The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 901 - 925 of 1211
Trilogy Metals Inc. April 19 said recently completed metallurgical testing demonstrates that excellent metals recoveries and clean copper and zinc concentrates can be generated from the copper-lead-zinc-gold-silver ores at Arctic, a volcanogenic massive sulfide deposit at the Upper Kobuk Mineral Projects in Northwest Alaska. During 2016, Trilogy completed four holes targeting mineralized material that is planned to be mined during the first seven years of production at...
The U.S. Bureau of Land Management May 8 announced that its Eastern Interior Field Office is considering a proposal to relinquish 709 acres of a National Oceanic and Atmospheric Administration land adjacent to Kinross Gold Corp.'s Fort Knox gold mine near Fairbanks. This land is a priority for acquisition by the state. In October, NOAA filed a notice of intent to relinquish this 709-acre parcel that lies about three miles northeast of NOAA's Fairbanks Command and Data Acquisition Station, commonly known as the Gilmore Creek...
Kinross Gold Corp. May 2 reported that its Fort Knox Mine near Fairbanks, Alaska, produced 93,038 ounces of gold during the first quarter, a nearly 6 percent increase over the 87,800 oz recovered there during the first three months of 2016. The company attributes the 5,238-oz increase to higher grade ore being fed through the mill. The mill at Fort Knox processed 2.93 million metric tons of ore averaging 0.75 grams per metric ton gold during the first quarter, compared to 3.2 million metric tons averaging 0.66 g/t during the...
The Pebble Partnership and ASRC Energy Services, a subsidiary of Arctic Slope Regional Corp., June 13 said they will be working together to provide business development and mentoring services aimed at enhancing future contracting opportunities for Alaska Native village corporations with landholdings near the Pebble copper-gold project in Southwest Alaska. "Local stakeholder involvement in responsible resource development projects is important, and ASRC Energy Services is a leader in stakeholder engagement," said ASRC Energy...
CopperBank Resources Corp. June 5 announced plans to complete at least 1,500 meters of drilling at its Pyramid copper-gold-molybdenum project in Southwest Alaska. The Pyramid project covers 94,830 acres of Aleut Native Corporation lands on the Alaska Peninsula. This property hosts 122 million metric tons of inferred resource averaging 0.41 percent copper, 0.1 grams per metric ton gold and 0.021 percent molybdenum. While completed by a reputable engineering firm in 2013, CopperBank is not treating this historical estimate as...
Redstar Gold Corp. June 21 reported that drilling has traced the high-grade gold vein at the Shumagin zone of its Unga gold project for 1,350 meters, which is an extension of about 400 meters. During the spring program at Unga, a historic high-grade gold property on an island just off of the Alaska Peninsula, Redstar completed 12 holes at roughly 100-meter centers, primarily targeting extension of the Shumagin gold zone. "We are excited to have intersected the Shumagin vein structure along strike to the southwest and, in...
CopperBank Resources Corp. June 28 announced plans for expanding the summer drill program at its Pyramid copper-gold-molybdenum project on the Alaska Peninsula. This augmented program includes the addition of a second drill rig, which will allow the company to increase the drilling beyond the 1,500 meters originally planned. Pyramid hosts 122 million metric tons of inferred resource averaging 0.41 percent copper, 0.1 grams per metric ton gold and 0.021 percent molybdenum. While completed by a reputable engineering firm in...
Pebble Limited Partnership and the U.S. Environmental Protection Agency are on the cusp of reaching a settlement of the longstanding legal dispute over the federal agency's attempt to use Section 404 (c) of the Clean Water Act to place pre-emptive restrictions on permits needed to develop a mine at the Pebble copper-gold-molybdenum project in Southwest Alaska. The federal court where the lawsuit was being heard granted a stay of proceedings until May 4 to provide Pebble and...
Alaska Department of Natural Resources April 11 announced significant new requirements in a land-use permit authorizing the Pebble Limited Partnership to continue care, maintenance and reclamation on its mining claims in the Bristol Bay region. The regulatory agency said this decision follows the review of more than 2,000 public comments and an exhaustive analysis. During the comment period on Pebble's application for the permit, questions arose on the condition of certain drill holes and whether hundreds of these holes...
Hecla Mining Company April 20 reported that its Greens Creek Mine produced 1.9 million ounces of silver and 14,022 oz of gold during the first quarter of this year. While this is down from the 2.5 million oz of silver and 15,891 oz of gold recovered at the Southeast Alaska operation during the first three months of 2016, it is higher than the company expected. This drop in metals production is primarily due to lower grades. Mill throughput at Greens Creek averaged about 2,190 tons per day during the first quarter of this...
Teck Resources Ltd. April 25 reported the Red Dog Mine in Northwest Alaska produced 102,500 metric tons of zinc during the first quarter, a six 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 as these ores are...
Freegold Ventures Ltd. May 9 announced the start of an initial phase of 2017 drilling aimed at expanding the oxide gold resource at its Golden Summit project about 25 miles north of Fairbanks and about four miles north of Kinross Gold Corp.'s Fort Knox Mine. During this this phase-one program, the company plans to drill 20 to 25 shallow holes to the north of the current mineral resource where previous rotary air blast drilling has identified the potential for higher grade...
Bureau of Land Management April 28 announced a 30-day public comment period on a request from Constantine Metal Resources Ltd. to extend the planned road at its Palmer project near Haines by 800 feet. Last year, Constantine gained approval to build 2.5 miles of new road that will provide access to the Glacier Creek deposit at Palmer. This authorization by BLM allows for up to 40 acres of ground disturbance to carry out exploration on their federal claims. The extension requested by Constantine would involve about 0.5 acres...
The Northwest Arctic Borough and Teck Alaska, operator of the Red Dog Mine, May 3 announced that they have finalized a new 10-year payment in lieu of taxes agreement. Under the terms of the agreement, Red Dog would flow roughly US$20 million to US$26 million into the borough each year under the new agreement. Roughly US$14 million to US$18 million of these funds would be paid directly to the Northwest Arctic Borough each year, a payment that would be calculated on a percentage of Red Dog's fixed asset value. The agreement...
Contango Ore Inc. May 9 reported that 5,236 meters of drilling was completed in 47 holes during the initial phase of drilling at the Tetlin gold project near Tok, Alaska. Carried out by Peak Gold LLC, a joint venture between Contango Ore and an Alaska subsidiary of Royal Gold Inc., this program tested the boundaries of the North Peak deposit and an outlying prospect known as Blue Moon. "The phase 1 2017 drilling program finished up in early April 2017, consisting primarily of...
U.S. Environmental Protection Agency and the U.S. Army May 10 announced that they have sent a letter to governors today soliciting input from states on a new definition of protected waters that is in-line with a Supreme Court Justice Antonin Scalia’s opinion in the 2006 Rapanos vs. United States case. Scalia’s definition explains that federal oversight should extend to “relatively permanent” waters and wetlands with a “continuous surface connection” to large rivers and streams. The Clean Water Act asserts federal control ove...
CopperBank Resources Corp. May 12 reported the closing of a C$1.4 million non-brokered private placement that included the issuance of 17.5 million common shares at C8 cents each. In April, CopperBank announced plans to carry out a roughly US$750,000 exploration program at Pyramid, a copper-molybdenum-gold project on Aleut Corporation lands on the Alaska Peninsula. The program, slated for mid-2017, is expected to include 1,500 meters of drilling. The company's objective is to expand the current resource at Pyramid in advance...
Endurance Gold Corp. June 5 reported the start of this year's exploration program at its Elephant gold property in Interior Alaska. This work will start with an induced polarization and magnetic ground geophysical survey. The geophysical crew is expected to mobilize to Elephant before the end of June. Endurance will also carry out additional prospecting, trenching, and soil and rock sampling at Elephant, Trout and Wolverine, the three properties that make up the Elephant project. Results from the ground geophysical program...
Trilogy Metals Inc. June 12 said a US$10 million exploration program is now underway at Bornite, a high grade copper deposit at the company's Upper Kobuk Mineral Projects in Northwest Alaska. Funded by South32 Ltd., a coal and base metals miner spun out of BHP Billiton in 2015, this program will include 12,000 meters of drilling focused on extending the copper mineralization last drilled by Trilogy in 2013. "We have waited three long years to be able to come back and drill at Bornite," said Trilogy President and CEO Rick Van...
Constantine Metal Resources Ltd. June 13 announced the start of a 7,000-meter drill program with two drills at the Palmer volcanogenic massive sulfide project near Haines, in Southeast Alaska. This is the first program under the newly formed Palmer joint venture between Constantine (51 percent) and Dowa Metals & Mining Alaska Ltd (49 percent). The majority of this year's drilling is dedicated to discovery of new mineral deposits. Palmer is host to numerous high-quality prospects with large hydrothermal alteration zones and...
Freegold Ventures Ltd. June 13 reported results from the first 11 holes of the oxide expansion drill program at its Golden Summit project about 25 miles north of Fairbanks, Alaska. In 2016, Freegold published a preliminary economic assessment that evaluates a 20,000-metric-ton-per-day operation at Golden Summit - a 10,000 tpd heap leach facility to process the oxide material and 10,000 tpd bio-oxidation plant for the sulfide material. The area being considered for mining hosts 61.5 million metric tons of indicated resource...
Sumitomo Metal Mining Pogo June 19 reported that a contract employee was fatally attacked by a bear while carrying out geological field work on the Interior Alaska gold property. A second contract employee that was attacked was transported to Fairbanks Memorial Hospital, where he was treated for non-life-threatening injuries and released the same day. The victims were working at an exploration site about five miles away from the main camp at the Pogo Mine when the bear attacked. A mayday was called and in accordance with...
Freegold Ventures Ltd. has released results from an additional 10 holes of its 27-hole oxide resource expansion drill program at the Golden Summit project about 25 miles north of Fairbanks, Alaska. On June 27, the company reported that hole GSDL 17-16 cut 69 meters averaging 1.14 grams per metric ton gold. The oxide portion of this this intercept was 54 meters, starting at a depth of 1.5 meters. GSDL 17-17 and GSDL 17-18, the two northernmost holes drilled during the program,...
Trilogy Metals Inc. June 28 reported that the 2017 field program at Arctic and Bornite, two high-grade deposits that make up the larger Upper Kobuk Mineral Projects in Northwest Alaska, is now underway. The US$17.1 million program at UKMP includes 12,000 meters of expansion drilling at Bornite and the final field work needed to complete a prefeasibility study for Arctic. In April, South32 Ltd. signed an agreement to earn a 50 percent joint venture interest in UKMP by investing US$150 million. To keep this option in good...
Millrock Resources Inc. July 6 announced the start of a sampling and prospecting program at its Liberty Bell gold project in the Bonnifield Mining District of Interior Alaska. In March, Kinross Gold Corp. entered into an option agreement with Millrock on Liberty Bell. To earn a 70 percent joint venture interest in the property, Kinross must fund US$5 million of exploration and maintenance costs over five years; pay up to US$145,000 in fees for any project management carried out by Millirock; and pay advanced royalty payments...
