Editor’s note: This proposed mine has generated much local attention but also has been the subject of an article in the New York Times, as previously reported. San Juan Mining Corp. also is a delinquent taxpayer as of 9-9-15, according to the County of Nevada County. Here’s the latest from the San Juan Ridge Taxpayers Association Autumn newsletter.
“Tim Callaway, CEO of the San Juan Mining Corporation (SJMC), has confirmed to SJRTA that he and Shasta Gold Corporation are considering selling the 1400 acre San Juan Ridge Mine (SJRM) property for an asking price of 8.6 million dollars,” according to the San Juan Ridge Taxpayers Association.
“SJMC is a wholly- owned subsidiary of Shasta Gold Corp., of which Mr. Callaway is the President. Although Mr. Callaway is looking into selling the property, he has indicated that he may instead go forward with the application process to re-open the mine.
“While SJRTA has facilitated meetings to discuss alternative uses for the mine property, since learning that the property may be for sale we have accelerated our efforts in this direction. In October, we contracted with Bisnett Design Associates (BDA) to develop a feasibility study that will help determine the value of the property, viable alternative uses, and how purchase of the property might take place.
“Founded by principal Brian Bisnett in 1984, BDA specializes in land use planning and architecture, mapping and site analysis, with a dedication to conservation, stewardship and sustainable development.
“These are some of the issues that we foresee must be addressed:
“a) Money–the property will cost a huge sum of money even if we are able to negotiate a more reasonable price. It would take multiple large grants, donations, or investors to make it happen and likely it will take all three of these.
“b) Mine legacy contamination–there is certainly mercury contamination on the property. If SJRTA or another entity purchases the land they then become responsible for that legacy contamination. Assessment and remediation must be a part of any purchase of this historic hydraulic diggings.
“c) Alternative use–an alternative use for this land must be determined. The SJRTA has held two community workshops to develop ideas for such uses. Far and away the most popular one that was suggested by the community was recreational. It is probable that any alternative use for the land would include a conservation easement and a significant zone set aside for recreation.”
The rest of the newsletter is here.