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
Sixty North Gold Mining Ltd. April 2 said initial results from a helicopter-borne geophysical survey have identified several priority drill targets at the company's Mon silver-gold-lead-zinc property in Northwest Territories. Located about 45 kilometers (28 miles) north of Yellowknife, Mon is primarily known for the small high-grade gold deposit discovered by Cominco Ltd. geologists in the 1930s. David Webb, a geologist and director of Sixty North, optioned the Mon property...
Osisko Metals Inc. April 4 reported results from an additional 34 drill holes drilled in the East Mill zone at the Pine Point zinc project in Northwest Territories. Located about 42 kilometers (26 miles) east of Hay River, Pine Point is the site of a historical mine operated by Cominco (now Teck Resources) from 1964 to 1988. During that time, Cominco mined zinc-lead ore from a series of 50 surface and underground deposits along a 60-kilometer (37 miles) trend. In all, Cominco...
Nighthawk Gold Corp. April 3 announced it has launched the 2019 exploration program at its Indin Lake gold property in Northwest Territories. The company plans to invest roughly C$10 million this year on a program the will include at least 25,000 meters of drilling, as well as mapping and prospecting across the 899-square-kilometer (347 miles) Indin Lake property. This program has begun with three drills turning at Colomac, a gold project centrally located on the property....
Pretium Resources Inc. April 4 said the Brucejack Mine in is now expected to average 525,000 ounces of gold annually over the next 10 years at all-in sustaining cost of US$535 per ounce, according to a new mine plan for the underground mine in northwestern British Columbia. The new 14-year plan for Brucejack is based on 16 million metric tons of reserves averaging 12.6 grams per metric ton (6.4 million ounces) gold and 59.3 g/t (30.5 million oz) silver. To push gold...
Crystal Lake Mining Corp. April 1 announce the closing of a C$4.6 million financing, which will primarily be used to fund a 2019 drill program at the Newmont Lake gold-copper-silver property in northwestern British Columbia. Located about 30 kilometers (19 miles) northwest of Skeena Resources Ltd.'s Eskay Creek project and about the same distance southeast of Teck Resources Ltd. and Newmont Mining Corp.'s Galore Creek project, Newmont Lake is in an area known for deposits...
While neither Barrick Gold Corp. or Novagold Resources Inc. have officially announced plans to proceed with the development of Donlin Gold, there are indications that partners are leaning toward a positive decision on this 39-million-ounce gold mine project in Southwest Alaska. "With permitting largely complete, we are shifting more focus on integrating scoping-level optimization work into a study that will serve as the basis for an updated project development plan," Novagold...
With a pre-feasibility study that details a small but financially robust mine, Alexco Resource Corp. is ready to ramp up mining at its Keno Hill Silver District project in the Yukon. "The results of the PFS reflect the exceptional asset we have in Keno Hill and demonstrate a robust high margin primary silver operation that can produce approximately 4 million ounces of silver per year," said Alexco Resource Chairman and CEO Clynt Nauman. At an average rate of about 430 metric...
