The mining newspaper for Alaska and Canada's North
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Kenorland Minerals Ltd. Aug. 24 announced the launch of a US$2 million exploration program funded by Antofagasta PLC at the Tanacross porphyry copper-gold project in eastern Alaska. In July, Kenorland announced that Antofagasta Minerals S.A, a subsidiary of Antofagasta, agreed to pay Kenorland an initial US$1 million in cash and spend US$30 million on exploration over eight years to earn a 70% joint venture interest in Tanacross, a 113,400-acre property lying alongside the...
Nova Minerals Ltd. Aug. 22 followed up on the long sections of high-grade gold assays reported earlier this month from drilling at RPM North with even longer sections of higher-grade gold at this exciting gold deposit on the Australia-based explorer's Estelle property in Alaska. Located about 16 miles south of the 8.1-million-ounce Korbel gold deposit at the north end of the Estelle property, RPM hosts 23.1 million metric tons of inferred resource averaging two grams per...
Alaska is known to be a trove of the minerals and metals critical to every segment of the American economy. This critical mineral richness is despite the fact that Alaska is a vast state that remains largely underexplored. To help gain a better understanding of the Last Frontier State's potential to provide domestic supplies of the 50 critical minerals, the U.S. Geological Survey has allotted $6.75 million to explore specific regions of the state for 29 critical minerals. The...
American West Metals Ltd. Aug. 23 announced that its drilling to test deep electromagnetic anomalies at Storm cut 68.8 meters of strong copper mineralization on this high-grade project on Somerset Island in the northern reaches of Nunavut, Canada. "This is a game changing discovery at the Storm Copper Project," said American West Metals Managing Director Dave O'Neill. "Exploration drilling has intersected stratiform copper sulphide mineralisation at depth which supports our ge...
Ascot Resources Ltd. Aug. 24 reported that drilling has cut additional strong gold mineralization at Sebakwe, a discovery zone about 600 meters southwest of the mill on the company's Premier mine project in the Golden Triangle region of British Columbia. Discovered during 2021, this mineralization appears to represent an unmined structure immediately north of the Northern Light and Premier deposits at Premier. Highlights from two holes drilled at Sebakwe during 2021 include:...
TNR Gold Corp. Aug. 24 reported that it is carrying out an exploration program this year at the Shotgun gold project in Southwest Alaska. Located about 110 miles south of the 39-million-ounce Donlin Gold mine project and about the same distance northeast of the Pebble copper-gold-molybdenum project, this property lies at the intersection of two trends known to host big deposits. TNR optioned Shotgun from Novagold Resources Inc. in 2002 and gained full ownership of the...
Hudson Resources Inc. August 22 announced it has signed an agreement with Neo Performance Materials Inc. to sell its Sarfartoq Carbonatite Complex in southwest Greenland. Located roughly 35 miles (60 kilometers) from the international airport in the town of Kangerlussuaq, Sarfartoq would provide Neo with a rare earths project that is close to North Atlantic tidewater between the U.S. and Europe. Exploration carried out by Hudson has outlined 5.88 million metric tons of...