Goldrich Mining Company (OTCBB: GRMC) is a U.S. junior mining company with world-class exploration potential and experienced management. Goldrich owns 100 percent of the historic Alaskan Chandalar gold district, approximately 27 square miles (7000 hectares) in size, located 190 miles north of Fairbanks, where gold was first discovered in 1905.

Since Chandalar's discovery, both high-grade gold veins and alluvial gold deposits have been mined at various sites throughout the property. In addition, Goldrich has discovered evidence of a stratabound, sediment-hosted gold target approximately five miles long by 1800 feet wide (8 km by 550 m) that may have the potential for a large bulk-tonnage gold deposit.

Goldrich completed a test mine in 2009 on one of the seven alluvial deposits at Chandalar and commenced its first step in commercial production in 2010, producing approximately 1,500 ounces of gold. The deposit contains approximately 10.5 million cubic yards at an average grade of 0.025 ounces gold per cubic yard and is open for expansion with further drilling.