The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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Amidst the growing demand for critical minerals, SPC Nickel Corp. made notable advances in 2024 at its Muskox project in Nunavut, Canada, uncovering exceptional nickel, copper, and platinum group metal (PGM) grades through a high-impact summer exploration program aimed at redefining the potential of this district-scale opportunity. Acquiring the Muskox project in 2021, SPC Nickel has been advancing its district-scale nickel-copper-PGM project, considered one of the last true...
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...
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...
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...
