00 No Rd McGrath, AK 99627

This exceptional 1,640-acre Alaskan gold mine, located near McGrath, presents a unique investment opportunity. Situated in the Innoko Mining District at the confluence of Bear and Cripple Creeks, this property boasts 72 unpatented claims with a rich history of gold mining dating back to 1917. Extensive exploration and testing reveal substantial gold reserves, with overburden depths ranging from 8-15 feet. Drilling information is available for approximately 25% of the claims. The property includes a 1,600-foot gravel runway (expandable by 400 feet), a modern suction dredge, a trommel, and various mining equipment, including a John Deere dozer and a Caterpillar loader. Multiple cabins provide on-site housing, including crew quarters, a kitchen, utility space, and storage. Beyond mining, the abundant wildlife—grizzly and black bears, moose, caribou, wolves, wolverines, and lynx—makes this a prime recreational location. Proximity to a 6,000-foot paved airstrip in McGrath ensures accessibility. The asking price is $4,950,000. This property offers a compelling blend of mining potential and recreational opportunities in Alaska's stunning wilderness.