By Shane Lasley
Mining News
New Aussie mineral explorer enters Alaska
Ragusa acquiring large gold project near Estelle and Whistler North of 60 Mining News – July 16, 2021
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Last updated 7/22/2021 at 4:50pm
Shane Lasley
Rock samples collected from Monte Cristo in 2010 assayed up to 4.2 g/t gold and sampling of talus accumulated at the base of steep rock faces returned grades as high as 3 g/t gold.
A new Australian company has entered the Alaska gold exploration scene with a deal to acquire Monte Cristo, a 125-square-mile (324 square kilometers) underexplored project in the Kahiltna Terrane area.
Consisting of 500 state mining claims, Monte Cristo covers a 35-mile-long (55 kilometers) under-explored stretch of Southcentral Alaska east and south of two projects with multi-million-ounce gol...
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