North of 60 Mining News - The mining newspaper for Alaska and Canada's North

By Shane Lasley
Mining News 

Lucky Shot gold mine plan misses target

Developers sign deed over to financer after Gold Torrent fails to sell shares; future of Alaska gold mine project in question North of 60 Mining News – July 1, 2018

 

Last updated 9/25/2020 at 5:36am

Willow Creek Mining District underground gold mine Gold Torrent, Miranda

Shane Lasley

An ore car sits outside a portal from pre-World War II mining of the high-grade gold veins at the Lucky Shot Mine in the historic Hatcher Pass region of Southcentral Alaska.

Development of the high-grade Lucky Shot gold mine near Willow Alaska has been suspended and the future of the project is up to the Singapore-based equity firm that is the new owner.

In a June 6 announcement, Miranda Gold Corp. reported that Gold Torrent Inc., the Idaho-based company seeking to develop a small but high-grade mine at Lucky Shot, had failed to complete a share financing required...



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