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
Gold Terra Resource Corp. (formerly TerraX Minerals Inc.) April 22 reported that its winter drill program continues to confirm and expand the gold mineralization at the Sam Otto South target on its Yellowknife City Gold project in Northwest Territories. The Yellowknife project encompasses 783 square kilometers (302 square miles) of gold prospective land immediately north, south, and east of Yellowknife. Three deposits at this district-sale property – Crestaurum, Mispickel and...
Skeena Resources Ltd. April 23 released the first batch of gold-silver drill results from its 2020 surface drill program at the Eskay Creek project in British Columbia's Golden Triangle. According to a calculation completed early in 2019, Eskay Creek hosts 12.71 million metric tons of surface mineable indicated resource averaging 4.5 g/t (1.82 million oz) gold and 117 g/t (47.79 million oz) silver; and 13.57 metric tons of surface mineable inferred resource averaging 2.2 g/t...
Redstar Gold Corp. April 20 announced that geophysical and geochemical studies completed late last year has identified potential strike extensions of the high-grade gold veins that supplied ore for the historic Sitka Mine on Unga Island. Redstar's Unga project covers roughly 93 square miles (240 square kilometers) of two islands south of the Alaska Peninsula, Unga and Popof islands, that has long been known for its high-grade gold. Apollo, the first hard rock underground gold...
Coeur Mining Inc. April 22 announced increased gold production at Kensington, thanks to increased ore grades and recovery rates at this Southeast Alaska mine. Kensington produced 32,022 ounces of gold during the first quarter, which is an 8% increase over the previous quarter and a 7% improvement over the first three months of 2019. This puts the mine on pace to produce more than 128,000 oz of gold this year, which at the upper end of Coeur's 2020 gold production guidance of...
Northwest Territories' mining sector took a major blow with the news that Dominion Diamond Mines, majority owner of the Ekati diamond mine and 40% owner of the Diavik diamond mine has filed for insolvency protection under the Companies' Creditors Arrangement Act (CCAA). While it has been a tough year for diamond markets, the COVID-19 pandemic was the blow that has forced Dominion to file for creditor protection. "The CCAA filing was necessitated primarily by the impact of the...
Nova Minerals Ltd. April 20 announced that the Alaska Industrial Development Export Authority (AIDEA) has approved a resolution authorizing an agreement to advance studies of the West Susitna Access Road, which would provide surface access to the resource-rich area of Alaska where Nova's Estelle gold project is located. "First and foremost, being Alaskan born and bred, I am extremely excited about this initiative for my people and state," said Nova Minerals CEO Chris...
Teck Resources Ltd. April 20 reported increased zinc and lead production at Red Dog, despite the adjustments and precautions taken to protect the health of the workforce and residents in nearby Northwest Alaska communities during the COVID-19 outbreak. Red Dog produced 128,400 metric tons (283.1 million pounds of zinc during the first quarter of this year, which is 17% higher than the first three months of 2019. Likewise, the first quarter zinc production during the first...
An attempt to legally force the U.S. Environmental Protection to keep a pre-emptive veto of the Pebble copper mine project active was thwarted in federal court on Friday. On April 17, Alaska District Federal Judge Sharon Gleason dismissed a case brought by Pebble opposition groups that contested EPA's 2019 decision to withdraw the preemptive veto of the proposed copper-gold-molybdenum mine in Southwest Alaska. Based on Section 404c of the U.S. Clean Water Act, which is the...
