Astra Gold
About Us
Astra Gold is a private Australian company progressing a high-margin low cost placer gold project in Alaska. One of the world’s most politically stable and mining-friendly jurisdictions.
Our team is led by globally recognised experts in placer gold and large-scale mining operations. With decades of combined experience across successful international projects, we’ve assembled world-class technical and operational talent to guide this venture from early-stage production through to expansion.
We are focused on responsibly developing an extensive gold-bearing gravel system in the Chandalar region, leveraging proven methods for low-impact, chemical-free gold recovery.
Actual Placer Gold Extracted from Astra's mining claims.
Unlocking Alaska’s Untapped Placer Gold Opportunity
Investment Highlights
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Efficient Recovery: Preliminary modelling indicates potential operating costs of under US$600/oz
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Low-impact processing: Gravity and water-based extraction—no chemicals required
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Initial scale: Small-scale development scenario could potentially generate net revenues of ~US$5M per annum from a US$5M initial capital investment*
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Scalable opportunity: Based on current scoping study (500,000 ounces), an expanded operation may target annual net cash flow of ~US$60M from an estimated US$60M investment, with potential exploration upside beyond 3 million ounces*
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Rapid development: Approvals and permitting pathways allow for potential positive cashflow within 18 months*
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ESG-aligned: Environmentally conscious process with minimal surface disturbance
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Tier-1 jurisdiction: Operating in Alaska, USA, with a stable regulatory and permitting framework
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Clear tenure: No identified native title or land use conflicts over the project area
* All projections are based on current assumptions and preliminary studies. Actual results may differ materially due to exploration outcomes, permitting, capital requirements, market conditions, and operational factors. Nothing on this website constitutes financial advice or an offer to invest.
The Project
Astra Gold’s flagship project is located in the Chandalar mining district in Alaska. The area hosts a mix of coarse and fine alluvial gold, historically underexplored due to its remoteness, providing a significant first-mover advantage.
Phase 1
Pre-Production Phase:
Focussed on preparing sites for operational deployment, establishing access route and securing additional permits.
Phase 2
Small-Scale Production:
Initiating low-impact production to generate early revenue, de-risk the project, and fund further development.
Phase 3
Expansion Phase:
Scaling operations with a larger plant to boost throughput and maximise long-term production potential.
Why Placer Gold?
Placer gold refers to free gold that has eroded from rock and settled in creek beds and ancient river systems. It occurs as flakes, fine particles, or nuggets, and can be recovered without the need for crushing or chemicals.
Unlike hard rock mining, which is extremely capital intensive, placer operations use only water and gravity to separate gold from gravel. This makes it one of the least capital intensive forms of gold extraction, with minimal environmental impact.
Placer mining also offers low cost and simpler capital equipment faster permitting and simpler infrastructure, enabling quicker development timelines and earlier cashflow.
Nearly half of all gold mined in Alaska has come from placer deposits, making it a proven, scalable approach, especially in remote and underexplored regions like the Chandalar District.
Project Location
The Astra Gold project spans 84 km² within Alaska’s Chandalar mining district, a region with a long-standing history of gold production and supportive mining regulation. The area is characterised by broad alluvial valleys, gentle terrain, and year-round freshwater sources, making it ideal for efficient and environmentally responsible placer operations.
Importantly, the project sits on state-managed land with no native title or land-use conflicts. The region benefits from clear regulatory pathways, expedited permitting processes, and a pro-mining environment, along with a climate that supports a defined but workable seasonal operating window.
This location offers a rare combination of geological potential, permitting simplicity, and low environmental sensitivity positioning Astra Gold for streamlined development and scalable growth.
Our Alaskan Terrain
Our claims cover a vast stretch of underexplored ground in Alaska’s gold-rich interior. The photos below offer a glimpse of the terrain from river channels and gravel benches to broader geological features where we’re focused on unlocking high-margin placer gold potential.
Click on image to expand gallery.