A proposed new gold mine north of Juneau expects to create 277 jobs and a pre-tax net present value of nearly $1 billion during an initial seven-year production cycle, a representative of the company developing the project told Juneau business leaders Thursday.

The New Amalga Gold Project, located near Herbert Glacier about 20 miles north of downtown Juneau, is intended to be a low-impact site where employees will commute to work daily from Juneau…