AIDEA approves $45M Ambler Road plan

North of 60 Mining News – March 31, 2023

 

Last updated 4/8/2023 at 5:41am

Helicopter approaches a drill testing the mineral-rich Arctic deposit in Alaska.

R. Walker

Drilling has outlined more than 9.4 billion pounds of copper, 9.5 billion lb of zinc, 84 million ounces of silver, 850,000 oz of gold, and 77 million lb of cobalt in the Ambler Mining District.

Board approves large budget for pre-development work on road to Alaska area rich in critical metals.

Based on a directive made by Congress more than 40 years ago and its own mission to promote economic growth and diversity in Alaska, the Alaska Industrial Development and Export Authority board of directors has approved $44.8 million to advance pre-development work on the Ambler Road pr...



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