The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 9 of 9
Alexco Resource Corp. is pulling all the pieces together to resume production at its Keno Hill Silver District mine in the Yukon by the end of the year. Alexco produced silver at Keno Hill from 2011 to 2013 but made the choice to idle down operations due to weak silver prices and uncertain market conditions at the time. Over the ensuing years, the company steadily expanded silver resources with continued exploration and completed other work in anticipation of resuming...
Resolution Minerals Ltd. Sept. 17 reported that the seventh hole of the 2020 season at 64North project has tapped a seven-meter-thick quartz vein at Aurora indicative of the Pogo-style gold mineralization being sought. Bordering Northern Star Resources Ltd.'s Pogo gold mine property, the roughly 160,000-acre 64North project includes nine claim blocks – West Pogo, Shaw, Eagle, LMS-X, South Pogo, East Pogo, North Pogo, Last Chance and Divide. Under a deal cut with Millrock R...
PolarX Ltd. Sept. 14 reported that this summer's drilling has encountered strong near-surface copper-gold mineralization at Zackly East, extending this emerging new resource area on the company's Alaska Range property by 320 meters along strike at the Zackly East. "Zackly East is fast becoming a substantial discovery with great scope for further growth," said PolarX Managing Director Frazer Tabeart. Alaska Range consists of two adjacent copper and precious metal projects – S...
Freegold Ventures Ltd. Sept. 11 reports results from a second hole that validates its hypothesis that higher grade gold mineralization extends west from the historic Cleary Hill Mine, which produced 281,000 ounces of gold from ore averaging 1.3 oz per ton before the operation was shuttered during World War II. The first hole of a winter drill program that got underway in March, GSDL2001, cut 188 meters averaging 3.69 grams per metric ton gold from a depth of 360 meters. This...
Ascot Resources Ltd. Aug. 14 announced the discovery of high-grade gold mineralization at Day Zone, a new area about 300 meters west from the planned underground development at Big Missouri and roughly 5,000 meters north of the mill on Ascot's Premier property in northwestern British Columbia. A feasibility study completed for Ascot earlier this year envisions four mines – Silver Coin, Big Missouri, Red Mountain and Premier – providing ore to the existing 1990s era mill at...
ATAC Resources Ltd. Sept. 14 announced that the initial phase of 2020 exploration at its Rau project in the Yukon indicates the presence of a large orogenic gold system at the Airstrip target. Airstrip is roughly 5,000 meters southeast of Tiger, a carbonate replacement deposit that hosts 4.53 million metric tons of measured and indicated resources averaging 3.19 grams per metric ton (464,000 oz) of gold. A preliminary economic assessment published earlier this year outlined...
Tectonic Metals Inc. Sept. 14 reported additional high-grade gold intercepts from drilling at the Michigan zone on the company's Tibbs project in Alaska's Goodpaster Mining District. This year's drilling at Michigan focused on systematically stepping out to the northeast and southwest along a prominent northeast trending lineament in the center of the zone, where 2019 rotary air blast drilling cut 28.95 meters averaging 6.03 grams per metric ton gold. Given the success last...
White Rock Minerals Ltd. Sept. 15 reported that it tested the Last Chance gold discovery with 1,990 meters of drilling in eight holes before a blanket of snow marked the end of the 2020 exploration season at its Red Mountain project in Alaska. "Considering the Last Chance gold target started as a stream sediment anomaly earlier this year, our 2020 field season accomplished a lot," said Quinton Hennigh, a technical advisor to White Rock Minerals. Best known for its zinc-rich...
U.S. President Donald Trump assured Alaskans that politics will not play a role in the federal permitting decision for the Pebble copper-gold-molybdenum-rhenium mine in Southwest Alaska. "Don't worry, wonderful & beautiful Alaska, there will be NO POLITICS in the Pebble Mine Review Process. I will do what is right for Alaska and our great Country!!!," Trump said in a late Wednesday tweet. This is in contrast to several premortem Pebble obituaries published by national news...