A resident described decades of involvement in mining and mineral claims, recounting interactions with companies, scientists and a proposed sale he said was for $750 million that ultimately did not close.
“I took a check for $750,000,000 to a bank, and I was trying to get it released,” the resident said, describing negotiations with overseas buyers and efforts to secure ports and shipping. The speaker said large companies and foreign firms examined the claims, and he named industry firms and geologists who visited the properties.
The commenter also said one senator and members of Congress (as named by the speaker) sought partnership arrangements that the speaker said would have required giving large shares to political partners; the speaker mentioned DeConcini and the Udalls in that context. The resident characterized those approaches as effectively killing the deal.
The speaker described technical challenges such as port approvals and environmental classification that affected the proposed export of material, and he said the deposits contained iron and traces of gold (the speaker said “an ounce of gold in every ton”), making extraction difficult and raising processing and export issues.
These are recollections and claims by a single speaker during public comment; the transcript does not include contracts, bank confirmations or public‑record filings provided during the meeting. No municipal action or vote addressing the mining claims was recorded in the meeting transcript.