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
Looking to strengthen the gold mine platform it is building in Nunavut, Agnico Eagle Mines Ltd. is investing roughly US$33 million into exploring its three main assets in the Canadian territory – Meliadine mine, Meadowbank Complex, and the recently acquired Hope Bay mine. This robust investment in Nunavut is part of US$163 million of exploration the company has budgeted for all of its assets, which is substantially higher than the US$113 million invested in exploration d...
Early results from the 2021 drill program at KSM project support Seabridge Gold Inc.'s concept of mining more gold-rich reserves from open pits at the Snowfield and Mitchell deposits prior to the start of underground block cave mining at this world-class gold-silver-copper project in British Columbia's Golden Triangle. Lying immediately east of Mitchell, one of four deposits on Seabridge's KSM property, Snowfield hosts 1.37 billion metric tons of measured and indicated...
Freegold Ventures Ltd. Nov. 3 reported that its ongoing 40,000-meter resource upgrade and drill program at Golden Summit cut broad zones of much higher-than-resource-grade gold mineralization at and around the Dolphin deposit, along with narrow high-grade gold intercepts. 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 averaging 0.69 grams per metric ton...
The Alaska Industrial Development and Export Authority Oct. 27 announced the receipt of $8.5 million in funds for the advancement of predevelopment work for the West Susitna Access Road project, which would extend into resource-rich areas west of Cook Inlet in Southcentral Alaska. "Investing in access projects creates the infrastructure necessary to bring natural resources to market, which creates good-paying jobs for Alaskan families and generates local tax revenue that...
Rockhaven Resources Ltd. Nov. 3 reported the successful completion of a 72-hole diamond drill program at its road-accessible Klaza gold-silver project in the Dawson Range Gold Belt of southern Yukon. Originally slated to be 12,000 meters, the 2021 program at Klaza was expanded to 14,256 meters of drilling that included 11 resource expansions, 31 resource upgrades, and 30 exploration holes. A 2020 preliminary economic assessment outlines plans for a mine at Klaza that would...
A 65,000-metric-ton-per-day operation at the Livengood mine project in Alaska would produce 6.4 million ounces of gold over a 21-year span, or an average of around 304,750 oz per year, according to an updated prefeasibility study released by International Tower Hill Mines Ltd. on Nov. 4. Lying alongside a paved highway about 70 miles north of Fairbanks, the Money Knob deposit at Livengood hosts 704.5 million metric tons of measured and indicated resources averaging 0.4 grams...
Sabina Gold & Silver Corp. Nov. 2 reported that underground development at the Umwelt gold deposit will allow for the first-ever year-round operations at its Back River gold project in Nunavut, Canada. According to a calculation completed earlier this year, Back River hosts 33.45 million metric tons of measured and indicated resources averaging 5.88 grams per metric ton (6.32 million oz) gold; and 13.79 million metric tons of inferred resource averaging 6.44 g/t (2.86 million...
White Gold Corp. Nov. 1 reported strong gold intercepts in three rotary air blast holes drilled at Ulli's Ridge, an exploration target about 3,000 meters southwest of the Golden Saddle and Arc deposits on the company's namesake property in Yukon's White Gold District. Golden Saddle and Arc host a combined 15.6 million metric tons of indicated resource averaging 2.28 grams per metric ton (1.14 million oz) gold; and 9 million metric tons of inferred resource averaging 1.39 g/t...
Discovery Africa Ltd. Nov. 3 reported high-grade gold, silver, and copper results from the initial rock sampling program on the company's Chulitna project about four miles west of the Parks Highway, roughly midway between Anchorage and Fairbanks, Alaska. Lying immediately south of Avidian Gold Corp.'s Golden Zone project, the Chulitna land package covers the Partin gold-silver-copper target and Coal Creek tin-silver zinc prospect. After staking roughly 77 square miles of...
