The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 8 of 8
Ascot Resources Ltd. Jan. 6 reported the final batch of results from the 11,000 meters of drilling completed in the Silver Coin deposit at the company's Premier gold project near Stewart in northwestern British Columbia. Acquired by Ascot late in 2018, the Silver Coin deposit is situated about 5,000 meters north of the Premier mill and 800 meters south of the Big Missouri deposit. The Premier property, which still hosts the mill and other infrastructure from past mining, is th...
Quaterra Resources Inc. Jan. 9 reported that a geophysical survey carried out on its Groundhog property in Southwest Alaska has identified 19 porphyry copper-gold targets. Groundhog is a 54,880-acre property that covers a northern extension of a structural zone that hosts several porphyry targets and deposits, including the world-class Pebble copper-gold-molybdenum deposits about three miles to the south. Alaska Earth Sciences, an Anchorage-based geological consulting firm,...
White Gold Corp. Jan. 9 announced that rotary air blast (RAB) has confirmed robust bedrock gold mineralization at several targets beyond the high-grade Vertigo discovery on the road accessible JP Ross property about 60 kilometers (37 miles) southeast of Dawson City, Yukon. The company completed 1,644 meters of RAB drilling in 27 shallow holes that tested outlying prospective areas at Vertigo and several other nearby targets. The targets were generated from the company's...
Nighthawk Gold Corp. Jan. 7 reported that new drill results indicate that the widening of the gold mineralization encountered earlier this year could extend for a least 3,500 meters, which could add significant ounces to this already robust gold project on the company's Indin Lake gold property in Canada's Northwest Territories. The 899-square-kilometer (222,203 acres) Indin Lake property hosts seven major project areas – Colomac, Leta Arm, Damoti Lake, Treasure Island, J...
Sabina Gold & Silver Corp. Jan. 6 reported it plans for a 6,500-meter spring drill program aimed to expand and upgrade high-grade gold resources at the Umwelt underground deposit on the company's Back River gold project in Nunavut, Canada. "The drill program will target a 600-meters down plunge portion of the Umwelt underground where high grade gold ounces are projected along a favorable secondary structural setting between the currently defined high-grade Vault zone and the l...
Mining and other trade organization leaders welcome the White House's proposed revisions to the National Environmental Policy Act (NEPA), as much needed upgrades to the burdensome and often redundant regulations that are holding back investments into mines and infrastructure in the United States. "The mining industry is all too familiar with the project delays and escalating costs associated with NEPA compliance," said National Mining Association President and CEO Rich Nolan....
Contango ORE Inc. Jan. 6 announced that Rick Van Nieuwenhuyse has taken over as President and CEO of the Texas-based mineral exploration company advancing the Peak Gold project in eastern Alaska. Former President and CEO Brad Juneau has transitioned to executive chairman of Contango ORE, a company he co-founded and lead for the past decade. "I have known Rick for several years and followed his success with admiration," said Juneau. "We are extremely pleased that he has agreed...
Hecla Mining Company Jan. 7 reported that its Greens Creek Mine in Southeast Alaska produced 9.9 million ounces of silver in 2019, a 24 percent jump over the 8 million oz produced the prior year and the highest annual production since the Idaho-based company bought full ownership of the operation in 2008. Greens Creek also produced 56,624 oz of gold last year, a 10 percent increase compared to the 51,493 oz produced in 2018. The Southeast Alaska mine also produces appreciable...
