Current Use by Public Records
- Investment properties
Property Details for Ketchum Crk Rd
- Property type
- Investment properties
Description
This exceptional business opportunity presents the acquisition of the Ketchum Creek Gold Mine, strategically situated at the confluence of Ketchum Creek and Mary Louise Creek in Circle, Alaska. The property encompasses 34 unpatented gold claims, offering significant potential for continued gold extraction. The mine boasts a proven track record, with an average annual gold production of approximately 670 ounces. The operational season typically extends from June through September, aligning with favorable weather conditions. All necessary mining equipment and permits are included in the sale, facilitating a seamless transition for the new owner. The mine's high-grade ore deposits contribute to its substantial profitability. While the challenging Alaskan environment presents inherent operational considerations, the historical significance and rich ore deposits of this mine offer a compelling investment opportunity. The unique geological formations and diverse ecosystem surrounding the mine also present additional long-term possibilities. The asking price for this established and productive gold mine is $2,300,000. This represents a rare chance to own a piece of Alaskan mining history and capitalize on the ongoing demand for precious metals. Serious inquiries only.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Circle
- County
- Yukon-Koyukuk Census Area
- State
- Alaska
- Longitude
- -144.738
- Latitude
- 65.4927
