The mining newspaper for Alaska and Canada's North

Articles from the November 1, 2015 edition


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  • Mining Explorers 2015: Pretium Resources Inc.

    Updated Jan 26, 2018

    Pretium Resources Inc. plans to begin mining the high-grade gold from the Valley of the Kings deposit of its Brucejack gold-silver project in northwestern British Columbia by 2017. The junior achieved two key permitting milestones - obtaining a provincial Environmental Assessment Certificate and a positive Environmental Assessment Decision Statement from the federal Minister of the Environment - in 2015. Once in production, a high-grade underground operation at Valley of the Kings is expected to produce 7.3 million ounces of...

  • Mining Explorers 2015: Nighthawk Gold Corp.

    Updated Nov 1, 2015

    NHK: TSX.V Chief Executive Officer: David Wiley Chief Geologist: Michael Byron Nighthawk Gold Corp. initiated a 3,000-meter drill program at its Indin Lake gold property late in 2015. Located 220 kilometers (137 miles) north of Yellowknife, Northwest Territories, the Indin Lake property hosts a number of gold deposits, including the historical Colomac open-pit mine, which produced 527,908 ounces of gold during the 1990s. The Colomac portion of the larger Indin Lake property hosts five known gold deposits - Colomac Main,...

  • Mining Explorers 2015: North Arrow Minerals Inc.

    Updated Nov 1, 2015

    NAR: TSX.V Chairman: D. Grenville Thomas President and CEO: Kenneth Armstrong Advisor: Eira Thomas North Arrow Minerals Inc. has seven diamond exploration projects in Canada - Qilalugaq, Mel and Luxx in Nunavut; Lac de Gras and Redemption in Northwest Territories; Pikoo in Saskatchewan; and Timiskaming in Ontario. Located nine kilometers from the Hamlet of Repulse Bay (Naujaat), Qilalugaq encompasses Q1-4, a kimberlite with 48.8 metric tons of inferred resource averaging 53.6 carats per hundred tons for a total of 26.1 carats... Full story

  • Mining Explorers 2015: Northquest Ltd.

    Updated Nov 1, 2015

    NQ: TSX-V Chairman and CEO: Jon North Chief Financial Officer: Carmelo Marrelli Vice President, Exploration: Dwayne Car Northquest Ltd. completed roughly 8,300 meters of drilling at its Pistol Bay gold project in Nunavut this year. The 861-square-kilometer (332 square miles) property covers 90 kilometers (55 miles) of the Pistol Bay Trend, a west-trending series of surface gold occurrences and gold zones parallel to, and 80 kilometers (50 miles) south of, a similar trend that hosts Agnico Eagle Mines' Meliadine gold mine...

  • Mining Explorers 2015: Novagold Resources Inc.

    Updated Nov 1, 2015

    NG: TSX / NG: NYSE-MKT Chairman: Thomas Kaplan President and CEO: Gregory Lang Executive Vice President: David Deisley Supporting the permitting process for the Donlin Gold project in Alaska continued to be the primary focus of Novagold Resources Inc. in 2015. The U.S. Army Corps of Engineers, the lead agency for the Donlin Gold Environmental Impact Statement, plans to issue a draft EIS for public comment toward year's end 2015 and the final EIS is expected to be completed by early 2017. This puts Donlin Gold LLC - an...

  • Mining Explorers 2015: Peregrine Diamonds Ltd.

    Updated Nov 1, 2015

    PGD: TSX Executive Chairman: Eric Friedland President and CEO: Tom Peregoodoff President and CEO, Peregrine Exploration: Brooke Clements Peregrine Diamonds Ltd. focused its 2015 exploration on expanding and upgrading the resources for the CH-6 and CH-7 kimberlites at its Chidliak diamond project located roughly 120 kilometers north of Since 2008, 71 kimberlites have been identified on the 748,000-hectare (1.85 million acres) Chidliak property, eight of which are considered to be potentially economic. Peregrine started off...

  • Mining Explorers 2015: Redstar Gold Corp.

    Updated Nov 1, 2015

    RGC: TSX.V Executive Chairman: Jacques Vaillancourt Interim President and CEO: Ken Booth VP, Exploration: Jesse Grady Redstar Gold Corp. got an early start on exploration at its Unga gold project in Southwest Alaska. Located on an island just off the Alaska Peninsula, Redstar's Unga property blankets two parallel trends of high-grade epithermal gold veins that each extend for more than 4.5 miles across the southeast corner of Unga Island. An initial phase of exploration that began in April included an eight-hole drill... Full story

  • Mining Explorers 2015: Sabina Gold & Silver Corp.

    Updated Nov 1, 2015

    SBB: TSX President and CEO: Bruce McLeod VP, Project Development: Wes Carson VP, Exploration: Angus Campbell Sabina Gold & Silver Corp. is on a mission to evolve from a successful mineral exploration company to a mid-tier gold producer by developing its portfolio of assets in Canada's North. Towards this goal, the company commissioned a feasibility study for its Back River gold project in western Nunavut. The study, led by JDS Energy & Mining Inc., envisions a 6,000-metric-ton-per-day mill producing an average of about...

  • Mining Explorers 2015: Seabridge Gold Inc.

    Updated Nov 1, 2015

    SEA: TSX / SA: NYSE Amex Chairman and CEO: Rudi Fronk President and COO: Jay Layman Senior VP, Exploration: William Threlkeld In recent years, Seabridge Gold Inc. has successfully targeted higher grade zones beneath KSM's near-surface porphyry deposits, resulting in the discovery of the Deep Kerr and Iron Cap Lower zones, two copper-rich deposits that have added nearly one billion metric tons of better grade material to project resources. In March, the company announced an inferred resource of 782 million metric tons grading... Full story

  • Mining Explorers 2015: Selwyn Chihong Mining Ltd.

    Updated Nov 1, 2015

    Chief Executive Officer: Richard (Shilin) Li VP, Exploration: John O'Donnell Selwyn Chihong Mining Ltd., a Canadian subsidiary of Yunnan Chihong Zinc & Germanium Co. Ltd., is targeting 2021 for the start of production at the Selwyn zinc-lead project in far eastern Yukon Territory. Yunnan Chihong Zinc & Germanium, which formed a joint venture with Selwyn Resources Ltd. on the project in 2009, subsequently invested C$100 million to earn a 50 percent interest in Selwyn and then paid C$50 million for the remaining half of the... Full story

  • Mining Explorers 2015: Strategic Metals Ltd.

    Updated Nov 1, 2015

    SMD: TSX President and CEO: W. Douglas Eaton Chairman: Bruce Youngman Chief Operating Officer: Ian Talbot Strategic Metals Ltd. has more than 125 mineral properties in the Yukon, making it the largest claim holder in the territory. These properties, along with five in northern British Columbia, are prospective for gold, silver, lead, zinc, copper, tin, tungsten, vanadium. As a prospect generator, Strategic identifies and stakes promising projects and completes initial exploration to confirm the geologic potential of its...

  • Mining Explorers 2015: Sumitomo Metal Mining Pogo LLC

    Updated Nov 1, 2015

    Sumitomo Metal Mining Co. (85 percent); Sumitomo Corp. (15 percent) General Manager: Chris Kennedy Senior Mine Geologist: Dave Larimer Sumitomo Metal Mining Pogo LLC - a joint venture between Japanese firms Sumitomo Metal Mining Company (85 percent) and Sumitomo Corp. (15 percent) - budgeted roughly US$15 million to explore the high-grade gold zones at and around its Pogo Mine in Interior Alaska in 2015. This follows a US$17 million program last year that further defined and expanded East Deep, North and South Pogo, three zon...

  • Mining Explorers 2015: Teck Resources Ltd.

    Updated Nov 1, 2015

    TCK: NYSE/ TCK.B: TSX Chairman: Norman Keevil President and CEO: Don Lindsay VP, Exploration: Alex Christopher Zinc continues to be a primary exploration focus for Teck Resources Ltd. In Alaska, this work is dedicated to extending the life of the Red Dog Mine by upgrading high-grade resources in nearby deposits to reserves and seeking out new deposits in the larger Red Dog area. Going into 2015, Red Dog had 45.4 million metric tons of ore in reserves, averaging 15.8 percent (6.05 million metric tons) zinc, 4.1 percent (1.86... Full story

  • Mining Explorers 2015: TMAC Resources Inc.

    Updated Nov 1, 2015

    TMR: TSX Executive Chairman: Terry MacGibbon Chief Executive Officer: Catharine Farrow VP, Exploration and Geoscience: Dave King TMAC Resources Inc. has its sights on bringing its Hope Bay gold project in northwestern Nunavut into production by the end of 2016. The Hope Bay project, which TMAC acquired from Newmont Mining Corp. in 2013, blankets most of the 80-kilometer- (50 miles) long Hope Bay greenstone belt in the Kitikmeot region of Nunavut. As part of its acquisition, TMAC inherited more than C$800 million worth of...

  • Mining Explorers 2015: Ucore Rare Metals Inc.

    Updated Nov 1, 2015

    UXU: TSX.V President and CEO: Jim McKenzie Chief Operating Officer: Ken Collison VP, Business Development: Mark MacDonald Ucore Rare Metals Inc. has its sights set on developing a complete mines-to-metal operation at its Bokan Mountain rare earth elements project in Southeast Alaska. Toward this goal, the company has been working on expanding the heavy REE-enriched Dotson Ridge deposit at Bokan and developing innovative technologies for the separation of the individual REE. In February, Ucore published results of a...

  • Mining Explorers 2015: Wellgreen Platinum Ltd.

    Updated Nov 1, 2015

    WG: TSX.V President and CEO: Greg Johnson Senior VP and COO: John Sagman VP, Corporate Development: Rob Bruggeman Wellgreen Platinum Ltd. is focused on advancing its namesake platinum group metals-copper-nickel project located near the Alaska Highway in southwestern Yukon Territory. In February, the company published the results of an updated preliminary economic assessment for the Wellgreen project that envisions a conventional open pit operation, with some selective higher grade underground mining. Milling would start at 25...