Southwest Alaska Gold Project Progresses
January 2012 by Becky BohrerNovaGold Resources Inc. announced that a gold prospect in southwest Alaska is ready to advance to permitting.
Few areas of the world have a mining history comparable to Canada’s Yukon Territory thanks to the fabled Klondike Gold Rush, which took place from the late 1890s into the early years of the Twentieth Century. Tens of thousands of prospectors and treasure hunters poured into the Territory following the discovery of placer gold...
The $800 million project will provide 300 jobs during production. It will be the only US mine where nickel is the primary targeted mineral, with about 360 million pounds to be extracted.
Manderfield’s ruling opens the way for Kennecott Eagle to begin blasting. The company has declined to say when it will start. A spokeswoman said drilling would begin “in the coming weeks".
This adit will be nearly 3.5 miles long when it reaches the ore zone.
The burning question I needed answered was why didn’t the deposit ever get mined of at least one of the valuable minerals? A couple of reasons have come to light.
We sent them a lot of information, including my presentation about the area and its potential. We were excited to learn a couple weeks later that the company was interested in the property.
The Bawl Mill • Good Assays and Bad • Where to Find Gold in Indiana—Part II • Who is a Qualified Person? • Time Well Spent • Reality of the Klondike • NWMA Show • River Dredging vs. Creek Dredging—Part II • Pot Hole Gold • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices