The mining newspaper for Alaska and Canada's North
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Kinross Gold Corp. has found another source of higher-grade ore to feed the mill at Fort Knox, this time within the bounds of the company's own property about 20 miles north of Fairbanks, Alaska. On April 9, the company announced that it has officially decided to develop Gil-Sourdough, a satellite gold deposit about eight miles east of the Kinross Alaska mill. Gil-Sourdough is not a new discovery for Kinross, the company has been involved in its exploration for decades and...
Metallic Minerals Corp. April 7 reported that its 2020 drill program at West Keno confirmed the presence of high-grade silver mineralization at advanced targets on this property along extensions of structural corridors being mined on Alexco Resources Corp.'s adjacent Keno Hill project in the Yukon. Metallic Minerals completed 2,674 meters of drilling in 12 holes during its 2020 program at West Keno. This included 11 holes at Formo, a top priority target for near-term resource...
Hecla Mining Company April 8 reported that its Greens Creek Mine produced 2.6 million ounces of silver and 13,266 oz of gold during the first three months of 2021. The Southeast Alaska mine's first quarter silver output is down about 7% from the 2.8 million oz produced during the same period last year. The quarterly gold production, however, increased by about 8% over the 12,273 oz produced during the first three months of 2020. Hecla says ore grades, lower for silver and...
Victoria Gold Corp. April 6 reported that its Eagle Mine in the Yukon produced 26,759 ounces of gold during the first quarter of 2021. While significantly less than the 45,000- to 50,000-oz quarterly average the company hopes to achieve this year, it is a 250% increase over the 10,544 oz produced during the first quarter of 2020 and ahead of the schedule for this year. Gold production at a heap leach operation such as Eagle lags behind mining, crushing, and ore stacking. With...
Pebble Limited Partnership is urging recently confirmed U.S. Environmental Protection Agency Administrator Michael Regan to support a full and fair permitting process for the Pebble mine project in Southwest Alaska. This project hosts 6.5 billion metric tons of measured and indicated resources averaging 0.4% (57 billion lb) copper, 0.34 grams per metric ton (71 million ounces) gold, 240 parts per million (3.4 billion lb) molybdenum, 1.7 g/t (345 million oz) silver, and 0.41... Full story
Skeena Resources Ltd. April 7 announced a substantially upgraded and expanded resources at its Eskay Creek gold-silver project in British Columbia's Golden Triangle. According to the new calculation, Eskay Creek now hosts 37.65 million metric tons of open pit minable measured and indicated resources averaging 4.2 grams per metric ton (3.76 million ounces) gold and 82.8 g/t (100.3 million oz) silver; plus 5.24 million metric tons of open pit inferred resource averaging 1 g/t...
Nova Minerals Ltd. April 7 announced an updated and expanded resource for the Korbel Main gold deposit on its Estelle project in Alaska. According to the new calculation, Korbel Main hosts 4.7 million ounces of gold in 518 million metric tons of Australian Joint Ore Reserves Committee- (JORC) compliant inferred resource averaging 0.3 grams per metric ton gold. Based on the results from recent ore sorting studies that show a significant improvement in mill feed grades, the new...
The Tahltan Central Government, Skeena Resources Ltd., and British Columbia have come together to create a new conservancy to protect the environment and wildlife on Tahltan territory in northwestern B.C. To create this 3,500-hectare (8,650 acres) conservancy, Skeena is returning the mineral tenures for its Spectrum copper-gold project that lies alongside the 230,000-hectare (568,300 acres) Mount Edziza Provincial Park. "Through many open and respectful conversations with...