The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 251 - 275 of 1210
Kinross Gold Corp. July 27 reported that its Fort Knox Mine produced 77,184 ounces of gold during the second quarter of 2022, which is the highest quarterly gold production at the Interior Alaska operation in four years. The company attributed the strong quarterly gold output to a combination of higher-grade ore being fed into the mill, increased mill throughput, and more gold recovered from the heap leach pads. During the second quarter, the Kinross Alaska mill at Fort Knox...
Hecla Mining Company July 12 reported that its Greens Creek Mine in Southeast Alaska produced 2.4 million ounces of silver and 12,413 oz of gold during the second quarter of 2022. The second quarter silver output at the underground operation near Juneau, Alaska, is roughly 8% lower than the 2.6 million oz produced during the same period of 2021 and roughly equivalent to the first quarter of this year. The second quarter gold production, however, is only around 3% lower than...
Kenorland Minerals Ltd. Aug. 24 announced the launch of a US$2 million exploration program funded by Antofagasta PLC at the Tanacross porphyry copper-gold project in eastern Alaska. In July, Kenorland announced that Antofagasta Minerals S.A, a subsidiary of Antofagasta, agreed to pay Kenorland an initial US$1 million in cash and spend US$30 million on exploration over eight years to earn a 70% joint venture interest in Tanacross, a 113,400-acre property lying alongside the...
Nova Minerals Ltd. Aug. 22 followed up on the long sections of high-grade gold assays reported earlier this month from drilling at RPM North with even longer sections of higher-grade gold at this exciting gold deposit on the Australia-based explorer's Estelle property in Alaska. Located about 16 miles south of the 8.1-million-ounce Korbel gold deposit at the north end of the Estelle property, RPM hosts 23.1 million metric tons of inferred resource averaging two grams per...
TNR Gold Corp. Aug. 24 reported that it is carrying out an exploration program this year at the Shotgun gold project in Southwest Alaska. Located about 110 miles south of the 39-million-ounce Donlin Gold mine project and about the same distance northeast of the Pebble copper-gold-molybdenum project, this property lies at the intersection of two trends known to host big deposits. TNR optioned Shotgun from Novagold Resources Inc. in 2002 and gained full ownership of the...
Hudson Resources Inc. August 22 announced it has signed an agreement with Neo Performance Materials Inc. to sell its Sarfartoq Carbonatite Complex in southwest Greenland. Located roughly 35 miles (60 kilometers) from the international airport in the town of Kangerlussuaq, Sarfartoq would provide Neo with a rare earths project that is close to North Atlantic tidewater between the U.S. and Europe. Exploration carried out by Hudson has outlined 5.88 million metric tons of...
Felix Gold Ltd. Aug. 1 announced additional near surface gold intercepts from the 15,000-meter drill program being carried out this year on the Treasure Creek project about 20 miles north of Fairbanks, Alaska. Situated about 13 miles west of Kinross Gold Corp.'s Fort Knox Mine, Treasure Creek hosts numerous prospects with interesting drill intersections reported by previous explorers on the property. Roughly 2,000 soil samples collected last year identified two key targets...
Western Alaska Minerals Corp. Aug. 2 reported that the first assay results from its 2022 drilling at Waterpump Creek has confirmed the high-grade silver-zinc-lead mineralization observed in the core from drilling this carbonate replacement deposit on the company's Illinois Creek project in western Alaska. In early July, Western reported that four holes drilled this year at Waterpump Creek – WPC22-07, WPC22-08, WPC22-011 and WPC22-13 – cut significant massive sulfide min...
Nova Minerals Ltd. Aug. 8 reported highly encouraging gold recovery results from its first phase of metallurgical test work on mineralization from its high-grade RPM North deposit on the Estelle property in Alaska. Currently, it is envisioned that ore mined from RPM would be transported to a central processing facility at Korbel, a larger but lower grade gold deposit that lies about 16 miles to the north. According to an initial scoping study completed earlier this year, a...
Freegold Ventures Ltd. July 28 reported strong gold mineralization encountered in the Dolphin deposit, the Cleary Hill Vein System, and the vanishing gap between these two primary targets of drilling at the company's Golden Summit project about 20 miles north of Fairbanks, Alaska. According to a 2016 calculation, the Dolphin deposit hosts 61.5 million metric tons of indicated resource averaging 0.69 grams per metric ton (1.36 million ounces) gold; and 71.5 million metric tons...
Novagold Resources Inc. and Barrick Gold Corp. July 28 reported intercepts of up to 52.3 meters averaging 14.63 grams per metric ton gold from the first batch of assay results from an expanded 2022 program at the Donlin Gold project in Alaska. Being advanced toward a production decision by Donlin Gold LLC – a joint venture owned equally by Novagold and Barrick – this enormous mine project hosts 504.81 million metric tons of proven and probable reserves averaging 2.09 grams per...
Western Alaska Minerals Corp. July 20 reported that drilling has cut 47- and 101.7-meter-thick intervals of massive sulfide mineralization at the high-grade Waterpump Creek carbonate replacement silver-zinc-lead target on its Illinois Creek project in western Alaska. Based on previous exploration carried out by Anaconda Minerals Company and Novagold Resources Inc., Waterpump Creek hosts 166,000 tons of historical resource averaging 295 grams per metric ton silver, 16.1% lead,...
HighGold Mining Inc. July 12 announced a 40% increase in the gold-equivalent resource at the JT deposit on the company's Johnson Tract property in Southcentral Alaska. According to the new calculation, JT deposit hosts 3.49 million metric tons of indicated resource averaging 5.33 grams per metric ton (598,000 ounces) gold, 6 g/t (673,000 oz) silver, 5.21% (400.8 million pounds) zinc, 0.59% (43.1 million lb) copper, and 0.67% (51.5 million lb) lead. Including the value of all...
Teck Resources Ltd. July 26 reported another quarter of strong zinc production and revenues from its Red Dog Mine in Northwest Alaska. During the second quarter of this year, Red Dog produced 143,800 (317 million pounds) of zinc, 9% higher than the 131,600 metric tons (290.1 million lb) produced during the first quarter of this year and a slight increase over the 140,300 metric tons (309.3 million lb) produced during the same period of 2021. Second quarter lead production at...
Tectonic Metals Inc. July 7 announced that drilling is now underway at Seventymile, a district-scale gold project in eastern Alaska. Optioned from Doyon Ltd., an Alaska Native regional corporation, Seventymile encompasses an underexplored 25-mile- (40 kilometers) long greenstone belt about 37 miles (59 kilometers) east of the town of Eagle, Alaska. While gold has been identified along the entire greenstone belt covered by Seventymile, the 2022 drilling will focus on three targ...
Western Alaska Minerals Corp. July 5 reported encouraging massive sulfide intercepts in four of the holes drilled so far this year at the high-grade Waterpump Creek carbonate replacement silver-zinc-lead target on its Illinois Creek project in western Alaska. Based on previous exploration carried out by Anaconda Minerals Company and Novagold Resources Inc., Waterpump Creek hosts 166,000 tons of historical resource averaging 295 grams per metric ton silver, 16.1% lead, and...
Northern Star Resources Ltd. July 20 reported that the trend of increased gold production and lower costs is continuing at its Pogo Mine in Alaska. During the second quarter of 2022, Pogo produced 70,792 ounces of gold from 322,290 metric tons of ore averaging 7.7 grams per metric ton gold. This marks a 23% increase over the 57,489 oz of gold produced and 24% increase over the 260,508 metric tons of ore milled during the first quarter of this year. With gold production climbin...
Resolution Minerals Ltd. June 29 announced the start of a 2,200-meter drill program at the Tourmaline Ridge prospect on the West Pogo block of the 64North gold project in Alaska. Tourmaline Ridge lies about 5,000 meters southwest of the main orebody at Northern Star Resources Ltd.'s Pogo gold mine. Prospecting and sampling, including surface rock chip sampling that returned grades as high as 118 grams per metric ton gold, have outlined an 1,800- by 750-meter geochemical...
Blackwolf Copper and Gold Ltd. July 5 announced the beginning of surface exploration work on its recently staked Cantoo and Mineral Hill properties within the Alaskan region of the Golden Triangle near Hyder. "The wide, stacked veins identified by Blackwolf's crews in 2021 at the Cantoo property are the most compelling targets that I've seen in my career in the Golden Triangle," said Blackwolf Copper and Gold President and CEO Rob McLeod. In addition to Blackwolf's flagship...
HighGold Mining Inc. June 22 reported that testing shows that conventional metallurgical techniques yield very high-quality copper, zinc, lead, and gold concentrates from the JT deposit on its Johnson Tract project in Southcentral Alaska. According to a calculation completed prior to the start of 2020 drilling, the JT deposit hosts 2.14 million metric tons of indicated resource averaging 6.07 grams per metric ton (417,000 ounces) gold, 5.8 g/t (397,000 oz) silver, 5.85%...
Freegold Ventures Ltd. June 21 reported roughly 200-meter-wide sections of strong gold mineralization in holes drilled on opposite sides of the Dolphin deposit during the company's 2021 drill program at the Golden Summit project about 20 miles north of Fairbanks, Alaska. According to a 2016 calculation, Dolphin deposit hosts 61.5 million metric tons of indicated resource averaging 0.69 grams per metric ton (1.36 million ounces) gold; and 71.5 million metric tons of inferred...
Nova Minerals Ltd. June 16 announced the start of the 2022 drill program at the high-grade RPM gold deposit on the Australia-based company's Estelle project in Alaska. Based on one hole drilled in 2012 and six completed by Nova last year, RPM North hosts 23.1 million metric tons of JORC-compliant inferred resource averaging 2 grams per metric ton (1.5 million oz) gold. Nova plans to drill more than 40 holes focused on expanding and upgrading this resource. This drilling...
Cutting 28.9 meters averaging 1.43 grams per metric ton gold in its second hole, Felix Gold Ltd. is off to a strong start at its Treasure Creek project a few miles north of Fairbanks, Alaska. Felix is an Australian mineral exploration company that was founded specifically to explore for gold in the Fairbanks Mining District, which was discovered by the company's namesake, Felix Pedro, in 1902. Early in 2022, Felix entered into a strategic alliance with Millrock Resources Inc....
Graphite One Inc. June 8 reported that its 2021 drilling at Graphite Creek continued to confirm that this deposit, approximately 37 miles north of Nome, Alaska, is the largest and highest-grade graphite resource in the United States. According to a 2019 calculation, Graphite Creek hosts 10.95 million metric tons of measured and indicated resources averaging 7.8% (850,534 metric tons) graphitic carbon, plus 91.89 million metric tons of inferred resource averaging 8% (7.34 milli...
Trilogy Metals Inc. June 8 provided details of the planned US$26.2 million exploration program slated for this year at the Upper Kobuk Mineral Projects in the Ambler Mining District of Northwest Alaska. Ambler Metals LLC, a joint venture company equally owned by Trilogy and South32 Ltd., has begun mobilizing equipment and crews for a summer field program that is expected to include at least 10,000 meters of diamond drilling, with additional meters contingent on drill...
