The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 101 - 125 of 1467
Fireweed Metals Corp. Dec. 28 gave a year-end review of its accomplishments from 2023 and ushered in the new year with expectations to continue advancing its flagship Macmillan Pass zinc-lead-silver-copper project in southeast Yukon, the adjacent world-class Mactung tungsten project spanning the Northwest Territories-Yukon border, and its Gayna River zinc-lead-silver project about 180 kilometers (112 miles) north of MacPass in NWT, Canada. "2023 has been another extraordinary...
Cascadia Minerals Ltd. Jan. 4 announced an update on the company's Catch property in Canada's Yukon as well as the final diamond drilling results from its 2023 exploration program, culminating in a brief end-of-year review and its plans moving forward into 2024. Last year, Cascadia Minerals (formerly ATAC Resources Ltd.) cut a deal with Hecla Mining Company to sell several of its core properties in an effort to branch into the energy metal sector. With Hecla taking over the...
Shifting its immediate focus to potentially more lucrative opportunities in the lithium mining sector, Rover Metals Corp. reported plans Dec. 11 to put its Cabin Lake gold project in Northwest Territories up for sale after nearly five years of exploration. The 400-hectare (988 acres) Cabin Lake project is located about 110 kilometers (69 miles) northwest of Yellowknife, the territory's capital, and 40 kilometers (25 miles) northwest of the community of Behchokǫ̀. Rover M...
Nova Minerals Ltd. Jan. 2 reported that it plans to follow up on the 2023 exploration success at Estelle with a 2024 program that will include prefeasibility level mining studies, along with continued drilling at the higher-grade RPM deposit and Train target areas at the southern end of this 198-square-mile (513 square kilometers) land package about 100 miles northwest of Anchorage, Alaska. "The work we conducted in 2023 has continued to illustrate the unique opportunity that...
Seabridge Gold Inc. Dec. 20 reported that its 2023 Iskut drill program has expanded the known Bronson Slope copper-gold deposit on its Iskut project in Northern British Columbia and confirmed an extensive area of magmatic-hydrothermal alteration sourced from an apparently very large porphyry mineral system at depth. Located about 30 kilometers (19 miles) west of Seabridge's world-class KSM mine project, Iskut is home to the 1980s-era Johnny Mountain gold-silver-copper mine....
Dolly Varden Silver Corp. Dec. 20 announced that it has entered into a deal to consolidate ownership of Big Bulk, a porphyry copper-gold project about 10 kilometers (six miles) east of the company's Kitsault Valley gold-silver project at the southern tip of British Columbia's Golden Triangle. Big Bulk, which covers what is interpreted to be the northernmost of a string of several porphyry mineralized systems that extend 30 kilometers (19 miles) south to New Moly LLC's...
Thesis Gold Inc. Dec. 20 reported that its 2023 drill program has cut strong gold mineralization at JK Zone, a sparsely drilled target between the Thesis Structural Corridor and Bonanza-Ridge Zone on the company's Ranch project in the Toodoggone mining district of Northern British Columbia. "The overall area of known mineralization at Ranch continues to expand, demonstrating the significant upside that remains beyond the known zones of mineralization," said Thesis Gold...
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...
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...
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...
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....
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...
After establishing its position as a leading zinc-lead-silver explorer in northern Canada, Fireweed Metals Corp. set out in late 2022 to broaden its focus in both geography and commodities. Partly defying the age-old adage to stick to what you know, the longtime explorer of the district-scale Macmillan Pass zinc-lead-silver project ventured across the border into Northwest Territories to acquire two projects. While the Gayna River zinc-lead-silver-gallium-germanium project is...
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...
State's inaugural sustainability report details the ESG advantages of looking North to Alaska for energy transition metals. The global energy transition has steered Alaska to a critical minerals crossroad that will shape the economic future of America's Last Frontier. On the one hand, the push for low-carbon energy is expected to put a dent in the demand for petroleum, which has been Alaska's economic lifeblood for more than five decades. On the other, Alaska happens to be...
Western Copper and Gold Corp. Nov. 28 announced that after making an initial investment in 2021, Rio Tinto has elected to provide an additional C$6 million (US$4.4 million) to help the company continue advancing Western's world-class Casino project in the Yukon. In May 2021, Rio Tinto invested C$25.6 million (US$18.9 million) to purchase 11.8 million Western shares at C$2.17 per share, marking a roughly 8% stake in the Yukon-focused copper mine development company's...
American West Metals Ltd. Nov. 27 reported that surface samples with as much as 38.2% copper and 30.8% zinc have been collected from Tempest, a prospect about 40 kilometers (25 miles) south of the high-grade Storm Copper targets drilled this year on a 219,257-hectare (541,796 acres) property being explored by the company on Nunavut's Somerset Island. This district-scale property covers the Storm Copper project, a roughly 100-kilometer (60 miles) trend prospective for copper,...
From Pentagon's $37.5M grant to Graphite One to emerging nickel deposits, critical minerals are a hot AK mining topic. With Washington investing billions of dollars into ensuring safe and secure critical mineral supply chains, many mining companies are focusing more sharply on unlocking Alaska's potential to be a domestic source of the 50 minerals and metals critical to America's economic well-being and national security. The growing list of critical minerals being sought...
World's top gold mining company adds two Golden Triangle mines to its two large gold-copper projects in Northern BC. In a historic deal that adds to Newmont Corp.'s position as the world's largest gold producer while also substantially boosting its production of the copper needed for the energy transition, the Colorado-based mining company has completed the roughly US$19 billion buyout of Newcrest Mining Ltd. "Today marks a historic milestone in our company and the industry...
Teck to receive a total of $8.2B for coal assets in Southern BC; cash infusion to bolster focus on clean energy metals. In a deal that finds a middle ground between the ambitions and future visions of two mining companies, Teck Resources Ltd. has agreed to sell its steelmaking coal assets in Southern British Columbia to Glencore for around US$6.9 billion. "This sale will ensure Teck is well-capitalized and able to realize value from our base metals business and deliver strong...
Cascadia Minerals Ltd. Nov. 16 announced that the first two holes ever drilled at Catch encountered the porphyry copper-gold the company had hoped to find at this project in Yukon, Canada. Earlier this year, Hecla Mining Company cut a deal to buy out ATAC Resources, keeping the precious metals enriched Rackla and Connaught properties in the Yukon and spinning out the rest of ATAC's properties into Cascadia. Managed by the former ATAC team and backed by an initial C$2 million...
Gladiator Metals Corp. Nov. 16 announced an update from its ongoing data compilation over the Whitehorse Copper project, identifying significant widths of unmined, copper-gold skarns within the historic Little Chief mine trend in Yukon, Canada. Whitehorse Copper is a 5,380-hectare (13,294 acres) copper-molybdenum-silver-gold skarn exploration project that covers a significant portion of what has historically been known as the Whitehorse Copper Belt. Located practically in the...
HighGold Mining Inc. Nov. 20 announced an update for its 2023 exploration and development program, as well as the final drill results from its Johnson Tract project in Southcentral Alaska. "We had a busy and productive field season this year," said HighGold Mining President and CEO Darwin Green. "We completed a significant drill program aimed at expanding existing zones and targeting new discoveries. Results from the drill program are encouraging and will serve to inform...
Navigating the tumultuous waters of controversy and impassioned discourse, let us take a step back and embark on a journey through the history of an Alaska copper project that has proven to be as divisive as it is essential. Perhaps by exploring the compelling narrative of the Pebble Mine project, where the pursuit of precious resources indispensable for a zero-carbon future intersects with the call for environmental stewardship to safeguard heritage and a very way of life,...
