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

Pebble Partnership copper gold molybdenum mine project Alaska Northern Dynasty NAK NDM

Peak Gold sale ends, exploration revs up

 

Last updated 9/26/2019 at 7:23pm

Contango Ore Tok Alaska Tetlin Village

Shane Lasley

Core from a 4.5-meter section of skarn mineralization encountered during 2012 drilling at the Main Peak Gold deposit that averaged 68 grams per metric ton gold, 10 g/t silver and 0.36 percent copper.

Contango ORE Inc. June 11 announced that the sales process for the Peak Gold joint venture has concluded without identifying a buyer for the partnership that owns the high-grade Peak Gold project in Interior Alaska.

Two adjacent skarn deposits at Peak Gold – Main Peak and North Peak – host 9.2 million metric tons of measured and indicated resources averaging 4.08 grams per metric ton (1.21...



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