The mining newspaper for Alaska and Canada's North

Articles from the January 12, 2018 edition


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  • PGM to nickel; Wellgreen rebrands

    Updated Sep 24, 2020

    Wellgreen Platinum Ltd. Jan. 8 announced that it is changing its name to Nickel Creek Platinum Corp., part of a rebranding aimed to reflect a new direction for the company and the uniqueness of its asset, which is one of the largest undeveloped nickel sulfide and Platinum Group Metals (PGM) deposits in North America. "We are thrilled to complete our corporate rebranding to Nickel Creek Platinum, a name which reflects our company's significant endowment of nickel and PGMs, part...

  • Seabridge revisits Courageous Lake

    Updated Sep 24, 2020

    Seabridge Gold Corp. Jan. 8 reported plans for a 36-hole drill at its Courageous Lake gold project in Northwest Territories. The planned 7,200-meter program, which is slated to begin in February, will test seven targets along a geophysical and stratigraphic break that hosts the Walsh Lake deposit. With 6.5 million oz. of gold in 91 million metric tons averaging 2.2 grams per metric ton gold, Courageous Lake hosts one of the largest undeveloped gold reserves in Canada. In...

  • GT Gold extends Saddle South trend

    Updated Sep 24, 2020

    GT Gold Corp. Jan. 9 said assay results from the summer 2017 drill program continue to expand high-grade gold mineralization at the Saddle discovery on the company's Tatogga property in northwestern British Columbia. Lying alongside Highway 37, just west of the village of Iskut, Tatogga hosts Saddle, a large gold-in-soil anomaly that was previously overlooked due to a lack of outcropping bedrock. In 2017, GT Gold drilled the first holes into Saddle South, one of two targets...

  • Un-mined gold zone found at Snip

    Updated Sep 24, 2020

    Skeena Resources Ltd. Jan. 8 reported additional high-grade gold results from underground drilling at its Snip project in northwestern British Columbia. The historic underground mine at Snip, which Barrick Gold Corp. operated from 1991 to 1999, produced 1.1 million ounces of gold from 1.25 million metric tons of ore averaging 27.5 grams per metric ton gold. Skeena optioned this project from Barrick in 2016 and completed roughly 7,180 meters of surface drilling that year. With this program, Skeena exceeded the C$2 million...

  • Difficult RC drilling good sign for 3 Aces

    Updated Sep 24, 2020

    Golden Predator Mining Corp. Jan. 10 said results from 42 reverse circulation holes drilled last year continue to confirm high-grade gold mineralization and near surface bulk tonnage type mineralization at the Diamonds, Clubs and Lower Hearts zones on the company's 3 Aces Project in southeastern Yukon. Highlighted intercepts from these holes include 2.29 meters of 35.72 grams per metric ton gold from a depth of 5.33 meters in hole 3A17-287, drilled in the Lower Hearts zone;...

  • Tests show easy Bornite copper recovery

    Updated Sep 24, 2020

    Trilogy Metals Inc. Jan. 10 said metallurgical test work results shows that a high-quality, 30 percent copper concentrate containing no deleterious metals can be produced from the surface mineable in-pit resource at the Bornite project, part of the company's Upper Kobuk Mineral Projects in the Ambler mining district of Northwest Alaska. The defined in-pit resource encompasses 40.5 million metric tons of indicated resource averaging 1.02 (917 million pounds) copper and 84.1...

  • Record gold year slated for Chandalar

    Updated Sep 24, 2020

    Goldrich Mining Company Jan. 8 reported that the Chandalar placer gold mine in northern Alaska is slated to produce roughly 21,000 ounces of gold in 2018. The Chandalar mine is owned by Goldrich NyacAU Placer, a joint venture formed between Goldrich and NyacAU to mine the rich placer gold deposits that occur across Goldrich's 23,000-acre Chandalar property. NyacAU LLC, a mining company with extensive placer gold mining experience, is the mine operator. Since placer gold operations began in 2015, Goldrich NyacAU Placer has...

  • Lower than expected Kensington gold

    Updated Sep 24, 2020

    Coeur Mining Inc. Jan. 8 reported that its Kensington Mine produced 115,094 ounces of gold in 2017, falling short of the 120,000 to 125,000 oz the company anticipated from the Southeast Alaska operation. Coeur said lower-than-expected grades throughout the first nine months of the year was the primary reason Kensington fell short of the company's gold production guidance. During the fourth quarter, the Kensington Mine produced 34,932 oz of gold, 27 percent more gold than was...

  • Finding the sweet spot

    Shane Lasley, Mining News|Updated Sep 24, 2020

    The permitting process for the world-class Pebble copper-gold-molybdenum mine in Southwest Alaska is officially underway. With this monumental milestone comes the first real look at the new Pebble Mine plan, an engineering feat that the Pebble Partnership believes strikes a balance between environmental footprint and sound economics. "There is a sweet spot in which you can drive down the footprint size and still reach a rate-of-return that makes sense," Pebble Partnership CEO...

  • Hecla mines finish year strong

    Updated Sep 24, 2020

    Hecla Mining Company Jan. 10 reported that its Greens Creek Mine produced 8.4 million ounces of silver and 50,855 oz of gold in 2017. The mill operated at an average of 2,300 tons per day in 2017, a record which is about 15 percent higher than the throughput when Hecla became operator of the underground mine in 2008. Overall, Hecla's four mines – Greens Creek, San Sebastian (Mexico), Casa Berardi (Quebec) and Lucky Friday (Idaho) – produced 12.5 million oz of silver, 232...