Company Investigates Feasibility of Potential Gold Mine at Livengood

Dan Bross, KUAC – Fairbanks

Former Department of Natural Resources Commissioner and Fort Knox Mine engineer Tom Irwin is being tapped by the company hoping to develop a gold mine at Livengood north of Fairbanks. Livengood Project Manager for International Tower Hill Subsidiary Talon Gold, Karl Hanneman says Irwin will develop of a design for the proposed open pit hard rock mine.

International Tower Hill has leased mineral rights a two-mile wide by eight-mile long strip of primarily state land, east of the Elliot Highway, and south of the old Livengood town site. Hanneman says about 100 people are currently working on site. A pre-feasibility study will be completed by the end of the year.  After that, the project will undergo public review and permitting.

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