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  • Great start at Palmer

    Shane Lasley, Mining News|Updated May 3, 2018

    From wide zones of high-grade copper and zinc in resource expansion drilling to a discovery hole with grades worthy of being compared to Greens Creek, Constantine Metals Resource and Dowa Metals & Mining's 2017 drill program at the Palmer volcanogenic massive sulfide project in Southeast Alaska is off to a great start. After investing US$22 million into Palmer over the previous four years, Dowa Metals & Mining Alaska Ltd. earned a 49 percent joint venture interest in the... Full story

  • Expanding Pyramid copper

    Shane Lasley, Mining News|Updated Feb 6, 2018

    CopperBank Resources Corp. sees the need for copper rising sharply as the world shifts to renewable energy sources and believes its Pyramid porphyry copper-gold-molybdenum project on the Alaska Peninsula ideally suited to help fill that demand. CopperBank was founded by self-proclaimed "realistic environmentalist" Gianni Kovacevic, who drove a Tesla Model S sedan across North America last year to raise awareness about the symbiotic relationship between the mining and green...

  • Roads to Yukon resources

    Shane Lasley, Mining News|Updated Jan 24, 2018

    Roads to some of Yukon's richest mining districts are getting more than C$360 million in upgrades. Canada Prime Minister Justin Trudeau rolled out the plans to invest in modern transportation infrastructure during a visit to the territory on Sep. 2. "Modern infrastructure is key to developing and properly managing the incredible natural resources we have at our fingertips," Trudeau said. The prime minister pledged C$247.8 million to the Yukon Resource Gateway project, a... Full story

  • Prospects for change

    Updated Jan 19, 2018

    After eight years of battling anti-mining policies being promulgated by the Obama Administration, the National Mining Association is cautiously optimistic about the positive change in the tone and substance of U.S. resource development policies since Donald Trump has moved into the White House. “The November election ushered in a surprisingly swift and dramatic change, particularly in the way people in Washington D.C. view natural resources,” NMA President and CEO Hal Quinn said during a June 28 keynote speech at the Res... Full story

  • Solitario acquires Lik

    Shane Lasley, Mining News|Updated Jan 18, 2018

    The Lik zinc-lead-silver project in Northwest Alaska is under new ownership. Solitario Zinc Corp., the company that will now push Lik towards development, is the result of Solitario Exploration & Royalty Corp., a Colorado-based company, buying out Zazu Metals Corp., the company that has been advancing Lik over the past decade. Located some 14 miles from Red Dog, a mine that singlehandedly accounts for nearly 5 percent of the world's zinc production, Lik is situated in a... Full story

  • Bold moves pay off

    Shane Lasley, Mining News|Updated Jan 16, 2018

    With roughly US$5 million of exploration being carried out on its projects in Alaska, British Columbia and Mexico this year, Millrock Resources Inc. is beginning to reap the benefits of the upswing in the mining sector. "During the industry downturn, Millrock moved boldly to grow its property portfolio," said Millrock President and CEO Greg Beischer. "Now that metal prices and investor sentiment have improved, we are ramping up exploration efforts significantly." This ramp up...

  • Well-timed funding

    Shane Lasley, Mining News|Updated Jan 15, 2018

    Buried deep in a US$1.1 trillion spending bill that funds the United States government through the end of September is around US$20 million that could bolster Ucore Rare Metals' strategy to recover rare earth elements from non-traditional sources in the United States and clean up waste from historic uranium mining on the company's Bokan Mountain property in Alaska. "The U.S. government's dedication of over US$20 million in 2017 to projects which are directly aligned with...

  • Peak Gold resource

    Shane Lasley, Mining News|Updated Jan 15, 2018

    Having outlined 1.26 million ounces of gold, 5.11 million oz of silver and 39.6 million pounds of copper in the measured and indicated resource category at the Peak deposits, Royal Gold and Contango Ore are now looking for new zones of similar high-grade gold mineralization at other prospect across theTetlin gold project near Tok, Alaska. “Having discovered and now defined a substantial body of ore, our drilling plans for the summer of 2017, which commenced in mid- May, are ta...

  • Cutting red tape

    Shane Lasley, Mining News|Updated Jan 15, 2018

    American miners hailed President Donald Trump’s plans to slash the red tape holding back infrastructure projects in the United States as positive step in repairing the United States’ deteriorating roads, rails, ports, and airports – a move that could also bolster the industrial sector that would supply the sand, gravel, concrete, zinc, copper and other mined materials needed for the President’s proposed US$1 trillion infrastructure enterprise. “President Trump’s welcome ini...

  • Polaris on the rise

    Shane Lasley, Mining News|Updated Jan 15, 2018

    Australia-based Polaris Minerals Ltd. is set to debut as a new exploration company focused on advancing Caribou Dome and Stellar, high-grade copperand copper-gold projects in Alaska. This new exploration company will be the product of a merger between Coventry Resources, a Perth-based junior that has focused on exploring and expanding Caribou Dome for the past two years, and Vista Minerals Pty Ltd., a privately owned Down Under explorer that owns rights to the adjacent...

  • Back to Donlin Gold

    Shane Lasley, Mining News|Updated Jan 14, 2018

    If this year's US$8 million drill program is any indication, Barrick Gold Corp. and Novagold Resources Inc. are getting serious about building "the largest pure gold mine in the world" at their Donlin Gold project in Southwest Alaska. "Donlin Gold's size, grade, production profile, exploration potential, mine life, community support and jurisdictional safety render it a unique asset in the gold industry," said Novagold President and CEO Greg Lang. "Both partners envision...

  • Virtual Alaska gold mining

    Shane Lasley, Mining News|Updated Jan 14, 2018

    Year-round placer gold mining in Alaska will be possible starting this winter, at least virtually, if a Poland-based video game developer gets "Gold Rush: The Game" finished on schedule. Based on the wildly popular Discovery Channel show, "Gold Rush," this placer gold mining simulator is set in Alaska and includes four unique gold claim areas based around unique Alaskan inspired stories. The game features realistic looking machinery such as excavators, loaders, dozers and... Full story

  • Pebble unencumbered

    Shane Lasley, Mining News|Updated Jan 14, 2018

    The U.S. Environmental Protection Agency has set in motion plans to completely do away with the pre-permitting restrictions it attempted to impose against Pebble in 2014. If fully implemented, these Obama-era Clean Water Act restrictions would have seriously reduced the size of any mine that could have developed at the world-class Pebble copper-gold-molybdenum deposit in the Bristol Bay region of Southwest Alaska. A federal judge ordered a stay on the implementation of EPA's... Full story

  • High-metals future

    Shane Lasley, Mining News|Updated Jan 14, 2018

    A low-carbon future means there is going to be a lot more mining, according to a July 18 World Bank report. The report, “The Growing Role of Minerals and Metals for a Low-Carbon Future” sees the potential for a 200 to 1,000 percent in demand for a broad range of metals if the world is going to meet the temperature targets of the 2015 Paris Agreement on Climate Change. This is good news for areas rich in aluminum, copper, molybdenum, zinc, lead, lithium, manganese, nickel, sil...

  • Future of US mining

    Shane Lasley, Mining News|Updated Jan 14, 2018

    U.S. House Subcommittee on Energy and Mineral Resources sought input on how to foster a more robust domestic mining sector during a July 20 hearing, "Seeking Innovative Solutions for the Future of Hardrock Mining." "Hardrock mining on federal land in the United States has a storied past, a challenging present and multiple needs for reform," Subcommittee Chairman Paul Gosar, R-Arizona, said. "From rocks to roads, rare earths to green technologies, and iron ore to wind farms,...

  • 21st Century mine

    Shane Lasley, Mining News|Updated Jan 14, 2018

    After nearly three decades of operation, Hecla Mining Company's Greens Creek Mine in Southeast Alaska continues to rank among the largest and lowest cost primary silver mines on Earth. On pace to produce between 7.5 and 8 million ounces of silver at a cost of around US$2.50/oz during 2017, Greens Creek is also the cash generating engine that powers Hecla. "Greens Creek continues to be the dominant source of revenue," said Hecla Mining CFO Lindsay Hall, during an Aug. 3...

  • Rising metals prices

    Shane Lasley, Mining News|Updated Jan 11, 2018

    Healthy price gains for zinc and copper this year, and gold rocketing through the US$1,300-per-ounce threshold on Aug. 28, is good news for Alaska's mining sector. Together, zinc and gold account for more than 80 percent of the value of metals mined in Alaska - silver and lead account for most of the balance. Copper, on the other hand, is set up to play an important role for the future of mining in the state. Gold rockets above $1,300 Entering 2017 at US$1,151/oz, gold made...

  • Coeur to buy BC mine

    Shane Lasley, Mining News|Updated Jan 11, 2018

    Coeur Mining Inc. has cut a deal to buy the high-grade Silvertip Mine in northern British Columbia, an acquisition that will add the first Canadian operation to the Chicago-based miner's portfolio of gold and silver mines. Located about 10 miles south of the Yukon border and roughly 150 miles east of Coeur's Kensington gold mine in Southeast Alaska, Silvertip hosts 2.35 million metric tons of indicated resource averaging 352 g/t silver, 9.4 percent zinc and 6.7 percent lead;...

  • More Red Dog zinc

    Shane Lasley, Mining News|Updated Jan 11, 2018

    After getting off to a relatively slow start, the Red Dog zinc mine in Northwest Alaska is finishing 2017 strong. Teck Resources Ltd., the operator at Red Dog, said it now expects the mine to produce up to 550,000 metric tons of zinc this year, which is about 12 percent more than the company was anticipating at mid-year. Adding to the good news for near-term production at Red Dog, Teck reported promising results from a major exploration program at Aktigiruq, a significant...

  • Faraday drilling done, maiden resource soon

    Shane Lasley|Updated Sep 17, 2017

    Kennady Diamonds Inc. Sep. 11 reported that its summer drill program on its Kennady North diamond project has extended the Faraday 2 kimberlite and has demonstrated that Faraday 1 and 3 are a single kimberlite body that connects at depth. The program, which began on July 4, included 2,766 meters of drilling in nine HQ diameter drill holes. The latest three holes drilled at Faraday 2 have extended that kimberlite body about 150 meters to the north and Kennady President and CEO...

  • More drilling, gold at Dublin Gulch, Yukon

    Shane Lasley|Updated Sep 3, 2017

    Victoria Gold Corp. Aug. 28 reported results from 12 additional holes drilled at the Shamrock deposit at its Dublin Gulch gold property in the Yukon. Highlights from this latest batch of results include 39.6 meters of 1.04 grams per metric ton gold in hole DG17-818C; 22.5 meters of 2.78 g/t gold in DG17-848C; and 16.5 meters of 2.24 g/t gold in DG17-845C. So far, Victoria has completed more than 23,000 meters of drilling at Dublin Gulch this year - encountering gold at...

  • Drills trace high-grade Indin Lake gold zones

    Shane Lasley|Updated Sep 3, 2017

    Nighthawk Gold Corp. Aug. 28 reported the expansion of gold zones at the Colomac project on its Indin Lake property about 160 kilometers (100 miles) north of Yellowknife, Northwest Territories. Hole C17-12B cut 145.75 meters (25 meters true width) of 3.33 grams per metric ton gold in, effectively extending Zone 1.5 at Colomac an additional 50 meters to the north. Drilling also cut gold in a gap between Zone 1.5 and Zone 2.0, which lies to the south. One hole drilled in this...

  • More Premier results

    Shane Lasley|Updated Aug 6, 2017

    Ascot Resources Ltd. July 28 reported additional high-grade gold results from its extensive drill program a Premier, a large property near Stewart British Columbia that blankets the historic Premier Mine, which produced 2.1 million ounces gold and 44.9 million oz starting in 1918. The company said drilling at Northern Lights, a zone just northwest of the historical mine areas at Premier, continues to deliver good results. P17-1366, drilled in a subzone of Northern Lights...

  • Kivalliq explores new Nunavut gold project

    Shane Lasley|Updated Jul 30, 2017

    Kivalliq Energy Corp. July 25 reported the start of a summer exploration program at the Baffin Gold property in Nunavut. This C$775,000 program will include ground-truthing, geological mapping, prospecting, and rock and till sampling. In May, Kivalliq announced that it had signed agreements with Nunavut Tunngavik Inc., a group that oversees Inuit land claims in Nunavut, and Commander Resources Ltd. to acquire the Baffin Gold property, a 408,982-hectare (1 million acres) land...

  • New zinc explorer emerges in Yukon

    Shane Lasley|Updated Jun 11, 2017

    Fireweed Zinc Ltd. May 29 announced the completion of a C$4 million initial public offering and the start of trading on the TSX Venture Exchange. Fireweed is a new exploration company that has an option to acquire Macmillan Pass, a major advanced zinc-lead project in eastern Yukon. Macmillan Pass includes two large zinc-lead-silver deposits known as Tom and Jason. Together, these deposits historical resources of 6.43 million metric tons averaging 6.33 percent zin, 5.505...

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