The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 876 - 900 of 1211
Coeur Mining Inc. July 6 reported steady gold production at its Kensington Mine in Southeast Alaska. During the second quarter, Kensington produce 26,424 ounces of gold, nearly identical to first quarter production and 18 percent less than the second quarter of 2016. This dip in production compared to last year is primarily due to anticipated lower ore grades due to mine sequencing. The average grade of material processed at Kensington during the second quarter was 0.17 ounces per ton gold. This compares to 0.17 oz/t gold in...
Endurance Gold Corp. July 24 said induced polarization and ground magnetic surveys carried out at its Elephant gold property in Interior Alaska have identified four prioritized geophysical anomalies that warrant drilling. The largest of these is a linear east-west trending low that entirely bisects the area covered by 43 line-kilometers of IP and 39 line-kilometers of magnetic surveying completed during the program. This dominant anomaly is interpreted to represent the resistivity expression of the Elephant Mountain Fault...
Ucore Rare Metals Inc. July 31 announced that it has entered into an agreement to sell SuperLig-One to Orca Holdings LLC and then lease back the rare earth separation pilot plant from Orca, a Ketchikan, Alaska-based enterprise controlled by Ucore advisory board member Randy Johnson. Under the terms of the agreement, Orca will pay Ucore of US$2 million for SuperLig-One and then lease the plant back to Ucore over a 3-year term at an annual lease rate of 15 percent. At the option...
Northern Dynasty Minerals Ltd. Aug. 11 reported that it is working toward the finalization of the design concept and necessary documentation to initiate permitting for its Pebble Mine project in Southwest Alaska. This work includes a field program to collect additional environmental baseline data for proposed infrastructure such as access routes, port and ferry landing sites with the objective of characterizing the existing conditions for engineering design and permitting...
Kinross Gold Corp. Aug. 2 reported that its Fort Knox Mine near Fairbanks, Alaska, produced 91,848 ounces of gold during the second quarter, a nearly 6 percent decrease from the 97,221 oz recovered there during the same period last year. The company attributes the 5,373-oz decrease to a colder spring that affected heap leach performance, which was partially offset by an increase in mill grades. "Fort Knox had a solid quarter as higher mill grades largely offset heap leach...
Constantine Metal Resources Ltd. Aug. 17 reported additional long, high-grade intercepts from exploration drilling at the Nunatak AG zone, a volcanogenic massive sulfide discovery located about 3,000 meters south of the South Wall-RW deposit at the Palmer project in Southeast Alaska. The discovery hole at Nunatak 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. CMR17-92, drilled about 140 meters south of the discovery hole, cut 17.8 meters grading 11.7...
Grande Portage Resources Ltd. Sep. 6 announced that sampling of a newly exposed outcrop at its Herbert Gold project about 15 miles (25 kilometers) north of Juneau, Alaska , returned 6.75 ounces per metric ton gold. This outcrop of the Goat vein was exposed by the rapid erosion of loose boulders and gravel. The vein here consists of approximately 4 feet of quartz with disseminated arsenopyrite, pyrite, galena and sphalerite and visible gold. Hanging wall alteration of the quartz diorite host rock reaches width of at least six...
Coventry Resources Ltd. and Millrock Resources Inc. Aug. 28 announced the start of a 3,000-meter drill program at Stellar, a copper-gold project along the south slopes of the Alaska Range. The drilling is focused on Zackly, a skarn deposit with a historical resource of 1.54 million metric tons grading 4.5 grams per metric ton (218,944 oz) gold and 2.9 percent (66.9 million pounds) copper. Millrock, which recently exchanged its interest in Stellar for a 10.6 percent equity...
Contango ORE Inc. Sep. 8 announced the discovery of West Peak Extension, a new zone of gold mineralization northwest of the Main Peak deposit, during the second phase of 2017 drilling at the Tetlin project near Tok, Alaska. Tetlin is being explored by Peak Gold, a joint venture between Contango ORE and Royal Gold Inc. In June, the Peak Gold partners published an updated global resource for Main and North Peak – measured, indicated and inferred – of 15.65 million metric ton...
Trilogy Metals Inc. Sep. 18 reported high-grade copper results from this summer's exploration drill program at the Bornite project, part of the company's Upper Kobuk Mineral Projects in the Ambler mining district of Northwest Alaska. This 10,000-meter program is focused on expanding upon the more than 6 billion pounds of copper Trilogy has outlined at Bornite. Roughly 2.7 billion lb of this copper is encompassed in an open-pit resource averaging roughly 1 percent copper. The r...
CopperBank Resources Corp. Oct. 4 said results from the first two holes of its 2017 drill program at Pyramid demonstrate the expansion potential of the copper deposit on the Alaskan Peninsula. 17PY032, the second hole of the 2017 program cut three mineralized intercepts: 40 meters of 0.33 percent copper, 0.1 percent molybdenum and 0.07 g/t gold from 11 meters; 51.3 meters of 0.34 percent copper, 0.02 percent molybdenum and 0.1 g/t gold from 67 meters; and 201 meters of 0.48...
Hecla Mining Company Oct. 12 reported that its Greens Creek Mine produced 2.3 million ounces of silver and 12,563 oz of gold during the third quarter of this year. This Southeast Alaska operation produced 6.2 million oz of silver through the first nine months of 2017, putting it on pace to produce around 8.5 oz for the year. Mill throughput at Greens Creek averaged 2,391 tons per day during the third quarter, the highest since the mine went into operation in 1989. Overall, Hecla’s four mines – Greens Creek, San Sebastian (Me...
Solitario Zinc Corp. Aug. 31 said it is undertaking metallurgical testing to determine the potential of improved silver recoveries from the zinc deposits at its recently acquired Lik project in Northwest Alaska. Lik hosts two deposits separated by a fault - the near-surface Lik South and the deeper Lik North. Lik South has an indicated resource of 16.85 million metric tons grading 8.1 percent zinc, 2.6 percent lead and 52.8 grams per metric ton silver; plus an inferred resource of 1.23 million metric tons grading 6.8 percent...
Freegold Ventures Ltd. July 18 reported results from the final six holes of a 27-hole oxide resource expansion drill program at the Golden Summit project about 25 miles north of Fairbanks, Alaska. Hole GSDL 17-28 cut 70.6 meters grading 0.82 grams per metric ton gold from surface. The oxide portion of this hole, which extended to a depth of 60 meters, averaged 0.36 g/t gold. Freegold said the results from this initial phase of 2017 drilling indicate the potential for expansion of the current oxide resource at Golden Summit....
Freegold Ventures Ltd. July 19 announced the start of 2017 drilling at its Shorty Creek copper-gold project about 75 road miles northwest of Fairbanks, Alaska. The company first tapped porphyry style copper-gold mineralization at Shorty Creek in 2015 and expanded upon its find last year. 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 the copper, gold and silver. This hole is 125 meters southwest of SC 15-03, which...
Millrock Resources Inc. July 26 reported that it has closed the sale of the Stellar copper-gold project to Vista Minerals Pty Ltd. Upon completion of the deal, Vista successfully merged with Coventry Resources, which owns an option on Caribou Dome, a high-grade copper project bordering Stellar. Coventry simultaneously announced that it had successfully raised AUS$5.5 million to further exploration on the now merged property. Upon closing of the three-way deal, Millrock owns a 10.6 percent of Coventry Resources, which is to be...
Teck Resources Ltd. April 25 reported the Red Dog Mine in Northwest Alaska produced 127,800 metric tons of zinc during the first quarter, a sixteen percent drop compared to the same period last year. The company attributed this drop to challenges of processing the higher grade but more complex ore from Qanaiyaq, the new pit at Red Dog. During the first quarter, ore from Qanaiyaq pit was introduced to supplement declining grade ore from the Aqqaluk pit. However, mill performance was adversely affected by these metallurgically...
CopperBank Resources Corp. Aug. 14 announced plans to expand its 2017 drill program at the Pyramid copper-gold-molybdenum project on the Alaska Peninsula. The company had already expanded the originally planned 1,500-meter initial phase of drilling by adding a second rig. Following a site visit by CopperBank's technical team and consultants from SRK Consulting (Canada) Inc., the company has decided to add a second phase of drilling to the program. "There were a number of...
Redstar Gold Corp. Aug. 23 reported that the initial phase of drilling at its Unga project on the Alaska Peninsula has extended the Shumagin gold zone. "Preliminary drilling has extended the known strike length of Shumagin to 1,600 meters by intersecting the Shumagin structure in 10 out of 12 holes," said Redstar President and CEO Peter Ball. The summer drill program was designed to understand and to test a previously undrilled area extending about 500 meters southwest of Shumagin zone. Two infill holes -17SH033 and 17SH034...
PolarX Ltd. Oct. 3 announced that mineralization has been observed in all of the holes drilled so far this year at its high‐grade Zackly copper-gold skarn deposit at the Stellar project in Southcentral Alaska. A historical resource for Zackly outlines 1.54 million metric tons grading 4.5 grams per metric ton (218,944 ounces) gold and 2.9 percent (66.9 million pounds) copper. This year's drilling is focused on upgrading the historical Zackly resource to Australian Joint...
Grande Portage Resources Ltd. Oct. 5 announced the completion of a 3,700-meter drill program at its Herbert Gold property about 16 miles north of Juneau, Alaska. So far, the company has outlined 821,000 metric tons of indicated resources averaging 6.91 g/t (182,400 oz) gold; and 51,600 metric tons of inferred resources averaging 7.73 g/t (12,800 oz) gold. This year's 12-hole program aims to add to this high-grade gold resource by testing extensions of three major veins and their satellite structures. Grande Portage said core...
The Pebble Partnership Oct. 13 announced the appointments of Stephen Hodgson and James Fueg to its technical team. Serving as senior vice president of engineering and project director, Hodgson will be responsible for all aspects of project design, engineering and financial studies, and regulatory compliance. He will be supported by Fueg, who has been appointed as vice president of permitting. In this role, Fueg will be responsible management of environmental and socioeconomic studies, liaison with federal and state agencies...
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...
Alaska Department of Law Oct. 20 filed an appeal to the Alaska Supreme Court in Stand for Salmon v. Mallott, a lawsuit over the constitutionality of proposed ballot initiative 17FSH2, also known as the Stand for Salmon initiative. In September, Lieutenant Governor Byron Mallott declined to certify 17FSH2 because it made an unconstitutional appropriation of a state asset- anadromous fish and wildlife habitat- by initiative. The lieutenant governor's decision was based on an Alaska Department of Law opinion that the law...
Hecla Mining Company Aug. 31 donated another US$300,000 to the University of Alaska Southeast as part of the Greens Creek Mine owner's ongoing support of the campus' "Pathways to Mining Careers" program. This program was created in 2011, when Hecla made an inaugural US$300,000 donation to develop a unique approach to engage local high school students and to educate and train them for future employment in the mining industry. Since that time, the program has been expanded to include adults new to mining. The program takes...
