The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 10 of 10
Trilogy Metals Inc. June 8 provided details of the planned US$26.2 million exploration program slated for this year at the Upper Kobuk Mineral Projects in the Ambler Mining District of Northwest Alaska. Ambler Metals LLC, a joint venture company equally owned by Trilogy and South32 Ltd., has begun mobilizing equipment and crews for a summer field program that is expected to include at least 10,000 meters of diamond drilling, with additional meters contingent on drill...
Trilogy Metals Inc. April 20 reported that high-grade copper and zinc, reinforced with strong gold and silver, was cut in all the final nine holes from the 2021 drill program at the Arctic mine project in Northwest Alaska. Arctic is the most advanced deposit on the Upper Kobuk Mineral Projects, a 448,217-acre mineral-rich land package being advanced by Ambler Metals LLC, a joint venture company equally owned by Trilogy Metals and South32 Ltd. Arctic is a volcanogenic massive...
Trilogy Metals Inc. Jan. 25 reported that the latest batch of assays from the infill drilling at Arctic continues to confirm that high copper and zinc grades are the rule and not the exception at this volcanogenic massive sulfide deposit at the Upper Kobuk Mineral Projects in Northwest Alaska. A 2020 feasibility study details plans for a financially robust mining operation at this world-class deposit that would produce 1.9 billion pounds of copper, 2.3 billion lb of zinc, 388...
An abnormally long fall has allowed the Alaska mining industry to extend seasonal work well into mid-October, creating a lot of new information about project work conducted around the state. Exploration efforts, in particular, benefitted from this additional field time. Based on information available to date, 2019 exploration expenditures are expected to be in the $135-140 million range, well ahead of the $120-125 million exploration spending tracked for 2018. In addition,...
If you have watched the metals markets over the last month, you know why Alaska's mineral industry has surged, stalled, swerved, swooped, slowed, shelved and stuttered, sometimes all at the same time! Gold has gone above US$1,500 per ounce; copper pundits are predicting an increasingly dour future; zinc markets are looking to dive below $1.00 per pound; tin markets have marched strongly upward due to supply disruptions; and silver bulls are calling for annual worldwide...
While mining activity remained strong in the Northwest Territories in 2019, industry and government officials alike worried that the robust sector, driven largely by production at three diamond mines, has entered a prolonged downward slide. The near-term economic outlook for the territory, which covers 1.3 million square kilometers in Canada's central Arctic region, continues to be bleak as its diamond mines that have now passed peak production and replacement projects are in...
With a mild winter for most of Alaska behind us and an early spring in progress over much of the state, spring fever has once again laid its grip on the mining industry. A number of exploration and development programs are slated for the summer season, suggesting the mining industry has finally started to rise from the three-year miasma that has gripped it worldwide. A couple of macro-scale items also are pointing toward a more robust industry. The U. S. Geological Survey's...
Ending a streak of robust growth, mineral exploration spending in Alaska during 2012 took a downward turn from the record US$300 million spent a year earlier. "More advanced-stage projects that added ounces or pounds to their resource base had a better go of it than early-stage exploration projects which have taken a hard right cross to the jaw!" Curt Freeman, a well-known Alaska geologist and president of Fairbanks-based Avalon Development, observed in September. This blow de...
NyacAU LLC and Goldrich Mining Co. inked a deal in early April to create a joint-venture company to mine rich alluvial gold deposits that blanket the valleys of the vast Chandalar land package some 200 miles (320 kilometers) north of Fairbanks, Alaska. Goldrich brings to the newly formed partnership the placer potential of the 22,840-acre Chandalar Mining District, including a quarter-million-ounce drill-tested alluvial gold deposit on Little Squaw Creek and a multitude of...
DAWSON, Yukon Territory - Hardrock mining explorers are capitalizing on unprecedented investor interest and going after paying gold, silver, copper-rich porphyry, lead-zinc and other metal deposits here with uncommon gusto this summer. A few years ago, a multimillion-dollar, single-season exploration program would have been a rare commodity in the Yukon. But this year, at least a half-dozen juniors have joined one major, Kinross Gold Corp., and the Yukon's only producer, Capstone Mining Corp., in forking over megabucks to...
