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

By Shane Lasley
Mining News 

Alaska Future Fund invests $10M in CORE

Funds will further AK gold exploration, development projects North of 60 Mining News – June 25, 2021

 

Last updated 7/29/2021 at 3:34pm

Contango ORE Manh Choh Kinross Gold CORE Alaska mine Tetlin tribe Barings

Contango ORE Inc.

The Peak Gold joint venture between Kinross Gold (70%) and Contango ORE (30%) is carrying out an $18 million work program on the Manh Choh gold mine project in Alaska.

Contango ORE Inc. June 21 announced that it has raised US$10.9 million to fund its share of exploration and development of Manh Choh, a 1.2-million-ounce gold mine project in eastern Alaska being explored and developed in partnership with Kinross Gold Corp., as well as exploration on three other gold properties wholly owned by CORE.

The financing involved the issuance of 523,809 CORE shares at...



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