The Goldpanners play their home games at Growden Memorial Park in Fairbanks, Alaska, United States.

Like other amateur collegiate summer baseball teams, the Goldpanners operate in a similar manner to professional minor league organizations: playing a nightly schedule, using wooden bats, and with lengthy road trips facing advanced competition.

Due to Fairbanks' isolated location, the Goldpanners often play teams from the rest of Alaska and the West Coast of the Lower 48.

In 1967, the Goldpanners were in the inaugural Western Baseball Association with the Humboldt Crabs, Grand Junction Eagles, Bellingham Bells, and the Santa Rosa Rosebuds.

From 1970 to 1972, the Goldpanners were a member of the Big West Conference, along with the Crabs, Eagles, Bells, and the Anchorage Glacier Pilots.