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Silver Dollar mine (Makaich mine; Radovich Mine), Fairbanks Mining District, Fairbanks North Star Borough, Alaska, USAi
Regional Level Types
Silver Dollar mine (Makaich mine; Radovich Mine)Mine
Fairbanks Mining DistrictMining District
Fairbanks North Star BoroughBorough
AlaskaState
USACountry

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Latitude & Longitude (WGS84):
64° 52' 0'' North , 148° 3' 14'' West
Latitude & Longitude (decimal):
Type:
Köppen climate type:
Nearest Settlements:
PlacePopulationDistance
Ester2,422 (2011)2.9km
College12,964 (2011)11.9km
South Van Horn558 (2017)14.1km
Fairbanks32,325 (2017)16.3km
Farmers Loop4,853 (2017)17.4km
Mindat Locality ID:
199944
Long-form identifier:
mindat:1:2:199944:3
GUID (UUID V4):
0


Location: 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]).
Geology: 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).
Workings: 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).
Alteration: Schist is altered.
Production: By 1931, about $4,000 worth of gold (about 193.5 ounces of gold) had been mined (Hill, 1933, p. 127).
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).

Commodities (Major) - Au
Development Status: Yes; small
Deposit Model: Schist-hosted gold-quartz vein

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Standard Detailed Gallery Strunz Chemical Elements

Commodity List

This is a list of exploitable or exploited mineral commodities recorded at this locality.


Mineral List


1 valid mineral.

Gallery:

List of minerals arranged by Strunz 10th Edition classification

Group 1 - Elements
Gold1.AA.05Au

List of minerals for each chemical element

AuGold
Au GoldAu

Other Databases

Link to USGS - Alaska:FB021

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