The mining newspaper for Alaska and Canada's North

Arctic feasibility

NovaCopper plans nearly $10M in exploration for 2015 that includes new resource drilling at VMS deposit; budget for Ambler Road seen as 'modest'

NovaCopper Inc. plans to invest roughly US$20 million over the next two to three years on finalizing a feasibility study for its Arctic deposit, the next step toward the exploration company's vision of developing mines at the world-class copper projects found in the Ambler Mining District of Northwest Alaska.

Arctic is the most advanced of the Upper Kobuk Mineral Projects, a venture formed by Nova...


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