Juneau mining district (oz) gold, 1.9 million oz silver, and 40 million lbs lead. Since the late 1970s, with gold prices rising to $600-$800 an oz many claims were staked again. Old prospects and mines were reexamined but did proceed further than that. It was only in 1985, that efforts were made to reestablish the old great Alaska Juneau Mine. The yield from the Mines in the Juneau Gold Belt during the period 1880-83 was worth $157,000,000 from 6.7 million oz gold, 3.1 million oz silver, and 45 million lbs lead. Since 1985, many mining establishments are examining possibilities of restarting some of
Juneau mining district Inlet to Holkam Bay. French Canadian prospector Pierre Erussard, known as "French Pete," found gold on Douglas Island, across Gastineau Channel from Juneau. A consortium led by John Treadwell, a carpenter from California, purchased the claims and adjoining gold-bearing land. The resulting mine/mill complex produced more than 3 million troy ounces (93 tonnes) of gold before closing in 1922. The underground Kensington hardrock mine is approximately north of Juneau. The mine site is within the City and Borough of Juneau and the Tongass National Forest. Development and ore production occurred at the Kensington mine site from 1897 through 1938. The