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
Many were skeptical of Ucore Rare Metals Inc.’s claims that it had identified a technology that would revolutionize the way the notoriously tightly interlocked rare earth elements are separated. Less than two years later, however, the mineral explorer turned innovator has quieted some of this doubt by separating the most critical rare earth – dysprosium – from a solution derived from its Bokan Mountain REE project in Southeast Alaska. Ucore achieved this feat with the help...
Contango Ore Inc. Aug. 16 provided another round of drill results from the second phase of 2016 drilling at the Tetlin project near the crossroads town of Tok in eastern Alaska. The results, from 13 holes drilled in the North Peak and Connector zones, include the best intercept ever encountered at Tetlin when you consider the very high gold grade encountered over long lengths. TET16210, the last hole of the 2016 phase-1 program, carried out during the winter months, tested an...
Coventry Resources Ltd. Aug. 17 provided an update on its exploration of the high-grade Caribou Dome copper project in Southcentral Alaska. The company said mechanical issues it experienced with one of the two drills on site have been resolved, and nine holes were completed for 3,934 meters. This includes four holes drilled since the end of July that all cut copper mineralization. Coventry is very encouraged by two zones of copper-rich massive sulfide mineralization cut in...
According to legend, in 333 BC, while on his way to conquer the Persian Empire, Alexander the Great stopped at Gordion, where he learned about a special wagon that had its pole tied to the wagon body with an intricate knot. A prophecy had foretold that whoever could unfasten the knot would go on to rule over Asia. Alexander tried to unfasten the knot, but when he was unable to do so, he drew his sword and cut right through it. As a bit of a political junkie, I track the pundit...
Golden Predator Mining Corp. Aug. 15 reported the discovery of visible gold mineralization in the newly identified Jack of Spades quartz vein at its 3 Aces project in southeastern Yukon. This is the first discovery arising from the company's phase 2 exploration program that began Aug. 3. The newly discovered Jack of Spades vein is 2.5-meters thick and is located 100 meters east of the Sleeping Giant vein, renamed the Ace of Spades vein, and 1,100 meters east-northeast of the...
Goldstrike Resources Ltd. Aug. 16 reported abundant visible gold in the first 2016 drill hole at the Goldstack zone of its Plateau property in the Yukon Territory. The Goldstack discovery hole, drilled last year, cut 17.5 meters averaging 13.5 grams per metric ton gold. The first hole of this season, PSGS16-01, was drilled 15 meters north-northeast of the discovery hole, PSGS15-01, to further delineate the dimensions and orientation of the Goldstack zone. It intersected two...
Alexco Resource Corp. Aug. 10 reported plans to expand its 2016 summer drill program at the Bermingham deposit at its Keno Hill Silver District to 14,000 meters. The company originally planned to drill 8,000 meters but has now added 6,000 meters to follow up on high-grade silver results identified at Bermingham over the past couple of years. The expanded exploration program is budgeted to cost C$3.3 million and is primarily funded with C$3 million in flow-through funds raised...
IDM Mining Ltd. Aug. 16 posted results from the first four underground core holes completed this year at its Red Mountain gold project near Stewart, B. C. The initial phase of 2016 exploration at Red Mountain includes infill and step-out drilling from the current resource, as well as collecting material for metallurgical, geotechnical and hydrological testing. Highlights from the first four holes, all drilled in the Marc zone, include: 20.66 meters averaging 6.48 grams per...
Seabridge Gold Inc. Aug. 15 said it has begun a 3,000-meter drill program at its newly acquired Iskut gold project in northwestern British Columbia. This initial phase of drilling is designed to help determine controls on gold mineralization for several known occurrences including past high-grade producers. "In our view, Iskut could host extensive district-scale porphyry-style mineral systems similar to our nearby KSM project. However, at Iskut, unlike at KSM, these systems...
Skeena Resources Ltd. Aug. 9 signed a definitive agreement to acquire Mount Rainey Silver Inc., a private company that owns the 46 mineral claims covering the past-producing, underground Prosperity-Porter Idaho-Silverado silver property in the Golden Triangle of northwest British Columbia. The Porter Idaho project has two known silver-bearing vein systems about 2,000 meters apart on opposite sides of Mount Rainey with a surface portion of the intervening terrain masked by the...
