The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 9 of 9
Blackwolf Copper and Gold Ltd. May 11 reported an update for the 2022 exploration on its Southeast Alaska projects, including a multi-phased exploration campaign at Niblack, a maiden drill program at Cantoo, and continued reconnaissance of the Texas Creek and Casey properties. "Blackwolf is looking forward to a year with numerous catalysts including discovery-focused exploration at our flagship, Niblack copper-gold-silver-zinc VMS deposit, and an upcoming, updated mineral reso...
FAIRBANKS, Alaska (May 10, 2022) – "We truly have a bright future for mining in the state if we are allowed to pursue it," was the message Alaska Gov. Mike Dunleavy delivered to the more than 250 people that gathered to celebrate the 10th anniversary of Alaska Mining Day. While commemorating the intrepid pioneers that first ventured North in pursuit of Alaska's rich mineral potential and celebrating the mining's current contributions to the state's economy, Dunleavy said t...
Kinross Gold Corp. May 10 reported that its Fort Knox Mine in Alaska produced 54,803 ounces of gold during the first quarter of 2022, which is nearly a 26% drop from the 73,830 oz produced during the previous quarter but only a 2% drop from the 55,815 oz produced during the first quarter of 2021. A drop in gold production during the first quarter at Fort Knox is an annual event that results from the often-subzero temperatures during the coldest winter days affecting gold recov...
Western Alaska Minerals Corp. May 5 announced that is has raised C$5 million (US$3.9 million) to fund its 2022 exploration program at the Illinois Creek project in Alaska, which is slated to get underway later this month. The more than 49,000-acre Illinois Creek Mining District property is home to the past-producing Illinois Creek Mine; Waterpump, a zinc- and silver-rich carbonate replacement deposit lies about four miles northeast of the Illinois Creek open pit; Honker, a...
Millrock Resources Inc. May 11 reported that Resolution Minerals Ltd. plans to complete roughly 2,200 meters of drilling in five holes at Tourmaline Ridge, a prospect on the 64North project that lies about 4,000 meters southwest of the 1.1-million-ounce Goodpaster deposit on Northern Star Resources Ltd.'s Pogo property. Under a deal signed at the end of 2019, Resolution has the option to earn up to a 60% joint venture interest in 64North, a roughly 160,000-acre land package...
With its Alaska Strategic Metals Complex on pace for completion in 2024, Ucore Rare Metals Inc. has launched a trenching and bulk sampling program at Bokan Mountain that will provide the information needed for a prefeasibility study that details the plan for a mine at the rare earths project in Southeast Alaska. Located on Prince of Wales Island, the Dotson Ridge deposit at Ucore's Bokan Mountain project hosts 4.79 million metric tons of indicated resource containing 31,722...
Banyan Gold Corp. May 10 reported strong near-surface gold mineralization from the first nine holes drilled during the 2022 exploration program at the Powerline deposit on the company's AurMac property in the Yukon. According to a resource calculated in 2020, AurMac hosts 52.58 million metric tons in the inferred resource category averaging 0.54 grams per metric ton (903,945 oz) gold in two deposits – Powerline and Airstrip. Powerline hosts 6.58 million metric tons of this i...
Fireweed Zinc Ltd. May 10 announced the staking of the Gayna River project in Northwest Territories, Canada, adding a prospective zinc-gallium-germanium-lead-silver project to its portfolio. "The acquisition of the Gayna River project by staking is a low-cost way for Fireweed to expand our portfolio of critical metals projects and add some exciting exploration potential," said Fireweed Zinc CEO Brandon Macdonald. "While our focus remains on our flagship Macmillan Pass...
Ascot Resources Ltd. May 9 announced an earlier than expected start to the 2022 exploration drill program at its Premier gold-silver mine project in British Columbia's Golden Triangle. "Given the high levels of snowfall early in the winter, we were pleasantly surprised by the mild weather in recent months and are excited to get an earlier start than last year on this season's exploration drilling program," said Ascot Resources President and CEO Derek White. Located on Nisga'a...
