Remote deposit holds vast wealth as decision looms
A remote U.S. deposit estimated to hold 82 million ounces of gold and 75 billion pounds of copper is central to a new government resource strategy. A critical decision is expected by June 30, which could unlock the site. The deposit also contains significant silver, rhenium, and molybdenum.

*this image is generated using AI for illustrative purposes only.
A remote deposit on U.S. soil, estimated to hold 82 million ounces of gold and 75 billion pounds of copper, is the focal point of a government resource strategy aimed at unlocking the nation's mineral wealth. Financial analyst Jim Rickards identifies the location as America's "Crown Jewel," containing resources critical to military power and energy independence. A critical government decision regarding the site is expected no later than June 30.
Strategic Resource Shift
The strategy involves the federal government taking direct stakes in companies owning critical mineral deposits. Recent actions include a restructured loan with Lithium Americas for the world's largest lithium reserve, a 10 percent stake in Trilogy Metals for large copper deposits, and a deal with USA Rare Earth for the largest rare earth deposit outside China. Rickards notes that for the first time in history, the government is directly investing in businesses holding mineral rights to essential resources.
Mineral Estimates and Potential
The remote deposit is reported to contain vast quantities of several metals. The estimated resources include significant amounts of gold, copper, and silver, alongside billions of pounds of rhenium and molybdenum. These metals are described as essential for American military power, energy independence, and technological dominance.
| Metal | Estimated Quantity |
|---|---|
| Gold | 82 million ounces |
| Copper | 75 billion pounds |
| Silver | 371 million ounces |
| Rhenium | Billions of pounds |
| Molybdenum | Billions of pounds |
Legislative Timeline
Two pieces of legislation tied directly to the deposit are advancing through the U.S. Senate with bipartisan support. The House has already advanced permit reform. Rickards suggests that once the decision is made, the region will no longer be off limits, potentially altering the valuation of the company that owns the deposit. The company is currently trading for just under $2 per share.
How might the government's decision on June 30 impact the valuation of the company owning the deposit?
What are the potential environmental and regulatory challenges that could delay the extraction of these minerals?
How will this shift in government strategy affect the global supply chain for critical minerals like lithium and rare earths?

































