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Kasaan Project

Former Producing “Salt Chuck” Mine Alaska, USA was the largest producer of Palladium in the United States

Location: Alaska, USA
Available Terms: For Sale, Joint Venture, Negotiable
Price: Neg. Sale. JV.
NOT AVAILABLE

Summary

The former producing Salt Chuck Mine is contained wholly within the Kasaan Project area. Salt Chuck originally produced copper, silver and gold until platinum was discovered in the ore in 1915 and it wasn’t until 1917 that palladium was recognized. The Salt Chuck mine become the largest producer of palladium in the United States up until 1941 due to the outbreak of World War II. Palladium was then the main source of production income.

The deposit was mined in three glory holes connected by an intricate network of raises, stopes, and drifts at three levels. The workings connected to a main haulage tunnel at the 300-foot level that led to a mill (described in detail by Mertie, 1921) on the shore of the salt chuck at the head of Kasaan Bay.

In 1995, US Bureau of Mines undertook extensive investigation on the Salt Chuck Mine. The USBM geologists (Maas, K.M., Bittenbender, P E., and Still, J.C., 1995) reported earlier work in 1945 by the Bureau and provided a mineral resource of 244,545 metric tonnes of ore reserves with 0.6% copper, 0.45 g/t gold, 5.55 g/t silver, 0.1 g/t palladium from along the pyroxene-gabbro contact of the Alaska-type ultramafics. It is to be noted that the mineral resource estimate is not compliant to JORC Code or National Instruments NI 43-101 standards for reporting mineral resources and reserves.

Identified minerals within the project area are Gold-Silver-Copper-Palladium-Platinum-Strontium-Vanadium-Cobalt.

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