The vendor will consider a consultant position, mentorship program or advisor role if required or requested.

George Abermeth, the current owner of Wounded Moose Mining Co. Inc. is a semi-retired miner and engineer who is operating the mine as a hobby during the summer months with a couple of helpers. He has been mining at the Wounded Moose Mine for 4 short seasons. As this mine is more or less a hobby for him, his mining season starts after the May Long Weekend and ends before Labour Day. The season for most others is from April 1st-15th until Oct. 1-15th.

The “Start-Up” Phase of Wounded Moose Mine

is now complete and ready for a production

increase to ramp up to commercial levels of

1,500 to 4,000 ounces a year or more. The

required capital injection for this volume

production increase would require approximately

$1 million to $3 million.



After 4 years of “bulk sampling”, “hobby mining”,

and development work, this property is now ready

for a major increase in production. Production has

steadily increased, together with return and

profitability.

As this mine is more or less a hobby for the current owner, his mining season starts after the May Long Weekend and ends before Labour Day. The season for most others is from April 1st-15th until Oct. 1-15th.



In this short season, and with older equipment, recently Wounded Moose Mine had a through-put of approximately 1,000 cu. yds. per shift. Due to improvements in feed and other modifications, our production was between .5 and .8 ounces/hour, an increase over previous years.



During only 3 months, the mine produced more than 350 troy ounces, with fuel, wage and miscellaneous expenses of approx. $170,000. In the future, it is anticipated that production will be more than 600 at an approximate 50/50 split between expenses and profit.



The mine has been for sale for several years, but the owner has not been diligently promoting it, as he enjoyed spending summers mining. But now, for age and health reasons, he is MOTIVATED to sell or at least “phase down”.



A down payment of 50% with 25% to follow in each of the next 2 consecutive years would be considered, but only for a purchaser who is financially capable and willing to commit by bringing the upgrade equipment to the property.



Assets and claims of Wounded Moose Mine have been incorporated into the Wounded Moose Mining Co. Inc. and the resulting Corporation is now for sale.

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55 Virgin claims with potential for 91 more in the heart of the historic Klondike Gold Fields

Each claim is 1,000,000 sq.ft. yielding approx. 48,000,000 sq.ft. of mineable property. The difference between theoretical and actual is due to claim overlap

The distance to Dawson city, Yukon, is 85 km South-East with 2 wheel drive road access for the entire mining season.

The ground is almost flat with a gentle slope for easy drainage

This project is ideally suited to a “floating” or “tow behind” type sluice system

These claims have very large watersheds and have an adequate supply of water even during the worst drought conditions

This is almost entirely virgin ground. There is evidence of old time workings (pre WWII) on claims A 16/17/18

* The property borders on an area which was successfully mined when the gold price was $300 per Troy oz.



For more information about the claims included in this sale, please visit

www.yukonminingrecorder.ca mining claims map number, primarily:

115 O 10e

115 O 10a

115 O 10b

115 O 10f

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*all prices are in CDN Dollars