PRICE REDUCED..Legendary Alaska Gold Mine For Sale

Legendary – Shirley Bar Gold Mine

Mine Details

Commodity: Gold
Location: Alaska, USA
Terms: For Sale
Price: 1,500,000

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Summary:

This is a legendary mine that is famous for producing sizable gold nuggets, but also contains an abundance of fine, flat rounded grains. With over 400 virgin acres remaining, geological tests and speculation indicate an estimated 30,000 ounces can be recovered. This turnkey mine is currently operating the 2019 season which allows for a great opportunity for a Buyer to step in and do even further development for the 2020 season. The current ponds and circuit allow for an approximate 450,000 tons of ore to be mined during the 135+ day season. These claims have been very productive for our company and we are looking to pass it on to capable buyer with dreams of continuing on the glory of these claims. With gold over $1,400 this opportunity won't last long.

Location and Access:

Manley Hot Springs, Alaska. Road accessible

Description:

Wild Goose Mine/Shirley Bar Mine, Pringle and Johnson Block – Mining and Geologic Exploration
Manley Hot Springs Recording District, Yukon-Koyukuk Borough, Alaska
The Shirley Bar deposit/site is found between the boundary of sections 7 and 8, T. 4 N., R. 13 W., of the Fairbanks Meridian
Placer Mining of 5 to 30-foot overburden gravels
All required equipment available and or negotiable.

Geology:

• Age of Mineralization: Quaternary
• Commodities: Major – Au; Minor – Ag, Hg, Pb
• Development Status: Yes, small
• Deposit Model: Placer Au
The Shirley Bar claims are located primarily on terrace gravels on the northern side of the Baker Creek valley. Three bedrock reverse/thrust faults dipping NNW have been mapped in the region, including one below the terrace gravels –none is directly observed at North Star. These faults are probably early Tertiary in age, and have displaced Cretaceous terranes that have been successively accreted to the Alaska basement by the northward subduction of the Pacific Plate.

History:

The Shirley Bar Bench is famous for producing sizable gold nuggets. In the period between 1901 and 1904, it is estimated that more than 1,000 miners panned on Glen Creek and Rhode Island Creek using simple hand-mining methods. After 1904, mining was recorded in 1931, 1937-1938, and again in 1951 (Williams, 1951). Minor activity was recorded in the area after 1951 with workings in 1962, 1967 and 1968. Thurman Oil and Mining owned the property and mined from 1994 until the property was sold to Goldstream Mining in 2000. Minimal activity took place from 2000-2009. The Dobson family acquired the claims in 2009 and did a small family operation until we, acquired the claims from them in 2016.

Photos:

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