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Alaska gold and copper mine blocked over environmental concerns
By Patrick White
Associated Press
Tuesday, January 31, 2023
JUNEAU, Alaska -- The U.S. Environmental Protection Agency took an unusually strong step today and blocked a proposed mine heralded by backers as the most significant undeveloped copper and gold resource in the world. The EPA cited concerns about the project's environmental impact on a rich Alaska aquatic ecosystem that supports the world's largest sockeye salmon fishery.
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... ADVERTISEMENT ...
Dolly Varden Silver Reports Multiple Gold and Silver Intersections at Homestake Ridge,
with 46.31 g/t Au and 70g/t Ag over 25m, Including 1,145 g/t Au and 826 g/t Ag over 0.48m
Company Announcement
Monday, January 30, 2023
VANCOUVER, British Columbia, Canada -- Dolly Varden Silver Corp. (TSXV: DV) (OTC: DOLLF) is pleased to announce drill results from the 100%-owned Homestake Ridge property in British Columbia's Golden Triangle.
Highlights from the Homestake Main Deposit include:
-- HR22-324: 4.32 g/t Au and 76 g/t Ag over 22.50 meters including 19.42 g/t Au and 375 g/t Ag over 4.50 meters.
-- HR22-333: 46.31 g/t Au, 70 g/t Ag and 0.19% Cu over 25.00 meters including 1,145 g/t Au, 826 g/t Ag and 0.51% Cu over 0.48 meters. ...
"Dolly Varden Silver's initial drilling at the Homestake Main Deposit has returned consistent mineralized intervals with some of the highest grades of gold with silver reported from the Property to date, but also the entire Golden Triangle during the 2022 drilling season," said Shawn Khunkhun, president and CEO.
"Coupled with the exceptional grades and thicknesses of silver mineralization encountered in step-out holes at the Wolf and Kitsol Deposits, we are demonstrating the impressiveprecious metal endowment and potential of the Kitsault Valley trend." ...
... For the remainder of the announcement:
The move, cheered by Alaska native tribes and environmentalists and condemned by some state officials and mining interests, deals a heavy blow to the proposed Pebble Mine. The intended site is in a remote area of southwest Alaska’s Bristol Bay region, about 200 miles (322 kilometers) southwest of Anchorage.
It's accessible only by helicopter and snowmobile in winter, developer Pebble Limited Partnership said in a permit application with the U.S. Army Corps of Engineers. As proposed, it called for a mining rate of up to 73 million tons a year....
... For the remainder of the report:
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