The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 12 of 12
Skeena Resources Ltd. Sept. 25 said assay results from the initial phase of 2019 drilling at Eskay Creek indicate the potential to upgrade and expand the near surface resource at 21 A, one of three zones being tested this year. Over a 14-year span ending in 2008, Barrick Gold Corp. produced roughly 3.3 million ounces of gold and 160 million oz of silver at average grades of 45 grams per metric ton gold and 2,224 g/t silver from an underground mine at Eskay Creek. Skeena,...
If you have watched the metals markets over the last month, you know why Alaska's mineral industry has surged, stalled, swerved, swooped, slowed, shelved and stuttered, sometimes all at the same time! Gold has gone above US$1,500 per ounce; copper pundits are predicting an increasingly dour future; zinc markets are looking to dive below $1.00 per pound; tin markets have marched strongly upward due to supply disruptions; and silver bulls are calling for annual worldwide...
Constantine Metal Resources Ltd. Sept. 25 reported that one hole drilled this year encountered massive baritic sulfide mineralization well outside of the RW Zone at the Palmer Joint Venture project in Southeast Alaska. The Palmer deposit, which includes both the South Wall and RW zones, contains 4.68 million metric tons of indicated resource averaging 5.23 percent (539 million lb) zinc, 1.49 percent (154 million lb) copper, 30.8 grams per metric ton (4.2 million oz) silver,...
Millrock Resources Inc. Sept. 23 announced that First Quantum Minerals Ltd. has been granted the exclusive right to enter an option agreement on Dragonslayer, a porphyry copper-gold project Millrock has identified in eastern Alaska. To earn the option right, First Quantum is funding C$100,000 of initial exploration that includes geochemical surveys, mapping, and prospecting. This work is focused on a geophysical anomaly located in a belt of Cretaceous-aged rocks southeast of...
Western Copper and Gold Corp. Sept. 24 reported a high-grade gold intercept from a hole drilled during the company's roughly 13,500-meter drill program at the Casino copper-gold project in the Yukon. Hole DH19-21, drilled near the southern edge of the enormous Casino copper-gold deposit cut 2.97 meters averaging 55.1 grams per metric ton gold. A re-assay of this sample returned 65.9 g/t gold, confirming the robust gold grade. This is the third high-grade intercept encountered...
Ascot Resources Ltd. Sept. 24 said it has completed its roughly 44,000 meters of resources expansion and upgrade drilling at the Big Missouri, Silver Coin and Premier deposit areas and has begun grassroots exploration across its wider land package near the town of Stewart, British Columbia. This discovery-focused program, recently approved by the Ascot board of directors, will include 3,000 to 5,000 meter of drilling testing four targets, as well as additional ground geophysic...
As the worldwide deficit in zinc production grows, several zinc-lead mining projects across northern Canada await construction of access arteries needed to deliver their ore to market. The projects are among the world's most attractive and represent a base metals treasure trove coveted by would-be developers and end users alike. Recent funding from the Canadian government and other public and private sources could unlock the floodgates to critical infrastructure development...
Graphite One Inc. Sept. 23 announced the start of a fall drill program at its Graphite Creek property located near Nome, Alaska. The roughly 800 meters of planned drilling will provide geotechnical information for an open-pit mine design and determine ground conditions in proposed infrastructure sites in preparation for the completion of a prefeasibility study for developing a mine at Graphite Creek, slated for the second quarter of next year. "Our 2019 drilling program is exp...
Ucore Rare Metals Inc. Sept. 23 reported two developments that could bolster the economics of a mine at Bokan-Dotson Ridge and expedite the permitting of this potential rare earth operation in Southeast Alaska. The potential boost in economics comes from a recent study that beryllium, zirconium, niobium, and hafnium could be valuable by-products to mining the rare earth elements at Bokan Mountain. All four of these metals are on the U.S. Geological Survey list of minerals cons...
HighGold Mining Inc. Sept. 23 provided details of the 2,000-meter drill program at its flagship Johnson Tract gold project in Southcentral Alaska. In late August, HighGold initiated an eight- to 10-hole diamond drill program aimed at confirming, defining and expanding the main Johnson Tract deposit. The Johnson Tract has significant historical exploration, including 88 holes primarily targeting the main Johnson tract deposit. Under a joint venture with Cook Inlet Region Inc.,...
Home of the famed golden beaches of Nome that have captured the imagination of millions over the past 120 years, the Bering Straits Native Corporation (BSNC) region covers the Seward Peninsula and coastal lands arcing around the eastern and southern coast of the Norton Sound in the far western reaches of Alaska. While this region may be 300 miles beyond North America's highway system, it has served as a crossroads for human activity for at least 15 millennia and will continue...
Alaska, like Canada to the east and Russia to the west, is well known for its elephantine mineral deposits. Recognition of those deposits surfaces regularly. Sometimes they are characterized by incredible production results, as in the case of Red Dog, Pogo and Fort Knox. Sometimes they are abandoned due to social factors to lie in wait for another day, as is the case with Brady Glacier, Misty Fiords and Chuitna. All too often, those who identify a valuable mineral deposit are...
