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
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Last updated 9/26/2020 at 12:04pm
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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