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  3. Mineral Resource Data System (MRDS)

Silver Dollar

Past Producer in Alaska, United States with commodity Gold
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Sections on this page
  1. Identification information
  2. Geographic coordinates
  3. Site location context
  4. Geographic areas
  5. Commodities
  6. Materials information
  7. Alteration
  8. Nearby scientific data
  9. Economic information about the deposit and operations
  10. Mining district
  11. Links to other databases
  12. Bibliographic references
  13. General comments
  14. Reporter information

Geologic information

Identification information

Deposit ID 10002787
MRDS ID A015253
Record type Site
Current site name Silver Dollar
Alternate or previous names Makaich, Radovich
Related records 10135904

Geographic coordinates

Geographic coordinates: -148.05684, 64.8666 (WGS84)
Relative position The Silver Dollar mine is located in the NE1/4 SE1/4 sec. 36, T. 1 N., R. 3 W., Fairbanks Meridian. This mine is on the west side of Ready Bullion Creek; it is at an elevation of about 1,300 feet about 0.9 mile south of the top of Ester Dome. The mine is included in locality 5 of Cobb (1972 [MF 410]).

Site location context

Political divisions (FIPS codes)

Fairbanks North Star(Borough)

Alaska(state)

United States(country)

North America(continent)

Land(continent)

USGS map quadrangles

Fairbanks D-3(quadrangle 1:63,360 scale)

Fairbanks N(quadrangle 1:100,000 scale)

Fairbanks C(quadrangle 1:250,000 scale)

Hydrologic units (watersheds)

Alaska(hydrologic region)

Geographic areas

Country State
United States Alaska

Commodities

Commodity Importance
Gold Primary

Materials information

Materials Type of material
Gold Ore

Alteration

  • (Local) Schist is altered.

Nearby scientific data

(1) -148.05684, 64.8666
ListMap

Economic information

Comments on the geologic information

  • Geologic Description = Gold has been mined from a quartz vein that strikes N. 30 E. and dips 68 SE (Hill, 1933, p. 127). This 5-foot-wide vein consists mainly of crushed quartz with some altered schist. A sample across the full width of the vein assayed $9.63 in gold per ton (about 0.46 ounce of gold per ton). When visited by Hill in 1931, there was about 10 tons of ore left on the dump, a grab sample of which assayed $74.76 in gold per ton (about 3.6 ounces of gold per ton). By 1931, about $4,000 worth of gold (about 193 ounces of gold) was mined from the shaft and tunnel at an elevation of about 1,300 feet or about 150 feet above the creek. Southwest of the upper tunnel there were several shallow shafts, all of which were caved when visited by Hill in 1931. For a discussion of the Silver Dollar/Ready Bullion prospect explored in the 1990's by Placer Dome Exploration, Inc., see the Ready Bullion prospect (FB024).

Economic information about the deposit and operations

Development status Past Producer
Commodity type Metallic

Comments on exploration

  • Status = Inactive

Mining district

District name Fairbanks

Comments on the production information

  • Production Notes = By 1931, about $4,000 worth of gold (about 193.5 ounces of gold) had been mined (Hill, 1933, p. 127).

Comments on the reserve resource information

  • Reserves = Silverado Gold Mines, Ltd. reported a probable resource of 1,232,636 ounces of gold on their Ready Bullion/Silver Dollar property (Silverado Gold Mines, Ltd., Ester Dome project web site, February 17, 2000; http://www.silverado.com). This property includes this site and the Ready Bullion mine (FB024).

Comments on the workings information

  • Workings / Exploration = By 1931, about $4,000 worth of gold (about 193.5 ounces) was mined from the shaft and tunnel, which are at an elevation of about 1,300 feet or about 150 feet above the creek (Hill, 1933, p. 127). Southwest of the upper tunnel there were several shallow shafts, all of which were caved when visited by Hill in 1931. A tunnel started from a point near the creek level was driven S. 65 W. for 515 feet (Hill, 1933, p. 128).

Reference information

Bibliographic references

  • Deposit

    Hill, J.M., 1933, Lode deposits of the Fairbanks District, Alaska: U.S. Geological Survey Bulletin 849-B, p. 29-163.

  • Deposit

    Chapman, R.M., and Foster, R.L., 1969, Lode mines and prospects in the Fairbanks district, Alaska: U.S. Geological Survey Professional Paper 625-D, 25 p., 1 plate.

  • Deposit

    Cobb, E.H., 1972, Metallic mineral resources map of the Fairbanks quadrangle, Alaska: U.S. Geological Survey Miscellaneous Field Studies Map MF-410, 1 sheet, scale 1:250,000.

  • Deposit

    Cobb, E.H., 1976, Summary of references to mineral occurrences (other than mineral fuels and construction materials) in the Fairbanks quadrangle, Alaska: U.S. Geological Survey Open-File Report 76-662, 174 p.

Comments on the references

  • Primary Reference = Hill, 1933

General comments

Subject category Comment text
Deposit Model Name = Schist-hosted gold-quartz vein

Reporter information

Type Date Name Affiliation Comment
Reporter 31-JUL-2001 J.R. Guidetti Schaefer Avalon Development Corporation
Reporter 31-JUL-2001 C.J. Freeman Avalon Development Corporation

Beyond USGS

Supplemental information added by qvyshift.com. Not part of the original USGS MRDS record.

Maps centered on this site

Authoritative Alaska resources

These are landing pages for further research — the state agencies don't currently expose per-mine deep links.