The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 401 - 425 of 3583
Backed by DOD, BSNC, Graphite One completes drill program to support study of graphite supply chain critical to US Thanks in large part to substantial backing and support from the U.S. Department of Defense and Bering Straits Native Corp., Graphite One Inc. completed a 57-hole drill campaign at the Graphite Creek project in western Alaska that is focused on accelerating the completion of a feasibility study for developing an advanced graphite material supply chain in the...
Northern Star Resources Ltd. Nov. 20 announced the discovery of Star, an emerging gold deposit about 1,300 meters southeast of the Leise and North zones that have contributed most of the 4.8 million ounces of gold that have been produced over the past 17 years at the Pogo Mine in Alaska. "Pogo drilling results continue to impress with near-mine opportunities underpinning the mine life and investment thesis for this operation," said Northern Star Resources Managing Director and...
Vital Metals Ltd. Nov. 21 reported that high-grade rare earths encountered with this year's drilling at Tardiff confirms the higher-grade expansion potential of this larger deposit on the company's Nechalacho project in Northwest Territories. The Australia-based company gained notoriety in 2021 with the start of operations at Nechalacho, marking the first and only rare earths mine in Canada. High-grade ore mined from the North T deposit at the project was upgraded with an ore...
Drilling taps high-grade gold within, beyond resource bounds at Goose; exploration holes at George affirm growth potential. B2Gold Corp. Nov. 22 provided an update on an expansive exploration program at its newly acquired Back River gold project in Nunavut focused on high-grade gold zones to support an optimized mine plan Goose, along with drilling to explore potential future mines across the district-scale project that includes five blocks of claims covering an 80-kilometer...
State's inaugural sustainability report details the ESG advantages of looking North to Alaska for energy transition metals. The global energy transition has steered Alaska to a critical minerals crossroad that will shape the economic future of America's Last Frontier. On the one hand, the push for low-carbon energy is expected to put a dent in the demand for petroleum, which has been Alaska's economic lifeblood for more than five decades. On the other, Alaska happens to be...
World's top gold mining company adds two Golden Triangle mines to its two large gold-copper projects in Northern BC. In a historic deal that adds to Newmont Corp.'s position as the world's largest gold producer while also substantially boosting its production of the copper needed for the energy transition, the Colorado-based mining company has completed the roughly US$19 billion buyout of Newcrest Mining Ltd. "Today marks a historic milestone in our company and the industry...
Kinross Alaska celebrates two milestones; one an echo of past success and the other a beacon to a bright future. Kinross Gold Corp. Nov. 8 reported that its Fort Knox Mine in Alaska produced 71,611 ounces of gold during the third quarter of 2023, which included the nine millionth ounce recovered from this iconic mine about 25 miles north of Fairbanks, Alaska. "As we celebrate this remarkable milestone of pouring nine million ounces of gold from the Fort Knox refinery, we also...
Kenorland Minerals Ltd. Nov. 15 announced that its 2023 program in Alaska included 2,541 meters of drilling funded by Antofagasta Minerals at its Tanacross copper-gold-molybdenum project along the Yukon border in eastern Alaska, as well as geophysics on its Healy gold project in the Goodpaster Mining District. In April, Kenorland announced that Antofagasta Minerals, a subsidiary of Chilean copper miner Antofagasta PLC, budgeted US$3.8 million for the 2023 program at...
American Pacific Mining Corp. Nov. 14 reported additional high-grade copper and zinc assays from the 2023 drill program at its Palmer volcanogenic massive sulfide project near the town of Haines in Southeast Alaska. A preliminary economic assessment that was updated prior to American Pacific's acquisition of a roughly 45% joint venture interest in Palmer late last year outlines an underground mine and a 3,500-metric-ton-per-day mill at the project that would produce 1.07 billi...
Teck to receive a total of $8.2B for coal assets in Southern BC; cash infusion to bolster focus on clean energy metals. In a deal that finds a middle ground between the ambitions and future visions of two mining companies, Teck Resources Ltd. has agreed to sell its steelmaking coal assets in Southern British Columbia to Glencore for around US$6.9 billion. "This sale will ensure Teck is well-capitalized and able to realize value from our base metals business and deliver strong...
Feasibility study details on open-pit mine slated to produce 2.8M oz of gold over first 12 years of mine. A definitive feasibility study for Eskay Creek details the economic and engineering parameters for a longer-life mine at this exciting gold-silver project in British Columbia's Golden Triangle that will generate strong financial returns for Skeena Resources Ltd., even at the higher costs of building the mine in today's inflationary environment. Under the base case...
Nova Minerals Ltd. Nov. 15 announced that its 2023 surface sampling program has discovered strong antimony mineralization alongside the gold, silver, and other metals at the Train and Trumpet targets on the company's 198-square-mile (513 square kilometers) Estelle project about 100 miles northwest of Anchorage. While Nova continues to primarily be focused on expanding the 9.9 million ounces of gold it has outlined so far at Estelle, the Australian company has identified...
Freegold Venture Ltd. Nov. 7 announced the completion of a 44-hole drill program at Golden Summit that included 37 holes focused on expanding and upgrading the 19.7-million-ounce Dolphin-Cleary gold deposit and seven holes testing the Saddle discovery target about 2.5 miles to the east. 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 million metric tons of...
Vital Metals turns to Chinese firm to fund Nechalacho, home to first REE mine in Canada. Drifting further away from the original vision of establishing a rare earths supply chain in Canada that would help to break the West's heavy reliance on China for this suite of tech elements, Vital Metals Ltd. has turned to Shenghe Resources Holding Co., Ltd. for funding that will allow the Australia-based REE mining company to move forward with its plans for a larger mine at its...
Dolly Varden Silver Corp. Oct. 30 announced that Hecla Mining Company is investing C$10 million (US$7.2 million) in the Northern British Columbia-focused precious metals exploration company. Hecla, which has long held a stake in Dolly Varden, has agreed to acquire 15.38 million shares of the company at C65 cents each. As a result, Hecla's will own a 15.7% interest in Dolly Varden, a significant increase from its prior 10.6% interest. In connection with the Hecla investment,...
Summer shipping and construction success keep the Goose Mine on track for first gold pour in Q1 2025. With a successful summer construction and shipping season, B2Gold Corp. says its Back River gold project in Nunavut remains on pace to pour its first gold early in 2025. Upon the April completion of its acquisition of Sabina Gold & Silver Corp., which had already made significant progress on early development at Back River, B2Gold immediately invested the resources necessary...
Tectonic Metals Inc. Oct. 30 announced that it has expanded Flat through staking of state mining claims and an option on two claim blocks north of the 91,620-acre gold project in the Kuskokwim Mineral Belt of Southwest Alaska. Located roughly 25 miles (40 kilometers) north of the world-class Donlin Gold project, Flat is a property Tectonic leased from Doyon Ltd. that covers the likely lode source of two creeks – Flat and Otter – that are estimated to have produced more than 83...
Assays from first four holes return 0.34% Ni-eq over 300-meter widths. Alaska Energy Metals Corp. Oct. 30 reported that assays from two more holes at Nikolai further confirm the remarkable consistency of the disseminated nickel sulfides in the roughly 300-meter-thick Eureka Zone that runs roughly 10 miles (16 kilometers) across this nickel-copper-cobalt-platinum group metals project about 55 miles south of Delta Junction, Alaska. The nickel-enriched Eureka Zone at Nikolai has...
Valhalla Metals Inc. Oct. 30 reported that all four step-out holes drilled this year at its Sun project in the World Class Ambler Mining District of Northwest Alaska cut significant zones of volcanogenic massive sulfide mineralization enriched with copper, zinc, silver, and gold. Lying alongside the route of the proposed Ambler Access Project, colloquially known as the Ambler Road, Sun hosts VMS deposits similar to the Arctic Mine project being advanced by Ambler Metals about...
Latest round of results from the 51,454-meter drill program carried out at Kitsault Valley this year. Dolly Varden Silver Corp. Nov. 6 reported additional high-grade silver intercepts at Wolf, the northernmost of the deposits on the Dolly Varden end of its Kitsault Valley project, and similar silver mineralization in discovery drilling at Moose Vein, which lies about 1,500 meters further north. Located about 40 kilometers (25 miles) southeast of Stewart, BC, the...
Freegold Ventures Ltd. Oct. 23 reported that its 2023 drilling continues to trace gold mineralization to the north and west of the 19.7-million-ounce Dolphin-Cleary deposit at Golden Summit and is encountering visible gold on exploration targets that could add to the world-class gold endowment on this project about 25 miles north of Fairbanks, Alaska. The Dolphin-Cleary deposit hosts 407.54 million metric tons of open-pit mineable indicated resource averaging 0.92 grams per...
Ascot Resources Ltd. Nov. 3 reported a bonanza grade gold intercept at Big Missouri that is the highest-grade intercept ever drilled at this first deposit to be mined when operations resume 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 detailed plans...
Teck Resources Ltd. Oct. 24 reported that equipment failures at Red Dog impacted third-quarter production at this world-class zinc mine in Northwest Alaska. Over the three months ending Sept. 30, Red Dog produced 124,600 metric tons (274.7 million pounds) of zinc, which is 21% lower than the 157,800 metric tons (347.9 million lb) produced during the same period of 2022. Teck attributes the drop in zinc output to a drop in the tonnage of ore fed into the mill due to equipment...
Amarc Resources Ltd. Oct. 26 announced the completion of a 2023 geophysical and sampling program at Joy in preparation for an extensive Freeport-McMoRan-funded 2024 drill program on this large copper-gold project in the Toodoggone mining district of Northern British Columbia. Lying between Thesis Gold Inc.'s Lawyers gold-silver project to the northwest and Centerra Gold's Kemess copper-gold project to the southeast, the 482-square-kilometer (186 square miles) Joy property cove...
Thesis Gold Inc. Oct. 24 reports that the first 2023 holes at Bonanza have cut strong mineralization, including one hole that lives up to the name given to this zone on the company's Ranch project in the Toodoggone mining district of Northern British Columbia. Thesis, which closed a merger with Benchmark Metals Inc. in August, is in the midst of a 50,000-meter drill program that involves roughly 30,000 meters on the Ranch property and 20,000 meters at Lawyers, a property...
