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
Following the completion of a robust 2021 program that culminated in a decision to move forward with updating the feasibility study for developing a mine at Donlin Gold, Novagold Resources Inc. announced that the project partners have approved a $60 million budget for the 2022 program at this world-class gold project in Southwest Alaska. "While 2021 was an exceptional year and represents yet another positive turning point for Novagold and for the Donlin Gold project, 2022...
Trilogy Metals Inc. Jan. 25 reported that the latest batch of assays from the infill drilling at Arctic continues to confirm that high copper and zinc grades are the rule and not the exception at this volcanogenic massive sulfide deposit at the Upper Kobuk Mineral Projects in Northwest Alaska. A 2020 feasibility study details plans for a financially robust mining operation at this world-class deposit that would produce 1.9 billion pounds of copper, 2.3 billion lb of zinc, 388...
HighGold Mining Inc. Jan. 25 reported that the geological mapping, geochemical sampling, geophysical surveys, and exploration drilling carried out during 2021 has shown that the strong gold-rich mineralization identified in the JT deposit and encountered with discovery drilling at the DC prospect is widespread across the 20,942-acre Johnson Tract property in Southcentral Alaska. "We are seeing encouraging results across the length and breadth of the property and believe that...
Despite project delays and cost overruns, Ascot Resources Ltd. is set to make the final push toward reestablishing a mine at its Premier gold project in British Columbia's famed Golden Triangle. Home to a past-producing mine that last operated in the 1990s, Premier has all the major infrastructure – mill, assay lab, crusher, tailings storage area, and underground workings – in place to resume operations. A feasibility study completed in 2020 envisions four mines – Silve...
Mountain Province Diamonds Inc. Jan. 25 announced that it received US$25 million (C$31.5 million) from the sale of 181,851 carats of diamonds recovered from the Gahcho Kué Mine in Northwest Territories. The US$137 (C$173) per carat average value for the diamonds in the Jan. 21 sale in Antwerp, Belgium, is 84% higher than the average price of US$75 million (C$94) per carat that Mountain Province realized for the 3.3 million carats of diamonds the company sold during 2020....
Skeena Resources Ltd. Jan. 26 reported that drilling is expanding the recently discovered 23 Zone, a significant zone of near-surface, footwall style mineralization that lies outside the current mineral resources at the company's Eskay Creek gold-silver project in British Columbia's Golden Triangle. The discovery of 23 Zone was first reported by Skeena earlier this month when the company reported initial results from drilling there. Highlights from the previously reported 23...
ATAC Resources Ltd. Jan. 25 announced its optioning of the 15.7-square-kilometer (3,880 acres) Catch property from Yukon-based geologist Ryan Burke. "The addition of the Catch property to our growing copper and gold portfolio presents a rare opportunity to advance a brand new copper-gold discovery located at the underexplored northern end of a very fertile geological terrane," said ATAC President and CEO Graham Downs. Catch is located in an underexplored part of southcentral...
Osisko Metals Inc. Jan. 25 announced the newest results from the ongoing in-fill drill program at its Pine Point project in Northwest Territories, Canada. Located just south of the Great Slave Lake, Pine Point is home to a former mine operated by Cominco – now called Teck Resources – that produced roughly 14 billion pounds of zinc and 4 billion lb of lead from around 64 million metric tons of ore during a roughly 24-year span beginning in 1964. Osisko, which picked up the pro...
