The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 8 of 8
Novagold Resources Inc. April 3 reported that it ended the first quarter on pace to achieve its 2017 goals at the Donlin Gold project in Southwest Alaska and the Galore Creek copper-gold-silver project in northwestern British Columbia. "With more than US$98 million in our treasury as of Feb. 28, 2017, we are able to concentrate on activities related to permitting Donlin Gold, maintaining strong ties with all of our stakeholders and delivering on our stated objectives," said...
Pretium Resources Inc. March 31 reported that the transmission line to its Brucejack Mine is energized, a major milestone for this new high-grade gold operation in northwestern British Columbia. Commissioning in now underway and first ore expected to be introduced to the mill in mid-April. Construction of underground infrastructure at Brucejack - including the crusher, conveyor, and transfer towers - is nearing completion and the electrical substation has been energized. The installation of the SAG and ball mills is slated...
Alaska is rich in mineral potential but poor in the critical infrastructure needed to fully realize this potential, that was the message Alaska Division of Geological and Geological Surveys Director Steve Masterman delivered to lawmakers on Capitol Hill. During a March 30 hearing, Masterman informed member of the U.S. Senate Committee on Energy and Natural Resources that Alaska could be the answer to the United States growing dependence on foreign suppliers for minerals....
Endurance Gold Corp. April 3 said it has entered into an option to acquire the Trout and Wolverine properties immediately northeast of its Elephant Mountain gold project in Interior Alaska. Trout hosts two known gold targets - Trout and South Fork. The 1,000- by 300-meter Trout target is an intrusive-hosted soil anomaly that has returned soil values of up to 1,880 parts per billion gold. The highest grade rock sample collected at this target assayed at 9.64 grams per metric...
PacRim Coal LP March 31 said it has suspended its pursuit of the permits for development of the Chuitna coal mine in Southcentral Alaska. "Following several months of internal review and discussions, the partners in PacRim Coal LP have decided to suspend pursuit of its permitting efforts to invest in other projects," the company posted in a statement. Officials at PacRim declined to comment further on the decision. If developed as planned, Chuitna would have produced at least...
Dominion Diamond Corp. March 31 announced an increase in reserves for the Diavik diamond mine in Northwest Territories that supports two additional years of production, extending the life of this operation to 2025. The new mine plan, along with updated reserves and resources for Diavik are included in an updated technical report for Diavik. The new plan anticipates the mine will recover 46 million carats of diamonds from 2017 through 2025, an increase of 6.3 million carats...
Strikepoint Gold Inc. March 31 announced plans for at C$2 million of exploration on the Yukon properties it acquired from IDM Mining earlier this year. The total land package includes 22 properties in the Yukon that have been the target of roughly C$25 million of exploration by Ryan Gold Corp. Of these, Strikepoint has selected three - Pluto, Mahtin and Golden-Oly - as ready to be drilled. Strikepoint is planning a 'surgical' exploration program for 2017 that will focus on...
Victoria Gold Corp. April 4 announced the start of a C$6.2 million initial phase of 2017 drilling at its Dublin Gulch gold property in the Yukon. Roughly half of this phase 1 program will be focused on the rapid advancement of the Olive-Shamrock deposit, a satellite to the fully permitted and construction ready Eagle Gold Mine project. The work here will include step-out and definition drilling targeting the expansion of known, near-surface, minable tonnage along the...
