The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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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...
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...
Drill taps nine meters of nearly one ounce per ton gold in Bonanza Zone; adjustment for abundant VG slows assay returns. Goliath Resources Ltd. Dec. 12 reported a one-meter intercept averaging 225 grams per metric ton gold and 88.9 g/t silver in the aptly named Bonanza Zone on the company's Golddigger project at that southern tip of British Columbia's Golden Triangle. Drilling completed by Goliath over the previous three seasons outlined three interrelated high-grade gold...
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...
Step-out drilling cuts thick zones of resource-grade mineralization southeast of the large nickel deposit at Nikolai. Alaska Energy Metals Corp. Dec. 10 announced the results from two additional holes drilled this year that will likely result in a roughly 33% extension to the length of the 8.1-billion-pound Eureka nickel deposit on the company's Nikolai project. According to a calculation completed in February, Eureka hosts 813 million metric tons of indicated resource...
Kensington gold mine owner commits $100,000 to support UAS diesel and welding programs for high schoolers. Coeur Alaska Inc. has committed to investing $100,000 to cover tuition and fees for local high school students taking diesel and welding courses at the University of Alaska Southeast (UAS) School of Career and Technical Education in Juneau. "We are excited to partner with UAS on this workforce development initiative," said Steve Ball, general manager at Coeur Alaska's...
The cutoff of gallium and germanium could send America's GDP plummeting by $3.4 billion; antimony a top concern for the Pentagon. In a move that could deal a multibillion-dollar blow to the American economy and impact the nation's military readiness, China has completely banned the exports of gallium, germanium, antimony, and superhard materials to the United States. Gallium and germanium are essential ingredients for semiconductors used to make computer chips; and antimony...
Drilling extends high-grade core zone southeast of the Eureka deposit on the company's Nikolai project. Alaska Energy Metals Corp. Dec. 3 announced that its 2024 resource expansion drilling at Nikolai has confirmed that the higher-grade core zone within the 8.1-billion-pound Eureka deposit extends at least another 600 meters to the southeast. According to a calculation completed in February, the Eureka deposit hosts 813 million metric tons of indicated resource averaging...
Earthjustice files court petition contesting "substantially started" on behalf of SE Alaska and NW British Columbia conservation groups. Roughly a week after the Tsetsaut Skii km Lax Ha (TSKLH) First Nation filed a petition to challenge British Columbia's "substantially started" determination for Seabridge Gold Inc.'s KSM copper-gold mine project in Northern B.C., Ecojustice filed a similar petition on behalf of transboundary conservation groups in northwestern B.C. and Southe...
Is ramping up underground development in preparation for restart of gold production. After raising approximately $37.4 million (C$26.6 million) in mid-November, Ascot Resources Ltd. has mobilized crews and equipment to resume underground mining toward the high-grade Premier-Northern Lights gold-silver deposits at the company's Premier project about 15 miles (25 kilometers) north of Stewart, British Columbia. Premier is home to a past-producing gold-silver mine that was last...
President-elect vows to maximize Alaska's mining potential; an aligned Congress swings political pendulum in industry's favor. With an incoming president that favors "reshoring" over "friendshoring" the nation's critical mineral supply chains and a Congress positioned to pass permitting reform and other mining-related legislation that has stalled in one chamber or the other for more than a decade, America's mining sector is poised for growth following the outcome of the Nov....
Soil sampling identifies prospects near the Fort Knox Mine and Golden Summit properties. Felix Gold Ltd. Dec. 3 reported that a systematic sampling program has identified two gold targets on the NE Fairbanks project about 10 miles (16 kilometers) east of the NW Array gold-antimony deposit on the company's Treasure Creek project in Alaska. The new gold targets are found on the Everest and Point Break claim blocks located approximately about a half mile (one kilometer)...
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...
Rock-chip samples with as much as 141 g/t gold collected from high-grade antimony prospect in Alaska. Nova Minerals Ltd. Dec. 11 announced that assays confirm high-grade gold found along the high-grade antimony at the Stibium prospect on the company's Estelle project about 100 miles northwest of Anchorage, Alaska. "We are delighted to now report both high-grade antimony and gold at the Stibium prospect," said Nova Minerals CEO Christopher Gerteisen. Discovered during a...
Samples with as much as 56.7% antimony refine drill targets at Alaska critical minerals prospect. Nova Minerals Ltd. Dec. 5 reported that 11 out of the 80 samples collected over a 400-by-800-meter area of Stibium contain more than 30% antimony, confirming the extent and high-grade nature of this drill-ready prospect on the company's Estelle gold-antimony project about 100 miles northwest of Anchorage, Alaska. Discovered during a reconnaissance exploration program carried out...
Chena Flood Plain Bridge weight restrictions and heavier ore expected to lower 2025 gold production to around 200,000 oz. Contango Ore Inc. Nov. 29 reported that new weight restriction placed on the Chena Flood Plain Bridge is expected to impact the quantities of ore transported from the Manh Choh gold mine near Tok, Alaska, to Kinross Gold Corp.'s Fort Knox Mine north of Fairbanks for processing. Under a joint venture partnership forged between Kinross (70%) and Contango...
Regional exploration makes near-deposit discoveries and confirms the much larger potential of high-grade copper project. American West Metals Ltd. Nov. 25 reported that its 2024 greenfield exploration has discovered and confirmed five copper prospects spanning the 68-mile- (110 kilometers) long mineralized belt covered by its district-scale Storm copper property on Somerset Island, Nunavut. "The regional exploration work during 2024 has re-affirmed the large-scale greenfield...
Tsetsaut Skii km Lax Ha contends it was not adequately consulted prior to B.C. issuing "substantially started" status to Seabridge's proposed copper mine. The Tsetsaut Skii km Lax Ha (TSKLH) has filed a petition to challenge the British Columbia's "substantially started" determination for Seabridge Gold Inc.'s KSM copper-gold mine project in Northern B.C., a status that ensures that a previously approved environmental assessment certificate (EAC) remains in effect for the life...
