The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 226 - 250 of 1467
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...
Sixty North Gold Mining Ltd. Dec. 15 reported that sampling has identified two zones of elevated, copper, cobalt, nickel, and other metals along strike of the iron oxide-copper-gold (IOCG) discovery on its Mon gold property in Northwest Territories. Located about 40 kilometers (25 miles) north of Yellowknife, Mon is best known for its high-grade gold potential. A summer seasonal mine that operated at Mon from 1991 to 1997 produced 15,000 ounces of gold from 15,000 metric tons...
Optimum Ventures Ltd. Dec. 14 announced that it has acquired the Salmon gold property in the Hyder Mining District of Southeast Alaska. A TSX Venture Exchange-listed junior, Optimum has been exploring gold-silver projects near Hyder, Alaska, and just across the border in British Columbia's Golden Triangle since 2021. In November, Optimum announced that it had entered into an agreement to acquire all the shares of 1309762 B.C. Ltd., a private company that owns the Salmon...
HighGold Mining Inc. Dec. 8 reported that the final batch of assay results from its 2022 drilling of the Ellis Zone discovery provides further evidence of the potential for multiple high-grade gold deposits on its Johnson Tract gold project in Southcentral Alaska. JT Deposit at Johnson Tract hosts 3.49 million metric tons of indicated resource averaging 5.33 grams per metric ton (598,000 ounces) gold, 6 g/t (673,000 oz) silver, 5.21% (400.8 million pounds) zinc, 0.59% (43.1...
With mineral exploration expenditures nearly doubling over the past year, Nunavut has dethroned Yukon as the most popular Canadian territory to discover and expand deposits of industrial, precious, and critical minerals. According to preliminary estimates published by Natural Resources Canada, roughly C$232.4 million (US$173.7 million) will be spent on exploration and deposit evaluation in Nunavut this year, a 95% leap from over the C$119.2 million (US$89.1 million) invested... Full story
On the heels of its successful Macmillan Pass zinc-lead exploration play in eastern Yukon Territory, Fireweed Metals Corp. is making a bid to expand its project portfolio in what may be an astute move. Studying the region's geology, the junior jumped territorial boundaries to stake nearly 129 square kilometers (50 square miles) of lapsed claims covering all historic showings and anomalies of the historical Gayna River zinc-lead-gallium-germanium project in Northwest...
PhotonAssay tech offers a modern, faster alternative to fire assaying for gold analysis. Assays are the very crux of mineral exploration – timely results returned from the lab help guide the search for orebodies and let investors know that the dollars being poured into drilling and sampling is money well spent. With assay lab turnaround times in a post-COVID world being measured in months instead of weeks, mineral exploration geologists are without an important tool for v...
As we honor tradition and significant achievement toward mining, mineral exploration, or all-around trailblazing in Alaska, there are many individuals who have been immortalized through the Alaska Mining Hall of Fame. Among these legends is Wesley Earl Dunkle, whose impacts on Last Frontier aviation are as memorable as his mining exploits and possibly even more strongly felt today. In 2006, Charles Hawley chronicled Dunkle's high-flying Alaska exploits in a book titled...
An updated preliminary economic assessment for Pebble shows that a US$60 million royalty investment deal between Northern Dynasty Minerals Ltd. and an unnamed investor has a minimal impact on the economics of the proposed mine at the world-class copper project in Southwest Alaska. You can read about the sudden investment at Surprise $60 million investment for Pebble in the July 29, 2022, edition of North of 60 Mining News. "In the updated technical report we have detailed the...
Brixton Metals Corp. Nov. 2 announced that BHP Group Ltd. has agreed to invest at least C$13.4 million to acquire a 19.9% interest in the junior exploring the Thorn copper-gold project in Northern British Columbia. "We are excited to welcome BHP, a leading global resource company, to the Brixton share register and believe their investment speaks to the strength of the Thorn Project and Brixton's geological team," said Brixton Metals Chairman and CEO Gary Thompson. Under the...
Having identified 12 high-priority targets from high-resolution geophysical data, StrategX Elements Corp. is planning to conduct a first-phase, 2,000-meter diamond drill program on its Nagvaak project in Nunavut. Nagvaak is one of three projects that the aggressive junior is exploring in the Far North territory's mineral-rich Melville Peninsula. StrategX said it has defined drill targets with potential for a major discovery in energy transition metals on the Nagvaak property...
American Pacific Mining Corp. Oct. 31 finalized the acquisition of Constantine Metal Resources Ltd., providing the well-funded exploration and development company a roughly 45% interest in Palmer, a volcanogenic massive sulfide zinc-copper-silver-gold-barite mine project being advanced under a joint venture with Dowa Metals & Mining Alaska Ltd. "This is a transformational step for American Pacific as the Palmer Project gives us an established PEA-stage asset with a tremendous...
From antimony historically mined near the Interior Alaska city of Fairbanks to the zinc and germanium produced at the Red Dog Mine, America's 49th State is a past producer, and a potential future source of the minerals and metals deemed critical to the United States. Earlier this year U.S. Geological Survey updated and expanded its list of critical minerals to include 50 minerals and metals essential to the economic or national security of the U.S. and which has a supply... Full story
Miner fatality at Brucejack puts a hold on plans to ramp up Golden Triangle mining. Newcrest Mining Ltd.'s Red Chris and Brucejack mines in British Columbia's Golden Triangle produced 101,636 ounces of gold and 19.2 million pounds of copper during the third quarter of 2022. The precious and base metals output at the Australia-based company's two Northern BC operations, however, was overshadowed by an Oct. 22 fatality at Brucejack, the newest addition to Newcrest's portfolio....
ATAC Resources Ltd. Oct. 12 announced that the results of its initial phase of surface exploration at PIL has turned up some of the highest-grade copper ever discovered on this property in the heart of British Columbia's Toodoggone district. The first phase of exploration at PIL included prospecting, mapping, hyperspectral alteration sampling, soil sampling, and induced polarization (IP) geophysical surveys. A total of 295 rock samples and 589 soil samples were collected and...
For this special spooky edition, North of 60 Mining News is revisiting some of the most bizarre and disturbing ghost towns in its northern coverage area. From one of the most haunted places in Alaska to a practically unknown trading post in Nunavut, enjoy this eerie account of places that once thrived but are now all but forgotten with nary the skeleton of infrastructure to prove its existence. Let us peer into the oftentimes short-lived bastions of civilization that, for... Full story
HighGold drilling expands gold-rich Ellis Zone north of 1M oz JT Deposit. With the latest batch of assay results showing the drills are continuing to cut broad layers of high-grade gold at Ellis Zone, it appears that HighGold Mining Inc. is beginning to outline a second gold-rich polymetallic deposit at its Johnson Tract project in Southcentral Alaska. JT, the first deposit outlined on the 20,942-acre Johnson Tract property, hosts 3.49 million metric tons of indicated...
Develops strategy to be the world's critical minerals supplier of choice Understanding that the renewable energy and electric vehicle revolution offers a "generational opportunity for Canada and its world-class mining sector," Ottawa is leveraging the nation's wealth of critical minerals to become a powerhouse that feeds raw materials into resource-hungry clean energy and technology supply chains. "Canada's Critical Minerals Strategy will position Canada as the global supplier...
American West Metals Ltd. Sept. 28 reported that assays confirm that its deep discovery drilling at Storm has encountered a new style of sediment-hosted copper-zinc mineralization below the high-grade copper at this northern Nunavut project. In August, the Australia-based exploration company reported that hole ST22-10 cut 68.8 meters of mineralization from a depth of 277 meters. This hole was drilled to test a deep electromagnetic geophysical anomaly below the high-grade...
HighGold Mining Inc. Sept. 12 announced that its 2022 drilling is extending high-grade gold mineralization at Ellis Zone, a recently identified mineralized trend associated with the bonanza-grade gold drilled last year at the Difficult Creek (DC) prospect on the company's Johnson Tract property in Southcentral Alaska. Johnson Tract is currently anchored by JT Deposit, which hosts 3.49 million metric tons of indicated resource averaging 5.33 grams per metric ton (598,000...
In spite of the current uncertainty regarding a final decision by the Environmental Protection Agency, Northern Dynasty Minerals Ltd. and Pebble Limited Partnership has outlined the potential locations and solutions of a tailings pond for the proposed world-class copper-gold-silver-rhenium mine in Southwest Alaska. To alleviate concerns over the environmental impacts a mine like Pebble would have on the surrounding waters, especially the Bristol Bay watershed that supports...
Coming together to build North America's clean energy and e-mobility future The shift away from the fossil fuels that powered the Industrial Revolution and transported humankind through the 20th century, and toward the clean energy technologies that will propel us into the future, has the world at an inflection point – the decisions we make on how to supply, use, and recycle the minerals and metals that are the basic building blocks of the Renewable Energy Revolution will s...
Replacing this oft-maligned lithium-ion battery metal comes at a cost Traditionally a headline-grabbing metal due to the perceived human rights and monetary costs it adds to lithium-ion batteries and the electric vehicles they power, cobalt is being overshadowed by the enormous demand and price increases for the lithium and nickel that also go into the storage cells that deliver the "E" to the EV revolution. Cobalt, however, continues to be a vital ingredient that improves...
Tesla and other automakers clamor for nickel suppliers with low CO2 footprint Tesla CEO Elon Musk's 2020 appeal to "please mine more nickel" served as a rallying cry for mining companies with projects positioned to deliver this critical battery metal into global markets. Going into 2022, however, the electric vehicle trailblazer's words were echoing in nearly empty warehouses as the lithium-ion batteries that power EVs are demanding more nickel than global miners can supply....
Electric Vehicles require six times the minerals than their fossil fuel forebearers With even the most basic models boasting sophisticated driver-assist, navigation, infotainment, diagnostics, and other advanced digital systems being fed power from oversized versions of the lithium-ion batteries found in your laptop or smartphone, electric vehicles are becoming personal computers that you can drive. While this puts a whole new spin on the term mobile computing, riding around i...
