The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 8 of 8
A preliminary economic assessment prepared for Copper Fox Metals Inc. outlines a slightly new vision for developing a mine at Schaft Creek, a large copper-gold-silver-molybdenum project being advanced under a joint venture between Teck Resources Ltd. (75%) and Copper Fox (25%). Located within the traditional territory of the Tahltan First Nation in northwestern British Columbia, Schaft Creek hosts 1.35 billion metric tons of measured and indicated resources averaging 0.26%...
Reclamation is more than a regulatory requirement for Usibelli Coal Mine Inc., a family-owned company that began restoring the natural landscape at its Interior Alaska coal mining operation before there were federal laws requiring it. Now that there are reclamation regulations in place, mining companies must post a bond that ensures the land gets restored – either by the company that will get the money back upon successful completion or a third party that will use the bond m...
Fortune Minerals Ltd. Sept. 23 announced the start of a 3,000-meter resource expansion and exploration drill program at its Nico cobalt-copper-bismuth-gold project in Canada's Northwest Territories. Nico hosts 33.1 million metric tons of proven and probable reserves averaging 0.11% (82 million pounds) cobalt, 0.14% (110 million lb) bismuth, 0.04% (27 million lb) copper, and 1.03 grams per metric ton (1.1 million ounces) gold. This unique mix of critical, precious, and base met...
ZincX Resources Corp. Sept. 23 announced that assay results show that the first hole of its 2021 drill program cut a broad envelope of zinc-lead-silver mineralization at the Cardiac Creek deposit on the company's Kechika properties, an expansive land package that covers a 140-kilometer- (87 miles) long stretch of the Kechika Trough in Northern British Columbia. The Kechika regional project encompasses 11 properties that stretch northwest from Akie – (from south to north) P...
Blue Star Gold Corp. Sept. 22 reported the results from two holes that expand the high-grade core of the Flood zone on the company's Ulu property in the High Lake Greenstone Belt, Nunavut. The Ulu property has historically been the target of significant exploration and development by BHP Minerals, Echo Bay Mines, and others. The past work includes roughly 97,820 meters of drilling and 1,700 meters of underground development. According to a 2015 calculation, the Flood and Gnu...
Nova Minerals Ltd. Sept. 20 announced that its 2021 reconnaissance exploration has discovered an extensive gold, silver, and copper mineralized zone between the Korbel gold deposit and RPM target on the company's Estelle property in Alaska. While investigating what appeared to be high-grade mineralization at the Stoney vein, a color anomaly at what is now referred to as the Rainy Day vein, and determine the source of the magnetic anomaly at the T5 prospect, Nova Minerals...
Heliostar Metals Ltd. Sept. 20 reported that drilling has further expanded gold mineralization at the Aquila target on the company's Unga project in Southwest Alaska. Aquilla is a zone of outcropping epithermal quartz veins at the southwest end of the Shumagin trend, one of two corridors of gold and silver mineralization running across the breadth of Unga Island, discovered by Battle Mountain Gold in the 1980s. Drilling at that time, however, was limited by poor sample...
New Age Metals Inc. Sept. 20 reported that Aurora Geosciences Ltd. is carrying out mapping and sampling at the Bernard Mountain and Sheep Hill areas of New Age's Genesis platinum group metal-nickel-copper project in Southcentral Alaska. Lying alongside the Richardson Highway about 75 highway miles north of the deep-water port city of Valdez, Genesis is an under-explored palladium-platinum-nickel-copper property with great infrastructure. Previous sampling at Sheep Hill, one...
