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
Northwest Alaska mine heads into second half of the year on track to hit Teck's upper guidance for zinc and lead. Teck Resources Ltd. July 23 reported that its Red Dog mine in Northwest Alaska produced 284,700 metric tons (627.6 million pounds) of zinc and 54,300 metric tons (119.7million lb) of lead over the first six months of 2024, which puts the Northwest Alaska operation on pace to hit the upper end of the metals production guidance established by Teck in February....
Northern Dynasty receives final installment of second $12M tranche, supporting advancement of the Pebble project amidst legal challenges. Northern Dynasty Minerals Ltd. July 25 announced the receipt of a remaining $10 million payment, completing the second tranche of a $60 million royalty agreement to support the advancement of the Pebble project in Southwest Alaska. Toward the end of July 2022, Northern Dynasty was pleasantly surprised by a $60 million investment from an unna...
Drills tap substantial mineralization; "We've just caught the tip of the iceberg at Catch." Cascadia Minerals Ltd. July 22 announced results from its 2024 phase-one diamond drill program at the Catch property in the Yukon, revealing that a strategic 315-meter step-out from the original discovery hole successfully intersected high-grade copper over substantial widths, underscoring the potential size and strength of the mineral system. Located in an underexplored part of...
Government reports new strategies and increased monitoring at its fourth technical briefing following Eagle heap leach failure. The Yukon government July 19 announced a fourth technical briefing, led by Minister of Energy, Mines, and Resources John Streicker, to update Yukoners on the regulatory oversight and collaborative efforts at Victoria Gold's Eagle Gold Mine following the heap leach failure. In the weeks following the collapse of the heap leach pad at Eagle Mine,...
Northern Star's Alaska mine outperforms on all fronts. Northern Star Resources Ltd. July 25 reported that its Pogo Mine in Alaska produced a record 92,078 ounces of gold during the second quarter of calendar year 2024, a 13% increase over the 81,322 oz produced during the same period last year and an enormous 58% climb from the 58,432 oz recovered during the previous quarter. "Pogo in Alaska delivered an exceptional quarter," Northern Star Managing Director and CEO Stuart...
Company drills mineralization similar to past hundreds-of-meters-long results; grade and footprint surpass recent resource estimate. Snowline Gold Corp. July 24 announced that the first 2024 holes drilled at the Valley deposit in Yukon not only returned extensive mineralized intervals reminiscent of past 400- to 500-meter results but have also outperformed the initial resource estimate recently reported. "We are encouraged by such a strong start to our 2024 exploration...
Strong copper mineralization observed in nine holes indicates the potential to elevate prospect to deposit. American West Metals Ltd. July 24 announced that visual copper mineralization cut by all nine holes drilled so far this year at Thunder provides compelling evidence that this prospect will soon be elevated to another deposit that contributes to the resources at the high-grade Storm Copper project in Nunavut. According to a calculation completed in January, four deposits...
Final assays from the 2023 program are expected to upgrade rare earth resources ahead of scoping study; new CEO leads the company forward. Vital Metals Ltd. July 23 reported that final results from its 2023 drill program continue to demonstrate the world-class rare earths potential of the Tardiff deposit on the company's Nechalacho project about 100 kilometers (60 miles) southeast of Yellowknife, Northwest Territories. According to a calculation completed in April, the...
Freegold cuts strong gold mineralization in first 2024 holes drilled west of Dolphin-Cleary deposit. Freegold Ventures Ltd. July 22 reported bonanza-grade gold intercepts in the first two holes of a 2024 drill program testing a large expansion area west of the 20-million-ounce Dolphin-Cleary gold deposit at its Golden Summit project about 25 miles north of Fairbanks, Alaska. According to an early 2023 calculation, the Dolphin-Cleary deposit hosts 407.54 million metric tons of...
