“We remain confident of the Livengood Project viability given its significant gold resource, exceptional infrastructure access and location in one of the best mining jurisdictions in the world,” James Komadina, chief executive officer, said in a press release. “The publication date of the Livengood Prefeasibility study is being extended to allow for the completion of additional laboratory testing and optimization work suggested by myself as well as ITH and third party metallurgists, that will enable us to move the project forward as rapidly and cost efficiently as possible to create wealth for our shareholders and jobs for a generation of Alaskans.”
The company studies show a potential of 16.5 million ounces of gold at the site, 70 miles north of Fairbanks. The next study is a key element in moving to the development phase of the project.
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HEAT WAVE: A powerful blast of warm air from the south may warm temperatures in the Fairbanks area to 25 above and possibly above the freezing mark in the hills by Wednesday, the National Weather Service said over the weekend.
The low tonight is expected to be in the 15-below to 25-below range. For Wednesday night, the low is expected to be about 15.
The Chinook is expected to be preceded by strong winds in the Alaska Range, with gusts to 75 mph in some of the windy passes Wednesday.
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BANK ON IT: Brent Rodenberger’s class at Pearl Creek Elementary School raised $1,000 for the Fairbanks Community Food Bank with a variety of events, enough to supply the bank with 773 pounds of food.
The 28 students, who are in grades 4 to 6, went to Fred Meyer last Monday and picked up items the food bank needs for its Thanksgiving boxes.
“By the time they arrived here a little after 11 a.m. they had already had quite a morning, but they were still roaring and ready to go,” said Anne Weaver of the food bank. “Carrying in the bags one or two at a time, a whopping 773 pounds came in the door.”
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USE THE FORCE: The attorneys on both sides of the so-called “241” case don’t appear to be devoted fans of “Star Wars.”
In various legal documents, a trucker who supposedly had agreed to smuggle Schaeffer Cox and family out of the country in the sleeper bed of his cab is referred to by the code name “Hans Solo.”
It was “Han Solo” who flew around the universe in “Star Wars.”
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NEW BAR: The owner of the Greyhound Lounge liquor license wants to transfer it to the building at 600 Old Steese that once housed Chuck E Cheese and later the Ah Sa Wan Chinese Restaurant. Curtis Hatcher said he hopes to open in January or late December.
The borough assembly did not protest the transfer at a recent meeting.
The new place is to be called the “Rock-N-Rodeo Bar & Grill,” which will be under the same company, “Scruff-N-Porks Inc.,” owned by Curtis Hatcher.
The land is zoned “general use,” which means anything goes except a jail.
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GOOD CENTS: A family facing medical expenses of $250,000 received some good news recently with the award of a $5,000 grant from the GVEA Good Cents program.
The trustees awarded grants totaling $29,300, funds that are generated by GVEA members allowing their electric bills to be rounded up to the nearest dollar.
The $5,000 grant is the maximum allowed under the program. The trustees approved five other projects recently:
The Breast Cancer Detection Center of Alaska received $15,000, the maximum organization grant, to support an effort to provide more mammograms.
The school district received $1,300 to install an automated external defibrillator in a local school.
Big Brothers Big Sisters received $2,500 for a computer purchase.
Love INC received $2,500 to help its resource closet equipment program for families in need.
Finally, an individual received $3,000 for electrical repair materials needed after a fire.
Since the launch of the program in March 2011, GVEA members have contributed more than $88,000 and about half of that amount has been distributed.
Dermot Cole can be reached at cole@newsminer.com or
459-7530.
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