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 

Niblack garners financial, local support

Securing a C$4.4M financing, Heatherdale launches exploration at SE Alaska VMS project; eyes Ketchikan-area sites to set up mill


Last updated 7/29/2012 at Noon

Despite owning a Pacific Rim deposit of gold, copper, zinc and silver worth some US$1.44 billion, Heatherdale Resources Ltd. has not completely escaped the financial paralysis gripping the junior mining sector.

While the value of Heatherdale's stake of the Niblack project has nearly doubled over the past year, its share price has plunged some 75 percent.

Notwithstanding, the Hunter Dickinson-...

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