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$150,000,000
2 Days On Site

0000 No Road
Yakutat, AK 99000

For Sale|Business|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt

Built
County:
Listing courtesy of Yvan C Corbin of Real Broker Alaska

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

0000 No Road0000 No Road0000 No Road0000 No Road
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The White River Basin Area Claim Group (WRCG), located near Cape Yakataga in South Central Alaska, comprises 154 mining claims across approximately 11,320± acres. The region is centered around the White River, a seven-mile glacial stream believed to be the source of significant gold reserves. Historically, over 15,000 ounces of placer gold were mined in the early 1900s, primarily from rich beach and bench gravels. However, much of the auriferous material remains unmined, with promising initial sampling and geological studies confirming the presence of gold-bearing alluvial and uplifted beach deposits. The area's complex geologycharacterized by Tertiary sedimentary rocks over older igneous formations, extensive glacial deposition, and tectonic uplifthas created an ideal environment for placer gold accumulation. Stream gradients ranging from 33 to 50 feet per mile, as well as the replenishing ruby sands of the current beach (one of the most energetic in the world), point to the area's high potential. Gold-bearing sediments have been identified at depths beyond standard excavating capabilities, suggesting the possibility of deeper reserves. Access to the WRCG is limited to bush planes, barges, and small boats, with Yakutat Airport serving as the main regional hub. Satellite communication is mandatory due to the absence of cellular service, though a new tower is planned. Despite logistical hurdles, the region offers a long operating season (9-10 months annually) and remains largely untouched. Economic projections indicate that modern mechanized mining, including large suction dredges, could make development highly profitable. Further sampling and analysis are required to define the full extent of the placer gold deposits and determine the feasibility of large-scale operations. WRCG represents a compelling opportunity for mineral exploration and investment.

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Listing Snapshot
Price 
$150,000,000
Days On Site 
2 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
10,000 Acres
Year Built 
N/A
MLS® Number 
25-5715
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS®
2 days agoListing first seen on site
General Features
Acres 
10000
Property Sub Type 
Business
Zoning 
UNK - Unknown
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Exterior Features
View 
Mountain(s)Ocean
Waterview 
Mountain(s)Ocean
Community Features
MLS Area 
2H - Yakutat Borough

The listing content relating to real estate for sale on this website comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than eXp Realty, Inc. are marked with either the listing brokerage's logo or the AK MLS logo, and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing Information is updated daily. Copyright 2025 Alaska Multiple Listing Service, Inc. All Rights Reserved. Data Services Provided by Showcase IDX.

Neighborhood & Commute
Source: Walkscore
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