The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 11 of 11
Western Alaska Minerals Corp. Dec. 7 reported that it is narrowing in on what appears to be a deeper horizon of silver-rich carbonate replacement deposit mineralization at the Last Hurrah target on the company's Illinois Creek property about 300 miles west of Fairbanks, Alaska. CRD mineralization was discovered at the Waterpump Creek target on the Illinois Creek property by Anaconda in 1982 and was further investigated by Novagold Resources Inc. in the early 2000s. This work...
Freegold Venture Ltd. Dec. 4 reported that results from its 2023 drill program continue to demonstrate that mineralization extends well west of the 20-million-ounce Dolphin-Cleary gold deposit on the company's Golden Summit project about 25 miles north of Fairbanks, Alaska. According to a March calculation, the Dolphin-Cleary deposit hosts 407.54 million metric tons of open-pit mineable indicated resource averaging 0.92 grams per metric ton (12 million oz) gold, plus 282.3...
Li-FT Power Ltd. Dec. 5 announced the next batch of assays from its massive 2023 drill program, keeping up with the consistent lithium grades at the re-emerging Yellowknife Pegmatite Province in Northwest Territories. Acquiring its various properties in the historically forgotten Yellowknife Pegmatite Province in January, Li-FT began its first season with a 34,238-meter drill program just a few months after its inception. Assembling a 141,572-hectare (349,832 acres) land...
Alaska Energy Metals Corp. Dec. 5 reported additional long intercepts of nickel-copper-cobalt-platinum group metals mineralization in resource expansion drill holes in the Eureka Zone of the company's Nikolai project in Alaska. In November, Alaska Energy announced an inaugural resource for the Eureka Zone. According to this calculation, two pits along the 10-mile- (16 kilometers) long Eureka Zone host 319.6 million metric tons of inferred resource averaging 0.22% (1.55...
Thesis Gold Inc. Dec. 7 reported strong gold mineralization at the Steve Zone, a new gold target on the company's Ranch property in the Toodoggone mining district of Northern British Columbia. In August, Thesis finalized a merger with Benchmark Metals Inc. that consolidates its Ranch property with the adjacent Lawyers property held by Benchmark into a single 325-square-kilometer (125 square miles) gold-silver project. Lawyers, the most advanced of the two properties, hosts...
Anticipating the economic jackpot expected to occur for the Yukon once Western Copper and Gold Corp.'s world-class Casino project kicks into full swing, the territorial government approved a C$21.4 million (US$15.8 million) investment in the Alaskan city of Skagway for its ongoing port redevelopment project. As part of its larger Skagway Port Master Plan, the small port city located on the northern end of the Alaskan Panhandle that borders the Yukon relies primarily on...
Fortune Minerals Ltd. Dec. 5 announced that it has received federal and provincial funding for Nico, a vertically integrated cobalt-gold-bismuth-copper project that is slated to include a mine in Northwest Territories and a hydrometallurgical refinery in Alberta. Lying about 150 road-kilometers (95 miles) north of the Canadian rail system at Hay River, Northwest Territories, Nico is a near-development stage mine project that includes an intriguing mix of critical and precious...
Klondike Gold Corp. Dec. 6 announced that drilling tapped strong gold mineralization at the Gay Gulch target on the company's Klondike District Gold Project in Yukon, Canada. Located roughly 20 kilometers (12 miles) southeast of Dawson City, the Klondike District Gold Project is comprised of 3,913 quartz claims in one contiguous land package covering 727 square kilometers (452 miles) of the famed Yukon gold district. Advancing the project for over a decade, Klondike's land...
At this point, it is safe to say the company has discovered the motherlode at its Valley target. Snowline Gold Corp. Dec. 6 announced its strongest near-surface interval drilled to date at the Valley target located on the company's flagship Rogue project in Yukon, Canada. Following a trend of incredible drill intercepts, each spanning hundreds of meters and returning consistently strong grades, Snowline has once again revealed an interval spanning more than 500 meters...
North Arrow Minerals Inc. Dec. 4 announced highly encouraging assays from its sampling programs at the MacKay and LDG lithium projects in Northwest Territories that validate the company's decision to branch into energy metal exploration. Located within the Lac de Gras kimberlite field, home to the world-class Ekati and Diavik diamond mines, the LDG lithium project resides near the easternmost portion of a diamond exploration property just south of Diavik. Just 10 kilometers (6...
Brixton Metals Corp. Dec. 1 reported that its exploration drilling continues to encounter intriguing gold mineralization at the Trapper target on the company's Thorn copper-gold project in Northern British Columbia. Lying in the northwestern corner of BC and about 55 miles (90 kilometers) east of Juneau, Alaska, the 2,863-square-kilometer (1,105 square miles) Thorn project hosts both porphyry copper-gold-silver-molybdenum and high-grade epithermal gold targets. BHP Group...