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TSXV:AOX | TSX Venture | Common Stock |
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Alaska, home to some of the world's richest mineral deposits, plays host to some of the most prolific mining and exploration companies in the world, such as NovaGold (NYSE Amex: NG) and Anglo American (LSE: AAL) as well as up-and-coming exploration companies such as Andover Ventures and Northern Dynasty Minerals (NYSE Amex: NAK).
A preliminary economic assessment, released in April, 2011 by NovaGold, estimated total "payable metal production" over the life of the company's Ambler project at 1.7 billion pounds of copper, 2.0 billion pounds of zinc, 291 million pounds of lead, 266,000 ounces of gold and 22 million ounces of silver. These findings by NovaGold have encouraged Andover to up its stake in this region.
Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid IO Circuit twelve hundred and ninety five dollars for the publication and circulation of this news release. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation; do no trading of any kind and send no faxes or emails.
Contact: IO Circuit Email Contact
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