The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 10 of 10
Company sees Brandon Macdonald step down; position to be held by Peter Hemstead in interim. Fireweed Metals Corp. May 3 announced an abrupt change of management with the replacement of its former CEO and director, Brandon Macdonald, for Peter Hemstead, who has been appointed as the interim president and CEO. "On behalf of the board, I would like to thank Brandon for the role he has played in helping build Fireweed into one of Canada's leading base-metal exploration...
Agrees to sell Golden Zone, Amanita projects for up to $3.4 million in cash and Contango Ore shares. Avidian Gold Corp. May 2 announced that it has entered into a binding agreement to sell its Alaskan subsidiary, Avidian Gold Alaska Inc., to Contango ORE Inc. for US$2.4 million (C$3.3 million), plus a potential future payment of US$1 million (C$1.4 million) if Contango takes either of Avidian's Alaska assets to a production decision. "This transaction is a win-win,...
Company now expects to pour first gold in Q2 2025; is recalculating total development costs for mine. With mining falling slightly behind schedule, B2Gold Corp. now expects to pour the first gold at the Goose mine on its Back River project in Nunavut sometime during the second quarter of 2025, slightly behind the first quarter start originally anticipated. The company, however, also reports that its winter ice road project to deliver equipment, fuel, and supplies was a...
Northwest Alaska Native corporation disengages from proposed road; will continue to defend right to build future road to the Ambler Mining District. The Ambler Road suffered another setback with NANA Regional Corporation's decision to withdraw its involvement with the proposed 211-mile industrial access to the mineral-rich Ambler Mining District within the NANA region of Northwest Alaska. NANA, which owns lands within the Ambler District enriched with copper, cobalt, and...
Company reports grab samples up to 3% lithium oxide within a 1- by 1.5-km area at Cali. Li-FT Power Ltd. May 7 announced an update on the surface exploration program completed last year on the company's Cali lithium project, roughly six kilometers (3.7 miles) from the Howard's Pass access road and 50 kilometers (31 miles) northwest of the historical Cantung tungsten mine in Northwest Territories. In 2022, Li-FT gained full ownership of the Cali project in western NWT, near...
Early plans for 2024 include work at new property, throughout greater project; details on effects from possible merger by HighGold and Contango ORE. Onyx Gold Corp. May 9 announced that it has entered into an option agreement to acquire the WEAS property from Senoa Gold Corp.; claims contiguous with the company's King Tut project in Yukon's Tombstone Gold Belt. Spun out last year from properties previously held by HighGold Mining Inc., Onyx Gold holds 100% interest in four...
Plans for 1,200 meters at Catch and comprehensive work on newest copper discoveries. Cascadia Minerals Ltd. May 9 announced the first phase of its 2024 exploration program will include 1,200 meters of drilling and comprehensive property-wide prospecting, mapping, and soil sampling on the company's flagship Catch copper-gold project in Yukon, Canada, as well as inaugural exploration at others. Located in an underexplored part of southcentral Yukon, about 56 kilometers (35...
Company plans to conduct DHEM surveys to reassess, will now include monitoring for gold, silver, molybdenum. Gladiator Metals Corp. May 8 announced further assays from the ongoing 10,000-meter drill program at the company's Whitehorse Copper project in Yukon, Canada. Located in the backyard of Yukon's capital city, the Whitehorse Copper project is a 5,280-hectare (13,294 acres) copper-molybdenum-silver-gold skarn exploration project that covers a significant portion of what ha...
Early results from MLEM survey unveiling resource expansion targets at high-grade copper project. American West Metals Ltd. May 7 reported that preliminary results from a moving loop electromagnetic (MLEM) geophysical survey at Storm has identified new anomalies that indicate strong potential for resource expansion at this high-grade copper project in Nunavut. "The initial data from the Moving Loop Electromagnetic (MLEM) survey has been received and is highlighting new...
Less ore through the mill and lower grades impact production; Manh Choh remains on track for Q3. Kinross Gold Corp. May 7 reported that its Fort Knox Mine in Alaska produced 53,350 ounces of gold during the first quarter of 2024, which is a 37% drop from the 84,215 oz produced during the previous three-month period and 18% lower than the 65,387 oz produced during the first quarter of 2023. Due to the effects of cold weather on recoveries from the heap leach pad, a drop in...
