Minnie Creek

Minnie Creek

 
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Minnie Creek

Location

Location
Alaska - Minnie Creek, Wiseman - Koyukuk District

Precious Metals

Precious metals
Gold and possible Platinum Group Alloys

Land

Land
200 Acres (mining claim)

Asking Price

Asking price
$1,200,000

Status

Status
Permitted

The historical Minnie Creek area has some exciting land for sale in a well-established gold (Au) producing community. There are ten claims over two continuous sections that cover the creek within the Koyukuk District. Historical mining was mostly drift mining and most of the claim is untouched.

Minnie Creek

Century 21 – Bright Horizons

Location:

Minnie Creek, Wiseman - Koyukuk District

Resources:

Unknown

Precious Metals:

Gold and possible Platinum Group Alloys

Land:

200 Acres (mining claim)

Asking Price:

$1,200,000

Status:

Permitted

 

Summary

The historical Minnie Creek area has some exciting land for sale in a well-established gold (Au) producing community. There are ten claims over two continuous sections that cover the creek within the Koyukuk District. Historical mining was mostly drift mining and most of the claim is untouched. Original owners since staking claim. All fees paid in full and permits in hand with ample exploration and exploration summaries by the owner including Au production through exploration.  This is a well-equipped property with everything needed to begin mining including exploration equipment.

Property description

License, maintenance, and fees are up to date and permits are in hand. This includes:

Exploration & Reclamation: 2017-2021

Water withdrawal – Placer Operation: 2017-2021

Authorization to discharge: 2016-2020

Operational status

Currently the owner is seeking retirement and minimal mining has been completed. The Facilities and machinery are on site, ready to use, and consists of:

Cabin - 20' x 24' metal roof, water inside with kitchen set-up including shower, propane fridge, freezers, 3 beds, tv, vcr, copy machine, filing cabinets, and fuel oil stove;

Solar panel with inverter and battery bank;

Swamp Buggy with extra large tires;

1980's 1150C Case 6 way blade dozer;

1994 Hitachi excavator 120-3 with approximately 5000 hours;

New Keene gold screw/wheel for clean up;

10' x 40' tent type shop area with 2 work benches, vise, standing drill press, cutting torch(oxg/accl), with ample hand tools and spare parts;

8' x 8' metal "ANFO" shed to house explosives (license required to include in sale). Class 1 explosive box, 1500 lbs of ANFO plus detonators and boosters;

Honda Pumps including large gravel pump 6", 1- 4" pump, 2-3 1/2" pump, extra pumps for parts;

Hydraulic Trommel with Honda 12hp power supply with 3 sluice boxes;

4' x 10 shaker with 3 stacker and 12hp Honda power (needs repair);

Hoses 50' of 6", 200' of 4", hundreds of feet of 4"-3"-2";

Assortment of new steel angle 2" x 20'; and

Drilling equipment including large drill motor, 37' of 4" auger bits, permafrost/rock bits, 150 cfm wheeled air compressor with hoses, drive hammer and rotary hammer.

                

Geology

The deposit area is described as a Placer Au-PGE style where elemental Au and platinum-group alloy[1] in grains and nuggets are found in gravel, sand, silt, and clay including glacial deposits (Minnie Creek). Highest Au values are at the base of gravel deposits in various “traps” such as natural riffles in floor of river or stream (bedrock), fractured bedrock, and all structures trending transverse to direction of water flow.

The surface material over majority of the creek within the claims area is Quaternary in age and alluvial in nature. Au source rocks include surrounding uplifted geology such as Brooks Range which is also the feeder source of the boulder/gravel material. Exploration and excavation summaries note sequences of gravel, boulders, glacial clay, and permafrost gravel into bedrock. Bedrock depth varies through the claim.

Exploration also notes permafrost and non-permafrost paleochannels at depths which, in conjunction with surface channels, are key to unlocking the mineral traps in Minnie Creek.

Previous working and exploration

The area has been well known to produce Au since the 1900s, however with limited machinery and engineering it was difficult for explorers to reach bedrock indicating that majority of the resource is untouched and not explored to its full potential. The issues with reaching bedrock or keep drifts open was the inability to pump out water.

Exploration by the owner shows a traverse of the alluvial section thickening to an unknown bedrock depth of greater than 23’. Nuggets ranging up to 1 ounces each have been extracted through the owner’s recent test pits with good color noted in several excavation pits.

There are drillhole notes and exploration summaries that outline the interception of paleochannels and gravels as well as the various alluvial stratigraphy. Note that this is limited to claims known as “#1” through “#3” indicating that the additional 7 claims upstream remain, as previously described, as untouched. In addition, there are several areas in #1-#3 that require follow up exploration as well.

 



[1] Theorized occurrence based on similar deposits in the region, requires testing. 

 
 
 

MINNIE CREEK INFORMATION

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INFORMATION

 

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Contact info

Century 21 Bright Horizons
877-646-3468
1(800) 421-2154
West Covina, CA
info@minesinvest.com

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