The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 8 of 8
Avidian Gold Corp. Oct. 21 announced that it has wrapped up 2021 exploration at Golden Zone, a gold-rich polymetallic exploration project strategically located midway between Anchorage and Fairbanks, Alaska, and only 6.2 miles (10 kilometers) west of the paved Parks Highway, Alaska Railroad, and the 345 kilovolt Alaska Intertie power lines. This year's program included 3,288 meters of reverse circulation (RC) drilling in 27 holes that tested the Mayflower Extension Zone...
Freegold Ventures Ltd. Oct. 19 reported that the latest batch of results from this year's drilling at Golden Summit includes holes that cut broad zones of higher-than-resource-grade gold mineralization at and around the Dolphin deposit and narrow zones of high-grade gold at the adjacent Cleary zone. Located about 25 miles north of Fairbanks, Alaska, and adjacent to Kinross Gold Corp.'s Fort Knox Mine, Golden Summit hosts 61.5 million metric tons of indicated resource...
Nova Minerals Ltd. Oct. 18 reported two additional long intercepts of strong gold mineralization from this year's drilling at the RPM North target on the Australian company's Estelle gold project in Alaska. Situated about 16 miles (25 kilometers) south of Korbel, where Nova has outlined 4.7 million ounces of gold in 518 million metric tons of inferred resource averaging 0.3 grams per metric ton gold, RPM is emerging as the second large gold deposit at Estelle. One hole...
Challenged by a spike of COVID cases in Alaska and unplanned downtime due to a failure of the primary conveyor that delivers ore to the mill, Northern Star Resources Ltd.'s Pogo Mine in Alaska produced less gold at higher costs during the first quarter of the Australian miner's fiscal year 2022, which began on July 1. These hurdles came at a time when crews were commissioning mill upgrades that will expand production rates to 1.3 million metric tons per year, which is a 30%...
Skeena Resources Ltd. Oct. 16 announced that Peru-based Hochschild Mining PLC will begin spending roughly C$100 million to earn a 60% joint venture interest in the Snip gold mine project in British Columbia's Golden Triangle. "The Hochschild team has a reputation for being among the best underground miners in the world for narrow, high-grade deposits and we are fortunate to have them as our formal partner on Snip going forward," said Skeena Resources CEO Walter Coles Jr....
Brixton Metals Corp. Oct. 19 reported a wide section of porphyry copper-gold-silver-molybdenum mineralization from drilling at the Camp Creek target on its Thorn project in British Columbia's Golden Triangle. Located about 95 kilometers (60 miles) east of Juneau, Alaska, the 2,600-square-kilometer (1,004 square miles) Thorn property hosts large-scale porphyry copper-gold-silver-molybdenum and volcanic-sediment hosted gold-silver targets. The latest batch of assay results is...
Enduro Metals Corp. Oct. 18 announced the discovery of a new porphyry copper-gold system at Burgundy Ridge on the company's 654-square-kilometer (253 square miles) Newmont Lake project in British Columbia's Golden Triangle. Several shallow holes completed during a first-pass drill program at Burgundy Ridge during 2019 cut mineralization, including one hole that cut 91 meters averaging 0.38% copper and 0.3 grams per metric ton gold from a depth of 36 meters. Following up on...
Blackwolf Copper and Gold Ltd., Oct. 18 announced that initial reconnaissance exploration at the company's Cantoo property just north of Hyder, Alaska, and Stewart, British Columbia, identified encouraging quartz vein structures and sulfide mineralization. Specifically, a large, shallow-dipping, gold-bearing structure estimated at over 30 meters wide. Cantoo, located on the Alaskan side of the Golden Triangle, immediately west of the Premier Gold project, and south of the...