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 Rose Ragsdale
For Mining News 

Homestake attracts well-funded partner

Investment opens new vistas for longtime explorer in northwestern British Columbia, while Hecla Mining eyes neighboring project

 

Last updated 1/27/2013 at Noon



In today's difficult financing climate, Homestake Resources Corp. is living the dream of most junior mining companies. Agnico-Eagle Mines Ltd., an aggressive intermediate gold producer, has signed on to pay the bills at the Homestake Ridge project located in northwestern British Columbia in a deal where the gold producer could spending up to C$25.3 million and earn up to a 70 percent interest i...



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