BOULDER CREEK GOLD MINE Nome, Alaska
$750,000
480± Claim Acres
EXECUTIVE SUMMARY
The Boulder Creek Gold Mine represents a rare and compelling opportunity to acquire an active placer gold operation in Alaska’s renowned Nome Mining District. Located just 26± miles from Nome, the property consists of three unpatented claims totaling approximately 480± acres. The site includes a functional wash plant, mining equipment, and basic living quarters—making it a turn-key seasonal operation with documented gold sales reaching up to $250,000.
Boulder Creek spans 3.5± miles and flows southeasterly into the Sinuk River. Nearly two miles of this stretch are confirmed gold-bearing, as recorded in multiple US Geological Survey sources (Locality 60, Nome C-2/C-3 quadrangles). The creek was initially mined during the famed Nome Gold Rush, with placer operations first noted in 1902–1903 and continued activity documented well into the 1980s. Some historical claims may be patented under US Mineral Survey No. 841, offering potential legal and developmental advantages.
The geological profile—chloritic and graphitic schist bedrock overlain by Quaternary gravels—aligns with productive placer gold environments elsewhere in the region. While recent production data is limited, Boulder Creek likely shares the area’s reputation for coarse, high-purity gold recoverable through gravity separation.
The property benefits from its proximity to Nome, with access to roads, heavy equipment services, and year-round transportation infrastructure. Beyond mining, the land’s gravel resources and location also offer post-extraction real estate development potential.
Combining historical legacy, existing infrastructure, and significant untapped potential, Boulder Creek stands out as a promising investment in one of Alaska’s most storied gold-producing regions. It offers both immediate mining viability and long-term development value within a rugged, resource-rich landscape.
PROPERTY HIGHLIGHTS
• 480± acres of unpatented claims located within 26± miles of Nome
• Great access from Nome via Bob Blodgett Highway
• In the historic Nome Mining District, Boulder Creek flows 3.5± miles into the Sinuk River, with 2± miles of proven gold-bearing ground
• Officially cataloged as Locality 60 in USGS and Alaska geological surveys & lies at the boundary of the Nome C-2 and C-3 quadrangles
• Some claims may be patented under US Mineral Survey No. 841, offering secure title and long-term development flexibility
• The underlying geology features chloritic and graphitic schist, favorable for placer gold accumulation and recovery
• Classified as Quaternary, indicating relatively recent geological formation and easier surface-level extraction
• The property benefits from road access and is close to Nome’s services, including air freight, seasonal barge transport, and heavy equipment rental
• Post-mining, the land is suitable for subdivision, with on-site gravel ideal for road and pad construction—enhancing resale value
• Boulder Creek combines proven gold potential with Alaska’s remote beauty, offering both resource and real estate upside
• Anchorage is a 1 hour-20± minute flight from Nome, with two daily flights Several air freight companies have regularly scheduled flights from Anchorage to Nome
• Two commercial barging companies and several contracting companies offer barge services from Seattle or Anchorage to Nome for heavy equipment and freight
• Heavy equipment rentals are available from two local contracting companies
Boulder Creek Gold Mine | Nome, Alaska 2
CLAIM BREAKDOWN
• Volvo Dozer (needs one tire)
• Volvo Excavator
• Polaris Side-By-Side Vehicle
• Deere Wash Plant
• Diesel Water Pump
• Honda EV-220 Generator
• Honda 2" Water Pump
• Gold Separation Table
• Ingersoll Rand Generator
• Ford F-1500 Pickup Truck
• Wash Plant Generator
• One (1) 20' Conex Container with Various Tools and Maintenance Equipment
BUILDINGS INFRASTRUCTURE
• Cabin – with kitchen including stove, refrigerator, freezer, and laundry area with washing machine
• 3 furnished bunkhouses
POWER SOURCE
• Honda EV-220 Generator
• Ingersoll Rand Generator
FUEL STORAGE
• 1x – 1,500-gallon fuel tank located near the road
• 1x – 1,000-gallon fuel tank
• 1x – 399-gallon fuel tank
• 1x – 288-gallon fuel tank
• 1x – 250-gallon Cistern water tank
ACCESS
The site has great access from the city of Nome via Bob Blodgett Highway.
www.fayranches.com | 800.238.8616 | info@fayranches.com
OPERATIONAL CONSIDERATIONS
• Elevation: gently rolling
• Latitude and Longitude: 64.6973, -166.0175 and 64.7476, -165.9329
• Overburden: Unknown
• Mindat Report: https://www.mindat.org/loc196620.html
• Crew Capacity: 3 people
• NI 43-101: N/A
• Gold Assay: 88%
Historical Production
The 2023 season produced 176.25 ounces of gold.
Geotech
The geotechnical profile of the Boulder Creek placer deposit is primarily informed by historical mining records and regional geological surveys. While no detailed geotechnical studies are available for this specific site, mining activity dates back to 1902–03, with additional claim activity noted in 1929 and as late as 1981–82. The area’s bedrock consists of chloritic and graphitic schist, typical of the Nome District and commonly associated with productive placer gold deposits. These schist formations provide a structurally stable base, overlain by Quaternary-age gravels that likely host the goldbearing material. Though modern sampling and engineering data are limited, the presence of early mining and recurring claim activity suggests favorable ground conditions and consistent mineral potential within the drainage.
Mining Methodologies
Placer mining is a method of extracting valuable minerals from alluvial deposits, which are accumulations of sand, gravel, and other sediments found in riverbeds, streambeds, and floodplains. These minerals are typically denser than the surrounding material, allowing them to settle at the bottom over time. Gold, platinum, tin, and gemstones are commonly extracted using this method. www.fayranches.com | 800.238.8616 | info@fayranches.com
Creek Gold Mine
https://www.mindat.org/loc-196620.html
www.fayranches.com | 800.238.8616 | info@fayranches.com
CLIMATE
Nome, Alaska, has a subarctic climate with long, cold winters and short, cool summers. Winters (October–April) are harsh, with temperatures often below 0°F, frequent snowfall, and blizzards. Spring (May–June) brings slow warming, lingering snow, and highs, reaching the 40s and 50s°F by June. Summers (July–August) are short and cool, with highs in the 50s and 60s°F, occasional rain and fog, and long daylight hours—up to 21 hours in June. Fall (September–October) cools rapidly, with early snowfall, storms, and high winds. The nearby Bering Sea influences Nome’s weather year-round.
Climate charts courtesy of https://www.city-data.com/city/Nome-Alaska.html
DISCLOSURES & DISCLAIMERS
The information provided by Fay Ranches, including but not limited to property descriptions, maps, reports, studies, geotech, and any other materials, is offered solely for the prospective buyer’s convenience. While efforts have been made to ensure the accuracy or reliability of the information provided, it is up to the prospective buyer to confirm.
Prospective buyers are strongly encouraged to conduct their own independent due diligence, including but not limited to in-person site inspection, verification of property boundaries, assessment of mineral rights, environmental considerations, permitting requirements, and any other factors material to their purchase decision. The property is sold as is with no guarantees, warranties, express or implied, including but not limited to the existence, presence, quality, or extractable mineral resource.
By submitting an offer, the buyer acknowledges they have relied solely on their own investigations, observations, and due diligence and NOT on any information, representations, or warranties provided by Fay Ranches or the seller.
The property is subject to state-registered water use rights under Alaska Department of Natural Resources (DNR).
LOCATION
The two mine sites are located on Boulder Creek and a small tributary off the Sinuk River, approximately 26 miles outside the city of Nome along the Bob Blodgett Highway.
GETTING THERE
Fly to Anchorage, Ted Stevens International Airport; from Anchorage, take a commercial flight into Nome, Alaska.
AIRPORT SERVICES
Nome is a 1 hour-20± minute flight from Anchorage, and there are currently two daily flights. Several air freight companies have regularly scheduled flights from Anchorage to Nome.
HISTORY
Nome, Alaska, was founded in 1898 after three Scandinavian prospectors, known as the “Three Lucky Swedes,” discovered gold in the beach sands along the Bering Sea. This discovery led to the Nome Gold Rush (1899–1909), attracting thousands of prospectors and turning Nome into one of the largest cities in Alaska at the time. By 1900, Nome had a population of over 20,000, but lawlessness, extreme weather, and limited resources made life difficult.
The town’s economy relied heavily on gold mining, with large-scale dredging operations continuing for much of the 20th century. Nome also became a key transportation and supply hub for Arctic communities. In 1925, Nome gained national attention during the “Serum Run,” when dog sled teams delivered diphtheria medicine to the town, inspiring the modern Iditarod Trail Sled Dog Race.
During World War II, Nome played a strategic role as a refueling stop for planes traveling to the Soviet Union as part of the Lend-Lease Program. After the war, Nome’s population declined, but gold mining, fishing, and tourism remained central to its economy.
Today, Nome is known for its gold rush history, Inupiat culture, the Iditarod finish line, and its remote Arctic location. It remains a unique blend of history, adventure, and tradition on Alaska’s western coast.
Nome Beach 1908
Dredge built 1941; Operated by
$750,000 Cash
Conventional Financing 1031 Exchange
This is an exclusive co-listing with Fay Ranches and Real Broker of Alaska. Please contact Troy Dana at (360) 402-5500 | tdana@fayranches.com or Yvan Corbin at (907) 301-0875 | Yvan@alaskatopshelfrealty.com to schedule a showing. An agent from Fay Ranches or Real Broker Alaska must be present at all showings unless otherwise noted or other arrangements are made. To view other properties, fly fishing properties, and sporting ranches that we have listed, please visit our web page at www.fayranches.com.
Offer is subject to errors, omissions, prior sale, change or withdrawal without notice, and approval of purchase by owner. Information regarding land classification, carrying capacities, maps, etc., is intended only as a general guideline and has been provided by the owners and other sources deemed reliable, but the accuracy cannot be guaranteed. Prospective purchasers are encouraged to research the information to their own satisfaction.
www.fayranches.com | 800.238.8616 | info@fayranches.com
Scan the QR code to learn more.