The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 476 - 500 of 1467
Restructured and under new leadership, Heatherdale Resources Ltd. is gearing up for a drill program to expand some of the high-grade targets at its Niblack copper-gold-silver-zinc project on Prince of Wales Island in Southeast Alaska. Heatherdale, which had advanced Niblack to the brink of considering the feasibility of mining the high-grade volcanogenic massive sulfide mineralization found there, became hampered by debt during the economic hardships endured by the junior...
Newcrest Minerals Ltd. and Imperial Metals Corp. Dec. 10 reported results from 12,652 meters of drilling completed at the Red Chris copper-gold mine property in Northern British Columbia since the end of September. This drilling included six holes focused on the discovery of additional zones of higher-grade mineralization within the Red Chris porphyry corridor and two geotechnical holes. Newcrest reports that all six exploration holes encountered mineralization. One of the...
Copper Fox Metals Inc. Nov. 24 reported that it is having a preliminary economic assessment completed for Schaft Creek, a copper-gold-molybdenum project in northwestern British Columbia being advanced under a joint venture between Teck Resources Ltd. (75%) and Copper Fox (25%). Prior to the 2013 formation of this JV, Copper Fox had a feasibility study prepared that detailed a 130,000-metric-ton-per-day open-pit mining operation at Schaft Creek estimated to produce 4.88...
Resting on the eastern fringe of the Misty Fjords National Monument, at the head of Portland Canal, the Southeast Alaska mining town of Hyder survives through a symbiotic relationship with Stewart, a British Columbia mining town that lies just two miles (3.2 kilometers) to the east. Persisting for over a century as a town that identifies more closely with its Canadian neighbor than distant Alaska towns, Hyder found its lifeline being nearly cut off by the coronavirus...
As a private company, Western Alaska Copper & Gold Company has done a great job steadily advancing the multiple precious and base metals deposits and targets across its 34,000-acre Illinois Creek Mining District property in western Alaska. Given the success of this work, especially a 2020 program that indicates the viability of resuming operations at the historic Illinois Creek gold-silver mine, management is taking the exploration company public on Canada's TSX Venture Exchan...
With the acquisition of Copper North Mining Corp., Granite Creek Copper Ltd. now owns the advanced staged Carmacks copper-gold project and a roughly 20-kilometer- (12.5 miles) stretch of the highly prospective Minto Copper Belt in Canada's Yukon. Over the past two years, Granite Creek has been exploring Stu, a 111-square-kilometer (42.9 square miles) early stage gold-copper project. In a deal that closed on Nov. 27, Copper North has expanded its land position within the Minto...
Pebble Limited Partnership has submitted a compensatory mitigation plan for Pebble, which is the final piece needed for the U.S. Army Corps of Engineers to finalize a record of decision for the world-class copper-gold-molybdenum-silver-rhenium mine project in Southwest Alaska. Following publication of a Final Environmental Impact Statement for Pebble in July, the Army Corps sent Pebble Partnership a letter that details the need for "in kind" and "in watershed" mitigation for...
Ambler Metals LLC plans to invest US$27 million to advance the Upper Kobuk Mineral Projects in Northwest Alaska during 2021. The budget and program approved by equal partners in Ambler Metals – Trilogy Metals Inc. and South32 Ltd. – will primarily focus on the work required to ready the Arctic Mine project to enter permitting during the second half of 2021. According to a feasibility study finalized earlier this year, the Arctic deposit in Alaska's Ambler Mining District det...
HighGold Mining Inc. Nov. 18 reports that the latest batch of assay results from the 2020 program at Johnson Tract continue to expand high-grade gold, copper, and zinc mineralization at the JT deposit on this project in Southcentral Alaska. According to a calculation earlier this year, the JT deposit hosts 2.14 million metric tons of indicated resource averaging 6.07 grams per metric ton (417,000 ounces) gold, 5.8 g/t (397,000 oz) silver, 5.85% (275.3 million pounds) zinc,...
When Granite Creek Copper Ltd. decided to refocus its energies on finding copper in Yukon Territory in October 2018, it swung into action, aggressively tackling its vision of becoming a leading copper exploration company. Just over two years later, the junior has acquired the advanced Carmacks Copper Project and is hoping to establish a mineral resource estimate on its larger Stu Project next door. To begin its transition, the junior changed its name from Granite Creek Gold...
In the few months since taking the helm at Contango ORE Inc., Rick Van Nieuwenhuyse has steered this unconventional mineral exploration company toward being the 30% owner of Alaska's next million-ounce gold producing mine. This coming mine at Contango ORE's Peak Gold deposit quickly surpassed Donlin Gold, Livengood, and other top contenders for Alaska's next large gold operation when Kinross Gold Corp. acquired a 70% interest in the high-grade gold project and unveiled a...
Benchmark Metals Inc. Nov. 4 reported the discovery of significant new mineralized zones that may develop into future satellite deposits along a 20-kilometer- (12.4 miles) long mineralized trend on its Lawyers gold-silver project in Northern British Columbia. "As we continue to systematically explore our highly prospective 140-square-kilometer (54 square miles) land position with comprehensive geological mapping, soil and rock sampling, ground and airborne geophysics, and...
HighGold Mining Inc. Oct. 15 reported that step out drilling continues to expand the gold-rich resource at the Johnson Tract project in Southcentral Alaska, including a copper-rich zone in the footwall of the JT deposit. According to a calculation earlier this year, the JT deposit hosts 2.14 million metric tons of indicated resource averaging 6.07 grams per metric ton (417,000 ounces) gold, 5.8 g/t (397,000 oz) silver, 5.85% (275.3 million pounds) zinc, 0.57% (26.8 million...
Kinross Gold Corp. has agreed to pay US$93.7 million to buy a 70% stake in the Peak Gold project near the crossroads town of Tok in eastern Alaska, an acquisition slated to deliver high-grade feedstock to the mill at Kinross' Fort Knox Mine near Fairbanks. "The relatively high-grade, low-cost Peak Gold project is an excellent addition to our portfolio, as it allows us to leverage our existing mill and infrastructure at Fort Knox and strengthens our medium-term production and...
Northern Dynasty Minerals first set its sights on Alaska's Pebble deposit in the 1990s. After acquiring the property in 2001, the company spent more than a decade and close to $1 billion proving it up as one of the greatest mineral resources ever discovered – certainly on American soil. Consider the following: • contained copper at Pebble is equivalent to ~1.3% of all the copper metal ever discovered or produced in the past 10,000 years; • contained gold at Pebble is equiv...
More than six years after turning its attention to advancing to production the world-class mineral reserves of its Nico project in Northwest Territories, Fortune Minerals Ltd. is again putting boots on the ground in search of new mineralization near the Nico deposit located 160 kilometers (99 miles) northwest of Yellowknife. The tenacious junior reported Sept. 2 that an exploration program planned for the 2020 field season is underway, despite restraints imposed by the...
Doyon Ltd. is seeing a resurgence of mineral exploration on its lands across Interior Alaska, especially on gold properties held by the Alaska Native Claims Settlement Act regional corporation. Running the breadth of Alaska between the Brooks Range to the north and Alaska Range to the south, the Doyon region blankets a mineral-rich swath of Alaska's Interior that is nearly the size of Texas. Doyon itself, owns 12.5 million acres of land within this vast region, making it the...
PolarX Ltd. Sept. 14 reported that this summer's drilling has encountered strong near-surface copper-gold mineralization at Zackly East, extending this emerging new resource area on the company's Alaska Range property by 320 meters along strike at the Zackly East. "Zackly East is fast becoming a substantial discovery with great scope for further growth," said PolarX Managing Director Frazer Tabeart. Alaska Range consists of two adjacent copper and precious metal projects – S...
Newcrest Mining Ltd. and Imperial Metals Corp. reported additional strong gold-copper intercepts from drilling at the East zone high-grade pod at the Red Chris Mine in northwestern British Columbia. Hole RC634, drilled in the East zone, cut 394 meters averaging 1.6 grams per metric ton gold and 0.86% copper starting at 650 meters down the hole. This intercept includes 166 meters of exceptional gold and silver for a bulk tonnage porphyry system. "Drilling results at Red Chris...
HighGold Mining Inc. Sept. 9 reports that the 2020 drill program on its Johnson Tract project in Southcentral Alaska picked up where the 2019 program left off – drills tapping long sections of high-grade gold and base metal mineralization. Situated on the west side of Cook Inlet about 125 miles southwest of Anchorage, Johnson Tract is a gold-copper-zinc-silver-lead project that had been inactive for the 25 years prior to HighGold's 2019 program there. Highlights from the 2019...
Tectonic Metals Inc. has cut a deal with Doyon Ltd. that significantly expands its gold exploration properties in Alaska's Goodpaster Mining District and strengthens its mutually beneficial partnership with the Interior Alaska Native regional corporation. "We are committed to our goal of finding the next Alaskan gold mine and providing economic and social benefits to the communities in which we work and operate," said Tectonic Metals President and CEO Tony Reda. Under an agree...
Trilogy Metals Inc. and South32 Ltd. Aug. 25 announced that former Newmont Corp. senior executive Ramzi Fawaz has been appointed as president and CEO of Ambler Metals LLC, the 50-50 joint venture company formed by South32 and Trilogy to explore and develop the Upper Kobuk Mineral Projects (UKMP) in Northwest Alaska. Fawaz served as senior vice president of projects at Newmont from 2011 until 2019, with responsibility for the development and execution of Newmont's major gold...
Rising metal prices are helping to soften the blow COVID-19 has landed on Alaska's mining sector in 2020. While mining has been deemed an essential business in Alaska, which has helped keep the six large mines in the state operating during the pandemic, measures put in place to slow the spread of COVID-19 are weighing on production at some of these operations. Efforts to flatten the curve on the spread of coronavirus also disrupted several winter drill programs in Alaska,...
GT Gold Corp. Aug. 10 reported that drills are now turning on the company's Tatogga gold-copper-silver property in northwestern British Columbia, Canada. After postponing the start of its 2020 Tatogga exploration program due to COVID-19, on Aug. 6 the company began a 10,000-meter drill campaign that will initially target Quash Pass, a promising copper-gold-silver target about seven kilometers (4.3 miles) southwest of the Saddle North porphyry copper-gold deposit on the...
As the price of gold reaches historic highs and silver tops US$24 per ounce, Western Alaska Copper & Gold and Piek Exploration are investigating the potential of restarting operations at the past producing Illinois Creek Mine near the Yukon River about 65 miles southwest of the town of Galena and 120 miles north of the Donlin Gold Mine project. In 2018, Western Alaska Copper & Gold and Piek Exploration formed a joint venture to consolidate the entire Illinois Creek district,...
