| |
|
|
| |
NZ Minerals, LLC |
|
| |
|
|
| |
NZ owns close to one million acres of
mineral rights spread across northern Arizona, New Mexico,
Colorado and Oklahoma. |
|
| |
|
|
| |
Approximately 305,000 of the 992,000
mineral acres lay under the Navajo Reservations. Over
200,000 acres of mineral rights are under Navajo Allottee
Lands in New Mexico. The US House and Senate passed a
law in 2002 and President Bush signed into law on February
7, 2002, allowing the previous owners of NZ to transfer
the mineral rights under a small New Mexico Reservation
(Acoma/Pueblo) in exchange for cash or BLM land exchange
valued over $1 Million. This was their “trial balloon”
to see if the US government would perfect or “unify”
the Indian Reservation’s rights on and below their
land… especially where conflicting rights were issued
to various parties in the 1800’s. This has been
successful and NZ believes that much of these Reservation
Mineral Rights will be turned into cash or credits for
federal land exchange. This is the most immediate source
of value in the mineral rights. |
|
| |
|
|
| |
Mineral History:
1917 to Present |
|
| |
|
|
| |
On
August 18, 1917, a geologist for NZ, Andrew C. Lawson,
studied the company's mineral assets in Arizona and New
Mexico and formed the following summary results. |
|
| |
|
|
| |
"The
reconnaissance of the Winslow, Holbrook and Valencia districts
has yielded negative results, no indications of oil or
of any other mineral deposits that would affect the value
of the land having been found, except that in the Mesa
Verde formation of the extreme westerly townships of the
Valencia Tract, coal seams may be found by more detailed
search. |
|
| |
|
|
| |
On
the western margin of the Mohave Tract, near McConnico,
it is probable that gold placers may be developed, but
there is no prospect of other mineral deposits being found
in the lands now patented. |
|
| |
|
|
| |
In
the McKinley Tract, the most important deposits are coal
seams, which occur on the north side of the broad east-west
valley which traverses the tract. An oil sand outcrops
for about two miles in the northwest corner of the tract
which is worthy of investigation by drilling, although
the structural conditions within the limits of the tract
are not favorable for the storage of oil. The oil sand
outcrop, however established the fact that structural
conditions were found in the territory to the north of
the tract, oil might be developed. (Approved as a condensed
form of my report.)" |
|
| |
|
|
| |
In
the early 1990s, J.D. Sphar, NZ geologist, reviewed NZ's
one million-plus mineral acres: "Certain deposits
of natural resources have been delineated over the years
on NZ's mineral rights including in order of their discovery:
petrified wood, coal, potash, industrial clay, uranium,
travertine, oil and helium. Beyond the possible future
values from exploitation of these discovered resources,
the mineral rights per se also remain intrinsically valuable
because of their potential for future mineral discovery.
Given the amount of research and exploration to date,
the potential for new discovery is more constrained than
wide open. Geologic data is relatively sparse and, hence,
the potentials for discovery less constrained on the blocks
of Indian Reservation minerals." |
|
| |
|
|
| |
Visit
Espiritu Loci's Mineral
Maps Website. |
|
| |
Read
a geological
report highlighting mineral potentials. |
|
|
| |
|
|
| |
To learn more about a particular
mineral resource and how it is being utilized, select
a link below: |
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| |
|
|
|
