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
CopperBank Resources Corp. June 28 announced plans for expanding the summer drill program at its Pyramid copper-gold-molybdenum project on the Alaska Peninsula. This augmented program includes the addition of a second drill rig, which will allow the company to increase the drilling beyond the 1,500 meters originally planned. Pyramid hosts 122 million metric tons of inferred resource averaging 0.41 percent copper, 0.1 grams per metric ton gold and 0.021 percent molybdenum. While completed by a reputable engineering firm in...
After eight years of battling anti-mining policies being promulgated by the Obama Administration, the National Mining Association is cautiously optimistic about the positive change in the tone and substance of U.S. resource development policies since Donald Trump has moved into the White House. “The November election ushered in a surprisingly swift and dramatic change, particularly in the way people in Washington D.C. view natural resources,” NMA President and CEO Hal Quinn said during a June 28 keynote speech at the Res...
Year-round placer gold mining in Alaska will be possible starting this winter, at least virtually, if a Poland-based video game developer gets "Gold Rush: The Game" finished on schedule. Based on the wildly popular Discovery Channel show, "Gold Rush," this placer gold mining simulator is set in Alaska and includes four unique gold claim areas based around unique Alaskan inspired stories. The game features realistic looking machinery such as excavators, loaders, dozers and...
TerraX Minerals Inc. June 27 said it has begun exploring its expanded Yellowknife City Gold project, immediately adjacent to the city of Yellowknife, Northwest Territories. This includes preliminary work on Eastbelt, a 290 square-kilometer (112 square miles) property that triples the size of the Yellowknife project. "As a result of our continued drilling success, improving market conditions and the ease of access to exploration adjacent to a mining town we have tripled our land holdings at Yellowknife to over 418 square...
Rockhaven Resources Ltd. June 28 reported the start of a 16,000-meter drill program at its Klaza gold property in southern Yukon. In addition to drilling, the 2017 program will include geophysical surveys, soil geochemical sampling and metallurgical test work. Klaza hosts 9.42 million metric tons of inferred resource grading 4.48 grams per metric ton (1.36 million ounces) gold, 89.02 g/t (26.96 million oz) silver, 0.75 percent (155.4 million pounds) lead and 0.95 percent (197.8 million lb) zinc. This year's drilling will incl...
North Arrow Minerals Inc. June 28 announced the start of a C$3.2M exploration program at its Naujaat (formerly Qilalugaq) and Mel diamond projects in Nunavut. This work includes 4,500-meter drill program better delineate the kimberlite Q1-4 kimberlite at the Nujaat project, which is about nine kilometers (5.6 miles) from the Hamlet of Naujaat (Repulse Bay). Testing the area of the kimberlite from 200 to 300 meters below surface is the primary target for this program. "We are pleased that drilling is underway at the Naujaat pr...
Pretium Resources Inc. July 3 announced that commercial production has been reached at its Brucejack gold mine in northwestern British Columbia. During June, the plant at Brucejack processed 70,805 metric tons of ore, for an average of 2,360 metric tons per day. This is about 87.4 percent of the plant's monthly nameplate capacity. Pretium is considering July 1 as the first official day of commercial production as it meets the definition under a credit agreement with the...
IDM Mining Ltd. July 4 published results for another 17 underground holes drilled this year at Red Mountain and announced a second phase of drilling at its gold mine project near Stewart, British Columbia. The latest round of results is primarily from holes targeting the expansion of the current reserves. "Any additions to the reserves at Red Mountain, recently stated in our feasibility study, would be potentially highly accretive to our project economics," said IDM President and CEO Rob McLeod. Highlights from this drilling...
Trilogy Metals Inc. June 28 reported that the 2017 field program at Arctic and Bornite, two high-grade deposits that make up the larger Upper Kobuk Mineral Projects in Northwest Alaska, is now underway. The US$17.1 million program at UKMP includes 12,000 meters of expansion drilling at Bornite and the final field work needed to complete a prefeasibility study for Arctic. In April, South32 Ltd. signed an agreement to earn a 50 percent joint venture interest in UKMP by investing US$150 million. To keep this option in good...
