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Biden to block Pebble gold mine in salmon-rich area in Alaska
By Jennifer A. Dlouhy
Bloomberg News
Monday, January 30, 2023
The Biden administration is set to ban the dumping of mining waste near Bristol Bay, Alaska, by issuing a decree that thwarts longstanding plans to extract gold, copper, and molybdenum because of potential harm to the region's thriving sockeye salmon industry.
The Environmental Protection Agency's final determination, expected soon, would effectively block the mine planned by Pebble Limited Partnership as well as future mining of the same deposit in headwaters of Bristol Bay, home to the world's largest sockeye harvest. The planned action was described by people familiar with the matter who asked not to be named because the decision hasn't been announced.
... Dispatch continues below ...
... ADVERTISEMENT ...
Dolly Varden Silver Reports Multiple Gold and Silver Intersections at Homestake Ridge,
with 46.31 g/t Au and 70g/t Ag over 25m, Including 1,145 g/t Au and 826 g/t Ag over 0.48m
Company Announcement
Monday, January 30, 2023
VANCOUVER, British Columbia, Canada -- Dolly Varden Silver Corp. (TSXV: DV) (OTC: DOLLF) is pleased to announce drill results from the 100%-owned Homestake Ridge property in British Columbia's Golden Triangle.
Highlights from the Homestake Main Deposit include:
-- HR22-324: 4.32 g/t Au and 76 g/t Ag over 22.50 meters including 19.42 g/t Au and 375 g/t Ag over 4.50 meters.
-- HR22-333: 46.31 g/t Au, 70 g/t Ag and 0.19% Cu over 25.00 meters including 1,145 g/t Au, 826 g/t Ag and 0.51% Cu over 0.48 meters. ...
"Dolly Varden Silver's initial drilling at the Homestake Main Deposit has returned consistent mineralized intervals with some of the highest grades of gold with silver reported from the Property to date, but also the entire Golden Triangle during the 2022 drilling season," said Shawn Khunkhun, president and CEO.
"Coupled with the exceptional grades and thicknesses of silver mineralization encountered in step-out holes at the Wolf and Kitsol Deposits, we are demonstrating the impressiveprecious metal endowment and potential of the Kitsault Valley trend." ...
... For the remainder of the announcement:
Pebble, a subsidiary of publicly traded Northern Dynasty Minerals Ltd., has been seeking to mine in the area for more than two decades. The pending ban dovetails with a pledge President Joe Biden made while campaigning, when he said Bristol Bay "is no place for a mine." ...
... For the remainder of the report:
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