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 50
Millrock Resources Inc. Nov. 21 reported that the 2022 drilling being carried out by Felix Gold Ltd. continues to cut significant near-surface gold mineralization in multiple zones on the Treasure Creek property in Alaska's Fairbanks Mining District. As a private company, Felix entered into a strategic alliance with Millrock in 2021 on several Interior Alaska gold exploration projects – Treasure Creek and Ester Dome near the city of Fairbanks, plus the Liberty Bell project abo...
Felix hits gold at Treasure Creek; Resolution awaits more assays from Tourmaline Ridge Australian mineral exploration companies have been busy this summer with drill programs targeting gold prospects on the Treasure Creek and 64North projects that Millrock Resources Inc. has generated in Alaska's Fairbanks and Goodpaster mining districts. Treasure Creek is one property that makes up an enormous land package that Millrock and Felix Gold Ltd. have accumulated in the Fairbanks...
Felix Gold Ltd. Aug. 1 announced additional near surface gold intercepts from the 15,000-meter drill program being carried out this year on the Treasure Creek project about 20 miles north of Fairbanks, Alaska. Situated about 13 miles west of Kinross Gold Corp.'s Fort Knox Mine, Treasure Creek hosts numerous prospects with interesting drill intersections reported by previous explorers on the property. Roughly 2,000 soil samples collected last year identified two key targets...
Cutting 28.9 meters averaging 1.43 grams per metric ton gold in its second hole, Felix Gold Ltd. is off to a strong start at its Treasure Creek project a few miles north of Fairbanks, Alaska. Felix is an Australian mineral exploration company that was founded specifically to explore for gold in the Fairbanks Mining District, which was discovered by the company's namesake, Felix Pedro, in 1902. Early in 2022, Felix entered into a strategic alliance with Millrock Resources Inc....
Felix Gold Ltd. May 25 announced that it has leased 6,203 acres of gold prospective properties in the Fairbanks Mining District from the Alaska Mental Health Trust Land Office. Lying between Felix' Northeast Fairbanks and Treasure Creek claim packages, this newly leased MHT group of claims lies within 400 meters of the mill at Kinross Gold Corp.'s Fort Knox Mine and roughly 200 meters from the Dolphin deposit on Freegold Ventures Ltd.'s Golden Summit project. Felix says the...
Millrock Resources Inc. May 4 announced that Felix Gold Ltd. has begun drilling on the Treasure Creek gold project north of Fairbanks, Alaska. Early in 2021, Felix entered into an alliance with Millrock on several Interior Alaska gold exploration projects – Treasure Creek and Ester Grant near Fairbanks, plus the Liberty Bell project about 70 miles to the southwest. Earlier this year, Felix completed a A$10 million (U$7.1 million) initial public offering and listed on the A...
From an expected multimillion-dollar exploration program on the hardrock sources of the placer gold discovered by Felix Pedro in the Fairbanks Mining District 120 years ago to preliminary investigations of the Nikolai nickel-copper-cobalt-chromium-platinum group element project recently added to its portfolio, Millrock Resources Inc. is looking forward to a busy year of exploration on the properties it has generated in Alaska. "Millrock is looking forward to a very active...
While copper has the potential to be a major contributor to Alaska's economic future, this "new oil" of the low-carbon economy will be hard-pressed to beat out the old money being produced at current and coming gold mines across the Last Frontier. This is due in large part to Kinross Gold Corp.'s new "Kinross Alaska" strategy that is leveraging the underutilized 14-million-metric-ton-per-year mill and storage capacity at Fort Knox to process higher-grade ore mined from...
Felix Gold Ltd. Jan. 31 announced the completion of an A$10 million (U$7.1 million) initial public offering and listing on the Australian Securities Exchange under the ASX symbol FXG. "This is a significant milestone for your company and the board of Felix would like to thank all shareholders for their strong support," Felix Gold Managing Director and CEO Kylie Prendergast penned in a Jan. 31 letter to shareholders. "Listed or unlisted, our overarching objective of becoming a...
As a project-generating exploration company, Millrock Resources Inc. identifies and secures grassroots mineral projects and brings on partners to fund the high-risk early stages of exploration. In recent years, many of these have been with Australian companies intrigued by Alaska's rich and underexplored mineral potential. During 2021, Millrock was actively working with two such Aussie explorers on Alaska gold projects – Felix Gold Ltd. in the Fairbanks Mining District and R...
Millrock Resources Inc. Nov. 30 announced that its exploration partner in the Fairbanks Mining District, Felix Gold, has filed a prospectus with the Australian Securities and Investments Commission that initiates the process to become a publicly-traded company on the Australian Securities Exchange. If successful, Felix Gold plans to raise between A$10 million and A$13 million (US$7.1 million and US$9.3 million) in an initial public offering, and its shares would begin trading...
Spread across the Tanana Valley foothills, accessible by road, rail, and air, Fairbanks is called Alaska's Golden Heart City for a reason. Laying claim to a colorful history, the city at the center of the Last Frontier has its roots dug deep from the many mining discoveries throughout the century within the simply named Fairbanks Mining District. Although early exploration had Russian traders in and around the Tanana region, it would not be until 1885 when Henry Tureman...
HOPE, Alaska – An Alaska partnership between Trout Unlimited and Kinross Gold Corp. demonstrates that cooperation and collaboration are more powerful than conflict and polarization when it comes to conserving the environment while also producing the minerals and metals the world needs and wants. This strength-in-partnerships strategy is on full display in Alaska's historic Hope gold mining district, where Trout Unlimited, Kinross, Hope Mining Company, U.S. Forest Service, a...
Accounting for at least US$100 million invested in mineral exploration and mine development in Alaska during 2021, Australian companies continue to work along the entire breadth of the Last Frontier's mining industry – from discovery to doré. Following a year in which COVID-19 protocols and travel restrictions made exploring Alaska challenging, especially for companies headquartered half a world away, this impressive investment in Alaska's mining sector demonstrates that Do...
An Alaska-based mineral explorer that has long attracted Australian companies to projects it has generated, Millrock Resources Inc. is actively working with two such companies on gold exploration projects in Interior Alaska – Felix Gold Ltd. in the Fairbanks Mining District and Resolution Minerals Ltd. in the Goodpaster Mining District. "The exploration season is in full swing in Alaska," Millrock Resources President and CEO Greg Beischer said earlier this month. "Our f...
Millrock Resources Inc. July 7 provided an update on the Alaska gold exploration programs being carried out in partnership with two Australia-based mineral explorers – Felix Gold Ltd. in the Fairbanks Mining District and Resolution Minerals Ltd. in the Goodpaster Mining District. "The exploration season is in full swing in Alaska," said Millrock Resources President and CEO Greg Beischer. "Our funding partners are mounting very significant campaigns that could result in new gol...
Millrock Resources Inc. Feb. 13 announced that it has expanded its Fairbanks Mining District gold properties and its partner Felix Gold Ltd. has added David Larimer to lead the exploration of the growing portfolio in Interior Alaska. In January, Millrock announced it had vended its Fairbanks area properties to Felix Gold Ltd. and would be working with this newly formed Australian mineral exploration company to expand upon and advance exploration on these Interior Alaska gold...
Millrock Resources Inc. Feb. 10 announce that it has staked 208 new state mining claims associated with the Treasure Creek and Ester Dome gold properties, expanding its total land position in the Fairbanks Mining District to approximately 49,900 acres. These Interior Alaska claims are subject to purchase agreements with Felix Gold Ltd., a private Australian gold explorer that is expected to gain a listing on the Australian Securities Exchange (ASX) in the coming months. Under...
Millrock Resources Inc. Jan. 12 announced that it has vended three of its Alaska gold exploration projects – Treasure Creek, Ester Dome, and Liberty Bell – to Alaska-based subsidiaries of Felix Gold Ltd., a newly formed Australian mineral exploration company. Millrock Resources President and CEO Greg Beischer said the team behind Felix Gold are well respected for their technical expertise and the respect of the financial groups in Australia. "It is a private company, but they...
As a project generating exploration company, Millrock Resources Inc. identifies and secures grassroots mineral projects and brings on partners to fund the high-risk early stages of exploration. Currently, this work is primarily focused on gold and copper projects in Alaska and Mexico. One of the largest and most intriguing Millrock generated project is 64North, which covers a 163,240-acre swath of Alaska's Goodpaster Mining District. This large land package has been divided...
A true northern pioneer far from his Eastern European home, 'Wise' Mike Stepovich, settles in a new land and leaves behind a historic legacy in Alaska's Golden Heart City. The history of Fairbanks is not unlike many other gold rush settlements, rife with rugged explorers, savvy tycoons and luckless vagabonds. So, the melting pot of happenstance plays its hand again and begets a fascinating tale of a frontier city and a man far from home. It is hard to say whether Stepovich...
"Pedro's Pan," a children's book subtitled, "A Gold Rush Story," was written by Matthew Lasley and illustrated by Jacob Souva. An engaging 32-page tale, it is a rare gem – a small volume that tells a big story. Narrated by an Alaska prospector's gold pan, the book is cleverly written and wonderfully illustrated. From cover to cover, it is a sheer delight that young children will find intriguing, funny and exciting. Older children and adults will be equally captivated, not o...
Spurred by a record-setting pace at Kinross Gold Corp.'s Fort Knox Mine, Alaska gold production topped 1 million ounces during 2013, a golden milestone not achieved by Last Frontier gold miners since 1906. Though more than a century lies between these monumental milestones, they are linked by a discovery made by Felice Pedroni, an Italian immigrant better known to Alaskans as Felix Pedro. It was Pedro's gold find in an Interior Alaska stream in 1902 that sparked the Fairbanks...
Reclamation is a critical element of modern mining and mine planning. In Alaska, companies who wish to extract minerals from the earth must first present a plan on how they propose to return the disturbed land to a reusable state and post financial assurances that they will complete the job. Planning for what the site will look like and be used for begins before any mining is started. The information needed to design a successful reclamation plan is gathered from the...
Kinross Gold Corp. subsidiary, Fairbanks Gold Mining Inc., recently received accolades for its reclamation of Fish Creek, a stream draining the Fort Knox gold mine area. The Alaska Conservation Alliance and the Resource Development Council presented the Tileston Award, which celebrates resource developers whose success is measured both in their positive effect on Alaska jobs and economy as well as the state's environment, at a ceremony on Oct. 1. The reason the efforts by the...
