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
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Last updated 9/25/2020 at 5:36am
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 to...
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