Fully Permitted Gold Mine For Sale

Atlin Turn-Key Mine on Historic Spruce Creek

Mine Details

Commodity: Gold
Location: British Columbia, Canada
Terms: For Sale
Price: $1,900,000 CAD

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249ha Placer Lease Tenure on Upper Spruce Creek currently permitted to 2020. Includes 250yd/hr plant and all production, support, camp, and shop equipment. This package includes everything to go mining this as early as May of 2017.

Located on Upper Spruce Creek within the Atlin Mining District on Map 104N. Latitude: 59.5302770 Longitude: -133.4099440
19.4kms of good resource road connect the mine to public year round road. The mine is approximately 25kms from Atlin.

The Lease is over 50% virgin ground, with reclaimed recent work and historical workings dating back to the early 1900's. Easy access and just under 3hrs from the Lease to Whitehorse. Spruce Creek runs through the entire 4.15km length of the claim and provides ample supply of water for the 10" 375hp water pump. Permitted for surface disturbance placer operations until 2020.

List of Equipment:
Sluicing Equipment:
• 2013 Paycore Enterprises Ltd. Custom Sluice Plant
• 2013 10” Skid/Wheel mounted Water Pump w/ 375HP Doosan Diesel Engine
• Complete Gold Cleanup equipment – 1 cu/yd concentrate box, Long Tom w/ honda pump, Classifier Screens, and Reverse Spiral Cleanup wheel.

Earth Moving Equipment:
• 2009 Komatsu D375A-5 Crawler Dozer w/ full U blade & single shank ripper
• 2014 Komatsu PC490LC-10 w/ dig and cleanup buckets
Support Equipment:
• 1981 AM General 6x6 Ex-Military T/A deck truck with 8000L refueling setup
• 1000ft – 12” Aluminum irrigation pipe
• 20’ x 10’ skid mounted portable shop
• 6” Pioneer Pump w/ Duetz Diesel Engine
• Miller 600 Air Pak Diesel Welder
• 50,000 liter double wall fuel storage tank
• 2003 Ford F350 4x4 Pickup
• 2008 Ford F350 4x4 Pickup
• 2004 Yamaha 4x4 ATV
• 2005 Yamaha 4x4 ATV
• Camp Equipment:
• 40ft skid mounted self-contained portable camp shack
• Miscellaneous:
• Complete set of hand tools and air tools
• Spare ground engagement tools such as bucket teeth and cutting edges.
• Miscellaneous spare parts, filters and consumables for all onsite equipment.

The lease is underlain with bedrock and covered with multiple distinct layers. The organic topsoil layer is approximately 1-2ft thick. Pay layers in some areas can start right below the topsoil.

There is typically a grey boulder layer starting near surface that can pay for several feet of thickness. Below the gray boulder layer is 5-8ft of glacial till.

The best paying surface layer has been found to be a compacted layer with 2-3ft boulders, with some as big as 5ft. The average thickness of this layer has been found to be 5-10ft.

Lower Spruce Creek contains a high grade pay channel on bedrock. Currently Upper Spruce Creek has been under explored for this channel, although the limited drilling that has been done seems to indicate that bedrock is 80-100ft below surface.

Placer gold in the Atlin area was first discovered on Pine and Spruce creeks early in 1889. The discovery area on Spruce Creek was near the confluence of Eureka Creek. Recorded and unrecorded gold production to date in the Atlin area is believed to be somewhere around 1 million ounces. The cataloged recorded gold production for the area from 1898 to 1946 was 634,147 ounces (Table 2). About 41% of this total production came from underground mining operations on Spruce Creek.

Gold production in the Atlin area recorded from 1898 to 1946
Stream Name Ounces of Gold Produced
Spruce Creek 262,603
Pine Creek 138,144
Boulder Creek 67,811
Ruby Creek 55,272
Mckee Creek 46,953
Otter Creek 20,113
Wright Creek 14,729
Birch Creek 12,898
All other streams (21 Creeks) 15,147
Total Ounces 634,147

Most of the shallow or easily worked gravels were depleted after the first few years of mining on Spruce Creek. Deeper ground over the small 100-foot square claims could not be mined by individual miners who experienced difficulties with tailings and waste disposal. For this reason many of the miners vacated the area and sold their claims to neighboring miners who formed companies. Mining on Spruce Creek continued to be sparse until a gold-enriched layer of “Blue Wash” gravels were discovered at moderate depths along high benches in 1901. The bench gravels were worked by underground methods and were gradually depleted.
The deepest bedrock-proximal Tertiary gravels were discovered upstream from Eureka Creek in the late 1920’s. The gravel layer was referred as a “yellow wash” and by 1933 the gravels were worked underground along an extremely rich buried paleo channel exceeding 900 feet wide and 1.2 miles long. This operation was later called the Nolan Mine. The shaft access to the workings is located near the confluence of Spruce Creek and Dominion Creek or 1.44 km East-Southeast from Eureka Creek. The underground working headed in a southerly direction where bedrock continued to dip downwards. High volumes of water and low pumping capabilities forced the mining operation to discontinue for a period of time. A total of 200,000 cubic yards of the basal high-grade Tertiary gravels were produced between the years 1933 and 1957 at the Nolan Mine. The gold production at the mine accounts for the majority of gold produced along the entire length of Spruce Creek. Gold grades varied from 0.49 to 0.59 ounces per cubic yard. Underground mining along Spruce Creek ceased in 1957 around the same time when mechanized open pit mining operations commenced along downstream locations (Monger, 1977A).


Note section 3(C) of the above Placer Waste Control Regulation

Subject to The Mineral Tenure Act Section, 60(2):
Warning — This property is offered for mining purposes only and ownership of the title to it does not include ownership of the surface rights or the right to use the surface for residential or recreational purposes.