The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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Alaska and Canada's North poised to deliver in the 21st century. As the United States wrestles to loosen China's grip on the global supply of critical minerals, there is a growing realization that Alaska and Canada's North host rich deposits of the elements essential to the energy transition, national security, and the overall economy. Antimony and graphite in Alaska, platinum group metals (PGM) and tungsten in the Yukon, cobalt and lithium in Northwest Territories, nickel...
Continues to trace the Wolf vein toward Torbrit, the largest silver deposit at Kitsault Valley. Dolly Varden Silver Corp. Jan. 7 reported results from drilling that continue to trace the Wolf deposit toward Torbrit, the largest silver deposit identified so far 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 Dolly Varden's namesake silver property and...
Drills cut multiple gold intervals at Golddigger, including 5.2 meters of 34.26 g/t gold and 34.15 g/t silver in the Bonanza Zone. Goliath Resources Ltd. Jan. 7 reported that its latest batch of assay results continue to confirm the continuity of the expanding Bonanza Zone on the company's Golddigger project in Northern British Columbia. Golddigger is a 52,756-hectare (130,363 acres) property that runs alongside the "Red Line," a geological contact zone that is the key marker...
Mining has a key role to play in self-reliance and prosperity. The Canadian and Nunavut governments kicked off 2024 with a historic devolution agreement that will transfer the management of lands and resources in Canada's largest territory in the hands of Nunavummiut (people of Nunavut). "With the signing of this agreement, we can now bring decision-making about our land and waters home," Nunavut Premier P.J. Akeeagok said during the January signing of the devolution...
Toward its goal of unlocking the value of Estelle, Nova Minerals Ltd. is pulling together the final bits of information needed to complete a feasibility study for developing a mine at this gold and critical minerals project in Alaska’s West Susitna Mineral District. “Estelle is a major mineralized trend, hosting gold, antimony, silver, copper, and other critical elements and we are working to begin production as early as possible and operate for decades supplying the min...
Western Alaska Minerals Corp.'s 2024 exploration program at Illinois Creek focused on testing targets that lie between two established deposits at opposite ends of a roughly five-mile trend of carbonate replacement deposit (CRD) mineralization on this district-scale exploration project about 300 miles west of Fairbanks, Alaska. Over the previous three seasons, Western had focused much of its exploration on Waterpump Creek, a silver-rich CRD deposit at Illinois Creek. Based on...
Following the 2023 merger with Benchmark Metals Inc., Thesis Gold Inc. has focused on completing the exploration and engineering studies that will provide details of a mine that leverages the synergies offered by the neighboring Lawyers and Ranch gold-silver properties in Northern British Columbia's Toodoggone Mining District. "Starting in 2023, we set an ambitious goal to focus our exploration and engineering efforts on optimizing our project establishing a low-cost future pr...
In less than 18 months after listing on the Nasdaq with a $20 million initial public offering, U.S. GoldMining has more than doubled the amount of copper, gold, and silver in indicated resources within the namesake deposit on its Whistler project in the West Susitna Mineral district about 100 miles northwest of Anchorage, Alaska. "This 'trifecta' of commodities in the West Susitna is highly attractive at a time when all are currently experiencing strengthening commodity...
With the sale of its steelmaking coal business to Glencore for $7.3 billion in cash, Teck Resources Ltd. has shifted its focus to being a pure-play energy transition metals company focused on growth. The Vancouver, British Columbia-based mining company has reorganized its copper, zinc, and other energy transition assets in North and Latin America into two regional business units. The North American business unit includes the Highland Valley copper mine in Southern British...
With financial backing from Northern Star Resources Ltd. in its pocket and a compelling scoping study under its belt, PolarX Ltd. is focused on expanding high-grade copper resources and optimizing mining plans for its district-scale Alaska Range project. Lying just north of the Denali Highway about 160 miles (250 kilometers) northeast of Anchorage, the 22-mile-long Alaska Range land package comprises three primary groups of claims – Caribou Dome, Senator, and Stellar. C...
While much of Seabridge Gold Inc.'s focus in 2024 was on forming a joint venture partnership with a major mining company with the wherewithal to develop a world-class mine at its KSM copper-gold-silver-molybdenum project in Northern British Columbia, the company continues to explore its four earlier-staged exploration projects in B.C., Yukon, Northwest Territories, and Nevada. According to the most recent calculation, KSM hosts 153.9 million ounces of gold and 54.5 billion...
The July 8 pouring of the first gold bar from the Manh Choh Mine marked a new phase of roughly half-a-million-ounce-per-year gold production at Kinross Gold Corp.'s iconic Fort Knox Mine in Alaska. This new chapter for Fort Knox is the product of the global mining company's "Kinross Alaska" strategy – an initiative launched in 2020 to enhance gold production in Alaska by supplementing the primarily heap leach-grade ore mined from the Fort Knox property with higher-grade mill f...
Now that Northern Star Resources Ltd. has the mill at Pogo outperforming its 1.3-million-metric-ton per year nameplate capacity, the Australia-based mining company is looking to build upon the 5.88 million metric tons of reserves averaging 8 grams per metric ton (1.52 million oz) gold at its Alaska mine and is looking to expand its presence in America's Last Frontier state. With the goal of ramping up gold production at Pogo to 300,000 oz per year, Northern Star invested in a...
Rejoins geological units separated by 300 miles and 52 million years; discovering a clue to Alaska's terrane wreck. The massive Pacific Plate colliding into and sliding past Alaska is causing a slow-moving terrane wreck that is pushing Denali and other Alaska Range mountains up to epic heights, enriching the state with minerals, and creating a dynamic tectonic environment that is witnessed by the magnitude seven-plus earthquakes that shake America's Last Frontier every couple...
Is spinning Yukon gold properties into new company; picking up new U.S. copper-gold projects. Pacific Ridge Exploration Ltd. Dec. 30 reported that it plans to spin its Yukon gold exploration properties out into a new company and acquire new projects in the United States that will complement its portfolio of copper-gold porphyry projects in Northern British Columbia. "We are very excited about our future plans," said Pacific Ridge President and CEO Blaine Monaghan. The...
University will use the funds for a DOE CORE-CM regional program to evaluate and prioritize critical mineral sites in Alaska, Oregon, and Washington. Alaska is enriched with at least 49 out of the 50 minerals critical to America's economy, national security, and energy future. Many of these critical minerals, however, are not in traditional ore deposits. Instead, they are often found as minor byproducts of more traditionally mined metals such as copper, gold, silver, and zinc...
Fortune reports positive results from feasibility-level studies supported by DOD, NRCan, Alberta Innovates, and Rio Tinto. Fortune Minerals Ltd. Jan. 8 reported that the engineering and test work being supported by roughly $12 million (C$17 million) in funding from the U.S. Department of Defense (DoD), Natural Resources Canada (NRCan), and Alberta Innovates is resulting in metals recovery and cost improvements that will be incorporated into an updated feasibility study for a...
Bulk sample permit allows company to advance mine development; unlocks next level of funding. Skeena Resources Ltd. Dec. 16 announced that the British Columbia Ministry of Mining and Critical Minerals has approved a permit for the company to extract a 10,000-metric-ton bulk sample at Eskay Creek, an authorization that keeps development of the Northern British Columbia gold-silver mine project on track for production as early as 2027. "The receipt of the Bulk Technical Sample...
9% expansion of indicated resources provides foundation for DSO mine at high-grade copper project in Nunavut. In another large step toward its goal of establishing a low-cost mining operation capable of directly shipping high-grade ore from Storm Copper to global markets, American West Metals Ltd. reported a major expansion of the Australian Joint Ore Reserves Committee- (JORC) compliant resources at its project in Nunavut. "The updated JORC-compliant MRE (mineral resource...
Ambler Road, other natural resource projects are at the top of governor's priorities to reverse a "four-year assault on Alaska." Reversing the Biden administration's decision to revoke permits required to build a road to the Ambler Mining District is high on a list of Alaska priorities that Gov. Mike Dunleavy sent to President-elect Donald Trump and his transition team. The 28-page "Alaska Priorities for Federal Transition" report sent to the incoming presidential team...
Drills cut strong silver, zinc, lead, and critical minerals beyond the current deposits; property-wide exploration indicates larger potential. Coeur Mining Inc. Dec. 18 reported that the 20,827-meter drill program carried out at Silvertip this year has more than doubled the strike length of the Southern Silver Zone deposit at this advanced-stage exploration project in Northern British Columbia. Silvertip had just begun operations when Coeur bought the project in 2017. The...
Confirm a zone of higher-grade mineralization above the large porphyry copper-gold-silver-molybdenum porphyry. Brixton Metals Corp. Dec. 9 reported the discovery of a high-grade gold zone within the large and copper-dominant Camp Creek porphyry on its Thorn project in Northern British Columbia. Located about 55 miles (90 kilometers) northwest of Juneau, Alaska, Thorn is a 2,945-square-kilometer (1,137 square miles) property that is best known for the up to one-mile-long...
Raises $7.5 million through the sale of shares in Snow Lake Resources and the exercise of warrants to fund its antimony and gold initiatives in Alaska. Nova Minerals Ltd. Jan. 2 announced that it has raised $6.7 million (A$10.9 million) through the sale of 6.6 million shares of Snow Lake Resources Ltd., an energy metals exploration company with lithium and uranium projects in Canada and Namibia. Nova, which founded Snow Lake in 2021, decided to sell its holdings in the company...
Trump's vow to maximize mining in Alaska , ESG benefits of mining in Northern BC, and historic investments in a NWT critical minerals project land on the list. From the launch of a new Prospectors and Developers Association of Canada (PDAC) initiative to position Indigenous youth as next-generation mining leaders to the collapse of the tailings storage facility at Victoria Gold Corp.'s Eagle Mine, North of 60 Mining News delivered more than 570 articles last year covering the...
Third batch of ore processed elevates company's 2024 total to $40.5 million for 42,000 oz of gold from Alaska mine. Contango Ore Inc. Dec. 19 received a cash payment of $9 million for the profits from its 30% share of the gold and silver recovered during the processing of the third batch of ore from Manh Choh Mine. Under the Peak Gold Joint Venture between Kinross (70%) and Contango (30%), high-grade ore mined at Manh Choh Mine is trucked roughly 240 miles to be processed...
