The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 76 - 100 of 283
Dolly Varden Silver Corp. May 7 announced the start of a 2021 exploration program that includes a planned 10,000 meters of drilling that will initially focus on upgrading and expanding the Torbrit silver deposit on its Dolly Varden project in Northern British Columbia. Located about 25 miles (40 kilometers) southeast of Stewart, the roughly 8,800-hectare (21,745 acres) Dolly Varden property covers four historic mines that produced more than 19 million ounces of silver over fou...
Challenged by a spike of COVID cases in Alaska and unplanned downtime due to a failure of the primary conveyor that delivers ore to the mill, Northern Star Resources Ltd.'s Pogo Mine in Alaska produced less gold at higher costs during the first quarter of the Australian miner's fiscal year 2022, which began on July 1. These hurdles came at a time when crews were commissioning mill upgrades that will expand production rates to 1.3 million metric tons per year, which is a 30%...
Canada is positioning itself as the "global supplier of choice" for the critical minerals and metals essential to tomorrow's technologies, especially the almost unfathomable quantities of raw materials that will be required by a world transitioning to low-carbon energy and electric vehicles. "Demand for minerals and metals continues to grow with an increasing focus on critical minerals – vital in aerospace, healthcare, telecommunications and an array of clean technologies such...
Building upon a strong relationship it has made with Doyon Ltd., Tectonic Metals Inc. has entered into an agreement to lease the Flat gold project owned by the Alaska Native Claims Settlement Act regional corporation. Located about 25 miles north of the Donlin Gold project being advanced under a joint venture between Barrick Gold Corp. and Novagold Resources Inc., the 92,160-acre Flat property hosts intrusive-hosted, sheeted quartz vein gold mineralization similar to that...
Throughout the relatively short modern history of Alaska, many nameless and oft unrecognized explorers have contributed to the Last Frontier state in ways that future generations will never be able to truly appreciate. This, however, is not the case for Bill Ellis, an explorer and geologist who has gifted his knowledge and experience for nearly half a century and personifies the attitude needed to succeed in mineral exploration, optimism. As if by providence, Bill was born in...
Tectonic Metals Inc. Sept. 7 reported assays as high as 50.5 grams per metric ton gold from rock samples collected from the Jorts prospect at Tibbs South, a property immediately south of Tibbs being leased from Doyon Ltd. The mineralization in the rocks collected from South Tibbs appears to be veining associated with an intrusion-related gold system that strongly resembles the high-grade component of mineralization at Kinross Gold Corp.'s Fort Knox gold mine. Located in the Go...
Roughly 38,000 metric tons of rare earth concentrates were produced from American soil during 2020, yet the United States remains 100% reliant on foreign countries for its supply of these 17 elements critical to our modern high-tech society – an apparent paradox that speaks to the complexities of these enigmatic metals. The irony of rare earth elements (REEs) begins with their name, which is at the same time a misnomer and accurate descriptor. "All the REEs except p...
Tectonic Metals Inc. Aug. 18 reported that a deep-penetrating Titan-160 ground-based geophysical survey targeting has identified what appears to be low- and high-angle structures coinciding with gold-in-soil anomalies sharing the same geochemistry and host rocks as the gold-rich zones that have provided the bulk of the ore at Northern Star Resources Ltd.'s Pogo gold mine about 22 miles (35 kilometers) to the northwest. The geophysical survey was designed to determine the...
Adding to the major Australian investments in unlocking Alaska's mineral potential by South32 Ltd. and Northern Star Resources Ltd., junior explorer Nova Minerals Ltd. is briskly expanding the multi-million-ounce gold resource it has outlined over the past three years on its Estelle gold property in the state's Southcentral region. According to a calculation published in April, the Korbel Main deposit at Estelle hosts 518 million metric tons of inferred resource averaging 0.3...
Northern Star Resources Ltd.'s late 2018 acquisition of the Pogo gold mine in Alaska's Goodpaster Mining District was celebrated as both good news for the future of the underground gold mine and the rapidly expanding Down Under mining company's first major asset outside of Australia. "While the Pogo operation is currently our only asset in North America, it is a very good one to have," said Luke Creagh, Northern Star Resources' chief operating officer of the Pogo Mine and...
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...
Tectonic Metals Inc. July 20 announced it is entering the second phase of its 2021 exploration program at Tibbs in Alaska's Goodpaster Mining District with a deep-penetrating Titan-160 ground-based geophysical survey targeting gold-in-soil anomalies in an area prospective for flat-lying gold veins similar to those that have provided the bulk of the ore Northern Star Resources Ltd.'s Pogo gold mine about 22 miles (35 kilometers) to the northwest. "Tectonic's innovative...
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...
Contango ORE Inc. June 21 announced that it has raised US$10.9 million to fund its share of exploration and development of Manh Choh, a 1.2-million-ounce gold mine project in eastern Alaska being explored and developed in partnership with Kinross Gold Corp., as well as exploration on three other gold properties wholly owned by CORE. The financing involved the issuance of 523,809 CORE shares at US$21 each. Alaska Future Fund, an Alaska investment program launched in 2019 by...
After raising C$3.5 million in May, Tectonic Metals Inc. is gearing up for the start of its 2021 exploration in Alaska, which will be anchored by oriented core drill programs at its Tibbs and Seventymile gold projects. "It's time! The old saying, 'If you're not drilling, you're not finding gold' could not be more fitting right now for Tectonic," said Tectonic Metals President and CEO Tony Reda. "Our recent capital raise brought in additional sophisticated shareholders to...
Tectonic Metals Inc. June 28 announced the start of 2021 drilling at Tibbs, a gold exploration project about 22 miles (35 kilometers) southeast of Northern Star Resources Ltd.'s high-grade Pogo gold mine in Alaska's Goodpaster Mining District. This year's program at Tibbs is currently slated to include the drilling of 3,000 meters of oriented core in two phases separated by a TITAN-24 geophysical survey. "Tibbs hosts some of the highest tenor gold anomalies in the Goodpaster...
Kenorland Minerals Ltd. June 3 announced the start of a 4,000-meter drill program at the Healy gold project in Alaska's prolific Goodpaster Mining District. "We're thrilled to be back in Alaska and kicking off the maiden diamond drill program at Healy," said Kenorland Minerals CEO Zach Flood. "This project represents an excellent opportunity for another completely greenfields gold discovery." Healy covers numerous untested gold targets across a 45,600-acre (18,470 hectares)...
Northern Star Resources Ltd. April 21 reported that COVID-related challenges continue to impact gold production at its Pogo Mine in Alaska. The underground gold operation about 85 miles southeast of Fairbanks, Alaska produced 41,494 ounces of gold during the first quarter of 2021, which is down about 22% from the 53,375 oz recovered during the final quarter of 2020. Northern Star says the drop in gold production is due to earlier impacts to the rate of underground development...
Contango ORE Inc. April 29 announced it has staked 52,920 acres of state of Alaska mining claims covering a significant portion of the Richardson Mining District. This property, known as Shamrock, lies alongside the Alaska Highway about 70 miles southeast of Fairbanks, Alaska. In addition to excellent access via gravel roads and trails connecting to the paved highway, Shamrock boasts a high-voltage power line that runs along the southern property boundary. Since the discovery...
Resolution Minerals Ltd. March 24 announced the start of 2021 drilling at the 64North gold project in Interior Alaska. This early season program is expected to include 40 shallow rotary air blast holes to test the potential at Sunrise, a new gold prospect identified when a road was pushed into Aurora target area last year. "A fantastic opportunity was generated by RML's trenching and geophysics programs in 2020 which identified the potential of the outcropping Sunrise prospect...
Long before COVID-19 became a household name for a global pandemic, remote mining camps have needed to take precautions to ensure more common illnesses did not spread amongst the crewmembers that share common working, eating, sleeping, and lounging quarters. Now, they are tasked with battling a coronavirus that hides itself longer and is more severe than the common cold or flu. And, despite extensive testing and transmission prevention protocols, COVID-19 continues to find...
Alaska mines produced roughly $3.16 billion worth of non-fuel minerals during 2020, a slight increase over the $3.13 billion during 2019, according to Mineral Commodity Summaries 2021 published by the U.S. Geological Survey on Feb. 2 The rise in Alaska mine production value is largely due to higher gold output at Alaska's large mines and record setting prices for the precious metal last year. According to early estimates by the Alaska Division of Geological & Geophysical...
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...
Already headed toward the lowest level of annual mineral exploration spending in nearly two decades, the mining industry in Nunavut got broadsided by the coronavirus pandemic in 2020. Travel and workplace restrictions quickly imposed last spring by federal and local authorities to prevent the spread of the disease to the northern territory led some companies to cancel or postpone planned exploration programs until 2021. In February, Natural Resources Canada released figures...
