The mining newspaper for Alaska and Canada's North
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Luckystrike Resources Ltd. Aug. 19 announced the completion of a 1,106-meter drill program targeting the expansion of the Monte Carlo zone on the Lucky Strike property in Yukon's White Gold District. Goldstrike Resources Ltd., which spun out Lucky Strike and other Yukon gold properties into Luckystrike Resource in 2018, first encountered gold at Monte Carlo while trenching an 1,800-meter-long induced polarization geophysical anomaly in 2016. That company followed up with a sma...
Fireweed Zinc Ltd. Aug. 20 reported results from the first five holes drilled at the company's Macmillan Pass zinc project in eastern Yukon. Two deposits at Macmillan Pass – Tom and Jason – host 11.21 million metric tons of indicated resource averaging 6.59 percent (1.63 billion pounds) zinc, 2.48 percent (610 million lb) lead and 21.33 grams per metric ton (7.7 million ounces) silver; plus 39.47 million metric tons of inferred resource averaging 5.84 percent (5.08 bil...
Aben Resources Ltd. Aug. 20 provided updates on an expanded drill program at its Forrest Kerr gold project in British Columbia's Golden Triangle and Justin gold project in southeastern Yukon. At Forrest Kerr, Aben is encouraged by initial results from a more than 5,000-meter initial phase of drilling and has budgeted additional funds to extend the drilling into fall. "We are off to a great start for the 2019 drill season," said Aben Resources President and CEO Jim Pettit. "We...
The Canadian government has dedicated C$2.2 billion to clean up contaminated mine sites in the Yukon and Northwest Territories. The eight projects to be addressed with this investment are the historical Faro, United Keno Hill, Mount Nansen, Ketza River and Clinton Creek mines in the Yukon; and Giant, Cantung and Great Bear Lake mines in the Northwest Territories. This new remediation effort, Northern Abandoned Mine Reclamation Program, was introduced by the Honorable Carolyn...
Ucore Rare Metals Inc. Aug. 22 announce that that it met with senators Lisa Murkowski (R-Alaska) and Dan Sullivan (R-Alaska) in separate visits to Ketchikan, Alaska, to discuss Ucore's promise as a secure domestic supply source for rare earth elements crucial to U.S. defense, manufacturing, and industrial base needs. "We're delighted to be working with two influential federal senators, both of whom recognize the importance of secure domestic supply chains for critical...
Redstar Gold Corp. Aug. 22 renewed its lease for the Unga project on islands just off the Alaska Peninsula and plans to resume exploration of the high-grade gold project later this year. Aleut Corp., an Alaska Native Claims Settlement Act (ANCSA) regional corporation, owns the mineral rights to most of Unga. Two ANCSA village corporations, Shumagin and Unga, own much of the surface estate on this island. More information on Aleut Corp can be found at Aleuts Ring of Fire...
Strategic Metals Ltd. Aug. 21 reported a rock sample averaging 2,340 grams per metric ton (75.23 ounces per metric ton) gold and 597 g/t (19.2 oz/t) silver that was collected during this year's exploration at Mount Hinton, a property that covers an extensive system of high-grade gold- and silver-rich quartz veins and breccias in the southern portion of the Keno Hill District of central Yukon. A three-phase program being carried out this year at Mount Hinton is following up on...
Can American resource development and environmental stewardship go hand-in-hand? Environmental Protection Agency Administrator Andrew Wheeler not only believes the answer is yes but producing the rich mineral and energy resources of the United States is the environmentally preferable alternative. "When it comes to the environment and when it comes to national security, there is no better investment than American energy and minerals," he said during an Aug. 20 luncheon hosted...