Skip to main content
See every side of every news story
Published loading...Updated

‘Gold Rush’: Tony Beets Receives Devastating News That Derails Future Plans

License paperwork was not transferred to Tony Beets for Wounded Moose claims, delaying planned multimillion-dollar expansion and equipment deployment through 2027.

  • An unresolved license transfer has blocked Tony Beets' expansion into Wounded Moose, halting plans for the 213 claims he purchased for $4 million.
  • Seeking to secure operations for future generations, Tony Beets acquired the Wounded Moose property for $4 million, which holds the potential of delivering up to $200 million.
  • Despite current licensing hurdles, Tony Beets has already exceeded his 6,500-ounce goal, amassing $23 million in gold as the "King of the Klondike" shows no signs of stopping.
  • With the Wounded Moose expansion blocked, operations remain focused on existing sites where sluicing continues day and night at Paradise Hill with Corner Cut running two wash plants.
  • The team looks to finish the season at Dominion by mining out the Golden Mile, setting up two big piles for Big Red and the Golden Goose to work through.
Insights by Ground AI

40 Articles

ABC FOX MontanaABC FOX Montana
+38 Reposted by 38 other sources
Center

‘Gold Rush’: Tony Beets Receives Devastating News That Derails Future Plans

Plus, Parker Schnabel buys a new $1 million wash plant to increase production.

·Missoula, United States
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 58% of the sources are Center
58% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

KULR-TV broke the news in Billings, United States on Saturday, March 28, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal