The mining newspaper for Alaska and Canada's North
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Nova Minerals Ltd. Dec. 11 reported that its 2023 drilling has cut broad sections of high-grade gold with resource upgrade and expansion drilling at the RPM North deposit on its Estelle property in Alaska. "These latest drilling results at RPM North confirm the consistency of mineralization and also clearly indicate the potential for resource growth, both in terms of size and confidence," said Nova Minerals CEO Christopher Gerteisen. "Several drill holes intersected...
Nova Minerals Ltd. Nov. 20 announced that an extensive mapping and sampling program carried out across Estelle this year has turned up, by far, the highest-grade gold sample ever collected from this project about 100 miles northwest of Anchorage, Alaska. While the 2023 drill program focused on expanding the 9.9-million-ounce gold resource outlined so far at Estelle, Nova geologists collected 674 soil samples, 446 rock samples, and 21 stream sediment samples from across the...
From Pentagon's $37.5M grant to Graphite One to emerging nickel deposits, critical minerals are a hot AK mining topic. With Washington investing billions of dollars into ensuring safe and secure critical mineral supply chains, many mining companies are focusing more sharply on unlocking Alaska's potential to be a domestic source of the 50 minerals and metals critical to America's economic well-being and national security. The growing list of critical minerals being sought... Full story
Nova Minerals Ltd. Nov. 15 announced that its 2023 surface sampling program has discovered strong antimony mineralization alongside the gold, silver, and other metals at the Train and Trumpet targets on the company's 198-square-mile (513 square kilometers) Estelle project about 100 miles northwest of Anchorage. While Nova continues to primarily be focused on expanding the 9.9 million ounces of gold it has outlined so far at Estelle, the Australian company has identified...
Nova Minerals Ltd. Aug. 21 announced the start of discovery drilling at Train, a highly prospective gold target about 4.5 miles (seven kilometers) north of the RPM deposit on the company's 9.9-million-ounce Estelle gold project in Alaska. "We are excited to be putting the first holes into our never before drill tested Train prospect where surface gold occurrences collected over several years by geologists have indicated that another large IRGS (intrusive related gold system)...
Dunleavy takes a first-hand look at mine projects at end of a proposed 100-mile road into West Susitna area. Alaska Gov. Mike Dunleavy and Department of Transportation and Public Facilities Commissioner Ryan Anderson visited the Whistler copper-gold and Estelle gold exploration projects during a recent tour of the western end of the proposed West Susitna Access Road in Southcentral Alaska. Extending 100 miles northwest from Port McKenzie near Anchorage, the West Susitna Road...
Nova Minerals Ltd. July 3 announced the start of a 15,000-meter drill program targeting the higher-grade gold mineralization identified in the RPM and Train areas at the southern end of Estelle, a district-scale Alaska property that hosts 1.1 billion metric tons of global resources averaging 0.3 grams per metric ton (9.9 million ounces) gold. "We are very excited to return to the field again in 2023 to continue to build on the exceptional growth we have shown in just four...
Nova Minerals Ltd. May 16 announced that crews and equipment have been mobilized to Estelle for a planned 15,000-meter drill program that will primarily target the higher-grade gold identified in the RPM and Train areas of the property. In April, the company reported that Estelle hosts 1.1 billion metric tons of global resource averaging 0.3 grams per metric ton (9.9 million ounces) gold. According to the new calculation, the Korbel Main deposit at the north end of the...
Coming together to recognize the potential Alaska can bring to the table for the global transition to renewable energy, the 2023 Alaska Sustainable Energy Conference invited leaders in government, academia, industry, and investment from across the globe to participate in discussions and to be educated on the challenges and opportunities that the Last Frontier State presents as it looks forward to the next century of energy. Alaskans often remark about their home being a state... Full story
Ragusa Minerals Ltd. May 22 announced that sampling carried out toward the end of the 2022 exploration season has identified and confirmed two gold targets on the Monte Cristo project about 100 miles (160 kilometers) northwest of Anchorage, Alaska. Located just east and south of U.S. GoldMining Inc.'s Whistler copper-gold project and Nova Minerals Ltd.'s Estelle property, Monte Cristo is a 125-square-mile (323.7 square kilometers) land package that hosts several gold profits...
Nova Minerals Ltd. April 10 announced that the Estelle project in Alaska now hosts 9.9 million ounces of gold in 1.1 billion metric tons of global resource averaging 0.3 grams per metric ton gold. While this represents only a marginal increase over a resource estimate completed a year ago, the company says the more conservative geological modeling used for the current resource better positions the project for more detailed studies moving forward. "While the current MRE...
U.S. GoldMining Inc. April 24 announced that it has closed a US$20 million initial public offering that provides the newly minted company with funds for the exploration and development of the Whistler copper-gold-silver project in Alaska. "The launch of U.S. GoldMining supports our confidence in the potential for the Whistler Project and stands testament to the caliber of our team," U.S. GoldMining CEO Tim Smith said upon the completion of the IPO. "U.S. GoldMining is now...
Extending Alaska's limited road network 100 miles northwest from the Port MacKenzie area near Anchorage into the West Susitna area would open up a new area for Alaskans to visit the great outdoors, provide highway access to this mineral-rich region, and create a new revenue stream for the state, according to an independent economic study carried out by McKinley Research Group. "The West Susitna Road is important for local residents and gaining fair access to hunting, fishing,...
Nova Minerals Ltd. March 9 announced wide gold intercepts from the first ever drilling at Cathedral, a discovery about 1,500 meters southwest of the 8.1-million-ounce Korbel Main gold deposit on the company's Estelle property in Alaska. Reconnaissance exploration at Cathedral target in 2020 included sampling of outcropping quartz-arsenopyrite veining that returned grades as high as 114 grams per metric ton gold. Five other samples collected from this highly prospective target...
Gold dominates Alaska mineral exploration, but a critical shift arises. Since the discovery of gold in what is now the Alaska capital city of Juneau, prospectors, geologists, and fortune seekers have spent more than 140 consecutive summer seasons exploring The Last Frontier's golden potential. With these endeavors turning up rich aurum lodes in every corner of the state, except for the oil-rich North Slope, the nearly century-and-a-half tradition of seeking and discovering wor... Full story
Nova Minerals Ltd. Jan. 15 announced the discovery of a large high-grade gold system within the emerging RPM Mining Complex at the southern end of the company's Estelle property in Alaska. Located about 100 miles (160 kilometers) northwest of Anchorage, Alaska's largest city, the 125-square-mile (324 square kilometers) Estelle property hosts two deposits – Korbel and RPM – with a combined 9.6 million ounces of gold and multiple prospects and targets across an 18-mile- (29 kil... Full story
By the time the calendar flipped to 2022, Nova Minerals Ltd. had outlined 9.6 million ounces of gold in the inferred and indicated resource categories at its Estelle project. And with the drills cutting intercepts such as 258 meters averaging 5.1 grams per metric ton gold, the Australia-based company was quickly adding gold to the resources on this 125-square-mile property about 100 miles northwest of Anchorage, Alaska. In February, Nova published a "snapshot in time" scoping...
Nova Minerals Ltd. Dec. 21 said its resource expansion drilling at RPM is building a strong case for this high-grade gold deposit to be a second smaller mining center on the company's Estelle project in Alaska. Located about 100 miles (160 kilometers) northwest of Anchorage, Alaska's largest city, the 125-square-mile (324 square kilometers) Estelle property hosts two deposits with a combined 9.6 million ounces of gold and multiple prospects and targets across an 18-mile- (29...
Nova Minerals Ltd. Oct. 4 reported that drilling continues to cut wide sections of strong gold mineralization at the RPM North deposit on the Australian company's Estelle project in Alaska. Located about 100 miles (160 kilometers) northwest of Anchorage, Alaska's largest city, the 125-square-mile (324 square kilometers) Estelle property hosts two deposits with a combined 9.6 million ounces of gold and multiple of prospects and targets across an 18-mile- (29 kilometers) long...
From flashlights to supercomputers, tin is the glue for an electronic age Lost in the clamor for lithium, nickel and other metals needed for the batteries powering electric vehicles and modern electronics, or the rare earth elements that turn stored energy into motion, is the enormous need for a much more modest metal that is so fundamental to the advancement of technology that it almost goes unseen – tin. While other technology metals are critical to certain products and s...
Tests potential high-grade zone near Korbel Main gold deposit Nova Minerals Ltd. Aug. 30 reported the start of drilling at Cathedral, an exploration target about 1,000 meters southwest of the 8.1-million-ounce Korbel Main gold deposit on the company's Estelle property in Alaska. Reconnaissance exploration at Cathedral target in 2020 included sampling of outcropping quartz-arsenopyrite veining that returned grades as high as 114 grams per metric ton gold. Five other samples...
Nova Minerals Ltd. Aug. 22 followed up on the long sections of high-grade gold assays reported earlier this month from drilling at RPM North with even longer sections of higher-grade gold at this exciting gold deposit on the Australia-based explorer's Estelle property in Alaska. Located about 16 miles south of the 8.1-million-ounce Korbel gold deposit at the north end of the Estelle property, RPM hosts 23.1 million metric tons of inferred resource averaging two grams per...
"Grade is king" is an adage that guides mineral exploration and mining. The premise behind this basic axiom of the mining business is the less ore that needs to be mined and processed per ounce of precious metals, pound of base metals, kilogram of critical minerals, or carat of gemstones produced, the more profitable an operation will be. The kingliest of orebodies would be of such high grade that a mining company would simply need to dig up the ore, crush it, and then ship it...
Wide sections of high-grade gold cut in the first holes drilled this year at RPM North continue to demonstrate the robust nature of this emerging gold deposit on Nova Minerals Ltd.'s Estelle property in Alaska. Located about 16 miles south of the 8.1-million-ounce Korbel gold deposit at the north end of the Estelle property, RPM hosts 23.1 million metric tons of JORC-compliant inferred resource averaging two grams per metric ton (1.5 million oz) gold. With only six holes...
Nova Minerals Ltd. Aug. 8 reported highly encouraging gold recovery results from its first phase of metallurgical test work on mineralization from its high-grade RPM North deposit on the Estelle property in Alaska. Currently, it is envisioned that ore mined from RPM would be transported to a central processing facility at Korbel, a larger but lower grade gold deposit that lies about 16 miles to the north. According to an initial scoping study completed earlier this year, a...