The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 851 - 875 of 1210
Trilogy Metals Inc. Jan. 10 said metallurgical test work results shows that a high-quality, 30 percent copper concentrate containing no deleterious metals can be produced from the surface mineable in-pit resource at the Bornite project, part of the company's Upper Kobuk Mineral Projects in the Ambler mining district of Northwest Alaska. The defined in-pit resource encompasses 40.5 million metric tons of indicated resource averaging 1.02 (917 million pounds) copper and 84.1...
Goldrich Mining Company Jan. 8 reported that the Chandalar placer gold mine in northern Alaska is slated to produce roughly 21,000 ounces of gold in 2018. The Chandalar mine is owned by Goldrich NyacAU Placer, a joint venture formed between Goldrich and NyacAU to mine the rich placer gold deposits that occur across Goldrich's 23,000-acre Chandalar property. NyacAU LLC, a mining company with extensive placer gold mining experience, is the mine operator. Since placer gold operations began in 2015, Goldrich NyacAU Placer has...
Coeur Mining Inc. Jan. 8 reported that its Kensington Mine produced 115,094 ounces of gold in 2017, falling short of the 120,000 to 125,000 oz the company anticipated from the Southeast Alaska operation. Coeur said lower-than-expected grades throughout the first nine months of the year was the primary reason Kensington fell short of the company's gold production guidance. During the fourth quarter, the Kensington Mine produced 34,932 oz of gold, 27 percent more gold than was...
Graphite One Resources announced Inc. Dec. 29 that it has appointed noted Alaska placer gold miners Kevin Greenfield and Jerry Birch to its advisory board. Co-owners and senior executives of Taiga Mining Company, Greenfield and Birch each bring nearly three decades of developing, permitting and operating Alaska mining projects to Graphite One. In early December, Taiga Mining participated in a C$707,185 Graphite One financing, becoming a strategic investor in the owner of the Graphite Creek project in western Alaska....
The Pebble Partnership Dec. 22 submitted permit applications for the Pebble Mine project to U.S. Army Corps of Engineers, initiating the project review process under the National Environmental Policy Act. With roughly 56.8 billion pounds copper, 70.4 million ounces gold, 3.4 billion lb molybdenum and 343.6 million oz silver in measured and indicated resource, Pebble hosts both the largest undeveloped copper and undeveloped gold resource on Earth. While a deposit of this size...
Ucore Rare Metals Inc. Dec. 22 said President Donald Trump's executive order to ensure reliable supplies of critical minerals is a fundamental policy shift that is important to the company and its Bokan Mountain rare earth elements project in Southeast Alaska. The executive order signed by Trump on Dec. 20 instructs federal agencies to identify and publish a list of critical minerals, and develop a strategy to reduce the United States' reliance on other countries to supply...
Graphite One Resources Inc. Dec. 21 said a U.S. Geological Survey report on critical minerals of the United States and an executive order to develop a federal critical mineral's strategy highlights the importance of the company's Graphite Creek project in western Alaska. The USGS report lists graphite among the 23 metals and minerals critical to "the national economy and national security of the United States." Additionally, Graphite is one of just four critical minerals on...
Trilogy Metals Inc. Dec. 14 announced that South32 Ltd. has committed US$10 million to fund the 2018 exploration program at the Bornite copper project in Northwest Alaska. This second tranche of US$10 million keeps South32's option to acquire 50 percent of the Upper Kobuk Mineral Projects in good standing. The 2018 program, which was recently approved by the Trilogy-South32 technical committee, will include in-fill and off-set drilling to better define and expand the...
PolarX Ltd. Oct. 25 reported that an induced polarization geophysical survey has confirmed the potential of a buried porphyry copper-gold system at the Mars prospect on its Stellar property in Southcentral Alaska. Broadly spaced soil samples have outlined a 2,000- by 1,500-meter area of gold and copper mineralization at Mars and rock chip samples collected from this same area have returned assays of up to 7.4 percent copper and 1.8 grams per metric ton gold. Data from the IP s...
CopperBank Resources Corp. Nov. 28 said this year's rock and soil sampling program at San Diego Bay is a good first step in understanding the porphyry copper-gold potential of this project on the Alaska Peninsula. Geologists collected 37 grab rock samples and 173 soil samples during the summer program at San Diego Bay. The soil samples were collected over three areas: San Diego Bay in the southeast; Renshaw Point on the eastern side of the property, and an area near Balboa Bay on the western side of the property. The best...
CopperBank Resources Corp. Oct. 30 reported drill results that continue to confirm and expand copper mineralization in the Main and North zones of its Pyramid project on the Alaska Peninsula. DDH 17PY035 cut 251 meters averaging 0.41 percent copper over two intervals in the Main zone - a near surface intercept of 137 meters of 0.45 percent copper, 0.02 percent molybdenum and 0.15 grams per metric tons gold from a depth of 42 meters and 114 meters of 0.37 percent copper, 0.01 percent molybdenum and 0.08 g/t gold from 205...
Trilogy Metals Inc. Nov. 10 filed a National Instrument 43-101 technical report that supports the April resources estimate for the Arctic project in Northwest Alaska. At a 0.5 percent copper-equivalent cut-off grade, the April estimate outlines 36 million metric tons of in-pit indicated resources averaging 3.07 percent (2.44 billion pounds) copper, 4.23 percent (3.36 billion lb) zinc, 0.73 percent (581 million lb) lead, 0.63 grams per metric ton (728,000 ounces) gold and 47.6...
CopperBank Resources Corp. Nov. 17 said Auracle Geospatial Science Inc. will complete a remote sensing radar and hyperspectral survey for the Pyramid and San Diego Bay copper projects on the Alaskan Peninsula. Auracle has developed a suite of mapping technologies that offers structural analysis and mineral classification to identify and map mineral occurrences and alteration zones associated with metal deposits. CopperBank said the results from the satellite radar survey will...
PolarX Ltd. Dec. 6 reported that assay results from two additional holes drilled at Zackly continue to confirm the historical copper-gold resource for the skarn deposit within the company's Alaska Range project. Hole ZM-17010 cut two mineralized intercepts - 5.5 meters averaging 0.65 percent copper and 1.11 grams per metric ton gold from 155.9 meters; and 18.4 meters of 1.34 percent copper and 1.15 g/t gold from 169.5 meters. Hole ZM-17015 cut 5.9 meters averaging 1.23...
Trilogy Metals Inc. Dec. 11 announced the appointment of renowned Alaska Native leader William Iggiagruk Hensley to its board of directors. Born in Kotzebue, Northwest Alaska, Hensley was a key player in the settlement of Alaska's Native claims with the United States government. He attended the University of Alaska in Fairbanks and graduated with a degree in Political Science from George Washington University in Washington, DC. While attending graduate school in Fairbanks,...
CopperBank Resources Corp. Nov. 14 reported results for the final seven holes of a 13-hole diamond drill program carried out this year at its Pyramid Copper project on the Alaskan Peninsula. Hole DDH 17PY037, which is entirely outside the historical resource, cut 331.6 meters of 0.31 percent copper 0.12 grams per metric ton gold and 0.02 percent molybdenum. This intercept started from a depth of 7.3 meters and ran to the bottom of the hole. This hole was drilled to verify the orientation of the mineralization between the...
Constantine Metal Resources Ltd. Nov. 2 reported wide silver and zinc intervals during expansion drilling at the AG Zone, a silver- and zinc-rich volcanogenic massive sulfide discovery at the Palmer project in Southeast Alaska. The discovery hole at AG, reported in July, cut 9.2 meters of massive barite-sulfide averaging 312 grams per metric ton silver and 0.9 g/t gold. Assays from additional holes reported in August include: 17.8 meters grading 11.7 percent zinc, 0.2 percent...
Hecla Mining Company Nov. 7 said the zinc, lead and gold produced at Greens Creek more than paid for the production costs at the Southeast Alaska mine during the third quarter. As a result, the cost to produce an ounce of silver at Greens Creek was negative US15 cents from July through September. This compares to US$4.80/oz during the same period last year. The all in sustaining costs to produce and ounce of silver at Greens Creek, after by-product credits, was US$4.47/oz...
Kinross Gold Corp. Nov. 8 reported that its Fort Knox Mine near Fairbanks, Alaska, produced 101,077 ounces of gold during the third quarter, a roughly 8 percent decrease from the 110,396 oz recovered during the same period last year. The company attributes the decrease to lower tonnage stacked on the heap leach pad. The Fort Knox mill processed 3.23 million metric tons of ore averaging 0.78 grams per metric ton gold during the quarter, compared to 3.27 million metric tons...
Contango ORE Inc. Nov. 10 reported that Royal Gold Inc. has invested US$28.7 million into the Peak Gold project in eastern Alaska, which nears the US$30 million required to earn a 40 percent joint venture interest in the project. Once Royal Gold has earned its interest, Contango ORE will pay 60 percent of the expenditures at Peak Gold, formerly known as the Tetlin project, and Royal Gold will pay 40 percent. Contango ORE recently raised US$1.2 million through the exercise of...
Freegold Ventures Ltd. Nov. 16 reported that the initial holes of its 2017 drill program at Shorty Creek have intercepted significant widths of copper-gold-silver, cobalt and tungsten mineralization, further confirming and expanding the Hill 1835 target. Since the 2015 discovery hole was drilled, Freegold has completed roughly 4,200 meters of drilling at Hill 1835. Hole SC 16-01, drilled last year at the property's Hill 1835 target, cut 434.5 meters averaging 0.57 percent copper-equivalent, which accounts for the value of...
Quantum Resources Ltd. Nov. 20 announced that it has entered into an option five Alaska projects prospective for gold, silver, zinc, nickel, copper, cobalt and rare earth elements. The primary property optioned by the Australia-based junior is Estelle, a district-scale gold-copper-silver project about 100 miles northwest of Anchorage. The other four properties, collectively known as the Farewell group are located northwest of Estelle and include: Chip-Loy-Roberts, a...
Redstar Gold Corp. Dec. 11 reported that all 13 holes drilled during the 2017 fall exploration program at its Unga gold project on the Alaska Peninsula cut gold and silver. Most of this drilling, 11 holes, tested the Shumagin Gold zone, expanding this epithermal gold structure to 1,750 meters. The Shumagin Gold zone has four main areas of mineralization on the basis of location and geology - SW Extension, Main Breccia, Bunker Hill and East Zone. The fall drill program tested a 750-meter area surrounding Bunker Hill and along...
CopperBank Resources Corp. Oct. 23 reported results from two additional holes drilled this summer at the Pyramid copper project on the Alaska Peninsula. Hole DDH 17PY033, drilled in the Main zone of the Pyramid deposit, cut 300 meters of 0.53 percent copper, 0.12 g/t gold and 0.02 percent molybdenum. This hole was drilled 150 meters west of DDH 11PY016, a 2011 hole that cut 155 meters of 0.71 percent copper, 0.18 g/t gold and 0.018 percent molybdenum. CopperBank said the...
PolarX Ltd. Nov. 23 reported that assays from the first five holes drilled at Zackly confirm the high-grade copper-gold mineralization in this skarn deposit on the Stellar property. Significant results from the first five holes include: 14.5 meters of 2.5 percent copper and 2 grams per metric ton gold from a depth of 34.9 meters; 5.3 meters of 2 percent copper and 2.7 g/t gold from 9.7 meters; and 3.5 meters of 3.9 percent copper and 2.2 g/t gold from 99.1 meters. PolarX said these grades exceed those from historical...
