The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 201 - 225 of 3583
Hole C24-01 cut coarse gold mineralization in a promising Colomac resource expansion area. STLLR Gold Inc. June 13 announced that the first 2024 hole drilled at Colomac Main cut strong gold mineralization at this hub deposit on the company's district-scale property in Northwest Territories. Lying about 200 kilometers (125 miles) north of the Northwest Territories capital city of Yellowknife, Colomac is home to a former mine that produced more than 500,000 ounces of gold...
Northern Dynasty exec says both federal agencies rely on the other's "factually unsupported assertions" to support politically motivated denials of copper mine permits. Believing that the future of the Pebble Mine project is being held back by two federal agencies leaning on each other's "factually unsupported assertions," the Pebble Limited Partnership has filed a motion in federal district court to include the U.S. Army Corps of Engineers (USACE) into its lawsuit against...
In the meantime, Joe Ovsenek-led P2 Gold will head the 2024 exploration at Eskay Mining's property in the heart of B.C.'s Golden Triangle. In a deal that will see former Pretium Resources President and CEO Joe Ovsenek returning to British Columbia's Golden Triangle, Eskay Mining Corp. and P2 Gold Inc. have entered into a preliminary deal to merge the two gold-focused exploration companies. Eskay Mining is exploring the Eskay-Corey (formerly Consolidated Eskay) project in North...
After working through commissioning challenges, Ascot is beginning to achieve a steady mill rate at BC's newest gold mine. True to the very purpose of starting with a commissioning period prior to commercial mining operations, Ascot Resources Ltd. has run into challenges as it ramps up to full-scale production at its Premier gold-silver mine within Nisga'a First Nation territory about 15 miles (25 kilometers) north of Stewart, British Columbia. "While various challenges were...
Summer program focused on collecting the final data needed to complete a feasibility for developing a mine at the western Alaska project. Graphite One Inc. June 26 announced the start of a 2024 exploration program focused on collecting the final data needed to complete a feasibility study for developing a mine at its world-class Graphite Creek project in western Alaska. "The 2024 field program is a key milestone for our stakeholders as we advance our feasibility study with a...
Alaska Peninsula and Iliamna claim that federal agency's Pebble veto is illegal and costing them enormous economic opportunity. Alaska Peninsula Corp. and Iliamna Natives Ltd. June 24 filed a lawsuit against the Environmental Protection Agency that alleges the federal agency's veto to "kill a mining project in Bristol Bay at the Pebble deposit, which is the largest gold- and copper-ore deposit in the world" will cost these two Alaska Native corporations "hundreds of millions...
Financing package backed by Orion Resource Partners is more than enough to develop world-class gold-silver mine in Northern BC. With the goal of advancing Eskay Creek into production by the first half of 2027, Skeena Resources Ltd. has secured a $750 million (C$1 billion) financing package to develop a mine at the gold-silver project in British Columbia's Golden Triangle. "On the back of our positive definitive feasibility study released in November 2023, this financing...
Infrared and hyperspectral survey will provide a clearer picture of the scope of early-stage target at Boulder Creek. Panther Minerals Inc. July 3 announced plans to carry out a long-wave infrared survey and interpretation of hyperspectral satellite imagery over the northern portion of the Boulder Creek uranium property in Alaska. Located roughly 100 miles northeast of the Gold Rush town of Nome and about 30 miles north of the village of Elim, the 22,400-acre Boulder Creek...
Plans to carry out mapping and geophysics in preparation for drilling at high-grade copper-silver-zinc-cobalt project in Nunavut. Aston Bay Holdings Ltd. June 27 reported that it is gearing up for an exploration program focused on defining drill targets at Epworth, a western Nunavut property that covers a roughly 46-mile- (74 kilometers) trend of high-grade copper mineralization reminiscent of the deposits in the Central African Copper Belt. The sediment-hosted copper...
Near-surface, high-grade copper intercept cut during winter drilling at northern Nunavut project. American West Metals Ltd. July 1 announced that one hole drilled during its spring program cut three meters of 7% copper at the underexplored Gap target on the company's Storm Copper project in Nunavut. According to an inaugural resource calculated in February, four deposits within a roughly 10-square-kilometer (3.9 square miles) area of the Storm property host 17.48 million...
Anchored by five royalties contributed by Nisga'a Nation in Northern BC, Nations Royalty is world's first Indigenous-owned metals royalty firm. The June 20 listing of Nations Royalty as an investment company on the TSX Venture Exchange was a milestone that will likely forever change the mining landscape in Canada and beyond. Born out of the vision of mining magnate Frank Giustra, a First Nations-to-mining bridge brought to the table by lifelong Northern British Columbia...
HighGold shareholders overwhelmingly vote in favor of joining Alaska's next gold-producing company. In an embrace of Contango ORE Inc.'s unique vision of transforming high-quality projects into Alaska's next gold mines, HighGold Mining Inc. shareholders nearly unanimously approved a deal to merge with the Alaska-based gold company. During a special meeting held on June 27, 93.7% of HighGold shareholders approved the proposed merger with Contango. "We are very pleased to have t...
Buys neighboring Clear Creek project from Victoria Gold. Sitka Gold Corp. June 24 announced that it has expanded its RC Gold project in the Yukon through the acquisition of the adjacent Clear Creek property from Victoria Gold Corp. "We are very pleased to complete the purchase of the Clear Creek property and to welcome Victoria Gold as a major new shareholder of the company," said Sitka Gold CEO Cor Coe. Before the Clear Creek acquisition, Sitka's RC project was already a dist...
With most resources elevated to the indicated category, Northwest Territories zinc project begins transition to feasibility level mine studies. Osisko Metals Inc. June 25 reported that drilling over the past two years has upgraded a significant portion of the mineral resources at Pine Point to the higher confidence indicated category in preparation for elevating this zinc mine project in Northwest Territories to the feasibility stage. According to a new calculation, Pine...
High-grade REE concentrate previously destined for China is now on its way to Saskatchewan for further processing. As home to the first rare earths mine in Canada, Vital Metal Ltd.'s Nechalacho project in Northwest Territories grabbed national headlines as the initial link of a burgeoning rare earth supply chain that would be completely independent of China. With this being hailed as a major milestone for Canada and its allies, Vital's announcement late last year that it...
Multi-year program continues to extend high-grade gold zones and discover new mineralization at the Southeast Alaska mine. Coeur Mining Inc. June 27 reported that its multi-year exploration program at Kensington continues to deliver wide drill intercepts with high-grade gold at this mining operation in Southeast Alaska. In mid-2022, Coeur launched a roughly $80 million exploration program at Kensington focused on extending the life of this high-grade underground mine beyond...
$18.7 million Teck-funded program at Northern B.C. copper project includes camp upgrades, engineering work, and environmental studies. Copper Fox Metals Inc. June 17 reported that a C$18.7 million (US$13.6 million) program funded and operated by Teck Resources Ltd. is in progress at the Schaft Creek copper-gold-molybdenum-silver project in Northern British Columbia. "The 2024 program is underway and will position the Schaft Creek project to progress toward the start of the...
Newest gold deposit in the Fairbanks Mining District hosts nearly half a million oz of the precious metal; newly opened claims unlock growth potential. Felix Gold Ltd. June 20 announced that it has outlined 467,000 ounces of gold in an inaugural resource for the NW Array deposit on the company's Treasure Creek project about 12 miles north of Fairbanks, Alaska. "We are delighted to announce this maiden inferred mineral resource at NW Array, which represents a significant...
Aggressive step-outs aim to confirm continuous CRD zone between past producing gold mine and high-grade silver-zinc-lead deposit. Western Alaska Minerals Corp. June 18 reported that it has already nearly completed the first hole of an initial 4,000-meter drill program focused on demonstrating that the high-grade silver-zinc-lead mineralization outlined at the Waterpump Creek carbonate replacement deposit (CRD) extends more than 3.5 miles (six kilometers) to the past producing...
First batch of 2024 assays demonstrate resource potential at two silver exploration targets. Dolly Varden Silver Corp. June 19 announced that this year's drilling has cut high-grade silver mineralization at the Moose and Chance veins, the northernmost targets on the Dolly Varden end of its Kitsault Valley project in Northern British Columbia. Lying about 25 miles (40 kilometers) south of Stewart, B.C., Kitsault Valley is a 63-square-mile (163 square kilometers) land package...
American Pacific, Dowa begin 2024 program at copper-rich VMS project in Southeast Alaska. American Pacific Mining Corp. June 18 reported that it has launched a 5,100-meter drill program focused on upgrading and expanding the high-grade copper-zinc-silver-gold mineralization at its Palmer volcanogenic massive sulfide (VMS) project in Southeast Alaska. "We are excited to begin this year's drill program at Palmer," said American Pacific CEO Warwick Smith. "In a world that is...
Returns to a Yukon property with the same advantageous nickel mineral as is found at its Baptiste project in B.C. FPX Nickel Corp.'s search for a unique mineral that offers a cleaner source of the nickel that is in high demand due to its use in lithium-ion batteries has led the company back to Canada's Yukon. FPX is best known for its work at Baptiste, an advance-staged exploration project in central British Columbia that shows the potential of being a significant future...
Identifies resource expansion and exploration targets at Tintina Gold Belt project. Discovery Alaska Ltd. June 13 announced that its initial evaluation of data from historical exploration at Vinasale has identified resource expansion at the 2-million-ounce \gold project in Alaska. Lying about 16 miles south of the Southwest Alaska mining town of McGrath, Vinasale is a roughly 6,500-acre project owned by Doyon Ltd., an Alaska Native Claims Settlement Act (ANCSA) regional...
Plans to complete 15,000 meters of drilling targeting the Surebet gold-silver corridor and three discovery targets. Goliath Resources Ltd. June 3 announced that it is ramping up a 15,000-meter drill program to expand the high-grade gold zones at Surebet and test three discovery targets across the wider Golddigger property in Northern British Columbia. Located in the neighborhood of Dolly Varden Silver Corp's Kitsault Valley and Hecla Mining Company's Kinskuch gold-silver...
Exercises option on high-grade copper property, consolidates ownership of larger Alaska Range project. PolarX Ltd. June 12 announced that it has exercised an option to secure an 80% interest in the Caribou Dome property and a 90% interest in the adjacent Senator property, both part of the company's 103-square-mile (266 square kilometers) Alaska Range copper-gold-silver project. Lying just north of the Denali Highway about 160 miles (250 kilometers) northeast of Anchorage, the...
