The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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Graphite One Inc. Feb. 22 announced that it has raised C$10 million to help fund ongoing evaluation of Graphite Creek and the mid-year completion of a prefeasibility study for the world-class graphite project in western Alaska. The prefeasibility study will build upon a 2017 preliminary economic assessment that outlined plans for a mine at Graphite Creek that would produce roughly 60,000 metric tons of 95% graphite concentrate per year and a separate processing facility to...
Vital Metals Ltd. Feb. 22 announced that its Canadian subsidiary Cheetah Resource Corp. has signed a definitive contract with Det'on Cho Nahanni Construction Ltd. to begin mining at the North T Zone on the Australia-based miner's Nechalacho rare earths and critical minerals project in Canada's Northwest Territories. Det'on Cho Nahanni Construction Ltd., a Northwest Territories-based mine services and earthworks company 51% owned by the Yellowknives Dene First Nation, will...
For most of the roughly 23,000 members of the global mining community that attended the Prospectors & Developers Association of Canada (PDAC) 2020 convention, this enormous annual convention in Toronto marked the final gathering before COVID-19 protocols and restrictions relegated such social events to the virtual space. With the pandemic continuing to prevent the mining community from coming together in Toronto this year, PDAC has gone to great lengths to ensure its 2021...
As the historian Murray Morgan once observed, Seattle residents "tend to look on Alaska as their very own... Seattle stores display sub-arctic clothing, though Puget Sound winters are usually mild; Seattle curio shops feature totem poles, though no Puget Sound Indian ever carved one." This perception is possibly one of the largest legacies of the Klondike Gold Rush, which links Seattle and the Last Frontier in the public mind. Yet, the success and brotherhood shared between...
Mining and mineral exploration helped to bolster an Alaskan economy plagued by COVID-19 during 2020. According to a report prepared by the McKinley Research Group, a renowned Alaska-based research and consulting firm formerly known as McDowell Group, Alaska's mining industry injected roughly $2 billion into the Alaska economy last year. Commissioned by the Alaska Miners Association and Council of Alaska Producers, "The economic benefits of Alaska's mining industry" report...
The American Southwest is the best place in the world to find, permit, and build a mine, according to the mining executives that responded to the Fraser Institute's Annual Survey of Mining Companies, 2020. Nevada, which is a perennial top-5 contender when it comes to "investment attractiveness", reclaimed the top spot from Western Australia in the latest edition of the Fraser mining survey. Arizona moved up from seven places to claim the No. 2 position in this category....
ZincX Resources Corp. Feb. 24 reports that a district-wide evaluation of its Kechika regional zinc properties has identified 19 high-priority targets across this expansive land package that covers a 140-kilometer- (87 miles) long stretch of the Kechika Trough in northern British Columbia. The Kechika regional project encompasses 11 properties that stretch northwest from Akie – (from south to north) Pie, Cirque East, Yuen, Yuen North, Mt. Alcock, Kwad, Weiss, Bear-Spa, D...
One of few mineral explorers active in Yukon Territory during the mining industry's 2020 beleaguered field season recently reported encouraging results that give credence to the idea that a new gold camp may be on the verge of emerging in Canada's North. Stratabound Minerals Corp. completed a late-season exploration program last year on its 84-square-kilometer (32.4 square miles) Golden Culvert property, along a 24 kilometer- (15 miles) long mineralized trend in Southeastern...
Without a doubt, 2020 was somewhat less than a perfect year. If you didn't like the way it started out, with an impeachment and a pandemic dominating the news, you might not have liked the way it ended, with a pandemic and an impeachment dominating the news. While miners from one end of Alaska to the other were doing whatever they could to remain safe and in business, travel restrictions and quarantines certainly did not make things any easier. Whether you were a Trumper or a...
Heliostar Metals Ltd. reported two zones of strong mineralization from the first hole the company drilled into the Aquila target on its Unga project in Southwest Alaska. In November, Heliostar reported that this hole, AQ20-01, cut 3.6 meters averaging 4.46 grams per metric ton gold and 6.8 g/t silver from a depth of 37.6 meters. Further assay results show this hole tapped more robust mineralization over broader depths further downhole. At 46.6 meters, hole AQ20-01 cut 17.4...
Australia-based Discovery Africa Ltd. Feb. 22 announced the staking of 308 state mining claims covering gold-silver-copper and tin-silver prospects in Southcentral Alaska. Known as the Chulitna project, this roughly 46-square-mile land package covers the Partin Creek and Coal Creek prospects about four miles west of the Parks Highway and about 155 miles north of Anchorage. This is just south of Avidian Gold Corp.'s Golden Zone project. Historical mapping, trenching, and rock...
Banyan Gold Corp. Feb. 24 announced the final assay results from a 2020 drill program that significantly expanded the footprint of gold mineralization at AurMac, a road accessible project about 56 kilometers (35 miles) northeast of Mayo, Yukon and roughly 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle gold mine. According to a May calculation, two at-surface deposit at AurMac host 52.58 million metric tons of inferred resource averaging 0.54 grams per metric...
