Registration to bid will begin at 8 a.m. and bidding will begin at 9 a.m. Any parcels not sold during the competitive bid, will be available for sale non-competitively the day after the sale for $1.50 per acre.
The leases are for a period of 10 years with annual rentals of $1.50 per acre for the first five years and $2 an acre after that until production begins. Once a lease is producing, a royalty of 12.5 percent is charged.
The parcels are located in Eureka and Nye counties within the BLM Battle Mountain District. A complete listing of the parcels is available online at www.blm.gov/nv/st/en.html. A list of the winning bidders will be posted the afternoon of the sale.