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
Long before COVID-19 became a household name for a global pandemic, remote mining camps have needed to take precautions to ensure more common illnesses did not spread amongst the crewmembers that share common working, eating, sleeping, and lounging quarters. Now, they are tasked with battling a coronavirus that hides itself longer and is more severe than the common cold or flu. And, despite extensive testing and transmission prevention protocols, COVID-19 continues to find...
Since acquiring a 70% interest in Imperial Metals Corp.'s Red Chris Mine in 2019, Newcrest Mining Ltd. has envisioned establishing an underground block cave mine to unlock the full potential of this porphyry copper-gold asset at the northern end of British Columbia's Golden Triangle. The Australian miner took a major step toward this vision with the start of construction on the box cut for the underground decline at Red Chris. Roughly C$12 million has already been approved...
HighGold Mining Inc. Feb. 11 announced that surface sampling has turned up zones of high-grade silver and copper at the Difficult Creek prospect about 2.5 miles (four kilometers) northeast of the JT deposit on the company's Johnson Tract property in Southcentral Alaska. While drills were expanding upon the high-grade gold, copper, and zinc mineralization at JT, HighGold geologists carried out a large-scale regional reconnaissance program across the 21,036-acre (8,513...
When it comes to what global mining companies are looking for in a gold exploration project, Freegold Ventures Ltd.'s Golden Summit property in Alaska seems to have it all. Broad zones of bulk tonnage intrusive related gold? Freegold tapped 573 meters averaging 1.21 grams per metric ton gold during its 2020 program at Golden Summit. More interested in high-grade gold? The 2020 program also tapped grades as high as 169.5 g/t (4.9 ounces per metric ton) gold over two meters....
Alaska Industrial Development and Export Authority Feb. 10 announced that its board has approved a long-term agreement with Ambler Metals LLC to share up to $70 million of the predevelopment costs for a proposed road to the Ambler Mining District in Northwest Alaska. "This is another example of AIDEA's role in establishing public-private partnerships supporting responsible development of Alaska's natural resources," said AIDEA Chairman Dana Pruhs. Such partnerships are the...
Nova Minerals Ltd. Feb. 8 reports that it has extended the gold mineralization tapped with drilling at the Korbel Main deposit on its Estelle project in Alaska to 1,600 meters along strike and growing. "We are yet to find the extent of the Korbel Main system and continue to encounter wide gold mineralization intercepts, further expanding the footprint," said Nova Minerals CEO Christopher Gerteisen. As of September, Korbel resource blocks A and B hosted 291 million metric tons...
PolarX Ltd. Feb. 10 reported that sophisticated and professional investors have committed to a A$5 million (US$3.9 million) financing that will fund further exploration of the Australia-based company's exploration at the Alaska Range gold-copper property and Humboldt Range gold-silver project in Nevada. "We are delighted with the response to our capital raising, particularly the strong support from our existing shareholders, and we welcome the new shareholders to our register,...
Enduro Metals Corp. Feb. 9 reported that assay results show that the first four holes of the 2020 drill program at its Newmont Lake project in Northern British Columbia tapped shallow high-grade gold associated with longer intervals of bulk-tonnage mineralization. "That is exactly what we want because ultimately near-surface high-grade gold mineralization in the Golden Triangle is commonly spatially associated with a porphyry deposit," said Enduro Metals CEO Cole Evans....
Kutcho Copper Corp. Feb. 11 announced an updated and expanded resource estimate for its Kutcho high-grade copper-zinc project in Northern British Columbia. According to the new calculation, the three deposits that make up the Kutcho project – Main, Esso and Sumac – host 18.58 million metric tons of measured and indicated resources averaging 1.78% copper, 2.58% zinc, 0.47 grams per metric ton gold, and 32.8 g/t silver; plus 13.24 million metric tons of inferred resource ave...
Millrock Resources Inc. Feb. 10 announce that it has staked 208 new state mining claims associated with the Treasure Creek and Ester Dome gold properties, expanding its total land position in the Fairbanks Mining District to approximately 49,900 acres. These Interior Alaska claims are subject to purchase agreements with Felix Gold Ltd., a private Australian gold explorer that is expected to gain a listing on the Australian Securities Exchange (ASX) in the coming months. Under...
