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Mission
Statement
Chugach
Lands and Resources Department mission is to benefit our shareholders
through sound land management practices, maintain ownership and
control of our lands and resources, and preserve our culture and
heritage.
Chugach
Alaska Corporation (Chugach) is one of the thirteen regional Native
corporations created by the Alaska Native Claims Settlement Act
(ANCSA) as amended by the Alaska National Interest Land Conservation
Act (ANILCA). The Chugach Region comprises some 10 million acres
in South-central Alaska. Chugach is entitled to 928,000 acres, of
which approximately 378,000 acres are full fee entitlement and 550,000
acres of subsurface estate. At this time, Chugach has received 94%
of its total entitlement. Chugach has selected lands that have potential
for economic development including commercial timber land, mineral
estates as well as lands that have potential for tourism, and lands
of cultural and historical importance to the Chugach people.
The
coastal portions of the Chugach region support mixed Sitka Spruce
and Western Hemlock forests. Natural regeneration and short maturation
periods make this renewable resource a strong asset for the corporation
and its shareholders. Chugach employs ecologically sound timber
management strategies and follows the Forest Practices Act, Best
Management Practices, to ensure this resource is available for future
generations.
Historically,
the Chugach region was one of the foremost mining regions in Alaska.
The Beatson mine on Latouche Island and the Ellamar mine near Tatitlek
yielded over 200 million pounds of copper, 52,000 ounces of gold
and 1.7 million ounces of silver before closing down in the 1930s.
In addition to the properties located along the Central VMS Belt,
which hosts both Besshi and Cyprus type deposits, Chugach owns mineralized
property along the southern tip of the Kenai Peninsula, in the Kenai
Fjords, Cordova, the Copper River Valley, and the Gulf Coast.
The
first producing oil wells in Alaska were located at Katalla. From
1902 to 1933, wells at Katalla produced some 155,000 barrels of
oil. The oilfield closed when the refinery burned down on Christmas
Day in 1933. The Katalla field is located on the onshore portion
of the Gulf of Alaska Tertiary Province which attracted major exploratory
interest in the 1950s and 60s followed by offshore exploration
in the 1970s. The technology available today could, once again,
make the area quite attractive to major oil interests and independents
alike. Chugach holds title to over 10,100 acres of oil and gas estate
at Katalla and Preferential Exchange rights to an additional 55,375
acres.
The
Chugach region has some of the most unique and opportune tourism
areas in the state. High mountain vistas, tidewater and alpine glaciers,
deep fjords, protected bays and inlets, abundance of wildlife and
access from major population centers make this region ideally suited
for the tourism industry. Chugach owns lands within and adjacent
to the Chugach National Forest and the Wrangell-St. Elias National
Park. Unique landmarks include some of the largest non-polar glaciers
in the world. The Columbia, Bering and Malaspina Glaciers are all
accessible from Chugachs lands. Mount Saint Elias rises from
the protected waters of Icy Bay to 18,008 feet, the third highest
mountain in North America. A major portion of Chugachs lands
lie within the Prince William Sound, which is well recognized as
a visitors paradise.

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