The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 26 - 50 of 198
Originally formed as a private company in 2018, Valhalla Metals Inc. launched onto the TSX Venture Exchange in the fall of 2022 with two high-grade volcanogenic massive sulfide projects at either end of Alaska's famed Ambler Mining District that are enriched with copper, zinc, silver, and gold. "In a time when the United States is working to secure domestic sources of critical minerals, we are happy that we could successfully complete the transaction to acquire two high-grade...
Trilogy Metals Inc. Nov. 29 reported that the first assays from the 2022 program at the Upper Kobuk Mineral Projects are from infill holes that cut multiple zones of high-grade copper, zinc, lead, gold, and silver mineralization that has come to be expected within the Arctic deposit. The 10,738-meter drill program at UKMP this year included 8,376 meters of drilling at Arctic, the most ever drilled into this world-class volcanogenic massive sulfide deposit during a single seaso...
BLM anticipates publishing second draft EIS before mid-2023 and final record of decision by end of the year. Trilogy Metals Inc. Nov. 23 reported that the U.S. Bureau of Land Management expects to reach a final decision on the Ambler Access Project – a proposed 211-mile road that would connect the Upper Kobuk Mineral Projects to Alaska's highway system – by the end of 2023. This industrial access road would provide an economical means of delivering mineral concentrates con...
Trilogy Metals Inc. Oct. 5 announced the completion of the 2022 program at the Upper Kobuk Mineral Projects that included 10,739 meters of resource upgrade and geotechnical drilling at the Arctic mine project, and exploration drilling of targets across the wider property that covers much of the Ambler Mining District in Northwest Alaska. Ambler Metals LLC, a joint venture company equally owned by Trilogy and South32 Ltd., originally budgeted US$26.2 million to carry out...
Alaska-focused Valhalla Metals lists on TSX-V, raises C$10.2M Rick Van Nieuwenhuyse, a longtime Alaskan geologist renowned for founding and serving as the top executive of both Novagold Resources Inc. and Trilogy Metals Inc., has launched yet another publicly traded company focused on exploring Alaska's incredible mineral potential – Valhalla Metals Inc. Originally formed as a private company in 2018, Valhalla picked up two high-grade volcanogenic massive sulfide projects a...
Federal agency is accepting public input on second Ambler Road EIS until Nov. 4 After months of uncertainty, the United States Bureau of Land Management has provided some clarity to the plans to carry out further review of the Ambler Access Project – a proposed 211-mile road that would link Ambler Metals' Upper Kobuk Mineral Projects (UKMP) in Northwest Alaska to the Dalton Highway. BLM, the U.S. Army Corps of Engineers, and the National Park Service issued a joint record o...
Replacing this oft-maligned lithium-ion battery metal comes at a cost Traditionally a headline-grabbing metal due to the perceived human rights and monetary costs it adds to lithium-ion batteries and the electric vehicles they power, cobalt is being overshadowed by the enormous demand and price increases for the lithium and nickel that also go into the storage cells that deliver the "E" to the EV revolution. Cobalt, however, continues to be a vital ingredient that improves...
Chiefs from the Doyon region and village leaders from the NANA region came together for a meeting at Ambler Metals' Upper Kobuk Mineral Projects to gain a first-hand understanding of the mining proposed for the Ambler Mining District, as well as to discuss the economic benefits this resource development and a proposed road into the region could have on both the Alaska Native Claims Settlement Act (ANCSA) regions represented. "One of our core values is respect – for people, t...
Last week my good friend and colleague Curt Freeman wrote an article titled: "Is it time to press the reset button?". The article made me laugh and got me thinking – and rather than just falling in line with all the Dorothy's out there and just whine about it or blame COVID, Putin, Biden or the Billionaires club, I decided to proffer a few tangible suggestions that I believe are within reach and importantly - largely within our control, say within the next ten years; we j...
Trilogy Metals Inc. June 8 provided details of the planned US$26.2 million exploration program slated for this year at the Upper Kobuk Mineral Projects in the Ambler Mining District of Northwest Alaska. Ambler Metals LLC, a joint venture company equally owned by Trilogy and South32 Ltd., has begun mobilizing equipment and crews for a summer field program that is expected to include at least 10,000 meters of diamond drilling, with additional meters contingent on drill...
Trilogy Metals Inc. April 20 reported that high-grade copper and zinc, reinforced with strong gold and silver, was cut in all the final nine holes from the 2021 drill program at the Arctic mine project in Northwest Alaska. Arctic is the most advanced deposit on the Upper Kobuk Mineral Projects, a 448,217-acre mineral-rich land package being advanced by Ambler Metals LLC, a joint venture company equally owned by Trilogy Metals and South32 Ltd. Arctic is a volcanogenic massive...
United States District Court Judge Sharon Gleason confirmed the U.S. Department of Interior's request to remand the previously issued federal permits for construction of the proposed 211-mile Ambler Access Project but ruled the permits will not be terminated altogether. Earlier this year, DOI requested a voluntary remand of the previously issued joint record of decision that authorized a right-of-way across federal lands for building the industrial-use-only road that would...
While hailing President Joe Biden's use of the Defense Production Act to bolster domestic production of critical lithium-ion battery minerals and metals as good news for the Far North State's mining sector, Alaska Gov. Mike Dunleavy says this move contradicts actions taken by the administration to reevaluate a road to the Ambler Mining District. "I fully support the President making the development of these minerals a priority in our nation's interest. But the Biden...
Trilogy Metals Inc. March 17 reported additional "outstanding but not unexpected" results from the 2021 infill drilling at the Arctic deposit on the Upper Kobuk Mineral Projects in Northwest Alaska. The company also provided a brief update on the U.S. Department of Interior's suspension of permits to build a road to the Ambler Mining District where UKMP is located. Being advanced by Ambler Metals LLC, a joint venture operating company equally owned by Trilogy and South32...
In a move criticized by a wide swath of Alaska policymakers and trade organizations, the Biden administration has filed a motion to reverse the federal authorizations for a proposed 211-mile road to the mineral-rich Ambler Mining District in Northwest Alaska. "You would think President Biden would want to improve access to American sources of copper and other strategic minerals that are needed in our combined efforts to increase renewables. Instead, actions like this only...
The Alaska Industrial Development and Export Authority and Ambler Metals LLC have agreed to equally fund $30.8 million for a 2022 field program to advance the Ambler Access Project, a proposed 211-mile road that serves as an Alaskan epitome of connecting the aspirations of a low-carbon future with the large volumes of minerals and metals required to build the electric vehicles and renewable energy infrastructure that will make the green energy future a reality. The World Bank...
Trilogy Metals Inc. Jan. 25 reported that the latest batch of assays from the infill drilling at Arctic continues to confirm that high copper and zinc grades are the rule and not the exception at this volcanogenic massive sulfide deposit at the Upper Kobuk Mineral Projects in Northwest Alaska. A 2020 feasibility study details plans for a financially robust mining operation at this world-class deposit that would produce 1.9 billion pounds of copper, 2.3 billion lb of zinc, 388...
Trilogy Metals Inc. Jan. 20 published an updated mineral resource estimate for Bornite that shines a spotlight on the very high copper and cobalt grades in the underground South Reef area of this world-class deposit on the Upper Kobuk Minerals Projects in the Ambler Mining District of Northwest Alaska. Located about 15 miles southwest of Arctic, the most advanced of the UKMP projects, Bornite is a large and high-grade deposit that hosts 6.3 billion pounds of copper and 88...
6 is shaping up to be a pivotal year for unlocking the world-class potential of the Ambler Mining District in Northwest Alaska. Toward realizing this potential, Ambler Metals LLC, a joint venture equally owned by Trilogy Metals Inc. and a subsidiary of South32 Ltd., has budgeted US$28.5 million for 2022. This program is slated to include drilling, engineering studies, and the initiation of permitting for Arctic, the first mine to be developed on its Upper Kobuk Mineral...
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, the major 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, South32 agreed to pay US$145 mil...
Goldman Sachs' declaration that "copper is the new oil" may serve as a foreshadowing of Alaska's economic future, one that is not so heavily reliant on the revenues from petroleum flowing from the North Slope and leans more heavily on the state's rich endowment of precious, critical, and base metals. The investment bank's suggestion that copper is to become the strategically most important commodity on Earth is due to the vital role the conductive metal plays in global...
With the Upper Kobuk Mineral Projects being advanced under a joint venture with South32 Ltd., Trilogy Metals Inc. has begun exploring for Arctic-type volcanogenic massive sulfide deposits on three properties it staked across the southern slopes of the Brooks Range in northern Alaska during 2021. "While Trilogy is focused on the oversight of our primary asset, the UKMP which is being managed by Ambler Metals LLC, the joint venture company equally owned by Trilogy Metals and Sou...
The Red Dog Mine has been a gamechanger for the more than 15,000 Iñupiat shareholders of NANA Corp., the Alaska Native Claims Settlement Act (ANCSA) regional corporation that owns the world-class Red Dog deposits in Northwest Alaska that are the source of nearly 5% of the world's new zinc supply each year. The revenues from shipping out more than 1 billion pounds of zinc annually, along with healthy portions of lead, silver, and minor amounts of germanium, have served as a...
Pioneer Alaskans swore that Alaska's economy would be destroyed if "the Natives" secured control of any lands in Alaska. However, they did not realize how practical and pragmatic Alaska Natives have had to be to survive and thrive in their Arctic homeland. Whatever tool was needed to survive, Alaska Natives created it with the minimal materials at hand-skin, wood, stone, jade, copper, seashells, mud, plants, flint, obsidian, snow, and ice. With the settlement of Alaska Native...
Valhalla Metals Inc., a privately held junior mining company focused on the exploration of the Sun and Smucker properties in Alaska's Ambler Mining District, may soon have easier access to funding through a merger with SolidusGold Inc., a company listed on the TSX Venture Exchange. Under a tentative agreement announced on Nov. 29, Solidus would acquire Valhalla through an exchange of shares that would result in current Valhalla shareholders owning 80% of the resulting company...
