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.
The mine will be open for public tours Saturday and Sunday afternoons beginning August 24, lasting into the fall and winter as weather permits.
There seem to be two possibilities for the future of this disease and either way there will be an effect on the price of gold.
Even with the decades of mining and exploration, much of the Comstock is still underdeveloped and its potential not fully tapped.
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.
Alaska is in the midst of assessing its rare-earth resources, an effort pushed by Governor Sean Parnell, who sees them as another example of where the US is reliant on foreign sources to meet its needs.
In some ways, silver is the forgotten precious metal because it straddles both the world of precious metals and jewelry, while having many important industrial applications like a base metal. The price of silver reflects both the precious metal investment demand as well as the industrial demand.
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