Alaska Miner Magazine, Summer 2019

C&R Pipe and Steel holds the largest steel inventory in Alaska including grouser bar, AR plate, pipe, and expanded metal.

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Fairbanks 4000 S. Cushman 907.452.4000

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HISTORICALLY FAMOUS OLIVE CREEK CLAIMS FOR SALE

High fineness gold Geophysics completed

Geological model completed Exploratory drilling completed Pit dug and pay streak channel tested

Stantec provides a full line of environmental and mining engineering services to Alaska.

Full coverage of the area with aerial photography 1 Full camp in place • APMA in place • Crew available Southern portion owned; northern portion leased Current Owner moving to Canada

For the first time ever 2 , the basal paystreak channel at lower Olive Creek has been located, exposed, and partially tested. Current data suggests the channel/pay extends northerly-southerly, is approximately 250-ft wide, with grade varying higher on the west side, to lower on the east side. Previous mining was first mostly upper reaches and by family oriented small operations, later by dragline which did not reach deep enough to mine the main pay, and later by excavator and haul truck, which did reach the main pay but in only a few locations, and in all cases prior to the main pay being properly identified. Grade ranges from in excess of 0.07 (drill data on west side), to 0.012 (mining data on east side) 3 . Thickness is uncertain, but appears to range from 6-ft to 10-ft on the east, to 15-ft to 20-ft on the west. CONTACTS PHONE: 661-487-5396 or 701-837-4780 Jim Bush Jody Jensen EMAIL: jbush@owt.com or jodyjensen0@gmail.com Jim Bush Jody Jensen 1 Of 2014-2015 vintage. 2 Based on all historical data presented to Buckeye and its subcontractors. 3 Drill data subject to all typical risk factors, such as nugget effect, cross contamina- tion vertically in borehole or between samples, etc. Mining data subject to all typical risk factors such as comingling feed, pit sluff, counting errors, spillage, etc.

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July 2019

The Alaska Miner

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