The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 226 - 250 of 3528
Epworth property hosts high-grade sediment-hosted copper mineralization reminiscent of Storm Copper and the Central African Copper Belt Aston Bay Holdings Ltd. March 1 announced that it has the option to earn an 80% interest in Epworth, a project that covers a 74-kilometer- (46 miles) long trend of high-grade copper, silver, and zinc mineralization with accompanying gold, cobalt, and lead in western Nunavut. Located 80 kilometers (50 miles) southeast of Kugluktuk, a Nunavut...
Tribal council unanimously passes resolution in support of the Ambler Access Project. Trilogy Metals Inc. March 21 announced that the Ruby Tribal Council has passed a resolution in support of the Ambler Access Project – a proposed 211-mile, industrial-use-only road that would connect the mineral-rich Ambler Mining District in Northwest Alaska to the Dalton Highway and global markets. Ruby is an Alaska Native community that lies about 150 miles south of the Ambler Mining D...
Ambler Access Project Subsistence Advisory Committee passes resolution for policies to protect fish and wildlife, and keep road private. Leveraging nearly four decades of success when it comes to protecting and managing subsistence resources along the 50-mile road that connects the Red Dog Mine to a port on Alaska's west coast, the Ambler Access Project Subsistence Advisory Committee (SAC) passed a resolution to establish policies that will protect subsistence resources along...
Alberta-based firm is new Komatsu underground mining equipment dealer for Alaska and Canada. Mining companies in Alaska, British Columbia, and the Canadian territories will soon have another supplier of underground mining equipment. Alberta-based SMS Equipment has recently been selected as the official dealer of Komatsu underground hard rock mining equipment across most of Canada and in Alaska. "Komatsu and SMS Equipment have a shared goal of maximizing value to underground...
American West plans to expand high-grade resources, test discovery targets this year. American West Metals Ltd. Feb. 26 announced plans for 22,000 meters of resource expansion, definition, and exploration drilling this year at its high-grade Storm Copper project on Nunavut's Somerset Island. In mid-February, American West reported the first-ever industry-compliant resource estimate for Storm. According to this calculation, four deposits within a roughly 10-square-kilometer...
Stoney area sampling discovers two new prospects. Nova Minerals Ltd. Feb. 26 announced that the property-wide sampling and mapping program carried out last year at Estelle has discovered another area of high-grade gold and antimony mineralization on the company's 198-square-mile (513 square kilometers) property in Alaska. According to an early 2023 resource calculation, Estelle hosts 1.1 billion metric tons of global resources averaging 0.3 grams per metric ton (9.9 million ou...
Pogo Mine owner is underwriting A$4.9M financing by Australia-based junior exploring Alaska Range. PolarX Ltd. Feb. 27 announced that Northern Star Resources Ltd. has agreed to participate in a financing that would earn the Australia-based gold producer a 28.5% interest in the junior exploration company. Both Australia-based companies have interests in Alaska – Northern Star owns and operates the high-grade Pogo gold mine, and PolarX is exploring the district-scale Alaska R...
MobileMT EM survey lights up several untested VMS and porphyry targets at Johnson Tract. HighGold Mining Inc. Feb. 28 reported that a property-wide electromagnetic (EM) and magnetic geophysical survey has outlined a 7.5-mile- (12 kilometers) long corridor of gold-rich volcanogenic massive sulfide (VMS) targets at Johnson Tract that are similar to the JT Deposit and Ellis Zone found along this trend, along with two significant porphyry-style copper-gold targets alongside the...
Zinc contributed most to state's mine production value during 2023; gold is poised to take the crown and make run toward 1 million ounces per year. At a value of $1.5 billion, zinc held onto its throne as the most valuable metal produced in Alaska during 2023. With production forecasts and price trends headed in opposite directions for zinc and gold, however, the gleaming precious metal that drew fortune-seekers North at the turn of the 20th century could soon regain the...
Core Assets' drilling encounters late-staged gold with the massive sulfides at the CRD-porphyry project in Northern B.C. Core Assets Corp. March 5 reported that its 2023 drilling has encountered significant gold mineralization that seems to have overprinted the silver-zinc-lead-copper massive sulfides at the Silver Lime project on the company's Blue property in Northern British Columbia. Covering 111,650 hectares (275,890 acres) alongside the Alaska border in B.C.'s Atlin...
Recent study shows Exyn drones more safely collect higher quality survey data in half the time compared to traditional mine mapping methods. Exyn Technologies' drone-based mapping system is faster, more accurate, and infinitely safer than traditional underground mine surveying technologies, according to a recent study completed at Northern Star Resources Ltd.'s Pogo gold mine in Alaska. "[T]he data doesn't even compare," said Andrew Loomes, chief mine surveyor at Pogo. Exyn...
Secures former critical minerals stockpile site to build graphite processing and battery materials recycling plant. Graphite One Inc. plans to transform a former national defense critical minerals stockpile site in Ohio into a domestic source of the graphite anode material going into the lithium-ion batteries powering electric vehicles and storing renewable energy. "Graphite One is delighted to announce that, subject to financing, we will be building our advanced graphite...
Urges White House to streamline permitting process for domestic mines that will supply the minerals and metals needed for energy transition. Alaska Gov. Mike Dunleavy leveraged the national platform offered by S&P Global's CERAWeek 2024 energy conference in Houston to urge the Biden administration to streamline the permitting for mines that will deliver a domestic supply of the minerals and metals critical to America's economy, security, and clean energy ambitions. "Our...
Ascot expects to begin feeding first ore into mill over the next few days and pour first ounces of gold from the Northern BC mine by mid-April. Ascot Resources Ltd. March 26 reported that it remains on track for the first gold pour at Premier in April and will reach commercial production at the new iteration of this historic gold-silver mine sometime after midyear. Lying about 15 kilometers (nine miles) north of Stewart, B.C., Ascot's Premier project is home to a...
Gold explorer's expanded C$10 million financing will fund ongoing resource expansion and exploration at Golden Summit. Freegold Venture Ltd. March 8 announced plans to raise C$10 million (US$7.4 million) to continue exploration at its 20-million-ounce Golden Summit gold project about 25 miles north of Fairbanks, Alaska. The financing is double what was originally proposed, thanks to strong interest from investors. The Dolphin-Cleary deposit at Golden Summit hosts 407.5...
Indicated resource at Nunavut project jumps 172%. Canadian North Resources Inc. March 19 reported that drilling carried out since mid-2022 has resulted in an enormous increase in resources at its Ferguson Lake nickel-copper-cobalt-platinum group metals (PGM) project in Nunavut's Kivalliq region. The 256.8-square-kilometer (99.2 square miles) Ferguson Lake project covers a roughly 15-kilometer- (nine miles) long mineralized trend. So far, 18 massive sulfide and two low-sulfide...
Plans to carry out drilling to expand high-grade gold resource; primary focus remains on NW Array gold. Felix Gold Ltd. March 15 announced that it is taking a fresh look at a potential pathway to establishing a mine at the historical Grant gold mine a few miles northwest of Fairbanks, Alaska. A high-grade deposit was discovered at Grant in 1926 and small-scale mining was carried out there until 1942. Interest in the high-grade gold deposit was renewed in the 1970s and mining...
Don Lindsay Teck Award in Mining Engineering contributes $2 million to foster the next generation of mining talent at UBC and Queen's University. In a fitting tribute to former president and CEO Don Lindsay, Teck Resources Ltd. has awarded C$2 million to establish scholarships for mining engineering students at Canada's two largest mining schools – the Norman B. Keevil Institute of Mining Engineering at the University of British Columbia and the Robert M. Buchan Department of...
7 drilling expands Bingo Zone on Ranch property; new gold-silver-copper expansion targets and porphyry potential emerge. Thesis Gold Inc. March 12 reported that high-grade gold, along with associated silver and high-grade copper, drilled at the Bingo Zone enhances the upside potential of the company's Ranch project in Northern British Columbia. Located in the Toodoggone mining district east of B.C.'s Golden Triangle, Ranch is the northern half of a 325-square-kilometer...
Showcases potential of copper-gold projects in the prolific Quesnel terrane. Pacific Ridge Exploration Ltd. March 13 provided an overview and exploration plans for its copper-gold projects in northcentral British Columbia. "We now own, or control five copper-gold porphyry projects located in the prolific Quesnel and Stikine terranes in northcentral B.C. and are inarguably one of the province's leading copper-gold exploration companies," said Pacific Ridge Exploration...
Australian explorer acquires interest in lithium-tantalum project in Northwest Territories' famed Yellowknife Pegmatite Province. Narryer Metals Ltd. March 12 announced that it has entered into an agreement to acquire a 70% interest in the Big Hill and Fran lithium-tantalum projects in Yellowknife Pegmatite Province in Canada's Northwest Territories. "Canada will be the first part of the supply chain for future lithium battery development in North America, and Narryer Metals...
New model substantially expands the volume of gold mineralization within the Surebet corridor at Golddigger. Goliath Resources Ltd. March 4 reported that a new structural model has identified six new gold veins in the Surebet area of its 52,756-hectare (130,363 acres) Golddigger property about 30 kilometers (19 miles) southeast of Stewart, British Columbia. Goliath had outlined three high-grade gold zones – Surebet, Bonanza Shear, and Golden Gate – along the roughly 1,800-mete...
Zinc production is expected to trend downward as ore grades decline over the coming four years. Teck Resources Ltd. Feb. 21 reported that its Red Dog Mine in Northwest Alaska produced 1.19 billion pounds of zinc in 2023 and forecasts similar output this year. Starting in 2025, however, zinc production from this operation, which accounts for more than 4% of the world's supply of this galvanizing metal, is expected to begin dwindling. The company attributes the coming decrease i...
7 exploration returned mixed results for the Kensington Mine in Alaska, Silvertip project in BC. Coeur Mining Inc. Feb. 20 reported a slight drop in reserves but a significant rise in the amount of gold, silver, zinc, and lead reporting to resources across its four operating mines and two advanced exploration projects. This includes modest resource growth at its Silvertip silver-zinc-lead project in Northern British Columbia and a slight drop of gold in resources at its...
Ascot raises $96.6 million to ramp Northern BC gold-silver mine to steady production; workers achieve impressive safety milestone. With the price of gold holding steady above $2,000 per ounce, Ascot Resources Ltd. is wrapping up the development of its Premier Mine and expects to pour the first gold at this newest iteration of the historic Northern British Columbia operation in April. "With project construction nearing completion and early commissioning underway, we eagerly ant...
