The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 7 of 7
Silver Range Resources Ltd. Jan. 7 announced that has received prospecting permits covering a large gold target near Amaruq, a gold mine project currently being developed by Agnico Eagle Mines Ltd. Silver Range's new gold property, known as Atlantis, consists of two prospecting permits covering 31,778 hectares (78,525 acres) about 55 kilometers (34 miles) north-northwest of Amaruq. Scheduled to go into production in the second half of this year, Amaruq hosts 20.1 million...
Trilogy Metals Inc. Jan. 6 announced a US$2 million increase to the exploration budget reported last week for the Upper Kobuk Mineral Projects in Northwest Alaska, swelling the total expenditures for 2019 to US$18.2 million. Trilogy will contribute US$1 million for this expanded program and South32 Limited will contribute the balance. This additional spending will be used for district-scale exploration across the Ambler Mining District with a focus on identifying and testing...
Royal Gold Inc. Feb. 6 said it has two criteria for any mining company interested in buying the Peak Gold project in Alaska – a willingness to make building a mine at the high-grade gold project a priority and a commitment to use the highest standards to do so. "Royal Gold will remain committed to the project over the long term through our existing royalty interests, and our considerations for any potential transfer of ownership will include a commitment to advance the project...
PolarX Ltd. Jan. 29 reported that the final assays from the 2018 drill program at its Alaska Range project continues to tap copper-gold-silver mineralization below the resource boundaries of the Zackly skarn deposit. Zackly hosts 3.4 million metric tons of inferred resource averaging 1.2 percent (90.4 million pounds) copper, 2 grams per metric ton (213,000 oz) gold and 14 g/t (1.5 million oz) silver, according to an Australian Joint Ore Reserves Committee- (JORC) resource...
IDM Mining Ltd. Jan. 6 reported high-grade gold-silver was encountered during the 2018 trenching of the Randell Vein in the Lost Valley area of its Red Mountain property near Stewart, British Columbia. Situated about 4,000 meters south of the underground gold-silver resource at Red Mountain, the mineralization encountered at Lost Valley is similar in structure and geochemistry to the ore being mined at the Pogo underground gold mine in Alaska. Since 2014, 713 samples,...
Victoria Gold Corp. is well on its way to reaching its ultimate goal, pouring the first bar of gold at its Eagle Mine project this year. Located in the heart of the Yukon, about 85 kilometers (53 miles) north of the community of Mayo, Victoria's Eagle Gold Mine is expected to produce 200,000 ounces of gold annually over a 10-year mine life. Victoria broke ground on pre-development activities at Eagle in 2017 and ramped up development of the open-pit, heap-leach pad and...
U.S. Sen. Lisa Murkowski, R-Alaska, called on Congress to pass legislation that will curb the United States' increasing dependence on foreign countries for its growing mineral needs. In its Mineral Commodity Summaries 2018, the U.S. Geological Survey identified 50 minerals for which the U.S. was reliant on other countries for at least 50 percent of its supply, including 21 for which America is 100 percent import reliant. Many of these are on the USGS list of 35 minerals and...
