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Alaska Placer Gold Mine Central, Ak

Turnkey Operation

Location: Alaska, USA
Commodities: Gold
Available Terms: For Sale
Price: $1,300,000
SOLD

Summary

There is about 600 acres and the gold varies from fines to large nuggets, assay is around 95% pure. The overburden varies from 1-3 feet and there is no permafrost present. The pay layer is 8-10 feet of gravel and boulders and the largest gold pieces are found in 2-4 feet of mafic schist-quartzite bedrock. There is around 1 mile of virgin ground and miles of side pay edges, the original mining operations in the valley used hydraulic water giants and dragline machines that could not recover the gold out of the bedrock. There has been drilling on the property but the records have been lost over time. The gold runs 1ozt per 150-200 yards, the washplant processes about 50-75 yards per hour and could be fabricated to handle more. We have all the permits and paperwork up to date and are actively mining it.
Property Sold

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