000 No Rd Aniak, AK 99557

Property Details for 000 No Rd

Lot size

1,560.00 lot acres

Property type

Land

Description

This exceptional 1,560± acre property, known as the Marvel Creek Gold Mine, presents a unique investment opportunity in Alaska's remote wilderness. The property comprises three distinct claims: Marvel Creek Gold Mine – North (480± acres), Marvel Creek Gold Mine – South (360± acres), and the original Marvel Creek Gold Mine site (720± acres), all situated along a tributary to Eagle Creek. The mine boasts a rich history dating back to 1911, with documented gold extraction between 1912 and 1914 yielding approximately 1,100 ounces. Mining activities, employing various methods including dredging and open-cut mining, occurred almost annually from the 1920s through the 1940s and resumed after World War II until at least 1970. Approximately 25% of the original claims have been mined, leaving significant potential in the remaining tailings, particularly those from the 1930s to the 1960s, which are believed to contain mineable gold. The property includes a two-bedroom cabin with modern amenities, five additional cabins requiring repair, and substantial mining equipment, including a 1985 Cat D-7-G dozer, a 2007 Komatsu PC-220 LC, a 2007 John Deere Rock Truck, and a 1992 Air Tractor. A 5,000-gallon fuel storage capacity is also present. Environmental reclamation efforts have transformed old mining cuts into habitats for beaver and lynx. This property offers a compelling blend of historical significance, operational infrastructure, and substantial untapped potential within a unique geological setting. The asking price is $37,000,000.

Location Insight

City

Aniak

County

Bethel

State

Alaska

Longitude

-159.62

Latitude

60.9071