The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 9 of 9
Company has completed 11 holes so far this year at the RPM gold deposit, is collecting bulk samples at the Stibium antimony prospect. Nova Minerals Ltd. Aug. 21 announced that it is continuing to pursue both the precious metal and critical mineral potential at its Estelle gold-antimony project about 100 miles (160 kilometers) northwest of Anchorage, Alaska. According to a calculation completed earlier this year in compliance with the U.S. Securities and Exchange Commission's...
Contango ORE receives $32.2 million of gold and silver from the first direct shipping ore processed under its hybrid royalty model. Since the July 8 pouring of the first bar of gold, the Kinross Alaska mill recovered approximately 55,000 ounces of gold and 11,000 oz of silver from ore shipped from Manh Choh, a mine being operated under the Peak joint venture between Kinross Gold Corp. (70%) and Contango ORE Inc. (30%). For Contango, this marks the first revenue generated...
Canadian miner cuts deal with ZincX to conduct metallurgical testing of material from Cardiac Creek zinc deposit in Northern BC. ZincX Resources Corp. Aug. 19 reported that Teck Resources Ltd. is carrying out advanced metallurgical testing of material from the Cardiac Creek zinc-lead-silver deposit on its Akie project in Northern British Columbia. The Cardiac Creek sedimentary exhalative (SEDEX) deposit hosts 22.7 million metric tons of indicated resource averaging 8.32% (4.16...
USAC stakes road-accessible copper property; investigating other critical mineral projects in underexplored state. United States Antimony Corp. Aug. 21 announced that it has staked 69 state claims covering prospective high-grade copper showings in Alaska. The critical minerals-focused company that owns an antimony refinery in Montana has yet to reveal the location of this 11,040-acre property in Alaska. "The State of Alaska is under-explored, and we are considering other...
Directional drilling cuts 16.2 meters of 606 g/t silver in deep expansion zone of Kitsault Valley deposit. Dolly Varden Silver Corp. Aug. 22 announced that drills continue to cut high-grade silver mineralization below the Wolf deposit on the company's Kitsault Valley project in Northern British Columbia. Lying about 25 miles (40 kilometers) southeast of Stewart, B.C., Kitsault Valley is the amalgamation of the Dolly Varden silver and Homestake Ridge gold-silver properties....
Board resigns, and shareholders pull out after court-ordered receivership, impelling company to yield. "It's over. Victoria is done," CEO John McConnell said in an interview with CBC on the day after Victoria Gold Corp. was placed into receivership and the Yukon government took the lead on rehabilitating the Eagle Gold mine site. "They brought in a team to take over from us," he added. The court decision comes less than two months after the failure of the heap leach pad at...
U.S. Federal District Court in Alaska approves motion to include USACE in ongoing litigation over Pebble Mine permit veto. Northern Dynasty Minerals Ltd. Aug. 19 announced that the U.S. Federal District Court in Alaska has granted its request to amend the ongoing lawsuit against the Environmental Protection Agency (EPA) to also include the U.S. Army Corps of Engineers (USACE) as a defendant. In January 2023, EPA issued a 404(c) veto under the Clean Water Act, blocking...
Latest drilling expands high-grade gold potential along the new Blackjack Corridor. Sitka Gold Corp. Aug. 19 announced the latest results from its ongoing 2024 diamond drilling campaign at the RC Gold project in Yukon, including a significant 290.5-meter intercept averaging 1.1 grams per metric ton gold, the company's best result to date. Located in the heart of Yukon's Tombstone Gold Belt, the 431-square-kilometer (166 square miles) RC Gold project lies roughly 100 kilometers...
Exploration reveals new high-grade gold zones and extends key fault structure. Klondike Gold Corp. Aug. 20 announced significant progress in its 2024 exploration campaign, including the mapping of the newly defined Eldorado Fault, a 12-kilometer (seven miles) corridor controlling high-grade gold mineralization at its Klondike District property in Yukon, with visible gold discovered in multiple new showings. "Our 2024 field season so far has been visually rewarding and assay...
