North Dakota prairie landscape

The Gold Is Real.
Now It's Reachable.

In the 1930s, government geologists documented gold across 990 square miles of North Dakota. Every miner who tried to extract it went broke. The gold was too deep, too fine, and trapped in water-saturated sediments.

This isn't exploration. It's completion.

Patent Pending: US 63/919,988
Zero Pits Process In Place
Zero Tailings Closed-Loop System
Zero Chemicals Gravity Separation

They found the gold. They couldn't get it out.

In 1934, FERA geologists sampled 5,000+ locations across North Dakota and confirmed gold across 990 square miles. Concentrated pannings assayed up to 0.56 oz/ton. The researchers recommended "thorough prospecting" of the river valleys.

Then funding ended. The Great Depression deepened. World War II intervened. The investigation was never completed. For 90 years, that recommendation sat in government archives.

Every conventional attempt failed for the same reasons: the gold sits 70-250 feet deep in water-saturated glacial sediments. You can't dig an open pit through that. You can't pump it dry. You can't sluice flour-fine gold that washes away with the sand.

Our technology doesn't fight those conditions. It uses them.

North Dakota Subsurface Geology - showing unconsolidated glacial sediments and confining layer

Oilfield Technology
Solves a Mining Problem

The 1930s miners couldn't reach 70+ feet through water-saturated sediments. Modern Bakken oilfield methods can. We've adapted horizontal drilling, pneumatic fracturing, and closed-loop fluid systems to create subsurface gravity concentrators that process material in place.

01

Drainage Network Engineering

Wells are drilled into the low-permeability confining layer beneath the mineral-bearing zone. Pneumatic fracturing using compressed air, nitrogen, or steam creates a network of channels with apertures sized to admit heavy mineral grains while excluding larger material. Where fractures intersect boulder zones, the larger clasts bridge across openings to form natural riffles and flow constrictions.

02

Channel Stabilization

Steam injection thermally alters clay minerals at fracture surfaces, causing them to stiffen and resist closure. The result is a permanent, self-supporting drainage infrastructure within the confining layer. Proppants can be added where needed to maintain aperture under formation stress.

03

Cyclic Mobilization & Settling

The system operates in repeated cycles. During mobilization phases, hydraulic injection, mechanical vibration, thermal cycling, and electrokinetic treatment loosen the sediments and reduce grain-to-grain friction. During settling phases, energy input stops and heavy minerals (SG >4) migrate downward under gravity into the drainage network while lighter material remains in place.

04

Selective Extraction

When sufficient heavy minerals accumulate in the drainage network, pumps withdraw an enriched slurry through the collection wells. Surface processing handles a fraction of the material volume that conventional mining would require. Process water is clarified and recirculated in a closed loop. Cycles repeat until the target zone is depleted.

Why This Changes Everything

Access What Others Can't

Deposits at 70-250 feet that killed conventional economics become viable. We reach depths that aren't feasible with open pit, dredging, or underground methods.

Works Where Mining Failed

Water-saturated sediments, flour-fine gold, unconsolidated material. The conditions that bankrupted 1930s operations are exactly what our system needs to work.

Farm Today, Extract Tomorrow

A 10×10 ft well pad. No massive excavation. No tailings ponds. Operations can co-exist with agriculture, which is critical for working across private land.

Global Problem, Global Solution

Deep glacial placers exist across Alaska, Canada, Scandinavia, and Siberia. The same technology that unlocks North Dakota opens deposits worldwide.

See It In Action

Interactive animation showing the full extraction process: well construction, cyclic mobilization, gravity separation, and concentrate recovery.

View Animation →

The Resource They
Left Behind

In 1935, federal investigators documented gold across 400,000+ acres of North Dakota river valleys and recommended "thorough prospecting." Then funding ended. The Depression deepened. The work was never completed.

The Sampling Gap

The 1930s researchers weren't wrong. They were technologically locked out of the real prize.

~20 ft 1930s Sampling Depth Limited by water table and hand-auger technology
70-248 ft Actual Sediment Depth Confirmed by modern USGS drilling data
=
85-90% Never Tested Including the boulder lag zones where gravity concentrates the heaviest minerals
"The negative findings applied only to the flat lake bed. The original researchers explicitly recommended that the river valleys be 'prospected thoroughly.' That recommendation sat in government archives for 90 years."

More Than Gold

Glacial transport from the Canadian Shield created a polymetallic system with critical minerals implications.

Platinum Group Metals Thompson Nickel Belt
Copper, Zinc, Silver Flin Flon VMS District
Rare Earth Elements Canadian Shield

Resource Scale

Multiple calculation approaches suggest substantial resource potential.

Conservative ~50M oz
Moderate 150-250M oz

Gold equivalent. Validation requires systematic drilling.

See Full Methodology →

Research & Resources

Patent Application

US 63/919,988

Provisional patent covering in-situ extraction methodology for unconsolidated mineral-bearing sediments. Filed November 18, 2025.

Patent Pending
Technical Reference

USGS Professional Paper 325

Federal geological survey of the Souris River region documenting glacial geology and mineral occurrences.

USGS Publications →
Historical Survey

FERA Gold Mining Records

1933-1939 Federal Emergency Relief Administration mining operations documentation across North Dakota.

Download PDF →
State Geology

ND Geological Survey

Core samples, heavy mineral analyses, and geological mapping from the Wilson M. Laird Core and Sample Library.

NDGS Website →
White Paper

Souris Basin Gold

Analysis of the 90-year oversight in the historical record, glacial transport mechanics, and the case for completing the 1930s investigation.

Download PDF →

Finishing a 90-Year
Investigation

The Oversight

In 1931, the discovery of gold nuggets in the Souris River Valley sparked a brief, frantic rush. But the geology of North Dakota proved to be a formidable gatekeeper: the gold was too deep, too fine, and trapped in water-saturated sediments that bankrupted every conventional mining operation of the era. By 1935, federal investigations by the FERA and USGS were halted, leaving the state's most promising mineral corridors documented but untouched.

A Convergence of Expertise

Lost Horizon Inc. was founded to finish that investigation. By applying advanced hydraulic and drilling methodologies perfected in the Bakken oil fields to the specific challenges of deep glacial placers, we have bridged the gap between historical geological data and modern extraction capability. We don't see the 80-foot overburden as a barrier. We see it as a pressurized environment where our proprietary technology thrives.

Proven in the Field

Our thesis is supported by more than archives. In the heart of the gold-bearing valley in Carpio, ND, modern surface sampling has identified over 70 gold-bearing specimens and quartz vein material consistent with Canadian Shield origin. The glacial transport system is no longer a geological theory. It is a massive, untapped resource finally within reach.

Ted Farni

Ted Farni

Founder & CEO

BBA Finance, Concordia University St. Paul Carpio, North Dakota

Technology Platform

The extraction methodology applies to similar geological settings worldwide. North Dakota is the primary target; the technology has global applicability.

Alaska

100+ million oz historical glacial gold estimates in Nome and interior regions. Similar glacial transport geology.

Canada

Extensive glacial placer systems across the Canadian Shield margin. Direct transport path from source districts.

Atlantic Coastal Plain

Rare earth element deposits in unconsolidated coastal sediments. High strategic value for domestic supply chain.

Scandinavia

Similar Pleistocene glaciation history. Documented heavy mineral occurrences in glacial sediments.

Partnership & Licensing Inquiries

We're interested in discussing technology licensing, joint ventures, and strategic partnerships with established mining operations.

Location Carpio, North Dakota