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Pebble Partnership copper gold molybdenum mine project Alaska Northern Dynasty NAK NDM

By Shane Lasley
North of 60 Mining News 

Australian junior looks north to Alaska

Australian Mineral Fields agrees to spend $3 million to explore high-grade gold property near Tok; plans to apply Down Under model

 

Last updated 10/26/2008 at Noon



Australian Mineral Fields Ltd. has signed an agreement with Alaska-based Tushtena Resources Inc. that grants the Perth-based junior the right to acquire up to an 85 percent stake in the Tushtena gold project 20 miles west-southwest of Tok.

The Australian junior can earn 80 percent interest in the Tushtena project by spending $3 million within five years. The company also can increase its stake...



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