The mining newspaper for Alaska and Canada's North
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PolarX Ltd. Jan. 20 announced that trenching, mapping and sampling has identified a potential 600-meter extension of the thick and high-grade copper-gold skarn mineralization it discovered at Zackly East on its Alaska Range project. This 22-mile- (35 kilometers) long Alaska Range property is made up of two adjacent projects – Stellar and Caribou Dome – the Australia-based exploration company brought together in 2017. Zackly skarn is found in the middle of a 7.5-mile- (12 kil...
Pembridge Resources plc Jan. 22 announced the launch of a 14,000-meter drill program aimed at expanding four deposits at its Minto copper mine in the Yukon. United Kingdom-based Pembridge finalized a deal in June to acquire Minto from Capstone Mining Corp. and resumed operations at the mine in October. At the time of the acquisition, Minto hosted 15 million metric tons of measured and indicated resources averaging 1.4 percent copper, 0.5 grams per metric ton gold and 4.8 g/t...
Garibaldi Resources Corp. Jan. 22 reported wide near-surface intervals of nickel- and copper-rich mineralization from nine holes drilled last year at Nickel Mountain, a magmatic sulfide system about 11 miles (18 kilometers) southwest of the past producing Eskay Creek Mine in British Columbia's Golden Triangle. Garibaldi first tapped the nickel- and copper-rich E&L intrusion at Nickel Mountain in 2017. This hole, EL-17-14, cut 16.75 meters averaging 8.3 percent nickel, 4.2...
TerraX Minerals Inc. Jan. 20 announced the start of a 10,000-meter drill program at its Yellowknife gold project in Northwest Territories. The Yellowknife project encompasses 783 square kilometers (302 square miles) of gold prospective land immediately north, south and east of Yellowknife, the Northwest Territories capital. Three deposits at YCGP – Crestaurum, Mispickel and Sam Otto – host 11.62 million metric tons of open-pittable inferred resource averaging 1.4 grams per...
As we move into 2020 there are still no definitive indications of when joint venture partners Novagold Resources Inc. and Barrick Gold Corp. will make the final decision on development of the 39-million-ounce Donlin Gold project in Southwest Alaska. Donlin Gold LLC – a 50-50 JV formed between Novagold and Barrick to advance the world-class gold mine project – has already received most of the state and federal permits to develop and operate the mine. This includes recent iss...
Coeur Mining Inc. Jan. 16 reported a fourth quarter drop in metals production at both its Kensington gold mine in Southeast Alaska and the Silvertip silver-zinc-lead mine in northern British Columbia. Kensington produced 29,736 ounces of gold during the final three months of 2019, a 13 percent drop from the 34,156 oz recovered at the Southeast Alaska mine during the third quarter. Coeur said lower grades and lower recoveries both contributed to the decreased gold production...
If you are not doing business in Alaska, you should be, this is the message Alaska Gov. Mike Dunleavy had for the mining community attending the Association for Mineral Exploration Roundup in Vancouver, British Columbia. During a Jan. 22 Alaska Night reception at the Roundup, Dunleavy said Alaska provides the environmental protections and jurisdictional securities that come with being a part of the United States, yet a rich and undeveloped mineral endowment of a frontier juris...