The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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In the midst of the COVID-19 outbreak and following the cancellation of the Alaska Miners Association 2020 Spring Convention in Fairbanks, AMA Executive Director Deantha Crockett takes the time to answer 20 questions on how the pandemic is affecting Alaska's mining sector and the association; Alaska's economy; state and federal mining policy; and due process for the Pebble Mine project. Q. Alaska Miners Association recently made the difficult decision to cancel its spring... Full story
Newcrest Mining Ltd. March 11 announced that drilling at the Red Chris mine in northwestern British Columbia has encountered a pod of high-grade mineralization, including one hole that cut 276 meters averaging 1.7% and 3.3 grams per metric ton gold. This intercept cut across a high-grade zone Imperial Metals Corp., Newcrest's joint venture partner at Red Chris, tapped in the mine's East Zone during 2009. This hole, RC09-350, cut 432.5 meters of 2% copper and 3.8 g/t gold....
Trilogy Metals Inc. Feb. 26 announced that Ambler Metals LLC, a joint venture operating company equally owned by Trilogy and South32 Ltd., has approved a US$22.8 million budget for the 2020 program aimed at advancing the Upper Kobuk Mineral Projects (UKMP) in Northwestern Alaska. The largest part of this program will focus on advancing studies to prepare the Arctic mine project for permitting. A 2018 prefeasibility study for Arctic detailed plans for an open-pit mine and...
Canada's provinces and territories have fallen from grace in the eyes of the global mining community, according to the latest rendition of Fraser Institute's Annual Survey of Mining Companies. For the first time in a decade, no Canadian jurisdiction ranks in the top 10 for "investment attractiveness" in the annual survey conducted by the Canadian public policy think-tank. This report asks industry professionals from around the globe to score mining jurisdictions based on their... Full story
Following the pouring of the 4 millionth ounce of gold at the Pogo Mine, Northern Star Resources Ltd. Executive Chairman Bill Beament sat down with Mining News to talk about what this milestone means for the Interior Alaska gold mine; the Australia-based mining company's progress since acquiring Pogo; keys to Northern Star's success; and the vast mineral potential at Pogo and across Alaska. Q. Over the past decade, Northern Star Resources Ltd. has grown from a single-asset... Full story
CopperBank Resources Corp. Feb. 14 announced the termination of its option on the Pyramid and San Diego Bay copper projects on the Alaska Peninsula. Pyramid, a large porphyry copper-gold-molybdenum deposit about 25 miles north of the community of Sand Point, is on private lands owned by Alaska Native Claims Settlement Act (ANCSA) regional and village corporations. Aleut Corp., the ANCSA regional corporation for the majority of the Alaska Peninsula and Aleutian Islands, owns...
Freegold Ventures Ltd. Jan. 19 announced that South32 Ltd. has agreed to fund at least US$2 million of exploration at the Shorty Creek porphyry copper project in Interior Alaska this year. Early last year, South32 entered into an option agreement with Freegold to acquire 70% interest in Shorty Creek for US$30 million, less any money the Australia-based major invested in exploring the promising copper-gold-silver-tungsten targets that have been identified across the property. T...
Redstar Gold Corp. Jan. 10 published a maiden industry-compliant resource for the SH-1 zone, formerly known as the Shumagin zone, on its Unga gold project on the Alaska Peninsula. The Unga project covers roughly 93 square miles (240 square kilometers) of two islands south of the Alaska Peninsula, Unga and Popof, that has long been known for its high-grade gold. The Apollo and adjacent Sitka mines, established on Unga Island in 1886, produced roughly 150,000 ounces of gold from...
Millrock Resources Inc. and Resolution Minerals Ltd. are gearing up for an early March start of drilling on the West Pogo property, part of the larger 64North gold project in Alaska's Interior. Previously known as the Goodpaster project, 64North includes nine claim blocks – West Pogo, Shaw, Eagle, LMS-X, South Pogo, East Pogo, North Pogo, Last Chance and Divide – covering roughly 160,000 acres in the Goodpaster District, a gold-rich area anchored by Northern Star Resources Ltd...
White Rock Minerals Ltd. Jan.28 announced the discovery of a large gold anomaly at Red Mountain, an expansive Alaska mineral exploration project better known for the zinc-rich volcanogenic massive sulfide deposits found there. Two VMS deposits on the Red Mountain property – Dry Creek and West Tundra Flats (WTF) – host 9.1 million metric tons of Australian Joint Ore Reserves Committee- (JORC) compliant inferred resource averaging 5.8 percent (1.17 billion pounds) zinc; 2.6 perc...
North of 60 Mining News is proud to introduce 20 questions for 2020. Over the course of this series, Mining News will interview mining and political leaders from Alaska, British Columbia, Northwest Territories, Nunavut and Yukon. Each interview will include 20 questions on mining, markets and doing business across Alaska and Canada's North. For the inaugural 20 questions for 2020, Mining News talks with Contango ORE Inc. CEO Rick Van Nieuwenhuyse, a longtime mining executive... Full story
PolarX Ltd. Jan. 20 announced that trenching, mapping and sampling has identified a potential 600-meter extension of the thick and high-grade copper-gold skarn mineralization it discovered at Zackly East on its Alaska Range project. This 22-mile- (35 kilometers) long Alaska Range property is made up of two adjacent projects – Stellar and Caribou Dome – the Australia-based exploration company brought together in 2017. Zackly skarn is found in the middle of a 7.5-mile- (12 kil...
Pembridge Resources plc Jan. 22 announced the launch of a 14,000-meter drill program aimed at expanding four deposits at its Minto copper mine in the Yukon. United Kingdom-based Pembridge finalized a deal in June to acquire Minto from Capstone Mining Corp. and resumed operations at the mine in October. At the time of the acquisition, Minto hosted 15 million metric tons of measured and indicated resources averaging 1.4 percent copper, 0.5 grams per metric ton gold and 4.8 g/t...
Trilogy Metals Inc. Jan. 16 reported that its geotechnical and hydrological drill program at the Arctic mine project continued to show the consistency and high grades of the copper-zinc-lead-gold-silver mineralization within this volcanogenic massive sulfide (VMS) deposit in Northwest Alaska. The 2019 field program at Arctic involved advanced engineering and environmental work in support of Trilogy Metals' feasibility study for the Arctic Project and permitting. In December,...
Quaterra Resources Inc. Jan. 9 reported that a geophysical survey carried out on its Groundhog property in Southwest Alaska has identified 19 porphyry copper-gold targets. Groundhog is a 54,880-acre property that covers a northern extension of a structural zone that hosts several porphyry targets and deposits, including the world-class Pebble copper-gold-molybdenum deposits about three miles to the south. Alaska Earth Sciences, an Anchorage-based geological consulting firm,...
Contango ORE Inc. Jan. 6 announced that Rick Van Nieuwenhuyse has taken over as President and CEO of the Texas-based mineral exploration company advancing the Peak Gold project in eastern Alaska. Former President and CEO Brad Juneau has transitioned to executive chairman of Contango ORE, a company he co-founded and lead for the past decade. "I have known Rick for several years and followed his success with admiration," said Juneau. "We are extremely pleased that he has agreed... Full story
In November 1996, a little over 23 years ago, I began writing quarterly mining news summaries for the Society of Economic Geologists (SEG). Shortly after that, I began writing monthly summaries for this publication's ancestor, Mining News Alaska, and have continued both monthly, quarterly and annual mining news summaries ever since. With this summary, I have written my last Alaska update for North of 60 Mining News. When I wrote my first summary, Greens Creek was milling only... Full story
With more than half of Alaska's entire population living within its region, Cook Inlet Region Inc., more commonly known as CIRI, is the most metropolitan of the 12 landholding Alaska Native regional corporations. While CIRI has leveraged its urban position with retail developments such as Tikahtnu Commons, an enormous retail and entertainment center on the outskirts of Anchorage, the Southcentral Alaska regional corporation also has oil and gas, renewable energy and mining... Full story
With two Australian companies making major investments and several exploration companies from Down Under chomping at the bit to get into the field, 2020 is shaping up to be the best year for Alaska's mining sector in a decade. When you add up the investments South32 Ltd. plans to make in the Ambler Mining District and other exploration projects; Northern Star Resources Ltd.'s spending at the Pogo gold mine; and the exploration dollars at least five other Aussie companies are... Full story
Seabridge Gold Corp. Dec. 17 said deep penetrating geophysics has identified four additional porphyry targets at its already world-class gold-copper project in British Columbia's Golden Triangle. The four deposits already identified at KSM – Kerr, Sulphurets, Mitchell and Iron Cap – host 2.98 billion metric tons of measured and indicated resources averaging 0.52 grams per metric ton (49.7 million ounces) gold, 0.21 percent (13.9 billion pounds) copper, 2.8 g/t (265 mil...
Northern Dynasty Minerals Ltd. Dec. 18 announced that it has raised US$15.5 million, which it will use to continue to advance permitting and outreach at its Pebble copper-gold-molybdenum mine project in Southwest Alaska. The Pebble project is nearing a final decision on an environmental impact statement (EIS) for the proposed mine. The EIS is a lengthy process under the federal National Environmental Policy Act (NEPA), that ensures that large projects such as Pebble meet...
Tectonic Metals Inc. Dec. 19 reported that its late season rotary air blast (RAB) drill program at the Northway project in eastern Alaska tapped porphyry-style mineralization in both target areas tested. The 184,000-acre Northway property covers 25 miles (40 kilometers) of robust gold-in-soils along the paved Alaska Highway. Tectonic is exploring this property under a 2018 lease agreement with Doyon Inc., the Alaska Native regional corporation for Interior Alaska. This...
Development of the rich mineral resource in Alaska's Ambler Mining District took another major leap forward with the Dec. 19 announcement that Australia-based South32 Ltd. is investing US$145 million to become a 50 percent joint venture partner in Trilogy Metals Inc.'s Upper Kobuk Mineral Projects (UKMP). This Northwest Alaska project covers a more than 70-mile (115 kilometers) stretch of Earth's crust that is uncommonly rich in a variety of precious, base and critical... Full story
HighGold Mining Inc. Dec. 10 reports that assay results from the nine-hole drill program completed this year at Johnson Tract continue to confirm the robust gold-silver-copper-zinc-lead mineralization this Southcentral Alaska project in known for. This batch of results is from five holes aimed at upgrading and expanding the JT deposit, which is also referred to as Johnson Tract Main deposit. Based on 88 holes drilled prior to 1995, JT deposit hosts 1.04 million metric tons of...
Redstar Gold Corp. Dec. 2 said it has identified a 10-kilometer-long trend on its Unga project in Alaska that hosts seven, kilometer-scale alteration zones and several smaller ones capable of hosting bulk tonnage copper and gold mineralization in porphyry and epithermal systems. The Unga project, which is on the Unga and Popov islands just south of the Alaska Peninsula, is best known for its high-grade gold. According to historical reports, the Apollo and adjacent Sitka mines...
