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
It is high summer in Alaska and the mining industry is busy breaking rocks, drilling holes, collecting baseline data, making upgrades to mine facilities and producing metal and coal across the state. The effects of declining prices for metals are starting to be felt at the operating metal mines and except for a few projects, the exploration sector continues to wallow in the doldrums, which have plagued the industry since 2013. That said, the tire-kicking of earlier this...
Agnico Eagle Mines Ltd. Aug. 20 provided an update on exploration at its Amaruq gold project in Nunavut, including an expanded resource of the project's Whale Tail deposit. A 50,000-meter drill program completed during the first half of 2015 resulted in an updated inferred resource of 9.7 million metric tons grading 6.47 grams per metric ton (2 million ounces) gold for Amaruq, a 35 percent increase in gold content since the end of 2014. Most of this resource - 9.1 million...
Skeena Resources Ltd. Aug. 20 said the first six holes of its 12,000-meter drill program at the Spectrum gold-copper property in northwestern British Columbia has cut multiple high-grade intercepts. One of the best examples is S15-012 cut 10.59 grams per metric ton gold over 6.6 meters beginning at 102 meters, 25.27 g/t gold over 3.9 meters at 197.6 meters, and four meters grading 7.08 g/t gold at 234 meters; and S15-017, which cut 85 meters grading 9.79 g/t gold and 430 g/t...
Atac Resources Ltd. Aug. 25 reported the discovery of a new gold zone at the Anubis Cluster within the Nadaleen Trend of the Rackla Gold Project in central Yukon. Rotary air blast drilling conducted 300 meters west of the Anubis Zone intersected 47.24 meters of 3.79 grams per metric ton gold at what is now called the Orion target. Gold mineralization in this hole, ARB-15-026, started at 15.24 meters and was continuously mineralized to the bottom of the hole. "This hole is...
Golden Predator Mining Corp. Aug. 21 reported the resignation all of its officers and five of its directors. The resignations follow a notice that Till Capital Ltd. intends to nominate and vote for a slate of existing Till Capital directors to the Golden Predator board at the company's annual general meeting. Till Capital, a Bermuda-domiciled insurance company, holds 58.9 percent of Golden Predator' issued and outstanding shares under its subsidiary, Resource Re Ltd. The...
Independence Gold Corp. Aug. 24 reported encouraging results from drilling of two gold discoveries at its Boulevard Project, located adjacent to Kaminak Gold Corp.'s Coffee gold project in Yukon Territory. The 1,746-meter (13 holes) reverse circulation drill program tested two previous undrilled soil anomalies. The best intercepts are 7.23 grams per metric ton gold across 12.2 meters at the Sunrise zone, and 4.25 g/t gold across 6.1 meters at the Denali zone, located 13...
British Columbia Energy and Mines Minister Bill Bennett spent the week of Aug. 23 working to build bonds with Southeast Alaskans worried about potential downstream effects of mining copper- and gold-rich deposits located in northwestern B.C. Bennett's visit comes one year after a tailings dam burst at the Mount Polley Mine in central British Columbia, sending a deluge of mining waste and untreated water into the surrounding watershed. While the spill did not affect Alaska...
