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
Brixton Metals Corp. Aug. 7 said it has entered into a series of asset purchase and sale agreements to acquire a 100 percent interest in 29,608 hectares (73,162 acres) of mineral rights in the Atlin area of northwestern British Columbia, which expands its Atlin Gold property to 979 square kilometers (378 square miles. This enormous property extending east from Atlin blankets an area that has produced more than 600,000 ounces of placer gold. Brixton will acquire the claims...
Nighthawk Gold Corp. Aug. 8 reported that 11 recently completed holes at Grizzly Bear – one of five deposits that make up the Colomac gold project on the company's Indin Lake property in Northwest Territories – cut gold mineralization. Grizzly Bear is located roughly 4,000 meters south-southwest of Colomac high-grade Zone 1.5, and 600 meters south of the Colomac airstrip. Prior to 2017, Nighthawk had not drilled the deposit, however historical drill results were reported as...
White Gold Corp. Aug. 9 said initial results from the resource expansion and exploration program on its White Gold property in the Yukon have returned some of the strongest and most consistent mineralization intercepts drilled to date on the Golden Saddle deposit. A resource calculated earlier this year for the White Gold property outlines 12.32 million metric tons of indicated resource averaging 2.43 grams per metric ton gold (961,000 ounces) gold; plus 5.16 million metric...
Hecla Mining Company Aug. 7 reported that drilling in the second quarter and strong assay results received from drilling in the first quarter have upgraded and expanded the Deep 200 South, Gallagher, East Ore, Upper Plate and Southwest Bench zone resources at its Greens Creek Mine in Southeast Alaska. Drilling has extended the Deep 200 South Zone, especially to the south. One hole drilled in the southern portion of Deep 200 South cut eight feet (2.4 meters) averaging 101.4...
GT Gold Corp. Aug. 8 reported that the initial results from the 2018 program at Saddle South have returned high-grade gold to the east and west of this exciting discovery made by the company in 2017. In addition to extending Saddle South along strike, one hole has discovered a deeper high-grade trend to the south. "We are very pleased with the early success of the drill program at Saddle South this season. All holes have hit mineralization as we step out to the east and west,...
Millrock Resources Inc. Aug. 9 announced it has sold its three gold-copper exploration projects in the Golden Triangle region of northwestern British Columbia – Oweegee Dome, Willoughby and Todd Creek – to Sojourn Exploration Inc. Previous option agreements under which Sojourn was to earn an interest in two of the properties – Oweegee Dome and Willoughby – have been terminated. Instead, Sojourn will issue Millrock 7.82 million shares to buy the properties outright, which w...
Aben Resources Ltd. Aug. 9 said the first 2018 hole drilled at its Forrest Kerr property in British Columbia's Golden Triangle cut multiple zones of high-grade gold Collared in the North Boundary zone, where drilling late in the 2017 season discovered strong precious and base metal mineralization, hole FK18-10, cut four high-grade zones: 13 meters of 3.9 grams per metric ton gold, 4 g/t silver and 0.62 percent copper from 61 meters; 4 meters of 22 g/t gold, 22.4 g/t silver...
HEALY: Hundreds of friends, family and colleagues arrived at Usibelli Coal Mine Inc.'s Healy operation to celebrate the 75th anniversary of the longest lived large mining operation in Alaska – an event that highlighted the coal company's pioneering past, current growth and bright future. During a speech to kick off the celebration, Usibelli Coal President Joe Usibelli, Jr. said the Healy operation is currently delivering roughly 1 million tons of coal per year to five power p...
Graphite One Resources Inc. Aug. 7 announced the start of a field program to a pre-feasibility study for the company's Graphite Creek deposit about 37 miles north of Nome, Alaska. A resource estimate calculated early in 2017 outlines 744,000 metric tons of graphite in 10.32 million metric tons of indicated resource grading 7.2 percent graphitic carbon; plus 4.7 million metric tons of graphite in 71.24 million metric tons of inferred resource averaging 7 percent graphitic...
White Rock Minerals Ltd. Aug. 6 reported that drilling has tapped massive sulfide mineralization at the recently discovered Hunter prospect on the company's Red Mountain project about 60 miles south of Fairbanks, Alaska. Hunter was discovered during a reconnaissance exploration program that has already identified several new volcanogenic massive sulfide prospects across White Rock's 35,300-acre Red Mountain property. While mapping and sampling of this area about 5,200 meters s...
