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
White Gold Corp. June 15 outlined its 2023 exploration programs at properties within the company's namesake gold exploration district in Canada's Yukon. "We are excited to kick off our 2023 exploration programs in the White Gold District," said White Gold Vice President of Exploration Terry Brace. The company holds roughly 350,000 hectares (865,000 acres) of highly prospective land or roughly 40% of the White Gold District. Located approximately 95 kilometers (59 miles) south...
With financing in place to fund its 30% share of development expenses at Manh Choh and Kinross Gold Corp. on track to have that eastern Alaska mine pouring its first gold bar next year, Contango ORE Inc. is focused on pushing ahead a second gold-producing asset at the historic Lucky Shot project. Located 112 road miles (180 kilometers) north of Anchorage, Alaska, Lucky Shot encompasses three pre-World War II era underground mines – Colman, Lucky Shot, and War Baby – that pro...
Fireweed announces MRE for tungsten that could supply North America for decades. Acquiring the Mactung tungsten project from the Northwest Territories government for C$15 million last year, Fireweed quickly consolidated previous data and new assessments to release a mineral resource estimate that ranks this property as the largest high-grade tungsten resource in the world. "In one year, we have gone from signing an initial letter of intent to a definitive asset purchase...
Canadian North Resources Inc. June 15 announced that it has resumed the 20,000-meter drill program slated for this year at Ferguson Lake, a critical mineral project in Nunavut enriched with nickel, copper, cobalt, and platinum group metals. According to a 2022 calculation, Ferguson Lake hosts 24.3 million metric tons of indicated resource averaging 0.85% (455.4 million pounds) copper, 0.6% (296.3 million lb) nickel, 0.07% (37.5 million lb) cobalt, 1.38 grams per metric ton...
PolarX Ltd. June 13 announced a massive increase in the quantities of copper and silver contained within the Caribou Dome deposit on its Alaska Range project. According to the updated resource estimate, Caribou Dome now hosts 7.2 million metric tons of measured, indicated, and inferred resources averaging 3.1% (224,375 metric tons) copper and 6.5 grams per metric ton (1.5 million oz) silver. This is 2.6 times the contained copper than in a 2017 resource estimate and is the fir...
Li-FT Power Ltd. June 14 reported that the first six holes of its 2023 program at the Yellowknife Lithium project in Northwest Territories have all cut spodumene-bearing pegmatite at Fi Southwest, one of seven pegmatite dykes on the docket to be tested with a 45,000-meter drill program planned for this year. Li-FT's 141,572-hectare (349,832 acres) Yellowknife Lithium project consists of 11 properties covering some of the most prospective lithium targets found within the...
Graphite One Inc. June 13 announced that it is acquiring a 1% net smelter production royalty interest against 133 state mining claims that make up a portion of the company's Graphite Creek project in Alaska. In exchange for the royalty, Graphite One will issue Alaska pilot and explorer Ronald Sheardown 456,500 company shares. "This purchase of a 1% NSR brings our total purchases to 3% NSR," said Graphite One CEO Anthony Huston. "We anticipate the purchase of the NSR will have...
North Arrow Minerals Inc. June 13 announced the start of its 2023 exploration field program at the company's DeStaffany lithium project in Northwest Territories, Canada. Located on the shore of the Great Slave Lake, approximately 115 kilometers (71 miles) east of Yellowknife, NWT, the DeStaffany lithium project is already known to host two lithium-tantalum-niobium pegmatites – Moose 1 and 2. More details on DeStaffany and the Moose pegmatites, as well as additional lithium e...
Snowline Gold Corp. June 9 announced the staking of an additional 40,000 hectares (98,842 acres) of nearly all the remaining open ground over the Rogue Plutonic Complex, the broad geological feature responsible for gold mineralization at the company's flagship Rogue project's Valley discovery, expanding the property by roughly 80%. "We know from our 2022 drill results at Valley that the Rogue Plutonic Complex has the necessary geological ingredients to produce a significant...
