The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 26 - 50 of 920
Alaska Energy Metals' 2023 drilling results in a fivefold increase in nickel within new resource. Incorporating the results from its inaugural drill program at Nikolai, Alaska Energy Metals Corp. has already outlined 8.1 billion pounds of nickel in the project's Eureka Zone, which is more than five times the quantity of this battery metal than was contained within the resource calculated last November. "With this updated mineral resource estimate, the Eureka deposit of the...
Initial resource outlines thick zones of high-grade mineralization at the carbonate-hosted silver-zinc deposit on Western Alaska's Illinois Creek project. Western Alaska Minerals Corp. Jan. 22 reported a high-grade silver-zinc-lead resource for Waterpump Creek (WPC) that demonstrates the potential of the carbon replacement deposit (CRD) mineralized system that is believed to extend for more than five miles and serves as a foundation for further exploration and development acro...
Stoney area sampling discovers two new prospects. Nova Minerals Ltd. Feb. 26 announced that the property-wide sampling and mapping program carried out last year at Estelle has discovered another area of high-grade gold and antimony mineralization on the company's 198-square-mile (513 square kilometers) property in Alaska. According to an early 2023 resource calculation, Estelle hosts 1.1 billion metric tons of global resources averaging 0.3 grams per metric ton (9.9 million ou...
Undertake an adventure through the riveting tale of Nellie Cashman, perhaps one of the most inspiring women of the 18th century. Perhaps no other individual could be regarded as true an American pioneer as Irish immigrant Ellen "Nellie" Cashman. Easily regarded as a quintessential gold mining stampeder with her acumen in business and the nose to sniff out opportunity, she traveled the width and breadth of America, leaving success and hope in her wake. Known as the Angel of...
American Pacific Mining outlines plans to test copper-rich resource expansion targets during 2024 drilling at high-grade project in SE Alaska. American Pacific Mining Corp. March 25 outlined plans for a US$12.8 million resource expansion exploration program this year at the high-grade Palmer volcanogenic massive sulfide (VMS) project in Southeast Alaska. Being advanced under a joint venture between American Pacific and Dowa Metals & Mining Company Ltd., Palmer hosts 4.68...
Curt's rock hammer, pen, wit, and charm have all contributed to Alaska mining sector success ! It is no surprise that longtime Alaska geologist Curt Freeman would at some point be presented the Charles C. (Chuck) Hawley Lifetime Achievement Award, an Alaska Miners Association honor reserved for those who devoted their professional life to ensuring a successful mining industry in Alaska. After all, Alaska's mining and mineral exploration landscape would only be a shadow of...
Discovering Alaska's hidden wealth, the journey of Indigenous explorers in the land of platinum, Goodnews Bay Mining District. In the heart of Alaska's wilderness, two Alaska Native men stamped their names in state history with the discovery of the largest platinum deposit ever found in the Last Frontier. Both born into Yup'ik heritage, the journey of Walter Smith and Henry Wuya begins with early prospecting as little more than teenagers, to the landmark 1926 discovery on the...
Gold explorer's expanded C$10 million financing will fund ongoing resource expansion and exploration at Golden Summit. Freegold Venture Ltd. March 8 announced plans to raise C$10 million (US$7.4 million) to continue exploration at its 20-million-ounce Golden Summit gold project about 25 miles north of Fairbanks, Alaska. The financing is double what was originally proposed, thanks to strong interest from investors. The Dolphin-Cleary deposit at Golden Summit hosts 407.5...
Enters into definitive agreement for initial 70% toward highly prospective Tombstone gold projects. Strategic Metals Ltd. March 4 announced it has approved Trifecta Gold Ltd. the right to earn up to 100% interest in 11 highly prospective, reduced intrusion-related gold projects located within the prolific Tombstone Gold Belt in Yukon, Canada. Often maintaining a low-key approach to its business operations, Strategic Metals is less a project miner and more a project generator...
Assessed five techniques, narrowed them down, and determined zinc is the key. Cantex Mine Development Corp. March 14 announced that the company has determined a reliable method to verify the bulk concentration of germanium as it continues to advance its North Rackla project in Yukon, Canada. Reported for potential germanium in Feb. 2023, Cantex announced then the discovery of a roughly 2,500-meter-long, massive sulfide trend enriched with much more than the gold, silver,...
Company expands Keno Hill and Lucky Friday reserves, readies Greens Creek for the next jump. Hecla Mining Company Feb. 13 reported that its 2023 exploration resulted in the second-highest silver reserves and the largest gold resource ever for the Idaho-based company. "Hecla's silver reserves are the second highest in our 133-year history at 238 million silver ounces and only 1% less than last year's all-time highest reserve, and gold resource is the highest in our history," sa...
Freegold Ventures Ltd. Feb. 7 reported that high-grade gold assays from its 2023 drill program at Golden Summit reaffirm the expansion potential west of the 20-million-ounce Dolphin-Cleary gold deposit on this road-accessible project about 25 miles north of Fairbanks, Alaska. According to an early 2023 calculation, the Dolphin-Cleary deposit hosts 407.54 million metric tons of open-pit mineable indicated resource averaging 0.92 grams per metric ton (12 million oz) gold, plus...
From the world's largest gold company expanding its production profile in British Columbia's Golden Triangle to a 130-year-old silver mining legend strengthening its foothold in the Yukon and a soon-to-be new gold producer in Nunavut, mergers and acquisitions completed in 2023 will forever change the North of 60 Mining News landscape. In fact, if everything goes according to plan, by the time Mining Explorers 2024 rolls off the presses, B2Gold will be pouring the first bars...
Alaska Energy Metals Corp. Jan. 30 provided a recap of a busy first year of business and an outlook for its 2024 plans at the Nikolai nickel-cobalt-copper-platinum group metals project in Alaska. Drawing on CEO Greg Beischer's nickel exploration background, the management of Millrock Resources Inc. decided to set aside the project generator mineral exploration model and refocus the company on exploring large deposits of nickel and associated metals needed for the transition...
Nova Minerals Ltd. Jan. 29 reported that the expansive surface exploration program carried out last year at Estelle has discovered another high-grade gold prospect with associated copper on the 198-square-mile (513 square kilometers) property in Alaska. Led by Nova Minerals Head of Exploration Hans Hoffman, the 2023 surface exploration program included extensive mapping and the collection of 674 soil, 446 rock, and 21 stream sediment samples from across the district-scale...
With Donlin Gold reentering the feasibility study stage, Ambler Metals waiting on the reevaluation of the permit needed for a road to the Ambler Mining District, and an overall lack of investment capital, mineral exploration spending in Alaska dropped during 2023. While the overall sector was down, there continued to be some bright spots – most notably, a growing interest in Alaska's critical minerals potential. In July, the U.S. Department of Defense awarded Graphite One I...
American Pacific Mining Corp. landed on the North of 60 Mining New scene with the 2022 buyout of Constantine Metal Resources Ltd., giving the company a roughly 45% interest in the Palmer volcanogenic massive sulfide project in Southeast Alaska. This project is being advanced under a joint venture with Dowa Metals & Mining Company Ltd. that was established before American's acquisition of Constantine. A preliminary economic assessment that was updated in 2022 outlines an...
With firsthand knowledge that the Nikolai property in Alaska is seemingly tailor-made to be a domestic source of the nickel, cobalt, copper, and platinum group metals needed for America's energy transition, Greg Beischer shelved Millrock Resources' gold-focused project generator model in favor of Alaska Energy Metals Corp. "Alaska Energy Metals is positioning itself to supply domestic markets with a source of critical and strategic metals," Beischer said when AEM made its...
Following the acquisition of Alexco Resource Corp. at the end of 2022, Hecla Mining Company has continued to expand its portfolio of gold and silver properties in Canada's Yukon. With the Keno Hill Silver District mine project that came with the buyout of Alexco, Hecla's silver reserves soared to above 240 million ounces of silver, the highest in the company's 132-year history. "Hecla's silver reserves are at an all-time high," said Hecla Mining CEO Phillips Baker, Jr. This...
Calculating a new resource for Niblack, growing its management, organizing talks of a centralized mill in Northern British Columbia, and drilling bonanza-grade gold at its first Golden Triangle project on the British Columbia side of the border, last year's hunt was plentiful for Blackwolf Copper and Gold Ltd. Early last year, Blackwolf announced an agreement with Dolly Varden Silver Corp. and New Moly LLC to explore the possibility of building a centralized mill on New...
Since emerging on the Alaska mineral exploration scene in 2021, Felix Gold Ltd. has amassed more than 150 square miles of gold-enriched properties in the Fairbanks Mining District and is working toward establishing an inaugural resource at one of the most prospective gold targets discovered so far on this enormous land package. As Felix carries out systematic drilling to outline an at-surface gold-antimony resource at the NW Array target on its Treasure Creek property about...
Launching a multi-year initiative to unlock the potential of its Johnson Tract gold project in Southcentral Alaska, HighGold Mining Inc. began with an exploration and development program in 2023 that truly showcases the methodical efficiency with which the company aims to push the property to feasibility. Getting drills turning at the end of June, HighGold targeted an 8,000-meter program that is part of its larger multi-year plan designed to de-risk the project and support...
With gold production on the rise and costs dropping at Pogo, Northern Star Resources Ltd. is focused on outlining resources and reserves to support the next decade of mining at its high-grade underground operation in Alaska. After the 2022 expansion of the mill to a nameplate capacity of 1.3 million metric tons per year, Northern Star has been working to ramp up gold production at Pogo to 300,000 ounces per year. The 81,322 oz of gold poured during the second quarter of...
Upon gaining ownership of the Back River gold project in Nunavut through the roughly C$1.1 billion (US$820 million) buyout of Sabina Gold & Silver Corp., B2Gold Corp. established itself as the next largest gold producer in Canada's North. With the acquisition of Sabina, B2Gold has gained a derisked mine project on track to pour its first gold early in 2025, as well as a district-scale land package with enormous potential to support decades of production in Nunavut. "We are...
From neighboring gold explorers merging to create a district-scale project that will likely be attractive to majors, to Glencore making an aggressive bid to buyout Teck Resources Ltd., 2023 was a year of North of 60 mergers, acquisitions, and attempts at takeovers. The multi-billion-dollar M&A frenzy across Alaska and Canada's North was underscored by B2Gold's roughly C$1.1 billion (US$820 million) acquisition of Sabina Gold & Silver Corp. and the Back River Gold Mine project...
