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Wednesday, December 19, 2007

Kisaralik Lake exploration to resume despite protests

Last summer, a small crew of geologists drilled a half-dozen holes into the rock near Kisaralik Lake in a hunt for gold.

What did they find?

"Encouraging results," says Chris Dail, who plans exploration for Kisa Gold Mining.

That means the controversial exploration work will begin again next summer on the company's mining claims in the Kuskokwim Mountains. Kisa Gold staked mining claims on 8,000 acres of state land seven miles west of the Kisaralik Lake claims.

He says the company drilled holes as deep as 860 feet with one drilling rig and plans a similar exploration program next summer.

The so-called Kisa property is one of the company's eight projects in Alaska, where it spent $3.7 million searching for gold. The Kisaralik camp had a staff of as many as 15, with about a half-dozen employees it hired in Bethel.

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