“Strike Gold in Bannack’s Final Frontier”
Own a rare piece of history. This is the last unmined placer gold property in Montana’s historic Bannack district—rich with potential, ready for development, and open for investors or buyers.

Cowan Bar Placer – Gold-Rich Patented Mining Property for Sale

Presenting a rare opportunity to acquire a proven, gold-bearing mining property in the heart of Montana’s historic Grasshopper Creek district, just downstream from Bannack—the site of the state's first major gold discovery.

The Cowan Bar Placer is an 89.25-acre patented property with secure water rights, ideal terrain, and confirmed commercial gold concentrations. Decades of historical context and modern assay testing have established its high-yield potential, making it an ideal acquisition for a mining company, private buyer, or resource-focused developer.

Property Overview

• Location: 15 miles southwest of Dillon, MT

• Topography: Level to gently sloping, minimal vegetation, no large boulders or forest cover

• Surface: Divided into 6 parcels, with creek access throughout

• Water Rights: Sufficient for full-scale mining operation

Assay Results & Estimated Gold Values (at $3,000/oz)

• Upper Gravels – 400,000 yd³ | $8.6M–$20.6M

• Cemented Conglomerate (Center Bar) – 250,000 yd³ | $60M–$210M

• Wet Conglomerate (Water Table Zone) – 1,250,000 yd³ | $75M–$375M

• Creek Plain Materials – 950,000 yd³ | $12.9M–$38.6M

Certified assay reports confirm gold concentrations up to 4.61 oz/ton, along with significant levels of silver, platinum, and palladium. Bulk testing and X-ray diffraction analysis further support the site’s strong economic potential.

Key Features

• Proven reserves: Over 2.85 million cubic yards of auriferous material

• Documented historical production with untapped potential due to early access limitations

• Comprehensive testing conducted between 1991–2011, including metallurgical evaluation and pilot-scale processing

• Ideal mining setup: Minimal overburden, water access, and road connectivity

• No permit encumbrances related to past use

Offering Details

This is a direct sale of the Cowan Bar Placer property, including all patented claims, water rights, and documented assay data. No joint ventures, partnerships, or lease arrangements are being considered at this time.

Qualified buyers will receive full access to historical records, lab results, site maps, and pro forma documentation upon request.