The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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Splits copper and zinc mines and exploration projects by North and Latin American regions; reorganizes executive team. Teck Resources Ltd. Sept. 1 restructured its business and executive management team to support its shift to a pure-play energy transition metals company focused on growth. This transition began with closing the sale of its steelmaking coal business to Glencore for $7.3 billion cash in July. With this sale, Teck's portfolio consists primarily of copper and...
This year's program will test higher-grade gold corridors at Chicken Mountain; explore new targets. Tectonic Metals Inc. Sept. 11 announced the start of a 2024 drill program that will target higher-grade corridors identified at Flat and test exploration targets across the roughly 99,000-acre gold project in Southwest Alaska. "We are pleased to commence the 2024 exploration program at our flagship Flat project and test the results of our ongoing compilation and interpretive...
Geologists collect high-grade copper-nickel-PGM samples from enormous Norilsk-style project in Nunavut. SPC Nickel Corp. Sept. 9 announced that surface sampling at Muskox has turned up grades as high as 19.5% copper, 9.42% nickel and 107.3 grams per metric ton platinum group metals on this roughly 250-square-mile (650 square kilometers) project in Kitikmeot region of western Nunavut. The company's Muskox property covers a large section of a roughly 90-mile- (150 kilometers)...
Cuts 15.5 meters of 7.4% copper during depth extension drilling at Caribou Dome. PolarX Ltd. Sept. 3 announced that this year's drill program has cut exceptionally high-grade copper in deep zones at its Caribou Dome project in 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 high-grade carbonate-hosted copper deposit, Zackly, a high-grade gold-copper-silver...
Preliminary economic assessment confirms potential for the Northern BC project to host a financially robust gold-silver mine. Thesis Gold Inc. Sept. 5 published a preliminary economic assessment PEA that outlines plans for an economically robust mining operation at its merged Lawyers-Ranch gold-silver project in Northern British Columbia's Toodoggone Mining District. Last year, Thesis Gold merged with Benchmark Metals Inc. to form a stronger mineral exploration company aimed a...
American West surpasses 20,000 meters of exploration and resource drilling this year at Nunavut copper project. American West Metals Ltd. Sept. 3 reported that drilling has cut very high-grade copper mineralization at the northern margins of Cyclone, the largest deposit at Storm Copper, and has discovered a new copper deposit on this project on Somerset Island in northern Nunavut. So far this year, the company has drilled 128 reverse circulation (RC) and 14 diamond drill...
Freegold Ventures continues to expand and upgrade world-class gold deposit just outside of Fairbanks, Alaska. Freegold Ventures Ltd. Sept. 10 reported that the Dolphin-Cleary deposit at its Golden Summit project about 25 road-miles north of Fairbanks, Alaska, now hosts 23.8 million ounces of open-pit mineable gold in all resource categories, plus 1.1 million oz of underground mineable gold. While this deposit is already world-class in size, there is substantial evidence that t...
Western Alaska Minerals encounters silver-zinc-lead zone below the gold-copper mineralization reported in August. Western Alaska Minerals Corp. Sept. 10 reported that this year's drilling encountered a zone of high-grade silver-zinc-lead mineralization at the Warm Springs target at Illinois Creek that has the potential to be much larger than the Waterpump Creek deposit already outlined on this property about 300 miles west of Fairbanks, Alaska. In late August, the company repo...
Western Alaska cuts gold-copper mineralization at Warms Springs that may represent new spoke of the CRD system. Western Alaska Minerals Corp. Aug. 29 reported that drills encountered two gold zones at Warm Springs that could represent a new spoke along a trend of carbonate replacement deposit mineralization that extends roughly five miles (eight kilometers) across the Illinois Creek property in Alaska. CRD deposits are created when mineralized fluids enriched with metals...
As China curbs exports of the strategic and critical metalloid, America's Last Frontier reemerges as potential domestic supplier. China's coming state-controlled restrictions on antimony exports has significantly elevated the criticality and price of this semi-metal that is already a top concern from many officials within the U.S. Department of Defense due to its use in military hardware and the dearth of antimony mines in the United States. An element that has properties that...
Positive visual results encourage partners to expand program at copper-zinc VMS project in Alaska. American Pacific Mining Corp. Aug. 29 announced the completion of the drilling portion of a $12.8 million (C$17.5 million) exploration and development program budgeted for the Palmer copper-zinc-gold-silver project in Southeast Alaska. "We are delighted to have completed another successful exploration program with zero incidents or injuries throughout the summer," said American...
Alaska-focused mineral exploration and development company highlights sustainability in latest Whistler gold-copper project update. Toward its ultimate goal of unlocking the value of Whistler, U.S. GoldMining Inc.'s 2024 program at this large gold-copper project about 100 miles northwest of Anchorage, Alaska, has three components – resource upgrade and expansion, environmental baseline studies, and stakeholder engagement. "Tracking in parallel with our technical programs at W...
New assays from 2022 drill core turn up 16% antimony at Treasure Creek, Felix Gold focuses on standalone critical minerals mine. Felix Gold Ltd. Aug. 28 reported that new high-grade assays from 2022 drilling at Treasure Creek support the idea that this Alaska gold project could host a standalone antimony mine. "Treasure Creek constitutes a large-scale gold-antimony system characterized by the identification of high-grade antimony mineralization in numerous locations," said...
U.S. GoldMining and Nova Minerals work side-by-side to advance gold, copper, and antimony projects at end of West Susitna Road. WEST SUSTINA MINERAL DISTRICT – The 4,000-foot Whiskey Bravo airstrip about 100 miles northwest of Anchorage as the Cessna 206 flies is serving as the operational headquarters of an emerging Alaska mining district with the potential to be a domestic source of minerals and metals critical to America's economic wellbeing, national security, and clean e...
Company has completed 11 holes so far this year at the RPM gold deposit, is collecting bulk samples at the Stibium antimony prospect. Nova Minerals Ltd. Aug. 21 announced that it is continuing to pursue both the precious metal and critical mineral potential at its Estelle gold-antimony project about 100 miles (160 kilometers) northwest of Anchorage, Alaska. According to a calculation completed earlier this year in compliance with the U.S. Securities and Exchange Commission's...
Contango ORE receives $32.2 million of gold and silver from the first direct shipping ore processed under its hybrid royalty model. Since the July 8 pouring of the first bar of gold, the Kinross Alaska mill recovered approximately 55,000 ounces of gold and 11,000 oz of silver from ore shipped from Manh Choh, a mine being operated under the Peak joint venture between Kinross Gold Corp. (70%) and Contango ORE Inc. (30%). For Contango, this marks the first revenue generated...
Vital hires Corem to establish a process flowsheet for the world-class rare earths deposit at Nechalacho. Vital Metals Ltd. Aug. 15 reported that it has hired Corem to complete a preliminary rare earths process flowsheet for the world-class Tardiff deposit on the Nechalacho project in Canada's Northwest Territories. Lying about 60 miles (100 kilometers) southeast of Yellowknife, NWT, the Tardiff deposit at Nechalacho hosts 31.1 million metric tons of measured and indicated...
Contango ORE buys the Golden Zone and Amanita exploration projects held by Avidian Gold Alaska. Avidian Gold Corp. Aug. 7 announced that it has finalized the sale of its Alaskan subsidiary, Avidian Gold Alaska Inc., to Contango ORE Inc. for $2.4 million (C$3.3 million), plus a potential future payment of $1 million (C$1.4 million) if Contango decides to develop a mine at the mineral exploration projects that came with the sale. With the purchase, Contango ORE gains ownership...
Canadian miner cuts deal with ZincX to conduct metallurgical testing of material from Cardiac Creek zinc deposit in Northern BC. ZincX Resources Corp. Aug. 19 reported that Teck Resources Ltd. is carrying out advanced metallurgical testing of material from the Cardiac Creek zinc-lead-silver deposit on its Akie project in Northern British Columbia. The Cardiac Creek sedimentary exhalative (SEDEX) deposit hosts 22.7 million metric tons of indicated resource averaging 8.32% (4.16...
First samples collected by White Cliff returned grades as high as 42.6% copper and 38.2 g/t gold. White Cliff Minerals Ltd. Aug. 13 announced impressive copper-gold-silver-cobalt grades in the first batch of assays from the Australian company's inaugural exploration program at the Great Bear Lake iron ore-copper-gold-uranium (IOCG-U) project in Northwest Territories. Lying about 280 miles (450 kilometers) north of Yellowknife, the capital of Northwest Territories, the...
First batch of drill results underscore potential to upgrade and expand the resources at this Nunavut copper project. American West Metals Ltd. Aug. 15 reported that its first assays from the summer field program at Storm Copper demonstrate the potential to upgrade and expand the resources within Cyclone and Chinook, deposits that were included in a recent direct shipping ore study for this high-grade copper project in northern Nunavut. "The first assays from the summer...
Encouraged by consistent high-grade silver, company is prioritizing its drilling on Wolf Vein expansion. Dolly Varden Silver Corp. Aug. 12 reported that its resource expansion drilling at Wolf continues to cut high-grade silver mineralization at this northernmost of the Dolly Varden deposits on its Kitsault Valley project in Northern British Columbia. Kitsault Valley is comprised of two adjacent properties – the Dolly Varden Silver on the southern end and the more gold-enriche...
Straightforward and low-cost ore sorting and jig circuits could produce 20% copper concentrates. Recent testing has demonstrated that a simple and inexpensive two-step process could elevate the high-grade copper mineralization that American West Metals Ltd. has outlined in near-surface deposits at its Storm project in Nunavut into a high-quality direct shipping ore (DSO) ready for market. "The program has produced commercial grade DSO products from typical copper ores through...
USAC stakes road-accessible copper property; investigating other critical mineral projects in underexplored state. United States Antimony Corp. Aug. 21 announced that it has staked 69 state claims covering prospective high-grade copper showings in Alaska. The critical minerals-focused company that owns an antimony refinery in Montana has yet to reveal the location of this 11,040-acre property in Alaska. "The State of Alaska is under-explored, and we are considering other...
Directional drilling cuts 16.2 meters of 606 g/t silver in deep expansion zone of Kitsault Valley deposit. Dolly Varden Silver Corp. Aug. 22 announced that drills continue to cut high-grade silver mineralization below the Wolf deposit on the company's Kitsault Valley project in Northern British Columbia. Lying about 25 miles (40 kilometers) southeast of Stewart, B.C., Kitsault Valley is the amalgamation of the Dolly Varden silver and Homestake Ridge gold-silver properties....
