AUBURN, Maine — Much to the relief of local ski and snowboard riders, the owners of Lost Valley ski hill announced via Facebook on Friday that it will open for the coming winter.

Connie King, one of Lost Valley’s co-owners, said in an email message more important news about the resort, which will be launching its 55th season, will be announced soon.

There had been some question about the season’s fate after the resort had a rocky start last year.

In June 2014, owners announced they might not be able to open for that coming ski season and said they were facing about $1.6 million in debt.

But after a crowdsourcing campaign and other events organized by local supporters who dubbed themselves Friends of Lost Valley raised about $23,000, the resort opened in January 2015.

“We are excited to say, the slopes WILL be open this winter,” the Facebook post read Friday.

The announcement also said season passes and lesson packages would go on sale on Thursday, Oct. 8, and that more details would be announced soon.

The ski resort first opened in 1961, founded by the late Otto Wallingford and Camille “Doc” Gardner. It’s been the home terrain to such notable skiers as former U.S. Olympian Julie Parisien.