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

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

 

Last updated 7/22/2021 at 4:50pm

Monte Cristo Kahiltna Terrane GoldMining Nova Minerals Ragusa map Alaska mining

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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