March 31, 2020
Where: Kaiyuh Mountains, about 9 miles S of Khotol Mountain in Alaska, USA
Mine Type: Open pit, cyanide heap leach gold mine
Operations: 1997 - 1998, official closure by ARG (American Reclamation Group) in 2005
Owner: USMX of Alaska Inc. a subsidiary of Dakota Mining Company
Output: 50,109 oz. gold; 155,235 oz. silver
Notable Facts: It is notorious for being the first hardrock gold mine to go bankrupt. The mining company was not able to pay the equipment contractors and production was less than expected so less than 2 years after start of operations the company filed for bankruptcy.
Photo Courtesy of Google Earth
April 01, 2023
April 01, 2023
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Address: 2521 E. Mountain Village Dr. Ste. B | Wasilla, AK 99654
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