The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 11 of 11
While many of its peers are struggling to find money to continue exploration at their promising mineral prospects and deposits, Constantine Metal Resources Ltd. has managed to forge ahead with hefty programs at its copper- and zinc-rich Palmer project in Southeast Alaska. This includes C$7.13 million invested in exploring the volcanogenic massive sulphide deposit in 2014. Last year's program, funded by Dowa Metals & Mining Co. Ltd., along with drilling completed at Palmer in...
Ucore Rare Metals Inc. May 11 reported a significant upgrade and expansion of the mineralized resources at the Dotson-Ridge deposit of its Bokan Mountain rare earths project in Southeast Alaska. The deposit now contains an estimated indicated resource of 4.79 million metric tons averaging 0.6 percent (63.54 million pounds) total rare earth oxides, a roughly 63 percent increase over the 2.94 million metric tons of indicated resource included in a 2013 estimate. Additionally, th...
Zazu Metals Corp. May 8 reported completion of the final tranche of a US$1,497,800 million non-brokered private placement financing. In a second tranche, Zazu sold more than 3.46 million common shares of the company at US20 cents each for gross proceeds of US$692,800. Zebra Holdings and Investments S.a.r.l., a company controlled by a trust settled by the late Adolf H. Lundin, purchased more than 2.16 million of these shares. Zebra, which previously owned or controlled...
Sumitomo Metal Mining Pogo May 7 reported to Alaska Department of Environmental Conservation that a ruptured line spilled roughly 90,000 gallons of paste backfill at the Pogo gold mine in Interior Alaska. The 8-inch line delivers paste backfill, a mixture of tailings and cement, into the underground mine for disposal. Once underground, the concrete created from the tailings fills mined-out areas, providing support for continued mining. The backfill material is reported to...
After six years of lackluster performance under the leadership of Sen. Harry Reid, D-Nev., Congress now appears poised to seize the initiative and rein in the U.S. Environmental Protection Agency's ambitious assertion of jurisdiction over the waters of the United States. The EPA has long used the Clean Water Act as a federal zoning tool and implicitly asserted jurisdiction over virtually everything that is wet, ever has been wet or ever will be wet. In Alaska, because...
Canada Minister of Natural Resources Greg Rickford May 11 commemorated the 19th National Mining Week, which ran from May 11 to 17. "National Mining Week is an opportunity to recognize Canada's international leadership and innovation in the mining sector and to underscore the importance of mining to communities across the country," he said. One of the largest mining nations in the world, Canada produces more than 60 minerals and metals. "Quite simply, mining matters to...
Seabridge Gold Inc. May 12 said the 2015 exploration program at its KSM Project in northwestern British Columbia is planned to begin with drilling at the lower elevations of the Mitchell valley and then proceed to Kerr and Iron Cap. Over the past two years, Seabridge has targeted higher grade core zones beneath KSM's near surface porphyry deposits, resulting in the discovery of Deep Kerr and the Iron Cap Lower Zone, two copper-rich deposits that have added nearly one billion...
Copper Fox Metals Inc. May 6 said the summer field program for the Schaft Creek copper-gold project in northwestern British Columbia is expected to start in early June. The Schaft Creek joint venture - 25 percent Copper Fox, 75 percent Teck Resources - is planning a 2,500-meter diamond drill program to test the depth of copper mineralization observed in veins on surface and in hydrothermal breccia at the LaCasse zone. Work on a comminution (grinding) study to determine power r...
Canada Zinc Metals Corp. May 12 outlined a 5,000-meter drill program that will focus primarily on its Cardiac Creek zinc-lead-silver deposit at its Akie project in northern British Columbia. Crews are to mobilize to the project early in June and drilling is expected to continue into September. A total of 126 holes (53,750 meters) have been drilled on the Akie property, 78 of which contribute to an NI 43-101-compliant resource estimate for the Cardiac Creek deposit. An...
Canadian Zinc Corp. May 5 reported that the first four drill holes of an ongoing underground drill program cut the high-grade zinc structure targeted at the Prairie Creek Mine in the Northwest Territories. The 6,000-meter drill program is testing for new areas of mineralization in proximity to the mine workings and aiming to convert a portion of the large inferred mineral resource at Prairie Creek to the indicated category for potential inclusion in an update of the...
While many of its peers are struggling to find money to continue exploration at their promising mineral prospects and deposits, Constantine Metal Resources Ltd. has managed to forge ahead with hefty programs at its copper- and zinc-rich Palmer project in Southeast Alaska. This includes C$7.13 million invested in exploring the volcanogenic massive sulphide deposit in 2014. Last year's program, funded by Dowa Metals & Mining Co. Ltd., along with drilling completed at Palmer in...
