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
A Washington, D.C. think tank has weighed in on the question of whether the U.S. Environmental Protection Agency erred in conducting an assessment of large-scale mining in the Bristol Bay region of Alaska before such a project was even proposed, let alone engaged in the federal permitting process. EPA published its findings in a “Bristol Bay Assessment” and decided to place limits on development of the enormous and contentious Pebble copper-gold-molybdenum project in Sou...
Novagold Resources Inc. Oct. 6 reported that the U.S. Army Corps of Engineers plans to publish the Donlin Gold draft Environmental Impacts Statement for public comment near year's end. Donlin Gold LLC, the operating company equally owned by subsidiaries of Novagold and Barrick Gold Corp., advanced a number of other major permit applications, including working toward finalizing an air quality permit; completing approaches to water management, treatment, and discharge to facilit...
The water resources section of the Alaska Division of Mining, Land & Water Oct. 7 published its decision on the Chuitna Citizens Coalition Inc.'s reservation of water applications for Middle Creek/Stream 2003, a tributary of the Chuitna River. These reservations were requested by the conservation group to protect flows for the purpose of protection of fish and wildlife habitat, migration, and propagation, one of the four purposes authorized under Alaska statute. The decision...
Coeur Mining Inc. Oct. 6 reported that the Kensington Mine in Southeast Alaska produced 28,688 ounces of gold during the third quarter of 2015, down four percent from the second quarter. Lower mill throughput and recovery rates, offset by slightly higher grades, were reasons given for the drop in gold production. Kensington has produced 92,442 oz. of gold through the first three quarters of 2015 and is on track to meet Coeur's guidance of 115,000-125,000 oz. for the year. The...
Kiska Metals Corp. Oct. 6 provided an exploration update on its Copper Joe property in Alaska as well as its Kliyul and Chuchi properties in British Columbia. In partnership with First Quantum Minerals, Kiska recently completed a geological mapping program and a magnetotelluric geophysical survey at Copper Joe, a porphyry copper-gold-molybdenum exploration project located roughly 110 miles (175 kilometers) northwest of Anchorage. Kiska said this work has defined two compelling...
Graphite One Resources Inc. Oct. 1 reported the completion of a C$1.36 million non-brokered private placement financing that involved the issuance of 19.42 million units at C7 cents per unit. Each unit consists of one common share and one transferable warrant that allows the holder to purchase one Graphite One share for C10 over a period of three years from the date of the closing of the financing. Graphite One paid C$85,710 in finder's fees and issued 1.22 million...
Skeena Resources Ltd. Oct. 6 reported acquisition of the GJ copper-gold property from joint venture owners Teck Resources Ltd. (51 percent) and NGEx Resources Inc. (49 percent). The 37,508-hectare (92,684 acres) GJ property lies adjacent to the eastern boundary of Skeena's Spectrum property in the Golden Triangle of Northwest British Columbia. Crossed by Highway 37 and the recently completed 287-kilovolt Northwest Transmission Line, the infrastructure at GJ is excellent. Addit...
Rockhaven Resources Ltd. Oct. 7 released results from the final 14 holes drilled at its Klaza gold-silver property in southern Yukon Territory during 2015. Highlights from this drilling at the BRX zone include: 14.88 grams per metric ton gold and 162 g/t silver over two meters of hole 271; 18.7 g/t gold and 489 g/t silver over 1.05 meters of hole 264; 9.97 g/t gold and 471 g/t silver over 1.26 meters of hole 274; 15.36 g/t gold and 482 g/t silver over 0.96 meters of hole 256;...
Atac Resources Ltd. Oct. 6 said regional-scale exploration has identified a sizable gold-in-soil anomaly about five kilometers (three miles) southeast of tis Tiger gold deposit within the Rau Trend at the western end of its Rackla gold project in Yukon Territory. The anomaly was identified during a wide-spaced soil sampling grid extension southeast of the Bengal showing, which is located 3.2 kilometers (two miles) south of the Tiger Deposit. Results from this sampling...
Dolly Varden Silver Corp. Oct. 1 reported the signing of a definitive documentation for the closing of a C$1.5 million senior secured loan from Hecla Canada Ltd. and Robert L. Gipson, two significant shareholders of the company. The loan is to bear five percent annual interest and will be repayable after one year. Dolly Varden has agreed to issue 1.25 million warrants to each lender. Each warrant will entitle the holder to acquire one common share of Dolly Varden at C30 cents...
American Creek Resources Ltd. said it has begun a fall exploration program of mapping, sampling and drilling at its Electrum gold-silver property in Northwest British Columbia. The Electrum property encompasses the historical East Gold Mine, a hand-mining operation that produced extremely high grades of gold, silver and electrum. American Creek said the exploration at Pretium Resources' Valley of the Kings deposit located some 20 kilometers (13 miles) north of Electrum has...
Kennady Diamonds Inc. Oct. 5 reported diamond recovery results from some 2.4 metric tons of kimberlite recovered from the Kelvin North Lobe during the spring drill program at the Kennady North property in Nunavut. The sample, which was processed by caustic fusion at the Geoanalytical Laboratories Diamond Services of the Saskatchewan Research Council, averaged 2.6 carats per metric ton for diamonds of commercial size. The four largest diamonds recovered from the Kelvin North...
