Thistle creek yukon dredge3/16/2024 ![]() Patty, were known to approach mining properties by hiring the services of foremost experts in the fields of geology and mining, including internationally renowned hard rock consulting geologist, Ira B. ![]() The significance of this event is underscored in the biography of McRae, (found at the end) who together with his General Manager, Ernest N. With gold in 1937 at $35/ounce, this would equate to an option value today of over $1 million, (copy of option agreement in Section 7.1 on pages 33-36). Michie continually mined his claims for twenty-three years until 1937, when he optioned the property to one of Canada’s richest industrialist, Alexander D. In 1914, one Scottish miner, Duncan Michie registered a discovery claim on a section of Allgold Creek a mile upstream from Lucky Creek, which quickly expanded to eight placer creek claims, four bench claims and a 1-mile prospect lease in the same watershed. Lucky Creek and Alexander Creek, both upper tributaries of Allgold Creek were mined by various clans of Irishmen and Scotsmen. They soon moved upstream which is still evident today by the remnants of many old cabins perched on the banks of the creeks. From 1898 to 1904 it appears many miners staked placer claims near the mouths and lower sections of Allgold, Toomuchgold, and Leotta creeks. ![]()
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