The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 25 of 37
As the largest producer of silver in the United States, Hecla Mining Company is well-positioned to be a reliable North American supplier of this precious metal critical to the transition to clean energy. Silver's criticality to the energy transition is primarily due to its use in solar panels, which require about 450,000 ounces of the highly conductive metal for every gigawatt of installed solar capacity. As a result, the 447 gigawatts of solar installed last year required...
With financial backing from Northern Star Resources Ltd. in its pocket and a compelling scoping study under its belt, PolarX Ltd. is focused on expanding high-grade copper resources and optimizing mining plans for its district-scale Alaska Range project. Lying just north of the Denali Highway about 160 miles (250 kilometers) northeast of Anchorage, the 22-mile-long Alaska Range land package comprises three primary groups of claims – Caribou Dome, Senator, and Stellar. C...
Building on years of groundwork, Osisko Metals Inc. made strategic progress at Pine Point in 2024 –advancing the project toward feasibility through a resource upgrade, finalizing design plans, and forging potential partnerships, all while positioning this historic zinc-lead district for future development. As part of its ongoing effort to revitalize Pine Point, an iconic zinc-lead district located on the southern shore of Great Slave Lake in Northwest Territories, Osisko M...
With the acquisition of 100% ownership of the high-grade Palmer copper-zinc-gold-silver project in Southeast Alaska, 2024 was a transitional year for American Pacific Mining Corp. American Pacific gained a roughly 45% joint venture in Palmer through the 2022 acquisition of Constantine Metal Resources Ltd., which was advancing the high-grade volcanogenic massive sulfide project near the port town of Haines toward a production and permitting decision in partnership with Dowa...
The roughly $55 million invested into exploration during 2024 continues Coeur Mining Inc.'s ongoing commitment to growing resources through the drill bit at its mines and project in the United States, Mexico, and Canada. "Organic growth from elevated levels of exploration investment has been a defining characteristic of Coeur over the last several years, and our commitment to exploration will continue in 2024," Coeur Mining President and CEO Mitchell Krebs penned in the...
After years of exploration and development, the project once known as Herbert Gold is positioning itself to likely become Alaska's next major gold producer. Supported by a newly updated mineral resource estimate, an ambitious mine plan, a partnership to construct essential infrastructure, and multiple rounds of funding, Grande Portage Resources Ltd. has set the stage for its transformation into a modern mining operation. In a nod to the region's rich mining heritage, Grande...
Having already outlined 25 million ounces of gold at Golden Summit, Freegold Ventures Ltd. focused its 2024 drill program on expanding the already world-class Dolphin-Cleary deposit to the west as it prepares for the start of a pre-feasibility study for this road-accessible project about 25 miles north of Fairbanks, Alaska. According to a calculation completed in September, Dolphin-Cleary hosts 23.8 million oz of open-pit mineable gold in all resource categories, plus 1.1...
The July 8 pouring of the first gold bar from the Manh Choh Mine marked a new phase of roughly half-a-million-ounce-per-year gold production at Kinross Gold Corp.'s iconic Fort Knox Mine in Alaska. This new chapter for Fort Knox is the product of the global mining company's "Kinross Alaska" strategy – an initiative launched in 2020 to enhance gold production in Alaska by supplementing the primarily heap leach-grade ore mined from the Fort Knox property with higher-grade mill f...
Now that Northern Star Resources Ltd. has the mill at Pogo outperforming its 1.3-million-metric-ton per year nameplate capacity, the Australia-based mining company is looking to build upon the 5.88 million metric tons of reserves averaging 8 grams per metric ton (1.52 million oz) gold at its Alaska mine and is looking to expand its presence in America's Last Frontier state. With the goal of ramping up gold production at Pogo to 300,000 oz per year, Northern Star invested in a...
With the financial and technical backing of BHP Group, Brixton Metals Corp. carried out a C$12.5 million ($9.2 million) program last year focused on expanding the mile-thick zones of porphyry copper-gold mineralization at Thorn and testing some of the other exploration targets across the district-scale project in Northern British Columbia. Lying in B.C.'s northwestern corner, about 55 miles (90 kilometers) northwest of Juneau, Alaska, the 2,945-square-kilometer (1,137 square m...
Navigating toward the development of a high-grade gold mine at New Polaris, Canagold Resources Ltd. completed 10,300 meters of resource expansion drilling at this historic mine site on the Tulsequah River in Northern British Columbia. Lying about 100 kilometers (60 miles) south of Atlin, B.C., and 35 miles (60 kilometers) northeast of Juneau, Alaska, New Polaris is the site of a historical high-grade gold mine that produced 232,000 ounces of gold from roughly 691,000 metric...
With 66% of the core from drilling into Surebet Corridor containing visible gold and 100% of them cutting mineralization, this more than 1,800-meter-long trend running across Goliath Resources Ltd. Golddigger property in Northern British Columbia is living up to its name. Located in the neighborhood of Dolly Varden Silver Corp's Kitsault Valley and Hecla Mining Company's Kinskuch gold-silver projects, Goliath's 52,756-hectare (130,363 acres) Golddigger property is in an increa...
Looking to build upon the roughly 900,000-ounce-per-year gold production at its two operating mines in Nunavut – Meadowbank and Meliadine – Agnico Eagle Mines Ltd. invested roughly $78 million into exploration at its two mines and one advance-stage project in the far northern Canadian jurisdiction. At nearly $45 million, the largest portion of the company's 2024 Nunavut exploration budget was invested in resource expansion and upgrade drilling at Hope Bay, an already dev...
While making its final push to the first gold pour at Goose Mine, B2Gold Corp. continues to explore the upside potential at its Back River gold project in Nunavut. Lying in southwestern Nunavut about 325 miles (520 kilometers) northeast of Yellowknife, Northwest Territories, the 144,245-acre (58,734 acres) Back River project consists of ten claim blocks – Bath, Beech, Boot, Boulder, Del, George, Goose, Malley, Needle, Wishbone. Since acquiring Back River through the C$1.1 b...
Focused on unlocking the vast untapped mineral potential of Nunavut's High Lake Greenstone Belt, Blue Star Gold Corp. had a productive 2024, employing a balanced yet targeted exploration strategy that prioritized both breadth and precision to uncover new deposits while advancing known resources across its extensive landholdings. "Our 2024 campaign leverages the results of a very successful 2023 program," said Blue Star CEO Grant Ewing. "Our large pipeline of high-quality...
Over the course of 2024, Gladiator Metals Corp. advanced its exploration of the Whitehorse Copper project, unveiling significant high-grade copper zones, refining its geological models with cutting-edge surveys and historical insights, and setting the stage for substantial resource growth and future development at this historic Yukon project. Throughout the year, Gladiator conducted a robust exploration program across its 5,280-hectare (13,294 acres) Whitehorse Copper...
The 2024 exploration season marked a transformative year for Klondike Gold Corp. as breakthroughs in geological understanding redefined the historic Klondike District, uncovering new high-grade gold zones and expanding major fault structures across its expansive Yukon property. Located about 20 kilometers (12 miles) southeast of Dawson City, the Klondike District Gold Project covers 727 square kilometers (280 square miles) of the legendary Yukon goldfields, an area known for...
Throughout 2024, Cascadia Minerals Ltd. made significant strides at its flagship Catch copper-gold project in Yukon, Canada, uncovering high-grade copper intercepts and new gold targets while advancing other promising properties and ultimately reinforcing its position as a leader in Yukon copper exploration. Located about 56 kilometers (35 miles) southeast of Carmacks, the Catch property spans 117 square kilometers (45 square miles) within an underexplored region of southcentr...
Following a productive 2023, Banyan Gold Corp. launched a focused exploration program at the AurMac project in Yukon, Canada, expanded its resource estimate by another million ounces, and began laying the groundwork for the future of this emerging gold project. Located in Yukon's prolific Tombstone Gold Belt, AurMac is a highly prospective property situated 40 kilometers (25 miles) from Mayo and 356 kilometers (221 miles) from Whitehorse, the capital of Yukon. Covering 173...
In alignment with the United States' goal to bolster domestic production of minerals critical to national security and the broader economy, Felix Gold Ltd. is focused on accelerating the development of a 5,000-metric-ton-per-year antimony mine on its Treasure Creek project about 12 miles north of Fairbanks, Alaska. Treasure Creek is part of a larger land package Felix began assembling in 2020 that covers roughly 151 square miles of the Fairbanks Mining District, a region of...
Alaska Energy Metals Corp. kicked off 2024 with a mineral resource encompassing more than 8 billion pounds of nickel in the Eureka Zone on its Nikolai project and compelling evidence that this bulk tonnage deposit is substantially larger than what was outlined during the company's inaugural drill program at this project about 80 miles southeast of Delta Junction, Alaska. Nikolai is comprised of two blocks of claims – Eureka and Canwell – that each host compelling nickel target...
With financial backing from the Pentagon, a loan offer from the Export-Import Bank of the United States, and an American automaker signing up to buy future supplies of graphite for the batteries powering its electric vehicles, Graphite One focused its 2024 work on collecting the final information needed for a feasibility study that will provide details of a complete mine-to-EVs graphite supply chain in the United States. The first link of this supply chain outlined in the...
From a massive resource expansion and eco-friendly bioleaching breakthroughs to strategic financial growth and strengthened community partnerships, Canadian North Resources Inc. propelled its Ferguson Lake project forward in 2024, establishing it as one of North America's most promising critical metals developments for clean energy and high-tech industries as it moves into 2025. Following extensive drilling and geophysical work in 2023, which revealed higher-grade deposits...
Fueled by a successful 2023 season, Fireweed Metals Corp. expanded its exploration efforts, formed strategic collaborations, and achieved several milestones, culminating in another transformative year for the Macmillan Pass (Macpass) project in Yukon, Canada. With significant resource growth and notable sustainability initiatives, this zinc-lead-silver explorer has positioned itself for another promising year ahead. As 2024 began, Fireweed Metals initiated plans to undertake...
Fortune Minerals Ltd.'s efforts to establish a North American supply of metals critical to the energy transition at its NICO project in Northwest Territories received a $11.9 million (C$16.2 million) boost from federal grants awarded by both Canada and the United States. Located about 100 miles (160 kilometers) northwest of Yellowknife, NICO is a near-development stage project that includes an intriguing mix of critical and precious metals. According to a 2020 development plan...
