The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 8 of 8
Northern Dynasty Minerals Ltd. Aug. 11 reported that it is working toward the finalization of the design concept and necessary documentation to initiate permitting for its Pebble Mine project in Southwest Alaska. This work includes a field program to collect additional environmental baseline data for proposed infrastructure such as access routes, port and ferry landing sites with the objective of characterizing the existing conditions for engineering design and permitting...
With roughly US$5 million of exploration being carried out on its projects in Alaska, British Columbia and Mexico this year, Millrock Resources Inc. is beginning to reap the benefits of the upswing in the mining sector. "During the industry downturn, Millrock moved boldly to grow its property portfolio," said Millrock President and CEO Greg Beischer. "Now that metal prices and investor sentiment have improved, we are ramping up exploration efforts significantly." This ramp up...
K2 Gold Corp. Aug. 10 reported results from 11 holes drilled at the Wels Gold property near the Alaska border in western Yukon. Highlights from the drilling include 28.5 meters of 2.37 grams per metric ton gold in hole DDH17-06; and 12.5 meters of 5.08 g/t gold in DDH17-07. The company said this year's drilling has confirmed the presence of a shallow, well defined gold mineralized body starting at shallow depths, located within a broader halo of lower grade gold. The mineralization is hosted by a pervasive east-west trending...
Dolly Varden Silver Corp. Aug. 15 reported that drills have tapped a new zone with the potential to expand the Torbit deposit at the company's namesake project in the Golden Triangle of northwestern British Columbia. Intersected in hole DV17-058, this new zone of silver mineralization has all the mineralogical signatures of the Dolly Varden-Torbrit Horizon but is located in host rocks of the footwall of the Moose-Lamb Fault, whereas the Torbrit deposit is hosted in the...
Pretium Resources Inc. Aug. 10 reported a smooth ramp up of operations at it Brucejack gold mine in northwestern British Columbia. During commissioning in June and grade ramp-up in July a total of 25,392 ounces of gold were produced from low-grade stockpiles, development muck; plus ore introduced to the mill in July. Construction and mechanical commissioning at the mine is substantially finished, and the demobilization of construction and contract crews is nearly complete. The...
CopperBank Resources Corp. Aug. 14 announced plans to expand its 2017 drill program at the Pyramid copper-gold-molybdenum project on the Alaska Peninsula. The company had already expanded the originally planned 1,500-meter initial phase of drilling by adding a second rig. Following a site visit by CopperBank's technical team and consultants from SRK Consulting (Canada) Inc., the company has decided to add a second phase of drilling to the program. "There were a number of...
TMAC Resources Inc. Aug. 14 said its first drill program at the Boston deposit, located in the southern portion of its Hope Bay project in Nunavut, has cut high-grade gold mineralization over wide widths. "Since acquiring the Hope Bay Project in 2013, we have focused on Doris and patiently waited to initiate a major exploration campaign at Boston until we had the Doris mine in commercial production. Having achieved that effective June 1, we recommissioned the Boston camp located about 60 kilometers south of the Doris complex...
Alexco Resource Corp. Aug. 10 reported it has budgeted C$11.9 million for exploration and development expenditures ahead of a decision on resuming production at its Keno Hill silver mine in the Yukon. "Alexco is fully engaged on site operations and a plan to move steadily forward in preparation for a final production decision at Keno Hill," said Alexco Chairman and CEO Clynt Nauman. In March, the company published a preliminary economic assessment that outlines an operation at...
