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Granite Creek Mine

Small/Remote Operating mine for sale $450,000.

Mine Details

Location: Alaska, USA
Commodities: Gold
Available Terms: For Sale
Price: $450,000

Summary

Our Group purchased the Mine in 2018 as a starter facility. We established a 6 week testing program to codify the Granite Creek Mine. This program verified past production claims and established what was needed to update the mine for future operations. In 2019 we purchased a much larger Mine and have focused on it for the last 3 years.

16 - 40 Acre state mining claims. All ground around these claims is available for expansion.
Pay gravels average 1 ounce per 20 yards of gravel run
overburden averages 4-6 ft, Pay gravels average 4-6 ft thick, on top of bedrock.

Location and Access

30 miles North of Red Devil, 45 miles South West of McGrath. Runway access for up to DC6 aircraft.
Multiple State winter trails for bringing in large equipment.

Description

Granite Creek is located in the Tintina Gold belt. Barrick Golds “Donlin Creek” project is 30 miles to the south west and has drilled gold reserves over 50 million ounces. Barrick Gold claimed most of the ground around Granite Creek in the late 2000’s they have since let the leases expire,,, but.

Living Quarters – Nice 2 story cabin with full kitchen and bath facilities. Electric and solar energy supply lights and fridge power. New Shower facility was in the process of construction in 2018.

Mine - A geology report was prepared for a 1000 ft section of Granite Creek. This report was the basis for production mining in the 1990’s, and netted substantial gold recovery for the owner.

Mine Operations - require 3 individuals to run.
Newer Shaker/Sluice plant. 60-75 yard and hour capable.

Equipment includes; D8 dozer – needs headgaskets , D6 dozer, EX150 Hitachi, 966C Loader – needs tires. 45 KW generator. Other equipment – see attached list

Geology

Reports by:

WM Morgan – Jauary 1992
TK Bundtzen – May 1996

Photos



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