The mining newspaper for Alaska and Canada's North

Articles from the December 6, 2024 edition


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  • A picture of Frederick Trump’s Arctic Restaurant and Hotel in Whitehorse.

    Frederick Trump and the American dream

    A.J. Roan, Mining News|Updated Dec 6, 2024

    From humble immigrant to business titan, Frederick forged the Trump family legacy amidst the chaos of the legendary Klondike Rush. Few periods in history capture the spirit of reckless adventure and raw ambition quite like the Klondike Gold Rush. Among those drawn to the North was a young Bavarian immigrant with a name that, unbeknownst to most at the time, would one day become a household name – Trump. However, this isn't the Trump most people know today, but his g...

  • Hand holding two-inch thick rock sample of high-grade antimony.

    Exceptionally high-grade Stibium antimony

    Shane Lasley, Mining News|Updated Dec 5, 2024

    Samples with as much as 56.7% antimony refine drill targets at Alaska critical minerals prospect. Nova Minerals Ltd. Dec. 5 reported that 11 out of the 80 samples collected over a 400-by-800-meter area of Stibium contain more than 30% antimony, confirming the extent and high-grade nature of this drill-ready prospect on the company's Estelle gold-antimony project about 100 miles northwest of Anchorage, Alaska. Discovered during a reconnaissance exploration program carried out...

  • Map of Felix Gold Fairbanks Mining District properties.

    Felix discovers NE Fairbanks gold targets

    Shane Lasley, Mining News|Updated Dec 5, 2024

    Soil sampling identifies prospects near the Fort Knox Mine and Golden Summit properties. Felix Gold Ltd. Dec. 3 reported that a systematic sampling program has identified two gold targets on the NE Fairbanks project about 10 miles (16 kilometers) east of the NW Array gold-antimony deposit on the company's Treasure Creek project in Alaska. The new gold targets are found on the Everest and Point Break claim blocks located approximately about a half mile (one kilometer)...

  • Three workers approaching an underground mine with a blue hue.

    Ascot mobilizes for Premier Mine restart

    Shane Lasley, Mining News|Updated Dec 5, 2024

    Is ramping up underground development in preparation for restart of gold production. After raising approximately $37.4 million (C$26.6 million) in mid-November, Ascot Resources Ltd. has mobilized crews and equipment to resume underground mining toward the high-grade Premier-Northern Lights gold-silver deposits at the company's Premier project about 15 miles (25 kilometers) north of Stewart, British Columbia. Premier is home to a past-producing gold-silver mine that was last...

  • Rolling green hills of Yukon, with a small blue helicopter in the forest.

    White Gold eyes critical mineral potential

    A.J. Roan, Mining News|Updated Dec 5, 2024

    With a growing portfolio of critical mineral targets, company is poised to unlock new value alongside gold exploration efforts. Deeply invested in its robust gold assets, White Gold Corp. has also recognized that the presence of copper, molybdenum, tungsten, and other critical minerals within its property presents a significant opportunity that demands action. To unlock the full value of its emerging critical mineral targets, the company is exploring the idea of spinning...

  • roup standing on ridge at Fireweed Metals Macpass project.

    Fireweed grows Tom and Jason deposits

    A.J. Roan, Mining News|Updated Dec 5, 2024

    Step-out drilling reveals high-grade intercepts, confirming continuity. Fireweed Metals Corp. Nov. 28 announced results from its 2024 drilling campaign at the Macpass project in Yukon, with drilling at Tom South confirming significant high-grade mineralization close to the surface, while step-out drilling at Jason Main established continuity beyond the existing resource. Spanning approximately 977 square kilometers (377 square miles) and located roughly 200 kilometers (124 mil...

  • Drill technicians working on a drill pad at Klondike District property.

    Klondike finds high-grade gold at Eldorado

    A.J. Roan, Mining News|Updated Dec 5, 2024

    Six drill holes intersect stacked quartz veins on both flanks of fault. Klondike Gold Corp. Nov. 28 announced the first drill results completed along the Eldorado Fault within its Klondike District Property in the Yukon, with drilling on either side of the structure revealing new high-grade gold intersections, further validating its potential as a major control for gold mineralization in the district. Spanning 727 square kilometers (280 square miles), the Klondike District...

  • The White House on a clear spring day in Washington, DC.

    Will Alaska mining surge under Trump 2.0?

    Shane Lasley, Mining News|Updated Dec 5, 2024

    President-elect vows to maximize Alaska's mining potential; an aligned Congress swings political pendulum in industry's favor. With an incoming president that favors "reshoring" over "friendshoring" the nation's critical mineral supply chains and a Congress positioned to pass permitting reform and other mining-related legislation that has stalled in one chamber or the other for more than a decade, America's mining sector is poised for growth following the outcome of the Nov....

  • Looking across a newly installed bridge on a fall day in Northern B.C.

    Second challenge to KSM permit emerges

    Shane Lasley, Mining News|Updated Dec 5, 2024

    Earthjustice files court petition contesting "substantially started" on behalf of SE Alaska and NW British Columbia conservation groups. Roughly a week after the Tsetsaut Skii km Lax Ha (TSKLH) First Nation filed a petition to challenge British Columbia's "substantially started" determination for Seabridge Gold Inc.'s KSM copper-gold mine project in Northern B.C., Ecojustice filed a similar petition on behalf of transboundary conservation groups in northwestern B.C. and Southe...

  • Drill pad on the top ridge of a mountain in Yukon, Canada.

    Intrusive gold uncovered at Sitka's May-Qu

    A.J. Roan, Mining News|Updated Dec 5, 2024

    Recent surface sampling bolster exploration plans for 2025 season. Sitka Gold Corp. Dec. 2 announced the confirmation and extension of a significant reduced intrusion-related gold system (RIRGS) at its May-Qu target within the flagship RC Gold Project in Yukon, with surface rock samples returning up to 31.7 grams per metric ton gold, highlighting the potential scale and importance of this discovery. Located 22 kilometers (15 miles) east of the Blackjack deposit within the Bos...

  • A black semi with dual trailers with a total of 16 axles to distribute weight.

    Bridge limits mean less Manh Choh gold

    Shane Lasley, Mining News|Updated Dec 5, 2024

    Chena Flood Plain Bridge weight restrictions and heavier ore expected to lower 2025 gold production to around 200,000 oz. Contango Ore Inc. Nov. 29 reported that new weight restriction placed on the Chena Flood Plain Bridge is expected to impact the quantities of ore transported from the Manh Choh gold mine near Tok, Alaska, to Kinross Gold Corp.'s Fort Knox Mine north of Fairbanks for processing. Under a joint venture partnership forged between Kinross (70%) and Contango...

  • Photo of Elon Musk wearing a black “Make America Great Again (MAGA) hat.

    Let's reorganize the government (again)!

    J. P. Tangen, Special to Mining News|Updated Dec 5, 2024

    Here's to hoping that the Department of Government Efficiency finds a way to put some new wine into 4 million old bottles. Every once in a while, someone wakes up to the fact that, as Ronald Reagan so eloquently put it, "government is not the solution to the problem, government is the problem." Reagan's awakening was nothing new. Civil Service reform has been a topic of conversation for at least 100 years. Initially, it was intended to obviate the "spoils system," which...

  • A gloved hand installs a processor on a computer’s motherboard.

    China export ban deals blow to US economy

    Shane Lasley, Mining News|Updated Dec 5, 2024

    The cutoff of gallium and germanium could send America's GDP plummeting by $3.4 billion; antimony a top concern for the Pentagon. In a move that could deal a multibillion-dollar blow to the American economy and impact the nation's military readiness, China has completely banned the exports of gallium, germanium, antimony, and superhard materials to the United States. Gallium and germanium are essential ingredients for semiconductors used to make computer chips; and antimony...

  • A drill tests a large deposit of nickel during a snowy and foggy day in Alaska.

    Alaska Energy extends Eureka nickel zone

    Shane Lasley, Mining News|Updated Dec 5, 2024

    Drilling extends high-grade core zone southeast of the Eureka deposit on the company's Nikolai project. Alaska Energy Metals Corp. Dec. 3 announced that its 2024 resource expansion drilling at Nikolai has confirmed that the higher-grade core zone within the 8.1-billion-pound Eureka deposit extends at least another 600 meters to the southeast. According to a calculation completed in February, the Eureka deposit hosts 813 million metric tons of indicated resource averaging...