The mining newspaper for Alaska and Canada's North
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Independence Gold Corp. May 20 reported plans to complete a C$1.8 million drill program at its Boulevard and Henderson gold projects located in the White Gold district of Yukon Territory. The programs, consisting of roughly 2,350 meters of reverse circulation and 800 meters of core drilling, are expected to begin in mid-June. The company plans to test the Denali and the Sunset zones at Boulevard with reverse circulation drilling. The Denali zone is located about 14 kilometers...
Sabina Gold & Silver Corp. May 21 reported the completion of a feasibility study for its Back River gold project in Nunavut. The study, led by JDS Energy & Mining Inc., outlines a 6,000-metric-ton-per-day mill producing an average of around 346,000 ounces of gold annually over a 10-year mine life. The ore would come from a combination of open pit and underground mining, with the bulk of the material coming from the open pit. The mine outlined in the study is expected to mill...
Redstar Gold Corp. May 21 reported that all eight holes of a 1,500-meter phase-1 drill program successfully encountered Shumagin-style vein mineralization at expected depths at the company's Unga gold project on the Alaska Peninsula. The 30-day, phase-1 program was designed to target various structural elevations of the Shumagin vein system, ranging from sea level to 140 meters below sea level; and test for continuity of existing known mineralization along strike about 100...
I recently returned from the Geological Society of Nevada's once-every-five-years Symposium in Reno and was surprised to learn a number of things regarding Alaska, despite the symposium's tight focus on the Great Basin of the western United States. First off, mineral exploration guru Brent Cook presented information suggesting we have reached and are "bumping along" the bottom of the current metals market slump. Reminded me of an overloaded fixed-wing aircraft bumping down the...
With a significant deposit of heavy rare earths in the Southeast, the largest domestic graphite deposit in the Northwest, and vast potential in the 1,300-mile expanse between the two, Alaska is a viable alternative to importing many of the strategic and critical minerals vital to national security, green energy and modern technology. "The State of Alaska is blessed with vast mineral potential on its lands," Alaska Department of Natural Resources Deputy Commissioner Ed Fogels t...