The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 8 of 8
Mountain Province Diamonds Inc. July 13 reported an increase in diamond production at Gahcho Kué during the second quarter, putting the Northwest Territories mine on pace to reach at least the 6.3-million-carat lower end of the company's guidance for 2021. Gahcho Kué, which is owned by De Beers Canada Inc. (51%) and Mountain Province (49%), produced 1.76 million carats of diamonds during the second quarter, which is 14% higher than the second quarter of 2020 and a 27% jump o...
Hecla Mining Company July 13 reported that its Greens Creek Mine in Southeast Alaska produced 5.14 million ounces of silver and 25,377 oz of gold through the first half of 2021. This accounts for more than 73% of the 6.98 million oz of silver and nearly 23% of the 111,143 oz of gold produced at Hecla mines so far this year. During the second quarter, Greens Creek produced 2.56 million oz of silver and 12,859 oz of gold. The silver output is roughly par with the first quarter b...
Alianza Minerals Ltd. July 12 announced it has cut very high-grade silver mineralization at the West Fault target on its Haldane silver project in the Yukon's historic Keno Hill Mining District. Situated about 25 kilometers (16 miles) west of Keno City, the 8,579-hectare (21,200 acres) Haldane property hosts a historical mine that produced roughly 24.7 metric tons of hand-sorted ore averaging 3,102 grams per metric ton (99.7 ounces per metric ton) silver and 59% lead on the...
Victoria Gold Corp. July 12 reported that its Eagle Mine in the Yukon produced 32,140 ounces of gold during the second quarter of 2021. As a result, the recently established open pit mine and heap leach recovery operation produced 58,899 during the first half of this year, a 51% increase over the same period in 2020. Gold production at heap leach operations such as Eagle lags behind mining, crushing, and ore stacking. Additionally, gold recoveries at heap leach systems in...
Osisko Metals Inc. July 14 announced the start of a 13,000-meter summer-fall drill program at Pine Point focused largely on continued infill drilling to upgrade inferred resources outlined at this past-producing zinc project in Canada's Northwest Territories to the higher confidence indicated category. A preliminary economic assessment completed in mid-2020 outlines a mine at Pine Point that would produce an average of 327 million pounds of zinc and 143 million lb of lead annu...
Fury Gold Mines Ltd. July 14 announced the start of a roughly 5,000-meter drill program that will follow up on high-grade gold at the Raven prospect and test the resource expansion potential below the Three Bluffs deposit at its Committee Bay project in Nunavut. The 270,000-hectare (667,000 acres) Committee Bay property covers a gold enriched greenstone belt that extends for roughly 300 kilometers (180 miles) across Nunavut's Kitikmeot region. "Committee Bay represents a...
A new Australian company has entered the Alaska gold exploration scene with a deal to acquire Monte Cristo, a 125-square-mile (324 square kilometers) underexplored project in the Kahiltna Terrane area. Consisting of 500 state mining claims, Monte Cristo covers a 35-mile-long (55 kilometers) under-explored stretch of Southcentral Alaska east and south of two projects with multi-million-ounce gold resources – GoldMining Inc.'s Whistler gold-silver-copper project and Nova M...
Benchmark Metals Inc. plans to complete well above 100,000 meters of drilling at Lawyers, including more than 83,000 meters slated for upgrading and expanding the three gold-silver deposits defined so far on the road-accessible project in Northern British Columbia. According to a calculation published in May, the Cliff Creek, AGB, and Dukes Ridge deposits at Lawyers host 40.3 million metric tons of indicated resource averaging 1.19 grams per metric ton (1.55 million ounces)...
