Recreational Land & Farm for Sale in Circle Hot Springs, Alaska
Ketchum Crk Circle Hot Springs, AK 99730
Ketchum Creek Gold Mine lies in the Yukon-Koyukuk Borough and within one hundred fifty miles from Fairbanks near Circle Hot Springs, Alaska, in the remote Alaskan wilderness. This offering consists of a contiguous set of 34 gold claims representing a total of 604+- acres, with 5,118+- lineal feet along Ketchum Creek and 6,603+- lineal feet along Mary Louise Creek left to be mined. This lucrative venture comes as a complete turn-key operation with all equipment, tools, hardware, supplies, permits, and applicable licenses included in the sale and necessary for ensuring a seamless mining operation.
With equipment already on the property, the mine yields an impressive production of approximately 670 ounces to 900 ounces of gold per season with a wash plant running 6-10s weekly, mining from approximately 500-600 lineal feet of native ground. Operating season typically runs from June 1 to September 15. Reclamation is current on all claims. Living amenities at the mine include an apartment attached to the shop, a bunkhouse, a trailer, and five camper pads with sewer and electrical hookups for additional accommodations. Additionally, there is an all-cedar 8,000-watt rock heater sauna with a shower stall.
The Ketchum Creek Gold Mine, with its rich potential and storied history, remains a significant source of gold and other precious metals in the Circle Mining District. The region's unique geology and high-grade ores continue to attract both small-scale prospectors and large-scale mining operations alike, and the potential for significant profits makes the area desirable for both mining operations. While the area presents many challenges, the rewards for successful mining ventures can be substantial. This mine represents a prime opportunity for lucrative ventures in the heart of Alaska's gold country.
Location
- Street Address
- Ketchum Crk
- Census Area
- Yukon-Koyukuk Census Area
- Elevation
- 1,073 feet
Property details
- Date Posted
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Aug 26, 2024 | Price drop | $2,300,000 | $1,200,000 -34.3% | — |
Apr 24, 2024 | New listing | $3,500,000 | — | — |