Mining Explorers 2012: Alaska exploration takes a hit

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Mining Explorers 2012: Alaska exploration takes a hit

Down but not out, a number of juniors fund drill programs across state

Last updated 11/11/2012 at Noon

Ending a streak of robust growth, mineral exploration spending in Alaska during 2012 took a downward turn from the record US$300 million spent a year earlier.

"More advanced-stage projects that added ounces or pounds to their resource base had a better go of it than early-stage exploration projects which have taken a hard right cross to the jaw!" Curt Freeman, a well-known Alaska geologist and...

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