Sorted by date Results 1 - 8 of 8
Blue Star Gold Corp. Sept. 30 announced encouraging gold results from the company's 2020 drill program at the Ulu and Hood River properties in Nunavut. The Ulu property hosts an advanced gold project that between 1989 and 2012 saw significant exploration and development by BHP Minerals, Echo Bay Mines, and others. The past work includes roughly 1,700 meters of underground development and roughly 97,820 meters of drilling at Ulu and Hood River. According to a 2015 calculation,...
The U.S. Geological Survey and Association of American State Geologists have approved $1.1 million of funding for mapping and geological surveys aimed at gaining a better understanding of Alaska's critical minerals potential. This funding includes $634,000 in grants to the Alaska Division of Geological & Geophysical Surveys for geologic mapping and geochemical analyses for an area of the Western Tanacross region near Alaska's eastern border with Canada's Yukon; and $500,000...
Grande Portage Resources Ltd. Oct. 1 reported that it cut 52.34 grams per metric ton gold across 2.71 meters about 170 meters east of any other drilling into the Goat vein on the company's Herbert Gold project in Southeast Alaska. Located about 16 miles north of Juneau, Herbert Gold hosts 1.88 million metric tons of indicated resource averaging 10.03 grams per metric ton (605,000 ounces) of gold; plus 553,429 metric tons of inferred resource averaging 14.15 g/t (251,700 oz)...
Kinross Gold Corp. has agreed to pay US$93.7 million to buy a 70% stake in the Peak Gold project near the crossroads town of Tok in eastern Alaska, an acquisition slated to deliver high-grade feedstock to the mill at Kinross' Fort Knox Mine near Fairbanks. "The relatively high-grade, low-cost Peak Gold project is an excellent addition to our portfolio, as it allows us to leverage our existing mill and infrastructure at Fort Knox and strengthens our medium-term production and...
Graphite One Inc. Oct. 1 said President Donald Trump's declaration that the United States' heavy reliance on foreign nations for critical minerals is a national emergency highlights the importance of the company's plans to establish a domestic graphite supply chain by developing a mine at its Graphite Creek deposit in Alaska. The U.S. is 100% dependent on imports for graphite, which is currently the primary anode material in the lithium-ion batteries that power smartphones,...
Golden Predator Mining Corp. Sept. 28 announced the start of a more than 3,000-meter drill program focused on expanding the resource at its Brewery Creek gold mine project about 35 miles (55 kilometers) east of Dawson City, Yukon. According to a calculation published in August, Brewery Creek hosts 22.2 million metric tons of indicated leachable resource averaging 1.11 grams per metric ton (789,000 ounces) gold, plus 16.8 million metric tons of inferred leachable resource at 0....
Resolution Minerals Ltd. and Millrock Resources Inc. Sept. 28 said they are disappointed but not discouraged by the weakly anomalous gold encountered in a 22-meter zone of veining in hole 20AU07 drilled into the Aurora target on the 64North project in Alaska's Goodpaster Mining District. The Aurora target at 64North is immediately west of the Goodpaster discovery on Northern Star Resources Ltd.'s high-grade Pogo gold mine property. In mid-September, Resolution reported that...
I write today to share my perspective on the "Pebble Tapes," next steps for the project, and why I agreed to return to the Pebble Project as CEO. Many have asked me why, at 77 years old, I chose to do this. Many also asked why I took on the challenge years ago when I left the cruise ship industry to lead Pebble for the first time. The answer is that I believe in the Project and what it represents for Alaskans. I also believe in the people who have worked so diligently to get...