The mining newspaper for Alaska and Canada's North
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Granite Creek Copper Ltd. Feb. 19 said it has secured a substantial historical database detailing exploration work conducted on the area covered by the company's newly acquired Stu copper-gold-silver project about 47 kilometers (29 miles) northeast of Carmacks, Yukon. Granite Creek Copper is a newly formed exploration company that closed a deal to acquire Stu in January. At the time of the acquisition, the company closed a C$1.8 million non-brokered private placement...
White Gold Corp. Jan. 20 reported that new results from 2018 drilling at Golden Saddle demonstrates strong potential for a previously unidentified series of shallow zones of gold mineralization within this 1.25-million-ounce gold deposit on the company's White Gold property in the Yukon. A resource calculated for the White Gold property early in 2018 outlines 12.32 million metric tons of indicated resource averaging 2.43 grams per metric ton (961,000 ounces) gold; plus 5.16...
Kutcho Copper Corp. Jan. 20 announced that it has entered into an exploration agreement with Kaska Nation, represented by Dease River First Nation, relating to Kutcho, a high-grade copper-zinc development project roughly 100 kilometers (60 miles) east of Dease Lake in northern British Columbia. This agreement outlines a framework under which Kutcho Copper and Kaska agree to work together in a spirit of partnership and cooperation to build a positive and mutually beneficial...
A row that has erupted between IBC Advanced Technologies Inc. and Ucore Rare Metals Inc. threatens to delay, or even derail, the proposed Strategic Metals Complex, a rare earth element separation facility that Ucore is planning to develop near Ketchikan, Alaska. The conflict has arisen since Ucore announced its plans to buy IBC, the Utah-based company that developed the molecular recognition technology the two companies have been collaborating on applying towards the...
Solitario Zinc Corp. Feb. 19 announced that Teck American Inc., a subsidiary of Teck Resources Ltd., will manage a 2019 exploration program at Lik, a high-grade zinc project near the Red Dog Mine in Northwest Alaska. Solitario acquired a 50 percent interest in Lik through the buyout of Zazu Metals Corp. in 2017. Teck owns the other half of the joint venture property. Prior to Solitario's purchase, 17.3 million metric tons of indicated resource averaging 8.1 percent zinc, 2.7...
Coeur Mining Inc. Feb. 20 announced that it has successfully grown its companywide reserve base for the fourth consecutive year, largely driven by the initial reserve declaration for its Silvertip Mine in northern British Columbia. Going into 2019, Coeur's five mines – Silvertip, Kensington (Alaska), Palmarejo (Mexico), Rochester (Nevada) and Wharf (South Dakota) – had 289.5 million metric tons of proven and probable reserves averaging 0.01 ounces per ton (2.8 million ounces)...
Pebble Limited Partnership has taken another step toward gaining the permits needed to develop a mine at its large copper-gold-molybdenum project in Southwest Alaska. On Feb. 20, the U.S. Army Corps of Engineers – Alaska District announced that it has published the draft environmental impact statement for a proposed 20-year mine at this world-class deposit that could help fill the United States' increasing need for copper, a demand that is being driven by the expanding e...
When Agnico Eagle Mines Ltd. established a foothold in Nunavut roughly a decade ago, the gold mining company saw the northern Canadian Territory as a politically attractive and stable jurisdiction with enormous geological potential. Today, this vision is being realized. "We see tremendous potential there and this is an inflection point and a turning point in the future of Agnico as we are opening up a brand-new area where we see tremendous exploration potential, combined with...