Dawson City mining claims to be auctioned off

They'd be easy to miss in the inventory list for the upcoming Ritchie Brothers' equipment auction in Edmontonwhich is heavy on heavy equipment (thousands of trucks, trailers, hydraulic excavators) but the two items are definitelyodd.

Each consists of a few dozen mining claims deep in Yukon'sKlondike region.

"It is an unusual sale," said Marcel Dulac of Dulac Mining, the company that now owns the claims. 104 are going up for sale one lot of 53, and one lot of 51.

"We had 242 claims, so it was a bit too big of a holdings for us to manage all of the assessment work."

The annualauction in Edmonton is a big deal.Last year's eventsaw about 14,000 bidders from 55 countries bid on about 7,700 items.

It'sa major clearinghouse for mining and construction equipment, and the number of items for sale this year a record 10,300 offer a good illustration of Alberta's current troubles. There's a lot of unused equipment, looking for work.

Dulac believes that means it's a good time to try to sell his unwanted Yukon claims.

"Alot of these private entrepreneurs are looking to other types of businesses to continue doing business.Alot of eyes have turned towards placer mining," he said.

"So the interest is quite high."

Still, the auction is a bit of a gamble forDulac. Hehas no idea what hisclaims might fetch.

"It's an unreserved auction, so prices could go for fivedollars per claim, all the way up to several thousand dollars per claim. But I wouldn't want to take a guess, it's still an auction."

The auction happens in Edmonton over 5 days, April 26 to 30.