Project
THE TELEGRAPH MINE
Telegraph Mine Project • High-grade US gold & silver • Vested mining rights
A high-grade, restart-ready gold & silver mine with near-term cash flow and long-term upside
Mojave Gold is advancing the Telegraph Mine Project: a past-producing epithermal gold-silver system on patented private land, positioned for a phased, capital-disciplined restart.
Capital raise: $1.1M
Target pre-money valuation: $17.2M (6.4% implied)
Phase 2 base case NPV10: $50.9M
Base case uses $4,000 Au and ~0.21 oz/ton average grade
Permitting tailwind
Vested rights posture materially reduces permitting scope
Our approach: Prove economics in gated phases—convert geological uncertainty into operating certainty before deploying scale capital.
Why Telegraph, why now
Telegraph combines high historical grades, strong infrastructure access, and a restart path designed to minimize upfront capital and permitting risk.
Project highlights
- Past-producing, high-grade gold & silver system; mining ceased for economic—not geological—reasons
- Patented claims under long-term mineral lease (full operational control)
- Shallow mineralization exposed on surface for 2,000+ feet; open at depth
- ~200 yards from I-15 via historic access road; ~1 hour from Las Vegas
- High desert climate enables year-round operations
Historic production & grade
Historical underground production reported average ~0.93 oz/ton Au (29 g/t) across 2,749 tons processed. 1980s open pit grades reported ~0.21 oz/ton Au (6.5 g/t).
Explore historic mining →
What this history tells us
- High-grade system: production-grade material was mined and processed at Telegraph.
- Scale constrained by the era: historic cutoffs and economics limited how much was mined—not the mineral system.
Phased development
Phase 0 pilot mining → Phase 1 confirmatory drilling + NI 43-101 resource → Phase 2 shallow open pit.
View phases & timeline →