The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 51 - 64 of 64
Kinross Gold and its partner in the Gil project, Teryl Resources, plan exploration this year at the prospect some seven miles east of the Fort Knox gold mine and mill complex. But exploration budget plans have not yet been finalized, according to Teryl's president, John Robertson. He's waiting to hear from planners in Kinross' corporate office to find out what his company's share of exploration spending at Gil will be this year. Kinross holds an 80 percent interest in Gil, and serves as the project's operator. Teryl holds...
All of the first six drill holes punched this spring on Teryl Resources' West Ridge property near Fairbanks, Alaska, encountered anomalous gold mineralization, according to a company press release issued April 28. Drilling work completed between March 16 and April 1 included 2,650 feet of reverse circulation drilling at the Old Glory prospect at West Ridge. Teryl's 100 percent owned West Ridge property is just south of the True North Mine, a Fort Knox satellite mine operated by Kinross Gold from 2001 through early this year....
Operators of the Greens Creek polymetallic mine started surface core drilling in late April, the beginning of a summer long program designed to complete 40,000 feet of drilling at several targets surrounding the underground mine near Juneau, Alaska. The $1.9 million budgeted for surface drilling work this year is the largest surface exploration program at the mine since production began in 1989 at Greens Creek, said Bill Oelklaus, environmental manager. "There are eight different areas around the mine" that will be explored...
A draft feasibility study completed this spring by Nuvista Light & Power Co. recommends construction of a coal-fired electric generation plant at Bethel, Alaska, plus construction of a 191-mile transmission line to the Donlin Creek gold project as the lowest wholesale power cost for the remote southwest Alaska region. Nuvista, a non-profit formed by Calista Corp., the Native corporation in southwest Alaska, is seeking comments through May 7 on the study, which recommends that initial design and permitting work begin on the co...
A Fairbanks-based environmental group that appealed a federal water discharge permit issued to developers of the Pogo gold project in mid-March has agreed to withdraw its permit challenge, following meetings with regulators on May 4 and 5. The announcement of the appeal withdrawal came May 5 during a press conference at the governor's office in Fairbanks. Initial meetings between the Northern Alaska Environmental Center and the Environmental Protection Agency May 4 spurred a late night meeting with others involved in the...
Businesses occasionally change names, usually to reflect a different structure, ownership or image. It's a task not lightly undertaken, as the transformation process can sometimes be confusing. For example, there's answering telephone calls - a daily ritual. A company or business name change affects that comfortable opening line of conversation. Sometimes it takes a while to work out the details, as I am learning. My name changed recently, when I married the love of my life. Just a few days after our wedding, my husband and...
Calgary-based Golconda Resources Ltd., operator of the Shulin Lake diamond exploration joint venture, has concluded a spring drilling program conducted in March at the Southcentral Alaska property. About 25 miles due west of the Parks Highway and about 80 miles north of Anchorage, the Shulin Lake project is targeting a volcanic occurrence that has previously yielded micro-diamonds and diamond indicator minerals. It's the first known discovery of diamonds from a bedrock source in Alaska, according to joint venture partner...
The Alaska Division of Geological and Geophysical Surveys has published a new bedrock geologic map of the Salcha River-Pogo area in the central Big Delta quadrangle of Alaska. The bedrock geologic map, released in late March, covers approximately 435 square miles within parts of the Fairbanks and Goodpaster mining districts, including the Pogo gold deposit, an area seeing a resurgence of claim staking activity in recent months. The map provides ground-truth geologic mapping, conducted during the summers of 2000 through 2002,...
Prospectors looking for valuable minerals in Alaska hit the ground hard in 2003, laying claim to 507 square miles of state and federally controlled land in the Last Frontier. That's about double the effort by claim stakers in 2002, said Dave Szumigala, a geologist with the Alaska Division of Geological and Geophysical Surveys, during a presentation at the March 2004 biennial conference of the Alaska Miners Association in Fairbanks. "It shows that Alaska is on people's radar screens worldwide," he said. Claim staking has conti...
Hunting hard in remote elephant country, NovaGold Resources can claim a lion's share of kills. Now the aggressive junior has to prove whether it's found any trophies that will make the company a metals producer. NovaGold announced March 26 an agreement with Kennecott Exploration and Kennecott Arctic to acquire a 51 percent interest in the Ambler gold, silver, copper and base metals property in remote northwestern Alaska. Previous exploration on Arctic, the most advanced target on the Ambler property, identified an inferred...
State and federal regulatory agencies released a draft version of a supplemental environmental impact statement Jan. 23 for the Kensington underground hard rock gold mine. Project developer Coeur Alaska Inc., a subsidiary of Coeur d'Alene Mines Corp., one of the world's largest silver producers, wants to build mine and mill facilities that would produce approximately 2,000 tons of gold-rich ore per day, requiring a year-round work force of about 225 people. It's the third time agencies have reviewed the Kensington project...
Calgary-based Western Warrior Resources Inc. plans to conduct underground geological mapping and additional drilling this year at the company's Cliff Mine gold exploration project at tidewater near Valdez, Alaska. "As soon as the snow goes out, we'll start more geological mapping and sampling," company President Bruce Evans told Mining News in early March. "We plan to go underground to do some of the mapping and we will conduct more drilling." Western Warrior holds a 100 percent interest in the historical Cliff Gold Mine,...
A surge in claim staking surrounding the Pebble gold-copper-molybdenum deposit in southwestern Alaska has continued through the first three months of 2004. Anchorage-based geological consultant Bill Ellis, part owner of Alaska Earth Sciences, estimates a total of 512 square miles of land has been recently staked for mineral prospecting in an area surrounding the Pebble deposit. State records show that a total of 564 square miles, or 361,440 acres, is claimed by mineral prospectors in the Pebble area, according to Kerwin Kraus...
Describing Alaska as "a good place to do business," AngloGold (U.S.A.) Exploration's president of North America said the company's focus is shifting away from projects in Nevada and parts of Canada. The company increased its landholdings through a sizeable claim staking effort in recent months in the area surrounding the Pogo gold deposit, and is negotiating a land lease in the Livengood area. Total exploration spending in Alaska is planned for $2 million, which is more than two-thirds of the company's North America green-fie...
