NovaGold: Advancing Rock Creek
Company plans to spend $5 million this year on Nome-area hard rock deposit, new resource, feasibility study anticipated
Last updated 3/14/2004 at Noon
Developers of the Rock Creek gold deposit near Nome plan to spend $5 million in 2004 to develop the hard rock deposit, with the ultimate goal of gold production starting in 2006.
Vancouver, British Columbia-based NovaGold Resources anticipates releasing a new resource number and geological model later in March, based on last year's 30,000-foot drill program exploration work.
The permit process...
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