The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 9 of 9
Racing to become Canada's first miner of rare earth elements, Vital Metals Ltd. had clocked another milestone by producing a 12-kilogram sample of rare earth carbonate in a bulk sampling program at its Nechalacho rare earths project located 100 kilometers (62 miles) southeast of Yellowknife, the capital of Northwest Territories. Vital is hoping to begin production of rare earth oxide at Nechalacho in the second quarter of 2021, with early production from a North T starter...
Resolution Minerals Ltd. March 24 announced the start of 2021 drilling at the 64North gold project in Interior Alaska. This early season program is expected to include 40 shallow rotary air blast holes to test the potential at Sunrise, a new gold prospect identified when a road was pushed into Aurora target area last year. "A fantastic opportunity was generated by RML's trenching and geophysics programs in 2020 which identified the potential of the outcropping Sunrise prospect...
Copper Fox Metals Inc. March 22 published an updated resource estimate for Schaft Creek, a large porphyry copper-gold-silver-molybdenum project advanced under a joint venture between Teck Resources Ltd. (75%) and Copper Fox (25%). According to the new calculation, Schaft Creek hosts 1.35 billion metric tons of measured and indicated resources averaging 0.26% (7.76 billion pounds) copper, 0.17 grams per metric ton (7 million ounces) gold, 1.25 g/t (54.3 million oz) silver, and...
From a world-class graphite deposit in the Northwest to rare earths on the Southeast Panhandle, Alaska has the potential to offer a sustainable and secure supply to meet the coming explosive demand for the minerals and metals crucial to the renewable energy and electric vehicle sectors in North America and around the globe. International Finance Corporation, part of the World Bank Group, estimates that this shift to low-carbon energy and electric mobility will create nearly...
Far to the north lies the second largest of Canada's three territories, simply named the Northwest Territories, and within this vast region of more than 400,000 square miles lies its only city, the capital called Yellowknife. Yellowknife, and most of the region of the Northwest Territories, lies within what is known as the Canadian Shield, a large area of Precambrian igneous and metamorphic rock, meaning it dates to the earliest part of Earth's history. Scoured down to stone...
HighGold Mining Inc. March 22 reported that results from its 2020 regional exploration program at Johnson Tract in Southcentral Alaska continue to identify zones of high-grade gold and silver beyond the JT deposit area. "We are extremely pleased with the regional picture emerging at Johnson Tract with recent surface exploration results now defining widespread, robust and diverse styles of mineralization over an area several square kilometers in size," said HighGold Mining...
Grande Portage Resources Ltd. March 24 reported that the final assay results from its 2020 drill program at Herbert Gold continued to demonstrate the wide distribution of high-grade gold in multiple parallel veins at the project in Southeast Alaska. "The 2020 drilling campaign clearly demonstrates confidence that the Herbert Gold system is pervasive and continues to expand," said Grande Portage Resources President Ian Klassen. "All veins drilled in 2020 encountered mineralized...
Gold Terra Resource Corp. March 23 reported that it cut 4.35 meters averaging 10.85 grams per metric ton gold in its third hole drilled on the property it recently optioned from Newmont Ventures Ltd. and Miramar Northern Mining Ltd. Located between Yellowknife, Northwest Territories and Gold Terra's large land position south of the city, the Newmont Option property covers a roughly 3,500-meter section of the Campbell Shear, which is the source of nearly 6 million ounces of...
In February, the Alaska Miners Association (AMA) released its annual report on the Economic Benefits of Alaska's Mining Industry. That report highlighted the fact that 4,700 direct and 9,600 indirect jobs in the state are attributable to mining activities. In addition, $890,000,000 (not counting benefits) in direct and indirect payroll are earned by Alaskans and another $880,000,000 are spent on goods and services purchased from Alaska's vendors. The industry also distributes...
