Paupers Dream

Prospect in Alaska, United States with commodity Gold

Geologic information

Identification information

Deposit ID 10307732
Record type Site
Current site name Paupers Dream

Geographic coordinates

Geographic coordinates: -147.42996, 65.06468 (WGS84)
Relative position The Paupers Dream prospect is located on the divide between Bedrock Creek and Chatham Creek, approximately one-quarter mile southeast of the Cleary Hill mine; NE1/4NW1/4 sec. 30, T. 3 N., R. 2 E., of the Fairbanks Meridian.
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Geographic areas

Country State
United States Alaska


Commodity Importance
Gold Primary

Nearby scientific data

(1) -147.42996, 65.06468

Comments on the geologic information

  • Geologic Description = The Paupers Dream prospect is a north-south trending shear zone which extends from the Paupers Dream claim (MS1639) on the south, through the California claim (MS1639), and onto the Texas claim. Where exposed on the Paupers Dream claim, the shear dips steeply west and has a high sulfide content, primarily as arsenopyrite (Smith, 1913; B 525). Free gold was particularly abundant in weathered portions of the shear zone. This shear trends across the California prospect to the east of the eastern-most shaft on the California prospect (ARDF no. LG121).

Economic information

Economic information about the deposit and operations

Development status Prospect

Comments on exploration

  • Status = Inactive

Mining district

District name Fairbanks

Comments on the workings information

  • Workings / Exploration = Smith (1913, B 525) describes the shear zone of the Paupers Dream prospect as extending through the California and Texas claims, but there is no detailed description of the workings.

Reference information

Links to other databases

Agency Database name Acronym Record ID Notes
USGS Alaska Resource Data File ARDF LG120

Bibliographic references

  • Deposit

    Smith, P.S., 1913, Lode mining near Fairbanks, in Prindle, L.M., A geologic reconnaissance of the Fairbanks quadrangle, Alaska: U.S. Geological Survey Bulletin 525, p. 153-216.

  • Deposit

    Freeman, C.J., 1992, 1991 Golden Summit project final report, volume 2: Historical summary of lode mines and prospects in the Golden Summit project area, Alaska: Avalon Development Corp., 159 p. (Report held by Freegold Recovery Inc. USA, Vancouver, British Columbia.)

Comments on the references

  • Primary Reference = Smith, 1913 (B 525)

General comments

Subject category Comment text
Deposit Model Name = Gold-quartz vein.
Deposit Other Comments = the date of discovery of this prospect is not known however Anthony Goessman began prospecting in the area in 1905. In December of 1908, Mr. Goessman transferred his interest in the Wyoming, Paupers Dream, Texas, Alabama, California, New Year's Fraction, Idaho, Colorado and Apex Fraction claims to the Tanana Quartz and Hydraulic Mining Company (Times Publishing Company, 1912).

Reporter information

Type Date Name Affiliation Comment
Reporter 04-MAY-99 C.J. Freeman, J.R. Guidetti Schaefer Avalon Development Corporation