Kahiltna River is approximately 31 miles from the intersection of Petersville Road and Oil Well Road, west of Trapper Creek Alaska in the Yentna Mining District. The claims are located ~150 miles NNW of Anchorage Alaska.

The Kahiltna Glacier is large even by Alaskan standards, but it is only a shadow of its ice age self when it extended past Anchorage. This glacier has advanced and retreated many times in the past million or so years. The gold was transported from its bedrock sources in the Peters Hills, Collinsville area and various other unidentified spots in the Alaska Range. Glaciers and streams have moved the gravel and gold from the lode sources during the past few million years. Since there was a huge slug of auriferous rock debris left in the way of the Kahiltna River, the river had eroded and sluiced it. The river has concentrated the gold into the current and former channels. As the glacier was melting, the floor of the Kahiltna valley was filled with many braided channels similar to those seen today farther upstream just below the Kahiltna glacier.

In the 10,000 years since the glacier was in this area, the river has eroded down through the weakly auriferous glacial deposits into the underlying bedrock. As it cut down through these sediments it re-sluiced them to concentrate the heavy minerals. The river eroded deeper and deeper, so that now it is several hundred feet below its ice age height. As it cut down it changed channels often. Some of these ancient channels are left as benches on both sides of the river. Bedrock acts like the floor of a 400’-1,000’ wide sluice box where the heavy minerals and boulders have concentrated for thousands of years. What was formerly placer bearing river bed alluvium is now part of the extensive network of placer bearing benches estimated at 1/4 mile by 3 miles long.

Sub economic amounts of gold are found in the glacial till, glacial outwash, and the Tertiary stream channels of the bedrock. It is unlikely that these landforms would be future undiscovered resources. The present stream alluvium and the former stream alluvium of the benches provide ample resources and reserves to mine for at least a quarter of a century at a rate of 100 yards per hour. These landforms could have the richest concentrations. The property is essentially 98% unmined. Mining estimated at up to 21,000 cubic yards, has occurred over 90 years. The mineralized zones on the property is placer gravels that have been deposited by the advancing and receding Kahiltna Glacier over the last 10,000 years.

EXPLORATION: Extensive exploration work has been completed on the PGE and Monazite claims using trenching, sluicing, panning, sampling from existing trenches, dozer excavation and backhoe excavation sampling. Numerous locations were sampled on the claims and the average gold content of .016 oz/cy was determined and consistent throughout. Three to five pounds of black sands per cubic yard was measured throughout the exploration sampling. The quantity of gold and depth of pay gravels were the targets of the exploration program. To test the depth of the pay gravels trenching was performed using a 580 Case Backhoe with a 14' below grade reach. The depth of the pay gravels is estimated at 10 feet deep after three feet of overburden was removed. Samples (S-1 through S-6) were panned to determine gold content. The assays results from throughout the claim groups indicate an average of .016 oz/au/ton.

Further testing included excavating 1,000 cy of gravel and running it into a grizzly and sluice box. The miners moss from the sluice box was washed into a tote and screened to a -20 mesh. The -20 mesh material was run through a Gemini Table or corduroy cloth. The corduroy cloth had significantly better recovery than the Gemini Table. Concentrates out of the sluice sized to -20 mesh as extracted from 150 cy of gravels recovered 2.5 oz. gold.

PROCESS MATERIAL SUMMARY:
Boulders 6" and larger made up about 10% of the mass during the excavation of 1,000 cy during the 2004-2016 sampling and testing phase. Cobbles 6"-3" made up about 20% of the mass. Gravel from 3" minus ¼" made up about 40%. 1/4" minus sands and silts make up about 30% of the mass. Heavy garnet/black sands concentrate carrying fine gold averages 3 to 5 pounds per cu/yd.

The shape of the gold is ¼” along the longest axis but very flat and thin. In shape, the flakes are sub-rounded and not always as smooth as first appears. The flakes are seen to be easily buoyed by water flow and water tension. Kahiltna River gold is fine, with the bulk of gold occurs in the -50 to +100 mesh-there are some ¼" nuggets with occasional ¾" nuggets. There is a small percentage of clay.

Also to be noted-testing have identified a small percentage of cemented gravels.