NZ Minerals, LLC
NZ owns close to one million acres of mineral rights spread across northern Arizona, New Mexico, Colorado and Oklahoma.
Approximately 305,000 of the 992,000 mineral acres lay under the Navajo Reservations. Over 200,000 acres of mineral rights are under Navajo Allottee Lands in New Mexico. The US House and Senate passed a law in 2002 and President Bush signed into law on February 7, 2002, allowing the previous owners of NZ to transfer the mineral rights under a small New Mexico Reservation (Acoma/Pueblo) in exchange for cash or BLM land exchange valued over $1 Million. This was their “trial balloon” to see if the US government would perfect or “unify” the Indian Reservation’s rights on and below their land… especially where conflicting rights were issued to various parties in the 1800’s. This has been successful and NZ believes that much of these Reservation Mineral Rights will be turned into cash or credits for federal land exchange. This is the most immediate source of value in the mineral rights.
Mineral History: 1917 to Present
On August 18, 1917, a geologist for NZ, Andrew C. Lawson, studied the company's mineral assets in Arizona and New Mexico and formed the following summary results.
"The reconnaissance of the Winslow, Holbrook and Valencia districts has yielded negative results, no indications of oil or of any other mineral deposits that would affect the value of the land having been found, except that in the Mesa Verde formation of the extreme westerly townships of the Valencia Tract, coal seams may be found by more detailed search.
On the western margin of the Mohave Tract, near McConnico, it is probable that gold placers may be developed, but there is no prospect of other mineral deposits being found in the lands now patented.
In the McKinley Tract, the most important deposits are coal seams, which occur on the north side of the broad east-west valley which traverses the tract. An oil sand outcrops for about two miles in the northwest corner of the tract which is worthy of investigation by drilling, although the structural
conditions within the limits of the tract are not favorable for the storage of oil. The oil sand outcrop, however established the fact that structural conditions were found in the territory to the north of the tract, oil might be developed. (Approved as a condensed form of my report.)"
In the early 1990s, J.D. Sphar, NZ geologist, reviewed NZ's one million-plus mineral acres: "Certain deposits of natural resources have been delineated over the years on NZ's mineral rights including in order of their discovery: petrified wood, coal, potash, industrial clay, uranium, travertine, oil and helium. Beyond the possible future values from exploitation of these discovered resources, the mineral rights per se also remain intrinsically valuable because of their potential for future mineral discovery. Given the amount of research and exploration to date, the potential for new discovery is more constrained than wide open. Geologic data is relatively sparse and, hence, the potentials for discovery less constrained on the blocks of Indian Reservation minerals."
To learn more about a particular mineral resource and how it is being utilized, select a link below:
SAND / GRAVEL
OIL / GAS
CO2 / HELIUM
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