The mining newspaper for Alaska and Canada's North
Sorted by date Results 926 - 950 of 3020
Pretium Resources Inc. plans to begin mining the high-grade gold from the Valley of the Kings deposit of its Brucejack gold-silver project in northwestern British Columbia by 2017. The junior achieved two key permitting milestones - obtaining a provincial Environmental Assessment Certificate and a positive Environmental Assessment Decision Statement from the federal Minister of the Environment - in 2015. Once in production, a high-grade underground operation at Valley of the Kings is expected to produce 7.3 million ounces of...
GSR: TSX-V Chairman, President and CEO: Terry King Chief Operating Officer: William Chornobay Chief Geologist: Trevor Bremner Goldstrike Resources Ltd. continues to find visible gold on surface and in the core from drilling at its Plateau Project in central Yukon Territory. Within the first two days of an early-season prospecting program at Plateau, four samples with visible gold were taken from new target areas up to 550 meters away from the 2013 Gold Dome discovery hole - 7.6 grams per metric ton gold over 9.03 meters in ho... Full story
HL: NYSE President and CEO: Phillips Baker Jr. Chairman: Ted Crumley Senior VP, Exploration: Dean McDonald The low cost of producing silver at the Greens Creek Mine in Southeast Alaska is helping Hecla Mining Co. weather low metals prices. In addition to Greens Greek, the Idaho-based miner operates the Lucky Friday silver mine in Idaho and the Casa Berardi gold mine in Quebec. In June, Hecla bought Revett Mining Co. in an all-share transaction valued at roughly US$19 million. Hecla now owns the Rock Creek mine project in... Full story
IGO: TSX-V President and CEO: Randy Turner VP, Exploration: David Pawliuk Independence Gold Corp. focused its 2015 exploration on drilling the Sunset and Denali zones of its Boulevard gold project, which wraps the west and south sides of Kaminak Gold Corp.'s Coffee project in the Yukon Territory. The Sunset zone is a 2,200-meter-long gold-in-soil anomaly located seven kilometers (4.4 miles) southwest of Kaminak's Coffee deposit. Trench results of up to 7.04 g/t gold across six meters and drill intercepts of up to 2.42 g/t gol...
ITH: TSX / THM: NYSE-A Chairman: Stephen Lang President and CEO: Tom Irwin Chief Operating Officer: Karl Hanneman International Tower Hill Mines Ltd. plans to invest roughly US$10 million to support a 2015 work program that includes metallurgical, field and engineering work aimed at optimizing the mine plan for its 20-million-ounce Livengood gold project in Interior Alaska. Lying along the Elliot Highway about 70 miles northwest of Fairbanks, the Money Knob deposit at Livengood encompasses 15.7 million oz of gold in 802...
KZD: TSX.V Chairman: Peter Meredith President and CEO: B. Matthew Hornor Executive VP, Exploration: David Broughton Kaizen Discovery Inc. is leveraging strong business ties with Japan to explore its early-stage copper projects in Nunavut, British Columbia, Australia and Africa. Shortly after the formation of Kaizen at the end of 2013, Tokyo-based Itochu Corp. provided the exploration company with C$5.1 million to acquire distressed assets around the world. Kaizen acquired its first B.C. properties through an all-shares... Full story
KAM: TSX-V President and CEO: Eira Thomas Executive Chairman: John Robins VP, Exploration: Tim Smith Since drilling the discovery hole at the Coffee gold project in 2010, Kaminak Gold Corp. has established indicated resource of 14 million metric tons averaging 1.56 grams per metric ton (719,000 ounces) gold, and an inferred resource of 79 million metric tons averaging 1.36 g/t (3.43 million ounces) gold. Kaminak budgeted C$30 million to continue the advancement of the Coffee project in 2015. The bulk of this budget, roughly...
KDI: TSX.V Chairman: Jonathan Comerford President and CEO: Patrick Evans VP, Finance and CFO: Bruce Ramsden Kennady Diamonds Inc.'s ultimate goal is to develop next-generation Northwest Territories diamond mine at its Kennady North diamond project located 280 kilometers (174 miles) northeast of Yellowknife. Early in 2015, the company raised C$18.64 million to fund the continued exploration of its diamond property that lies immediately adjacent to the De Beers-Mountain Province Diamonds' Gahcho Kué diamond mine project....
KGC: NYSE/K.TO: TSX Chairman: John Oliver Chief Executive Officer: Paul Rollison Chief Operating Officer: Warwick Morley-Jepson Kinross Gold Corp. continues to carry out robust exploration at and around its Fort Knox gold mine in Interior Alaska, while quietly investigating other prospects around the state. When Kinross began mining at Fort Knox in 1996, the deposit had 4.1 million ounces of proven and probable gold reserves; going into 2015, the mine boasts 2.4 million ounces of gold contained in 263.8 million metric tons of...
KIV: TSX-V Chairman: John Robins Chief Executive Officer: Jim Paterson President: Jeff Ward Exploration Manager: Bill Cronk Kivalliq Energy Corp. is focused on the exploration of its growing portfolio of quality uranium projects in Nunavut and Saskatchewan. Angilak, the flagship of this portfolio, is a 105,280-hectare (275,469 acres) property that blankets a number of high-priority zones including the promising high-grade Lac 50 Trend uranium deposit. Since acquiring Angilak in 2008, Kivalliq has invested more than C$55...
MRO: TSX.V President and CEO: Gregory Beischer Chief Exploration Officer: Philip St. George Through careful execution of the project generator model, Millrock Resources Inc. has built a portfolio of grassroots mineral prospects in Alaska, New Mexico and Mexico. In finding joint venture partners to help fund exploration, the project generator model lessens Millrock's need to raise money in tight equity markets, minimizes the risks involved with grassroots exploration and exposes shareholders to a larger amount of exploration e...
NHK: TSX.V Chief Executive Officer: David Wiley Chief Geologist: Michael Byron Nighthawk Gold Corp. initiated a 3,000-meter drill program at its Indin Lake gold property late in 2015. Located 220 kilometers (137 miles) north of Yellowknife, Northwest Territories, the Indin Lake property hosts a number of gold deposits, including the historical Colomac open-pit mine, which produced 527,908 ounces of gold during the 1990s. The Colomac portion of the larger Indin Lake property hosts five known gold deposits - Colomac Main,...
NAR: TSX.V Chairman: D. Grenville Thomas President and CEO: Kenneth Armstrong Advisor: Eira Thomas North Arrow Minerals Inc. has seven diamond exploration projects in Canada - Qilalugaq, Mel and Luxx in Nunavut; Lac de Gras and Redemption in Northwest Territories; Pikoo in Saskatchewan; and Timiskaming in Ontario. Located nine kilometers from the Hamlet of Repulse Bay (Naujaat), Qilalugaq encompasses Q1-4, a kimberlite with 48.8 metric tons of inferred resource averaging 53.6 carats per hundred tons for a total of 26.1 carats... Full story
NQ: TSX-V Chairman and CEO: Jon North Chief Financial Officer: Carmelo Marrelli Vice President, Exploration: Dwayne Car Northquest Ltd. completed roughly 8,300 meters of drilling at its Pistol Bay gold project in Nunavut this year. The 861-square-kilometer (332 square miles) property covers 90 kilometers (55 miles) of the Pistol Bay Trend, a west-trending series of surface gold occurrences and gold zones parallel to, and 80 kilometers (50 miles) south of, a similar trend that hosts Agnico Eagle Mines' Meliadine gold mine...
NG: TSX / NG: NYSE-MKT Chairman: Thomas Kaplan President and CEO: Gregory Lang Executive Vice President: David Deisley Supporting the permitting process for the Donlin Gold project in Alaska continued to be the primary focus of Novagold Resources Inc. in 2015. The U.S. Army Corps of Engineers, the lead agency for the Donlin Gold Environmental Impact Statement, plans to issue a draft EIS for public comment toward year's end 2015 and the final EIS is expected to be completed by early 2017. This puts Donlin Gold LLC - an...
PGD: TSX Executive Chairman: Eric Friedland President and CEO: Tom Peregoodoff President and CEO, Peregrine Exploration: Brooke Clements Peregrine Diamonds Ltd. focused its 2015 exploration on expanding and upgrading the resources for the CH-6 and CH-7 kimberlites at its Chidliak diamond project located roughly 120 kilometers north of Since 2008, 71 kimberlites have been identified on the 748,000-hectare (1.85 million acres) Chidliak property, eight of which are considered to be potentially economic. Peregrine started off...
RGC: TSX.V Executive Chairman: Jacques Vaillancourt Interim President and CEO: Ken Booth VP, Exploration: Jesse Grady Redstar Gold Corp. got an early start on exploration at its Unga gold project in Southwest Alaska. Located on an island just off the Alaska Peninsula, Redstar's Unga property blankets two parallel trends of high-grade epithermal gold veins that each extend for more than 4.5 miles across the southeast corner of Unga Island. An initial phase of exploration that began in April included an eight-hole drill... Full story
SBB: TSX President and CEO: Bruce McLeod VP, Project Development: Wes Carson VP, Exploration: Angus Campbell Sabina Gold & Silver Corp. is on a mission to evolve from a successful mineral exploration company to a mid-tier gold producer by developing its portfolio of assets in Canada's North. Towards this goal, the company commissioned a feasibility study for its Back River gold project in western Nunavut. The study, led by JDS Energy & Mining Inc., envisions a 6,000-metric-ton-per-day mill producing an average of about...
SEA: TSX / SA: NYSE Amex Chairman and CEO: Rudi Fronk President and COO: Jay Layman Senior VP, Exploration: William Threlkeld In recent years, Seabridge Gold Inc. has successfully targeted higher grade zones beneath KSM's near-surface porphyry deposits, resulting in the discovery of the Deep Kerr and Iron Cap Lower zones, two copper-rich deposits that have added nearly one billion metric tons of better grade material to project resources. In March, the company announced an inferred resource of 782 million metric tons grading... Full story
Chief Executive Officer: Richard (Shilin) Li VP, Exploration: John O'Donnell Selwyn Chihong Mining Ltd., a Canadian subsidiary of Yunnan Chihong Zinc & Germanium Co. Ltd., is targeting 2021 for the start of production at the Selwyn zinc-lead project in far eastern Yukon Territory. Yunnan Chihong Zinc & Germanium, which formed a joint venture with Selwyn Resources Ltd. on the project in 2009, subsequently invested C$100 million to earn a 50 percent interest in Selwyn and then paid C$50 million for the remaining half of the... Full story
SMD: TSX President and CEO: W. Douglas Eaton Chairman: Bruce Youngman Chief Operating Officer: Ian Talbot Strategic Metals Ltd. has more than 125 mineral properties in the Yukon, making it the largest claim holder in the territory. These properties, along with five in northern British Columbia, are prospective for gold, silver, lead, zinc, copper, tin, tungsten, vanadium. As a prospect generator, Strategic identifies and stakes promising projects and completes initial exploration to confirm the geologic potential of its...
Sumitomo Metal Mining Co. (85 percent); Sumitomo Corp. (15 percent) General Manager: Chris Kennedy Senior Mine Geologist: Dave Larimer Sumitomo Metal Mining Pogo LLC - a joint venture between Japanese firms Sumitomo Metal Mining Company (85 percent) and Sumitomo Corp. (15 percent) - budgeted roughly US$15 million to explore the high-grade gold zones at and around its Pogo Mine in Interior Alaska in 2015. This follows a US$17 million program last year that further defined and expanded East Deep, North and South Pogo, three zon...
TCK: NYSE/ TCK.B: TSX Chairman: Norman Keevil President and CEO: Don Lindsay VP, Exploration: Alex Christopher Zinc continues to be a primary exploration focus for Teck Resources Ltd. In Alaska, this work is dedicated to extending the life of the Red Dog Mine by upgrading high-grade resources in nearby deposits to reserves and seeking out new deposits in the larger Red Dog area. Going into 2015, Red Dog had 45.4 million metric tons of ore in reserves, averaging 15.8 percent (6.05 million metric tons) zinc, 4.1 percent (1.86... Full story
TMR: TSX Executive Chairman: Terry MacGibbon Chief Executive Officer: Catharine Farrow VP, Exploration and Geoscience: Dave King TMAC Resources Inc. has its sights on bringing its Hope Bay gold project in northwestern Nunavut into production by the end of 2016. The Hope Bay project, which TMAC acquired from Newmont Mining Corp. in 2013, blankets most of the 80-kilometer- (50 miles) long Hope Bay greenstone belt in the Kitikmeot region of Nunavut. As part of its acquisition, TMAC inherited more than C$800 million worth of...
UXU: TSX.V President and CEO: Jim McKenzie Chief Operating Officer: Ken Collison VP, Business Development: Mark MacDonald Ucore Rare Metals Inc. has its sights set on developing a complete mines-to-metal operation at its Bokan Mountain rare earth elements project in Southeast Alaska. Toward this goal, the company has been working on expanding the heavy REE-enriched Dotson Ridge deposit at Bokan and developing innovative technologies for the separation of the individual REE. In February, Ucore published results of a...