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Drilling Pebble: work continues into new year at aggressive pace.(SPECIAL SECTION: MINING ISSUE)

Alaska Business Monthly

| November 01, 2007 | Liles, Patricia | COPYRIGHT 2007 Alaska Business Publishing Company, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

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While the public focus on the Pebble project has involved heated debate between environmental activists and pro-development advocates, exploration work on the Southwestern Alaska copper-gold-molybdenum deposit continues in 2007 at a swift pace.

Eight diamond-core drill rigs are working at Pebble, including three that were specially designed to tap the recently discovered Pebble East mineralization, which can run deeper than a mile below the surface.

Exploration crews plan to work well into December, according to Sean Magee, vice president of public affairs at Northern Dynasty Mines Inc., the owner and operator of the Pebble project.

"Our goal is to drill 240,000 feet this year and we're behind schedule for getting that done, so some will probably leak into 2008," he said in late September. "We're working as aggressively as we can, and don't plan to reduce manpower or drill rigs working into the fall."

More than 180 people were on site in late September, according to Northern Dynasty. So far, drill crews completed 22 holes, with seven more in progress, for a total of about 120,000 feet, Magee said.

Even in a year where exploration work throughout Alaska is growing by leaps and bounds, Pebble stands out--in terms of spending, employment and results.

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