The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 51 - 75 of 926
White Gold Corp. Dec. 13 announced that it closed a C$5.1 million (US$3.8 million) that included continued financial backing by partner Agnico Eagle Mines Ltd, which is increasing its 19.5% share to 19.85%, and ultimately financing White Gold's 2024 exploration program. "We are very appreciative for the continued support of our strategic shareholders and are now fully funded for an impactful 2024 exploration program following the success of this past season where we continued...
Nova Minerals Ltd. Jan. 2 reported that it plans to follow up on the 2023 exploration success at Estelle with a 2024 program that will include prefeasibility level mining studies, along with continued drilling at the higher-grade RPM deposit and Train target areas at the southern end of this 198-square-mile (513 square kilometers) land package about 100 miles northwest of Anchorage, Alaska. "The work we conducted in 2023 has continued to illustrate the unique opportunity that...
From breaking ground at Alaska's next gold mine to the advancement of North of 60 projects focused on delivering the metals needed for the transition of low-carbon energy, and an impressive safety milestone at Alaska's only coal mine to a history of the helicopters that make mineral exploration across the North possible, here is a countdown of the 10 most popular North of 60 Mining News articles in 2023: No. 10 - CORE celebrates Manh Choh, Lucky Shot Contango Ore Inc., a...
Raging wildfires and record hot temperatures challenged the well-laid plans of a score and more of mineral explorers in Canada's Yukon this year as the 2023 field season shifted into high summer. Most of the companies, however, managed to carry out their exploration for gold, silver, copper, and other minerals across the territory. The fierce and sometimes out-of-control blazes marked one of the worst wildfire seasons seen in Canada in nearly 30 years, consuming more than...
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...
Doubling its market capitalization in less than a year, Snowline Gold Corp. has swept into the big leagues of Yukon gold exploration like an avalanche. With its massive landholdings strewn across the Yukon, gold intercepts running as deep as the CN Tower is tall, some of the highest-graded holes ever drilled in the territory, and the sheer volume of discovered mineralization sparking a modern-day mini gold frenzy, Snowline is making its mark on Canada's North. Snowline began...
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...
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...
Looking to push the gold resource on its Estelle property in Alaska above the 10-million-ounce mark, Australia-based Nova Minerals Ltd. launched a 15,000-meter drill program in July targeting the higher-grade gold mineralization in the RPM and Train areas at the southern end of the district-scale property. In April, the company reported that Estelle had been expanded to 1.1 billion metric tons of global resource averaging 0.3 grams per metric ton (9.9 million oz) gold. While...
SW Alaska deposit hosts 2-million-oz gold deposit; DAF plans to reconfirm historic resource, explore project's upside potential. Discovery Alaska Ltd. Jan. 5 announced it has secured a 15-year lease on the 2-million-ounce Vinasale gold project in Alaska. Located about 16 miles south of the Southwest Alaska mining town of McGrath, Vinasale is a roughly 6,500-acre project owned by Doyon Ltd., the Alaska Native Claims Settlement Act (ANCSA) regional corporation for the state's...
Snowline Gold Corp. Dec. 29 provided an end-of-the-year summary of its 2023 season, highlighting key activities and achievements that truly elevate the status of this junior and impress the significant prospect the company has outlined in the rich and underexplored region of the Selwyn Basin in Yukon, Canada. With an extensive portfolio that includes roughly 280,000 hectares (602,000 acres) of gold exploration properties within the Selwyn Basin near Yukon's eastern border...
Freegold Venture Ltd. Dec. 4 reported that results from its 2023 drill program continue to demonstrate that mineralization extends well west of the 20-million-ounce Dolphin-Cleary gold deposit on the company's Golden Summit project about 25 miles north of Fairbanks, Alaska. According to a March 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 282.3...
Alaska Energy Metals Corp. Nov. 28 announced that it has sold nickel exploration data to KoBold Metals, a high-tech mineral exploration company backed by funding from Bill Gates, Jeff Bezos, and others that leverages the power of AI and machine learning to accelerate the exploration of metals needed for the energy transition. In Alaska, KoBold is exploring for nickel, cobalt, and associated metals at the district-scale Skolai project adjacent to Alaska Energy's Nikolai...
Nova Minerals Ltd. Nov. 20 announced that an extensive mapping and sampling program carried out across Estelle this year has turned up, by far, the highest-grade gold sample ever collected from this project about 100 miles northwest of Anchorage, Alaska. While the 2023 drill program focused on expanding the 9.9-million-ounce gold resource outlined so far at Estelle, Nova geologists collected 674 soil samples, 446 rock samples, and 21 stream sediment samples from across the...
Northern Star Resources Ltd. Nov. 20 announced the discovery of Star, an emerging gold deposit about 1,300 meters southeast of the Leise and North zones that have contributed most of the 4.8 million ounces of gold that have been produced over the past 17 years at the Pogo Mine in Alaska. "Pogo drilling results continue to impress with near-mine opportunities underpinning the mine life and investment thesis for this operation," said Northern Star Resources Managing Director and...
State's inaugural sustainability report details the ESG advantages of looking North to Alaska for energy transition metals. The global energy transition has steered Alaska to a critical minerals crossroad that will shape the economic future of America's Last Frontier. On the one hand, the push for low-carbon energy is expected to put a dent in the demand for petroleum, which has been Alaska's economic lifeblood for more than five decades. On the other, Alaska happens to be...
From Pentagon's $37.5M grant to Graphite One to emerging nickel deposits, critical minerals are a hot AK mining topic. With Washington investing billions of dollars into ensuring safe and secure critical mineral supply chains, many mining companies are focusing more sharply on unlocking Alaska's potential to be a domestic source of the 50 minerals and metals critical to America's economic well-being and national security. The growing list of critical minerals being sought...
Kenorland Minerals Ltd. Nov. 15 announced that its 2023 program in Alaska included 2,541 meters of drilling funded by Antofagasta Minerals at its Tanacross copper-gold-molybdenum project along the Yukon border in eastern Alaska, as well as geophysics on its Healy gold project in the Goodpaster Mining District. In April, Kenorland announced that Antofagasta Minerals, a subsidiary of Chilean copper miner Antofagasta PLC, budgeted US$3.8 million for the 2023 program at...
Assays from first four holes return 0.34% Ni-eq over 300-meter widths. Alaska Energy Metals Corp. Oct. 30 reported that assays from two more holes at Nikolai further confirm the remarkable consistency of the disseminated nickel sulfides in the roughly 300-meter-thick Eureka Zone that runs roughly 10 miles (16 kilometers) across this nickel-copper-cobalt-platinum group metals project about 55 miles south of Delta Junction, Alaska. The nickel-enriched Eureka Zone at Nikolai has...
BEAVER CREEK, COLO. – The thin air at the 8,100-foot elevation of the 2023 Precious Metals Summit at Beaver Creek offers a perfect allegory for the markets faced by the gold and silver mineral exploration companies that summited the Rocky Mountains to connect with investors. Mineral explorers in good financial shape hardly noticed the relatively low concentrations of capital atop Beaver Creek Mountain, those in decent shape may be winded but are hopeful they have enough f...
Navigating the tumultuous waters of controversy and impassioned discourse, let us take a step back and embark on a journey through the history of an Alaska copper project that has proven to be as divisive as it is essential. Perhaps by exploring the compelling narrative of the Pebble Mine project, where the pursuit of precious resources indispensable for a zero-carbon future intersects with the call for environmental stewardship to safeguard heritage and a very way of life,...
Felix Gold drills up to 28% antimony, including 6.1m of 13% Sb at project near Fairbanks, AK Felix Gold Ltd. Oct. 19 reported that assays from the 2023 drill program at the NW Array target returned high-grade antimony that elevates the criticality of the company's Treasure Creek project in Alaska. Since its emergence on the Alaska mining scene in 2021, Australia-based Felix has amassed more than 150 square miles of gold-enriched properties in the Fairbanks Mining District of...
