The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 476 - 500 of 1210
Nova Minerals Ltd. Oct. 22 reported impressive high-grade gold in rock samples collected from the RPM target on its 85-square-mile (220 square kilometers) Estelle gold property in Alaska. Located about 16 miles (25 kilometers) south of the 3.3-million-ounce resource in the Korbel deposit, RPM is an earlier staged gold target that show the potential for higher grade gold mineralization. One hole drilled by a previous operator in 2012 cut 177.4 meters averaging 0.79 grams per...
Tectonic Metals Inc. Sept. 14 reported strong gold intercepts from drilling at Lower Trench, a discovery zone about 1,500 meters northwest of the Michigan zone on the Tibbs project in Alaska's Goodpaster Mining District. Michigan was first tapped by Tectonic during 2019 and was a primary focus of a 27-hole program rotary air blast drill program carried out this this year at Tibbs, which is about 22 miles (35 kilometers) southeast of Northern Star Resources Ltd.'s Pogo gold...
Teck Resources Ltd. Oct. 27 reported that water-related restrictions and unexpected repairs at Red Dog slowed zinc and lead production at this mine in Southwest Alaska during the third quarter. During the three months ending Sept. 30, the Red Dog Mine produced 123,300 metric tons (271.8 million pounds) of zinc, which is a 20% drop from the 153,100 metric tons (337.5 million lb) produced during the same period of 2019. Likewise, lead production during the third quarter of this...
Heliostar Metals Ltd. (formerly Redstar Gold Corp.) said the Oct. 19 magnitude 7.5 earthquake with an epicenter about 45 miles south of Unga Island did not have any major impacts on its gold exploration there. The originally planned 6,500- to 8,000-meter drill program, however, has been slowed by a dearth of drillers. "The ramp-up of our drilling program has been slower than planned due to difficulty staffing the three contract rigs at site," said Heliostar Metals CEO Charles...
Despite COVID-19 restrictions and protocols changing how it must conduct its business, even temporarily shutting down operations at its Casa Berardi Mine in Quebec and San Sebastian Mine in Mexico, Hecla Mining Company now expects to produce more gold and silver than it forecast at the onset of 2020. Based on production through the first three quarters, the Idaho-based miner now expects to produce nearly 13 million ounce of silver and 210,000 oz of gold this year, up from the...
Nova Minerals Ltd. Oct. 5 reported a 3.3-million-ounce gold resource for the Korbel deposit on the company’s Estelle gold project in Alaska. According to this updated calculation, Block B at Korbel hosts 291 million metric tons of inferred resource averaging 0.4 grams per metric ton gold. This is roughly a 32% increase over the maiden resource calculated for Korbel in 2019 and Nova expects to continue to grow the resource as drill results from an expanded 2020 drill program co...
HighGold Mining Inc. Oct. 15 reported that step out drilling continues to expand the gold-rich resource at the Johnson Tract project in Southcentral Alaska, including a copper-rich zone in the footwall of the JT deposit. 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, 0.57% (26.8 million...
Grande Portage Resources Ltd. Oct. 1 reported that it cut 52.34 grams per metric ton gold across 2.71 meters about 170 meters east of any other drilling into the Goat vein on the company's Herbert Gold project in Southeast Alaska. Located about 16 miles north of Juneau, Herbert Gold 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 14.15 g/t (251,700 oz)...
Resolution Minerals Ltd. and Millrock Resources Inc. Sept. 28 said they are disappointed but not discouraged by the weakly anomalous gold encountered in a 22-meter zone of veining in hole 20AU07 drilled into the Aurora target on the 64North project in Alaska's Goodpaster Mining District. The Aurora target at 64North is immediately west of the Goodpaster discovery on Northern Star Resources Ltd.'s high-grade Pogo gold mine property. In mid-September, Resolution reported that...
Resolution Minerals Ltd. Sept. 17 reported that the seventh hole of the 2020 season at 64North project has tapped a seven-meter-thick quartz vein at Aurora indicative of the Pogo-style gold mineralization being sought. Bordering Northern Star Resources Ltd.'s Pogo gold mine property, the roughly 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. Under a deal cut with Millrock R...
PolarX Ltd. Sept. 14 reported that this summer's drilling has encountered strong near-surface copper-gold mineralization at Zackly East, extending this emerging new resource area on the company's Alaska Range property by 320 meters along strike at the Zackly East. "Zackly East is fast becoming a substantial discovery with great scope for further growth," said PolarX Managing Director Frazer Tabeart. Alaska Range consists of two adjacent copper and precious metal projects – S...
Freegold Ventures Ltd. Sept. 11 reports results from a second hole that validates its hypothesis that higher grade gold mineralization extends west from the historic Cleary Hill Mine, which produced 281,000 ounces of gold from ore averaging 1.3 oz per ton before the operation was shuttered during World War II. The first hole of a winter drill program that got underway in March, GSDL2001, cut 188 meters averaging 3.69 grams per metric ton gold from a depth of 360 meters. This...
Tectonic Metals Inc. Sept. 14 reported additional high-grade gold intercepts from drilling at the Michigan zone on the company's Tibbs project in Alaska's Goodpaster Mining District. This year's drilling at Michigan focused on systematically stepping out to the northeast and southwest along a prominent northeast trending lineament in the center of the zone, where 2019 rotary air blast drilling cut 28.95 meters averaging 6.03 grams per metric ton gold. Given the success last...
White Rock Minerals Ltd. Sept. 15 reported that it tested the Last Chance gold discovery with 1,990 meters of drilling in eight holes before a blanket of snow marked the end of the 2020 exploration season at its Red Mountain project in Alaska. "Considering the Last Chance gold target started as a stream sediment anomaly earlier this year, our 2020 field season accomplished a lot," said Quinton Hennigh, a technical advisor to White Rock Minerals. Best known for its zinc-rich...
HighGold Mining Inc. Sept. 9 reports that the 2020 drill program on its Johnson Tract project in Southcentral Alaska picked up where the 2019 program left off – drills tapping long sections of high-grade gold and base metal mineralization. Situated on the west side of Cook Inlet about 125 miles southwest of Anchorage, Johnson Tract is a gold-copper-zinc-silver-lead project that had been inactive for the 25 years prior to HighGold's 2019 program there. Highlights from the 2019...
Redstar Gold Corp. Sept. 10 announced it is investing C$6 million in an 8,000-meter drilling and exploration program at its Unga gold project in Alaska. This program got underway earlier this month and is expected to extend into late November, the drilling will target four areas of high-grade and bulk mineable gold mineralization. "Commencing drilling at Unga is another significant milestone for Redstar Gold as we complete our transformation into a leading exploration...
Northway Resources Corp. Sept. 10 reported that recently completed geochemical and geophysical surveys have identified some very compelling exploration targets on the company's Healy gold project in Alaska's Goodpaster Mining District. Healy was first identified by Newmont Corp., which staked the property after carrying out four years of analysis across a large swath of Alaska's Eastern Interior region. Follow-up soil sampling by the major gold producer identified three...
Millrock Resources Inc. and Resolution Minerals Ltd. Sept. 10 provided results from two more holes drilled at 64North and an update on other exploration activities being carried out across the expansive gold exploration project in Alaska's Goodpaster Mining District. Bordering Northern Star Resources Ltd.'s Pogo gold mine property, the roughly 160,000-acre 64North project includes nine claim blocks – West Pogo, Shaw, Eagle, LMS-X, South Pogo, East Pogo, North Pogo, Last C...
Australia-based Nova Minerals Ltd. Aug. 31 announced it has plenty of cash in the bank to advance Korbel resource blocks A and B at its Estelle gold project in Alaska through the preliminary economic assessment stage and begin exploration of several nearby targets. Since the beginning of the year Nova has raised roughly A$15.8 million (US$11.7 million) through the exercise of 486.8 million options. "I would like to thank our shareholders for their continued support of Nova,"...
Redstar Gold Corp. Aug. 24 announced that it has raised C$7 million and finalized the acquisition of Heliodor Metals Ltd., an exploration company with interests in three epithermal gold and silver projects in Mexico, plus C$1.5 million in cash and no debt. As part of the deal, Heliodor founder and President Charles Funk has been named as Redstar's CEO. "Adding Heliodor to the Redstar group of companies will form a leading exploration company with quality high grade precious...
Nova Minerals Ltd. Aug. 26 reported high-grade gold samples collected from an outcrop at Cathedral, an exploration target about 1,200 meters southwest of Korbel Block B on the company's Estelle gold project in Alaska. Reconnaissance exploration at Cathedral target included sampling of quartz-arsenopyrite veining outcropping within the target area. Nova said the spectacular high-grade gold values of 2.97 to 114 grams per metric ton gold from this sampling elevates Cathedral to...
Trilogy Metals Inc. and South32 Ltd. Aug. 25 announced that former Newmont Corp. senior executive Ramzi Fawaz has been appointed as president and CEO of Ambler Metals LLC, the 50-50 joint venture company formed by South32 and Trilogy to explore and develop the Upper Kobuk Mineral Projects (UKMP) in Northwest Alaska. Fawaz served as senior vice president of projects at Newmont from 2011 until 2019, with responsibility for the development and execution of Newmont's major gold...
Millrock Resources Inc. and Resolution Minerals Ltd. Aug. 17 reported that drilling is now underway at the Echo target on the 64North gold project in Alaska's Goodpaster Mining District. The roughly 160,000-acre 64North gold project includes nine claim blocks – West Pogo, Shaw, Eagle, LMS-X, South Pogo, East Pogo, North Pogo, Last Chance and Divide. Under a deal cut with Millrock Resources Inc. last year, Resolution has the option to earn a 60% interest in this large gold p...
Nova Minerals Ltd. Aug. 19 said the 2020 drill program in Alaska continues to expand a very large and continuous gold system at the Korbel resource area toward the north end of the Australian explorer's roughly 18-mile- (29 kilometers) long Estelle property. Located about 100 miles (160 kilometers) northwest of Anchorage, Alaska's largest city, Estelle hosts 181.3 million metric tons of Australian Joint Ore Reserves Committee- (JORC) compliant inferred resource averaging 0.43...
Grande Portage Resources Ltd. Aug. 20 reported visible gold in two holes in unexpected veins tapped during the 2020 program at its Herbert Gold project just north of Juneau, Alaska. These VG intercepts were in two holes – DDH 20T-6 and DDH 20T-7 – drilled 120 meters east of any previous holes targeting the footwall of the Goat Vein and within an area 150 meters south of the vein. Each hole cut two intervals of quartz veins. The 2.58-meter intercept in DDH 20T-7 included coa...
