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By Shane Lasley
Mining News 

South32 to fund more Shorty Creek drilling

To invest roughly US$2M to further explore copper potential North of 60 Mining News – February 21, 2020

 

Last updated 9/26/2020 at 12:04pm

Core from drilling at Short Creek copper gold silver tungsten exploration Alaska

Freegold Ventures Ltd.

Core from a 2018 hole drilled at Shorty Creek that cut 442.4 meters averaging 0.22% copper, 0.13 g/t gold, 4.03 g/t silver and 0.02% tungsten trioxide.

Freegold Ventures Ltd. Jan. 19 announced that South32 Ltd. has agreed to fund at least US$2 million of exploration at the Shorty Creek porphyry copper project in Interior Alaska this year.

Early last year, South32 entered into an option agreement with Freegold to acquire 70% interest in Shorty Creek for US$30 million, less any money the Australia-based major invested in exploring the promising...



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