Elk Point Bugle - Elk Point, AB

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Elk Point Bugle - Elk Point, AB Parcel

Elk Point Bugle - Elk Point, AB Sold - AB

Sold on August 25, 2020

70 acres of pasture land located 1.5 miles northeast of the town of Elk Point, Alberta.  Bonus of an aggregate deposit with a test pit that is currently opened up.  Great options on this parcel!

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Map of Elk Point Bugle - Elk Point, AB

Description

No hunting licence required to pull the trigger on this unique parcel of land located just 1.5 miles northeast of the town of Elk Point, Alberta.  In total, seventy acres of pasture land with a Starting Bid of only one hundred and seventy-five thousand dollars.  As part of a more significant estate sale, the land is looking for a new owner. 

Aside from its agricultural potential, the land contains an aggregate deposit with a test pit that is currently opened up.  A professional survey firm estimated the aggregate deposit to be over 420,000 tonnes in 2014.   A copy of that report is available to interested parties.  Options to a new buyer include selling pit run or screened product without any crushing, develop the pit yourself and produce manufactured product, or sit back and enter into a royalty agreement with an aggregate company wishing to develop the play.  As for aggregate, they don't make it any more.  Registered bidders are entitled to carry out further testing before sale day.  Terms of testing are available by contacting CLHbid.com. 

Please review the Purchase Agreement in the Parcel Details section to see the specifics of the offer.

‘Elk Point Bugle’ will be offered for sale by CLHbid.com by way of online electronic tender.  Check the website for updates from time to time.

Bidding ended on August 25, 2020

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