The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 9 of 9
Found within the newest territory of Canada, Nunavut may seem barren and inhospitable, yet it has provided resources and succor to its First Peoples for thousands of years. While European colonizers and the indigenous peoples in their ancestral home suffered many differences, it was the shared efforts of the two groups in trade and labor that bridged this gap, eventually leading to the formation of Nunavut itself. While it may seem strange, as history often describes events... Full story
Drill results from mineral exploration programs in Canada's Yukon Territory this year are beginning to roll in as numerous companies wind down 2021 field operations in what some describe as one of the busiest mining seasons in years. Coming on the heels of an eight-year capital market down-cycle, plus a 2020 season burdened with operating restrictions due to the COVID-19 pandemic, the current season is bringing more upbeat challenges to Canada's Far North typically associated...
If there is one thing that most Americans can probably agree on, I think, it is that Joe Biden is the worst President we have had since Donald Trump. Since they both had a lot of things on their respective plates to deal with, such as COVID, immigration, and foreign affairs, it is appropriate to look at where we are and how we got here. With regard to COVID, despite a massive federal effort by the incumbent to bridge over the failures of his predecessor, we are still in the... Full story
GIL-SOURDOUGH – With a Sept. 23 blast of explosives that fractured rock in preparation for the start of mining at Gil-Sourdough, Kinross Gold Corp. has raised the bar for mine openings with a literal groundbreaking ceremony at what is now the sixth large-scale metal mine in Alaska. "I hope this is just the beginning and there are a lot more plays like this and we have a future, not just here at Fort Knox but across the great state of Alaska," Alaska Gov. Mike Dunleavy said t...
Brixton Metals Corp. Sept. 27 reported additional high-grade gold, along with strong silver and copper, in additional samples collected from the Trapper target on its 1,000-square-mile (2,600 square kilometers) Thorn project in British Columbia's Golden Triangle. Earlier this year, Brixton discovered previously unrecognized visible gold while relogging core from 2011 drilling by a previous explorer at Trapper, a volcanic-hosted epithermal target about five miles (eight...
Nighthawk Gold Corp. Sept. 28 reported assay results from 17 drill holes that essentially double the strike length of gold mineralization at the 24/27 deposits about 4,000 meters east of the main Colomac deposit on the company's Indin Lake gold property in Canada's Northwest Territories. According to a calculation completed in February, five deposits at Indin Lake host 38.7 million metric tons of indicated resource averaging 1.81 grams per metric ton (2.25 million ounces)...
Agnico Eagle Mines Ltd. and Kirkland Lake Gold Ltd. have announced plans to merge into a major mining company slated to produce 3.4 million ounces of gold this year. With similar market capitalizations and gold production profiles in Canada and other politically stable jurisdictions, the deal is considered a merger of equals that would create a company with a market cap of around US$23 million based on a slight drop in share prices of both companies following the merger announ...
Building upon a strong relationship it has made with Doyon Ltd., Tectonic Metals Inc. has entered into an agreement to lease the Flat gold project owned by the Alaska Native Claims Settlement Act regional corporation. Located about 25 miles north of the Donlin Gold project being advanced under a joint venture between Barrick Gold Corp. and Novagold Resources Inc., the 92,160-acre Flat property hosts intrusive-hosted, sheeted quartz vein gold mineralization similar to that...
White Rock Minerals Ltd. Sept. 28 reported that drilling has tapped spectacular zinc grades well outside the resource at Dry Creek, indicating the potential for a substantial expansion of this polymetallic volcanogenic massive sulfide deposit on the company's 323-square-mile (836 square kilometers) Red Mountain project in Alaska. Dry Creek and the nearby WTF deposits near the eastern end of the Red Mountain property host 9.1 million metric tons of Australian Joint Ore...
