waste is called tailings.  Historically these tailings were simply dumped on open land.  The tailings were acidic and when exposed to rain and snow that acidity seeped downward polluting the groundwater. 

GSMining Company LLC - Bates-Hunter Mine and Golden Gilpin Mill Materials and Waste Handling

GS Mining has a system in place to completely avoid any adverse environmental effects of tailings.  We return the tailings to the mine.  The historical drilling and exploration of the Bates Hunter, as well as our intended use, creates vast empty caverns with the capacity to safely hold our tailings for as long as the mine is in operation. This has the added benefits of improving surface stability.  It is a form of recycling, which is exactly what we do at the mill as well as we recycle the water that we use.

ETHICAL MINING

Our mining meets or exceeds all of the standards and requirements of such organizations as Alliance for Responsible Mining, Fairtrade Gold Certification and Fairmined Gold Certificate. We care about our workers and are maintaining systems to assure that their safety and well being are priorities. We care about the environment and are not only dedicated to minimizing mining’s effects, but also to improving the ecosystems in which we operate.

 

Waste

Tons of rock will be removed from the mine on a daily basis and brought to our mill for processing.  The mill crushes the rock and separates the valuable minerals which are shipped to a refinery.  The separation is achieved by moving the crushed rock through various apparatus by means of water.  The system provides that the minerals we want stay on the top, where they are removed, and the rest sinks to the bottom as sludge.  That sludge is then dewatered and reprocessed to remove additional valuable minerals.  After all of that, what is left is waste.

In the mining business this waste is called tailings.  Historically these tailings were simply dumped on open land.  The tailings were acidic and when exposed to rain and snow that acidity seeped downward polluting the groundwater. 

GSMining Company LLC - Bates-Hunter Mine and Golden Gilpin Mill Materials and Waste Handling

GS Mining has a system in place to completely avoid any adverse environmental effects of tailings.  We return the tailings to the mine.  The historical drilling and exploration of the Bates Hunter, as well as our intended use, creates vast empty caverns with the capacity to safely hold our tailings for as long as the mine is in operation. This has the added benefits of improving surface stability.  It is a form of recycling, which is exactly what we do at the mill as well as we recycle the water that we use.

ETHICAL MINING

Our mining meets or exceeds all of the standards and requirements of such organizations as Alliance for Responsible Mining, Fairtrade Gold Certification and Fairmined Gold Certificate. We care about our workers and are maintaining systems to assure that their safety and well being are priorities. We care about the environment and are not only dedicated to minimizing mining’s effects, but also to improving the ecosystems in which we operate.