The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 626 - 650 of 1210
PolarX Ltd. Oct. 1 announced that drilling has tapped encouraging porphyry copper mineralization at the Stellar project, part of the Australia-based explorer's Alaska Range property. This Stellar copper, however, was not encountered at Saturn, the primary target of porphyry exploration at Alaska Range. Instead, this mineralization was identified in core from the first hole drilled at Mars, another porphyry target at the opposite end of a 7.5-mile- (12 kilometers) long...
Constantine Metal Resources Ltd. Sept. 25 reported that one hole drilled this year encountered massive baritic sulfide mineralization well outside of the RW Zone at the Palmer Joint Venture project in Southeast Alaska. The Palmer deposit, which includes both the South Wall and RW zones, contains 4.68 million metric tons of indicated resource averaging 5.23 percent (539 million lb) zinc, 1.49 percent (154 million lb) copper, 30.8 grams per metric ton (4.2 million oz) silver,...
Millrock Resources Inc. Sept. 23 announced that First Quantum Minerals Ltd. has been granted the exclusive right to enter an option agreement on Dragonslayer, a porphyry copper-gold project Millrock has identified in eastern Alaska. To earn the option right, First Quantum is funding C$100,000 of initial exploration that includes geochemical surveys, mapping, and prospecting. This work is focused on a geophysical anomaly located in a belt of Cretaceous-aged rocks southeast of...
Graphite One Inc. Sept. 23 announced the start of a fall drill program at its Graphite Creek property located near Nome, Alaska. The roughly 800 meters of planned drilling will provide geotechnical information for an open-pit mine design and determine ground conditions in proposed infrastructure sites in preparation for the completion of a prefeasibility study for developing a mine at Graphite Creek, slated for the second quarter of next year. "Our 2019 drilling program is exp...
Ucore Rare Metals Inc. Sept. 23 reported two developments that could bolster the economics of a mine at Bokan-Dotson Ridge and expedite the permitting of this potential rare earth operation in Southeast Alaska. The potential boost in economics comes from a recent study that beryllium, zirconium, niobium, and hafnium could be valuable by-products to mining the rare earth elements at Bokan Mountain. All four of these metals are on the U.S. Geological Survey list of minerals cons...
HighGold Mining Inc. Sept. 23 provided details of the 2,000-meter drill program at its flagship Johnson Tract gold project in Southcentral Alaska. In late August, HighGold initiated an eight- to 10-hole diamond drill program aimed at confirming, defining and expanding the main Johnson Tract deposit. The Johnson Tract has significant historical exploration, including 88 holes primarily targeting the main Johnson tract deposit. Under a joint venture with Cook Inlet Region Inc.,...
Nova Minerals Ltd. Sept. 17 announced that re-assaying of core from previous drilling has confirmed another potential gold deposit on its Estelle property in Alaska. Last week, the Australia-based explorer announced a maiden inferred resource of 181.3 million metric tons averaging 0.43 g/t (2.5 million oz) gold for the Oxide Korbel deposit at the north end of Estelle. Now, the company reports promising results from RPM, a target at the southern end of the roughly 18-mile-long...
White Rock Minerals Ltd. Sept. 19 said it has identified another prospect to add to a growing list of drill targets at Red Mountain, a high-grade zinc and precious metals volcanogenic massive sulfide (VMS) project in Alaska. Red Mountain already hosts two zinc-lead-copper-silver-gold deposits – Dry Creek and West Tundra Flats (WTF). At a 3 percent zinc cutoff grade, these deposits host 9.1 million metric tons of Australian Joint Ore Reserves Committee- (JORC) compliant i...
Graphite One Inc. Sept. 9 announced it has secured the funding to finalize a prefeasibility study for its Graphite Creek project in western Alaska. Taiga Mining Company Inc., an Alaska-based company that is a major Graphite One shareholder, has agreed to loan Graphite One US$4.8 million for the advanced engineering and economic study for developing a graphite mine and processing facility. "In our current challenging capital markets, a commitment of US$4.8 million – which is ex...
Nova Minerals Ltd. Sept. 11 reported that it has outlined 2.5 million ounces of gold in a maiden inferred resource estimate for the Oxide Korbel deposit on the company's Estelle project in Alaska. Previously known as Oxide Ridge, the Oxide Korbel is located at the northern end of the roughly 18-mile-long Estelle property. The Oxide Korbel discovery hole, drilled by Millrock Resources Inc. in 2011, cut 450.7 meters averaging 0.38 grams per metric ton gold in an area Nova now...
Nova Minerals Ltd. Sept. 2 said results from this year's drill program at its Estelle gold project in Alaska has cut higher grade, near-surface mineralization within a bulk tonnage gold deposit at Oxide Korbel. Oxide Korbel is a prospect area that roughly covers an area previously referred to as Oxide Ridge toward the north end of the roughly 18-mile-long Estelle property. SE11-01, the Oxide Ridge discovery hole drilled by Millrock Resources Inc. in 2011, cut 450.7 meters...
United States Bureau of Land Management Aug. 30 published the Draft Environmental Impact Statement for the proposed Ambler Mining District Industrial Access Road to the Federal Register, marking the official start of a 45-day public comment period for this proposed 211-mile transportation corridor to one of the richest undeveloped minerals districts in Alaska. Alaska Industrial Development and Export Authority, which is expected to build and maintain the Ambler road and be...
Northway Resources Corp., a new company with two gold exploration properties in Alaska, Aug. 26 announced the completion of an initial public offering and listing on the TSX Venture Exchange. "We are very excited about closing this transaction and being listed as a new public company on the TSXV," said Northway Resources President and CEO Zach Flood. "Northway Resources was founded last year with the primary focus to explore for gold in Alaska." Northway is currently focused...
Ucore Rare Metals Inc. Aug. 29 reported that Alaska Gov. Michael Dunleavy has asked the White House to designate Bokan-Dotson Ridge rare earth project as a high priority infrastructure project, which would expedite the permitting process for this potential critical metals mine in Southeast Alaska. "The state of Alaska understands the critical nature of a secure supply chain for rare earth minerals in the United States. We are seeking your support to have this Alaskan rare...
Quaterra Resources Inc. Aug. 26 announced the start of a 1,500-line-kilometer ZTEM (z-axis tipper electromagnetic) geophysical survey at Groundhog, a 40,000-acre property that covers a northern extension of a structural zone that hosts several porphyry targets and deposits, including the world-class Pebble copper-gold-molybdenum deposits about three miles to the south. Alaska Earth Sciences, an Anchorage-based geological consulting firm, discovered the Groundhog prospect and K...
Ucore Rare Metals Inc. Aug. 22 announce that that it met with senators Lisa Murkowski (R-Alaska) and Dan Sullivan (R-Alaska) in separate visits to Ketchikan, Alaska, to discuss Ucore's promise as a secure domestic supply source for rare earth elements crucial to U.S. defense, manufacturing, and industrial base needs. "We're delighted to be working with two influential federal senators, both of whom recognize the importance of secure domestic supply chains for critical...
Redstar Gold Corp. Aug. 22 renewed its lease for the Unga project on islands just off the Alaska Peninsula and plans to resume exploration of the high-grade gold project later this year. Aleut Corp., an Alaska Native Claims Settlement Act (ANCSA) regional corporation, owns the mineral rights to most of Unga. Two ANCSA village corporations, Shumagin and Unga, own much of the surface estate on this island. More information on Aleut Corp can be found at Aleuts Ring of Fire...
Freegold Ventures Ltd. announced the start of a roughly 2,000-meter drill program at Shorty Creek, a porphyry gold-copper project about 75 miles northwest of Fairbanks. This drilling is being funded by a wholly owned subsidiary of South32 Ltd., which entered into an option agreement with Freegold Ventures to acquire 70 percent interest in Shorty Creek for US$30 million, less any money the Australia-based major invests in exploring the promising copper-gold-silver-tungsten...
Nova Minerals Ltd. Aug. 12 reported that the preliminary resource drill program at its Estelle gold project in Alaska has been completed on time and under budget. As a result of the acceleration of its induced polarization (IP) geophysical survey and drill campaign this year, Nova said it has made significant headway toward reporting an initial Australian Joint Ore Reserves Committee- (JORC) compliant for Oxide Korbel, a new occurrence in the Oxide area at the north end of the...
Hecla Mining Company Aug. 6 reported that drilling at Greens Creek has upgraded and expanded the resources in East Ore, NWW and 9A, zones. East Ore is a zone that comes to surface at the Big Sore outcrop that led to the Greens Creek discovery. Going into 2019, this zone continued to host 454,800 metric tons of indicated resource averaging 12.6 ounces per ton (5.73 million oz) silver, 7.86 percent (35,760 tons) zinc, 2.94 percent (13,390 tons) lead and 0.089 oz/t (40,600 oz) go...
PolarX Ltd. Aug. 6 reported that initial data from an induced polarization (IP) geophysical survey over the Saturn target at its Alaska Range project has identified large anomalies which are consistent with the porphyry copper‐gold mineralization being targeted by drilling that is now underway. Funded by an A$4.3 million investment by Lundin Mining Corp. in June, this 5,000-meter drill program is expected to include eight to 10 deep holes. PolarX identified Saturn as a p...
Constantine Metal Resources Ltd. July 31 reported that it has received state approvals for underground exploration at Palmer, the next major step in the advancement of this zinc-copper-gold-silver-barite project in Southeast Alaska. In June, Constantine published a preliminary economic assessment that outlines plans for a 3,500-metric-ton-per-day operation at Palmer that would produce 1.07 billion pounds of zinc, 196 million lb of copper, 18 million ounces of silver, 91,000...
New Age Metals Inc. July 25 announced the start of a 2019 exploration program focused on mapping hydrothermal alteration to better define drill targets on its Genesis platinum group metals-nickel-cobalt project in Southcentral Alaska. Situated along the Richardson Highway about 75 highway miles north of the deep-water port city of Valdez, Genesis is an under-explored palladium-platinum-nickel-copper property with great infrastructure. Previous sampling at Sheep Hill, one of...
Grande Portage Resources Ltd. July 29 announced the start of a summer field program at its Herbert Gold project in Southeast Alaska that includes trenching and channel sampling across the Deep Trench and Main veins, as well as prospecting other potential veins running across this property north of Juneau. According to a calculation completed in May, Herbert Gold hosts 1.88 million metric tons of indicated resource average 10.03 grams per metric ton (605,000 ounces) of gold;...
Millrock Resources Inc. July 29 announced that it has raised C$1 million to help fund exploration of its West Pogo gold project in the Goodpaster Mining District, as well as generate new properties and seek out partners to fund further exploration in Alaska. As a project generating mineral exploration company, Millrock has long been bullish on the potential of the Goodpaster, a gold mining district about 100 miles east of Fairbanks that hosts Northern Star Resource Ltd.'s...
