On September 28th, 2011 the State of Alaska auctioned off 84 sub-sea mining leases in the Bering Sea in the near shore waters around Nome. Our team secured over 3200 acres of these leases, making us the second largest mineral rights leaseholder offshore Nome. We have a long history of gold mining in Alaska. Our current dredge boat, operational since 2004, for many years was the largest offshore dredge in Nome. In 2014 we were the 6th largest dredge boat operating in Nome.