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
Trilogy Metals Inc. April 19 said recently completed metallurgical testing demonstrates that excellent metals recoveries and clean copper and zinc concentrates can be generated from the copper-lead-zinc-gold-silver ores at Arctic, a volcanogenic massive sulfide deposit at the Upper Kobuk Mineral Projects in Northwest Alaska. During 2016, Trilogy completed four holes targeting mineralized material that is planned to be mined during the first seven years of production at...
Seabridge Gold Inc. April 19 announced the closing of a C$15.73 million financing. The company plans to use the proceeds of this public offering to continue exploration and other programs at its KSM and Iskut projects in the Golden Triangle region of Northwestern British Columbia and for general corporate purposes. Four of the zones at the KSM project - Kerr, Sulphurets, Mitchell and Iron Cap - contain 2.2 billion metric tons of proven and probable reserves averaging 0.55 grams per metric ton (38.8 million oz.) gold, 0.21...
Nighthawk Gold Corp. April 19 reported encouraging preliminary results from its metallurgical program on the Colomac Gold project in Northwest Territories. These initial results indicate that recoveries of up to 96.5 percent of the gold may be achieved and the rock is amenable to all standard gold recovery technologies. This is significantly higher than the 88.1 percent recoveries achieved during active mining on the property from 1994 to 1997. "Results from this initial metallurgical testing have significantly exceeded our...
After roughly two years of taxing negotiations, Teck Alaska and Northwest Arctic Borough have found middle ground on a tax structure that offers the municipality added funds to provide services to a sprawling remote borough without risking the viability of Red Dog during the lows of cyclical metals markets. Teck is the operator of Red Dog and Northwest Arctic Borough is a regional municipality that blankets 40,750 square miles of Northwest Alaska, a minerals rich expanse...
Klondike Gold Corp. April 19 said it plans to invest C$2 million on the 2017 exploration program for its Klondike district property near Dawson City, Yukon. This work will primarily focus on Lone Star, a 4,000-meter-long target that shows the potential for a million-ounce gold discovery. The program will include extensive high resolution 3D imaging of electrical resistivity and induced polarization geophysics to map the geology and subsurface continuity of Lone Star and a large drill program designed to outline the potential...
Darnley Bay Resources Ltd. April 18 published results of a preliminary economic assessment for Pine Point that indicates developing a mine at this zinc project about 65 kilometers (40 miles) east of Hay River Northwest Territories would be relatively inexpensive and the payback on the initial capital would be realized in less than two years. The PEA examined several development scenarios and settled on a mining plan where 10 open-pit deposits are mined in sequence. The deposits included in the mine plan host 25.8 million...
Dominion Diamond Corp. April 12 provided an update on its exploration and development pipeline in the Northwest Territories. This includes the advancement of its portfolio of development projects at the Ekati and the Diavik diamond mines and increasing exploration in Lac de Gras, the highly prospective region of Northwest Territories that hosts both operations. "We continue to execute on our long-term strategy and create value for all shareholders. With the support of our stro...
