$11,000,000

Tripple Creek Gold Mine is an active turnkey gold placer mine located six miles from Nome, Alaska, with easy access via Beam Road. Just at 750± acres, this mine offers a rare opportunity for ownership with patented claims and a rich mining history. The placer gold deposit is composed of 20 to 25 feet of weakly gold-bearing glacial outwash overburden, burying 20 feet of gold-bearing alluvial gravel and marine sands that make up the pay section. The gold is coarse, 91.5% pure, and easy to recover due to minimal clay and sparse black sands. High-quality sand and gravel by-product from the site are in demand by local contractors for construction. The washed sand stockpile has been tested and meets U.S. Army Corps specifications for concrete aggregate. The creek originates near Newton Peak and flows across the Nome coastal plain and Nome River floodplain, areas historically mined for gold. There are three recorded patented claims, including one for antimony. Exposed bedrock consists of marble and possibly metavolcanic schist. Mining in the modern era commenced in ~1997 and has been more or less continuous to the present. The current operator has been mining gold and aggregate here since 2015. The mine is well-positioned for further development, with access to highways and city power. Nome is a short flight from Anchorage, with regular air freight and barge services for transporting heavy equipment and supplies. Local contractors offer heavy equipment rentals. After mining, the land can be subdivided into building lots, with prices ranging from $17,500 to $50,000 per acre. On-site gravel is available for building roads and pads, and past lot sales have been successful and immediate. The gold is coarse and lustrous, with little staining and mostly rounded discoidal shapes. The largest nugget the current operation recovered is 1.1 ounces. Placer mine tailings extend over 3,000 feet along the creek at elevations between 50 and 150 feet. Situated on the Nome coastal plain, this mine remains a promising site for continued extraction and investment. The Tripple Creek Gold Mine is an exceptional investment, blending the allure of gold with the rugged beauty of Alaska's frontier. It promises both economic opportunity and a chance to work in one of North America's last great wilderness areas.