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Vol. 8, No. 28 Week of July 13, 2003
Providing coverage of Alaska and northern Canada's oil and gas industry


Digging in all the wrong places

Amerigold’s Nome placer lease terminated, NovaGold looks at other options

Patricia Jones

Petroleum News Contributing Writer

Amerigold, a gold placer mining operation working near Nome in western Alaska, recently lost its lease on virgin ground at Dry Creek after starting to dig on the wrong property last year. NovaGold Resources owns patented Dry Creek ground on the outskirts of Nome; ground it leased to Amerigold in 20....

    [additional news subjects in this story]

Other placer development considered


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