Dividend Prospect, Juneau Mining District, Juneau, Alaska, USAi

Regional Level Types
Dividend Prospect	Prospect
Juneau Mining District	Mining District
Juneau	City Borough
Alaska	State
USA	Country

Location: The Dividend prospect is at an elevation of about 1,300 feet, on the southeast wall of Yankee Basin. It is in the NE1/4NW1/4 section 14, T. 38 S., R. 64 E. of the Copper River Meridian. The location is accurate within 1/4 mile.
Geology: The Dividend prospect is in northwest-trending, intercalated black phyllite and greenstone (Redman and others, 1989). The deposit consists of discontinuous quartz lenses and quartz-stringer veins in sheared black phyllite. The quartz contains arsenopyrite, galena, pyrite, and native gold. The stringer zones are up to 10 feet thick, and the stringers vary from 1 inch to 1 foot thick. U.S. Bureau of Mines samples contained up to 6.4 ppm gold (Redman and others, 1989). The prospect area was explored by Houston Oil and Minerals in 1985. The deposit was discovered in 1903 and developed by the so-called Standard crosscut, a 1,100-foot adit (that was reopened by Houston Oil and Minerals in 1985), another short crosscut, 2 shafts, and some trenches (Redman and others, 1989). This prospect is in the Juneau Gold Belt, which consists of more than 200 gold-quartz-vein deposits that have produced nearly 7 million ounces of gold. These gold-bearing mesothermal quartz vein systems form a zone 160 km long by 5 to 8 km wide along the western margin of the Coast Mountains. The vein systems are in or near shear zones adjacent to west-verging, mid-Cretaceous thrust faults. The veins are hosted by diverse, variably metamorphosed, sedimentary, volcanic, and intrusive rocks. From the Coast Mountains batholith westward, the host rocks include mixed metasedimentary and metavolcanic sequences of Carboniferous and older, Permian and Triassic, and Jurassic-Cretaceous age. The sequences are juxtaposed along mid-Cretaceous thrust faults (Miller and others, 1994). The sequences are intruded by mid-Cretaceous to middle Eocene plutons, mainly diorite, tonalite, granodiorite, quartz monzonite, and granite. Sheetlike tonalite plutons emplaced just east of the Juneau Gold Belt and undeformed granite and granodiorite bodies that are emplaced farther to the east are between 55 and 48 Ma (Gehrels and others, 1991). The structural grain of the belt is defined by northwest-striking, moderately to steeply northeast-dipping, penetrative foliation that developed between Cretaceous and Eocene time (Miller and others, 1994). The majority of the veins in the Juneau Gold Belt strike northwest. Isotopic dates indicate that the auriferous veins in the Juneau Gold Belt formed between 56 and 55 Ma (Miller and others, 1994; Goldfarb and others, 1997).
Workings: The prospect was explored by Houston Oil and Minerals in 1985. The deposit was discovered in 1903 and developed by the so-called Standard crosscut, an 1,100-foot adit (that was reopened by Houston Oil and Minerals in 1985), another short crosscut, 2 shafts, and some trenches (Redman and others, 1989).
Age: Isotopic dates indicate that the auriferous veins in the Juneau Gold Belt formed between 56 and 55 Ma (Miller and others, 1994; Goldfarb and others, 1997).

Commodities (Major) - Au; (Minor) - Pb
Development Status: None
Deposit Model: Low-sulfide Au-quartz vein (Cox and Singer, 1986; model 36a)

Other Databases

Link to USGS - Alaska:	JU086

Other Regions, Features and Areas containing this locality

References