NovaCopper regroups, resamples Bornite
Following two years of robust exploration, company scales back; large shareholders fund 2014 program, seek to trim corporate G&A
Last updated 8/31/2014 at Noon
Indicative of the state of mineral exploration in Alaska, and around the world, no drills are turning at NovaCopper's Upper Kobuk Mineral Projects in 2014. Instead, crews crated up 12,918 meters of core from historical drilling at the northern Alaska project and shipped it to Fairbanks where it can more economically be re-logged and readied for re-sampling.
At an expected cost of around US$2.7 mil...
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