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Record gold year slated for Chandalar

 

Last updated 1/19/2018 at 4:13am



Goldrich Mining Company Jan. 8 reported that the Chandalar placer gold mine in northern Alaska is slated to produce roughly 21,000 ounces of gold in 2018.

The Chandalar mine is owned by Goldrich NyacAU Placer, a joint venture formed between Goldrich and NyacAU to mine the rich placer gold deposits that occur across Goldrich's 23,000-acre Chandalar property.

NyacAU LLC, a mining company with extensive placer gold mining experience, is the mine operator.

Since placer gold operations began in 2015, Goldrich NyacAU Placer has recovered 24,393 oz of fine gold at Chandalar, including 12,340 oz during the 2017 season.

The 21,000 oz projected for this year is based on a Goldrich NyacAU Placer budget that anticipates the gravity gold recovery plant running for 100 days at 20 hours per day.

The placer gold mining company plans to transport equipment and supplies, including six additional haul trucks, to the remote mine site over a winter trail. Other winter activities include the removal of overburden in preparation for the 2018 summer season.

–SHANE LASLEY

 

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