Oil patch bits: Doyon holds community meeting with Wiseman Metals

Petroleum News

As reported by Doyon Ltd. News May 5, in April, Doyon and Wiseman Metals held a community meeting in Tanana to provide updates about the latest developments on mineral exploration activities across Interior Alaska.

The collaboration between Doyon and Wiseman Metals began in March 2022 with the award of the Wiseman East minerals project through a competitive bidding process. This was followed by the Wiseman West project in November 2022 and the Tofty Rare Earth Elements project in December 2022. These projects marked the beginning of a long-term collaboration that benefits Doyon shareholders while also supporting responsible resource development. Doyon retains ownership of both surface and subsurface rights to all project sites and is the direct beneficiary of royalty income, were a project ever to become a mine.

Wiseman Metals is actively working on two exploration projects with Doyon. The Wiseman East project shows strong potential for district-scale development, with mineralized systems that include copper, gold, silver, and molybdenum extending up to 12 kilometers. The Wiseman East project is located due east of the town of Wiseman, east of the Dalton Highway. For more information, visit www.doyon.com.