North of 60 Mining News - The mining newspaper for Alaska and Canada's North

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

By Shane Lasley
Mining News 

Goldrich, Nyac join forces at Chandalar

Lifelong Alaskan contributes placer mining expertise, US$8.5 million to JV; junior brings gold-rich alluvial deposits to venture

 

Last updated 4/29/2012 at Noon



NyacAU LLC and Goldrich Mining Co. inked a deal in early April to create a joint-venture company to mine rich alluvial gold deposits that blanket the valleys of the vast Chandalar land package some 200 miles (320 kilometers) north of Fairbanks, Alaska.

Goldrich brings to the newly formed partnership the placer potential of the 22,840-acre Chandalar Mining District, including a quarter-million-...



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