How much gold is said to be left in Alaska?



  1. 0 Votes

    Alaska remains relatively unexplored, so much of its possible gold is unknown. Nevada produces far, far more gold today than does Alaska. The link indicates some of the known Alaskan gold prospects, a few of which include reserve estimates, some of which are as much as 30 million ounces.

    Whether or not any mineral can be considered a “reserve” depends on the price of the commodity; with gold today (Sept 2011) at near record prices, the amount of any reserves in the ground anywhere will be much more than it was say, 10 years ago when the price was much lower, even though the actual volume would be the same (minus any production).

    Total US gold reserves, including Alaska, amount to about 6% of world gold reserves.

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