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Articles from the April 10, 2016 edition


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  • Ucore nabs Lifton's REE expertise

    Updated Feb 1, 2018

    Ucore Rare Metals Inc. April 4 said it appointed Jack Lifton to its advisory board. In this role, Lifton will be consulting exclusively to Ucore in matters related to rare earths, including resource securement, production, and offtake agreements. Educated as a physical chemist specializing in high-temperature metallurgy, Lifton is a consultant, author and lecturer on the market fundamentals of technology metals, including rare earth elements, lithium, platinum group metals, and other core technology metals. He has more than...

  • SuperLig®-One pilot plant ready to separate Alaska rare earths

    Shane Lasley|Updated Apr 10, 2016

    Ucore Rare Metals Inc. April 5 reported that pre-commissioning of the SuperLig®-One rare earth elements separation pilot plant is nearly complete, and the commissioning phase was scheduled to begin later in the week. The pre-commissioning included the testing of automation and fluid circuits; quality assurance certification of the SuperLig® resins to be used in the plant; analysis of the pregnant leach solution to be used during the commissioning phase of the plant; and testin...

  • Novagold, Donlin remain on track

    Shane Lasley|Updated Apr 10, 2016

    Novagold Resources Inc. April 4 released its first-quarter financial results and updates for its 50 percent-owned Donlin Gold project in Alaska and its 50 percent-owned Galore Creek copper-gold-silver project in British Columbia. At Donlin Gold, the U.S. Army Corps of Engineers continues to collect public comments on the draft environmental impact statement for the gold project. Meetings to collect comments on the draft EIS were held in Anchorage and in communities across the...

  • Heatherdale CEO Smith steps down

    Shane Lasley|Updated Apr 10, 2016

    Heatherdale Resources Ltd. April 1 reported that Patrick Smith has resigned as president and CEO and as a director of the company. Heatherdale Chairman Scott Cousens will serve as interim president and CEO of Heatherdale. Heatherdale is focused on Niblack, a volcanogenic massive sulfide project located on Prince of Wales Island in Southeast Alaska. "Pat's experience and understanding of Southeast Alaska was of particular value over the past five years during the exploration ph...

  • Infill drilling cuts more bonanza gold at Brucejack

    Shane Lasley|Updated Apr 10, 2016

    Pretium Resources Inc. April 5 reported the underground infill drill program at the Brucejack mine project in northwestern British Columbia continues to confirm the style and grade distribution of the gold mineralization in the area of the Valley of the Kings deposit currently being tested. This seventh batch of assay results includes six intersections grading greater than 1,000 grams of gold per metric ton. Hole VU-633 intersected 428.43 g/t gold uncut over 14 meters,...

  • More gold, greater potential for Red Mountain project

    Shane Lasley|Updated Apr 10, 2016

    IDM Mining Ltd. April 4 provided an updated resource estimate for its Red Mountain gold project located in northwestern British Columbia about 15 kilometers (nine miles) northeast of Stewart. Red Mountain now hosts 1.64 million metric tons of measured and indicated resource averaging 8.36 grams per metric ton (441,500 ounces) gold and 26 g/t (1.38 million oz.) silver. "With the release of today's updated resource estimate for the Red Mountain project, another milestone has...

  • Millrock expands holdings in B.C.'s Golden Triangle

    Shane Lasley|Updated Apr 10, 2016

    Millrock Resources Inc. April 4 reported that has staked additional ground in the Golden Triangle of northwestern British Columbia that covers the favorable contact and structures that host mineralization on Millrock's Todd and Poly projects, and joins the two properties together. Todd is centered in the Todd Creek Valley, about 25 kilometers (16 miles) northeast of Stewart. Poly, bisected by Hwy 37A and the Stewart Power Line, is located about eight kilometers (five miles)...

  • Splitting the difference

    Shane Lasley, Mining News|Updated Apr 10, 2016

    Alaska's mining sector is the target of a potential tax hike as lawmakers look for new revenues to help close the state's nearly US$4 billion budget deficit. For perspective, this fiscal gap is roughly 35 percent larger than the worth of all the zinc, gold, silver and lead mined in Alaska during 2015. The proposed mining tax increase is part of Gov. Bill Walker's larger budget balancing plan that includes cutting state spending, restructuring the Alaska Permanent Fund, and...

  • New PFS shows promise for Prairie Creek zinc mine

    Shane Lasley|Updated Apr 10, 2016

    Canadian Zinc Corp. March 31 provided summary results of its 2016 preliminary feasibility study on it Prairie Creek zinc-lead silver mine in Northwest Territories. This updated PFS is based on optimization work completed over the past three years, including a 2015 exploration program that increased total measured and indicated resource tonnages by 32 percent. The 2016 PFS outlines a mine that would produce an average of 60,000 metric tons of zinc concentrate and 55,000 metric...

  • Drills turn on satellite targets at Yukon's Eagle Gold project

    Shane Lasley|Updated Apr 10, 2016

    Victoria Gold Corp. March 31 reported that it has begun drilling the Olive-Shamrock target, a satellite zone to the Eagle Gold deposit at the Dublin Gold project in the Yukon Territory. Olive lies 2,000 meters from the proposed infrastructure at the fully permitted Eagle Gold project, where the company plans to develop an open-pit mine and valley heap leach operation that would produce 192,000 ounces of gold annually for roughly nine years, based on probable reserves of 92...

  • Golden Predator extends high-grade gold at 3 Aces

    Shane Lasley|Updated Apr 10, 2016

    Golden Predator Mining Corp. March 31 said it has collected 750 tons of gold-quartz vein material from the Sleeping Giant vein at its 3 Aces project in the Yukon Territory. Identifying visible gold mineralization in the lowest bench of the bulk sample program, the company has initiated a reverse circulation drill program to test the expansion of this high-grade gold to depth and along strike. The Sleeping Giant zone, which can be accessed via an exploration dirt road from the...