The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 7 of 7
Fortune Minerals Ltd. Aug. 10 announced it is gearing up for an exploration program focused on gold targets on its Nico cobalt-gold-bismuth-copper project in Northwest Territories. A 2014 feasibility study for Nico detailed plans for a 4,650-metric-ton-per-day operation that would produce an average of 1,615 metric tons of battery-grade cobalt; 41,300 ounces of gold; 1,750 metric tons of bismuth; and 265 metric tons of copper annually over a 20-year mine life. This feasibility...
Coeur Mining Inc. has made major investments in exploration at its Kensington gold mine in Alaska and Silvertip mine project in British Columbia during the first half of 2020, and the company plans to continue robust drilling focused on expanding high-grade targets at these two northern assets through the balance of 2020. These robust programs at Kensington and Silvertip are parts of the largest exploration campaign in Coeur's history. During the first six months of 2020,...
GT Gold Corp. Aug. 10 reported that drills are now turning on the company's Tatogga gold-copper-silver property in northwestern British Columbia, Canada. After postponing the start of its 2020 Tatogga exploration program due to COVID-19, on Aug. 6 the company began a 10,000-meter drill campaign that will initially target Quash Pass, a promising copper-gold-silver target about seven kilometers (4.3 miles) southwest of the Saddle North porphyry copper-gold deposit on the...
Barrick Gold Corp. President and CEO Mark Bristow believes Donlin Gold is "a very valuable asset" that is both blessed and challenged by its location. "If you look at Donlin compared to some of the other assets in our portfolio, it's a pure gold play, it's in a mining-friendly jurisdiction, it's just in a very challenging geographical setting," he said during Barrick Gold's second quarter webinar on Aug. 10. Barrick and its executive office have recently been more candid about... Full story
British Columbia has committed to invest up to C$1.575 million (US$1.2 million) for site preparation and studies to support early reclamation work at Tulsequah Chief, a historical mine site in western British Columbia that has been seeping acidic metal-laden water since the mine closed in 1957. This legacy acid rock drainage – which was reaching the Tulsequah River, a tributary of the Taku River that flows into the Lynn Canal near Juneau – has been a concern for First Nat...
Constantine Metal Resources Ltd. Aug. 13 has identified a potential source area for the historical Porcupine gold placer mining operation located on its Palmer property in Southeast Alaska. Constantine has traditionally focused its exploration efforts on the discovery and expansion of volcanogenic massive sulfide deposits rich in a wide variety of base and precious metals. This work has outlined 4.68 million metric tons of indicated resource averaging 5.23% zinc, 1.49%...
Northern Star Resources Ltd. Aug. 13 reported that its Pogo Mine in Alaska now hosts 6.7 million ounces of gold in 21.25 million metric tons of resources averaging 9.8 grams per metric ton gold, a 13% increase over last year and the largest gold inventory in Pogo's history. The Australia-based gold miner says the increased gold at Pogo is despite only 62% of the budgeted drilling being achieved in the company's fiscal year 2020, which ended on June 30. "At Pogo, the...
