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SUMMARY

SUMMARY

• 15 patented claims (230± acres), and 37 unpatented claims (1,188± acres)

• Estimated two ounces of gold per hour during last mining operation

• Location upstream from Circle, Alaska, on the Yukon River – about 60 miles

• Estimated value of the remaining gold reserves –about $60 million net, according to EASI

• In 1971 Joseph Vogler of Fairbanks purchased the Woodchopper mining claims and continued mining periodically until his death in 1993

• Flight time from Fairbanks is approximately 1:15 minutes in a Cessna 180

• Gravel airstrip at the property approximately 2,500-feet; repairs will be needed

• Private inholding in the Yukon-Charley Rivers National Preserve

• Woodchopper Creek was reportedly first mined in 1898 with an unusually high gold fineness of 0.933

• Historic production on the creek produced some 117,000 ounces of gold or over two hundred million dollars at today’s prices

• Area wildlife includes caribou, very large moose, marten, lynx, wolverine, black and grizzly bears. The area’s abundant cliffs are important to Peregrine Falcons

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