Who Is The Owner Of The Tomcod Claim?
Shawn Pomrenke also known as Mr. Gold is not the sole owner of Tomcod Claim. It is a large area divided into several leases.
Following the auction, Ken Kerr of California, David Young and Michael Berry of Colorado, Dave McCully, and investor Robert Salna became the principal owner of Tomcod. Ken is a major investment company Alaska Gold Mining, LLC shareholder.
Later Shawn Pomrenke and his father joined the picture. They always dreamed of mining gold, and they realized their dream when they put together Cristina Rose.
The area is regulated for lease by Alaskan state authority. The leases generally have a life span of 10 years and are given up in auctions.
The last known auction was held in 2012, just around Bering Sea Gold started, according to the Reddit community Bering Sea Gold.
Now, Shawn is one of the major players in the mining field. He owns about half the lease claims in the Tomcod area.
The other half is owned by the Alaska Gold Mining company and its shareholders. The Kellys mine for the investment group.
Since both are not 100% owners of Tomcod, they have to share the area. They are also authorized to allow offshore miners to work the lease. Similarly, they can receive royalties from their work, as per Bering Sea Pay Dirt.
Besides the show's cast, a lot of guys who are not featured on the show work on Tomcod. Some work under Shawn's authorization, and the rest under McCully and Ken.