NANA Regional Corporation Updates Alaska Business on Activity at Upper Kobuk Mineral Projects: Mineral exploration in the Ambler Mining district uses proven partnership model.
Position | SPECIAL SECTION Mining |
In June, Trilogy Metals, in partnership with global miner South32, began the summer exploration season at the Upper Kobuk Mineral Projects (UKMP). NANA Regional Corporation has an exploration and mining lease agreement in place with Trilogy Metals to explore and develop this high-potential mineral district. This year's program will focus on advancing the Arctic copper-zinc-lead-silver-gold deposit to pre-feasibility and continue exploration drilling at the Bornite Deposit (a copper prospect in Northwest Alaska). Tuuq Drilling, a NANA-owned company, and Major Drilling, an international drilling services company, are undertaking the 12,000-meter exploration drilling program at Bornite, bringing years of expertise and experience from similar work at Red Dog Mine, also located on NANA lands.
NANA owns and manages about 2.2 million acres of land in Northwest Alaska that is home to some of the largest and richest base-metal deposits on the globe, and this year is poised to be one of the most significant in the sixty-year history of exploration in the region. Along with launching exploration of the Bornite Deposit, the Red Dog Mine continues to be one of the world's most significant producers of zinc and employs a significant number of NANA shareholders as part of the operator's agreement with the Alaska Native Corporation.
As Trilogy Metals and NANA continue exploration at the UKMR the same incorporation of local values-a model that was established at Red Dog Mine--remains at the forefront of efforts. This...
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