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.
Gold and jade are actually only minor mineral resources for the Northwestern Alaska region as a whole. Modern prospecting has focused more on base metal than precious metal resources.
It is not necessary to have a PhD in geology, but you need to know the basics, so that’s what I am going to try to dig into here—the understandable basics of these gigantic gold deposits.
“We feel that we can clean up an area that has been abandoned after 100 years of mining,” Lyon said.
My partner had the contacts and it wasn’t long before we had an agreement in place and the company had a geologist on site. I recall a time when he was getting the lay of the land, so to speak, and he broke off a rock sample and inspected it with his magnifier.
After a host of companies spent 20 years prospecting, a mining firm is ready to make a play on the $2 billion lode of gold sitting in Eastern Oregon.
…2017 was just the first year with a small increase after a huge drop off in exploration activity. It may take many years of future increases to get back to where the activity was in 2012, as projected increases in exploration spending are seen to be slow and steady.
Several nations around the world are working diligently to make their countries more attractive to resource development as a means of improving economic development. One such nation is Cambodia, located west of Vietnam, south of Laos and due east of Thailand.
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