The mining newspaper for Alaska and Canada's North
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Goldrich Mining Co. Jan. 7 reported that Goldrich NyacAu Placer LLC, a 50-50 joint-venture between Goldrich and NyacAU LLC, spent roughly US$3.6 million on development activities at the Chandalar placer gold project in northern Alaska during 2014. The work included relocation of the placer recovery plant to a lower and broader part of the valley, construction of new water ponds and expansion of the plant. The expanded facility includes a new grizzly feeder with an expected...
The Alaska Division of Geological & Geophysical Surveys Jan. 2 published data from a 2014 Tonsina electromagnetic and magnetic geophysical survey, which will better define the extent and location of platinum group element-bearing ultramafic rocks in areas lacking outcrop, increase structural knowledge of the area, and improve geologic mapping. The survey covers about 690 square kilometers (266 square miles) of the Valdez Quadrangle with high-quality, 400-meter-line-spacing...
Recently, in litigation pending before the federal district court in Anchorage, the Pebble Project withstood an attack seeking to defeat the project's opposition to what may be called the Massacre of 2012. When the U.S. Environmental Protection Agency promulgated its Bristol Bay Watershed study under the theoretical authority of Section 404(c) of the Clean Water Act, it was immediately criticized on the grounds that the report was generated on the basis of advice from certain...
Kaminak Gold Corp. Jan. 13 reported that results from recent infill drilling at the Latte deposit generally confirm the location, geometry, continuity and grade of the mineralization interpreted within the existing resource model. Latte contributes roughly 21 percent of the recoverable gold at Kaminak's Coffee project in the White Gold district of central Yukon Territory. Kaminak drilled 5,200 meters (43 holes) at Latte in 2014 with the objective of verifying and upgrading...
Royal Gold and Contango Ore have forged an alliance that promises to invest as much as US$30 million in furthering the exploration and potential development of the Tetlin gold properties situated along the Alaska Highway near the crossroads community of Tok in eastern Alaska. Contango Ore shareholders ratified a joint venture agreement Jan. 8 that the Denver-based gold royalty firm and Houston-domiciled mineral exploration company struck tentatively on the project in...
It's official! The Alaska Geologic Materials Center (GMC) is set to make the long-awaited move to its new, larger Anchorage quarters on April 6, weather permitting. The center, a unit of the Alaska Division of Geological & Geophysical Surveys within the state Department of Natural Resources, is the repository for geologic materials collected from across Alaska, and then catalogued, stored and studied. Visitors to the center, primarily representative of companies, state and federal agencies, and academia, examine hardrock...