The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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Resolution Minerals Ltd. (formerly Northern Cobalt Ltd.) Dec. 16 announced that it has formally entered into an option to joint venture Millrock Resources Inc.'s 64North gold project in Alaska. Previously known as the Goodpaster project, 64North includes nine claim blocks – West Pogo, Shaw, Eagle, LMS-X, South Pogo, East Pogo, North Pogo, Last Chance and Divide – covering roughly 160,000 acres in the Goodpaster Mining District, a gold-rich area of Interior Alaska anchored by...
As the year winds down, mineral industry evaluations for 2019 are being published at a rapid rate. One of the most interesting such global reviews is EY Global Mining and Metals' annual "risk radar" for mining and metals, outlining what mining companies perceive as the top ten risks facing them in the near future. This publication stated that, for the second straight year, "social license to operate" remains the number one risk facing mining companies in 2020. This was...
Northern Cobalt Ltd. (now Resolution Minerals Ltd.) Nov. 22 reported that the West Pogo access road has reached high-priority drill targets at Aurora Creek and a well is being drilled in preparation for a winter drill program slated to get underway by mid-February 2020. West Pogo is one of nine blocks of state of Alaska mining claims Millrock Resources Inc. has acquired and staked in the Goodpaster Mining District. Together known as the 64North (formerly Goodpaster) project, t...
PolarX Ltd. Aug. 6 reported that initial data from an induced polarization (IP) geophysical survey over the Saturn target at its Alaska Range project has identified large anomalies which are consistent with the porphyry copper‐gold mineralization being targeted by drilling that is now underway. Funded by an A$4.3 million investment by Lundin Mining Corp. in June, this 5,000-meter drill program is expected to include eight to 10 deep holes. PolarX identified Saturn as a p...
Go Metals Mining Corp. (formerly Go Cobalt Mining Corp.) July 29 announced the completion of an initial phase of 2019 exploration at its Monster copper-cobalt project about 90 kilometers (56 miles) north of Dawson City, Yukon. The Monster property covers a large iron oxide copper gold (IOCG) occurrence that extends for about 18 kilometers (11 miles). Surface sampling has identified copper, cobalt, gold, and silver showings across the entire property. The primary alteration...
PolarX Ltd. July 10 said a roughly 5,000-meter drill program is slated to begin this month at the Saturn copper‐gold porphyry target within its Alaska Range project. Funded with the recent AU$4.3 million investment by Lundin Mining Corp., this program is expected to include eight to 10 deep holes targeting a porphyry copper‐gold target identified in early 2018 through evaluation of regional aeromagnetic geophysical data and confirmed through a higher‐resolution survey carried...
Washington D.C.'s increased interest in securing a steadfast supply of critical minerals may prompt further advancement at Ucore Rare Metals Inc.'s Bokan Mountain, a Southeast Alaska project that hosts seven of the 35 minerals, metals and groups of elements that are considered critical to the United States. A federal interagency report published earlier this month by the U.S. Department of Commerce, "A federal strategy to ensure secure and reliable supplies of critical...
PolarX Ltd. March 25 announced that 3D modelling of magnetic data collected last year provides further evidence of a large porphyry copper-gold target at Saturn, an Alaska Range prospect previously known as Zackly SE due to its proximity to a high-grade skarn deposit on the Australian company's property. PolarX began its exploration at Alaska Range with expansion drilling at the known Zackly skarn, which hosts 3.4 million metric tons of inferred resource averaging 1.2 percent...
Titanium conjures images of the durable and lightweight metal used to build aircraft, replacement hips, high-end bicycle frames and even quality golf clubs. While its outstanding weight-to-strength ratio and corrosion resistance makes this critical metal ideal for these applications, roughly 93 percent of the world's titanium is used to impart a stark whiteness to many of the consumer goods we use every day. "Titanium is different than most other metallic elements in that it...
UPPER KOBUK MINERAL PROJECTS: A two-hour flight northwest of Fairbanks, Alaska lies one of the richest known undeveloped mining districts on Earth. This claim is evidenced by the rich deposits of copper, zinc, lead, cobalt, gold and silver outcropping from the Brooks Range mountains where this district is found; the copper-rich ore extracted from an exploration shaft dug by Kennecott in the 1960s; and the copper and cobalt mineralization that is easy for a journalist to...
With 13 holes drilled in 2017, CopperBank Resources Corp. has added more than 160 million pounds of copper to its Pyramid project on the Alaska Peninsula. "For a small investment in 2017, our team was able to significantly increase the scale, confidence and quality of the project," CopperBank Executive Chairman Gianni Kovacevic said upon the Feb. 2 release of an updated resource for Pyramid. Kovacevic has been a strong advocate for copper as a "green metal" that will see...
The Pebble Partnership Dec. 22 submitted permit applications for the Pebble Mine project to U.S. Army Corps of Engineers, initiating the project review process under the National Environmental Policy Act. With roughly 56.8 billion pounds copper, 70.4 million ounces gold, 3.4 billion lb molybdenum and 343.6 million oz silver in measured and indicated resource, Pebble hosts both the largest undeveloped copper and undeveloped gold resource on Earth. While a deposit of this size...
Titanium conjures images of the durable and lightweight metal used to build aircraft, replacement hips, high-end bicycle frames and even quality golf clubs. While its outstanding weight-to-strength ratio and corrosion resistance makes this critical metal ideal for these applications, roughly 93 percent of the world's titanium is used to impart a stark whiteness to many of the consumer goods we use every day. "Titanium is different than most other metallic elements in that it...
Canada is the world's top destination for mining exploration spending, attracting more than 14 percent of global budgeted expenditures from explorers seeking to tap the country's vast mineral wealth. Yet in 2017, the three huge mineral-rich territories to the north, Nunavut, Northwest Territories and Yukon Territory, lured only about C$360 million, or less than one-fifth of the roughly $2.1 billion that junior and senior mining companies invested in mineral exploration and dep...
Arguably, the process of adopting laws and regulations is well-intentioned; but like the blind men trying to describe an elephant, those who embrace the tail perceive a creature much unlike those who embrace a leg and their respective perceptions vary dramatically from those who grasp an ear. The question of how to deal with the affidavits of annual labor required by the Alaska Land Act and the regulations promulgated thereunder, where the affidavit contains some error, has...
Western Alaska Copper & Gold Oct. 17 reported results from the 2016 drill program at its Round Top copper-molybdenum project in the Illinois Creek Mining District of western Alaska. The goal of this program, which included the first drilling since Anaconda Minerals Co. tested the property in 1981, was to verify historical holes drilled at the east lobe of the Round Top deposit and then step out to test targets identified by recent soil geochemistry and high resolution...
Great American Minerals Exploration Inc. has closed a landmark option agreement with Sumitomo Metal Mining that consolidates the Monte Cristo and Uncle Sam gold properties into a single 55,465-acre project about 40 miles west of the Pogo Mine in Interior Alaska. GAME, as the company is commonly known, is no stranger to the Pogo region. In fact, the privately held Nevada corporation staked its first claims there in 1997 and has held onto a position in the area ever since. This...
After two years of legal wrangling, Pebble Limited Partnership and the U.S. Environmental Protection Agency have traded the courtroom floor for a negotiating table to resolve differences that would likely influence the viability of developing a mine at the world-class Pebble copper deposit in Southwest Alaska. In 2014, the Pebble Partnership filed a suit action in federal district court in Alaska, alleging that EPA violated the Federal Advisory Committee Act by working...
Pebble Limited Partnership and the U.S. Environmental Protection Agency are on the cusp of reaching a settlement of the longstanding legal dispute over the federal agency's attempt to use Section 404 (c) of the Clean Water Act to place pre-emptive restrictions on permits needed to develop a mine at the Pebble copper-gold-molybdenum project in Southwest Alaska. The federal court where the lawsuit was being heard granted a stay of proceedings until May 4 to provide Pebble and...
Is the impasse between Pebble Limited Partnership and U.S. Environmental Protection Agency over the potential development of the world-class Pebble copper deposit in Southwest Alaska about to be resolved? Northern Dynasty Minerals Ltd., currently the sole owner of the Pebble Partnership, believes the standoff will likely be over by January if an ongoing lawsuit between Pebble and the EPA runs its full course, and possibly sooner if the parties come to an agreement outside of...
TerraX Minerals Inc. Dec. 21 posted results from surface mapping and prospecting on the Southbelt property of the Yellowknife City Gold Project. Southbelt is about five kilometers (three miles) south of the city of Yellowknife and extends from the mine leases of the historic Con Mine, where more than 6 million ounces of gold was produced duringr a 60 year mine life. TerraX says extensions of several mineralized trends previously mined at Con, including the namesake Con Shear, which appears to extend up to five kilometers...
Nunavut is a vast and minerals-rich swath of the Earth's crust and Nunavummiut, or the people who live there, see mining as the foundation of the territory's future. "The mining industry brings employment and career opportunities for residents of Nunavut and provides much-needed economic benefits to families where the cost of living is high," said Nunavut Minister of Economic Development and Transportation Monica Ell-Kanayuk. To create the conditions for a strong mining...
After eight years of battling anti-mining policies being promulgated by the Obama Administration, the National Mining Association is cautiously optimistic about the positive change in the tone and substance of U.S. resource development policies since Donald Trump has moved into the White House. “The November election ushered in a surprisingly swift and dramatic change, particularly in the way people in Washington D.C. view natural resources,” NMA President and CEO Hal Quinn said during a June 28 keynote speech at the Res...
Northern Dynasty Minerals Ltd. May 20 reported the Pebble Limited Partnership and the U.S. Environmental Protection Agency have filed a joint motion in federal court to extend a stay of proceedings to May 4 in ongoing litigation under the Federal Advisory Committee Act. In 2014, the Pebble Partnership had filed a suit, alleging EPA violated FACA by working inappropriately close to anti-Pebble groups as the regulatory agency built a case for placing restrictions on yet to be applied for permits for the development of a mine...
TerraX Minerals Inc. June 27 said it has begun exploring its expanded Yellowknife City Gold project, immediately adjacent to the city of Yellowknife, Northwest Territories. This includes preliminary work on Eastbelt, a 290 square-kilometer (112 square miles) property that triples the size of the Yellowknife project. "As a result of our continued drilling success, improving market conditions and the ease of access to exploration adjacent to a mining town we have tripled our land holdings at Yellowknife to over 418 square...
