The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 8 of 8
Blue Star Gold Corp. Nov. 9 reported that its 2022 field work has identified and advanced several exploration targets across the company's Ulu, Hood River, and Roma gold properties, which cover more than a 45-kilometer (28 miles) stretch of the High Lake Greenstone Belt in Nunavut. This includes three priority targets on Ulu – Bouncer, Zebra-Dagg, and Gravy. According to a 2015 calculation, the Flood and Gnu zones at Ulu host 2.5 million metric tons of measured and indicated r...
Kinross Gold Corp. Nov. 9 reported another quarter of strong production at its Fort Knox gold mine in Alaska. During the third quarter, Kinross' Alaska operation produced 75,522 ounces of gold, which is down only slightly from the 77,184 oz of gold produced in the previous quarter and about 8% higher than the 71,336 oz recovered during the third quarter of 2021. Kinross attributes the strong third quarterly production to increasing mill throughput. During the three months...
Banyan Gold Corp. Nov. 7 reported that its systematic drilling at AurMac continues to extend the gold mineralized footprint of the Powerline and Aurex Hills deposits, including an 84.4-meter intercept averaging 1.13 grams per metric ton gold in the most northeasterly hole drilled so far at Powerline. Located about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Gold Mine and adjacent to Hecla Mining Company's Keno Hill Silver District, AurMac hosts 3.99 million...
Klondike Gold Corp. Nov. 10 announced its first resource estimate for deposits on its namesake gold project in the hills above the famed Eldorado and Bonanza placer gold streams near Dawson City, Yukon. The Lone Star and Stander deposit on the Klondike District Gold Project host 21.59 million metric tons of indicated resource averaging 0.68 grams per metric ton (468,901 ounces) gold and 6.46 million metric tons of inferred resource averaging 0.54 g/t (111,959 oz) gold. "The...
As Alaska-based company preps for 2023, Alaska Delegation calls for swift Ambler Road resolution. After spending this summer preparing for its initial drill program at the Sun copper-zinc-silver-gold project in Northwest Alaska, Valhalla Metals Inc. commends the Alaska Delegation's support for the proposed Ambler Road that would run right by this potential domestic source of green energy metals that lies along the route to the Arctic Mine project to the west. According to a...
Osisko Metals Inc. Nov. 9 announced the results of its 2022 definition drilling program at its Pine Point project in Canada's Northwest Territories, a program that aims to upgrade its resource to the indicated category for an upcoming feasibility study. After filing a preliminary economic assessment this year, which included the higher commodity prices and reduced dewatering costs, all intercepts reported fall within, or adjacent to, the currently modeled open pit shells...
Skeena Resources Ltd. Nov. 8 reported that its 2022 drilling has cut high-grade gold-silver mineralization to the south of and below the Eskay Creek open pit mine detailed in a feasibility study completed in September. This operation is expected to produce 2.42 million ounces of gold and 66.7 million oz of silver over an initial nine years of mining based on the 46.5 million metric tons of open pit minable measured and indicated resources averaging 2.6 grams per metric ton...
Dolly Varden Silver Corp. Nov. 7 reported that its 2022 drilling cut strong silver mineralization at Torbrit, the largest of three deposits that host the high-grade resource at the Dolly Varden at the end of the company's Kitsault Valley silver-gold project in Northern British Columbia. Located about 40 kilometers (25 miles) southeast of Stewart, BC, the 63-square-mile (163 square kilometers) Kitsault Valley project is an amalgamation of Dolly Varden's namesake silver project...