The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 7 of 7
Dolly Varden Silver Corp. Oct. 7 reported high-grade silver intercepts from infill and resource expansion drilling at the Torbrit deposit on the company's Dolly Varden project in Northwest British Columbia. The roughly 21,745-acre (8,800 hectares) Dolly Varden property covers four historic mines that produced more than 19 million ounces of silver over four decades beginning in 1919. Four deposits associated with these historic mines – Torbrit, Dolly Varden, Wolf and North S...
Tectonic Metals Inc. Sept. 14 reported strong gold intercepts from drilling at Lower Trench, a discovery zone about 1,500 meters northwest of the Michigan zone on the Tibbs project in Alaska's Goodpaster Mining District. Michigan was first tapped by Tectonic during 2019 and was a primary focus of a 27-hole program rotary air blast drill program carried out this this year at Tibbs, which is about 22 miles (35 kilometers) southeast of Northern Star Resources Ltd.'s Pogo gold...
Ascot Resources Ltd. Oct. 8 reported that drilling has tapped high-grade silver mineralization at the aptly named Silver Hill, an exploration target about 2,000 meters northeast of the planned underground development at Big Missouri on the company's Premier gold-silver mine project in Northwest British Columbia. Big Missouri is one of four mine areas slated to deliver ore to the existing 1990s era mill at Premier, according to a feasibility study completed earlier this year fo...
Nova Minerals Ltd. Oct. 5 reported a 3.3-million-ounce gold resource for the Korbel deposit on the company’s Estelle gold project in Alaska. According to this updated calculation, Block B at Korbel hosts 291 million metric tons of inferred resource averaging 0.4 grams per metric ton gold. This is roughly a 32% increase over the maiden resource calculated for Korbel in 2019 and Nova expects to continue to grow the resource as drill results from an expanded 2020 drill program co...
Alianza Minerals Ltd. announced plans for a late-season drill program at its Haldane high-grade silver project in Yukon's historic Keno Hill Mining District. Situated about 25 kilometers (16 miles) west of Keno City, Haldane is the site of a historical mine that produced roughly 24.7 metric tons of hand-sorted ore averaging 3,102 g/t (99.7 oz/t) silver and 59% lead on the south side of Bighorn Creek veins. From 1926 and 1927, a vein on the north side of Bighorn Creek produced...
Osisko Metals Inc. Oct. 5 reported the results from the fall drill program at its Pine Point zinc project in Northwest Territories. In mid-June, the company published a preliminary economic assessment that outlines plans for reestablishing a mine at Pine Point, home to a mine operated by Cominco (now Teck Resources) that produced roughly 14 billion pounds of zinc and 4 billion lb of lead from around 64 million metric tons of ore averaging about 10% zinc-equivalent over a...
Pogo Mine owner Northern Star Resources Ltd. continues its growth with the proposed merger with fellow Australian gold miner Saracen Mineral Holdings Ltd. In an all-shares deal announced on Oct. 5, the two companies will merge into the world's eighth largest gold producer, with a market capitalization of US$11.5 billion (A$16 billion) and gold producing assets in Australia and Alaska. Under the proposed deal, Saracen shareholders will receive 0.3763 Northern Star shares for...
