The year was 1898. One of the most significant events in Alaska’s history was in full swing, The Klondike-Alaska Gold Rush. The Klondike Gold Rush first began in 1896 when gold was discovered in the Yukon Territory. One of the most prominent areas of the Klondike Gold Rush was the Woodchopper Creek region, located about 200 river miles downstream of Dawson City, the epicenter of the gold rush. Woodchopper Creek was, and still is today, an attractive location for miners due to a significant amount of high-grade gold and other valuable minerals.

This offering, “Woodchopper Creek Gold Claim,” consists of a set of 52 claims representing a total of about 1,418± acres, with 15 of these claims (about 230± acres) patented and the remaining 37 claims (about 1,188± acres) unpatented. Located in the Yukon-Koyukuk Borough between the towns of Circle and Eagle, Alaska, the property is an inholding situated within the Yukon-Charley Rivers National Preserve managed by the US National Park Service (NPS). The property’s 15 patented claims were periodically mined up through the 1980s, whereas the 37 unpatented claims remain undeveloped.

One of the most notable aspects of the Woodchopper Creek Gold Claims is the region’s unique geology. The area is characterized by rugged, mountainous terrain in the heart of the Tintina Gold Belt. Woodchopper Creek Gold Claim is part of the mixed forest/scrub-shrub permafrost ecosystem of interior Alaska. It is comprised of highland, lowland, wetland, and riparian features that support more than forty wildlife species, including black bear, grizzly bear, caribou, Dall sheep, moose, wolf, and wolverine. These species use the property as either full-time or temporary habitat, making the property highly valuable for conservation purposes.

The Yukon River supports three species of salmon at this location – coho, Chinook, and chum. Chinook salmon spawn at the mouth of Woodchopper Creek upstream of its confluence with the Yukon River. The lack of wildfire damage in this area enhances the value of the relatively pristine character when compared with neighboring landscapes that have suffered wildfire damage in the recent past.

The Woodchopper Creek Gold Claims have a rich history and remain a significant source of precious metals in the Yukon Territory. The region’s unique geology and high-grade ores continue to attract mining operations. The potential for significant profits makes the area desirable for both small and large-scale mining operations. While the area presents many challenges, the rewards for successful mining ventures can be substantial.

PROPERTY FACTS:

  • 15 patented claims (230± acres), and 37 unpatented claims (1,188± acres)
  • Estimated two ounces of gold per hour during last mining operation
  • Location upstream from Circle, Alaska, on the Yukon River – about 60 miles
  • Estimated value of the remaining gold reserves –about $60 million net, according to EASI
  • In 1971 Joseph Vogler of Fairbanks purchased the Woodchopper mining claims and continued mining periodically until his death in 1993
  • Flight time from Fairbanks is approximately 1:15 minutes in a Cessna 180
  • Gravel airstrip at the property approximately 2,500-feet; repairs will be needed
  • Private inholding in the Yukon-Charley Rivers National Preserve
  • Woodchopper Creek was reportedly first mined in 1898 with an unusually high gold fineness of 0.933
  • Historic production on the creek produced some 117,000 ounces of gold or over two hundred million dollars at today’s prices
  • Area wildlife includes caribou, very large moose, marten, lynx, wolverine, black and grizzly bears. The area’s abundant cliffs are important to Peregrine Falcons
  • Co-listed with Yvan Corbin, Broker/Licensee | Top Shelf Realty, LLC | 907-301-0875 | yvan@topshelfrealty.com
  • Learn more about this property, its investment potential and information about the area in the Property Brochure.

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