Manh Choh’s First Pour
Gold production has commenced at Manh Choh, Alaska’s newest major mine. Review the history of the Kinross-Contango ORE joint venture and the impact the project is having on the Interior.
Gold production has commenced at Manh Choh, Alaska’s newest major mine. Review the history of the Kinross-Contango ORE joint venture and the impact the project is having on the Interior.
Avidian Gold is selling its Alaska subsidiary to Contango ORE, the company involved in developing the Manh Choh mine. The $2.4 million deal covers two Interior prospects.
Contango ORE is aiming at Lucky Shot, the name of the gold vein underneath Box Mountain Ridge. Thorough geologic modeling stacks the odds in the company’s favor.
Operations have started at the Manh Choh gold mine near Tok, but the production phase is a year away, pending modifications to the mill at the Fort Knox mine near Fairbanks.
Organizations around the world are focused on addressing climate change. The Paris Climate Accord focused the efforts of participating governments to achieve Net Zero by 2050—that’s less than thirty years away. Where is all the metal going to come from that will allow this galactic shift to occur?