The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 10 of 10
Skeena Resources Ltd. Jan. 4 announced that it is selling two British Columbia exploration properties for C$8 million for exploration, which will provide funds for ongoing exploration at its Eskay Creek gold-silver project. Most of these funds will come from the sale of the GJ copper-gold-silver property in northern British Columbia to Newcrest Mining Lt. for C$7.5 million cash. In 2015, Skeena cut a deal to buy full ownership of the GJ from Teck Resources Ltd. and NGEx...
Avalon Advanced Materials Inc. Feb. 6 reported that headway is being made at its Will Scarlett rare earth elements recovery project in Illinois and Nechalacho REE Mine project in Northwest Territories. Avalon said the December agreement by Canada and the United States to co-operate on critical minerals supply chain development, particularly rare earths, has resulted in new government initiatives in both countries to support the creation of these supply chains. The critical...
Nighthawk Gold Corp. Feb. 4 reported that drilling continues to encounter strong gold mineralization at Treasure Island, one of the key satellite deposits on the company's Indin Lake gold property in Northwest Territories. Located 11 kilometers (seven miles) north of Nighthawk's Colomac gold project, Treasure Island lies along the eastern end of a seven-kilometer- (four miles) long underexplored corridor that hosts several high-priority gold showings, including JPK and Laurie...
Millrock Resources Inc. and Resolution Minerals Ltd. are gearing up for an early March start of drilling on the West Pogo property, part of the larger 64North gold project in Alaska's Interior. Previously known as the Goodpaster project, 64North includes nine claim blocks – West Pogo, Shaw, Eagle, LMS-X, South Pogo, East Pogo, North Pogo, Last Chance and Divide – covering roughly 160,000 acres in the Goodpaster District, a gold-rich area anchored by Northern Star Resources Ltd...
The Pebble Partnership Jan. 29 announced that it has submitted its final draft Compensatory Mitigation Plan to the U.S. Army Corps of Engineers (USACE) for the wetlands impacts associated with its plan to develop a mine at the Pebble copper-gold-molybdenum deposit in Southwest Alaska. Compensatory mitigation refers to the restoration, establishment, enhancement, or in certain circumstances preservation of wetlands, streams or other aquatic resources as ways to offset any...
The Government of Yukon and Golden Predator Mining Corp. Jan. 4 announced the establishment of a project coordination committee that will allow for more efficient communications and permitting of the Brewery Creek gold mine project about 55 kilometers (34 miles) east of Dawson City. "The Government of Yukon supports and encourages responsible development," said Yukon Minister of Energy, Mines and Resources Ranj Pillai. "Establishing this committee is aimed at ensuring an...
Ucore Rare Metals Inc. Feb. 6 said it is taking a closer look at the mine portion of its mine-to-metal-to-market "M3" strategy for its Bokan-Dotson Ridge rare earth project in Southeast Alaska. Introduced by Ucore in September, M3 includes three initiatives to meet the needs of an independent rare earth supply chain in the United States – advancing its Bokan-Dotson Ridge to shovel-ready status; developing an associated facility to separate the rare earths found at Bokan i...
HighGold Mining Inc. Feb. 5 reported high-grade precious and base metals results from surface sampling at Difficult Creek, a target on the company's Johnson Tract property in Alaska that lies about 4,500 meters northeast of the main JT deposit. Based on 88 holes drilled prior to 1995, JT deposit hosts 1.04 million metric tons of historical resource averaging 10.05 grams per metric ton gold, 7.63 g/t silver, 8.32 percent zinc and 1.13 percent lead. In addition to a nine-hole...
Alaska mines produced roughly $3.13 billion worth of non-fuel minerals last year, down roughly 9 percent from the US$3.44 billion in 2018, according to Mineral Commodity Summaries 2020, an annual report published by the U.S. Geological Survey on Feb. 6 – the earliest comprehensive source of world mineral production data. The drop in Alaska mine production value is largely due to lower output from the two largest gold mines in the state – Fort Knox and Pogo. According to ear...
Continuing a tradition of growth, Hecla Mining Company has increased its reserves of silver, lead, and zinc to historic levels. Hecla goes into 2020 with 37.08 million metric tons of proven and probable reserves averaging 212.2 million ounces of silver, 2 billion pounds of zinc, 1.6 billion lb of lead and 2.71 million oz of gold. Hecla replaced the 12.6 million oz of silver produced from ore containing 15.4 million oz and increased reserves by 11 percent during 2019, despite u...
