The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 10 of 10
PolarX Ltd. March 25 announced that 3D modelling of magnetic data collected last year provides further evidence of a large porphyry copper-gold target at Saturn, an Alaska Range prospect previously known as Zackly SE due to its proximity to a high-grade skarn deposit on the Australian company's property. PolarX began its exploration at Alaska Range with expansion drilling at the known Zackly skarn, which hosts 3.4 million metric tons of inferred resource averaging 1.2 percent...
Seabridge Gold Inc. March 25 announced a five-year extension of the provincial Environmental Assessment certificate for its KSM copper-gold project in northwestern British Columbia. Originally issued in 2014, the original KSM EA certificate was issued by the Province for an initial five-year term set to expire on July 29, 2019. The new five-year certificate was approved with the same terms and conditions as the original, including the requirement to commence construction of a...
Fortune Minerals Ltd. March 26 reported that the Rural Municipality of Corman Park near the town of Langham, Saskatchewan has rejected the company's application for rezoning required to construct and operate a facility to process metal concentrates from the company's planned NICO cobalt-gold-bismuth-copper mine in the Northwest Territories. Fortune acquired 478 acres of Corman Park lands for this refinery after consulting with the Saskatchewan Ministry of Economy and the...
Northern British Columbia is known for its remote and rugged towns and few places can match that description as well as Stewart, a community at the southern tip of the province's famed Golden Triangle with deep mining roots. Located just across the border from the Southeast Alaska panhandle and at the head of what is called the Portland Canal, this town was built on the backs of pioneers and has retained much of its frontier history. Originally the land around Stewart was the...
The quest for diamonds at the Kennady North project next door to the Gahcho Kué Mine in Northwest Territories got a boost on Feb. 27 when owner Mountain Province Diamonds Inc. reported plans to begin its 2019 winter exploration program on the 67,432-hectare property. Kennady North covers a portion of the southeastern Slave Geological Province in Northwest Territories within the Kelvin-Faraday Corridor, a northeast-southwest structural feature that continues to the southwest an...
White Rock Minerals Ltd. is preparing for a US$4.3 million exploration program at its zinc- and precious metals-rich Red Mountain project in Alaska, thanks to an option agreement with fellow Australian miner, Sandfire Resources NL. Under the option agreement, Sandfire can earn up to a 70 percent joint venture interest in the Red Mountain property by investing US$21.6 million into Red Mountain and completing a pre-feasibility study for developing a mine at the volcanogenic mass...
As is usually the case this time of year, the mining industry is awash in backward-looking statements designed to allow for more accurate forward-looking statements. Prime among them is one of my favorites, S&P Global's annual "World Exploration Trends 2019", a summary of what happened industry-wide in 2018 and what it may portend for the mining industry in 2019. The study predicts that global exploration budgets will increase again in 2019, although by a smaller amount, with...
Graphite One Inc. March 26 reported an update resource with more graphite at higher grades, a good sign that the Graphite Creek deposit in western Alaska could provide a much needed American supply of this carboniferous material required to make the batteries powering electric vehicles. "Graphite Creek continues to show potential to be a significant domestic source of critical materials for electric vehicle batteries, power storage and various other critical and strategic end...
Seeking economic and cultural prosperity for its more than 22,000 Tlingit, Haida and Tsimshian shareholders while also looking to provide even greater benefits for future generations, Sealaska takes a balanced approach to developing the resources growing above and stored beneath its lands in Southeast Alaska. This does not mean the Southeast Alaska Native Claims Settlement Act (ANCSA) corporation shuns mining or other resource development in its region, a nearly 600-mile...
I don't really know how much it has cost John Sturgeon to go to the United States Supreme Court (SCOTUS) twice in order to vindicate his right to use a hovercraft to go hunting on the Nation River, nor do I really care; but it must have been scratching on the underside of a million dollars, if not a great deal more. Lots of people made individual contributions, and there has been tremendous moral support for him in his decade-long interface with the American system of...