The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 451 - 475 of 1210
Heatherdale Resources Ltd. Jan. 6 reported that encouraging mineralization observed in the first four holes of the 2020 program prompted the company to drill all ten holes in the area of the historic Niblack Mine on the company's Niblack copper-gold-silver-zinc project in Southeast Alaska. Heatherdale, which had advanced the Niblack project to the verge of considering the feasibility of mining the high-grade volcanogenic massive sulfide mineralization found there, became...
HighGold Mining Inc. Jan. 21 reported that the latest batch of results from the 2020 drill program at its Johnson Tract project in Alaska has confirmed the expansion potential of the main JT deposit, as well as the deeper Footwall copper-silver zone. "We continue to be encouraged by the continuation and strength of the JT deposit mineral system at depth and by the emergence of the Footwall copper-silver zone, a new area of copper-silver rich mineralization with resource...
Hecla Mining Company Jan. 13 reported that its Greens Creek Mine in Southeast Alaska produced 10.5 million ounces of silver in 2020, a 6% increase over the 9.9 million oz produced the prior year and the highest annual production since the Idaho-based company bought full ownership of the operation in 2008. Greens Creek attributed 77% of the 13.5 million oz of silver produced at all of Hecla's operations during 2020. This helped to push companywide silver production well above...
Millrock Resources Inc. Jan. 12 announced that it has vended three of its Alaska gold exploration projects – Treasure Creek, Ester Dome, and Liberty Bell – to Alaska-based subsidiaries of Felix Gold Ltd., a newly formed Australian mineral exploration company. Millrock Resources President and CEO Greg Beischer said the team behind Felix Gold are well respected for their technical expertise and the respect of the financial groups in Australia. "It is a private company, but they...
International Tower Hill Mines Ltd. Jan. 12 announced that its board of directors has approved a 2021 budget of US$5.6 million for a work program that will primarily be focused on the completion of a prefeasibility study that details the economic and engineering parameters of developing a mine at its 11.5-million-ounce Livengood gold project in Alaska. The new PFS will follow up on a similar study completed in 2017 that outlined plans for a 52,600-metric-ton-per-day mill at...
Nova Minerals Ltd. Dec. 18 reported that initial tests indicate that ore sorting could significantly upgrade the feed for a mill and heap leach facility at a future mine on the Estelle gold project in Alaska. The Korbel Main deposit at Estelle currently hosts 3.3 million ounces of gold in 291 million metric tons of Australian Joint Ore Reserves Committee- (JORC) compliant inferred resource averaging 0.4 grams per metric ton gold. Nova is testing a bulk sorting process that...
PolarX Ltd. Dec. 17 reported that its 2020 drilling continues to encounter near-surface copper-gold mineralization at Zackly East, and geophysics has identified a new porphyry target associated with the high-grade skarn mineralization the company expanded this year on its Alaska Range property. Covering a 22-mile (35 kilometers) copper-rich trend along the southern slopes of the mountains for which it is named, Alaska Range consists of two adjacent copper and precious metal...
White Rock Minerals Ltd. Dec. 21 announced that 2020 stream sediment sampling identified a large, robust gold anomaly west of the Last Chance gold target on the company's Red Mountain project in Alaska. Best known for its zinc-rich volcanogenic massive sulfide (VMS) deposits and occurrences, the 308-square-mile (798 square kilometers) Red Mountain property lies within the Tintina Gold Belt, a particularly gold-rich province that sweeps across Canada's Yukon Territory and...
Tectonic Metals Inc. Dec. 21 reported that its initial prospecting of Carrie Creek, a newly acquired project immediately adjacent to Tibbs, has turned up intrusion-hosted gold mineralization similar to the ore at Kinross Gold Corp.'s Fort Knox Mine. Tectonic acquired Carrie Creek through a long-term lease agreement it entered into with Doyon Ltd., an Alaska Native Claims Settlement Act (ANCSA) regional corporation with 12.5 million acres of land spanning Alaska's Interior, in...
Avidian Gold Corp. Dec. 17 reports that the second hole of its 2020 drill program at Amanita encountered the most significant gold intercept so far on this project that lies alongside the southern border of Kinross Gold Corp.'s Fort Knox Mine property in Alaska. This year, Avidian completed 1,945 meters of drilling in nine holes within the Tonsina trend, an 800-meter-wide structural corridor of gold mineralization that extends northeast from Amanita onto the Fort Knox...
Millrock Resources Inc. and Resolution Minerals Ltd. Dec. 13 announced the completion of the 2020 exploration at 64North, and preliminary plans for the 2021 program at this large land package adjacent to Northern Star Resources Ltd.'s Pogo gold mine in Alaska's Goodpaster Mining District. Since entering into an exploration agreement with Millrock late in 2019, Resolution has invested more than US$5 million in exploration at 64North and has indicated that it plans to make the...
Grande Portage Resources Ltd. Dec. 14 reports that drilling cut strong gold mineralization at Elusive, the southernmost of eight primary vein structures that have been confirmed at the company's Herbert Gold project in Southeast Alaska. The Elusive Vein discovery hole, 20H-3, cut 1.78 meters averaging 4.15 grams per metric ton gold. This represents the confirmation of another gold-bearing structure 300 meters south of Deep Trench Vein, which was previously the southern limit...
Grande Portage Resources Ltd. Dec. 9 reported assay results from holes that tapped gold mineralization in the Deep Trench, Ridge and Main veins on its Herbert Gold project in Southeast Alaska. Herbert Gold hosts 1.88 million metric tons of indicated resource averaging 10.03 grams per metric ton (605,000 ounces) gold; plus 553,429 metric tons of inferred resource averaging 14.15 g/t (251,700 oz) gold. This resource is found in three roughly parallel structures at Herbert Gold...
Heliostar Metals Ltd. Nov. 23 announced it tapped gold-silver mineralization in the first hole the company has ever drilled at the Aquila target on its Unga project on the Alaska Peninsula. Situated at the southwest end of the Shumagin trend, one of two corridors of gold and silver mineralization running across the breadth of Unga Island, Aquila was discovered by Battle Mountain Gold in the 1980s. Trenching along the main outcropping vein zone at Aquila is reported to have...
Alaska Department of Natural Resources and Department of Environmental Conservation Oct. 27 announced that reclamation of the True North gold mine north of Fairbanks has been successfully completed and certified. Kinross Gold Corp. operated the True North mine under a lease of state- and University of Alaska-owned land. Over a roughly four-year span ending in 2004, the company produced more than 490,000 ounces of gold from 11.7 million tons of ore trucked seven miles from...
HighGold Mining Inc. Nov. 18 reports that the latest batch of assay results from the 2020 program at Johnson Tract continue to expand high-grade gold, copper, and zinc mineralization at the JT deposit on this project in Southcentral Alaska. According to a calculation earlier this year, 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% (275.3 million pounds) zinc,...
Constantine Metal Resources Ltd. Nov. 19 reported that this year's prospecting and soil sampling has confirmed historically reported high-grade gold mineralization at Big Nugget Gold and has helped refine drill targets for follow up drilling at this project associated with the company's Palmer project in Southeast Alaska. "The Big Nugget Gold project represents a rare, untested and undrilled, high grade gold quartz vein system that is unusual to find in this day and age,"...
Experts from the University of Alaska Fairbanks' Mining and Petroleum Training Service (MAPTS) will help Greenland establish an underground mine training center as interest in the Arctic nation's rich mineral resources grows. In recent years, mining companies from around the world have been exploring and developing large deposits of rare earths, titanium, and uranium identified in Greenland – as well as the gold, gemstones and other minerals also found there. On Nov. 23, t...
Tectonic Metals Inc. Nov. 12 announced that its 26-hole rotary air blast drill program at Seventymile has confirmed the company's geological model for this eastern Alaska gold exploration property and identified several large targets that warrant aggressive follow up drilling. "Tectonic is pleased to report exciting new results from our first drilling campaign at Seventymile, the first drill holes at the property in twenty years, and the first to test Tectonic's shear zone...
Kinross Gold Corp. Nov. 4 reported a significant increase in gold production and drop in costs at its Fort Knox Mine about 20 miles north of Fairbanks, Alaska. "At Fort Knox, we are very pleased with the results achieved during the quarter. And I'm happy to say we expect continuation of strong results going forward," Kinross Gold Chief Technical Officer Paul Tomory informed investors and analysts on Nov. 5. During the third quarter of 2020, Fort Knox produced 72,705 ounces of...
Grande Portage Resources Ltd. Nov. 11 announced the completion of a roughly 8,500-meter drill program at Herbert Gold that involved 21 holes drilled outside the resource area at this high-grade gold project a few miles north of Juneau, Alaska. According to a calculation completed early last year, Herbert hosts 1.88 million metric tons of indicated resource averaging 10.03 grams per metric ton (605,000 ounces) of gold; plus 553,429 metric tons of inferred resource averaging...
Northern Star Resources Ltd. Oct. 27 reported that its Pogo Mine in Alaska's Goodpaster Mining District produced 53,810 ounces of gold during the third quarter of 2020, a 9% increase over the 49,353 oz recovered during the previous quarter. The increased gold production is the result of slight improvements in ore grades, mill throughput, and ore recoveries. The average grade of ore mined during the third quarter was 8.9 grams per metric ton, which is about 6% higher than the...
Resolution Minerals Ltd. Nov. 1 reported that drilling has resumed at the Aurora gold target on the 64North project in Alaska. Located in the Goodpaster Mining District, the 160,000-acre 64North project includes nine claim blocks – West Pogo, Shaw, Eagle, LMS-X, South Pogo, East Pogo, North Pogo, Last Chance and Divide. Resolution, which has the option to earn a 60% interest in this large gold project from Millrock Resources Inc. by investing US$20 million in exploration spend...
Tectonic Metals Inc. Oct. 26 reported that soils sampling has identified numerous drill-ready gold exploration targets that are strikingly similar to the deposits being mine at Northern Star Resources Ltd.'s Pogo Mine about 22 miles (35 kilometers) northwest of Tibbs. Tectonic crews collected 1,153 soil samples at Tibbs this year. This sampling primarily focused on exploring the gneissic rocks in the west of the property, where recent mapping highlights low-angle faults...
Heliostar Metals Ltd. (formerly Redstar Gold Corp.) Nov. 5 announced the addition of two new members of its exploration management team. Samuel Anderson, who spent 17 years as a geologist at Newmont Gold Corp., has been named Heliostar vice president of exploration and is currently leading the company's gold exploration program on Alaska's Unga Island. During his time at Newmont, Anderson held successive positions from exploration project manager to senior manager of...
