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0 Near Pisgah Crater Road,  Newberry Springs CA, 92365 (Land Lot)

Status: Active
MLS#: 493774
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Last Updated: 6/21/2018 5:29 AM
Description for 0 Near Pisgah Crater Road Newberry Springs, CA 92365
*** 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. ***
Price
$3,200,000
San Bernardino
493774
Active
Description
*** 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. ***
Listing Information
Property Type: Land
160 Acres
Electric
Neighborhood
Room Information
Interior Features
3
Exterior / Lot Features
Valley, Desert View
2686' X 2678'
RC Resource Consrvat
Farm, Other, Public Roads, Dirt Road
Financial Considerations
0529251050000
Listing Price History

Newberry Springs Real Estate

Newberry Springs is located in California. Newberry Springs, California 92365 has a population of 1,953.

The median household income in Newberry Springs, California 92365 is $55,169. The median household income for the surrounding county is $54,100 compared to the national median of $53,482. The median age of people living in Newberry Springs 92365 is 53.2 years.

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Courtesy: Jeffrey Nyal - CENTURY 21 Fairway Realty AV
This content last refreshed on 6/21/2018 5:29 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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