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
Stakeholder Gold Corp. April 23 reported that renowned Yukon Territory prospector and innovator Shawn Ryan has agreed to join its exploration advisory committee. Ryan will provide guidance for exploration of Stakeholder's Ballarat gold property and other strategic initiatives in the White Gold District, Yukon. "Shawn Ryan is an experienced and proven discoverer of gold deposits in the Yukon, and the company he founded, GroundTruth Exploration Inc., has developed some of the most advanced and cost-effective methods of...
Alternative Earth Resources Inc. April 28 reported that it has decided to terminate its previously announced deal to acquire Kiska Metals Corp.'s Whistler copper-gold project in Southcentral Alaska. Under a non-binding agreement reported by Mining News on April 19, Alternative Earth was to acquire full ownership of Whistler in exchange for issuing Kiska 24.5 million of its shares, which would represent half of the company's shares upon completion of the exchange. Alternative...
Ucore Rare Metals Inc. April 28 reported the separation of samarium and gadolinium, the final two rare earths needed to be split by way of the cutting-edge molecular recognition technology. The MRT process is designed to bind selectively with ions based on multiple parameters such as size, chemistry, and geometry. Using a pregnant leach solution prepared from material taken from Ucore's Dotson Ridge deposit in Southeast Alaska, IBC Advanced Technologies developed a three-step...
Rep. Mark Amodei, R-Nevada, April 22 introduced the "National Strategic and Critical Minerals Production Act of 2015," which is intended to address American dependence on foreign minerals and to enable the United States to more efficiently develop its own mineral supplies. "It's not hyperbole to say our national defense and way of life depend on mineral production," said Amodei. "From military technology, such as aircraft and missiles used by service men and women to defend...
In a move that provides the cash needed to advance a feasibility study for the Arctic project in Northwest Alaska, NovaCopper has agreed to purchase Sunward Resources Ltd., a Vancouver, B.C.-based mining exploration company with a copper-gold asset in Columbia and roughly US$20 million in the bank. Over the several weeks leading up to the April 23 announcement of the potential merger, the value of Sunward's stock has hovered at roughly US$13 million, substantially less than...
Evrim Resources Corp. April 27 said it has signed an agreement with Paget Minerals Corp. to acquire the Ball Creek project, an early-stage exploration project in northwestern British Columbia considered prospective for copper-gold-molybdenum porphyry and epithermal gold-silver deposits. "The project is central to the Galore Creek and Schaft Creek deposits to the west and the Red Chris Mine to the northeast," said Evrim President and CEO Paddy Nicol. The Ball Creek porphyry...
Kennady Diamonds Inc. April 23 reported further diamond recovery results from the 2014 summer/fall drilling of the Kelvin kimberlite at its Kennady North diamond project, Northwest Territories. A 1.83-metric-ton sample from the Kelvin South Lobe averaged 3.64 carats per metric ton of diamonds greater than 0.85 millimeters. The four largest diamonds recovered from the Kelvin South Lobe sample are: 1.36 carat off-white, transparent, macle (twinned) with inclusions; 0.68 carat...
Alaska miners are taking U.S. Department of Interior Secretary Sally Jewell to task over recent comments she made that suggest mining is prolific on federal lands in Alaska. Following a speech to the Center for American Progress, a liberal think-tank based in Washington, D.C., Jewell told Alaska Public Radio Network Correspondent Liz Ruskin that "much" of mining in Alaska is done on federal lands. The Alaska Miners Association said this assertion contradicts what is actually...
