The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 11 of 11
Buyout will bring Johnson Tract into Contango Ore's pipeline of high-quality Alaska gold mine projects. In a deal that brings three high-quality Alaska gold projects into a single portfolio, Contango ORE Inc. has entered into a definitive agreement to acquire HighGold Mining Inc. in an all-shares deal valued at roughly $37 million (C$55 million). "The combination of HighGold and Contango makes a tremendous amount of strategic sense for both sets of shareholders – it is a t...
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...
HighGold Mining Inc. is rapidly unlocking the potential of Johnson Tract, a high-grade polymetallic gold project that exemplifies the exceptional mineral exploration opportunities Alaska has to offer. A parcel of land privately-owned by Cook Inlet Regional Inc., an Alaska Native regional corporation more commonly known as CIRI, Johnson Tract is a moderately advanced gold project that has flown under the radar for more than two decades. By the 1990s, exploration by Anaconda...
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...
Attracting the attention of some of the biggest names in the resource investment world, HighGold Mining Inc. raised C$13.8 million in July to fund an expanded drill program at its Johnson Tract gold project in Southcentral Alaska. HighGold Mining was formed in 2019 to explore gold properties spun out of Constantine Metal Resources that included Johnson Tract. Situated on Cook Inlet Region Inc., or CIRI, land about six miles west of Cook Inlet and roughly 125 miles southwest...
With more than half of Alaska's entire population living within its region, Cook Inlet Region Inc., more commonly known as CIRI, is the most metropolitan of the 12 landholding Alaska Native regional corporations. While CIRI has leveraged its urban position with retail developments such as Tikahtnu Commons, an enormous retail and entertainment center on the outskirts of Anchorage, the Southcentral Alaska regional corporation also has oil and gas, renewable energy and mining...
HighGold Mining Inc. Nov. 5. reported a long section of world-class gold-zinc-copper mineralization in its first hole at the Johnson Tract gold project in Southcentral Alaska. The newly formed company's inaugural hole, JT19-082, cut 107.8 meters averaging 12.42 grams per metric ton gold, 8.9 g/t silver, 0.88 percent copper, 7.11 percent zinc and 1.64 percent lead – or 19.55 g/t gold-equivalent. "Johnson Tract is one of an elite few gold deposits to generate drill i...
Constantine Metal Resources Ltd. June 28 reported that recent resampling of historical core from the Johnson Tract gold property in Southcentral Alaska returned long zones of high-grade gold, along with zinc, copper, lead and silver. The results from this resampling are included in a technical report filed in advance of a July 25 meeting for shareholders to vote on Constantine's proposal to spin out Johnson Tract and the company's other gold properties into HighGold Mining...
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...
Constantine Metal Resources Ltd. May 21 said it has finalized a deal to lease the Johnson Tract gold property from Cook Inlet Region Inc., an Alaska Native regional corporation more commonly known as CIRI. Situated about six miles west of Cook Inlet and roughly 125 miles southwest of Anchorage, the 20,942-acre Johnson Tract property hosts a gold and base metals deposit that is reminiscent of the historical Eskay Creek Mine in neighboring British Columbia and a 7.5-mile...
HighGold Mining Inc. was launched this summer to explore gold properties spun out of Constantine Metal Resources Ltd. While the spin-out of HighGold was not finalized until early August, the new company hit the ground running with drills turning at Johnson Tract, a gold-rich volcanogenic massive sulfide VMS project in Southcentral Alaska. Situated about six miles west of Cook Inlet and roughly 125 miles southwest of Anchorage, the 20,942-acre Johnson Tract property hosts a gol...
