ALASKA - SHERWOOD COPPER of Vancouver is considering the use of Skagway, Alaska, as the port to ship copper concentrate from the Minto project in the Yukon.
The port of Skagway is located approximately 400 km from the Minto project site and is a deep-water, ice-free port that was used for the export of zinc and lead concentrates produced by the large scale Faro mine until 1998. The dock, ship-loader and foundations for a concentrate storage building are in place. The ship-loader would require refurbishment, and a concentrate storage building would need to be erected on the existing foundations to house the concentrates while awaiting transshipment.
The Alaska Industrial Development & Export Agency (AIDEA) will conduct a feasibility study for improving and using the Skagway ore terminal. Some of the costs of the study will be reimbursed by Sherwood under certain circumstances. The company says no decision has been made yet on shipping the concentrates. It expects to begin a tender process for shipment after the feasibility study is complete.
For updates on progress at the Minto copper-gold development, see www.SherwoodCopper.com.
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