The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 176 - 200 of 3583
A graphite supply agreement struck with Lucid Motors provides a key link to forging a mine-to-EVs supply chain. Graphite One Inc. has struck a battery materials supply agreement with California-based electric vehicle manufacturer Lucid Motors that is expected to forge a complete mine-to-EVs graphite supply chain with links in Alaska, Ohio, and Arizona. Alaska's delegation in Washington, D.C., is hailing this battery materials agreement as a win both for America's 49th State an...
Program focused on upgrading and expanding near-surface resources in preparation for a feasibility study. Nova Minerals Ltd. July 31 announced the start of a drill program to upgrade and expand the resources at the RPM gold deposit on its Estelle project about 100 miles (160 kilometers) northwest of Anchorage, Alaska. The start of the 2024 program at Estelle comes days after the Australian company completed its American listing on the Nasdaq Capital Market through a $3.3...
Manh Choh underscores the potential of Contango's Hybrid Royalty Model to unlock the value of orphaned high-grade mineral deposits. The pouring of the first bar of gold from the Manh Choh Mine was a momentous occasion for Contango ORE Inc., Kinross Gold Corp., Tetlin Village, and others involved in the development of Alaska's newest gold mine. Two unique business models that led to the early July gold pour, however, could be more valuable than the 600 ounces of gold in the...
Marks the first drill program since Contango's acquisition of HighGold Mining. Contango ORE Inc. July 30 announced the start of a roughly 3,000-meter drill program at its newly acquired Johnson Tract gold project in Southcentral Alaska. Johnson Tract is a 20,942-acre polymetallic gold exploration project about 125 miles southwest of Anchorage owned by Cook Inlet Region Inc., an Alaska Native regional corporation more commonly known as CIRI. Contango ORE added the project to...
Cuts 1,126 meters averaging 0.31% copper-equivalent at the porphyry target on the Thorn property in Northern BC. Brixton Metals Corp. Aug. 6 reported that the second hole of its 2024 drill campaign at the Thorn project in Northern British Columbia encountered 61.5 meters of gold-dominant mineralization before cutting through more than 1.1 kilometers of porphyry copper-gold-silver-molybdenum mineralization. The first two holes of Brixton's 2024 program were drilled at Camp...
Mining's benefits to the state's economy are poised to grow as the world seeks sustainable sources of the minerals Alaska is enriched with. A new study carried out by Alaska-based McKinley Research Group found that mining and minerals exploration contributed over $2.5 billion to Alaska's economy during 2023. "The mining industry continues its role as a powerhouse of Alaska's economy, partnering with local communities to drive significant economic benefits and support...
Southeast Alaska mine on pace to produce 100,000 oz this year; exploration at Kensington and Silvertip show future promise. Coeur Mining Inc. Aug. 7 reported that its Kensington Mine in Southeast Alaska heads into the second half of 2024 on track to produce roughly 100,000 ounces of gold this year, and the summer exploration program at the Silvertip mine project in Northern British Columbia is now underway. "Improved operating performance at Kensington was especially...
Based on the abundance of visible gold in most of the holes drilled thus far, Goliath is expanding the 2024 drill program at Surebet. Goliath Resources Ltd. Aug. 8 reported that Crescat Capital LLC, the company's largest shareholder, is leading a C$3 million (US$2.2 million) financing to expand upon a 2024 drill program that has cut abundant visible gold at Surebet, a roughly 1,800-meter-long corridor at the southern end of the 66,608-hectare (164,592 acres) Golddigger propert...
Northwest Alaska mine heads into second half of the year on track to hit Teck's upper guidance for zinc and lead. Teck Resources Ltd. July 23 reported that its Red Dog mine in Northwest Alaska produced 284,700 metric tons (627.6 million pounds) of zinc and 54,300 metric tons (119.7million lb) of lead over the first six months of 2024, which puts the Northwest Alaska operation on pace to hit the upper end of the metals production guidance established by Teck in February....
Elevated status is good news for Seabridge Gold, Nations Royalty, B.C., and North America. Nations Royalty July 30 reported that the British Columbia government has elevated the status of Seabridge Gold Corp.'s KSM copper-gold mine project in Northern B.C. to "substantially started," an official designation that ensures the previously approved environmental assessment certificate (EAC) for KSM remains in effect for the life of the world-class mine project. "This is a...
Infrared and hyperspectral satellite imagery adds evidence of large uranium deposit at northern end of Boulder Creek. Panther Minerals Inc. July 29 reported that a long-wave infrared survey and interpretation of high-resolution hyperspectral satellite imagery has provided further evidence of known and new uranium prospects across the northern portion of the Boulder Creek project in western Alaska. Located roughly 100 miles northeast of the Gold Rush town of Nome and about 30...
Northern Star's Alaska mine outperforms on all fronts. Northern Star Resources Ltd. July 25 reported that its Pogo Mine in Alaska produced a record 92,078 ounces of gold during the second quarter of calendar year 2024, a 13% increase over the 81,322 oz produced during the same period last year and an enormous 58% climb from the 58,432 oz recovered during the previous quarter. "Pogo in Alaska delivered an exceptional quarter," Northern Star Managing Director and CEO Stuart...
Strong copper mineralization observed in nine holes indicates the potential to elevate prospect to deposit. American West Metals Ltd. July 24 announced that visual copper mineralization cut by all nine holes drilled so far this year at Thunder provides compelling evidence that this prospect will soon be elevated to another deposit that contributes to the resources at the high-grade Storm Copper project in Nunavut. According to a calculation completed in January, four deposits...
Final assays from the 2023 program are expected to upgrade rare earth resources ahead of scoping study; new CEO leads the company forward. Vital Metals Ltd. July 23 reported that final results from its 2023 drill program continue to demonstrate the world-class rare earths potential of the Tardiff deposit on the company's Nechalacho project about 100 kilometers (60 miles) southeast of Yellowknife, Northwest Territories. According to a calculation completed in April, the...
Freegold cuts strong gold mineralization in first 2024 holes drilled west of Dolphin-Cleary deposit. Freegold Ventures Ltd. July 22 reported bonanza-grade gold intercepts in the first two holes of a 2024 drill program testing a large expansion area west of the 20-million-ounce Dolphin-Cleary gold deposit at its Golden Summit project about 25 miles north of Fairbanks, Alaska. According to an early 2023 calculation, the Dolphin-Cleary deposit hosts 407.54 million metric tons of...
Australian explorer makes new mineral discoveries, confirms known targets at historic multi-metal project in Northwest Territories. White Cliff Minerals Ltd. July 9 reported that it has confirmed previously identified copper, cobalt, and uranium mineralization and made new discoveries during the first week of its inaugural exploration program at the Great Bear Lake iron ore-copper-gold-uranium (IOCG-U) project in Northwest Territories. "Finally, we are on the ground!" said...
Governments commit C$195 million to improving highway infrastructure in critical minerals-rich Northern BC. Heralded as a win for First Nations residents and the mining industry in Northern British Columbia, the federal and provincial governments are investing C$195 million (US$142.6 million) to upgrade highway infrastructure in the critical minerals-enriched Golden Triangle. "The Northwest BC Highway Corridor Improvements Project will benefit a critical mineral region and...
After outlining 8 billion lb of nickel at Eureka, Alaska Energy Metals tests higher-grade targets at Canwell. Alaska Energy Metals Corp. July 16 announced that drills are testing three targets on the Canwell block of claims at its Nikolai project, where a combination of geology, geochemistry, and geophysics have identified compelling potential for bodies of nickel-rich massive sulfide mineralization. Nikolai is comprised of two blocks of claims – Eureka and Canwell – that eac...
Drills cut three gold veins at resource expansion area of Northern B.C. mine project. Canagold Resources Ltd. July 18 reported high-grade gold intercepts from the first five holes of a 12,000-meter drill program slated for this year at the company's New Polaris Gold project in northwestern British Columbia. Lying about 60 miles (100 kilometers) south of Atlin, B.C., and 35 miles (60 kilometers) northeast of Juneau, Alaska, New Polaris is the site of a historical high-grade...
With first round of sampling and geophysics complete, Australian explorer prepares for drilling and takes first look at Nunavut Copper. White Cliff Minerals Ltd. July 17 reported that its field crews have discovered additional mineralization that expands upon the extensive targets that have already been discovered and confirmed this year at the Great Bear Lake iron ore-copper-gold-uranium (IOCG-U) project in Northwest Territories. "The IOCG potential of this project continues...
First hole of 2024 program taps porphyritic intrusion below high-grade gold veins outlined along the Surebet Corridor at Golddigger. Goliath Resources Ltd. July 15 announced that the first hole of its 2024 drill program has cut a 22.4-meter porphyritic intrusion with abundant visible gold, molybdenum, and bismuth mineralization that appears to be the feeder source of the vein systems outlined along the Surebet Corridor on the company's Golddigger property at that southern tip...
Goliath launches 15,000-meter drill program at its Golddigger project south of Stewart, B.C. Goliath Resources Ltd. July 10 reported that two drills are turning on its 66,608-hectare (164,592 acres) Golddigger property at the southern tip of British Columbia's Golden Triangle. Over the previous three exploration seasons in Northern B.C., Goliath has focused much of its exploration on Surebet, a roughly 1,800-meter-long corridor at the southern end of the district-scale...
A Yukon First Nation's call for a mining pause, however, could impact Keno Hill silver output. Hecla Mining Company July 10 reported that continued improvements in performance at its Keno Hill mine in the Yukon has the Idaho-based mining company on pace to produce 17 million ounces of silver in 2024. During the first six months of this year, Hecla's operations produced 8.7 million oz of silver, which is 10% higher than the 7.9 million oz produced at the midpoint of 2023. They...
Unique mining company adds new high-quality Alaska asset to portfolio just two days after its transition to gold producer. Contango ORE Inc. July 10 announced the completion of its acquisition of HighGold Mining Inc., a junior mineral exploration company that comes with the 1-million-ounce Johnson Tract gold project in Southcentral Alaska. "(W)e believe the combination of HighGold and Contango makes a tremendous amount of strategic sense," Contango ORE President and CEO Rick...
Kinross and Contango celebrate the pouring of first bar from gold project that boosts Fort Knox production, elevates junior to producer status. FORT KNOX MINE, ALASKA (July 8, 2024) – On a momentous occasion for both companies, Kinross Gold Corp. and Contango ORE Inc. celebrated the pouring of the first gold bar from the Manh Choh project in Alaska. Being operated under a joint venture between Kinross (70%) and Contango (30%), Manh Choh is a high-grade gold project on lands o...
