Western Miner.Com Database: Dome Creek Working Gold Mine

Shaft top header

DOME CREEK ALASKA

OPERATIONAL GOLD MINE FOR SALE

260 acres of deep placer located on Dome Creek, 10 miles North of Fox Alaska (Elliot Hwy) near the historic mining town of Olnes.
This well known area was mined from the 1900’s to the middle 30’s.
This property has several shafts for production and further exploration.
One of these shafts was opened for exploration in the spring of 1986.

Shaft ice tunnel

This is a fully wood cribbed working shaft, which is ready for winter production now.
Historic mining records indicate values from $.50/s.f. to $8.00/s.f. (bedrock) at $20.67/oz. gold.
Check out the records or ask your geologist to review.

Serious parties only.

General description:
The 7 claims below consist of 5 each Raven claims (simple lease agreement) and 2 each Owl claims owned outright. The general terms on the 5 leased claims is payment of 10% gross gold production royalty, pay all annual State mining, maintenance, and assessment fees. The lease is good to 2017.
The 2 each Owl claims are owned outright.

Gold miner at shaft face

General terms of sale:

Below is the listing of the claims and the respective pricing:
Terms for individual claim purchase is 30% down, 10-year contract at 9% interest paid monthly.
If one party buys all, the total price will be reduced by $40,000 and the down payment reduced to 20%. The interest will be reduced to 8%.
Purchaser will assume the lease and will be responsible for standard maintenance of claims.

RAVEN #1 # 334956 $35,000
RAVEN #2 # 334957 $35,000
RAVEN #3 #334958 $35,000
RAVEN #4 #334959 $35,000
RAVEN #5 #334960 $35,000
OWL #17 #330258 $40,000
OWL #24 #330262 $40,000

TOTAL $255,000

Shaft going down