The mining newspaper for Alaska and Canada's North
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Garibaldi Resources Inc. Aug. 9 reported that drills have tapped the widest zone of nickel- and copper-rich massive sulfide ever encountered at its Nickel Mountain project about 18 kilometers (11 miles) southwest of the historic Eskay Creek Mine in the heart of British Columbia's Golden Triangle. "This season's drill program is our best start yet at Nickel Mountain at a time when nickel prices are hitting new multi-year highs," said Garibaldi Resources President and CEO Steve...
Alianza Minerals Ltd. has mobilized a drill for the second phase of its 2019 exploration program at Haldane, a high-grade silver property in Yukon's historic Keno Hill Mining District. "New targets generated during the 2018 field program remain as priority targets for drilling in our phase II program," said Alianza Minerals President and CEO Jason Weber. Located about 25 kilometers (16 miles) west of Keno City, Haldane was first recognized for its high-grade silver...
Apple is sourcing gold for its iPhones, iPads, Macs and other electronics from placer mining operations reclaiming fish habitat in Alaska, Yukon and British Columbia. There are hundreds of small and large placer mining operations actively producing gold in these late 19th century gold rush destinations. This provides placer miners an opportunity to apply modern gold mining techniques and equipment to recover gold left behind by their predecessors and restore fish habitat at...
Freegold Ventures Ltd. announced the start of a roughly 2,000-meter drill program at Shorty Creek, a porphyry gold-copper project about 75 miles northwest of Fairbanks. This drilling is being funded by a wholly owned subsidiary of South32 Ltd., which entered into an option agreement with Freegold Ventures to acquire 70 percent interest in Shorty Creek for US$30 million, less any money the Australia-based major invests in exploring the promising copper-gold-silver-tungsten...
GT Gold Corp. Aug. 12 announced that Paul Harbidge, former senior vice president of exploration for Goldcorp Inc., will be taking over as the president and CEO of GT Gold on Sept. 3. Harbidge's former company merged with Newmont in April and in May Newmont Goldcorp invested C$17.6 million to acquire a 9.9 percent stake in GT Gold shares. Funds from this investment are being used to expand Saddle North, a large porphyry gold-copper target on the Tatogga property in British...
StrikePoint Gold Inc. Aug. 13 announced the start of a second phase of drilling a Willoughby, a gold-silver project about seven kilometers (four miles) east of Ascot Resources Ltd.'s Red Mountain Mine project in British Columbia's Golden Triangle. StrikePoint acquired Willoughby earlier this year and began a phase 1 drill program on the property in July. This initial phase of drilling targeted the North zone, one of two zones drilled at Willoughby in the 1990s. Gold-silver...
Nova Minerals Ltd. Aug. 12 reported that the preliminary resource drill program at its Estelle gold project in Alaska has been completed on time and under budget. As a result of the acceleration of its induced polarization (IP) geophysical survey and drill campaign this year, Nova said it has made significant headway toward reporting an initial Australian Joint Ore Reserves Committee- (JORC) compliant for Oxide Korbel, a new occurrence in the Oxide area at the north end of the...