The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 7 of 7
Alaska Department of Natural Resources Dec. 28 posted a notice that it has extended the Pebble Limited Partnership's existing miscellaneous land use permit by 90 days, to March 31. This extension will allow the company to continue care, maintenance and reclamation of exploration activities on the Pebble copper-gold-molybdenum property in Southwest Alaska while DNR Division of Mining, Land & Water reviews the application for a 2019 miscellaneous land use permit. Pebble...
Fireweed Zinc Ltd. Jan. 2 provided a review of its accomplishments at Macmillan Pass during 2018, a year of resource and property expansion for the company's zinc-lead project in eastern Canada. Fireweed Zinc emerged on the mineral exploration scene in June of 2017 with the completion of a C$4 million initial public offering and an option to acquire Macmillan Pass, a property that covers 5,159 hectares (12,748 acres) of the zinc-rich Selwyn Basin. The most advanced targets on...
Victoria Gold Corp. Dec. 28 announced that it has raised C$1.68 million for further exploration on its Dublin Gulch gold property in the Yukon. Dublin Gulch is home to the Eagle Gold Mine project, an open-pit, heap-leach operation that is expected to produce an average of roughly 200,000 ounces of gold annually over a 10-year mine life from 116 million metric tons of reserves averaging 0.67 grams per metric ton (2.66 million oz) gold. Well past the midway point of the construc...
White Rock Minerals Ltd. Dec. 27 reported that Sandfire Resources NL has exercised its option to enter into a joint venture agreement with White Rock on the zinc-rich Red Mountain volcanogenic massive sulfide project in Interior Alaska. In July, White Rock entered into a strategic relationship with Sandfire, a mid-tier Australian mining company that operates the high-grade DeGrussa copper-gold mine in Western Australia. To formalize this strategic relationship between the two...
Grande Portage Resources Ltd. Jan. 3 reported that drilling has cut gold in the North Vein, which marks the fifth subparallel gold structure confirmed with drilling on the company's Herbert Gold project a few miles north of Juneau, Alaska. "We are pleased to have identified another subparallel mineralized structure bringing the total to five structures with attendant splays, spanning approximately one kilometers east-west," said Grande Portage Resources President Ian Klassen....
Northern Dynasty Minerals Ltd. Dec. 28 completed the second tranche of a C$8.4 million (US$6.3 million) financing that will primarily be used to pay a legal fee connected to the successful 2017 settlement of a suit the company brought against the U.S. Environmental Protection Agency. The settlement, reached early in 2017, opened the door for the enormous Pebble copper-gold-molybdenum project in Southwest Alaska to enter the permitting process unencumbered by predetermined...
Coeur Mining Inc. rolls into 2019 with more silver reserves at higher grades, thanks to a maiden reserve calculation for its Silvertip Mine in the far north reaches of British Columbia. Coeur acquired Silvertip from JDS Silver Inc. in October of 2017 for US$250 million – US$200 million at the time of the purchase plus US$50 million to be paid when certain production and permitting milestones are met. For this price, the Chicago-based miner acquired a newly built mine with 2.35...
