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
Freegold Ventures Ltd. is testing the idea that a large and previously unrecognized porphyry deposit could lie beneath its Shorty Creek property in the Livengood Mining District of Interior Alaska. Earlier this month, the exploration company raised C$1.35 million to fund a 3,000- meter drill program that could provide definitive evidence that various zones of copper, gold and molybdenum found across the 26,000-acre Shorty Creek land package are actually pieces of one porphyry...
Ucore Rare Metals Inc. Aug. 17 reported that a second high-net-worth US-based investor has agreed to purchase a royalty on the sale of products and services related to the processing of rare earth elements and other specialty metals and critical materials with SuperLig Molecular Recognition Technology. Ucore and Utah-based IBC Advanced Technologies formed a joint venture to develop this new method of separating rare earths using molecular recognition technology, a process desi...
Goldrich Mining Co. Aug. 17 reported that placer gold operations at the Chandalar project in northern Alaska are expected to start this month. Overburden removal at the project began in March and through June crews had stripped 780,000 yards. Operations were expected to start earlier in the summer, but construction of ponds and completion of the wash plant has taken longer than projected. Subject to weather at the arctic project, the plant is expected to run through mid-Septem...
Kaminak Gold Corp. Aug. 13 reported results from roughly 31,000 meters of infill drilling completed at its Coffee gold project in 2015. This confirmation drilling was undertaken on the series of parallel, north-south striking gold bearing structures that make up the Supremo deposit. According to a preliminary economic assessment completed for Coffee in 2014, the Supremo deposit contributes about 1.27 million ounces of recoverable gold at an average diluted grade of 1.13 grams...
Klondike Gold Corp. Aug. 18 reported the start of a 1,000-meter drill program at its Lone Star gold property about 20 kilometers (12 miles) south of Dawson City, Yukon. The company said roughly 12 holes will test various areas of quartz veining containing visible gold on the property, including the Nugget zone. Bulldozer trenching in the early 1990s and excavator trenching in 2005 have identified quartz veins containing visible gold at the Nugget zone. Limited follow-up...
Pretium Resources Inc. Aug. 19 reported that results from the underground infill drill program in the Valley of the Kings at the Brucejack project in northwestern British Columbia continue to confirm the style and grade distribution of the gold mineralization. Highlights from the third batch of results include: 14.6 meters of 154.13 grams per metric ton gold in hole VU-459; 29.5 meters of 29.94 g/t gold in hole VU-463; 6.8 meters of 81.08 g/t gold in hole VU-445; 12 meters of...
Aura Silver Resources Inc. Aug. 14 reported that Agnico Eagle Mines Ltd. has begun a 1,000-meter drill program at Aura's Greyhound property in Nunavut. This drilling program will focus on the previously identified gold and silver rich zones around Aura Lake as well as the gold and base metal, copper-rich area at the Dingo zone. Agnico completed a similar-scale program at the property last year. The Greyhound property is located 32 kilometers (20 miles) south of Agnico's...
