64 NORTH PROJECT WINTER DRILLING PREPARATIONS UNDERWAY
*The 64North Project was formerly known as the Goodpaster Project.
Executive Summary:
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Preparations well on track for winter drilling in Q1, 2020 on the Pogo West prospects, Alaska.
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Construction of a 6.5-kilometre (km) drill road to the Aurora Creek target area is underway.
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A water well contractor has been secured to commence drilling in the coming weeks.
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Q1, 2020 winter drilling can progress on the Aurora Creek high priority drill targets with all necessary drill permits in place.
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An exploration advance to Millrock Resources (MRO) of US$250,000 is funding current field programs.
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Due diligence is continuing during the exclusive option period of up to 100 days.
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N27 and MRO management & technical teams are meeting in Alaska this week to view recently recovered drill core from ER and Eagle Prospects, conduct detailed planning of the 2020 field programs and complete due diligence on the project and long form contract.
“The N27 team is currently in Alaska working with our project partners, MRO, for our upcoming drilling program early next year”, “The speed with which the MRO and N27 teams are now moving the project forward is a positive sign and crucial to hitting our ambitious targets”.
– Managing Director Duncan Chessell
