Location and Access
The mine is north of Lake Creek's confluence with the Yentna River, and access is by a chartered or personal helicopter.
Description
There are approximately ten acres alongside Lake Creek that is an old riverbed comprised of alluvial deposits. The adjoining bench is an ancient riverbank that slopes up to a second riverbed and then a steep hillside. Widely spaced birch and spruce minimize the need for tree cutting and leave abundant room for placer mining. The active river channel always produces fine gold, garnets, and black sands, and even an amateur can pan out more than a dozen flakes and specks on every try.
In 2005, Golconda Resources and Sheer Minerals of Canada spent $1 million on a joint drilling exploration for diamonds several miles north of this site. Seventeen microdiamonds were found in the core samples. Subsequently, the people who originated the search have maintained the mining claims where the discoveries were made and exploration is rumored to be ongoing. What’s most important, though, is Riversong sits in Lake Creek Canyon at about the same depth as where the microdiamonds were found. Despite being a big long shot, this still provides an opportunity for finding something even more valuable than gold.
The mine comes complete with two storage sheds, a low-time 1961 Brantly B2 helicopter, a Montana 2434 tractor with frontend loader and backhoe, a 1990 Jeep Wrangler parked in Willow, Alaska, a Honda three-wheeler, a Keene dredge, two generators, a trash pump, four steel sluice boxes, an electric welder, an air compressor, two chainsaws, power and hand tools too numerous to list, nuts, bolts, and nails beyond description, plenty of fuel for a full season of prospecting and mining, and an assortment of gold cleanup tools. Everything is in good or new-like condition and cost way more than $100,000 to buy and have helicoptered into the mine site. A buyer needs only to bring his work clothes and food—everything else is provided, including bear gun, fishing rod, camp stoves, pots and pans, first aid kit, you name it.
Additional Information
Riversong is probably best suited for mining alluvial deposits that can be bagged and sold as real Alaskan pay dirt. This would also eliminate the need for costly jigs and shaker tables that are essential for recovering fine gold. —But what’s most important, this gets rid of the high cost of workers and heavy equipment, which almost always bankrupt gold mining deals. One or two people can easily operate this mine with very little expense, yet produce hundreds of one-pound bags of pay dirt worth $25 to $100 each on a retail website or in storefront shops. What’s more, there are innumerable birch trees with chaga mushrooms that are selling for $60 a pound as America’s hottest new cancer-killing herb.
Where else can you catch 20-inch rainbows or 30-pound king salmon after a hard day's work and have bald eagles watching you from across the river? It doesn't get any better. Helicopter has been sold, price is reduced to $100,000, and I might take payments from someone with good credit. Let's talk, because gold's going back up big time.