The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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EMX Royalty Corp., a company that has found success in generating royalties through low-cost property acquisition and early-stage exploration, has recently acquired gold royalties in Alaska's Goodpaster Mining District. "EMX is very excited about our interest in Goodpaster," EMX Royalty CEO David Cole said in a recent interview with Maurice Jackson of Proven and Probable. "The Goodpaster District is host to the Pogo Mine, which is a mine that has produced over three-almost...
In the famous words of Sherlock Holmes, the game is afoot! After seasonally slower news from Alaska's mining industry in March and April, the dam has broken with over two dozen Alaska mining project news releases issued in the last month. Including those projects moving forward that have not released their 2019 plans, Alaska has become a very busy place under the sun. All of our major metal mines reported strong performances in the first quarter, several of Alaska's most...
With at least five companies investing heavily in securing ground, acquiring royalties and drilling at and around the Pogo Mine, Goodpaster Mining District has emerged as the hottest destination for gold exploration in Alaska during 2019. The US$30 million to US$40 million Australia-based Northern Star Resources Ltd. is investing in exploration at its newly acquired Pogo Mine alone would be enough to make Goodpaster the most explored district in Alaska this year. "We've got 12...
Millrock Resources Inc. April 24 reported that it has staked a large block of claims adjacent to Northern Star Resources Pogo gold mine property in Interior Alaska and has attracted funds to explore Millrock's expanded land package in the Goodpaster Mining District. "We believe that the Goodpaster District will ultimately prove to be a gold mining camp of significant stature. The area has seen very little exploration despite the obvious potential and proximity to...
The Goodpaster Mining District in Interior Alaska adds credence to the sourdough mining adage "gold is where you find it." Unlike the 8.3 million ounces of placer gold recovered from the Fairbanks Mining District to the west, 1.2 million oz from the Circle Mining District to the northwest or 20 million oz from Yukon's Klondike District to the east, the Goodpaster Mining District has thrown off a paltry 2,050 oz of placer aurum. Yet, Northern Star Resources Ltd.'s Pogo Mine in...
EMX Royalty Corp., a company that has found success in generating royalties through low-cost property acquisition and early-stage exploration, nabbed significant royalties on properties in Alaska's Goodpaster Mining District. EMX nabbed a foothold in this district that hosts Pogo, a high-grade underground gold mine owned by Northern Star Resources Ltd., when it invested C$1 million to acquire 7.14 million shares of Millrock Resources Inc. early this year. Prior to the EMX...
Primarily focused on gold, copper and silver, Millrock Resources Inc. is a project generating mineral exploration company that has built a large portfolio of highly prospective mineral exploration properties in Alaska, British Columbia and Mexico. Many of the projects the company has generated have been sold recently to other companies in exchange for cash and shares of the company acquiring and exploring the project. For 2019, Millrock focused largely on amassing a large...
