The mining newspaper for Alaska and Canada's North
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Western Alaska Minerals Corp. March 29 said a new geological interpretation based on 2021 and historical data suggests that the historical and high-grade Waterpump Creek silver-zinc-lead deposit may be part of a belt of similar carbonate replacement deposits along a 6,000-meter-long corridor that extends to the Central Illinois Creek pit. Expanding Waterpump Creek and testing this belt are expected to be the primary targets of an initial 6,000-meter drill program slated to...
PolarX Ltd. March 15 announced that it plans to carry out further drilling this year to expand upon the very high-grade copper mineralization encountered last year at its Caribou Dome project in Alaska. Located toward the western end of the Australia-based company's 22-mile- (35 kilometers) long Alaska Range property, Caribou Dome hosts 2.8 million metric tons of combined measured, indicated, and inferred resources averaging 3.1% (189.6 million pounds) copper in nine lenses of...
The U.S. Bureau of Land Management is leveraging its control over federal land along the Dalton Highway corridor to throw up a roadblock on the proposed industrial access to Alaska's Ambler Mining District. On March 11, BLM notified the Alaska Industrial Development and Export Authority that it has suspended a previously issued 50-year right-of-way that covers 25 miles of the proposed 211-mile road connecting the Ambler District to Alaska's highway system. Despite the receipt...
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...
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...
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...
Western Alaska Minerals Corp. Jan. 18 reported additional high-grade silver-zinc-lead intercepts from 2021 drilling at the Waterpump Creek carbonate replacement deposit on the company's Illinois Creek project in western Alaska. The more than 49,000-acre Illinois Creek Mining District property is home to the past-producing Illinois Creek Mine; Waterpump; about four miles northeast of the Illinois Creek open pit; Honker, a high-grade gold target about six miles north of the...
As a milestone toward achieving its mission to unlock the vast precious and base metals potential across its 35,520-acre Illinois Creek Mining District property, Western Alaska Copper & Gold successfully listed on the TSX Venture Exchange last November. Western Alaska Minerals Corp., the new name for the exploration company with a decade of success as a private explorer, gained its TSX.V listing via a reverse takeover merger with the already listed 1246779 B.C. Ltd. Prior to t...
ATAC Resources Ltd. focused its 2021 mineral exploration largely on the East Goldfield project in Nevada and the Connaught project in western Yukon, a departure from more than a decade of primarily exploring its district-scale Rackla Gold property in the Yukon. This shift in jurisdictional and project focus followed the Yukon government's rejection of the company's application for a permit to build a private road that would support advanced exploration and potential mine...
From exploring resource expansion and discovery targets on its namesake property to testing a potential hardrock source of the rich placer streams in the Sixtymile district near the Alaska border, White Gold Corp. continues to systematically advance multiple gold targets across its more than 1 million acres of prospective land in Yukon's prolific White Gold District. This work is bolstered by the technical and financial support of strategic partners Agnico Eagle Mines Ltd....
Since first coming to Alaska to explore zinc-rich volcanogenic massive sulfide deposits at Red Mountain, Australia-based White Rock Minerals Ltd. has continually added zinc-silver and gold targets within and on the outskirts of this project that has now been expanded to 323 square miles (836 square kilometers). The company's 2021 drill program tested high-grade zinc-lead-silver-gold VMS targets that attracted it to Red Mountain in the first place and the intrusion-related...
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...
Covering a roughly 450-mile stretch of postcard-worthy Gulf of Alaska coastline where glacier-carved fjords and bays teeming with fish, birds, and marine mammals are framed by dense forests of hemlock and spruce and majestic mountain vistas, the Chugach Alaska Corp. region epitomizes Alaska beauty. In addition to the immediately apparent abundance of subsistence, fishing, tourism, and timber resources, this 10-million-acre picturesque area along Alaska's southern coast is...
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...
The Koniag Inc. region covers the Kodiak Archipelago, a group of islands off the southern coast of mainland Alaska better known for their enormous brown bears than vast mineral potential. The Alutiiq people that arrived on Kodiak, Afognak, and surrounding islands more than 7,500 years ago were skilled mariners who were deeply connected to the ocean for food and supplies. Over the millennia, these roaming seafarers settled into whaling and fishing villages that sheltered...
Aleut Corp. is committed to promoting economic opportunities for its more than 4,000 shareholders while preserving the traditional culture and values developed from living in a ruggedly beautiful stretch of Alaska. From the community of Sand Point on the Alaska Peninsula to Attu near the western end of 167 named Aleutian Islands extending more than 1,000 miles off Southwest Alaska, the Aleut Corp. region forms a boundary between the Pacific Ocean and Bering Sea. This...
As an Alaska Native Claims Settlement Act regional corporation that is balancing traditional values with economic opportunities across a 26-million-acre picturesque and resource-rich traditional region at the epicenter of Alaska's highway system, Ahtna Inc. lies at a literal and figurative crossroads. Bordered by the majestic Alaska Range to the north, the equally beautiful Chugach Mountains to the south, the Canadian border to the east, and the Denali National Park to the...
The Bristol Bay region is home to two resources that beyond a doubt earn the moniker "world-class" – an annual run of sockeye salmon that is second to none and Pebble, the largest undeveloped copper and gold deposits known to exist on Earth. These world-renowned resources, however, have stirred up controversy in this Oklahoma-sized region of Southwest Alaska, as many of the roughly 7,400 Bristol Bay residents are concerned that mining the copper, gold, molybdenum, rhenium, and...
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...
After more than a decade of advancing multiple precious and base metals deposits and targets across its more than 49,000-acre Illinois Creek Mining District property as a private company, Western Alaska Copper & Gold is now a public junior explorer listed on the TSX Venture Exchange. Western Alaska Minerals Corp., the new name for the mineral exploration company, became listed on the TSX.V on Nov. 15 through a reverse takeover merger with the already listed 1246779 B.C. Ltd....
The Alaska Industrial Development and Export Authority Oct. 27 announced the receipt of $8.5 million in funds for the advancement of predevelopment work for the West Susitna Access Road project, which would extend into resource-rich areas west of Cook Inlet in Southcentral Alaska. "Investing in access projects creates the infrastructure necessary to bring natural resources to market, which creates good-paying jobs for Alaskan families and generates local tax revenue that...
Drill results from mineral exploration programs in Canada's Yukon Territory this year are beginning to roll in as numerous companies wind down 2021 field operations in what some describe as one of the busiest mining seasons in years. Coming on the heels of an eight-year capital market down-cycle, plus a 2020 season burdened with operating restrictions due to the COVID-19 pandemic, the current season is bringing more upbeat challenges to Canada's Far North typically associated...
White Rock Minerals Ltd. Sept. 28 reported that drilling has tapped spectacular zinc grades well outside the resource at Dry Creek, indicating the potential for a substantial expansion of this polymetallic volcanogenic massive sulfide deposit on the company's 323-square-mile (836 square kilometers) Red Mountain project in Alaska. Dry Creek and the nearby WTF deposits near the eastern end of the Red Mountain property host 9.1 million metric tons of Australian Joint Ore...
From the advancements of technology during the Bronze Age to the computers and telecommunication systems of today's Big Data Era, tin has been critical to human progress for at least 5,500 years. Sometime around 3500 BC, Sumerians living in modern day Turkey and Iran discovered that mixing a little tin with copper created bronze, an alloy that produced much more durable weapons and tools than those cast from copper alone. This cutting-edge discovery offered a strategic and...
From jewelry at a black-tie soiree to scrubbing harmful emissions from the exhaust system of a farm truck, the six platinum group metals – platinum, palladium, rhodium, ruthenium, iridium, and osmium – are metals that are both precious and critical to the United States and Canada. Extremely rare, durable, and with a brilliance that does not tarnish, platinum and other metals in its group are a treasured choice for high-end jewelry that stands the test of time. Three of the...