The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 9 of 9
Hecla Mining Company Jan. 13 reported that its Greens Creek Mine in Southeast Alaska produced 9.2 million ounces of silver during 2021, a 12% drop from the 10.5 million oz produced the prior year. This drop was largely due to mining easier to access but lower-grade ore because of manpower challenges around mid-year. Despite the challenges and major jump in production at Hecla's Lucky Friday Mine in Idaho, Greens Creek accounted for 71% of the company's silver production...
6 is shaping up to be a pivotal year for unlocking the world-class potential of the Ambler Mining District in Northwest Alaska. Toward realizing this potential, Ambler Metals LLC, a joint venture equally owned by Trilogy Metals Inc. and a subsidiary of South32 Ltd., has budgeted US$28.5 million for 2022. This program is slated to include drilling, engineering studies, and the initiation of permitting for Arctic, the first mine to be developed on its Upper Kobuk Mineral...
Ascot Resources Ltd. Jan. 13 reported additional high-grade gold intercepts from 2021 drilling at the Day Zone, which lies adjacent to the Big Missouri deposit on the company's Premier gold mine project about 16 miles (25 kilometers) outside of Stewart, British Columbia. Located at the southern tip of BC's Golden Triangle, Premier hosts 3.63 million metric tons of probable reserves averaging 5.45 grams per metric ton (637,000 oz) gold and 19.1 g/t (2.23 million oz) silver in...
Mountain Province Diamonds Inc. Jan. 13 reported that the Gahcho Kué Mine in Canada's Northwest Territories produced 6.23 million carats of diamonds during 2021, just below the guidance of 6.3 million to 6.5 million carats set out for the operation at the beginning of the year. This near-guidance production is despite an unplanned 22-day shutdown of the mine in February due to COVID-19. Owned under a joint venture between Mountain Province (49%) and De Beers Canada Inc...
Fireweed Zinc Ltd. Jan. 12 makes its first announcement of the year with assay results from a hole that cut 6.92% zinc, 5.03% lead, and 48.7 grams per metric ton silver at Tom East, the highest-grade deposit on the company's Macmillan Pass property in Canada's Yukon. Tom and the nearby Jason deposit currently host 11.2 million metric tons of indicated resource averaging 6.59% (1.63 billion pounds) zinc, 2.48% (620 million lb) lead, and 21.33 g/t (7.7 million ounces) silver;...
Grande Portage Resources Ltd. Jan. 11 reported plans to complete up to 10,000 meters of drilling this year at its Herbert Gold project near Juneau, Alaska. According to a calculation completed in May of last year, Herbert Gold hosts 3.64 million metric tons of indicated resource averaging 10.23 grams per metric ton (1.2 million oz) gold and 5.87 g/t (686,700 oz) silver; plus 1.14 million metric tons of inferred resource averaging 8.91 g/t (325,900 oz) gold and 4.63 g/t...
Cassiar Gold Corp. Jan. 12 reported that the most recent results from its 2022 drill program provide further evidence of the resource expansion potential of the 1-million-ounce Taurus gold deposit on its namesake property in Northern British Columbia. The company completed 11,288 meters of drilling in 34 holes at Cassiar this year, including 4,098 meters of drilling in 15 at and around the Taurus deposit in the Cassiar North project area and 7,191 meters in 19 holes targeting...
Kicking off the new year, Banyan Gold Corp. Jan. 11 released the analytical results from the next five diamond drill holes drilled during the 2021 exploration campaign at the rapidly developing Powerline deposit on the company's AurMac gold property in the Yukon. In light of the massive delays that has developed for assays, for Banyan to receive these results so early in the year certainly spells a good start to 2022. Located about 40 kilometers (25 miles) south of Victoria...
Benchmark Metals Inc. Jan. 12 reported strong gold and silver mineralization from infill and expansion drilling at the AGB deposit on the company's Lawyers project in Northern British Columbia. According to a calculation published in May, the Cliff Creek, AGB, and Dukes Ridge deposits at Lawyers host 40.3 million metric tons of indicated resource averaging 1.19 grams per metric ton (1.55 million ounces) gold and 38.7 g/t (50.2 million oz) silver; plus 16.2 million metric tons...
