The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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Excited about the robust economics outlined in a preliminary economic assessment finalized in October, Peak Gold partners – Contango ORE Inc. (60 percent) and Royal Gold Inc. (40 percent) are now looking at the potential of bringing on a partner to advance their high-grade gold deposit in eastern Alaska toward development. "We are at a point I think where it would be healthy to have somebody else come in and move the project forward with their skill set," Royal Gold P...
The verdict is in – the economics of developing an open-pit mine at Peak Gold look tantalizing and Royal Gold Inc. is committed to being involved with this Eastern Interior Alaska gold-silver project for the long haul. Discovered by Contango ORE Inc. in 2009, the Peak Gold project hosts two skarn deposits – Main Peak and North Peak – on an underexplored property that covers roughly 850,000 acres west and south of Tok, a crossroads town on the Alaska Highway. A preli...
When it comes to mineral exploration incentives, currency exchange and infrastructure, Alaska is at a disadvantage in the realm of attracting exploration investments from Canada and Australia, countries that are home to the majority of mining companies. The Far North State's vast and underexplored mineral potential, however, trumps these handicaps in the minds of a growing number of miners and mineral explorers. Mining executives from around the globe perennially rank Alaska...
Peak Gold, a joint venture between Contango ORE Inc. (60 percent) and Royal Gold Inc. (40 percent), is beginning to investigate the economics of mining the gold-rich Peak and North Peak skarn deposits that it has outlined at Peak Gold (formerly Tetlin), an extensive land package near the crossroads town of Tok in Alaska's Eastern Interior. The 2018 program also includes exploring for new skarn deposits near the Peak deposits, as well as evaluating the potential for porphyry...
