The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 326 - 350 of 1210
Nova Minerals Ltd. Jan. 19 announced plans to complete more than 20,000 meters of drilling to expand upon the wide sections of high-grade gold mineralization encountered last year at the RPM North deposit on its Estelle gold property in Alaska. Located toward the south end of the Estelle property, RPM North is a relatively early-stage deposit that Nova Minerals only started drilling in 2021. Following up on a 2012 hole drilled by a previous operator that cut 177.4 meters...
Trilogy Metals Inc. Jan. 25 reported that the latest batch of assays from the infill drilling at Arctic continues to confirm that high copper and zinc grades are the rule and not the exception at this volcanogenic massive sulfide deposit at the Upper Kobuk Mineral Projects in Northwest Alaska. A 2020 feasibility study details plans for a financially robust mining operation at this world-class deposit that would produce 1.9 billion pounds of copper, 2.3 billion lb of zinc, 388...
HighGold Mining Inc. Jan. 25 reported that the geological mapping, geochemical sampling, geophysical surveys, and exploration drilling carried out during 2021 has shown that the strong gold-rich mineralization identified in the JT deposit and encountered with discovery drilling at the DC prospect is widespread across the 20,942-acre Johnson Tract property in Southcentral Alaska. "We are seeing encouraging results across the length and breadth of the property and believe that...
Felix Gold Ltd. Jan. 31 announced the completion of an A$10 million (U$7.1 million) initial public offering and listing on the Australian Securities Exchange under the ASX symbol FXG. "This is a significant milestone for your company and the board of Felix would like to thank all shareholders for their strong support," Felix Gold Managing Director and CEO Kylie Prendergast penned in a Jan. 31 letter to shareholders. "Listed or unlisted, our overarching objective of becoming a...
Trilogy Metals Inc. Jan. 20 published an updated mineral resource estimate for Bornite that shines a spotlight on the very high copper and cobalt grades in the underground South Reef area of this world-class deposit on the Upper Kobuk Minerals Projects in the Ambler Mining District of Northwest Alaska. Located about 15 miles southwest of Arctic, the most advanced of the UKMP projects, Bornite is a large and high-grade deposit that hosts 6.3 billion pounds of copper and 88...
Western Alaska Minerals Corp. Jan. 18 reported additional high-grade silver-zinc-lead intercepts from 2021 drilling at the Waterpump Creek carbonate replacement deposit on the company's Illinois Creek project in western Alaska. The more than 49,000-acre Illinois Creek Mining District property is home to the past-producing Illinois Creek Mine; Waterpump; about four miles northeast of the Illinois Creek open pit; Honker, a high-grade gold target about six miles north of the...
Hecla Mining Company Jan. 13 reported that its Greens Creek Mine in Southeast Alaska produced 9.2 million ounces of silver during 2021, a 12% drop from the 10.5 million oz produced the prior year. This drop was largely due to mining easier to access but lower-grade ore because of manpower challenges around mid-year. Despite the challenges and major jump in production at Hecla's Lucky Friday Mine in Idaho, Greens Creek accounted for 71% of the company's silver production...
Innovation Metals Corp. Jan. 4 reported that the RapidSX rare earths and critical minerals separation technology it developed for use at Ucore Rare Metals Inc.'s planned Alaska Strategic Metals Complex (Alaska SMC) and other applications is on pace to be ready for commercial adoption and implementation via revenue-producing licensing agreements by the end of 2022. This includes the completion of a demonstration plant at its commercialization and development facility in...
Northern Star Resources Ltd. Jan. 20 reported that Pogo gold mine in Alaska continued to underperform expectations during the fourth quarter, but there are indications that gold production will be stronger during 2022. During the final three months of 2021, Pogo produced 49,985 ounces of gold from 213,688 metric tons of ore averaging 6.6 grams per metric ton gold. While a 25% increase over the 40,127 oz produced during the previous quarter, this is still significantly lower...
Grande Portage Resources Ltd. Jan. 11 reported plans to complete up to 10,000 meters of drilling this year at its Herbert Gold project near Juneau, Alaska. According to a calculation completed in May of last year, Herbert Gold hosts 3.64 million metric tons of indicated resource averaging 10.23 grams per metric ton (1.2 million oz) gold and 5.87 g/t (686,700 oz) silver; plus 1.14 million metric tons of inferred resource averaging 8.91 g/t (325,900 oz) gold and 4.63 g/t...
Avidian Gold Corp. Jan. 19 announced results from eight of the 17 reverse-circulation drill holes completed on the Mayflower Extension Zone at its district-scale Golden Zone project in Southcentral Alaska. "We are extremely pleased with the success of the 2021 drill campaign at MEZ," said Avidian Gold President and CEO Steve Roebuck. "The results received to date demonstrate the high potential for the continued discovery of near-surface gold mineralization to the Breccia Pipe...
Nova Minerals Ltd. Dec. 22 announced that drilling has now outlined 9.6 million ounces of gold at its Estelle property in Alaska, a 55% increase over the 6.2 million oz reported by the Australia-based exploration company in October. The previous calculation brought in the first ever resource for RPM, the second deposit outlined so far at Estelle. The new calculation upgrades and expands upon the larger Korbel Main deposit. According to the latest resource update the Korbel Mai...
Tectonic Metals Inc. heads into the new year eagerly awaiting the results from roughly 85% of the 5,018 meters of drilling completed at its Tibbs gold project in Alaska's Goodpaster Mining District during 2021. This drill program included 2,699 meters of reverse circulation drilling in 18 holes and 2,319 meters of oriented core diamond drilling, a first for this project about 22 miles (35 kilometers) southeast of Northern Star Resources Ltd.'s Pogo gold mine. Tectonic Metals...
HighGold Mining Inc. Dec. 21 reported that assay results from the 2021 infill and resource expansion drilling continue to cut broad zones of both precious and base metals in and around the JT deposit on its Johnson Tract project in Southcentral Alaska. "We continue to be impressed by the strength of the mineralizing system at Johnson Tract," said HighGold Mining President and CEO Darwin Green. According to a calculation completed prior to the start of 2020 drilling, the JT dep...
Northern Dynasty Minerals Ltd. Dec. 1 announced its statement regarding the Nov. 17 press release by the U.S. Environmental Protection Agency, in which the governmental agency extended the deadline regarding its intention to implement Section 404(c) of the Clean Water Act. "While it is not yet known what action, if any, the EPA will finally take, we are cautiously optimistic about their commitment to consider new information that has become available since the 2014 Proposed...
HighGold Mining Inc. Dec. 2 reported that its first pass drilling at Difficult Creek is beginning to outline the potential for this prospect area on its Johnson Tract property in Alaska to host a large high-grade polymetallic gold system similar to the JT deposit about 2.5 miles (four kilometers) to the southwest. According to an early 2020 calculation, the JT deposit hosts 2.14 million metric tons of indicated resource averaging 6.07 grams per metric ton (417,000 ounces)...
Trilogy Metals Inc. Nov. 29 reported that one infill hole drilled this year at Arctic is the third-best intercept ever encountered at this high-grade volcanogenic massive sulfide deposit at the Upper Kobuk Mineral Projects in Northwest Alaska. "The 2021 drilling campaign confirms that the Arctic project has some of the highest grades of polymetallic mineralization in the world with copper-equivalent grades frequently in the double digits," said Trilogy Metals President and...
Discovery Africa Ltd. Dec. 7 changed its name to Discovery Alaska Ltd., a moniker that better reflects the Australia-based company's focus on Chulitna and potentially other mineral exploration projects across the Far North state. In February, Discovery announced that it had staked 308 state mining claims covering historic gold-silver-copper and tin-silver prospects in Southcentral Alaska. The roughly 77-square-mile land package now known as Chulitna covers the Partin Creek...
Millrock Resources Inc. Nov. 30 announced that its exploration partner in the Fairbanks Mining District, Felix Gold, has filed a prospectus with the Australian Securities and Investments Commission that initiates the process to become a publicly-traded company on the Australian Securities Exchange. If successful, Felix Gold plans to raise between A$10 million and A$13 million (US$7.1 million and US$9.3 million) in an initial public offering, and its shares would begin trading...
Ucore Rare Metals Inc. Nov. 17 announced that the United States Forest Service has issued a one-year authorization for trenching and bulk sampling at the Bokan Mountain rare earths project in Southeast Alaska. Located on Prince of Wales Island, the Dotson Ridge deposit at Ucore's Bokan Mountain project hosts 4.79 million metric tons of indicated resource containing 31,722 metric tons of total rare earth oxides – 14 lanthanide elements, yttrium, and scandium – plus 1.05 met...
Trilogy Metals Inc. Nov. 22 reported that assay results from two holes drilled this year at the Upper Kobuk Mineral Projects in Northwest Alaska tapped high-grade mineralization beyond the current pit at the Arctic Mine project. A 2020 feasibility study for developing a mine at Arctic details a financially robust operation that would produce 1.9 billion pounds of copper, 2.3 billion lb of zinc, 388 million lb of lead, 386,000 ounces of gold, and 40.6 million oz of silver over...
Kinross Gold Corp. Nov. 10 reported the new Barnes Creek heap leach pad and higher-grade ore being fed into the mill is contributing to a continuing trend of increasing gold production at its Fort Knox gold mine about 25 miles north of Fairbanks, Alaska. During the third quarter of 2021, Fort Knox produced 71,482 ounces of gold, which is nearly a 13% increase over the 63,302 oz produced during the second quarter and about a 28% jump over the 55,815 oz produced during the...
The Alaska Industrial Development and Export Authority Oct. 27 announced the receipt of $8.5 million in funds for the advancement of predevelopment work for the West Susitna Access Road project, which would extend into resource-rich areas west of Cook Inlet in Southcentral Alaska. "Investing in access projects creates the infrastructure necessary to bring natural resources to market, which creates good-paying jobs for Alaskan families and generates local tax revenue that...
Tectonic Metals Inc. Nov. 10 reported the discovery of Pogo-style high-grade gold mineralization at West Trench, a prospect found in the western gneissic terrain on the company's Tibbs property about 22 miles (35 kilometers) southeast of Northern Star Resources Ltd.'s Pogo Mine. Mapping and sampling completed last year identified multiple high-tenor gold-in-soil anomalies associated with low-angle faults within moderately dipping gneissic rocks at the West Trench, Galosh, John...
White Rock Minerals Ltd. reported the discovery of high-grade copper and zinc, along with significant silver and gold, in rock samples collected from the Kiwi and Jack Frost targets on its 323-square-mile (836 square kilometers) Red Mountain property in Alaska. This district-scale property hosts a wide array of base and precious metals deposits and prospects. The most advanced are the Dry Creek and WTF deposits, which host a combined 9.1 million metric tons of Australian...
