
The company behind Fort Knox is prospecting for gold near Delta Junction
This isn't a couple of prospectors with pans. The company applying to drill and dig test trenches near Delta Junction is Fairbanks Gold Mining Inc. — the Kinross Gold subsidiary that owns and operates Fort Knox, Alaska's largest gold mine. With a partner, Tower Exploration, it wants to search the Canyon Creek area of the Richardson Mining District for a potential new hardrock gold deposit.
For now, this is exploration, not a mine: drilling holes and cutting trenches to learn whether there's enough gold in the ground to be worth pursuing. But exploration by an operator this size is how major mines begin, and hardrock mining — digging rock rather than sifting streambed gravel — tends to leave a bigger footprint than the placer claims common in the area.
That's why some are watching. The project sits in the Tanana River drainage, where residents fish, hunt, and rely on subsistence harvests. The Northern Alaska Environmental Center has raised questions about how exploration in this district could affect water quality, salmon habitat, and river recreation — though those concerns were aimed at a related, earlier proposal, and no specific impacts from this application have been established. Whether it ever becomes a mine is a question for far down the road.
Public comments on the exploration application are due to the state by 5 p.m. July 15.
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