The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 11 of 11
Montana's lone Congressman, Rep. Ryan Zinke, R-Mont., who is President Trump's nominee to be the next Secretary of the Interior, was sautéed (fried quickly in hot oil) for four hours on Jan. 17 by the U. S. Senate Energy and Natural Resources Committee. Zinke, a former U. S. Navy Seal Commander, was introduced by Montana's two senators, one a Republican and the other a Democrat, who took pains to emphasize that the nominee was a fine fellow, a great hero and a consummate...
Victoria Gold Corp. Jan. 19 announced that it plans to carry out a C$6.2-million initial phase of 2017 exploration at its Dublin Gulch property which hosts the Eagle Gold project and a number of outlying exploration targets. The majority of the planned gold exploration activities will be focused on the Dublin Gulch claim block with a subordinate amount of exploration work set to be conducted on regional targets within the company's larger Yukon property holdings portfolio. "2017 will be an exciting and busy exploration...
Golden Predator Mining Corp. Dec. 19 said the first 13 of 54 holes drilled during a winter 2016 program at its 3 Aces gold project in southeastern Yukon has extended the high-grade gold at the Ace of Spades zone and encountered wide zones of previously unknown lower grade gold mineralization. Hole 3A16-RC-032 cut 7.54 meters of 32.86 grams per metric ton gold from a depth of 16.76 meters. Below this intercept in the main Ace of Spades vein, RC-032 cut 47.33 meters of low-grade gold mineralization in stockwork before encounter...
Ascot Resources Ltd. Jan. 19 announced a C$20-million exploration and development program at its Premier project, a large land package that blankets the historical Premier gold-silver mine in northwestern British Columbia. In 2016, Ascot carried out a C$5.5 million exploration program that demonstrated continuity of gold mineralization within a proposed pit area at Premier and expanded several high-grade zones within it. Given this success, the company has budgeted C$13 million for a roughly 120,000-meter drill program aimed...
Aston Bay Holdings Ltd. Jan. 20 announced that BHP Billiton Ltd. intends to terminate its option for the Storm copper project in Nunavut. The option agreement, which was finalized in May of last year, would have provided C$40 million toward exploration at Storm, which blankets mineralized showings along a more than 100-kilometer-stretch (60 miles) of Somerset Island. In July, Aston Bay launched a C$4 million exploration program funded by BHP Billiton that included roughly 2,000 meters of drilling; re-logging of existing...
Commander Resources Ltd. Jan. 23 said it has staked claims covering the Rebel zinc-lead prospect in northeastern British Columbia. The 1,620-hectare (4,000 acres) Rebel property is at the southern end of the Kechika Trough and about 50 kilometers (30 miles) south of Canada Zinc Metals Corp.'s Akie project. Rebel was first identified in 1979 when prospectors discovered a 40-meter horizon of massive pyrite beds and black shale with anomalous concentrations of zinc, lead, barite and silver. Commander interprets the massive...
IDM Mining Ltd. Jan. 23 posted an updated resource estimate for its Red Mountain project in northwestern British Columbia that includes the results from 2016 drilling that expanded mineralization at this gold-silver project a few miles northeast of Stewart. Red Mountain now hosts 2.07 million metric tons of measured and indicated resource averaging 8.75 grams per metric ton (583,700 ounces) gold and 25 g/t (1.66 million oz) silver. This marks a 32 percent increase in gold compared to a resource calculated last April. IDM Pres...
Contango ORE Inc. Jan. 19 reported results from the final 11 holes completed during the third phase of 2016 drilling at the Tetlin gold project in Interior Alaska. Overall, the 2016 program at Tetlin - conducted by Peak Gold, LLC, a joint venture between Contango Ore and a wholly owned subsidiary of Royal Gold Inc. - included 20,523 meters of drilling in 118 holes. The phase-3 drill program, which included 37 holes, focused on the North Peak zone at Tetlin. Highlights from...
TerraX Minerals Inc. Jan. 24 said it has received the permits needed to drill Southbelt, one of two large land packages that make up its Yellowknife City Gold project. With permits approved, the company plans to begin drilling this highly prospective property around the end of February. Southbelt is about five kilometers (three miles) south of the city of Yellowknife and extends from the mine leases of the historic Con Mine, where more than 6 million ounces of gold was produced during a 60 year mine life. TerraX says...
After eight years of increasing federal regulations, United States miners are encouraged that President Donald Trump, Congress and the American people have formed a trifecta that will support policies aimed at streamline permitting and encourage growth in the mining sector. A poll conducted for NMA earlier this month indicates that the U.S. mining sector and the American populace at large have similar priorities for the Trump administration and 115th Congress. "When they cast...
Graphite One Resources Inc. Jan. 25 published the results of a preliminary economic assessment, or PEA, for the development of its Graphite One project in western Alaska. Formerly referred to as Graphite Creek, the project is conceived as a vertically integrated manufacturer of high grade coated spherical graphite with mining and processing facilities near Nome and an advanced material processing facility outside of Alaska. Due to its maritime links to Alaska, low-cost power a...
