The mining newspaper for Alaska and Canada's North
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Nova Minerals Ltd. Jan. 2 reported that it plans to follow up on the 2023 exploration success at Estelle with a 2024 program that will include prefeasibility level mining studies, along with continued drilling at the higher-grade RPM deposit and Train target areas at the southern end of this 198-square-mile (513 square kilometers) land package about 100 miles northwest of Anchorage, Alaska. "The work we conducted in 2023 has continued to illustrate the unique opportunity that...
Ascot Resources Ltd. Jan. 3 reported that the 72 infill and exploration holes drilled from surface last year at Big Missouri confirmed and expanded the underground stopes at this first deposit to be mined at the company's Premier gold project in British Columbia's Golden Triangle. Lying about nine miles (15 kilometers) north of Stewart, BC, Ascot's Premier gold project is home to a past-producing gold mine that last operated in the 1990s. A feasibility study completed in 2020...
Alaska Energy Metals Corp. Dec. 19 reported assays from the final two holes from a 2023 drill program that has confirmed the outstanding consistency of nickel-copper-cobalt-platinum group metals mineralization along a 1,200-meter stretch of the 10-mile- (16 kilometers) long Eureka Zone on the company's Nikolai project in Alaska. According to a calculation based entirely on historical drilling, two small pits located about 1,800 meters apart host 319.6 million metric tons of...
Seabridge Gold Inc. Dec. 20 reported that its 2023 Iskut drill program has expanded the known Bronson Slope copper-gold deposit on its Iskut project in Northern British Columbia and confirmed an extensive area of magmatic-hydrothermal alteration sourced from an apparently very large porphyry mineral system at depth. Located about 30 kilometers (19 miles) west of Seabridge's world-class KSM mine project, Iskut is home to the 1980s-era Johnny Mountain gold-silver-copper mine....
Nova Minerals Ltd. Dec. 11 reported that its 2023 drilling has cut broad sections of high-grade gold with resource upgrade and expansion drilling at the RPM North deposit on its Estelle property in Alaska. "These latest drilling results at RPM North confirm the consistency of mineralization and also clearly indicate the potential for resource growth, both in terms of size and confidence," said Nova Minerals CEO Christopher Gerteisen. "Several drill holes intersected...
Dolly Varden Silver Corp. Dec. 20 announced that it has entered into a deal to consolidate ownership of Big Bulk, a porphyry copper-gold project about 10 kilometers (six miles) east of the company's Kitsault Valley gold-silver project at the southern tip of British Columbia's Golden Triangle. Big Bulk, which covers what is interpreted to be the northernmost of a string of several porphyry mineralized systems that extend 30 kilometers (19 miles) south to New Moly LLC's...
Thesis Gold Inc. Dec. 20 reported that its 2023 drill program has cut strong gold mineralization at JK Zone, a sparsely drilled target between the Thesis Structural Corridor and Bonanza-Ridge Zone on the company's Ranch project in the Toodoggone mining district of Northern British Columbia. "The overall area of known mineralization at Ranch continues to expand, demonstrating the significant upside that remains beyond the known zones of mineralization," said Thesis Gold...
Shenghe acquires ore stockpile that symbolized a shift away from China for REEs critical to North America's green energy and high-tech sectors. High-grade ore dug up from a small open pit at Vital Metal Ltd.'s Nechalacho project in the summer of 2021 marked the start of Canada's first rare earth elements mine and the first link in an REE supply chain that was envisioned to be completely independent of China. "The combination of our efforts clearly work together towards the...
Core Assets Corp. Dec. 14 reported that an induced polarization geophysical survey carried out in August has identified two large porphyry targets below the zinc-lead-silver-copper mineralization found at surface along a 2,400-meter-long trend at Silver Lime, a carbonated replacement deposit (CRD)-porphyry project on the company's Blue property in Northern British Columbia. Lying alongside the Alaska border in BC's Atlin Mining District, Blue is a 275,890-acre (111,650...
Massive increase in mining needed to bridge abyss to US's clean energy ambitions; a bad reputation holds the sector back. RENO, Nev. – With policymakers, regulators, automakers, and the public at large looking for "a miracle" from the American mining sector, National Miners Day 2023 was like no other for the more than 1,800 industry representatives that convened for the American Exploration & Mining Association's annual meeting and convention. The miracle being asked of the mi...
Western Alaska Minerals Corp. Dec. 7 reported that it is narrowing in on what appears to be a deeper horizon of silver-rich carbonate replacement deposit mineralization at the Last Hurrah target on the company's Illinois Creek property about 300 miles west of Fairbanks, Alaska. CRD mineralization was discovered at the Waterpump Creek target on the Illinois Creek property by Anaconda in 1982 and was further investigated by Novagold Resources Inc. in the early 2000s. This work...
Freegold Venture Ltd. Dec. 4 reported that results from its 2023 drill program continue to demonstrate that mineralization extends well west of the 20-million-ounce Dolphin-Cleary gold deposit on the company's Golden Summit project about 25 miles north of Fairbanks, Alaska. According to a March calculation, the Dolphin-Cleary deposit hosts 407.54 million metric tons of open-pit mineable indicated resource averaging 0.92 grams per metric ton (12 million oz) gold, plus 282.3...
Canadian North Resources Inc. Nov. 28 reported that assays from the final 26 holes drilled this year at Ferguson Lake has extended three of the zones at this critical minerals 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 enriched with nickel, copper, cobalt, and platinum group metals. According to a 2022 calculation, Ferguson Lake hosts 24.3 million...
Alaska Energy Metals Corp. Dec. 5 reported additional long intercepts of nickel-copper-cobalt-platinum group metals mineralization in resource expansion drill holes in the Eureka Zone of the company's Nikolai project in Alaska. In November, Alaska Energy announced an inaugural resource for the Eureka Zone. According to this calculation, two pits along the 10-mile- (16 kilometers) long Eureka Zone host 319.6 million metric tons of inferred resource averaging 0.22% (1.55...
Thesis Gold Inc. Dec. 7 reported strong gold mineralization at the Steve Zone, a new gold target on the company's Ranch property in the Toodoggone mining district of Northern British Columbia. In August, Thesis finalized a merger with Benchmark Metals Inc. that consolidates its Ranch property with the adjacent Lawyers property held by Benchmark into a single 325-square-kilometer (125 square miles) gold-silver project. Lawyers, the most advanced of the two properties, hosts...
Tectonic Metals Inc. Nov. 23 announced that it completed 19 holes during its inaugural drilling at Flat and is positioned to carry out a larger drill program at this large gold project on Doyon Ltd. lands in Southwest Alaska. "We have achieved a major milestone in our exploration efforts with the successful completion of our first-ever drill program," said Tectonic Metals President and CEO Tony Reda. Located about 25 miles (40 kilometers) north of the world-class Donlin Gold...
Seabridge Gold Inc. Dec. 14 announced that its first-ever drilling at Snip North discovered the upper parts of a new copper-gold porphyry system that may be part of a much larger mineralized trend on the company's Iskut project in British Columbia's Golden Triangle. Iskut, which is about 30 kilometers (19 miles) west of Seabridge's world-class KSM mine project, is home to the 1980s-era Johnny Mountain gold-silver-copper mine. Over the past four years, Seabridge has focused...
Brixton Metals Corp. Dec. 13 announced that drills are continuing to cut nearly one-mile-thick zones of porphyry copper-gold-silver-molybdenum mineralization at the Camp Creek target on the company's Thorn project in Northern British Columbia. Situated about 55 miles (90 kilometers) east of Juneau, Alaska, the 2,863-square-kilometer (1,105 square miles) Thorn project hosts both porphyry copper-gold-silver-molybdenum and high-grade epithermal gold targets. Late last year, BHP...
Fortune Minerals Ltd. Dec. 5 announced that it has received federal and provincial funding for Nico, a vertically integrated cobalt-gold-bismuth-copper project that is slated to include a mine in Northwest Territories and a hydrometallurgical refinery in Alberta. Lying about 150 road-kilometers (95 miles) north of the Canadian rail system at Hay River, Northwest Territories, Nico is a near-development stage mine project that includes an intriguing mix of critical and precious...
Alaska Energy Metals Corp. Nov. 28 announced that it has sold nickel exploration data to KoBold Metals, a high-tech mineral exploration company backed by funding from Bill Gates, Jeff Bezos, and others that leverages the power of AI and machine learning to accelerate the exploration of metals needed for the energy transition. In Alaska, KoBold is exploring for nickel, cobalt, and associated metals at the district-scale Skolai project adjacent to Alaska Energy's Nikolai...
Brixton Metals Corp. Dec. 1 reported that its exploration drilling continues to encounter intriguing gold mineralization at the Trapper target on the company's Thorn copper-gold project in Northern British Columbia. Lying in the northwestern corner of BC and about 55 miles (90 kilometers) east of Juneau, Alaska, the 2,863-square-kilometer (1,105 square miles) Thorn project hosts both porphyry copper-gold-silver-molybdenum and high-grade epithermal gold targets. BHP Group...
Maiden resource for Nikolai begins to show globally significant size of this nickel-cobalt-copper project. With a new 1.55-billion-pound nickel resource calculation at Nikolai, Alaska Energy Metals Corp.'s C$2 million (US$1.5 million) acquisition of historical exploration data for this base and precious metals project in Alaska is already paying dividends for the mineral exploration company. Utilizing historical drill hole information included in the well-kept and organized...
Nova Minerals Ltd. Nov. 20 announced that an extensive mapping and sampling program carried out across Estelle this year has turned up, by far, the highest-grade gold sample ever collected from this project about 100 miles northwest of Anchorage, Alaska. While the 2023 drill program focused on expanding the 9.9-million-ounce gold resource outlined so far at Estelle, Nova geologists collected 674 soil samples, 446 rock samples, and 21 stream sediment samples from across the...
American West Metals Ltd. Nov. 27 reported that surface samples with as much as 38.2% copper and 30.8% zinc have been collected from Tempest, a prospect about 40 kilometers (25 miles) south of the high-grade Storm Copper targets drilled this year on a 219,257-hectare (541,796 acres) property being explored by the company on Nunavut's Somerset Island. This district-scale property covers the Storm Copper project, a roughly 100-kilometer (60 miles) trend prospective for copper,...
From Pentagon's $37.5M grant to Graphite One to emerging nickel deposits, critical minerals are a hot AK mining topic. With Washington investing billions of dollars into ensuring safe and secure critical mineral supply chains, many mining companies are focusing more sharply on unlocking Alaska's potential to be a domestic source of the 50 minerals and metals critical to America's economic well-being and national security. The growing list of critical minerals being sought...