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Pitt Meadows Undersurface Land Mining Property

$435,000

For Sale: in

Updated Jan 20, 2022
Pitt Meadows Undersurface Land Mining Property

Listing Details

Subtype: Commercial

Sale type: For investors

Lot Size: 80 Acres

Permitted uses:

  • Commercial

Description

Very rare and unique investment opportunity located in Pitt Meadows. • We have owned these property rights since the 1920s and its time to sell. • These are Crown Granted, freehold UNDERSURFACE rights. • You will receive the titled ownership of 80 acres of undersurface rights which include all mines and minerals including natural gas, oil, sand and gravel, peat and other commodities. • These properties are located above the Georgia Gas Basin which has been surveyed by the Geological Survey Branch of Canada as having 6.5Tcf of available natural gas. • The BC Oil and Gas Commission has confirmed our right to drill and explore the basin. • You have the legal use of the surface for mining and exploration purposes without any restrictions or interruption. • You can set up camp with or without vehicles while you explore and mine the property. • You can start mining and exploring today if you want to use hand tools, or, apply for a Mining Permit and can then use heavy equipment. • You have the right to build roadways, driveways, buildings and other infrastructure on the surface lands and can enter the property any time with or without vehicles and equipment. • The transfer of these rights is done through the BC Land Title Office, not the Ministry of Mines. • This is undersurface land, not a mining claim which means you can mortgage, lease and sell through a Realtor and on the MLS. • We have an existing mortgage and mining lease registered on these properties and they will be discharged upon completion. • These mining properties and the right to access them can be sold off in fractional parcels to allow for multiple small mining operators at a lower price. • This is a great long term holding opportunity for a real estate development syndicate, investment group with IPO intentions or other speculator. **Please contact us for a complete information package and purchase agreement to have your lawyer review. **

Mike Sharpe

Principal

Location & nearby

This listing is located in Pitt Meadows, BC V3Y 2R9

18635 Old Dewdney Trunk Road, Pitt Meadows, BC, Canada

Mike Sharpe

Principal
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