The mining newspaper for Alaska and Canada's North

Articles from the October 16, 2016 edition


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  • New "GAME" in Alaska

    Shane Lasley, Mining News|Updated Feb 4, 2018

    Great American Minerals Exploration Inc. has closed a landmark option agreement with Sumitomo Metal Mining that consolidates the Monte Cristo and Uncle Sam gold properties into a single 55,465-acre project about 40 miles west of the Pogo Mine in Interior Alaska. GAME, as the company is commonly known, is no stranger to the Pogo region. In fact, the privately held Nevada corporation staked its first claims there in 1997 and has held onto a position in the area ever since. This...

  • Robust exploration at Kensington

    Shane Lasley|Updated Oct 16, 2016

    Coeur Mining Inc. Oct. 10 provided an update on an expansive exploration program at its Kensington gold mine in Southeast Alaska. This program is focused on potential resource conversion and expansion within the Kensington Main ore-body, the nearby Raven vein, and the high-grade Jualin deposit. Drilling at Kensington Main is currently being conducted at four zones - lower Block M and zones 41, 44, and 12 - with a focus on the potential expansion of the Kensington resource...

  • Kensington gold production falls

    Shane Lasley|Updated Oct 16, 2016

    Coeur Mining Inc. Oct. 6 reported that its Kensington Mine in Southeast Alaska produced 26,459 ounces of gold during the third quarter, compared to 32,210 oz. during the previous three months. A blocked tailings line that halted mill production at the end of the third quarter is the primary reason for this 18 percent drop in gold production. Through the first nine months of this year, Kensington has produced 90,643 oz. of gold and Coeur has increased the low end of its 2016...

  • Drilling hits high-grade copper NE of Caribou Dome deposit

    Shane Lasley|Updated Oct 16, 2016

    Coventry Resources Ltd. Oct. 11 reported results from the first nine of 22 holes drilled this year at the Caribou Dome copper project about 155 miles north of Anchorage. Three holes drilled northeast of the historical Caribou Dome deposit cut significant high-grade copper. CD16-005, drilled about 120 meters northeast of the deposit, cut 1.1 meters of 5.5 percent copper from a depth of 532.1 meters. CD16-007, drilled about 100 meters southwest of CD16-005, cut 0.3 meter of 1.8...

  • Alaska, BC formalize agreement to protect trans-boundary rivers

    Shane Lasley|Updated Oct 16, 2016

    Alaska Lt. Gov. Byron Mallott Oct. 6 announced that Alaska and British Columbia have signed a statement of understanding aimed at strengthening a commitment to protect trans-boundary rivers. Signed by Mallott, B.C. Minister of Energy and Mines Bill Bennett and B.C. Minister of Environment Mary Polak, the agreement formalizes a mutual commitment to protect and enhance the shared environment, including trans-boundary rivers, watersheds and fisheries, for the benefit of both...

  • Independence expands Boulevard gold zones

    Shane Lasley|Updated Oct 16, 2016

    Independence Gold Corp. Oct. 12 provided results from a 30-hole drill program at its Boulevard gold project in the White Gold District, Yukon. A total of 1,401 meters of reverse circulation drilling was completed in 15 holes within the Sunrise-Sunset area, which is 8.5 kilometers (5.3 miles) southwest of Goldcorp Inc.'s recently acquired Coffee deposit. Drilling evaluated multi-element soil anomalies within the 2,300-meter-long Sunset trend and focused on testing new, potentia...

  • Nighthawk traces new high-grade gold deeper

    Shane Lasley|Updated Oct 16, 2016

    Nighthawk Gold Corp. Oct.16 said this summer's drill program supports the existence of high-grade domains within the Colomac mineralized system of its Indin Lake gold property in Northwest Territories. Earlier this year, Nighthawk reported results from step-out drilling at the newly discovered Zone 1.5, where C16-03 cut 52.07 meters averaging 7.72 g/t gold. Further drilling shows that the zone continues uninterrupted to depth. One such hole, C16-03B, cut 72.65 meters of 5.58...

  • Summer success prompts fall drill program at North Rackla

    Shane Lasley|Updated Oct 16, 2016

    Cantex Mine Development Corp. Oct. 11 reported plans for a late season drill program at its North Rackla project in the Yukon Territory. This summer, the company completed trenching, rock sampling and geologic mapping in an area of anomalous gold-zinc-lead-silver in the northern portion of the North Rackla claim block. Trenching in this area encountered 1.5 meters grading 1.28 grams per metric ton gold and 10 g/t silver; two meters of 41 g/t silver and 2.85 percent zinc; and o...

  • Colorado drills gold, as it figures out KSP

    Shane Lasley|Updated Oct 16, 2016

    Colorado Resources Ltd. Oct. 5 released assay results from an additional eight holes drilled at the Inel area of the company's KSP gold property in northwestern British Columbia. Hole INDDH16-046 cut multiple gold intercepts, including two meters of 16.49 grams per metric ton gold; and 45.3 g/t silver from 60 meters, and 3.7 meters of 14.59 g/t gold, 181.35 g/t silver and 3.95 percent zinc from 113.3 meters. Hole INDDH16-046 cut one meter of 47.6 g/t gold from 97 meters; 11...

  • Silver Range confirms Hard Cash in Nunavut

    Shane Lasley|Updated Oct 16, 2016

    Silver Range Resources Ltd. Oct. 11 reported results from a summer exploration program at the Hard Cash and the Nigel gold properties in the western Kivaliq Region of Nunavut. Located 310 kilometers (193 miles) northeast of Stony Rapids, Saskatchewan, Hard Cash lies within the greenstone belt that hosts Agnico Eagle's Meliadine gold deposit currently being developed by Agnico Eagle. The Swamp showing at Hard Cash hosts Archean gold mineralization consisting of laminated...

  • BC issues permits to go underground at KSM

    Shane Lasley|Updated Oct 16, 2016

    Seabridge Gold Inc. Oct. 11 reported the receipt of permits necessary to develop an exploration adit into the Deep Kerr Deposit at its KSM Project in northwestern British Columbia. The proposed 2,100 meter long adit is designed to facilitate cost-effective underground drilling of the Deep Kerr Deposit. The adit would be collared in the Sulphurets Valley at the base of Kerr Mountain, declining at a 12 percent grade parallel to the footwall of the Kerr deposit, allowing access...