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 propertys 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 regions 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.

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 todays prices

Area wildlife includes caribou, very large moose, marten, lynx, wolverine, black and grizzly bears. The areas abundant cliffs are important to Peregrine Falcons

Co-listed with Yvan Corbin

The Woodchopper Creek Gold Claims have a rich history and remain a significant source of precious metals in the Yukon Territory. The regions 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.