The Fair Chance is a gold mine located in Alaska.
About the MRDS Data:
All mine locations were obtained from the USGS Mineral Resources Data System. The locations and other information in this database have not been verified for accuracy. It should be assumed that all mines are on private property.
Mine Info
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Fair Chance MRDS details
Site Name
Primary: Fair Chance
Secondary: Frisco
Secondary: McGlove
Secondary: Miller and O'Connor
Secondary: Star Crystal
Secondary: Stay and Company
Commodity
Primary: Gold
Location
State: Alaska
District: Fairbanks
Land Status
Not available
Holdings
Not available
Workings
Not available
Ownership
Not available
Production
Not available
Deposit
Record Type: Site
Operation Category: Past Producer
Operation Type: Unknown
Years of Production:
Organization:
Significant:
Physiography
Not available
Mineral Deposit Model
Not available
Orebody
Not available
Structure
Not available
Alterations
Not available
Rocks
Not available
Analytical Data
Not available
Materials
Ore: Gold
Comments
Comment (Exploration): Status = Inactive
Comment (Reference): Primary Reference = Hill, 1933
Comment (Production): Production Notes = In 1930, forty tons of ore were mined and milled, with disappointing results (Hill, 1933, p. 139).
Comment (Workings): Workings / Exploration = In 1914, the mineralized zone was opened by a shaft with drifts at the 18-foot and 40-foot levels (Chapin, 1914 [B 592-J, p. 321-355]). By 1931, three shafts about 50 feet apart were reported (Hill, 1933, p. 139).
Comment (Geology): Geologic Description = Considerable free gold is found at the Fair Chance mine n a mineralized zone that consists of crushed quartz mixed with blue gouge, crushed schist, and crushed quartzite (Chapin, 1914 [B 592-J, p. 3321-355]). This mineralized zone was opened by a shaft with drifts at the 18-foot and 40-foot levels. On the 40-foot level, the main mineralized zone is cut off by a fault that is oriented N. 30 E., 70 SE. Initial reports described the mineralized zone as dipping steeply to the southeast (Chapin, 1914B 592-J, p. 321-355]); however, later reports indicate the zone was oriented N. 20 E. with a dip of 60 degreess to the west (Hill, 1933, p. 139). By 1931, three shafts, about 50 feet apart, were reported (Hill, 1933, p. 139). Forty tons of ore were mined and milled in 1930, with disappointing results (Hill, 1933, p. 139). One grab sample assayed $5.95 in gold per ton (about 0.29 ounce of gold per ton) (Hill, 1933, p. 139). In 1931, on the nearby Blue Bird claim, a tunnel was driven to intersect what is probably the same zone as is found at the Fair Chance mine (Hill, 1933, p. 139).
Comment (Deposit): Model Name = Schist-hosted gold-quartz vein
References
Reference (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.
Reference (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.
Reference (Deposit): Chapin, Theodore, 1914, Lode mining near Fairbanks, Alaska: U.S. Geological Survey Bulletin 592-J, p. 321-355.
Reference (Deposit): Eakin, H.M., 1915, Placer mining in Seward Peninsula: U.S. Geological Survey Bulletin 622-I, p. 366-373.
Reference (Deposit): Hill, J.M., 1933, Lode deposits of the Fairbanks District, Alaska: U.S. Geological Survey Bulletin 849-B, p. 29-163.
Reference (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.
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