Goldrich Mining Co. Stock Analysis GRMC

Goldrich Mining Co. is an exploration stage company, which engages in the acquisition and exploration of mineral properties, primarily those containing gold and associated base and precious metals. The company is headquartered in Spokane, Washington and currently employs 2 full-time employees. The firm is focused on developing the Chandalar gold district in Alaska, United States of America. The firm controls a land package spanning 23,000 acres of prospective gold targets and historic mines. Its primary focus is on the discovery of a tier-one lode gold deposit while working to monetize its significant placer asset. The Chandalar district is located in north-central Alaska, which is considered a tier-one jurisdiction worldwide and host to multiple world-class gold mines and deposits, including the Fort Knox mine (7Moz), Donlin Creek deposit (39Moz) and Pebble deposit (70 Moz). The Chandalar district is located 190 miles north of Fairbanks, Alaska; substantial infrastructure in place including 75-person camp, placer wash plant, heavy equipment, 1.3-kilometer airstrip, and 45 kilometer network of roads.