Sumitomo Metal Mining Confirms Au, Ag, Sb in Stone Boy

Sumitomo Metal Mining and Sumitomo Corporation announced on Thursday they confirmed gold, silver and antimony mineralization zone in Stone Boy project of Alaska. They conduct detailed drilling to check the resources. Through such efforts, Sumitomo Metal Mining targets annual 30 tonnes of equity gold production compared with current 20 tonnes.

Sumitomo Metal Mining and Sumitomo Corporation confirmed the mineralization in Naosi prospect of Monte Cristo area, Alaska. They have been conducting Stone Boy project since 1991, of which Sumitomo Metal Mining controls 95% with 5% share by Sumitomo Corporation. They expect other mineralization zone in Monte Cristo as Naosi prospect. Sumitomo Metal Mining is conducting around 20 overseas exploration projects.