Stories from November, 2024
Stories from November, 2024
Lists on the TSX Venture Exchange with flagship Red Mountain VMS project. Backed by big names in mineral exploration investment, Silver47 Exploration Corp. has emerged on the Alaska scene with a mission to significantly expand upon the 168.6 million ounces of silver-equivalent outlined so far at Red Mountain, a polymetallic volcanogenic massive sulfide project about 60 miles (100 kilometers) south of Fairbanks. "The objective of the company is to rapidly grow its resource...
High-grade ore from Manh Choh elevates gold output at Interior Alaska mine above 149,000 oz during Q3. Kinross Gold Corp. Nov. 6 reported that its Fort Knox Mine in Alaska produced 149,093 ounces of gold during the third quarter of 2024, which is more than double the 69,914 oz produced during the previous three-month period and the 71,611 oz produced during the third quarter of 2024. This significant jump in production at the iconic mine about 20 miles north of Fairbanks,...
Partnership outlines plans for sustainable development and regional growth at Pine Point. In a move set to reshape the economic landscape of the Hub of the North, Pine Point Mining Limited (PPML) and the Town of Hay River have signed a memorandum of understanding to advance the revival of the historic Pine Point zinc-lead project, establishing a framework for sustainable development and local opportunity in the Northwest Territories. Located along the southern shore of Great...
Intercept demonstrates continuity of higher-grade gold at eastern edge of 25-million-oz deposit at Golden Summit. Freegold Ventures Ltd. Nov. 11 reported assays from four holes that demonstrate the strong potential to upgrade and expand the 25-million-ounce Dolphin-Cleary gold deposit on the company's Golden Summit project about 20 highway miles north of Fairbanks, Alaska. According to a calculation completed in September, Dolphin-Cleary hosts 23.8 million ounces of open-pit...
One drill hole cuts 11.86 meters of 1.8% copper, tracing Lense 5 to a depth of 300 meters. PolarX Ltd. Nov. 13 reported that the final two holes of the 2024 drill program further extended the high-grade copper mineralization at the Caribou Dome deposit on its district-scale Alaska Range project in Southcentral Alaska. Lying just north of the Denali Highway about 160 miles (250 kilometers) northeast of Anchorage, PolarX's 22-mile-long Alaska Range project hosts Caribou Dome, a...
Geologist and former executive vice president of growth at Barrick takes the helm of America's largest silver mining company. Marking a new era for the oldest and largest primary silver-producing company in the United States, Hecla Mining Company has appointed Rob Krcmarov to be its new president and CEO beginning on Nov. 7. "Rob is a highly respected figure in the mining industry with a proven track record across various international markets," said Hecla Mining Chair...
Eagle Mine heap leach failure impacts Keno Hill; silver output at Greens Creek and Lucky Friday also slows. Hecla Mining Company Nov. 7 reported that permitting delays at its Keno Hill mine in the Yukon, coupled with slightly lower quarterly production at its Greens Creek and Lucky Friday operations, has knocked the Idaho-based mining company off its pace to produce 17 million ounces of silver in 2024. Over the first six months of this year, Hecla's operations had produced...
Montana-based antimony producer stakes Stibnite Creek project west of Tok, Alaska. United States Antimony Corp. Oct. 6 announced that it has staked six square miles (3,840 acres) of state mining claims covering the historical Stibnite Creek antimony project near the crossroads town of Tok in eastern Alaska, marking the second Alaska project picked up by the Montana-based antimony producer this year. "The State of Alaska is under-explored, and we are considering other mining...
Drilling at Warm Springs mineralization reminiscent of Illinois Creek to the south and Waterpump Creek to the north. Western Alaska Minerals Corp. Nov. 5 reported that the final six holes of its 2024 drilling at Illinois Creek has added to the evidence that Warm Springs is a critical link along a roughly five-mile (eight kilometers) long trend of carbonate replacement deposit (CRD) mineralization that extends from the gold-rich Illinois Creek deposit to the silver-rich...
