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(242) stories found containing 'Freegold Ventures'


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  • A map of Felix Gold’s exploration properties north of Fairbanks, Alaska.

    Felix Gold claims more Fairbanks ground

    Shane Lasley, Mining News|Updated May 26, 2022

    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...

  • A drill tests for gold at the Golden Summit project north of Fairbanks, Alaska.

    Wide and wider Golden Summit intercepts

    Shane Lasley, Mining News|Updated May 26, 2022

    Freegold Ventures Ltd. May 18 reported more wide sections of strong gold mineralization and even wider sections of bulk tonnage gold mineralization were encountered in the latest batch of holes from the 2021 drilling at the Dolphin deposit on the company's Golden Summit project about 20 miles north of Fairbanks, Alaska. During 2021, Freegold completed more than 38,000 meters of resource expansion around the Dolphin deposit, as well as the adjacent Cleary Hill Vein System,...

  • Freegold Ventures Golden Summit Alaska Dolphin Cleary Hill Fairbanks link veins

    Testing Golden Summit growth potential

    Shane Lasley, Mining News|Updated Mar 24, 2022

    Freegold Ventures Ltd. reported additional strong gold mineralization from 2021 holes drilled in both the Cleary Vein and Dolphin zones on its Golden Summit exploration project about 25 miles north of Fairbanks, Alaska. Located about 25 miles north of Fairbanks, Alaska, and adjacent to Kinross Gold Corp.'s Fort Knox Mine, Golden Summit hosts 61.5 million metric tons of indicated resource averaging 0.69 grams per metric ton (1.36 million ounces) gold; and 71.5 million metric...

  • Felix Gold Millrock Resources Fairbanks Mining District project generator 2022

    Busy 2022 on Millrock's Alaska projects

    Shane Lasley, Mining News|Updated Mar 4, 2022

    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...

  • Exploring Alaska's golden mining future

    Shane Lasley, Data Mine North|Updated Feb 24, 2022

    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...

  • Freegold Ventures Golden Summit Fort Knox Alaska Fairbanks Mining District

    2022 Golden Summit program underway

    Shane Lasley, Mining News|Updated Feb 24, 2022

    Freegold Ventures Ltd. Feb. 9 said crews are preparing for the start of the 2022 drill program at the company's highway-accessible Golden Summit project about 25 miles north of Fairbanks, Alaska. An initial 20,000-meter drill program slated for this year will target the continued expansion of the higher-grade gold mineralization encountered within the Dolphin deposit and adjacent Cleary Hill area over the past two years. Prior to 2020, most of the drilling at Golden Summit...

  • Felix Gold Pedro Fairbanks Mining District map Millrock Resources Treasure Creek

    Felix Gold completes A$10 million IPO

    Shane Lasley, Mining News|Updated Feb 10, 2022

    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...

  • assays pending 2022 Victoria Gold HighGold Mining Benchmark Metals

    Assays are still pending going into 2022

    Shane Lasley, Mining News|Updated Feb 3, 2022

    Assays are pending, the unofficial slogan of the 2021 mineral exploration season across Alaska and Canada's North, is a phrase that continues to echo in a void left by the lack of drill results going into the new year. "'Assays pending' has become one of the least popular phrases around the industry this year, given the painfully slow turnaround time at the labs," Tectonic Metals Inc. President and CEO Tony Reda penned in a year-end update on the Vancouver, British Columbia-ba...

  • Freegold Ventures Golden Summit Alaska magazine Mining Explorers 2021

    A more Golden Summit for Freegold

    Shane Lasley, Data Mine North|Updated Jan 26, 2022

    Building upon the golden success of its 2020 exploration, Freegold Ventures Ltd. struck more bonanza gold while expanding upon the multi-million-ounce Dolphin deposit with a more than 38,000-meter drill program carried out during the 2021 program at its road accessible Golden Summit project about 25 miles north of Fairbanks, Alaska. Prior to 2020, most of the drilling at Golden Summit focused on Dolphin, a deposit that hosts 61.5 million metric tons of indicated resource...

  • Freegold Ventures Dolphin deposit map Golden Summit assay results drilling 2021

    Freegold cuts 231m of 1.22 g/t gold at GS

    Shane Lasley, Mining News|Updated Dec 2, 2021

    Freegold Ventures Ltd. Nov. 3 reported that its ongoing 40,000-meter resource upgrade and drill program at Golden Summit cut broad zones of much higher-than-resource-grade gold mineralization at and around the Dolphin deposit, along with narrow high-grade gold intercepts. Located about 25 miles north of Fairbanks, Alaska, and adjacent to Kinross Gold Corp.'s Fort Knox Mine, Golden Summit hosts 61.5 million metric tons of indicated resource averaging 0.69 grams per metric ton...

  • Freegold Ventures Golden Summit assay results Dolphin deposit map Cleary zone

    Wide zone of strong gold at Golden Summit

    Shane Lasley, Mining News|Updated Nov 18, 2021

    Freegold Ventures Ltd. Oct. 19 reported that the latest batch of results from this year's drilling at Golden Summit includes holes that cut broad zones of higher-than-resource-grade gold mineralization at and around the Dolphin deposit and narrow zones of high-grade gold at the adjacent Cleary zone. Located about 25 miles north of Fairbanks, Alaska, and adjacent to Kinross Gold Corp.'s Fort Knox Mine, Golden Summit hosts 61.5 million metric tons of indicated resource...

  • Critical Minerals Alliances tungsten Bear Mountain Alaska SpaceX Canada Gilmore

    Tough tungsten vulnerable to China control

    Shane Lasley, Data Mine North|Updated Sep 16, 2021

    Extremely hard and with the highest melting point of all the metals, tungsten's toughness is legendary. Like many of the other metals that have found their way onto critical mineral lists in Canada, Europe, and the United States, this durable metal is vulnerable to Chinese control. "World tungsten supply was dominated by production in China and exports from China," the U.S. Geological Survey inked in its 2021 mineral commodities report. It is estimated that mines in China...

  • Freegold Ventures Fairbanks Alaska Golden Summit Dolphin drill program map

    Drills tap more Golden Summit-style gold

    Shane Lasley, Mining News|Updated Sep 2, 2021

    Freegold Ventures Ltd. Aug. 18 reported that this year's drilling continues to cut wide sections of above- resource-grade gold mineralization and shorter bonanza-grade intercepts at its Golden Summit project about 25 miles north of Fairbanks, Alaska. Prior to 2020, most of the drilling at Golden Summit focused on Dolphin, a deposit that hosts 61.5 million metric tons of indicated resource averaging 0.69 grams per metric ton (1.36 million ounces) gold; and 71.5 million metric...

  • Trilogy Metals South32 Upper Kobuk Mineral Projects Alaska Ambler District

    South32 ups 2021 investments in Alaska

    Shane Lasley, Mining News|Updated Aug 26, 2021

    When Australia-based South32 Ltd. decided to expand its portfolio into the Northern Hemisphere, Alaska was its first stop. Under a deal struck with Trilogy Metals Inc. in 2017, South32 agreed to invest more than US$175 million to earn a 50% joint venture interest in the massive Upper Kobuk Mineral Projects in Alaska's world-class Ambler Mining District. After investing more than US$30 million to fully understand the mineral potential at UKMP, the major base metals producer...

  • Freegold Ventures Golden Summit Clearly Hill Fairbanks Alaska Dolphin map

    Making the connection at Golden Summit

    Shane Lasley, Mining News|Updated Jun 10, 2021

    Freegold Ventures Ltd. June 3 announced that the first hole of its 40,000-meter 2021 drill program at Golden Summit cut a more than 420-meter-thick zone of strong gold mineralization between the current bulk-tonnage Dolphin resource and the spectacularly high-grade Cleary Hill area on this highway accessible property about 25 miles north of Fairbanks, Alaska. Prior to the 2020 program, most of the drilling at Golden Summit focused on Dolphin, a deposit that hosts 61.5 million...

  • Golden Summit Alaska Freegold Ventures pending assays 2020 drill program

    Golden Summit living up to its moniker

    Shane Lasley, Mining News|Updated Apr 29, 2021

    While earlier bonanza grade gold from the 2020 drill program at Freegold Ventures Ltd.'s Golden Summit property in Alaska was impressive, one drill intercept in the latest batch of results returned by far the highest grade gold intercept drilled by the company so far. This hole, GS2017, cut 1.7 meters averaging a staggering 588 grams per metric ton (18.9 ounces per metric ton) gold. This was part of a 219.8-meter intercept that averaged 1.61 g/t gold. This longer intercept...

  • Freegold Ventures Golden Summit Fairbanks Alaska map assay highlights

    Tracing high-grade gold at Golden Summit

    Shane Lasley, Mining News|Updated Feb 25, 2021

    When it comes to what global mining companies are looking for in a gold exploration project, Freegold Ventures Ltd.'s Golden Summit property in Alaska seems to have it all. Broad zones of bulk tonnage intrusive related gold? Freegold tapped 573 meters averaging 1.21 grams per metric ton gold during its 2020 program at Golden Summit. More interested in high-grade gold? The 2020 program also tapped grades as high as 169.5 g/t (4.9 ounces per metric ton) gold over two meters....

  • Alaska mining sector Donlin Sprott Kinross HighGold Mining Explorers 2020

    Alaska exploration recovers from COVID-19

    Shane Lasley, Mining News|Updated Feb 4, 2021

    Strong metal prices and an infusion of cash from notable resource investors helped to salvage much of a 2020 mineral exploration season in Alaska that became lethargic with disruptions, delays, and shelving of field programs infected by the COVID-19 pandemic early in the year. At its onset, 2020 was looking like it would be the best year for Alaska's mining sector in a decade. Australia-based mining companies were slated to invest nearly US$100 million in mineral exploration...

  • Mining Explorers 2020 Alaska Freegold Ventures Kristina Walcott Golden Summit

    Freegold strikes bonanza gold in Alaska

    Shane Lasley, Mining News|Updated Jan 17, 2021

    Freegold Ventures Ltd. struck gold in Alaska, both literally and figuratively, during 2020. While it is no surprise that the Vancouver, British Columbia-based mineral explorer tapped gold at Golden Summit – the company had already outlined nearly 3 million ounces of precious metal on the property bordering Kinross Gold Corp.'s Fort Knox Mine – the bonanza grades encountered in the first hole of the 2020 season reminded investors of the project's high-grade roots. Situated alo...

  • EVs renewable energy require more copper than petroleum fueled power

    Alaska set to deliver copper to green world

    Shane Lasley, Mining News|Updated Dec 23, 2020

    Considering the global shift to low-carbon energy and electric mobility, copper is the most vital metal not on the United States Geological Survey's list of 35 minerals and metals considered critical to America's economic wellbeing and security. Copper's importance is due to the rapidly emerging electric vehicle, wind turbines and photovoltaic (PV) solar technologies need a lot more copper than the combustion cars and power plants they are replacing. It is estimated that the...

  • Tungsten metal in SpaceX Falcon rocket engine nozzles during launch

    Tough tungsten at high supply risk in US

    Shane Lasley, Mining News|Updated Dec 23, 2020

    America's supply of tungsten, an extremely durable metal that is vital to a broad range of American industrial sectors, is at high-risk. A recent U.S. Geological Survey assessment to identify which mineral commodities are most at risk to supply disruptions ranked tungsten near the top of the list – alongside rare earth elements, cobalt and graphite, platinum group metals and tungsten. Like many of its neighbors at the top of the mineral commodity supply risk list, much of the...

  • Golden Summit Freegold Ventures Ltd. Fort Knox Kinross Gold Corp. Cleary Hill

    Golden Summit assays are worth the wait

    Shane Lasley, Mining News|Updated Nov 25, 2020

    A highly anticipated and long-awaited batch of assay results show that Freegold Ventures Ltd.'s 2020 drill program at Golden Summit continues to tap bonanza grade gold along with the very wide sections of bulk tonnage mineralization for which the property is known. Located about 25 miles north of Fairbanks, Alaska and on the north border of Kinross Gold Corp.'s Fort Knox gold mine property, Golden Summit hosts 61.5 million metric tons of indicated resource averaging 0.69 g/t...

  • Kinross Alaska Fort Knox Gold mine near Fairbanks

    Kinross Alaska seeking gold across state

    Shane Lasley, Mining News|Updated Oct 29, 2020

    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...

  • Historic gold mine Fairbanks Mining District Interior Alaska

    Golden Summit results begin to trickle in

    Shane Lasley, Mining News|Updated Sep 26, 2020

    Freegold Ventures Ltd. Sept. 11 reports results from a second hole that validates its hypothesis that higher grade gold mineralization extends west from the historic Cleary Hill Mine, which produced 281,000 ounces of gold from ore averaging 1.3 oz per ton before the operation was shuttered during World War II. The first hole of a winter drill program that got underway in March, GSDL2001, cut 188 meters averaging 3.69 grams per metric ton gold from a depth of 360 meters. This...

  • Gold bars Kinross Gold Fort Knox Mine Fairbanks Alaska

    Metal prices soften blow to Alaska miners

    Shane Lasley, Mining News|Updated Sep 26, 2020

    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,...

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