The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 526 - 550 of 3583
Explores Ellis Zone expansion; begins groundwork for an underground exploration ramp at JT gold deposit. HighGold Mining Inc. June 29 announced the launch of a roughly 8,000-meter drill program that is part of a larger multi-year initiative to evaluate the potential for a smaller-footprint, high-grade underground gold mine on its Johnson Tract property in Alaska. "Our plans include significant exploration drilling to grow the property-wide mineral resource base and to...
Benchmark Metals Inc. June 26 announced that it is mobilizing equipment and crews to carry out a 20,000-meter drill program focused on further evaluating and expanding the "Cliff Creek and Duke's Ridge deep" high-grade gold and silver zones on the company's Lawyers project in Northern British Columbia. "Benchmark will have three drill rigs turning at the Lawyers Project this year and anticipates results from late July to December," said Benchmark Metals CEO John Williamson. A...
First stand-alone zinc processing site in the world to meet high ESG criteria for Zinc Mark certification. Teck Resources Ltd.'s Trail Operations in British Columbia is the first stand-alone zinc processing site in the world to be awarded the Zinc Mark, a certification that the facility meets high environmental, social, and governance standards. Established six months ago, Zinc Mark is an extension of the Copper Mark framework established by the International Copper...
Thesis Gold Inc. June 27 announced that it is gearing up for a roughly 30,000-meter drill program at Ranch, a gold exploration property immediately north of Benchmark Metals Inc.'s Lawyers gold-silver project in Northern British Columbia. In early June, Thesis and Benchmark announced plans for a merger that would consolidate Ranch and Lawyers into a single 324-square-kilometer (125 square miles) gold-rich land package in the Toodoggone region of Northern BC. Each company is...
American Pacific Mining Corp. June 19 announced the start of a 9,000-meter resource upgrade and expansion drill program at Palmer, a high-grade volcanogenic massive sulfide project in Southeast Alaska enriched with zinc, copper, silver, and gold. American Pacific gained a roughly 45% interest in this advanced-stage polymetallic mine project through the acquisition of Constantine Metal Resources Ltd. in October of last year. Dowa Metals & Mining Company Ltd. owns the remaining... Full story
Launches a 1.5- year program to explore wider potential of high-grade silver-zinc-lead project in Northern BC. With recent exploration indicating that the resource outlined at Silvertip may be just a portion of a much larger mineralized system, Coeur Mining Inc. is launching a comprehensive exploration program at this high-grade silver mine project in the northernmost reaches of British Columbia. Going into 2023, Silvertip hosted 7.04 million tons of measured and indicated...
Skeena Resources Ltd. June 20 announced an upgraded and expanded resource estimate for Eskay Creek that will likely convert into new reserves of gold and silver with an updated feasibility study for this Northern British Columbia mine project slated for completion before the end of this year. According to the new calculation, Eskay Creek hosts 50.1 million metric tons of open-pit-mineable measured and indicated resources averaging 2.57 grams per metric ton (4.14 million...
With financing in place to fund its 30% share of development expenses at Manh Choh and Kinross Gold Corp. on track to have that eastern Alaska mine pouring its first gold bar next year, Contango ORE Inc. is focused on pushing ahead a second gold-producing asset at the historic Lucky Shot project. Located 112 road miles (180 kilometers) north of Anchorage, Alaska, Lucky Shot encompasses three pre-World War II era underground mines – Colman, Lucky Shot, and War Baby – that pro...
Alaska's unparalleled potential to be a major domestic supplier of the minerals and metals critical to the clean energy transition attracted some of North America's top commodities investors and analysts to Anchorage for the second annual Alaska Sustainable Energy conference. The 49th State's rich mineral resources, however, may remain on lockdown due to a "permitting pandemic" that plagues not only Alaska but the entire United States. "Our country is suffering from a...
High-grade copper drilled at 4100N and nearby zones may be tip of the iceberg at Storm. American West Metals Ltd. June 22 reported assays from four additional holes drilled in 4100N Zone at Storm that cut 10- to 30-meter lenses of near-surface mineralization topping 1% copper, including a 1.5-meter subsection that averaged an amazing 8.2% copper. And the geological and geophysical evidence suggests that the high-grade copper lenses currently being drilled may be the tip of...
U.S. GoldMining Inc. May 30 announced that it has mobilized crews for an up to 10,000-meter phase-one drill program at the Whistler gold-copper project about 100 miles northwest of Anchorage, Alaska. According to a 2021 calculation, the 53,700-acre Whistler property hosts 118.2 million metric tons of indicated resource averaging 0.51 grams per metric ton (1.94 million ounces) gold, 2.19 g/t (8.3 million oz) silver, and 0.16% (422 million pounds) copper; plus 317 million...
Felix Gold Ltd. May 30 announced the start of an infill drill program aimed at establishing a maiden resource for the NW Array target on the company's Treasure Creek gold-antimony project about 20 miles north of Fairbanks, Alaska. After completing an A$10 million (roughly US$7 million) initial public offering and listing on the Australian Securities Exchange at the beginning of 2022, Felix launched its first drilling at Treasure Creek with shallow reverse circulation holes at...
Seabridge Gold Inc. May 30 announced the start of a more than 12,000-meter drill program to test high-level porphyry copper-gold targets on the company's Iskut property in Northern British Columbia's Golden Triangle. "We are excited to get our program started early in the field season after last year's success at Iskut," said Seabridge Gold Chairman and CEO Rudi Fronk. Located about 30 kilometers (19 miles) west of Seabridge's world-class KSM mine project, Iskut is home to...
Canadian North Resources Inc. May 29 reported encouraging results from its recently completed 21-hole spring diamond drill program at its Ferguson Lake nickel-copper-cobalt-platinum group metals 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% (37.5 million lb) cobalt, 1.38 grams per metric ton (1.08...
With its treasury full and a definitive exploration agreement with the Yellowknives Dene First Nation, Li-FT Power Ltd. has launched a 45,000-meter drill program aimed at unlocking the obvious but underexplored potential of the large pegmatites – igneous rocks with exceptionally large crystals that are the major global source of the lithium mineral spodumene – spanning its Yellowknife Lithium project in Northwest Territories. "We are thrilled to have started the drill pro...
Western Alaska Minerals Corp. June 5 announced that the 2023 drill program is now underway at the high-grade Waterpump Creek silver deposit on the company's Illinois Creek property about 300 miles west of Fairbanks, Alaska. First drilled by Western in 2021, Waterpump Creek is a carbonate replacement deposit (CRD) that hosted 166,000 tons of historical resource averaging 295 grams per metric ton silver, 16.1% lead, and 5.5% zinc. The last holes of the 2021 program, WPC21-09,...
Alaska Gov. Mike Dunleavy and trade groups representing a broad spectrum of businesses across the state hailed the unanimous Supreme Court decision against the Biden administration's broad definition of "waters of the United States" as a major win for Alaska. "This is a huge win for Alaska," said Rebecca Logan, CEO of the Alaska Support Industry Alliance. "The Biden WOTUS led to massive uncertainty and more burdensome regulations." Basically, anything considered waters of the...
Freegold Ventures Ltd. June 1 announced that the first holes of its 2023 drill program at Golden Summit have cut gold mineralization about 400 meters north of the 12-million-ounce Dolphin-Cleary gold deposit on this road-accessible project about 25 miles north of Fairbanks, Alaska. According to a calculation completed earlier this year, the Dolphin-Cleary deposit hosts 407.54 million metric tons of open pit mineable indicated resource averaging 0.92 grams per metric ton (12...
Combination will consolidate two high-grade gold-silver projects in BC's Toodoggone Mining District. In a move that will merge two large gold projects in Northern British Columbia's Toodoggone Mining District, Benchmark Metals Inc. has entered into a deal to buy out Thesis Gold Inc. "The merger of Benchmark and Thesis will create a district-scale development and exploration project with significant growth potential," said Thesis Gold President and CEO Ewan Webster. The most...
Canadian North Resources Inc. June 15 announced that it has resumed the 20,000-meter drill program slated for this year at Ferguson Lake, a critical mineral project in Nunavut enriched with nickel, copper, cobalt, and platinum group metals. 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% (37.5 million lb) cobalt, 1.38 grams per metric ton...
PolarX Ltd. June 13 announced a massive increase in the quantities of copper and silver contained within the Caribou Dome deposit on its Alaska Range project. According to the updated resource estimate, Caribou Dome now hosts 7.2 million metric tons of measured, indicated, and inferred resources averaging 3.1% (224,375 metric tons) copper and 6.5 grams per metric ton (1.5 million oz) silver. This is 2.6 times the contained copper than in a 2017 resource estimate and is the fir...
Li-FT Power Ltd. June 14 reported that the first six holes of its 2023 program at the Yellowknife Lithium project in Northwest Territories have all cut spodumene-bearing pegmatite at Fi Southwest, one of seven pegmatite dykes on the docket to be tested with a 45,000-meter drill program planned for this year. Li-FT's 141,572-hectare (349,832 acres) Yellowknife Lithium project consists of 11 properties covering some of the most prospective lithium targets found within the...
Graphite One Inc. June 13 announced that it is acquiring a 1% net smelter production royalty interest against 133 state mining claims that make up a portion of the company's Graphite Creek project in Alaska. In exchange for the royalty, Graphite One will issue Alaska pilot and explorer Ronald Sheardown 456,500 company shares. "This purchase of a 1% NSR brings our total purchases to 3% NSR," said Graphite One CEO Anthony Huston. "We anticipate the purchase of the NSR will have... Full story
First six holes cut greater than 1% copper grades in shallow zone on Nunavut project. American West Metals Ltd. June 6 reported that high-grade copper has been encountered in the first six holes drilled this year in the 4100N zone of the Storm project on Somerset Island in Nunavut, Canada. In May, the Australia-based mineral explorer reported that the first hole of its 2023 Storm Copper program, SR23-01, cut three zones of high-grade mineralization: • 15.2 meters averaging 1...
Contango ORE Inc. May 30 announced that the Alaska-based mineral exploration and mine development company is set to join the broad-market Russell 3000 and Russell Microcap. Founded in 2010 to explore the mineral potential discovered on the Tetlin property by Chairman Brad Juneau while exploring for natural gas in eastern Alaska, Contango ORE is a homegrown mining company that is slated to be a gold producer in 2024 with the completion of the Manh Choh mine that stemmed from Ju... Full story
