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

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By Shane Lasley
Mining News 

Mining partner coming to Peak Gold?

Royal Gold, Contango ORE indicate a deal could come soon North of 60 Mining News – November 16, 2018

 

Last updated 9/25/2020 at 7:23am

Royal Gold Contango Ore seek partner to mine Peak Gold project near Tok

Avalon Development Corp.

Avalon Development President Curt Freeman explains the geology of the Main and North Peak skarn deposits on the road accessible Peak Gold project near Tok, Alaska.

Excited about the robust economics outlined in a preliminary economic assessment finalized in October, Peak Gold partners – Contango ORE Inc. (60 percent) and Royal Gold Inc. (40 percent) are now looking at the potential of bringing on a partner to advance their high-grade gold deposit in eastern Alaska toward development.

"We are at a point I think where it would be healthy to have somebody...



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