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
Pretium Resources Inc. April 11 reported that its Brucejack Mine in northwestern British Columbia produced 75,689 ounces of gold during the first quarter of 2018, a nearly 7 percent increase over the 70,281 oz produced during the previous quarter. Roughly 43 percent of the quarterly Brucejack gold was produced during March "Gold production improved steadily through the first quarter, with 32,910 ounces produced in March. This result is attributed to the successful...
K2 Gold Corp. April 12 said a recent re-interpretation of geochemical and geophysical data suggest the potential for a larger gold system than previously envisioned at Wels, a western Yukon property about 30 miles (50 kilometers) east of the Alaska-Yukon border. "I am very encouraged at the increased size of the mineralization footprint at Wels and the potential for a large-scale discovery," said K2 Gold President and CEO Stephen Swatton. Re-interpretation of the existing rock...
Dunnedin Ventures Inc. April 5 said it is expanding its 2018 exploration program at Kahuna, a large diamond property about 16 miles (26 kilometers) northeast of Rankin Inlet and adjacent to Agnico Eagle's Meliadine gold mine. Two kimberlites on the property – Kahuna and Notch – hosts 4.02 million carats of diamonds in 3.99 million metric tons of inferred resource averaging 1.01 carats per metric tons. The kimberlites in the resource are exposed at surface and remain open to extension along strike and at depth. Overall, Dun...
Hecla Mining Company April 11 reported that its Greens Creek Mine in Southeast Alaska produced 1.91 million ounces of silver and 13,118 oz of gold during the first quarter of 2018, down slightly from the 1.93 million oz of silver and 14,022 oz gold produced during the first three months of last year. The Idaho-based mining company attributes the slight drop in precious metals production at Greens Creek to lower ore grades due to mine sequencing, partially offset by higher...
Coeur Mining Inc. April 9 reported that the Kensington Mine in Southeast Alaska produced 26,064 ounces of gold during the first quarter of this year, which is comparable to the 26,197 oz produced during the first three months of 2017 but down roughly 25 percent from the 34,932 oz produced during the previous quarter. The company attributes the lower output, compared to the fourth quarter of 2017, to lower planned grades related to mine sequencing as well as...
Sabina Gold & Silver Corp. April 9 reported that the spring drill program has cut long sections of high-grade gold below the current resource at its Back River gold project in Nunavut, Canada. The roughly 6,000 meters of drilling planned for this spring is testing targets at the Goose property – Llama Extension, Umwelt Vault, and the relatively untested DIF (deep iron formation) horizon – that could have a high impact on the mine being developed at Back River. In 2015, the...
After trekking roughly 71 miles across Alaska's Interior on a winter trail west from Delta Junction, Australia-based White Rock Minerals Ltd. has delivered the drill, camp and other supplies needed to explore the zinc-rich volcanogenic massive sulfide deposits and prospects at its Red Mountain project in the Bonnifield Mining District. "The company is very excited about the potential for its globally significant high-grade zinc VMS project at Red Mountain," said White Rock CEO...
U.S. Army Corps of Engineers believes it can get to a decision on the Environmental Impact Statement for the proposed Pebble Mine project in Southwest Alaska by spring of 2020, or a little more than two years after the Pebble Partnership submitted permit applications. "If things progress as we see, a decision will be made no earlier than the spring of 2020," said Sheila Newman, deputy chief, Regulatory Division, U.S. Army Corps of Engineers – Alaska District. While this is a...
