000 North St Eielson AFB, AK 99702

The Quail Creek Gold Mine, situated in the Rampart Mining District within Alaska's Yukon-Koyukuk Borough, offers the opportunity to acquire a permitted operating turnkey gold mine. The property includes 44 unpatented state claims covering approximately 1,737 acres, with approximately 120 acres already mined. Test holes on-site show deposits as rich as $100/yard. Gold was initially discovered in Quail Creek in the late 19th century, with historical mining operations dating back to 1898 and intermittent activity continuing until 1940. The area's geology features bench placer deposits along the lower mile of the creek, with a defined bench approximately 150 feet above the current watercourse. An old channel 400 feet above the creek also shows a presence of gold. The mineral composition of concentrates includes gold, cassiterite, barite, scheelite, garnet, zircon, rutile, pyrite, and cinnabar. Bedrock consists of slaty shale interspersed with quartz veinlets and small porphyry dikes. Although comprehensive historical production data is unavailable, the seller possesses recent production data. The seller also has detailed test holes and results through the claims, suggesting potential for modern exploration and extraction techniques. The site's geology and location near Troublesome Creek enhance its viability for future mining operations. The mine has equipment, living quarters, fuel storage, and an airstrip.