The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 5 of 5
CopperBank Resources Corp. Nov. 28 said this year's rock and soil sampling program at San Diego Bay is a good first step in understanding the porphyry copper-gold potential of this project on the Alaska Peninsula. Geologists collected 37 grab rock samples and 173 soil samples during the summer program at San Diego Bay. The soil samples were collected over three areas: San Diego Bay in the southeast; Renshaw Point on the eastern side of the property, and an area near Balboa Bay on the western side of the property. The best...
Although the Bureau of Land Management has been developing land management plans for decades, in the past those plans have had two qualities that made them tolerable. First, they were relatively easy to live with and second, they were reasonably understandable. There can be no doubt, however, that the earlier plans violated unequivocal prohibitions of the Alaska National Interest Lands Act against restrictive land management practices on the public domain. During the past deca...
Alaska’s mining sector is in a global competition for mining investment, making it critical for the state to tout its strengths and address its weakness if it wants to attract the capital needed to expand the industry. During a presentation at the Alaska Miners Association fall convention, Doug Silver, a portfolio manager for Orion Mine Finance, provided an international financier’s perspective of Alaska mining sector’s strengths and where it could be doing better. “I have th...
PolarX Ltd. Nov. 23 reported that assays from the first five holes drilled at Zackly confirm the high-grade copper-gold mineralization in this skarn deposit on the Stellar property. Significant results from the first five holes include: 14.5 meters of 2.5 percent copper and 2 grams per metric ton gold from a depth of 34.9 meters; 5.3 meters of 2 percent copper and 2.7 g/t gold from 9.7 meters; and 3.5 meters of 3.9 percent copper and 2.2 g/t gold from 99.1 meters. PolarX said these grades exceed those from historical...
For the first time in five long years, the mood at the recently held Alaska Miners Association Convention in Anchorage was buoyant, the result of a slow but steady turnaround on mineral investments in the state. Additional new corporate interest in the state emerged during the past 30 days, and sources of exploration funds coming to Alaska continue to shift, with estimates for 2017 suggesting that 62 percent of this financing comes from Canadian concerns, 18 percent from...
