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

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By Shane Lasley
Mining News 

Financial robust Arctic Mine confirmed

Study details feasibility of developing Northwest Alaska mine North of 60 Mining News – August 21, 2020

 

Last updated 9/26/2020 at 3:18pm

Copter hovers near drill at Arctic mine project Ambler mining district

R Walker

A helicopter approaches during the 2007 drill program at Arctic, a high-grade VMS deposit in Alaska's Ambler Mining District rich in copper, zinc, lead, gold, and silver.

A feasibility study for developing a mine at the world-class Arctic deposit in Alaska's Ambler Mining District details a financially robust operation that would produce 1.9 billion pounds of copper, 2.3 billion lb of zinc, 388 million lb of lead, 386,000 ounces of gold, and 40.6 million oz of silver over an initial 12-year mine life.

While high-grade volcanogenic massive sulfide deposits such a...



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