The 3 Yakataga Placer Leases are located on the Gulf of Alaska. Mining starts at the beach on the surface. There is no overburden or frozen ground to deal with. Access to the mine is by air to a 5000 foot runway (suitable for a C-130) or by boat from Cordova. Valdez, and Seward. The owner wishes to sell these Leases now.
According to a 1975 US Bureau of Mines Report a bulk sample of Yakataga Beach sands yielded 0.060 ounces per ton gold in test #1 and 0.054 opt gold in test #2. This equals values at today's prices of $39 and $35 per ton gold.
Other test data, photos, and information available upon request. Owners would be glad to show pre-qualified buyers the property and let them run their own samples while the current owners are present.
* Fully Permitted for Mining from May - December through 2009. Then the permits are renewable for multiples of 5 years and are transferable to the new owner. The leases are also permitted to use chemical froth floatation cells for the recovery process.
If you would like more information
please email us
and ask about the
Yakataga Placer Leases #L715
fax 208 265 5377
Satellite Image of Leases (above)
photos of placer leases