The court-appointed receiver for the Revenue Mine is searching for potential buyers, as Ouray Silver Mines, Inc., which aimed to resume production before shutting down last year, is facing multiple lawsuits over more than $10 million in allegedly unpaid bills.

According to a report filed with the Ouray County District Court this month by Alliance Management, LLC, the mine is now in a state of “care and maintenance,” and the company has just eight employees. Both are in stark contrast to plans...