New ‘GAME’ in Alaska
Great American Minerals Exploration Inc. has closed a landmark option agreement with Sumitomo Metal Mining that consolidates the Monte Cristo and Uncle Sam gold properties into a single 55,465-acre project about 40 miles west of the Pogo Mine in Interior Alaska.
GAME, as the company is commonly known, is no stranger to the Pogo region. In fact, the privately held Nevada corporation staked its first claims there in 1997 and has held onto a position in the area ever since. This property, however, covered only a portion of the district-scale potential of the region.
Over the past several months, Game negotiated deals with three other landholders that reassembled the original Uncle Sam property explored by Kennecott Exploration from 1998 to 2001. Consolidating the northern half of the district cleared the way for the reinvigorated exploration company to negotiate an option agreement with Sumitomo for the southern half, Monte Cristo.
