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
ATAC Resources Ltd. Jan. 28 reported that its initial phase of 2019 exploration will focus on Rau, a 660-square kilometer (255 square miles) property at the western end of the company's Rackla Gold property in the Yukon. Currently, this property is anchored by Tiger, a carbonate replacement body with 5.68 million metric tons of measured and indicated resources averaging 2.66 g/t (485,700 oz) gold. "The Rau project is an emerging 20-kilometer- (12.5 miles) long polymetallic dis...
Kutcho Copper Corp. March 4 reported an updated and expanded mineral resource estimate that will serve as the basis for an upcoming feasibility study on the company's Kutcho copper-zinc project located in northern British Columbia. "We are pleased to announce an updated mineral resource estimate for the Kutcho project that incorporates the significant work and new drilling conducted by Kutcho Copper during our first full year of ownership," said Kutcho Copper President and...
Skeena Resources Ltd. Feb. 28 reported an updated open-pit resource for its Eskay Creek gold-silver project in northern British Columbia. Skeena cut a deal with Barrick Gold Corp. late in 2017 to acquire the major's interest in Eskay Creek and during 2018 the junior carried out an initial phase of expansion and infill drilling targeting three zones – 21A, 21C and 22 – at this historic gold-silver mine property. The 46 holes Skeena Resources drilled from the surface, com...
The value of non-fuel metals produced in Alaska and the United States during 2018 were similar to 2017, according to Mineral Commodity Summaries 2019, an annual report published by the U.S. Geological Survey. Alaska mines produced roughly $3.44 billion worth of non-fuel minerals last year, down nearly 3 percent from the US$3.53 million in 2017. This slight drop is largely due to lower output from the two largest mines in the state – Fort Knox and Pogo. The roughly 1.4 b...
Freegold Ventures Ltd. March 5 reported that the potentially large porphyry copper-gold-silver-tungsten deposits it has been exploring on the Shorty Creek project in Interior Alaska has drawn the interest of Australia-based South32 Ltd. Under an option agreement with Freegold Ventures, a South32 subsidiary has agreed to fund up to US$10 million of exploration over the next four years, including US$2 million this year. This exploration spending keeps an option open for South32...
Trilogy Metals Inc. March 5 reported promising results from additional copper and cobalt metallurgical results for the Bornite project in the Ambler mining district of Northwest Alaska. According to a 2016 calculation, the Bornite project hosts roughly 6.4 billion pounds of copper and 77 million lb of cobalt. These metal quantities, however, are expected to rise when an update resource calculation currently underway is complete. Nine samples from drilling over the past two yea...
When it comes to attracting mining investment, Alaska, British Columbia and all three Canadian territories rank among the top 20 jurisdictions in the world on the Fraser Institute Survey of Mining Companies 2018. This report asks industry professionals from around the globe to score mining jurisdictions based on their mineral endowment and various policy topics important to mining. "The mining survey-now in its 21st year-is the most comprehensive report card on government...
