The mining newspaper for Alaska and Canada's North
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Blackwolf Copper and Gold Ltd. Feb. 23 announced the first update of the year with highly encouraging surface sample assay results from 2021 reconnaissance exploration programs at its Southeast Alaska properties. Located at the end of the Alaskan Panhandle, on Prince of Wales Island, the historic Niblack Mine is located over 1,000 meters north of the current NI 43-101 mineral resources in the Lookout and Trio zones of the property. According to a 2011 calculation, these...
Thanks in large part to significant growth at its Greens Creek Mine in Southeast Alaska, Hecla Mining Company reports the second largest silver reserves in its 130-year history. Going into 2022, Hecla's three currently operating mines – Greens Creek, Lucky Friday (Idaho), and Casa Berardi (Quebec) host a combined 37.3 million tons of reserves containing 200 million ounces of silver, 2.73 million oz of gold, 1.81 billion pounds of zinc, and 1.47 billion lb of lead. "Since 2...
While copper has the potential to be a major contributor to Alaska's economic future, this "new oil" of the low-carbon economy will be hard-pressed to beat out the old money being produced at current and coming gold mines across the Last Frontier. This is due in large part to Kinross Gold Corp.'s new "Kinross Alaska" strategy that is leveraging the underutilized 14-million-metric-ton-per-year mill and storage capacity at Fort Knox to process higher-grade ore mined from... Full story
PolarX Ltd. Feb. 23 reported that its 2021 drill program at Caribou Dome has tapped thick lenses of high-grade copper that the outstanding quality of the mineral resource and potential for developing a mine at this deposit on the Australia-based company's Alaska Range property. As its name suggests, this property covers a 22-mile- (35 kilometers) long stretch of the majestic and mineral-rich Alaska mountain range that arcs across the middle of the Far North state. PolarX'...
Coeur Mining Inc. Feb. 16 reported strong gold production during the fourth quarter at its Kensington Mine in Southeast Alaska and continued progress toward the restart of an expanded mine at its Silvertip project in Northern BC. During the final three months of 2021, Kensington produced 33,516 ounces of gold from 168,295 tons of ore averaging 0.21 ounces per ton gold. This is nearly a 19% increase over the 28,621 recovered from 160,596 tons of ore during the third quarter....
HighGold Mining Inc. Jan. 25 reported that the geological mapping, geochemical sampling, geophysical surveys, and exploration drilling carried out during 2021 has shown that the strong gold-rich mineralization identified in the JT deposit and encountered with discovery drilling at the DC prospect is widespread across the 20,942-acre Johnson Tract property in Southcentral Alaska. "We are seeing encouraging results across the length and breadth of the property and believe that...
"Due to significant backlogs at assay labs, the results from this program are pending" is the theme for the 2021 mineral exploration season across Alaska and Canada's North. The turnaround times for assay results descended from long during the first half of the year to ad absurdum during the latter half. Backlogs at assay labs are nothing new for mineral explorers in the North of 60 Mining News coverage area. In fact, the ability to completely overwhelm the sample prep... Full story
VANCOUVER – Pacific Ridge Exploration Ltd. Dec. 29 said it has amended the terms of an agreement that gives BMC Minerals Ltd. an option to purchase Pacific Ridge's Fyre Lake property in Yukon Territory. BMC is a private United Kingdom-based resource company that is developing the Kudz Ze Kayah volcanogenic massive sulfide project in southeast Yukon. The project is designed to operate for at least nine years, producing high-grade zinc, copper, and lead concentrates with signifi...
Trilogy Metals Inc. Jan. 20 published an updated mineral resource estimate for Bornite that shines a spotlight on the very high copper and cobalt grades in the underground South Reef area of this world-class deposit on the Upper Kobuk Minerals Projects in the Ambler Mining District of Northwest Alaska. Located about 15 miles southwest of Arctic, the most advanced of the UKMP projects, Bornite is a large and high-grade deposit that hosts 6.3 billion pounds of copper and 88...
Capping off a successful year of mine predevelopment activities at its 30%-owned Manh Choh gold mine project in Interior Alaska and acquisition of the historic high-grade Lucky Shot gold mine project in Southcentral Alaska by up-listing its share to the New York Stock exchange, Contango ORE Inc. is well-positioned for 2022 success. "2021 represented another year of COVID, but despite the difficulties of working in a continued pandemic environment, the company achieved its...
Assays are pending, the unofficial slogan of the 2021 mineral exploration season across Alaska and Canada's North, is a phrase that continues to echo in a void left by the lack of drill results going into the new year. "'Assays pending' has become one of the least popular phrases around the industry this year, given the painfully slow turnaround time at the labs," Tectonic Metals Inc. President and CEO Tony Reda penned in a year-end update on the Vancouver, British Columbia-ba...
Covering a trend of volcanogenic massive sulfide gold mineralization between Seabridge Gold Corp.'s KSM project to the east and Garibaldi Resources Corp.'s Nickel Mountain project to the west, Eskay Mining Corp.'s namesake project lies at the heart of some of the richest real estate in British Columbia's Golden Triangle. And a roughly 23,500-meter drill program carried out by Eskay during 2021 indicates that this 52,000-hectare (128,500 acres) property is as well mineralized a... Full story
Looking to expand resources and build reserves for the expanded mill at its Pogo gold mine in Alaska, Northern Star Resources Ltd. carried out surface drilling across the Goodpaster discovery zone and Central Gap prospect, along with underground drilling that focused on most of the ore systems at this high-grade underground mine. As of the end of March 2021, Pogo hosted 12.86 million metric tons of indicated resource averaging 9.5 grams per metric ton (3.95 million oz) gold,... Full story
Seeking to expand and upgrade its multi-million-ounce Korbel gold deposit in preparation for feasibility-level studies and explore the intriguing gold targets across the 125-square-mile (324 square kilometers) Estelle property, Australian explorer Nova Minerals Ltd. carried out one of the largest mineral exploration projects in Alaska during 2021. Located about 100 miles northwest of Anchorage, Alaska's largest city, the 18-mile-long Estelle property covers more than a dozen... Full story
The product of a 2020 merger between Redstar Gold Corp. and Heliodor Metals Ltd., Heliostar Metals Ltd. is a junior exploration and development company with three gold and silver projects in Mexico and its flagship Unga gold project in Alaska. Covering roughly 93 square miles (240 square kilometers) of the Unga and Popof islands off the southern coast of the Alaska Peninsula, the Unga project hosts the historic Apollo and Sitka mines, which produced roughly 150,000 ounces of... Full story
Kenorland Minerals Ltd., which has been exploring the Tanacross porphyry copper-gold project in eastern Alaska as a private company for several years, is now a publicly listed company with a strong treasury and extensive portfolio of mineral exploration projects in Alaska, Quebec, and Ontario. As a private project-generating explorer, Kenorland entered into an agreement with Freeport-McMoRan to further investigate the potential at Tanacross, a more than 100,000-acre property... Full story
After investing a record US$50.6 million in exploration during 2020, Coeur Mining Inc. set the bar even higher with a roughly US$75 million investment in exploration spending during 2021. "We expect to complete roughly 1.2 million feet (365,750 meters) of drilling by the end of the year, with the primary objective of further extending mine lives across our portfolio," Coeur Mining Senior Vice President of Exploration Hans Rasmussen said in September. Roughly US$13 million of... Full story
From exploring resource expansion and discovery targets on its namesake property to testing a potential hardrock source of the rich placer streams in the Sixtymile district near the Alaska border, White Gold Corp. continues to systematically advance multiple gold targets across its more than 1 million acres of prospective land in Yukon's prolific White Gold District. This work is bolstered by the technical and financial support of strategic partners Agnico Eagle Mines Ltd.... Full story
Exploring its Central Alaskan properties, Avidian Gold Corp. continued progressing its Fairbanks Mining District projects, Amanita and Amanita NE, as well as further exploring Golden Zone, a gold-rich polymetallic project about six miles (10 kilometers) west of the paved Parks Highway roughly midway between Anchorage and Fairbanks. Avidian kicked off 2021 with results from its 2020 drill program at Amanita, which lies next to Kinross Gold's Fort Knox Mine property. The best... Full story
President and CEO Rick Van Nieuwenhuyse has positioned Contango ORE Inc. to be the next gold producing company in Alaska and has added projects that deepen the pipeline for this unique exploration and development company. CORE's primary asset is Manh Choh, a 675,000-acre land package leased from the Tetlin Alaska Native Tribe that hosts two adjacent, high-grade gold-silver deposits the company advanced from discovery to a project slated to be Alaska's next large gold mine.... Full story
Since first coming to Alaska to explore zinc-rich volcanogenic massive sulfide deposits at Red Mountain, Australia-based White Rock Minerals Ltd. has continually added zinc-silver and gold targets within and on the outskirts of this project that has now been expanded to 323 square miles (836 square kilometers). The company's 2021 drill program tested high-grade zinc-lead-silver-gold VMS targets that attracted it to Red Mountain in the first place and the intrusion-related... Full story
Goldman Sachs' declaration that "copper is the new oil" may serve as a foreshadowing of Alaska's economic future, one that is not so heavily reliant on the revenues from petroleum flowing from the North Slope and leans more heavily on the state's rich endowment of precious, critical, and base metals. The investment bank's suggestion that copper is to become the strategically most important commodity on Earth is due to the vital role the conductive metal plays in global... Full story
During a 2021 exploration program focused largely on collecting further geological and metallurgical data for a scoping study on establishing a mine at its Alaska Range property, PolarX Ltd. made a game-changing high-grade copper discovery. As its name suggests, this property covers a 22-mile- (35 kilometers) long stretch of the majestic and mineral-rich Alaska mountain range that arcs across the middle of the Far North state. PolarX' 2021 program focused on two high-grade... Full story
With the Upper Kobuk Mineral Projects being advanced under a joint venture with South32 Ltd., Trilogy Metals Inc. has begun exploring for Arctic-type volcanogenic massive sulfide deposits on three properties it staked across the southern slopes of the Brooks Range in northern Alaska during 2021. "While Trilogy is focused on the oversight of our primary asset, the UKMP which is being managed by Ambler Metals LLC, the joint venture company equally owned by Trilogy Metals and Sou... Full story
Avidian Gold Corp. Jan. 19 announced results from eight of the 17 reverse-circulation drill holes completed on the Mayflower Extension Zone at its district-scale Golden Zone project in Southcentral Alaska. "We are extremely pleased with the success of the 2021 drill campaign at MEZ," said Avidian Gold President and CEO Steve Roebuck. "The results received to date demonstrate the high potential for the continued discovery of near-surface gold mineralization to the Breccia Pipe...