The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 501 - 525 of 3583
Onyx Gold Corp. Aug. 2 announced the start of a 2,500-meter drill program at King Tut, which the new Canada-focused junior explorer believes to host the best undrilled intrusive-related gold-in-soil anomalies within eastern Yukon's emerging Tombstone Gold Belt not already controlled by Snowline Gold Corp. King Tut is the most advanced of four Yukon properties held by Onyx, a junior exploration company spun out of HighGold Mining Inc. to explore a portfolio of gold properties i...
Valhalla Metals Inc. July 19 announced the start of its 2023 exploration program at Sun, which is slated to include up to 4,000 meters of drilling focused on expanding the high-grade volcanogenic massive sulfide deposit on this property in Alaska's Ambler Mining District. "We are excited to get our drill program underway. The Sun deposit is ripe for expansion," said Valhalla Metals Chairman Rick Van Nieuwenhuyse. According to a 2018 calculation, Sun hosts 1.71 million metric...
From the Pentagon's multi-million-dollar investment in Graphite One Inc. to China's restrictions on the exports of gallium and germanium, Alaska's current critical minerals supply and future potential was in the headlines and subtext of American news stories over the past month. Alaska as a future source of minerals critical to the clean energy transition grabbed headlines after the mid-July news that the U.S. Department of Defense awarded Graphite One Inc. $37.5 million to...
Kinross Gold Corp. Aug. 2 reported that its Fort Knox Mine in Alaska produced 69,438 ounces of gold during the second quarter of 2023, which is a 6% increase over the 65,404 oz recovered during the first three months of this year but a 10% drop from the 77,184 oz produced during the second quarter of 2023. The company attributes the quarterly increase to increased mill throughput and higher-grade ore. During the second quarter, 2.08 million metric tons of ore averaging 0.82...
Goliath Resources Ltd. July 31 announced that it has now cut visible gold in 10 holes drilled so far this year across a 1,500-meter stretch of the company's Golddigger property near Dolly Varden Silver Corp.'s Kitsault Valley gold-silver project in Northern British Columbia. While assays are pending from all the holes drilled by Goliath this year, the VG seen in core coupled with results from 2022 drilling at Golddigger are good indicators for the company and project....
Hole WPC23-0029 cuts 19.4 meters of 158 g/t silver, 11.5% zinc, and 5.3% lead; WAM tests larger offset deposit extension. Western Alaska Minerals Corp. July 24 announced that the first assay results from its 2023 drilling at Waterpump Creek further confirm the continuity of the high-grade silver-zinc-lead mineralization within this carbonate replacement deposit on the company's Illinois Creek property about 300 miles west of Fairbanks, Alaska. Illinois Creek is a highly...
Teck Resources Ltd. July 26 reported that power system issues at Red Dog impacted second-quarter production at this world-class zinc mine in Northwest Alaska. Over the three months ending June 30, Red Dog produced 133,700 metric tons (294.8 million pounds) of zinc, which is 7% lower than the 143,800 metric tons (317 million lb) produced during the same period of 2022. Teck attributes the drop in zinc output primarily to lower zinc grades, which were expected as part of the...
Increased copper and gold output at Red Chris and Brucejack; drilling shows promising future potential at both BC mines. As the finalization of its merger with Newmont Corp. looms on the horizon, Newcrest Ltd. reports increased metals production and abundant upside at its Red Chris and Brucejack mines in the Golden Triangle region of Northern British Columbia. "In May we reached an agreement for Newmont to acquire 100% of the issued shares in Newcrest," said Sherry Duhe, the i...
American West Metals Ltd. Aug. 2 announced that the first two holes of its deep diamond drill program at Storm have cut thick zones of copper sulfide mineralization associated with an enormous gravity geophysical anomaly, providing strong evidence that the impressive copper zones being outlined at surface are the tip of the proverbial copper iceberg on this property in the northern reaches of Canada's Nunavut territory. "We are very excited to announce that the diamond...
From the $37.5M Pentagon grant to a $5M loan from an Alaskan gold mining company, domestic graphite supply chain plan is broadly backed. From the U.S. Department of Defense and policymakers in Washington, DC, to private Alaska companies and the governor of the 49th State, Graphite One Inc. is receiving broad support as it pushes to establish an all-American supply chain that begins in Alaska and ends in the lithium batteries powering electric vehicles, military hardware, and...
Alaska mining and Washington policy leaders gather to discuss forging a path forward to critical minerals in US's Arctic state. Building upon the discussions and strategic ideas set in motion during the 2022 "Alaska's Minerals: A Strategic National Imperative" summit, the U.S. Department of Energy's Arctic Energy Office co-hosted a two-day summit this week to advance policy recommendations for development of critical mineral resources in the North American Arctic. For the Unit...
Freegold Ventures Ltd. July 20 reported that holes testing the northwest boundaries of Dolphin-Cleary are continuing to hit gold along the margins of this 19.7-million-ounce gold deposit on the company's Golden Summit project about 25 miles north of Fairbanks, Alaska. So far, the company has outlined 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 open-pit mineable...
Assays from the first five holes of Li-FT Power Ltd.'s inaugural drill program at Yellowknife Lithium have begun to confirm what is apparent on the surface, this project east of Northwest Territories' capital city is home to globally significant quantities of lithium-rich pegmatites. With the world demanding enormous quantities of lithium for electric vehicle batteries, Li-FT amassed a 141,572-hectare (349,832 acres) land package covering some of the most prospective targets...
Silver production hits 7.9 million oz during first half of 2023; a 2.5M oz boost expected from Keno Hill to close out the year. Hecla Mining Company July 13 announced that the startup of its Keno Hill mine in the Yukon and a more than 20-year production record at Lucky Friday in Idaho has helped to offset some of the lower second quarter silver production at the Greens Creek mine in Southeast Alaska. With the ramp-up to full production getting underway, Hecla's newly acquired...
Felix Gold Ltd. July 24 reported another batch of assay results that show its 2023 drill program at Treasure Creek is outlining a trend of strong near-surface gold and antimony at the NW Array target on this exploration property about 20 miles north of Fairbanks, Alaska. The Australia-based company completed 4,695 meters of drilling in 50 holes during an early season program at Treasure Creek. This drilling included 4,278 meters of resource delineation drilling in 45 holes at...
Canadian North Resources Inc. July 18 said its 21-hole spring drilling program has further confirmed the continuity of the main mineralized trend extending roughly 15 kilometers (nine miles) across its Ferguson Lake nickel-copper-cobalt-platinum group metal project in Nunavut's Kivalliq region. According to a 2022 calculation, Ferguson Lake hosts 24.3 million metric tons of indicated resource averaging 0.85% (455.4 million pounds) copper, 0.6% (296.3 million lb) nickel, 0.07%...
Australia-based Mine Discovery Fund launches Wiseman Metals to explore Doyon-owned copper & critical minerals properties; more deals to come. Since emerging on the Alaska mineral exploration scene in 2021, Felix Gold Ltd. has amassed more than 150 square miles of gold-enriched properties in the Fairbanks Mining District and is working toward establishing an inaugural resource at one of the most prospective gold targets discovered so far on this enormous land package. As Felix...
Initial 2023 holes trace high-grade deposit to a fault; the drills are now testing an offset extension in the Last Hurrah area. Western Alaska Minerals Corp. July 6 reported that the first five holes of its 2023 drill program has traced the high-grade silver-zinc-lead mineralization at Waterpump Creek to the Illinois Creek fault and two drills are now testing Last Hurrah, a large fault-offset extension of the deposit indicated by geophysics. Located on the Illinois Creek prope...
Nova Minerals Ltd. July 3 announced the start of a 15,000-meter drill program targeting the higher-grade gold mineralization identified in the RPM and Train areas at the southern end of Estelle, a district-scale Alaska property that hosts 1.1 billion metric tons of global resources averaging 0.3 grams per metric ton (9.9 million ounces) gold. "We are very excited to return to the field again in 2023 to continue to build on the exceptional growth we have shown in just four...
Northern Star Resources Ltd. July 19 reported that its Pogo Mine in Alaska produced 81,322 ounces of gold during the second quarter of calendar year 2023, the highest quarterly output in recent years. "Pogo delivered an exceptional June quarter with gold sales of 80,000 ounces, representing an annualized production rate in excess of 300,000 ounces per annum," Northern Star Resources Managing Director and CEO Stuart Tonkin said during a call with investors and analysts....
Tectonic Metals Inc. July 13 announced that it is set to begin a 5,000-meter drill program at Flat in August that will involve two phases of drilling to define and expand the gold mineralization on this property in the Kuskokwim Mineral Belt of Southwest Alaska. "Our inaugural 2023 drill program is all about unveiling the tier one potential of the Flat Gold Project," said Tectonic Metals President and CEO Tony Reda. Located about 25 miles (40 kilometers) north of the...
Palladium One Mining Inc. July 10 announced that crews are carrying out fieldwork in preparation for a high-resolution, ground-based electromagnetic survey at its Canalask nickel-copper project in western Yukon. Accessible from the Alaska Highway about 320 kilometers (200 miles) northwest of Whitehorse, the 3,400-hectare (8,402 acres) Canalask property shows strong potential for massive nickel sulfide mineralization. Nickel mineralization was discovered on the property during...
Goliath Resources Ltd. June 12 announced that it has cut visible gold in five holes drilled so far this year across a 1,500-meter stretch of the company's Golddigger property about 30 kilometers (19 miles) southeast of the mining town of Stewart in Northern British Columbia. In May, Goliath launched what is now expected to be a 20,000-meter drill program focused on building upon the success of an 86-hole program completed last year. Highlights from the 2022 drilling include:...
Felix Gold Ltd. July 3 reported that initial assay results from the 2023 program at Treasure Creek show that the drilling is beginning to define a trend of strong near-surface gold mineralization at NW Array, the initial exploration target on this property about 20 miles north of Fairbanks, Alaska. In May, Felix launched a drill program that was slated to involve 3,500 meters of drilling in 30 to 40 reverse circulation holes focused on establishing a near-surface resource at...
American West Metals Ltd. July 5 announced that its drilling is continuing to expand the near-surface, high-grade copper footprint of 4100N Zone at Storm, and the company is ready to begin testing a much larger but deeper copper target on this northern Nunavut property. American West launched a 10,000-meter reverse circulation drill program in April that is focused on defining a maiden Joint Ore Reserves Committee (JORC) compliant resource for three zones at Storm – 4100N, 2...
