Exploratory drilling to resume at controversial mine project

Exploratory drilling to resume at controversial mine project near Haines, Klukwan


By Claire Stremple (Alaska's Energy Desk)

3 hours ago
A drill site at the Palmer Project north of Haines. (Photo courtesy of Constantine Metal Resources)
Drillers will be back on the mountain around the clock after a year-long hiatus at a mining project near Haines and Klukwan.
Canadian company Constantine Metal Resources announced its Japanese partner, DOWA Holdings Company, will finance the $8.8 million work season. The Canadian metals company will give up its majority stake in the project in exchange for that cash.
Constantine’s CEO Garfield MacVeigh says that shift won’t have much impact on surrounding communities.
“DOWA was happy with Constantine as operator — we’ll continue to be office operator for the foreseeable future. You know, go up, DOWA is keen to keep the project moving ahead towards feasibility, which is why they were prepared to fund the program this year,” he said.

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