The mining newspaper for Alaska and Canada's North
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Drills cut strong silver, zinc, lead, and critical minerals beyond the current deposits; property-wide exploration indicates larger potential. Coeur Mining Inc. Dec. 18 reported that the 20,827-meter drill program carried out at Silvertip this year has more than doubled the strike length of the Southern Silver Zone deposit at this advanced-stage exploration project in Northern British Columbia. Silvertip had just begun operations when Coeur bought the project in 2017. The...
Kensington gold mine owner commits $100,000 to support UAS diesel and welding programs for high schoolers. Coeur Alaska Inc. has committed to investing $100,000 to cover tuition and fees for local high school students taking diesel and welding courses at the University of Alaska Southeast (UAS) School of Career and Technical Education in Juneau. "We are excited to partner with UAS on this workforce development initiative," said Steve Ball, general manager at Coeur Alaska's...
Acquisition comes with a high-grade, low-cost Mexico mine that is expected to boost Coeur's silver, gold, and cash production. In a deal that will elevate its silver production to roughly 21 million ounces per year and gold output to 432,000 oz/y, Coeur Mining Inc. has agreed to acquire SilverCrest Metals Inc. in an all-shares deal worth $1.7 billion. "The acquisition of SilverCrest creates a leading global silver company by adding low-cost silver and gold production and...
Plans for 1,000 meters in six holes at silver property in Yukon's famed Keno Hill District. Silver North Resources Ltd. Aug. 27 announced that it will begin drilling at its Haldane property in Yukon in early September, targeting high-grade silver mineralization at the West Fault and Bighorn areas. Located about 22 kilometers (14 miles) west of Hecla Mining Company's Keno Hill silver mine, the 8,164-hectare (20,174 acres) road-accessible Haldane property has a history of...
Mining's benefits to the state's economy are poised to grow as the world seeks sustainable sources of the minerals Alaska is enriched with. A new study carried out by Alaska-based McKinley Research Group found that mining and minerals exploration contributed over $2.5 billion to Alaska's economy during 2023. "The mining industry continues its role as a powerhouse of Alaska's economy, partnering with local communities to drive significant economic benefits and support...
Southeast Alaska mine on pace to produce 100,000 oz this year; exploration at Kensington and Silvertip show future promise. Coeur Mining Inc. Aug. 7 reported that its Kensington Mine in Southeast Alaska heads into the second half of 2024 on track to produce roughly 100,000 ounces of gold this year, and the summer exploration program at the Silvertip mine project in Northern British Columbia is now underway. "Improved operating performance at Kensington was especially...
Targets high-potential CRD mineralization similarly seen at Silvertip. Silver North Resources Ltd. July 3 announced that Coeur Mining Inc. has begun drilling at the Tim property under an option agreement to earn up to an 80% interest in the silver-lead-zinc project in Yukon, Canada. Located roughly 72 kilometers (45 miles) west of Watson Lake and 19 kilometers (12 miles) north of Coeur Mining's Silvertip silver-zinc-lead mine project in Northern British Columbia, the Tim...
Multi-year program continues to extend high-grade gold zones and discover new mineralization at the Southeast Alaska mine. Coeur Mining Inc. June 27 reported that its multi-year exploration program at Kensington continues to deliver wide drill intercepts with high-grade gold at this mining operation in Southeast Alaska. In mid-2022, Coeur launched a roughly $80 million exploration program at Kensington focused on extending the life of this high-grade underground mine beyond...
Adds three new prospective targets, two of which hold CRD potential. Silver North Resources Ltd. May 14 announced the completion of an option agreement with three private prospectors, securing rights to the carbonate replacement deposit prospective GDR project in southern Yukon. Rebranding as Silver North Resources (formerly Alianza Minerals) to better reflect its goals in searching for the precious metal necessary to the clean energy transition, the company's exploration has...
Pogo Mine owner is underwriting A$4.9M financing by Australia-based junior exploring Alaska Range. PolarX Ltd. Feb. 27 announced that Northern Star Resources Ltd. has agreed to participate in a financing that would earn the Australia-based gold producer a 28.5% interest in the junior exploration company. Both Australia-based companies have interests in Alaska – Northern Star owns and operates the high-grade Pogo gold mine, and PolarX is exploring the district-scale Alaska R...
Rebrands to reflect its new focus on silver through its highly prospective Haldane and Tim properties in Yukon. Silver North Resources Ltd. Feb. 29 announced a summary of its accomplishments during 2023 and plans for the upcoming year as rebranding from Alianza Minerals Ltd. best reflects the company's focus on silver as it continues to advance its Haldane and Tim silver properties in Canada's Yukon. "Rebranding as Silver North Resources Ltd. is a strategic move to focus on...
7 exploration returned mixed results for the Kensington Mine in Alaska, Silvertip project in BC. Coeur Mining Inc. Feb. 20 reported a slight drop in reserves but a significant rise in the amount of gold, silver, zinc, and lead reporting to resources across its four operating mines and two advanced exploration projects. This includes modest resource growth at its Silvertip silver-zinc-lead project in Northern British Columbia and a slight drop of gold in resources at its...
Lying just deep enough into the mining frontier that value of its world-class deposits copper, gold, silver, nickel, and other metals has not been fully realized, yet home to the industrial-grade hydropower, road access, and Pacific Rim ports needed to unlock its vast mineral potential, Northern BC is well-positioned to be a major source of precious, base, and critical metals in the 21st century. This particularly mineral-rich section of the Canadian Cordillera also happens...
With Donlin Gold reentering the feasibility study stage, Ambler Metals waiting on the reevaluation of the permit needed for a road to the Ambler Mining District, and an overall lack of investment capital, mineral exploration spending in Alaska dropped during 2023. While the overall sector was down, there continued to be some bright spots – most notably, a growing interest in Alaska's critical minerals potential. In July, the U.S. Department of Defense awarded Graphite One I...
Is it time for BC, Yukon, Alaska to forge an alliance to unlock critical mineral wealth, usher in new era of prosperity in the 21st century? The extremely mineral-rich geology that sweeps in a roughly 1,500-mile (2,600 kilometers) arc from the southern tip of British Columbia's Golden Triangle, through the Yukon, and onward to Alaska's west coast does not recognize the borders it spans. Likewise, the opportunities and challenges related to unlocking the precious, industrial, a...
One hole returns 4.9m of 3,053 g/t silver-equivalent; Exploration VP says most potent part of deposit is yet to be drilled. Coeur Mining Inc. Jan. 22 reported that the high-grade silver, zinc, and lead encountered during the 2023 drill program at Silvertip further demonstrates the potential for this Northern British Columbia mine project to be a cornerstone asset for the company moving forward. Since acquiring Silvertip in 2017, Coeur has invested roughly US$60 million into...
Over the past five years, Coeur Mining Inc. has invested nearly US$245 million into drilling and other exploration initiative aimed at building reserves and resources at its five operations and projects in the United States, Mexico, and Canada. "Through significant multiyear investments in expansions and exploration at our North American assets, we're rapidly nearing the point where we expect to see the benefits of these investments accrue to our stockholders," said Coeur...
Launches a 1.5- year program to explore wider potential of high-grade silver-zinc-lead project in Northern BC. With recent exploration indicating that the resource outlined at Silvertip may be just a portion of a much larger mineralized system, Coeur Mining Inc. is launching a comprehensive exploration program at this high-grade silver mine project in the northernmost reaches of British Columbia. Going into 2023, Silvertip hosted 7.04 million tons of measured and indicated...
British Columbia's Golden Triangle is poised for a mining boom that raises the bar when it comes to achieving the higher environmental, social, and guidance expectations for companies that produce the gold, silver, copper, and other metals the world needs and wants. While this mineral district in BC's northwest corner is famed for its rich stores of copper, gold, and silver – and to a lesser degree, nickel, cobalt, platinum group metals, and other critical minerals – the ESG...
Coeur Mining Inc. is highly encouraged by the results from the 2022 drilling at its Silvertip silver-zinc-lead mine project in Northern British Columbia and Kensington gold mine in Southeast Alaska early in 2022. In fact, early 2022 results at these two northern assets, along with the Palmarejo silver-gold mine in Mexico, prompted the Chicago-based mining company to boost its exploration budget to more than US$50 million last year. "During a period of underinvestment within ou...
Working with First Nations is key to unlocking the Golden Triangle's vast potential. A world-class copper-gold district that is also enriched with nickel, cobalt, platinum group metals, and other critical minerals, the Golden Triangle region of Northern British Columbia is poised to be a major supplier of the mined commodities critical to a low-carbon future, cutting-edge technologies, and strong global economies. "Responsible mineral exploration and development are critical...
Northern Star Resources Ltd. Dec. 21 acquired a 10% interest in mineral exploration company PolarX Ltd. Both Australia-based companies have interests in Alaska – Northern Star owns and operates the high-grade Pogo gold mine, and PolarX is exploring the district-scale Alaska Range copper-gold-silver project about 100 miles (165 kilometers) southwest of Pogo. For Northern Star, Pogo Mine is the company's first operation outside of Australia. The major gold producer with a m...
Victoria Gold Corp. Oct. 17 announced a successful repair of the overland conveyor belt at Eagle and operations have resumed at the company's gold mine in the Yukon. On Oct. 4, Victoria Gold reported that the 1,500-meter overland conveyor belt linking the crushing plant to the heap leach facility experienced a splice failure on Sept. 29. During the belt's replacement, mining, leaching, and gold recovery plant activities remained in operation while crushing, conveying, and...
"Grade is king" is an adage that guides mineral exploration and mining. The premise behind this basic axiom of the mining business is the less ore that needs to be mined and processed per ounce of precious metals, pound of base metals, kilogram of critical minerals, or carat of gemstones produced, the more profitable an operation will be. The kingliest of orebodies would be of such high grade that a mining company would simply need to dig up the ore, crush it, and then ship it...
Graphite One Inc. June 1 named mining veteran Mike Schaffner as senior vice president, mining of its Alaska subsidiary, Graphite One (Alaska) Inc., effective July 1. "I'm excited to join the Graphite One team as the company moves into its next phase of development," Schaffner said. "I've been involved at every stage in the development process, from design to start-up, into operation and closure. I'm ready to help the team realize G1's tremendous potential of becoming...