The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 8 of 8
Dolly Varden Silver Corp. May 7 announced the start of a 2021 exploration program that includes a planned 10,000 meters of drilling that will initially focus on upgrading and expanding the Torbrit silver deposit on its Dolly Varden project in Northern British Columbia. Located about 25 miles (40 kilometers) southeast of Stewart, the roughly 8,800-hectare (21,745 acres) Dolly Varden property covers four historic mines that produced more than 19 million ounces of silver over fou...
After raising C$3.5 million in May, Tectonic Metals Inc. is gearing up for the start of its 2021 exploration in Alaska, which will be anchored by oriented core drill programs at its Tibbs and Seventymile gold projects. "It's time! The old saying, 'If you're not drilling, you're not finding gold' could not be more fitting right now for Tectonic," said Tectonic Metals President and CEO Tony Reda. "Our recent capital raise brought in additional sophisticated shareholders to...
Nighthawk Gold Corp. May 8 reported the first batch of results from a planned 75,000-meter drill program at its Indin Lake gold property in Canada's Northwest Territories. This enormous 2021 drill campaign has been divided into two parts, with the roughly 45,000-meter initial phase focused primarily on resource expansion targets at Colomac, the most advanced project at Indin Lake. According to a calculation completed earlier this year, Indin Lake hosts 38.7 million metric...
Nova Minerals Ltd. June 8 reported strong gold mineralization encountered during infill drilling at the Korbel Main deposit at the company's Estelle gold property in Southcentral Alaska. Situated about 100 miles (160 kilometers) northwest of Anchorage, Alaska's largest city, Estelle blankets 85 square miles (220 square kilometers) of gold-rich geology. While more than a dozen targets have been identified across the 18-mile- (29 kilometers) length of Estelle, Nova is currently...
Blackwolf Copper and Gold Ltd. June 10 reported that it has staked mining claims over numerous historic, high-grade gold-silver prospects and mines in Southeast Alaska. Situated near the mining towns of Hyder, Alaska and Stewart, British Columbia, these properties – Texas Creek and Cantoo – are immediately west of the Premier gold project and south of past-producing Scottie gold and Granduc copper mines in BC's famed Golden Triangle. According to Blackwolf, very limited mod...
Newcrest Mining Ltd. and Imperial Metals Corp. June 9 reported additional higher-grade mineralization in the newly discovered East Ridge zone at the Red Chris copper-gold mine in Northern British Columbia. Since Newcrest acquired a 70% interest in Red Chris in the fall of 2019, the joint venture partners have completed more than 136,631 meters of drilling at the project, much of which has tested discovery targets outside of the resource. According to the new Australian Joint...
Cassiar Gold Corp. June 8 announced the start of a 15,000-meter drill program at its Cassiar Gold project in British Columbia's Golden Triangle. Roughly 12,000 meters of this drilling will test high-grade gold targets in the Cassiar South section of the 56,000-hectare (138,380 acres) property and 3,000 meters testing the lower grade bulk tonnage Taurus at Cassiar North. Taurus hosts 21.8 million metric tons of inferred resource averaging 1.43 grams per metric ton (1 million...
Ucore Rare Metals Inc. believes the Biden administration's newly announced strategy to strengthen America's supply chains aligns with its own vision to disrupt China's dominance of the rare earth elements supply chain in the United States. "We are very pleased with the White House's concern for REEs and its efforts to spur the domestic production of critical materials," said Ucore Rare Metals Chairman and CEO Pat Ryan. Based on the feedback from a 100-day American supply...