The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 301 - 325 of 922
Cans, cups, roofs, and foil hats are likely the first things that come to mind when thinking about tin – none of which conjure images of a metal that should be considered critical to a modern country like the United States. According to a study carried out by Massachusetts Institute of Technology, however, tin is the metal expected that be most impacted by new technologies. Commissioned by Rio Tinto, the MIT study found that tin beat out more likely technology metals candidate...
Though gold is not considered a metal critical to the United States, this increasingly valuable precious metal could serve as a pathfinder element for several of the other minerals and metals the U.S. Geological Survey deemed critical to America. Selling for roughly US$2,000 per ounce and expected to climb much higher as central banks and governments inject unprecedented amounts of cash into a global economy affected by COVID-19, gold has become an increasingly vital...
The six platinum group elements – platinum, palladium, rhodium, ruthenium, iridium, and osmium – have one foot firmly planted in the realm of precious metals while the other is firmly established in the industrial sectors. While being amongst the rarest metals on the planet already makes PGE's highly valued for jewelry and bullion, their applications in the automotive, petrochemical, and electronics industries are catalysts that drive the price of these industrious pre...
Grande Portage Resources Ltd. Dec. 14 reports that drilling cut strong gold mineralization at Elusive, the southernmost of eight primary vein structures that have been confirmed at the company's Herbert Gold project in Southeast Alaska. The Elusive Vein discovery hole, 20H-3, cut 1.78 meters averaging 4.15 grams per metric ton gold. This represents the confirmation of another gold-bearing structure 300 meters south of Deep Trench Vein, which was previously the southern limit...
Golden Sky Minerals Corp. (formerly Luckystrike Resources Ltd.) Dec. 10 reported promising results from its 2020 drilling at Hotspot, a 46.4-square-kilometer (17.9 square miles) gold exploration on the Yukon side of the Alaska-Yukon border. Hotspot is situated along the Big Creek fault, a regional-scale fault system that hosts numerous porphyry and orogenic gold deposits in Alaska and the Yukon. The closest such deposit is Taurus, a porphyry copper-gold-molybdenum deposit on...
Heliostar Metals Ltd. Nov. 23 announced it tapped gold-silver mineralization in the first hole the company has ever drilled at the Aquila target on its Unga project on the Alaska Peninsula. Situated at the southwest end of the Shumagin trend, one of two corridors of gold and silver mineralization running across the breadth of Unga Island, Aquila was discovered by Battle Mountain Gold in the 1980s. Trenching along the main outcropping vein zone at Aquila is reported to have...
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...
Constantine Metal Resources Ltd. Nov. 19 reported that this year's prospecting and soil sampling has confirmed historically reported high-grade gold mineralization at Big Nugget Gold and has helped refine drill targets for follow up drilling at this project associated with the company's Palmer project in Southeast Alaska. "The Big Nugget Gold project represents a rare, untested and undrilled, high grade gold quartz vein system that is unusual to find in this day and age,"...
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...
Nova Minerals Ltd. Oct. 22 reported impressive high-grade gold in rock samples collected from the RPM target on its 85-square-mile (220 square kilometers) Estelle gold property in Alaska. Located about 16 miles (25 kilometers) south of the 3.3-million-ounce resource in the Korbel deposit, RPM is an earlier staged gold target that show the potential for higher grade gold mineralization. One hole drilled by a previous operator in 2012 cut 177.4 meters averaging 0.79 grams per...
Grande Portage Resources Ltd. Nov. 11 announced the completion of a roughly 8,500-meter drill program at Herbert Gold that involved 21 holes drilled outside the resource area at this high-grade gold project a few miles north of Juneau, Alaska. According to a calculation completed early last year, Herbert hosts 1.88 million metric tons of indicated resource averaging 10.03 grams per metric ton (605,000 ounces) of gold; plus 553,429 metric tons of inferred resource averaging...
Resolution Minerals Ltd. Nov. 1 reported that drilling has resumed at the Aurora gold target on the 64North project in Alaska. Located in the Goodpaster Mining District, the 160,000-acre 64North project includes nine claim blocks – West Pogo, Shaw, Eagle, LMS-X, South Pogo, East Pogo, North Pogo, Last Chance and Divide. Resolution, which has the option to earn a 60% interest in this large gold project from Millrock Resources Inc. by investing US$20 million in exploration spend...
Kinross Gold Corp.'s new long-term strategy for its Fort Knox Mine is a paradigm shift for mineral exploration companies with gold projects on or near the road system within a 300-mile-radius of the iconic gold operation about 20 miles north of Fairbanks, Alaska. Under this new operating plan, Kinross is looking for Alaskan projects that can deliver high-grade ore to the underutilized 14-million-metric-ton-per-year mill at Fort Knox. "There is an economic radius around Fort...
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...
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...
White Rock Minerals Ltd. Sept. 15 reported that it tested the Last Chance gold discovery with 1,990 meters of drilling in eight holes before a blanket of snow marked the end of the 2020 exploration season at its Red Mountain project in Alaska. "Considering the Last Chance gold target started as a stream sediment anomaly earlier this year, our 2020 field season accomplished a lot," said Quinton Hennigh, a technical advisor to White Rock Minerals. Best known for its zinc-rich...
Millrock Resources Inc. and Resolution Minerals Ltd. Sept. 10 provided results from two more holes drilled at 64North and an update on other exploration activities being carried out across the expansive gold exploration project in Alaska's Goodpaster Mining District. Bordering Northern Star Resources Ltd.'s Pogo gold mine property, the roughly 160,000-acre 64North project includes nine claim blocks – West Pogo, Shaw, Eagle, LMS-X, South Pogo, East Pogo, North Pogo, Last C...
Ten years ago, Yukon Territory witnessed a minor stampede of mineral explorers, hoping to cash in on new gold discoveries in the White Gold District south of Dawson City. A decade later, gold hunters are again targeting prospects across the northern Canadian territory, drawn by the recent successful startup of a new gold mine at Victoria Gold Corp.'s Dublin Gulch Property east of Dawson City in central Yukon as well as discoveries of other rich aurum deposits in Yukon....
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,...
Coeur Mining Inc. has made major investments in exploration at its Kensington gold mine in Alaska and Silvertip mine project in British Columbia during the first half of 2020, and the company plans to continue robust drilling focused on expanding high-grade targets at these two northern assets through the balance of 2020. These robust programs at Kensington and Silvertip are parts of the largest exploration campaign in Coeur's history. During the first six months of 2020,...
Constantine Metal Resources Ltd. Aug. 13 has identified a potential source area for the historical Porcupine gold placer mining operation located on its Palmer property in Southeast Alaska. Constantine has traditionally focused its exploration efforts on the discovery and expansion of volcanogenic massive sulfide deposits rich in a wide variety of base and precious metals. This work has outlined 4.68 million metric tons of indicated resource averaging 5.23% zinc, 1.49%...
Northern Star Resources Ltd. Aug. 13 reported that its Pogo Mine in Alaska now hosts 6.7 million ounces of gold in 21.25 million metric tons of resources averaging 9.8 grams per metric ton gold, a 13% increase over last year and the largest gold inventory in Pogo's history. The Australia-based gold miner says the increased gold at Pogo is despite only 62% of the budgeted drilling being achieved in the company's fiscal year 2020, which ended on June 30. "At Pogo, the...
