Placer Mining Corp owns thousands of acres of mining claims within the western United States. These areas have been identified by our geologists as having significant precious metal values. Our team has staked or purchased over 20 square miles of placer mining claims in Arizona alone. We have retained a geologist that has recently evaluated several of these areas for commercial gold mining applications. Placer Mining Corp purchased the historical Gold Nugget Mine in the Plomosa Mining District just outside of Quartzsite Arizona in march of 2007, and have been approved by the Bureau of Land Management to start a small bulk sampling program. Geology reports infer billions of dollars of gold production and a mine life of over 50 years. Placer Mining Corp also controls another 10 square miles of mining claims in Quartzsite Arizona, and just signed a Joint Venture Agreement with a Company to develop the Plomosa 7 Project.
