82.59 Acres in Glide, OR - $790,000

Private Permitted Silica Mine Located In The Umpqua Forest

Located in the beautiful Umpqua Forest is the Quartz Mountain Mine. With reserve estimates as high as over 100 million tons of 98+% pure silica, this mine has excellent long-term potential. In addition, there is a ton of gravel and landscape boulders that could be utilized. A current mining permit from the Oregon Department of Geology and Mineral Industries is in place, and the sale includes water rights on Quartz Creek and the South Umpqua River. This mine was valued at 4+ million dollars many years ago before the 82+ acres of it were patented and when the price of silica was half of what it is worth now. The seller has decided to price it well below market value, creating an excellent investment opportunity. There has been a shortage of silica in the world marketplace, and the demand and prices continue to rise.