ASRC has land entitlements in northwest Alaska that have excellent potential to host world-class zinc, lead and silver sulfide deposits. The Red Dog Mine, the world’s largest lead and zinc mine, lies just outside ASRC lands in the western Arctic. Despite proximity to Teck Cominco Limited’s Red Dog Mine, the lands remain virtually unexplored.
Eight favorable areas of geological and geochemical merit have been recognized within the ASRC region in the western Arctic. All areas are underlain by black shale and chert of the Kuna Formation – host to known sulfide deposits in the Red Dog vicinity. The geochemically anomalous zones exhibit high concentrations of zinc, lead, silver and nearly a dozen pathfinder elements. Several occurrences of disseminated sulfide mineralization have already been discovered.
ASRC also holds title to extensive deposits of gravel – a key ingredient for oil field, pipeline and industrial infrastructure development in Arctic Alaska. Areas of gravel holding are strategically located in the vicinity of villages, petroleum development and high potential resource areas.