The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 5 of 5
Golden Predator Mining Corp. May 30 reported results from 16 holes drilled at the Spades zone of its 3 Aces gold project in southeastern Yukon. So far, the company has identified five veins - Ace, Queen, Jack, Seven and Three - across a roughly 800-meter-long area. The latest results include the highest-grade drill intercept received to-date on the Ace of Spades vein. This hole, 3A17-098, cut 39.63 meters averaging 13.26 grams per ton gold from a depth of 9.14 meters, including 3.05 meters averaging 124.64 g/t (4.04 ounce...
Buried deep in a US$1.1 trillion spending bill that funds the United States government through the end of September is around US$20 million that could bolster Ucore Rare Metals' strategy to recover rare earth elements from non-traditional sources in the United States and clean up waste from historic uranium mining on the company's Bokan Mountain property in Alaska. "The U.S. government's dedication of over US$20 million in 2017 to projects which are directly aligned with...
If there is anyone still on the fence wondering if the minerals industry has started a recovery from the doldrums of the past four years, this month’s mineral industry activity in Alaska should settle the question with authority. During the past month, we have seen two merger/acquisitions occur, one by Solitario Exploration & Royalty Corp., which acquired Zazu Metals Corp. and its interest in the Lik lead-zinc-silver deposit. Then we also had Coventry Resources acquire V...
Ascot Resources Ltd. May 25 published from the first 44 holes of its 2017 drill program at Premier, a gold-silver project near Stewart British Columbia that includes the historical Premier Mine. Many of these initial holes were drilled at Northern Lights, a zone that was largely unrecognized until preliminary drill testing by Ascot in 2016. Highlights from drilling at Northern Lights include 12.13 meters of 10.4 grams per metric ton gold in hole P17-1242; and 7.5 meters of 9 g/t gold in P17-1267. Ascot said current drilling s...
AuRico Metals Inc. May 29 published results from a preliminary economic assessment that indicates positive economics of developing a mine at Kemess East, one of several gold-copper deposits on its Kemess project in northern British Columbia. Last year, AuRico published a feasibility study that outlined plans to develop of a low-cost panel caving operation at Kemess Underground, a deeper deposit about 1,000 meters west of Kemess East, and the company is planning a feasibility study that considers a feasibility study that...
