Chandalar Gold District
OVERVIEW
- Located 190 miles north of Fairbanks, Alaska, USA in one of the world's politically secure mining jurisdictions
- 100% ownership of entire Chandalar district consisting of a contiguous land-block totaling 36 square miles (92 km2) comprised of 23 patented claims and 197 unpatented State of Alaska claims
- Evidence for large, sediment-hosted deposits is demonstrated through regional magnetic highs, geochemical gold-arsenic anomalies and widespread gold occurrences
- District is home to four hard-rock and seven alluvial historic mines with production totaling more than 85,000 ounces gold dating back to early 1900’s
- 2010 production by the company totaled 1,522 ounces gold and 259 ounces silver at Little Squaw Mine
- Substantial infrastructure in place including 25-person camp, an alluvial wash plant, heavy equipment, a 4,400-foot (1.3 km) airstrip and a 30-mile (48-km) network of roads
