46 UNPATENTED CLAIMS
Manley Hot Springs, Alaska
$3,995,000
1,840± Claim Acres
LITTLE BOULDER CREEK GOLD MINE
EXECUTIVE SUMMARY
CLAIMS ACRES
The Little Boulder Creek Gold Mine Site is located in the Hot Springs Mining District of the Yukon-Koyukuk Census Area of Alaska. It represents a historically significant area for placer gold mining with substantial untapped potential encompassing 46 claims and 1,840± claim acres, extending roughly five miles in an east-to-northeast direction.
The bedrock in the Little Boulder Creek area is primarily composed of Jurassic and Cretaceous sedimentary rocks, which have been locally intruded and altered by the Cretaceous Roughtop Mountain pluton, ranging from monzodiorite to granite. Older Triassic and Permian layers of phyllitic argillite, sandstone, and shale are also present, pressing against the younger rocks along thrust faults. Steep, north-trending faults cut the entire area, and the creek itself flows over Quaternary alluvial deposits—typically 6 to 12 feet of silt interspersed with layers of slate fragments. Both historical and recent sampling have confirmed the presence of gold and scheelite in these deposits.
Placer mining at Little Boulder Creek dates back to 1917, with nearly continuous operations through the 1930s. Mining resumed intermittently from 1967 through the early 2000s, including overburden stripping, trenching, test hole digging, sluicing, and bulldozer-assisted sampling. Operators included Farrell & Higgins, J.L. Wood, Vern Petefish, and Windy Hill Mining. Notably, sluicing operations in the 1990s processed thousands of cubic yards, confirming the continued presence of gold and scheelite. Despite extensive historical activity, no comprehensive public records of production exist, highlighting the site’s potential for modern exploration.
Little Boulder Creek offers a rare opportunity to explore a historically productive placer system with demonstrable mineralization. Its favorable geology, historical workings, and proven recovery of gold and scheelite provide a strong foundation for renewed mining operations. The property is well-suited for contemporary placer mining techniques and presents a compelling investment prospect for those seeking both economic potential and the experience of mining in interior Alaska’s rugged, largely undeveloped wilderness.
PROPERTY HIGHLIGHTS
• 46 unpatented claims; 1,840± claim acres
• Access to the property is via a road that goes right to the site
• Overburden averages 6’ - 10’
• Five years of production in the 1980s and 2023
• Claims are located within the Hot Springs Mining District
• 5-year Alaska State Mining permit in place with 3 years remaining
• Some core drilling has been completed
• Crew Capacity for 7 people
• Equipment included (see pages 5-6)
• Infrastructure on-site (see pages 7-8)
Little Boulder Creek Gold Mine | Manley Hot Springs, Alaska
Little Boulder Creek Gold Mine | Manley Hot Springs, Alaska
EQUIPMENT
• Hitachi 330 LC excavator – great shape with approximately 8k hours
• Case W24-C front-end loader with 3-yard bucket
• John Deere 690B excavator with 1-yard bucket
• Bucyrus Erie 22-B drag line
• International TD-20 dozer
• 2 – Caterpillar D-8 cable blade dozers (1 – 9A, 1-2U)
• Road grader #112
• 1980 Chevy Suburban 4x4
• Onan 45kW generator (200 hours)
• Acetylene welding outfit
• Four-wheel trailer, heavy-duty
• Miller combination 10kW gas generator and 300 watt welder
• Trommel – approximately 60 to 80 yards per hour
• Small portable trommel for testing purposes
• Duetz 35kW generator
• Honda small water pump
• Various sizes of propane tanks
• International truck van with all of its contents (used for tools & parts storage)
• All hoses and fittings to the above equipment
• 500-gallon fuel tank
• Tanker fuel tank (8,000 plus gallons)
• New 1,000' of 6' Camlock hoses (50' lengths)
• 6" water pump with Duetz Diesel Motor
• Road grader www.fayranches.com | 800.238.8616 | info@fayranches.com
INFRASTRUCTURE
Buildings
Cook Cabin (20’ x 30’) – One refrigerator, one freezer, one standard-size propane cook stove, one wood-burning stove
Bathhouse with laundry
Four sleeping cabins – two with wood-burning stoves, one with a diesel-burning stove
Atco two-bedroom living quarters with a center bathroom and a wood-burning stove
Power Source
6K Gen Set
Fuel Storage
1,800-gallon tank
8,000-gallon tank trailer
Access
5 miles off Highway 2, going to Tanana
The surrounding area is home to a diverse array of wildlife, including grizzly bears, black bears, moose, caribou, lynx, wolves, and wolverines.
Little Boulder Creek Gold Mine | Manley Hot Springs, Alaska
OPERATIONAL CONSIDERATIONS
• Access: 5 miles off Highway 2, going to Tanana
• Elevation: top 2,500±, bottom 1,000±
• Latitude and Longitude: 65.1543, -151.1053
• Overburden: 6’ - 10’
• Mindat Report: https://www.mindat.org/loc-198528.html
• Crew Capacity: 7 people
• NI 43-101: N/A
• Gold Fineness or Assay: 770
Geotech
The geotechnical character of the Little Boulder Creek area reflects a complex geologic history of sedimentation, deformation, and intrusive activity that directly influenced placer development. The site is underlain by Jurassic to Cretaceous clastic sedimentary rocks, which were intruded and contact-metamorphosed by the Cretaceous Roughtop Mountain pluton of monzodiorite to granite composition. Locally, Triassic to Permian phyllitic argillite, sandstone, and shale occur in thrust contact with these younger sedimentary units, and all formations are dissected by northtrending, high-angle faults. Overlying Quaternary alluvium—typically 6 to 12 feet thick—consists of silt interbedded with angular slate fragments, forming the primary placer host material. This geologic framework has controlled both gold deposition and mining feasibility, with historical workings dating back to 1917 and ongoing exploration, trenching, and small-scale sluicing operations extending through the 1990s.
Type of Gold
The gold at Little Boulder Creek occurs primarily as placer deposits within the Quaternary alluvium, where it is typically coarse and angular due to limited transport from its source rocks. The gold is associated with layers and lenses of slate fragments derived from the surrounding phyllitic argillite, sandstone, and shale, reflecting the local metamorphic and sedimentary geology. Its distribution is controlled by the creek’s historical channels, remnant benches, and alluvial layering, often concentrated in pay streaks where heavier gold particles settled. Historical mining reports indicate that the gold was recoverable through trenching, sluicing, and bulldozer-assisted sampling, highlighting its coarse nature and economic potential despite generally low overall grades.
www.fayranches.com | 800.238.8616 | info@fayranches.com
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.
Little Boulder Creek Gold Mine | Manley Hot Springs, Alaska
https://www.mindat.org/loc-198528.html
www.fayranches.com | 800.238.8616 | info@fayranches.com
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.
Little Boulder Creek Gold Mine | Manley Hot Springs, Alaska 14
CLIMATE
Summers in Manley Hot Springs, Alaska, last from June to August and bring warm temperatures ranging from the 60s to the 80s°F (16–30°C), with occasional heatwaves pushing into the 90s°F (32+°C). Precipitation is generally low, with most rainfall occurring during this season. The region experiences nearly 22 hours of daylight in June, creating long, bright days. Despite the warmth, the area’s remoteness and seasonal extremes contribute to its unique climate.
Climate charts courtesy ofhttps://www.city-data.com/city/Manley-Hot-Springs-Alaska.html
www.fayranches.com | 800.238.8616 | info@fayranches.com
WATER RIGHTS
The property is subject to state-registered water use rights under Alaska Department of Natural Resources (DNR).
Little Boulder Creek Gold Mine
LOCATION
The mine site lies northwest of Manley Hot Springs, approximately 18± miles in the Hot Springs Mining District, Alaska, 100± air miles west of Fairbanks, and 275± air miles north of Anchorage; Manley Hot Springs offers a 3,400’ gravel runway just off the Elliot Highway (Highway 2).
AIRPORT SERVICES
Fairbanks International Airport for commercial flights. Chartered flights are available out of Fairbanks to Manley Hot Springs, a 3,400-foot gravel runway. The mine can be accessed by road.
GETTING THERE
Fly to Fairbanks International Airport. Head North on Alaska Highway 2 out of Fairbanks and drive 80 miles. Turn left toward Manley Hot Springs and drive 78 miles to Tofty Road. Turn right off Tofty Road (road to the town of Tanana). Stay on the main road. Go over Blowback Creek bridge. At 13.8 miles, you go around a pond. At 14.3 miles, stay left. Drive past the old cabin on your right, which is Tofty. At 16.4 miles, take the right at the fork. At the 21-mile marker, turn right, go across Boulder Creek, and at 24.8 miles, take the left at the fork. At 26.7 miles, stay right, don’t go up the hill to the left. Go through Dick’s camp and at 27.3 miles at Toy mine.
HISTORY
The Little Boulder Creek Gold Mine in Alaska has a long and varied history of placer mining, reflecting both the region’s complex geology and persistent human effort. The creek lies within an area underlain primarily by Jurassic and Cretaceous clastic sedimentary rocks, locally intruded and contact-metamorphosed by the Cretaceous Roughtop Mountain pluton, ranging from monzodiorite to granite. In some locations, older Triassic and Permian phyllitic argillite, sandstone, and shale occur in thrust contact with the younger rocks, all cut by north-trending, high-angle faults, which likely influenced the deposition of gold-bearing alluvium.
Mining activity at Little Boulder Creek dates back to 1917, with early reports noting thin placer deposits of low gold grades, often within 6 to 12 feet of silt-rich alluvium containing slate fragments. Operations continued intermittently through the 1930s. After a lull, activity resumed in the late 1960s when Farrell & Higgins conducted initial placer work in 1967, followed by extensive overburden stripping, trenching, test-hole digging, and portable sluicebox sampling through the early 1980s. In 1989, bulldozer sample cuts recovered both gold and scheelite, and further work was conducted in 1990–1991 by J.L. Wood, Vern Petefish, and Windy Hill Mining.
Throughout the 1990s, mining intensified, including a 9,000-cubic-yard sluicing operation in 1992. Wood continued operations from 1997 to 1998 and maintained mining plans through 2002. Despite this long history of production, no public records detail total gold recovered, leaving the full economic yield of Little Boulder Creek uncertain. Its Quaternary alluvial deposits and continuous human engagement underscore its significance as a historic Alaskan placer mining site.
www.fayranches.com | 800.238.8616 | info@fayranches.com
Boulder Creek Gold Mine
Manley Hot Springs, Alaska
$3,995,000 Cash
Conventional Financing
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.
DATA ROOM
The Data Room will provide additional information such as geology, gold reserves, mining plans, and additional maps. To request access to the Data Room, please email tdana@fayranches.com or yvan@alaskatopshelfrealty.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
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