Cripple Creek Gold Mine
McGrath, AK 99627
Yukon-Koyukuk Borough, Alaska
Shown by Appointment Only
Farm Description
Cripple Creek Gold Mine, situated deep within Alaska's untamed wilderness, offers a rare opportunity for both gold miners and gold investors or as a dual-purpose gold mine in the summer and hunting camp in the fall. Located roughly 46 miles north/northwest of McGrath, this expansive property is within the Innoko Mining District, spanning 1,640± acres at the confluence of Bear Creek and Cripple Creek, which flows into Graham Creek and extends to Colorado Creek. The site is comprised of 72 unpatented claims.
With a rich history of gold mining in this area dating back to 1917, the Alamin Mining Corporation acquired or leased these mining claims forming the Cripple Creek Gold Mine in the early 1980S. Before that time some of the claims had been mined by various miners, including Willard “Tex” Gates and his son-in-law Dennis Gould. Cripple Creek Mine has been extensively explored and tested, revealing substantial reserves with overburden depths ranging from 8-15 feet. The seller has drilling information on about 25% of the claims.
The property's location offers more than just mining potential. The area has an abundance of wildlife, including grizzly and black bears, moose, caribou, wolves, wolverines, and lynx, making it a haven for miners and outdoor enthusiasts.
A 1,600± foot gravel runway provides access to this remote location with room to add another 400' if needed. The site is equipped with a modern suction dredge, a trommel, and additional mining equipment. Multiple cabins are on-site, including crew bunks, a kitchen cabin, a utility cabin, and a supplies cabin. Numerous pieces of heavy equipment are at the mine, including a JD dozer, a Cat loader, and several others.
The property's remote location is balanced by its accessibility, with a nearby 6,000' paved airstrip at McGrath. Whether you're drawn by the prospect of mining or the allure of Alaska's wilderness, Cripple Creek Gold Mine presents a unique and compelling investment opportunity.
Farm Maps
Directions to Farm
Fly to Anchorage, Ted Stevens International Airport; from Anchorage, charter a 180, 206, Super Cub, or a helicopter.
More Farm Details
More Farms from Troy Dana
New35 AC : $750K- New11.8 AC : $5.8M
- New17.2 AC : $2.7M
- New44 AC : $4.95M
- New50 AC : $1.95M
- New25 AC : $3M
- New1,560 AC : $37M
- New1,880 AC : $1.8M
- New12 AC : $2.6M
- New560 AC : $2.5M
- New881 AC : $25M
- New648.5 AC : $973K
