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0 Near Pisgah Crater Road
Newberry Springs CA 92365 US

$3,200,000

Active MLS #493774
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Lot: 160 squareFoot
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Other

$3,200,000

Active MLS #493774
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0 Near Pisgah Crater Road *** Magnificent mining opportunity in Newberry Springs CA. This 160 acre parcel is located right next to RHEOX Inc where they are mining Hectorite Clay. The RHEOX, Hector Mine, 32 miles east of Barstow, California, siding along the Santa Fe Railroad that parallels Interstate Highway 40, is a world-class source of hectorite, a thixotropic magnesium lithium silicate clay that formed when lithium and fluorine were introduced into fine lacustrine volcanic sediments through hot springs activity. Hectorite is used in cosmetics, household cleaners, plastics, rubber, paints, paint strippers, coatings, greases, adhesives, paper, and inks. This deposit has been supplying the highest grade thixotropic clay to the coatings industry continuously for over 50 years and contains reserves to support mining well into the next century. See MINERAL LAND CLASSIFICATION FOR THE BARSTOW-NEWBERRY SPRINGS AREA attached to this listing pages 46 to 48. This lucrative clay makes this parcel a must see opportunity worthy of serious consideration. ***

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Property Features

  • Facts
  • Lot Size: 160.00 acre
  • Property Type: Lots And Land
  • Property Sub-type: Other
  • Features
  • Roof Type: Unknown
  • Heating Systems: Other
Listing Changed: 10/10/2018 6:54:58 AM GMT
Source Updated Date: 10/18/2018 3:15:47 AM GMT

Courtesy of: Jeff Nyal, CENTURY 21 Fairway Realty

Listing Source - ListHub

Copyright © 2018 CENTURY 21. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.