Search Land - Marvel Creek Gold Mine

Marvel Creek Gold Mine

price

$37,000,000|Listed: Sep 16, 2024

MLS#1237579

location

000 No Road Address, Aniak, Bethel County, Alaska

Status:Active

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Property Type

  • Recreational Land
  • Hunting Land
  • Fishing Land

Acreage

1,560 acres

County

Bethel, Alaska

Format

Sale

Description

Deep in the heart of Alaska’s remote wilderness, Marvel Creek Gold Mine offers a historic and promising site for gold mining enthusiasts and investors, now expanded to encompass three distinct claims: Marvel Creek Gold Mine – North (480± acres), Marvel Creek Gold Mine – South (360± acres), and the original Marvel Creek Gold Mine site (720± acres). Together, these properties span over 1,560 acres along a tributary to Eagle Creek, which eventually feeds into the Salmon River. This extensive network of claims is set within a rugged, non-glaciated valley, offering a unique geological setting where the Upper Cretaceous granitic stock of Marvel Dome is encircled by hornfels within sedimentary rocks of the mid-Cretaceous Kuskokwim Group. This distinctive combination of geological features has made Marvel Creek a prime location for mineral deposits, drawing miners to the region for over a century.

The history of Marvel Creek Gold Mine dates back to 1911, when gold was first discovered on bench bedrock exposed in a cut bank. Between 1912 and 1914, approximately 1,100 ounces of gold were extracted, marking the beginning of a long history of mining in the area. Over the years, mining activities have included the use of small dredges, hydraulic methods, and open-cut mining, with operations continuing almost annually from the 1920s through the 1940s and resuming after World War II until at least 1970.

Today, the Marvel Creek claims remain sites of significant interest, with about 25% of the original claims having been mined. The remaining tailings piles, particularly those from the 1930s to the 1960s, hold mineable gold, as earlier miners focused more on nuggets and less on fine gold.

The site is equipped with essential infrastructure, including a two-bedroom cabin with modern amenities, five additional cabins in need of repair, and a range of mining equipment, including a 1985 Cat D-7-G dozer, a 2007 Komatsu PC-220 LC, a 2007 John Deere Rock Truck, and more. The inclusion of a well-maintained 1992 Air Tractor adds to the mine’s operational potential. With 5,000 gallons of fuel storage and reclamation efforts that have turned old cuts into beaver and lynx habitats, Marvel Creek Gold Mine provides an exceptional opportunity to explore and capitalize on Alaska’s rich mining history across an expanded and highly promising landscape.

Listing Agent

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Fay Ranches Broker

Co-Op Member Owner

company

Fay Ranches Inc

location

Bozeman, Montana

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