Stories from November, 2024
Stories from November, 2024
Dowa agrees to hand over SE Alaska project and pays American Pacific $10 million for guarantee on 50% of zinc concentrates from future mine. American Pacific Mining Corp. has entered into an agreement with Dowa Metals & Mining Alaska Ltd. to acquire 100% ownership of the Palmer copper-zinc-gold-silver project in Southeast Alaska. American Pacific gained a roughly 45% joint venture in Palmer through the 2022 acquisition of Constantine Metal Resources Ltd., which was advancing...
Lists on the TSX Venture Exchange with flagship Red Mountain VMS project. Backed by big names in mineral exploration investment, Silver47 Exploration Corp. has emerged on the Alaska scene with a mission to significantly expand upon the 168.6 million ounces of silver-equivalent outlined so far at Red Mountain, a polymetallic volcanogenic massive sulfide project about 60 miles (100 kilometers) south of Fairbanks. "The objective of the company is to rapidly grow its resource...
Cuts 2.5 meters of 1,938.5 g/t silver-equivalent within 24.5-meter intercept during inaugural drilling at Alaska VMS project. Silver47 Exploration Corp. Nov. 18 reported that the first assays back from its inaugural drill program at Red Mountain include a 2.48-meter intercept averaging 61.4% zinc-equivalent, which combines the value of the silver, gold, zinc, lead, and copper cut in this hole testing the Dry Creek deposit on the volcanogenic massive sulfide project about 60...
All three holes drilled at Canwell cut wide bodies of energy metals about 15 miles northeast of the 8 billion lb nickel deposit at Eureka. Alaska Energy Metals Corp. Nov. 21 reported that thick zones of nickel, cobalt, chromium, and platinum group metals encountered in holes drilled this year at the Emerick, Odie and Upper Canwell prospects underscore the broader critical minerals discovery potential at the company's Nikolai project. Nikolai is comprised of two blocks of...
Exploration and sampling confirm a second high-grade antimony vein outcropping from the Estelle project. Nova Minerals Ltd. Nov. 20 reported that its crews collected samples containing as much as 54.1% antimony lying on the surface at the Styx prospect on the company's 198-square-mile (514 square kilometers) gold-critical minerals property about 100 miles (160 kilometers) northwest of Anchorage, Alaska. "Field crews visited the Styx prospect this year to follow-up on the...
One hole cut 223.5 meters of 11.5 g/t gold-eq at newest addition to company's DSO portfolio. Contango Ore Inc. Nov. 21 said the results from its inaugural drill program at Johnson Tract highlights the exceptional continuity of high-grade polymetallic gold mineralization within the JT Deposit on the company's newly acquired project about 125 miles southwest of Anchorage, Alaska. "The infill drilling serves as a reminder of the exceptional grade, continuity, and width of the JT...
Newly listed company confirms potential of the West Tundra Flats deposit on its flagship Red Mountain project in Alaska. Silver47 Exploration Corp. Nov. 21 said its inaugural drilling at West Tundra Flats indicates the potential of increasing both the size and grade of this deposit on the company's Red Mountain project about 60 miles (100 kilometers) south of Fairbanks, Alaska. Since its Nov. 14 listing on the TSX Venture Exchange, Silver47 has released a steady stream of...
Intercept demonstrates continuity of higher-grade gold at eastern edge of 25-million-oz deposit at Golden Summit. Freegold Ventures Ltd. Nov. 11 reported assays from four holes that demonstrate the strong potential to upgrade and expand the 25-million-ounce Dolphin-Cleary gold deposit on the company's Golden Summit project about 20 highway miles north of Fairbanks, Alaska. According to a calculation completed in September, Dolphin-Cleary hosts 23.8 million ounces of open-pit...
One drill hole cuts 11.86 meters of 1.8% copper, tracing Lense 5 to a depth of 300 meters. PolarX Ltd. Nov. 13 reported that the final two holes of the 2024 drill program further extended the high-grade copper mineralization at the Caribou Dome deposit on its district-scale Alaska Range project in Southcentral Alaska. Lying just north of the Denali Highway about 160 miles (250 kilometers) northeast of Anchorage, PolarX's 22-mile-long Alaska Range project hosts Caribou Dome, a...
Yukon-focused explorer's namesake now hosts 2.3 million oz of gold in all resource categories. White Gold Corp. Nov. 19 reported that its White Gold project in the Yukon now hosts 1.2 million ounces of gold in indicated resources and another 1.12 oz in the inferred category. This marks a 4.3% increase in the gold contained within the indicated resource and an 18.5% increase in the gold reporting to the inferred category, when compared to a calculation completed in April of...
Brixton reports final batch of results from 2024 drilling at gold target, part of larger program at Thorn. Brixton Metals Corp. Nov. 19 said the final batch of assays from its 2024 drilling at Trapper continues to confirm the continuity of strong mineralization at this gold-rich target on the company's Thorn copper-gold project in Northern British Columbia. Located about 55 miles (90 kilometers) northwest of Juneau, Alaska, Thorn is a 2,945-square-kilometer (1,137 square...
