The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 7 of 7
Restructured and under new leadership, Heatherdale Resources Ltd. is gearing up for a drill program to expand some of the high-grade targets at its Niblack copper-gold-silver-zinc project on Prince of Wales Island in Southeast Alaska. Heatherdale, which had advanced Niblack to the brink of considering the feasibility of mining the high-grade volcanogenic massive sulfide mineralization found there, became hampered by debt during the economic hardships endured by the junior...
Following the Yukon Environmental and Socio-Economic Assessment Board's (YESAB) recommendation that the proposed mine the Kudz Ze Kayah (KZK) project be allowed to proceed to permitting, BMC Minerals Ltd. has updated the feasibility study for the silver-dominant polymetallic project in southeastern Yukon. While the operating parameters of the proposed mine have not changed, the updated feasibility study does take into consideration concerns raised by YESAB. This updated...
Kinross Gold Corp. Nov. 4 reported a significant increase in gold production and drop in costs at its Fort Knox Mine about 20 miles north of Fairbanks, Alaska. "At Fort Knox, we are very pleased with the results achieved during the quarter. And I'm happy to say we expect continuation of strong results going forward," Kinross Gold Chief Technical Officer Paul Tomory informed investors and analysts on Nov. 5. During the third quarter of 2020, Fort Knox produced 72,705 ounces of...
Benchmark Metals Inc. Nov. 4 reported the discovery of significant new mineralized zones that may develop into future satellite deposits along a 20-kilometer- (12.4 miles) long mineralized trend on its Lawyers gold-silver project in Northern British Columbia. "As we continue to systematically explore our highly prospective 140-square-kilometer (54 square miles) land position with comprehensive geological mapping, soil and rock sampling, ground and airborne geophysics, and...
Resolution Minerals Ltd. Nov. 1 reported that drilling has resumed at the Aurora gold target on the 64North project in Alaska. Located in the Goodpaster Mining District, the 160,000-acre 64North project includes nine claim blocks – West Pogo, Shaw, Eagle, LMS-X, South Pogo, East Pogo, North Pogo, Last Chance and Divide. Resolution, which has the option to earn a 60% interest in this large gold project from Millrock Resources Inc. by investing US$20 million in exploration spend...
Mountain Province Diamonds Inc. Nov. 2 announced it received C$45.7 million (US$34.3 million) from the Oct. 30 sale of 559,528 carats of diamonds from the Gahcho Kué Mine in Canada's Northwest Territories at an average price of US$61 per carat. This marks the Mountain Province's second traditional commercial sale since before the onset of the COVID-19 pandemic. "We are pleased with the result of our second post COVID-19 sale despite the ongoing challenges during the...
Heliostar Metals Ltd. (formerly Redstar Gold Corp.) Nov. 5 announced the addition of two new members of its exploration management team. Samuel Anderson, who spent 17 years as a geologist at Newmont Gold Corp., has been named Heliostar vice president of exploration and is currently leading the company's gold exploration program on Alaska's Unga Island. During his time at Newmont, Anderson held successive positions from exploration project manager to senior manager of...
