The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 10 of 10
North Arrow Minerals Inc. July 17 announced it has staked yet another possible hardrock lithium-bearing spodumene pegmatite discovery in the MacKay Lake area of the Northwest Territories, roughly six kilometers (four miles) from its Lac de Gras diamond and now possible lithium project. Immediately adjacent to the winter road connecting Yellowknife with the Lac de Gras (LDG) diamond mines, the MacKay pegmatites were identified and staked by North Arrow in an area, much like...
Valhalla Metals Inc. July 19 announced the start of its 2023 exploration program at Sun, which is slated to include up to 4,000 meters of drilling focused on expanding the high-grade volcanogenic massive sulfide deposit on this property in Alaska's Ambler Mining District. "We are excited to get our drill program underway. The Sun deposit is ripe for expansion," said Valhalla Metals Chairman Rick Van Nieuwenhuyse. According to a 2018 calculation, Sun hosts 1.71 million metric...
Seabridge Gold Inc. July 18 announced the start of its first full drill program at the company's 3 Aces gold project in Yukon, Canada, which aims to complete 7,500 meters of drilling. Lying alongside the Nahanni Range Road, 3 Aces is a road-accessible project that covers 357 square kilometers (138 square miles) of high-grade gold discoveries and targets in southeastern Yukon. After acquiring the project in 2020, Seabridge has been refining its model and geological...
From the $37.5M Pentagon grant to a $5M loan from an Alaskan gold mining company, domestic graphite supply chain plan is broadly backed. From the U.S. Department of Defense and policymakers in Washington, DC, to private Alaska companies and the governor of the 49th State, Graphite One Inc. is receiving broad support as it pushes to establish an all-American supply chain that begins in Alaska and ends in the lithium batteries powering electric vehicles, military hardware, and...
Freegold Ventures Ltd. July 20 reported that holes testing the northwest boundaries of Dolphin-Cleary are continuing to hit gold along the margins of this 19.7-million-ounce gold deposit on the company's Golden Summit project about 25 miles north of Fairbanks, Alaska. So far, the company has outlined 407.54 million metric tons of open-pit mineable indicated resource averaging 0.92 grams per metric ton (12 million oz) gold, plus 282.3 million metric tons of open-pit mineable...
Canadian North Resources Inc. July 18 said its 21-hole spring drilling program has further confirmed the continuity of the main mineralized trend extending roughly 15 kilometers (nine miles) across its Ferguson Lake nickel-copper-cobalt-platinum group metal project in Nunavut's Kivalliq region. 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%...
Cascadia Minerals Ltd. July 19 announced the results from prospecting and various surveys from the first phase of its 2023 Phase 1 exploration program at the Catch property in Yukon, Canada, signaling a promising start for the newly reforged company. Formerly ATAC Resources, reformed as Cascadia Minerals after selling off its Rackla and Connaught properties to Hecla Mining Company, the previous gold, now multi-metals explorer held onto several of its past properties, which...
Snowline Gold Corp. July 18 announced the latest analytical results from the second and third holes drilled at the Rogue property in Canada's Yukon for its 2023 exploration season, causing the company to begin supporting the idea of its Valley target being a single, large, recoverable body of gold-rich rock. Found within the Selwyn Basin near Yukon's eastern border with Northwest Territories, Snowline's flagship property, Rogue, is an 11,227-hectare (27,743 acres) land...
Banyan Gold Corp. July 19 announced the results from the latest 25 drill holes from its ongoing 2023 exploration program at the company's AurMac property in Yukon, Canada, establishing that gold mineralization is continuous between Powerline and Aurex Hill – a goal Banyan has been pursuing for the past couple of years. "Confirmation that AurMac gold mineralization is continuous between Powerline and Aurex Hill was an important goal of our Phase 1 drill program," said Banyan G...
Northern Star Resources Ltd. July 19 reported that its Pogo Mine in Alaska produced 81,322 ounces of gold during the second quarter of calendar year 2023, the highest quarterly output in recent years. "Pogo delivered an exceptional June quarter with gold sales of 80,000 ounces, representing an annualized production rate in excess of 300,000 ounces per annum," Northern Star Resources Managing Director and CEO Stuart Tonkin said during a call with investors and analysts....
