The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 8 of 8
The Tahltan First Nation has put mining and mineral exploration companies hoping to do business in northwestern British Columbia on notice – build respectful relationships with Tahltan governments and people or you will not be welcome in Tahltan Territory. This warning came in the form of an official notice from Tahltan Central Government, the administrative governing body for the Tahltan Nation, opposing any further operation by Doubleview Gold Corp. in Tahltan Territory. T...
Fortune Minerals Ltd. March 17 reported that geophysics carried out last fall has identified five high-priority drill targets for this summer's drill program at the company's Nico gold-cobalt-bismuth-copper deposit in Canada's Northwest Territories. Nico hosts 33.1 million metric tons of proven and probable reserves averaging 0.11% (82 million pounds) cobalt, 0.14% (110 million lb) bismuth, 0.04% (27 million lb) copper and 1.03 grams per metric ton (1.1 million ounces) gold....
Kinross Gold Corp. March 14 announced that the Peak Gold project in eastern Alaska has been renamed Manh Choh, which means Big Lake in the Upper Tanana Athabascan language. This name, chosen by Village of Tetlin Chief Michael Sam and the tribal council, refers to the 7.5- by 4.5-mile Tetlin Lake, a site of high cultural significance in the Tetlin community. Kinross says this mutual agreement on the name is symbolic of the mining company's approach in developing the high-grade...
Heatherdale Resources Ltd. March 16 announced the start of a drill program targeting the expansion of Lookout Zone, the largest deposit identified so far on the company's Niblack copper-gold-silver-zinc volcanogenic massive sulfide project in Southeast Alaska. According to a 2011 calculation, the Lookout deposit at Niblack host 5.64 million metric tons of indicated resource averaging 0.95% (118.1 million pounds) copper, 1.75 grams per metric ton (317,220 ounces) gold, 29.5...
Sabina Gold & Silver Corp. March 16 announced that it has raised C$35.1 million to fund the advancement of its Back River gold project in Nunavut and expects to add another C$4.1 million to its coffers by the end of the month. A 2015 feasibility study detailed plans for mining four deposits at Back River – Goose, Llama, Umwelt, and Umwelt Underground – to feed a 3,000-metric-ton-per-day mill forecast to produce an average of roughly 200,000 oz of gold per year over an 11....
Gold Terra Resource Corp. March 16 reported that the 2020 drill program added roughly 472,000 ounces of gold to the resource at its Yellowknife City Gold project in Northwest Territories. According to the new calculation, Yellowknife hosts 1.21 million ounces of gold in 21.8 million metric tons of open-pittable inferred resource averaging 1.25 grams per metric ton (876,000 oz) gold; and 2.55 million metric tons of underground inferred resource averaging 4.04 g/t (331,000 oz)...
The U.S. Army Corps of Engineers does not subscribe to the idea that it is better for the residents of the Bristol Bay region of Southwest Alaska to have worked and lost than never to have worked at all. In its public interest review for the Pebble project, Army Corps determined that some Bristol Bay residents that become accustomed to increased income and lower living costs from developing Pebble may be forced to move out of the region or lower their standard of living after...
Nova Minerals Ltd. March 15 said it is encouraged by the results from ore sorting tests completed on material sourced from the Korbel Main deposit on its Estelle gold project in Alaska. According to the most recent calculation, Korbel Main hosts 3.28 million ounces of gold in 291 million metric tons of Australian Joint Ore Reserves Committee- (JORC) compliant inferred resource averaging 0.35 grams per metric ton gold. This resource is expected to be expanded with a new...
