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

North of 60 Mining News - Mining Business directory

Fire delayed Shorty Creek drilling begins

North of 60 Mining News – August 16, 2019

 

Last updated 9/26/2020 at 5:24am

Alaska porphyry project draws South32 interest investment

Freegold Ventures Ltd.

Core from a hole drilled at the Shorty Creek property in Interior Alaska during 2018. This hole cut 442.4 meters averaging 0.22 percent copper, 0.13 g/t gold, 4.03 g/t silver and 0.02 percent tungsten trioxide.

Freegold Ventures Ltd. announced the start of a roughly 2,000-meter drill program at Shorty Creek, a porphyry gold-copper project about 75 miles northwest of Fairbanks.

This drilling is being funded by a wholly owned subsidiary of South32 Ltd., which entered into an option agreement with Freegold Ventures to acquire 70 percent interest in Shorty Creek for US$30 million, less any money the Austr...



For access to this article please sign in or subscribe.






 

Reader Comments
(0)

 
 

Our Family of Publications Includes:

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2020

Rendered 10/25/2020 21:35