Business Description
618 claims, approximately 504 of creek claims and 114 of bench claims.
A creek claim is 500 feet x 2,000 feet = 1,000,000 sq. ft. = 111,111 sq. yds
A bench claim is 500 feet x 1,000 feet = 500,000 sq. ft. = 55,555 sq. yds
Claims block area = approximately 62,222,100 sq. yds = 20 square miles
= approximately 52 square kilometers
= approximately 12,800 acres
= approximately 5,180 hectares
Average recovered grade = 0.035 fine ounces/square yard.
Estimated Total Reserve = 0.035oz x 62,222,100 sq. yds
= 2,177,774 fine ounces
This is one of the largest blocks of viable alluvial placer ground in North America with potential for multiple mines producing 5,000+ ounces of fine gold/operation annually.
All claims covered under two existing water licenses allowing mining operations to be established with minimum effort.
Financial Summary
Option to sell the ground in two discrete parcels that align with the two Yukon Water Licenses.
Water License 1 - (expires 2028) has 53 claims associated with it. (List Price - $848,000)
Water License 2 - (expires 2026) has 565 claims associated with it. (List Price - $8,128,000)
