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 engaged in the business of acquiring and advancing mineral properties. Its mineral exploration prospects are contained within its Chandalar property, located approximately 190 air miles north of Fairbanks, Alaska. The property is on land owned by the State of Alaska, which is one of the mining jurisdictions in the world. The Chandalar property contains both its Chandalar hard-rock (lode) gold project, its primary target, and the Chandalar alluvial gold mine. The company has a block of contiguous mining claims at Chandalar that cover a net area of about 22,858 acres (approximately 35.7 square miles). The mining claims are located to secure most of the gold-bearing zones occurring within an area of approximately five miles by eight miles. The company owns 426.5 acres as 21 federal lode claims, one patented federal placer claim, and one patented federal mill site. The 23 federal patented claims cover the gold-bearing structures.