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
The U.S. Bureau of Land Management May 8 announced that its Eastern Interior Field Office is considering a proposal to relinquish 709 acres of a National Oceanic and Atmospheric Administration land adjacent to Kinross Gold Corp.'s Fort Knox gold mine near Fairbanks. This land is a priority for acquisition by the state. In October, NOAA filed a notice of intent to relinquish this 709-acre parcel that lies about three miles northeast of NOAA's Fairbanks Command and Data Acquisition Station, commonly known as the Gilmore Creek...
Pebble Limited Partnership and the U.S. Environmental Protection Agency are on the cusp of reaching a settlement of the longstanding legal dispute over the federal agency's attempt to use Section 404 (c) of the Clean Water Act to place pre-emptive restrictions on permits needed to develop a mine at the Pebble copper-gold-molybdenum project in Southwest Alaska. The federal court where the lawsuit was being heard granted a stay of proceedings until May 4 to provide Pebble and...
Freegold Ventures Ltd. May 9 announced the start of an initial phase of 2017 drilling aimed at expanding the oxide gold resource at its Golden Summit project about 25 miles north of Fairbanks and about four miles north of Kinross Gold Corp.'s Fort Knox Mine. During this this phase-one program, the company plans to drill 20 to 25 shallow holes to the north of the current mineral resource where previous rotary air blast drilling has identified the potential for higher grade...
Sparked by the discovery of the White Gold district and fueled by investors' appetite for mining stocks, the Yukon experienced a modern era gold rush in 2007 that included nearly C$1 billion of exploration spending during over six years. This frenzied exploration turned up dozens of gold projects across the northern territory and now some of the world's biggest gold miners are cutting deals on the best of the discoveries made. Kinross Gold Corp. was the first of the major...
Kivalliq Energy Corp. May 8 said it has cut deals with Nunavut Tunngavik Inc., a group that oversees Inuit land claims in Nunavut, and Commander Resources Ltd. to acquire the Baffin Gold property, a 408,982-hectare (1 million acres) land package that blankets the Foxe Fold greenstone belt on Baffin Island, Nunavut. BHP-Billiton, Falconbridge, Commander Resources and AngloGold Ashanti completed more than C$25 million of exploration on this property over a decade starting in 2001. This work includes drilling 158 holes at four...
Darnley Bay Resources Ltd. May 3 reported assay results for the first hole of the winter 2017 drill program at the Pine Point zinc project near Hay River, Northwest Territories. The results have confirmed high-grade zinc and lead mineralization with good continuity. The company also identified high-grade gallium and germanium in this first hole. Drilled into the W85 deposit, hole W85-17-DBL-001 cut 50.5 meters averaging 9.03 percent zinc, 4.1 percent lead, 16.9 grams per metric ton germanium and 4.4 g/t gallium. As part of...
Alexco Resource Corp. May 7 said it is putting all the pieces in place to restart the Keno Hill silver mine in the Yukon. In March, the company published a preliminary economic assessment that outlines an operation at the re-opened Keno Hill Mine that would produce 25.1 million ounces of silver, 77.3 million pounds of zinc, 67 million lb of lead and 4,870 oz of gold over eight years. This PEA is centered on the Flame & Moth deposit at Keno Hill but includes ore from the Bermingham, Bellekeno, Lucky Queen and Onek deposit....
Contango Ore Inc. May 9 reported that 5,236 meters of drilling was completed in 47 holes during the initial phase of drilling at the Tetlin gold project near Tok, Alaska. Carried out by Peak Gold LLC, a joint venture between Contango Ore and an Alaska subsidiary of Royal Gold Inc., this program tested the boundaries of the North Peak deposit and an outlying prospect known as Blue Moon. "The phase 1 2017 drilling program finished up in early April 2017, consisting primarily of...
U.S. Environmental Protection Agency and the U.S. Army May 10 announced that they have sent a letter to governors today soliciting input from states on a new definition of protected waters that is in-line with a Supreme Court Justice Antonin Scalia’s opinion in the 2006 Rapanos vs. United States case. Scalia’s definition explains that federal oversight should extend to “relatively permanent” waters and wetlands with a “continuous surface connection” to large rivers and streams. The Clean Water Act asserts federal control ove...
