The mining newspaper for Alaska and Canada's North
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Luckystrike Resources Ltd. May 13 announced it is gearing up for its 2019 drill program at the Lucky Strike property in Yukon's White Gold District. The program will focus on expanding on discovery hole DDLS-18-06, which cut 7.6 meters averaging 4.55 g/t gold in an unoxidized lower zone at the Monte Carlo zone at Lucky Strike that had not previously been tapped with drilling. In addition to the lower zone, hole 18-06 cut 8.3 meters averaging 1.16 g/t gold in an upper zone....
Klondike Gold Corp. May 16 announced the start of a C$2 million exploration program on its Klondike District property, 563-square-kilometer (217 square miles) land package that covers the hills above the legendary Yukon creeks that have produced more than 20 million ounces of placer gold since 1898. Klondike's 2019 is slated to include approximately 6,000 meters of drilling at the Lone Star, Gay Gulch and Nugget zones; collection of 2,000 soil samples in the area of the...
Golden Predator Mining Corp. May 13 announces that it has resumed the processing of bulk sample material from 3 Aces, a high-grade gold project in southeastern Yukon. The company systematically excavated roughly 9,800 metric tons of material in 2018 from a series of two-meter benches in the Spades Zone at 3 Aces. Though Golden Predator has completed tightly spaced drilling at the Spades zone, the company says bulk sampling has exposed previously unknown vein orientations and...
North Arrow Minerals Inc. May 13 announced it has begun the engineering and cost analysis for a small-scale mobile diamond recovery plant to process bulk samples from its Naujaat project about nine kilometers (5.6 miles) from the coastal community of Naujaat, Nunavut. The property hosts at least eight kimberlite pipes. Q1-4 kimberlite is the largest and richest of the kimberlites discovered so and has been the focus of North Arrow's work since acquiring Naujaat (then known as...
Tectonic Metals Inc. plans to leverage Alaska's underexplored gold potential to create "the number one mineral exploration company in the world." While this is a lofty goal, Tectonic Metals is led by an executive team that is renowned for the mineral exploration, mining and business skills required to achieve the company's vision. Tony Reda, former vice president of corporate development of Kaminak Gold Corp., is the president and CEO of Tectonic Metals. He is joined by Eira T...
It is somewhat ironic that the lithium-ion batteries that power the growing number of zero emissions electric vehicles traveling global highways are driving the need for carbon – graphitic carbon to be exact. Despite lithium's top billing, lithium-ion batteries require roughly eight times more graphite. Graphite Creek in western Alaska hosts huge stores of graphitic carbon and Graphite One Inc., the company advancing this project, has initiated a pilot-scale program aimed a...
Iliamna Natives Ltd. (INL) May 15 is pleased to announce that it has reached an agreement with Pebble Limited Partnership to provide transportation corridor access on INL lands to support the operation and construction of the proposed Pebble copper-gold-molybdenum mine in Southwest Alaska. The Alaska Native Claims Settlement Act (ANCSA) corporation for the Village of Iliamna said this long-term agreement is a commitment to advance the Pebble project in a technically feasible,...
Contango ORE Inc. May 13 said the Peak Gold joint venture will carry out a US$6.9 million exploration program at the Peak Gold property near Tok, Alaska. At the same time, the project partners – Contango ORE (60 percent) and Royal Gold Inc. (40 percent) – are continuing negotiations for the sale of Peak to a mining company that will advance development of the high-grade gold deposits found there. Two adjacent skarn deposits at Peak Gold – Main Peak and North Peak – host 9....
Freegold Ventures Ltd. May 15 announced the start of a US$2.2 million exploration program focused on testing the wider copper-gold potential at its Shorty Creek property in Alaska's Interior. This exploration is being funded by South32 Ltd., an Australia-based mining company that has agreed to invest up to US$10 million into exploration at Shorty Creek. Freegold Ventures identified the potential for porphyry-style copper-gold mineralization at Shorty Creek in 2014, which was...