The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 14 of 14
State's inaugural sustainability report details the ESG advantages of looking North to Alaska for energy transition metals. The global energy transition has steered Alaska to a critical minerals crossroad that will shape the economic future of America's Last Frontier. On the one hand, the push for low-carbon energy is expected to put a dent in the demand for petroleum, which has been Alaska's economic lifeblood for more than five decades. On the other, Alaska happens to be...
Vital Metals turns to Chinese firm to fund Nechalacho, home to first REE mine in Canada. Drifting further away from the original vision of establishing a rare earths supply chain in Canada that would help to break the West's heavy reliance on China for this suite of tech elements, Vital Metals Ltd. has turned to Shenghe Resources Holding Co., Ltd. for funding that will allow the Australia-based REE mining company to move forward with its plans for a larger mine at its...
Dolly Varden Silver Corp. Oct. 30 announced that Hecla Mining Company is investing C$10 million (US$7.2 million) in the Northern British Columbia-focused precious metals exploration company. Hecla, which has long held a stake in Dolly Varden, has agreed to acquire 15.38 million shares of the company at C65 cents each. As a result, Hecla's will own a 15.7% interest in Dolly Varden, a significant increase from its prior 10.6% interest. In connection with the Hecla investment,...
Somehow, for those of us who follow the mining industry in Alaska, the first full week of November marks not the end but the beginning of the mining New Year. AMA conventions have occurred in this window for at least the last 45 years, and every year, although always different, in a larger sense, it is always the same. Miners and support industry entities gather in Anchorage to compare notes and make deals that will govern their activities for the ensuing year. It is a hugely...
Tectonic Metals Inc. Oct. 30 announced that it has expanded Flat through staking of state mining claims and an option on two claim blocks north of the 91,620-acre gold project in the Kuskokwim Mineral Belt of Southwest Alaska. Located roughly 25 miles (40 kilometers) north of the world-class Donlin Gold project, Flat is a property Tectonic leased from Doyon Ltd. that covers the likely lode source of two creeks – Flat and Otter – that are estimated to have produced more than 83...
Grande Portage Resources Ltd. Oct. 31 announced the results from the next three holes of its 6,500-meter drill program at the Herbert Gold project in Southeast Alaska. Located 16 miles (25 kilometers) north of Juneau, the Herbert Gold project is an exploration stage, high-grade, gold-mineralized mesothermal quartz vein system in the historic Juneau Gold Belt. According to a 2021 calculation, Herbert Gold hosts 3.64 million metric tons of indicated resource averaging 10.23...
Blackwolf Copper and Gold Ltd. Oct. 30 reported bonanza grade gold intercepts from the first assays from drilling at the Swann target on the Harry property, the company's first property on the British Columbia side of the Golden Triangle. Located between Ascot Resources' Premier gold mine and Scottie Resources Corp.'s Scottie gold mine, Harry is a 1,333-hectare (3,294 acres) gold exploration property that Blackwolf obtained after purchasing Optimum Ventures Ltd. around...
Klondike Gold Corp. Oct. 31 reported that its 2023 rock sampling has discovered bonanza grade gold mineralization, with associated silver and tellurium at the Dominion target on the company's Klondike District property in the Dawson Mining District in Yukon, Canada. Located roughly 20 kilometers (12 miles) southeast of Dawson City, the Klondike District Gold Project covers 727 square kilometers (280 square miles) of the famed Yukon gold district. According to a 2022...
Sitka Gold Corp. Oct. 30 announced the next batch of assays from its ongoing drill program at the company's RC Gold project in Canada's Yukon, which the company says has significantly expanded known mineralization with a possibility to add considerable ounces at its Blackjack deposit. Located within the central region of Canada's Yukon Territory, in the prolific Tombstone Gold Belt, the RC Gold project is roughly midway between Victoria Gold Corp.'s Eagle Gold mine and...
After getting a conditional green light in 2022 from regulators to advance the proposed ABM Mine at its Kudz Ze Kayah property in Southeastern Yukon, BMC Minerals Ltd. has completed a favorable economic review of its plan for a hardrock operation and developed new exploration targets on the property. BMC Minerals wants to extract 1.8 million metric tons of zinc, 350,000 metric tons of lead and 600,000 metric tons of copper from the Kudz Ze Kayah deposits located within the...
Assays from first four holes return 0.34% Ni-eq over 300-meter widths. Alaska Energy Metals Corp. Oct. 30 reported that assays from two more holes at Nikolai further confirm the remarkable consistency of the disseminated nickel sulfides in the roughly 300-meter-thick Eureka Zone that runs roughly 10 miles (16 kilometers) across this nickel-copper-cobalt-platinum group metals project about 55 miles south of Delta Junction, Alaska. The nickel-enriched Eureka Zone at Nikolai has...
Valhalla Metals Inc. Oct. 30 reported that all four step-out holes drilled this year at its Sun project in the World Class Ambler Mining District of Northwest Alaska cut significant zones of volcanogenic massive sulfide mineralization enriched with copper, zinc, silver, and gold. Lying alongside the route of the proposed Ambler Access Project, colloquially known as the Ambler Road, Sun hosts VMS deposits similar to the Arctic Mine project being advanced by Ambler Metals about...
Navigating the tumultuous waters of controversy and impassioned discourse, let us take a step back and embark on a journey through the history of an Alaska copper project that has proven to be as divisive as it is essential. Perhaps by exploring the compelling narrative of the Pebble Mine project, where the pursuit of precious resources indispensable for a zero-carbon future intersects with the call for environmental stewardship to safeguard heritage and a very way of life,...
Manh Choh is more than an economic opportunity and the promise of jobs. It is a legacy project for my people and the surrounding region. This vision goes back to 2008 when the late Chief Danny Adams and the village council members made it their priority to develop an economic future for their people. Chief Danny was a well-respected Tanana Chiefs Conference Executive Board member and a visionary leader in the Upper Tanana region. With the development of this mine, we will be...
