JUNEAU - The developer of the Tulsequah Chief Mine near Juneau says the Alaska capital could see an economic impact of $24 million annually when the mine begins operations.
Developer Redfern Resources hopes to begin production in the British Columbia mine in one year.
Salina Landstad of Redfern made a presentation on the mine Thursday to the Juneau Chamber of Commerce.
The mine has a projected 8-year life.
The mine is along the Tulsequah River 13 miles upstream of the Taku River and 40 miles northeast of Juneau.
Minerals from the mine will be transported down the Taku River and past Juneau on their way to Skagway for shipment overseas.
An air cushion barge to be used on the Taku River is nearing completion at an Oregon shipyard.
Juneau Empire ©2013. All Rights Reserved.