Sorted by date Results 1 - 11 of 11
Nova Minerals Ltd. Jan. 19 announced plans to complete more than 20,000 meters of drilling to expand upon the wide sections of high-grade gold mineralization encountered last year at the RPM North deposit on its Estelle gold property in Alaska. Located toward the south end of the Estelle property, RPM North is a relatively early-stage deposit that Nova Minerals only started drilling in 2021. Following up on a 2012 hole drilled by a previous operator that cut 177.4 meters...
Trilogy Metals Inc. Jan. 20 published an updated mineral resource estimate for Bornite that shines a spotlight on the very high copper and cobalt grades in the underground South Reef area of this world-class deposit on the Upper Kobuk Minerals Projects in the Ambler Mining District of Northwest Alaska. Located about 15 miles southwest of Arctic, the most advanced of the UKMP projects, Bornite is a large and high-grade deposit that hosts 6.3 billion pounds of copper and 88...
Western Alaska Minerals Corp. Jan. 18 reported additional high-grade silver-zinc-lead intercepts from 2021 drilling at the Waterpump Creek carbonate replacement deposit on the company's Illinois Creek project in western Alaska. The more than 49,000-acre Illinois Creek Mining District property is home to the past-producing Illinois Creek Mine; Waterpump; about four miles northeast of the Illinois Creek open pit; Honker, a high-grade gold target about six miles north of the...
Victoria Gold Corp. sees outsized benefits from a relatively small investment into Project 250, a strategy to increase production at its Eagle Gold Mine in the Yukon to 250,000 ounces during 2023. "Project 250 represents a significant near-term, low-cost opportunity to increase annual gold production at Eagle," said Victoria Gold President and CEO John McConnell. A scoping study completed by Victoria details plans to incorporate an intermediate scalping screen that will...
Capping off a successful year of mine predevelopment activities at its 30%-owned Manh Choh gold mine project in Interior Alaska and acquisition of the historic high-grade Lucky Shot gold mine project in Southcentral Alaska by up-listing its share to the New York Stock exchange, Contango ORE Inc. is well-positioned for 2022 success. "2021 represented another year of COVID, but despite the difficulties of working in a continued pandemic environment, the company achieved its...
With current COVID-related restrictions in Ontario making planning for a March event highly uncertain, the Prospectors & Developers Association of Canada has rescheduled PDAC 2022 – the world's premier mineral exploration and mining convention – for June "The PDAC Convention provides an exciting meeting place for the world's mineral exploration and mining industry to network, collaborate, learn, have fun and do business in an environment that is open and safe," said PDAC Exe...
Northern Star Resources Ltd. Jan. 20 reported that Pogo gold mine in Alaska continued to underperform expectations during the fourth quarter, but there are indications that gold production will be stronger during 2022. During the final three months of 2021, Pogo produced 49,985 ounces of gold from 213,688 metric tons of ore averaging 6.6 grams per metric ton gold. While a 25% increase over the 40,127 oz produced during the previous quarter, this is still significantly lower...
Alexco Resource Corp. Jan. 18 reported that the Bermingham deposit at its Keno Hill Silver District project in Canada's Yukon now hosts 1.56 million metric tons of indicated resource averaging 939 grams per metric ton (47.2 million ounces) silver, a 43% increase over the 33 million oz calculated for the deposit in 2019. In addition, Bermingham hosts 843,400 metric tons of inferred resource averaging 735 g/t (19.9 million oz) silver, a 66% increase over the 509,400 oz in the...
Alianza Minerals Ltd. Jan. 18 released its first 2022 announcement with the overall results of 2021 and the outlines for this year's program at many of its properties including the 100% owned Haldane silver project in the Yukon's Keno Hill District. "We had an extremely productive year in 2021, marked by advancement of the exciting new West Fault high-grade silver target at our Haldane project in Yukon's historic Keno Hill Mining District," said Jason Weber, president and CEO...
Avidian Gold Corp. Jan. 19 announced results from eight of the 17 reverse-circulation drill holes completed on the Mayflower Extension Zone at its district-scale Golden Zone project in Southcentral Alaska. "We are extremely pleased with the success of the 2021 drill campaign at MEZ," said Avidian Gold President and CEO Steve Roebuck. "The results received to date demonstrate the high potential for the continued discovery of near-surface gold mineralization to the Breccia Pipe...
Sabre Gold Mines Corp. Jan. 18 published the results from a preliminary economic assessment that outlines a 60,000-ounce-per-year gold mining operation at its road-accessible Brewery Creek project about 35 miles (55 kilometers) east of Dawson City, Yukon. Brewery Creek is the home to a mine that produced roughly 280,000 ounces of gold over seven years of mining that began in 1996. This operation used seasonal heap leaching – a method of gold recovery that involves stacking o...