Peak Gold project

A reconsidered resolution about a gold ore trucking plan was toned-down considerably last week by the Fairbanks North Star Borough Assembly. The Assembly passed a resolution March 9 to oppose the plan to bring ore on heavy trucks 240 miles up the Richardson Highway from the Manh Choh mine in Tetlin. But one member who voted for it then, moved to look at it again.

The US mining company Contango Ore is a 30% partner in the Mahn Choh mine in Tetlin. Contango also has gold prospects in Southcentral Alaska. The company president gave a report about the profitability of the project to business leaders Tuesday in Fairbanks.

The company looking to develop a new gold mine near the Eastern Alaska community of Tetlin says exploration of the site has yielded promising results.…