The mining newspaper for Alaska and Canada's North

Articles from the December 15, 2023 edition


Sorted by date  Results 1 - 9 of 9

  • White Gold’s campsite in the White Gold District of Yukon, Canada.

    Agnico funds another year for White Gold

    A.J. Roan, Mining News|Updated Feb 22, 2024

    White Gold Corp. Dec. 13 announced that it closed a C$5.1 million (US$3.8 million) that included continued financial backing by partner Agnico Eagle Mines Ltd, which is increasing its 19.5% share to 19.85%, and ultimately financing White Gold's 2024 exploration program. "We are very appreciative for the continued support of our strategic shareholders and are now fully funded for an impactful 2024 exploration program following the success of this past season where we continued...

  • Gov. Dunleavy and four workers in front of a Ruen Drilling rig at Estelle.

    Expanding high-grade gold at RPM North

    Shane Lasley, Mining News|Updated Jan 4, 2024

    Nova Minerals Ltd. Dec. 11 reported that its 2023 drilling has cut broad sections of high-grade gold with resource upgrade and expansion drilling at the RPM North deposit on its Estelle property in Alaska. "These latest drilling results at RPM North confirm the consistency of mineralization and also clearly indicate the potential for resource growth, both in terms of size and confidence," said Nova Minerals CEO Christopher Gerteisen. "Several drill holes intersected...

  • Map and long-section of geophysical anomalies at Silver Lime.

    Core Assets identifies porphyry targets

    Shane Lasley, Mining News|Updated Dec 22, 2023

    Core Assets Corp. Dec. 14 reported that an induced polarization geophysical survey carried out in August has identified two large porphyry targets below the zinc-lead-silver-copper mineralization found at surface along a 2,400-meter-long trend at Silver Lime, a carbonated replacement deposit (CRD)-porphyry project on the company's Blue property in Northern British Columbia. Lying alongside the Alaska border in BC's Atlin Mining District, Blue is a 275,890-acre (111,650...

  • Mining executive behind a podium on a stage backed by red velvet curtains.

    Seeking a miracle from American miners

    Shane Lasley, Mining News|Updated Dec 21, 2023

    Massive increase in mining needed to bridge abyss to US's clean energy ambitions; a bad reputation holds the sector back. RENO, Nev. – With policymakers, regulators, automakers, and the public at large looking for "a miracle" from the American mining sector, National Miners Day 2023 was like no other for the more than 1,800 industry representatives that convened for the American Exploration & Mining Association's annual meeting and convention. The miracle being asked of the mi...

  • A large, exposed ridge of lithium-bearing spodumene pegmatite in the YPP.

    Li-FT powered by initial Echo lithium

    A.J. Roan, Mining News|Updated Dec 14, 2023

    Li-FT Power Ltd. Dec. 12 announced the first assays from drilling at the "Further Afield Group" of pegmatite targets returned lithium grades very much in line with the values encountered at its primary "road-access" group of Yellowknife Lithium project claims some 50 kilometers (30 miles) to the west. The company's 141,572-hectare (349,832 acres) is an assemblage of claim blocks that cover some of the most prospective lithium targets found within the Yellowknife Pegmatite...

  • Drill tests for copper and gold on a heavily mineralized mountain slope in BC.

    Further evidence of large Iskut porphyry

    Shane Lasley, Mining News|Updated Dec 14, 2023

    Seabridge Gold Inc. Dec. 14 announced that its first-ever drilling at Snip North discovered the upper parts of a new copper-gold porphyry system that may be part of a much larger mineralized trend on the company's Iskut project in British Columbia's Golden Triangle. Iskut, which is about 30 kilometers (19 miles) west of Seabridge's world-class KSM mine project, is home to the 1980s-era Johnny Mountain gold-silver-copper mine. Over the past four years, Seabridge has focused...

  • A section of drill core with bands of metallic gold-colored mineralization.

    Brixton drills a mile of copper at Thorn

    Shane Lasley, Mining News|Updated Dec 14, 2023

    Brixton Metals Corp. Dec. 13 announced that drills are continuing to cut nearly one-mile-thick zones of porphyry copper-gold-silver-molybdenum mineralization at the Camp Creek target on the company's Thorn project in Northern British Columbia. Situated 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. Late last year, BHP...

  • A bird’s eye view of the numerous roads cutting through AurMac.

    Banyan completes 75% McQuesten earn-in

    A.J. Roan, Mining News|Updated Dec 14, 2023

    Banyan Gold Corp. Dec. 13 announced a significant milestone in its exploration journey on the company's Yukon-based holdings, with the successful acquisition of 75% earn-in of the McQuesten half of its AurMac property. 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, the Aurex and McQuesten properties, or AurMac, cover three gold deposits – with McQuesten holding the A...

  • Hand holding a highly copper mineralization grab sample.

    New copper challenger bared for Gladiator

    A.J. Roan, Mining News|Updated Dec 14, 2023

    Gladiator Metals Corp. Dec. 11 announced that its second phase of drilling discovered a new zone of high-grade copper mineralization at the Cowley Park target on the company's Whitehorse Copper project in Yukon, Canada. "Drilling continues to define the continuity and scale of high-grade copper mineralisation at Cowley Park as well as providing further definition to the potentially significant coincident molybdenum mineralisation," said Gladiator Metals CEO Jason Bontempo....