The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 13 of 13
Western Alaska Minerals Corp.'s 2024 exploration program at Illinois Creek focused on testing targets that lie between two established deposits at opposite ends of a roughly five-mile trend of carbonate replacement deposit (CRD) mineralization on this district-scale exploration project about 300 miles west of Fairbanks, Alaska. Over the previous three seasons, Western had focused much of its exploration on Waterpump Creek, a silver-rich CRD deposit at Illinois Creek. Based on...
In less than 18 months after listing on the Nasdaq with a $20 million initial public offering, U.S. GoldMining has more than doubled the amount of copper, gold, and silver in indicated resources within the namesake deposit on its Whistler project in the West Susitna Mineral district about 100 miles northwest of Anchorage, Alaska. "This 'trifecta' of commodities in the West Susitna is highly attractive at a time when all are currently experiencing strengthening commodity...
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...
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...
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...
