{"id":1186697,"date":"2020-05-27T08:20:17","date_gmt":"2020-05-27T13:20:17","guid":{"rendered":"https:\/\/www.mining.com\/?p=1025019"},"modified":"2020-05-27T08:20:17","modified_gmt":"2020-05-27T13:20:17","slug":"quaterras-groundhog-prospect-in-alaska-may-be-similar-to-massive-pebble-project-report","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1186697","title":{"rendered":"Quaterra\u2019s Groundhog prospect in Alaska may be similar to massive Pebble project \u2013 report"},"content":{"rendered":"

Quaterra Resources (TSXV: QTA) published a report that, according to the company, supports its assessment of the Groundhog prospect in Alaska as a possible copper-gold porphyry system hosting mineralization similar to that in Northern Dynasty\u2019s (TSX: NDM) massive Pebble project<\/a>.<\/p>\n

Groundhog is located some 300 kilometres southwest of Anchorage. It is a 54,880-acre property that covers the northern extension of a 10-kilometre wide north-northeast trending structural zone that hosts a number of porphyry copper-gold prospects, including the Pebble project, which is approximately five kilometres south of the Groundhog claim boundary. <\/p>\n

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Quaterra has to provide $5 million over six years in exploration spending in order to earn a 90% interest in Groundhog from Chuchuna Minerals<\/p>\n<\/blockquote>\n<\/figure>\n

According to the independently-prepared report, mapping, limited drilling and geochronology have demonstrated that similar-aged rocks in a similar structural setting to that in Pebble occur at Groundhog.\u00a0<\/p>\n

\u201cWe are pleased to have affirmation of Groundhog as a possible copper-gold porphyry system hosting mineralization similar to Pebble and to have been provided with a roadmap for its exploration going forward,\u201d Quaterra’s president and CEO, Gerald Prosalendis, said in a media statement. \u201cThis year’s program will involve the 3D inversion of last year\u2019s ZTEM geophysical survey as recommended by the report. This will enable refinement and selection of high-priority targets for ground-based IP and drilling possibly next year if circumstances and the availability of funds enable it.\u201d<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"

An independent report states that the Groundhog prospect hosts mineralization similar to that in Northern Dynasty’s Pebble project.<\/p>\n","protected":false},"author":42,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[369],"tags":[43],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1186697"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/42"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1186697"}],"version-history":[{"count":3,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1186697\/revisions"}],"predecessor-version":[{"id":1186765,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1186697\/revisions\/1186765"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1186697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1186697"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1186697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}