The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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On March 18, 2022, Alaska's mining community lost Bill Ellis, a close friend and geologist that was universally loved for his kind spirit and optimism, traits that will live on as a legacy as solid as the Alaska rocks he explored for the better part of half a century. All of us at North of 60 Mining News were blessed to get to know Bill and wish to send our love and condolences to his family, friends, and colleagues. In honor of Bill's memory, we would like to republish "Bill...
Gold Terra Resource Corp. March 22 reported that hole GTWL22-002 cut four meters averaging 19 grams per metric ton gold, including a one-meter subsection averaging 73.9 g/t gold in the Mispickel area of its Yellowknife City Gold Project in Northwest Territories. While Gold Terra's 2022 drill program is primarily focused on building gold resources along the Campbell Shear on the Con Mine property optioned from Newmont south of the city of Yellowknife, the company opted to...
Osisko Metals Inc. March 21 announced the latest results from the late 2021 definition drill program at its Pine Point project in Northwest Territories, Canada. After taking over Pine Point in 2018, Osisko completed a 2020 preliminary economic assessment that outlined a mine that could yield an average of 327 million pounds of zinc and 143 million lb of lead annually over an initial 10-year mine life. Presently, Osisko is nearing completion of an updated PEA that will include...
Skeena Resources Ltd. March 24 announced that it has received an extra C$30.4 million from the exercise of 2.8 million warrants held by Barrick Gold Corp. at C$10.80 per share. Skeena plans to use this new infusion of cash to help fund the 60,000-meter drill program it has slated for this year at the Eskay Creek gold-silver project in British Columbia's Golden Triangle. The warrants were issued as part of Skeena's 2020 deal to acquire full ownership of Eskay Creek from Barrick...
Eskay Mining Corp. March 21 announced that analysis of soil and rock chip sampling, coupled with results from an expanded aerial transient electromagnetic geophysical survey, has defined numerous new drill targets in three focus areas on the company's Consolidated Eskay gold-silver project in Northern British Columbia. "In 2021, we collected critical data including soils, rock chip samples, and an expanded SkyTEM survey over three targeted areas: the greater TV-Jeff region,...
Freegold Ventures Ltd. reported additional strong gold mineralization from 2021 holes drilled in both the Cleary Vein and Dolphin zones on its Golden Summit exploration project about 25 miles north of Fairbanks, Alaska. Located about 25 miles north of Fairbanks, Alaska, and adjacent to Kinross Gold Corp.'s Fort Knox Mine, Golden Summit hosts 61.5 million metric tons of indicated resource averaging 0.69 grams per metric ton (1.36 million ounces) gold; and 71.5 million metric...
Alexco Resource Corp. March 21 announced an update on the scale-up of mining operations at its Keno Hill project in the Yukon, as well as the anticipated mining and exploration activities for 2022. According to the most recent calculation, the Keno Hill Silver District hosts 1.44 billion metric tons of probable reserves averaging 804 grams per metric ton (37.19 million ounces) silver, 3.84% (122 million pounds) zinc, and 2.64% (84 million lb) lead in four deposits – B...
