The mining newspaper for Alaska and Canada's North
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Cassiar Gold Corp. Oct. 24 reported encouraging results from its 2023 drilling at Taurus East and Wings Canyon, resource expansion targets east and southeast, respectively, of the Taurus gold deposit on the company's Cassiar project in Northern British Columbia. The 145,800-acre (59,000 hectares) Cassiar gold property is divided into two areas – Cassiar North, which hosts the bulk tonnage Taurus gold deposit, and Cassiar South, which hosts multiple high-grade gold targets. A...
Alaska Delegation says Ambler Road is guaranteed by Congress; Alaska Natives come out for, against road. Roughly a year and a half after suspending the previously issued federal permits to build a 211-mile industrial access road to the Ambler Mining District, the U.S. Bureau of Land Management has published a draft supplemental environmental impact statement for a transportation corridor that would link the metal-rich region of Northwest Alaska to global markets. Permits for t...
BEAVER CREEK, COLO. – The thin air at the 8,100-foot elevation of the 2023 Precious Metals Summit at Beaver Creek offers a perfect allegory for the markets faced by the gold and silver mineral exploration companies that summited the Rocky Mountains to connect with investors. Mineral explorers in good financial shape hardly noticed the relatively low concentrations of capital atop Beaver Creek Mountain, those in decent shape may be winded but are hopeful they have enough f...
First two holes cut thick nickel sulfide zones expected at Eureka, and bonus mineralized zone. Alaska Energy Metals Corp. Oct. 16 reported that assays from its first two drill holes at Nikolai confirm the grades and consistency of the disseminated nickel sulfides in the 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. Nikolai's Eureka zone was first identified b...
Brixton Metals Corp. Oct. 18 announced the first assays from Trapper gold target on the company's Thorn copper-gold project in northwestern 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 Group Ltd. invested C$13.6 million (US$9.9 million) to acquire a 19.9% interest in...
Li-FT Power Ltd. Oct. 12 continued its steady stream of assays from the 2023 drilling on its Yellowknife Lithium project in Northwest Territories, with results from holes testing the BIG East and Shorty pegmatites. Yellowknife Lithium consists of 11 properties that cover some of the most prospective targets within the Yellowknife Pegmatite Province, a 9,600-square-kilometer (3,700 square miles) area east of the NWT capital city. Li-FT has divided these properties into two...
Freegold Ventures Ltd. Oct. 11 reported that high-grade gold intercepts cut in holes drilled west of Dolphin-Cleary demonstrate the expansion potential of this 19.7-million-ounce gold deposit on the 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 million...
Thesis Gold Inc. Oct. 11 reported deep drilling at Lawyers continues to cut intervals of high-grade gold-mineralization within broader zones below the proposed open-pit at Dukes Ridge, further supporting a plan for both underground and open-pit mining at this gold-silver project in Northern British Columbia's Toodoggone Mining District. Earlier this year, Thesis finalized a merger with Benchmark Metals Inc. that consolidates the adjacent Lawyers and Ranch gold-silver projects...
Lightning Ridge discovery hole is further evidence of the camp-scale potential at the high-grade Storm copper project. American West Metals Ltd. Oct. 11 said that new high-grade copper intercepts encountered with drilling at the Lightning Ridge discovery and 2200N Zone underscore the camp-scale discovery and mining potential across the 850-square-mile (2,200 square kilometers) Storm Copper project on Somerset Island in northern Nunavut. To further understand this...
Despite shutdown of Lucky Friday in August, company remains on track to achieve silver production target. Even with an August fire shutting down operation at its Lucky Friday mine in Idaho for the rest of the year, Hecla Mining Company expects its operations in Alaska and the Yukon to help the company achieve the Idaho-based miner's silver production target for this year. "Despite less production at the Lucky Friday, Greens Creek's consistent performance and the ramp-up of...
Rio Tinto, Fortune Minerals team up to recover critical minerals at Nico refinery in Alberta. To bolster the North American supply of critical minerals, global mining giant Rio Tinto and Canadian mine developer Fortune Minerals Ltd. are working to together to improve the recovery of bismuth and cobalt from ore and waste streams. "We are committed to find better ways to provide the materials the world needs to grow and decarbonize," said Rio Tinto Kennecott Managing Director...
Over the course of two short years, Vital Metals Ltd. has fallen from a visionary mining company pioneering a first-ever rare earth supply chain in Canada to a delisted Australian firm struggling to reclaim some of its former glory at the Nechalacho rare earths mine in Northwest Territories. Vital Metals reached a pinnacle when its Canadian subsidiary Cheetah Resource Corp. began mining ore from the high-grade North T deposit at Nechalacho during the summer of 2021, forging...
American Pacific Mining Corp. Oct. 4 announced that it is wrapping up the 2023 field program at Palmer with roughly 500 meters of drilling to test a new target on this advanced-staged zinc-copper-silver-gold exploration 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...
Ascot Resources Ltd. Oct. 19 reported that the latest batch of assays from 12 holes includes seven that cut greater than an ounce of gold per metric ton at the Prew Zone, which is the first area of the Premier deposit to be mined when a new era of operations begins at the Premier Mine in British Columbia's Golden Triangle. Lying about 15 kilometers (nine miles) north of Stewart, BC, Ascot's Premier gold project is home to a past-producing gold mine that last operated in the...
Northern Star Resources Ltd. Oct. 19 reported that its Pogo Mine in Alaska produced 61,817 ounces of gold during the third quarter of calendar year 2023. Over the first nine months of this year, Pogo poured 192,918 oz of gold, putting the company's only operation outside of Australia on pace to top 250,000 oz in 2023. Since completing an expansion of the Pogo mill to 1.3 million metric tons per year in 2022, Northern Star has been working to ramp up gold output at the...
Felix Gold drills up to 28% antimony, including 6.1m of 13% Sb at project near Fairbanks, AK Felix Gold Ltd. Oct. 19 reported that assays from the 2023 drill program at the NW Array target returned high-grade antimony that elevates the criticality of the company's Treasure Creek project in Alaska. Since its emergence on the Alaska mining scene in 2021, Australia-based Felix has amassed more than 150 square miles of gold-enriched properties in the Fairbanks Mining District of...
Tahltan Nation's business arm has partnered with Solvest to install solar systems at mining project in Tahltan Territory. With the goal of advancing clean energy in Northern British Columbia and adding to its business endeavors, Tahltan Nation Development Corp. has partnered with Solvest to identify and develop renewable solar power solutions that reduce diesel consumption and carbon emissions within the traditional territory of the Tahltan First Nation. "We are excited to...
Li-FT Power Ltd. Sept. 26 reported another batch of "consistently good" assays from its 2023 drill program at the Yellowknife Lithium project in Northwest Territories, including additional strong results from the BIG East pegmatite. Yellowknife Lithium consists of 11 properties that cover some of the most prospective targets within the Yellowknife Pegmatite Province, a 9,600-square-kilometer (3,700 square miles) area east of the NWT capital city. Li-FT has divided these proper...
PFS details a large nickel-cobalt mine with minimal net CO2 emissions at Turnagain project. With the completion of a prefeasibility study, Giga Metals Corp. and joint venture partner Mitsubishi Corp. are another step closer to developing a large nickel-cobalt mine with a low carbon footprint at the Turnagain project in Northern British Columbia. "We see a nickel project like Turnagain with low carbon intensity in a stable jurisdiction has a key role to play in the future of...
Trilogy Metals Inc. Sept. 27 reported that stream sediment and rock sampling has identified two zinc-enriched volcanogenic massive sulfide targets on the Helpmejack project toward the eastern end of the Ambler schist belt in Alaska. Lying about 110 miles southeast of the world-class Arctic VMS deposit being advanced by Ambler Metals LLC, a joint venture owned equally by Trilogy and South32 Ltd., Helpmejack is an area first identified as prospective for zinc and copper in the...
PolarX Ltd. Oct. 3 announced that it has initiated a metallurgical testing program focused on improving copper recovery and concentrate grades at Caribou Dome, as well as gold recovery at Zackly, which could improve the economics of establishing a mine on its Alaska Range project. Lying about 175 miles (280 kilometers) northeast of Anchorage, Alaska, the Alaska Range project is a roughly 22-mile- (35 kilometers) long land package that covers multiple copper, gold, and silver...
Li-FT Power Ltd. Oct. 4 released a new batch of assays from its 2023 drill program at the Yellowknife Lithium project in Northwest Territories, including another hole with better-than-expected results from the BIG East pegmatite. Yellowknife Lithium consists of 11 properties that cover some of the most prospective targets within the Yellowknife Pegmatite Province, a 9,600-square-kilometer (3,700 square miles) area east of the NWT capital city. Li-FT has divided these...
American West Metals Ltd. Sept. 26 reported that assays from three deep holes drilled at Storm confirm a new zone of near-surface, high-grade copper at the Thunder discovery, along with a large zone of deeper sediment-hosted copper mineralization associated with large gravity anomalies on this northern Nunavut project. The company's 2023 program involves reverse circulation drilling focused on defining a maiden Joint Ore Reserves Committee- (JORC) compliant resource around...
Thesis Gold Inc. Sept. 28 reported strong gold mineralization was cut in the first three holes drilled this year below the historically mined BV pit on the company's Ranch project in the Toodoggone mining district of Northern British Columbia. According to a historical estimate calculated in 1988, the BV zone contained 65,640 metric tons of resource averaging 9.81 grams per metric ton gold, at a cut-off grade of 3.5 g/t. Roughly 40,000 metric tons were mined from BV in 1991...
Osisko Metals Inc. Sept. 28 announced the next batch of assays from the 2023 drilling program at its Pine Point zinc-lead project in Northwest Territories, Canada, aimed at advancing it toward an updated resource estimate before the year is out. According to the most recent calculation, Pine Point hosts 15.8 million metric tons of indicated resource averaging 4.17% zinc and 1.53% lead, plus 47.2 million metric tons of inferred resource averaging 4.43% zinc and 1.68% lead....