Bonanza #1

Prospect, Probably inactive

Commodities and mineralogy

Other commodities Hg
Gangue minerals quartz

Geographic location

Quadrangle map, 1:250,000-scale PA
Quadrangle map, 1:63,360-scale D-4
Latitude 56.98276
Longitude -135.11878
Nearby scientific data Find additional scientific data near this location
Location and accuracy The Bonanza #1 prospect is about 0.9 mile east-southeast of Arguello Island at the head of Silver Bay. The prospect is about 0.3 mile west-southwest of the center of section 29, T. 56 S., R. 65 E.

Geologic setting

Geologic description

This deposit is one of many of similar deposits (PA002 to PA018) scattered over an area of about 6 square miles at the head of Silver Bay (Bittenbender and others, 1999). The deposits are gold-quartz veins with sparse sulfides, usually only pyrite and arsenopyrite. Samples that have been analyzed with modern methods usually show anomalous arsenic even if arsenopyrite is not identified in the rocks, and several parts per million mercury. The veins are often parallel to the bedding of the host rock which is graywacke and argillite of the Sitka Graywacke of Cretaceous age (Loney and others, 1975). Many of the so-called veins in the early literature are actually fault zones with lenses of quartz or concentrations of quartz stringers along the fault zone. Prospecting began in the area in 1871. The Stewart Mine (PA012) was located in 1872 and it was the first lode-gold mine in Alaska. The Silver Bay area has been prospected intermittently to the present but the veins are relatively small and most are low grade. The area has produced relatively little gold, many of the properties have not been active since before 1900, and there has been no production since the early 1940s.
Little is known of the history of the Bonanza No. 1 prospect other than that it was shown on a 1940s map of the Edgecumbe Exploration Company. Bittenbender and others (1999, fig. 17) located a 105-foot adit that was driven along a fault zone in black slate and graywacke. They sampled scattered quartz stringers in the adit, but none had significant metal values except for one sample that contained more than 11 parts per million mercury.
Geologic map unit (-135.12054375613, 56.9823942719002)
Mineral deposit model Quartz vein with anomalous mercury.
Age of mineralization Cretaceous or younger based on the age of the host rocks.

Production and reserves

Workings or exploration A 105-foot adit of uncertain age.
Indication of production None
Reserve estimates None.



Bittenbender, P., Still, J.C., Maas, K., and McDonald, M., Jr., 1999, Mineral resources of the Chichagof and Baranof Islands area, southeast Alaska: Bureau of Land Management, BLM-Alaska Technical Report 19, 222 p.
Reporters Donald J. Grybeck (U.S. Geological Survey)
Last report date 2-Jan-05