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
Fireweed Zinc Ltd. March 27 reported that it has cut deals with Constantine Metal Resources Ltd. and Carlin Gold Corp. and Golden Ridge Resources Ltd. that significantly expands its land position in the Macmillan Pass Zinc District of eastern Yukon. Fireweed Zinc Ltd., a new exploration company, is focused on advancing the Jason and Tom zinc-lead-silver deposits at its Macmillan Pass property. Together, Jason and Tom host 11.21 million metric tons of indicated resource...
Banyan Gold Corp. March 22 announced an expansion of the Main Zone deposit at its Hyland Gold project about 45 miles (74 kilometers) east of Watson Lake in southeastern Yukon. Hyland now hosts 8.6 million metric tons of indicated resource averaging 0.74 grams per metric ton (216,000 ounces) gold and 7.04 g/t (1.95 million oz) silver; and 10.8 million metric tons of inferred resource averaging 0.77 g/t (266,000 oz) gold and 5.32 g/t (1.85 million oz) silver. "Banyan is...
The U.S. Army Corps of Engineers – Alaska District March 28 published a Notice of Intent to prepare a draft environmental impact statement (EIS) for review of the Pebble Limited Partnership's application to discharge fill material into waters of the United States for the purpose of developing a mine at its world-class copper-gold-molybdenum project in the Bristol Bay region of Southwest Alaska A 30-day public scoping and public comment period is set to begin April 1. This s...
Auryn Resources Inc. March 23 announced that it has raised US$9.8 million to help fund its 2018 exploration in Nunavut, British Columbia and Peru. The financing included a bought deal offering involving the of sale 6,015,385 Auryn shares at US$1.30 each. This US$7.8 million offering was underwritten by Cantor Fitzgerald Canada Corp., PI Financial Corp., Canaccord Genuity Corp., Echelon Wealth Partners Inc., Haywood Securities Inc. and Roth Capital Partners, LLC. Auryn paid a...
GT Gold Corp. March 21 announced it has raised the money to fund a planned C$6.7 million drill program aimed at expanding the high-grade gold at the Saddle South discovery on its Tatogga property and follow-up on several other targets on this exciting gold-silver project in the British Columbia's Golden Triangle. The private placement financing involved the issuance of 9.05 million GT Gold shares at C72 cents per share. The C$6.5 million raised gives GT Gold about C$9.5...
Dolly Varden Silver Corp. March 20 announced plans for a 25,000-meter drill program that will focus primarily on expanding the high-grade silver resource on its Dolly Varden property in northwestern British Columbia. "The 2018 exploration program will be larger than last year's program and is divided 80 percent for mineral resource purposes and 20 percent for exploration in this highly prospective mineral camp," said Dolly Varden President and CEO Gary Cope. Discovery areas...
FAIRBANKS – 2018 marks the 75th anniversary of Alaska's longest lived mining operation, the Usibelli Coal Mine Inc.'s coal mining operations near Healy – a monumental milestone honored by the mining community during the Alaska Miners Association Biennial Spring Conference in Fairbanks. "I guess as far as 75 years ago, that's a pretty amazing number when you think about it and in some ways we're a survivor and success is a combination of a lot of hard work and a lot of luc...
