The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 7 of 7
Freegold Ventures Ltd. Dec. 12 provided an update on Golden Summit, a bulk tonnage gold project located along the Steese Highway about 25 miles north of Fairbanks, Alaska. A preliminary economic assessment completed for Golden Summit earlier this year proposed the development of an initial stand-alone valley heap leach operation focused on the existing oxide portion of the resource, taking into account the potential for oxide resource growth, with a staged approach to a larger milling scenario. The PEA evaluates a 20,000...
Skeena Resources Ltd. Dec. 12 released the final results from the 2016 drill program at its Spectrum-GJ and announced the start of s preliminary economic assessment for this newly expanded gold-copper property in the Golden Triangle of northwestern British Columbia. This year's program included 2,872 meters of drilling in eight holes at the Donnelly deposit on the GJ side of the property and 6,279 meters in 22 holes at the Central zone on the Spectrum side of the property. In 2015, Skeena cut a deal to buy full ownership of...
Alexco Resource Corp. Dec. 8 reported numerous silver-rich intercepts among the results from the final 32 holes of its 2016 drill program in the Bermingham deposit area of the Keno Hill Silver District in the Yukon. Highlighted intercepts include 7.16 meters grading 4,375 grams per metric ton (140.7 ounces per ton) silver, and 3.98 meters grading 6,477 g/t (208.2 oz/t) silver in the extensively mineralized Bear Vein; and an initial intercept of the newly discovered West Dipping Vein averaging 1,676 g/t (53.9 oz/t) silver...
The mining company that’s been working Southeast Alaska’s rare earths project is enthusiastic about President-elect Donald Trump’s support for an independent U.S. strategic metals industry, which Ucore Rare Metals’ top executive says will favorably impact its plans for a domestic Strategic Metals Complex. According to Jim McKenzie, president and CEO of Ucore, China controls more than 90 percent of the global mining and production of rare earths ore and exhibits “near complete control over each subsequent stage of the suppl...
IDM Mining Ltd. Dec. 13 said it has engaged JDS Energy and Mining to lead the engineering and consulting firms completing a feasibility study for the Red Mountain gold-silver project near Stewart, British Columbia. "We are pleased to work with JDS on the Red Mountain feasibility study," said IDM Mining President and CEO Rob McLeod. "Their recent experience in authoring a number of successful feasibility studies for mines in Canada and internationally, the construction and commissioning of the Silvertip Mine in northwest BC...
Endurance Gold Corp. Dec. 8 reported final results from a four-hole drill program completed this year at its Elephant Mountain gold property in Interior Alaska, about 76 miles northwest of Fairbanks. In late October, the company reported 4.6 meters of 4.09 grams per metric ton gold in EL 16-14A, a hole drilled at the South zone target at Elephant Mountain. EL 16-14, drilled about 1,400 meters to the north, encountered a broad zone of gold mineralization in the North zone....
Kennady Diamonds Inc. Dec. 12 published a maiden resource estimate for the Kelvin kimberlite at its Kennady North diamond project in Northwest Territories. According to this inaugural calculation, the Kelvin kimberlite hosts an indicated resource of 13.62 million carats of diamonds contained in 8.5 million metric tons of kimberlite averaging 1.6 carats per metric ton and an average value of US$63 per carat. Kennady said this resource was determined through the collective...
