The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 9 of 9
StrikePoint Gold Inc. Feb. 3 announced the discovery of a new zone of high-grade gold-silver mineralization at its Willoughby project near Stewart in British Columbia's Golden Triangle. Willoughby, which lies about four miles (seven kilometers) east of Ascot Resources Ltd.'s Red Mountain Mine project, hosts at least three styles of mineralization in eight known areas, two of which were tested by a 1,715-meter drill program completed during 2020. Two of the six holes drilled...
Western Alaska Copper & Gold Feb. 3 reported an updated mineral resource estimate for Illinois Creek project that includes calculations for the heap leach pad and unmined resources on the western Alaska gold-silver project. Located about 65 miles southwest of the town of Galena and 120 miles north of the Donlin Gold Mine project, the 34,240-acre Illinois Creek District property is home to Illinois Creek, an open-pit mine and heap-leach operation that produced roughly 150,000...
Skeena Resources Ltd. Feb. 3 reported more impressive gold and silver intercepts among the latest batch of assay results from the resource upgrade drilling at the Eskay Creek mine project in British Columbia's Golden Triangle. According to the most recent calculation, Eskay Creek hosts 12.71 million metric tons of surface mineable indicated resource averaging 4.5 grams per metric ton (1.82 million ounces) gold and 117 g/t (47.79 million oz) silver; plus 13.57 metric tons of...
With the submission of amendments to existing permits for its Premier gold-silver mine, Ascot Resources Ltd. takes another major step toward its vison of bringing commercial mining back to Stewart, British Columbia. Home to a past producing mine that last operated in the 1990s, Premier has all the major infrastructure – mill, assay lab, crusher, tailing storage area, and underground workings – in place to resume operations. The property also has permits from previous min...
Fury Gold Mines Ltd., which was formed as the result of the October merger of Auryn Resources Inc. and Eastmain Resources Inc., plans to complete 25,000 meters of drilling at Homestake Ridge, a high-grade gold-silver project in British Columbia's Golden Triangle. Brought into Fury by Auryn, Homestake Ridge hosts an estimated 816,719 ounces of gold, 17.8 million oz of silver, 15.9 million pounds of copper, and 17.3 million lb of lead in three zones – Homestake Main, H...
Fireweed Zinc Ltd. Feb. 3 reported a long intercept of strong zinc and silver mineralization in the discovery hole at Boundary West, a resource expansion target on the company's Macmillan Pass project in southeastern Yukon. A road accessible project against the Northwest Territories border, the 544-square-kilometer (210 square miles) Macmillan Pass project blankets a roughly 55-kilometer- (34 miles) trend of potential zinc-lead-silver mineralization. Two deposits at Macmillan...
White Rock Minerals Ltd. and AuStar Gold Ltd. Feb. 2 announced plans to merge into a larger mining company with a world-class portfolio of assets that include the large Red Mountain silver-zinc-gold-lead and Last Chance gold projects in Alaska, and a portfolio of exploration to producing gold assets in Australia. Under the arrangement proposed by the two companies, White Rock will acquire AuStar by issuing 0.78 White Rock shares for every AuStar share issued to shareholders....
Benchmark Metals Inc. Feb. 3 reported that bulk tonnage and high-grade gold intercepts in the southern portion of Cliff Creek has expanded the length of this deposit area on the company's Lawyers project in northcentral British Columbia to more than 1,200 meters. Home to a small underground mining operation that produced 171,200 ounces of gold and 3.6 million oz of silver over a four-year period beginning in 1989, the Lawyers property covers a more than 20-kilometer- (12.4...
Alaska mines produced roughly $3.16 billion worth of non-fuel minerals during 2020, a slight increase over the $3.13 billion during 2019, according to Mineral Commodity Summaries 2021 published by the U.S. Geological Survey on Feb. 2 The rise in Alaska mine production value is largely due to higher gold output at Alaska's large mines and record setting prices for the precious metal last year. According to early estimates by the Alaska Division of Geological & Geophysical...
