gold claims

Upper Valdez Creek Mining District

Mine Details

Commodity: Gold
Location:
Terms: For Sale, Negotiable
Price: 950,000

Contact Seller

Summary:

2000 acres of gold and platinum mines. Extensive testing and proving up done in the last two summers. Actively testing areas of ground all summer. Bedrock is being worked at 8 to 10 feet. 6" to 12" of blue clay on top of bedrock, with 4 to 7 grams per yard of gold and 10 to 12 grams of platinum per yard. Several clay layers with extensive mineralization.

Location and Access:

Located about a 6 hour drive North of Anchorage and a 4 hour drive South of Fairbanks. Access is via the Denali Highway to MP 78, turn North on the Valdez Mine Road and go 15 miles. Access is via an active mine road.

Description:

Claims are all adjacent to one another. All but two of the claims are virgin ground.

Geology:

The geology shows extensive glacial activity 10,000 years ago and again 30,000 years ago. Valdez Creek has a known issue of having deep bedrock, but finding bedrock at 8 feet was very unusual for the entire valley. Deep blue/white clay layer of top of bedrock indicates and earlier glaciation period that is said to have brought the gold in.

History:

Gold was discovered in the Valdez Creek Area in 1903. It had the largest operating gold mine in the lower valley in the 1980's and 1990's. They did not get into the upper area of the creek due to lack of getting the claims to work.

Additional Information:

This is a great deal for anyone. I would like to work it myself but I don't have the capital to buy a wash plant and equipment needed. Access to claim is on a decent mining road.

Photos:

For More Information Please Use The Form Below: