The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 376 - 400 of 845
Contango ORE Inc. Aug. 25 announced that it has acquired full ownership of the historic Lucky Shot gold mine project in the Willow Mining District of Southcentral Alaska. A road-accessible project about 75 miles north of Anchorage, the 8,590-acre Lucky Shot property blankets a large portion of the Willow Creek Mining District, including the pre-World War II Lucky Shot and War Baby mines. It is estimated that from 1918 until being shut down by the federal War Production Board i...
Millrock Resources Inc. Aug. 12 announced that Coeur Explorations, a wholly-owned subsidiary of Coeur Mining Inc., has entered into an exploration agreement for Millrock's Apex gold project in Southeast Alaska. Apex is on the north side of Chichagof Island, about 70 miles southwest of Juneau and 75 miles southwest of Coeur's Kensington gold mine. This property is home to the historical Apex and El Nido mines, which produced at least 34,000 ounces of gold from ore averaging...
Nova Minerals Ltd. Sept. 1 reported that infill drilling of the Korbel deposit on its Estelle gold project in Alaska continues to confirm the continuity and expand upon the resource outlined there. According to an April calculation, the Korbel Main deposit hosts 4.7 million ounces of gold in 518 million metric tons of inferred resource averaging 0.3 grams per metric ton gold. This year's drilling is focused on upgrading and expanding this resource, as well as establishing a...
Tectonic Metals Inc. Aug. 18 reported that a deep-penetrating Titan-160 ground-based geophysical survey targeting has identified what appears to be low- and high-angle structures coinciding with gold-in-soil anomalies sharing the same geochemistry and host rocks as the gold-rich zones that have provided the bulk of the ore at Northern Star Resources Ltd.'s Pogo gold mine about 22 miles (35 kilometers) to the northwest. The geophysical survey was designed to determine the...
Heliostar Metals Ltd. June 16 reported that drills have tapped a high-grade gold vein in the area of the historic Apollo Mine on Unga Island and multiple strong gold intercepts at the adjacent Sitka Mine site. From 1886 to 1922, the historic Apollo Mine produced roughly 130,000 ounces of gold from ore that is estimated to have averaged around 10 grams per metric ton gold. This ore is reported to have been mined from three closely spaced, parallel veins. The Apollo vein...
Freegold Ventures Ltd. Aug. 18 reported that this year's drilling continues to cut wide sections of above- resource-grade gold mineralization and shorter bonanza-grade intercepts at its Golden Summit project about 25 miles north of Fairbanks, Alaska. Prior to 2020, most of the drilling at Golden Summit focused on Dolphin, a deposit that hosts 61.5 million metric tons of indicated resource averaging 0.69 grams per metric ton (1.36 million ounces) gold; and 71.5 million metric...
Hecla Mining Company Aug. 5 reported that the gold, zinc, and lead produced at Greens Creek generated more than enough cash to pay the costs to produce the 5.14 million ounces of silver during the first six months of 2021. After calculating in byproduct credits, the cash cost to produce an ounce of silver at Greens Creek during the first half of the year was negative $1.65. This means that every ounce of silver produced at the underground mine earned Hecla $28.10, which...
PolarX Ltd. Aug. 31 reported that the first three holes of its 2021 drill program at the Caribou Dome project in Alaska have cut multiple zones of copper-bearing massive sulfides. "These samples look spectacular," said PolarX Managing Director Frazer Tabeart, who is at Caribou Dome for the duration of the drill program. "They are close to holes from 2015 and 2016 which yielded up to 51.1 meters at 5.3% copper." Part of PolarX' larger Alaska Range property, Caribou Dome hosts...
Kinross Gold Corp. July 29 reported the new Barnes Creek heap leach pad is contributing to increased gold production at its Fort Knox gold mine about 25 miles north of Fairbanks, Alaska. During the second quarter of 2021, Fort Knox produced 63,302 ounces of gold, which is a more than 13% percent increase over the 55,815 oz produced during the first quarter and roughly 13% higher than the 56,031 oz of gold produced at the Interior Alaska mine during the second quarter of 2020....
Ucore Rare Metals Inc. Aug. 11 announced that it has joined the National Mining Association, which advocates for United States mining to Congress, the White House, federal agencies, and others in Washington, D.C. Ucore's joining with the more than 250 other corporate and organization members of NMA coincides with its preparation to construct the Alaska Strategic Metals Complex rare earth element processing facility by the end of 2023. "Ucore's membership in the National...
Teck Resources Ltd. July 28 reported that the Red Dog Mine produced 260,000 metric tons (573.2 million pounds) of zinc during the first six months of 2021, more than a 22% increase over the 212,300 metric tons (468 million lb) of the galvanizing metal produced at the midway point of 2020. Likewise, the Northwest Alaska mine produced 54,300 metric tons (119.7 million lb) of lead during the first half of 2021, a 21% increase over the 44,800 metric tons (98.8 million lb)...
Hecla Mining Company July 13 reported that its Greens Creek Mine in Southeast Alaska produced 5.14 million ounces of silver and 25,377 oz of gold through the first half of 2021. This accounts for more than 73% of the 6.98 million oz of silver and nearly 23% of the 111,143 oz of gold produced at Hecla mines so far this year. During the second quarter, Greens Creek produced 2.56 million oz of silver and 12,859 oz of gold. The silver output is roughly par with the first quarter b...
Solitario Zinc Corp. July 8 reported that an exploration program led by Teck Resources Ltd. is now underway at Lik, a high-grade zinc project about 14 miles northwest of Teck's Red Dog Mine in Northwest Alaska. Solitario acquired a 50% interest in Lik through the buyout of Zazu Metals Corp. in 2017. Teck owns the other half of the joint venture property. The jointly funded 2021 program at Lik is slated to include geochemical sampling, induced polarization geophysics, and at...
Tectonic Metals Inc. July 20 announced it is entering the second phase of its 2021 exploration program at Tibbs in Alaska's Goodpaster Mining District with a deep-penetrating Titan-160 ground-based geophysical survey targeting gold-in-soil anomalies in an area prospective for flat-lying gold veins similar to those that have provided the bulk of the ore Northern Star Resources Ltd.'s Pogo gold mine about 22 miles (35 kilometers) to the northwest. "Tectonic's innovative...
Avidian Gold Corp. July 19 announced the start of 2021 exploration at its Golden Zone gold-silver-copper project about six miles (10 kilometers) west of the paved Parks Highway about midway between Anchorage and Fairbanks, Alaska. This property in Southcentral Alaska hosts several precious and base metal targets along a roughly 12-mile (19 kilometers) trend. Breccia Pipe, the most advanced of these, is a deposit with 4.19 metric tons of indicated resource averaging 1.99 grams...
Millrock Resources Inc. July 7 provided an update on the Alaska gold exploration programs being carried out in partnership with two Australia-based mineral explorers – Felix Gold Ltd. in the Fairbanks Mining District and Resolution Minerals Ltd. in the Goodpaster Mining District. "The exploration season is in full swing in Alaska," said Millrock Resources President and CEO Greg Beischer. "Our funding partners are mounting very significant campaigns that could result in new gol...
Contango ORE Inc. June 21 announced that it has raised US$10.9 million to fund its share of exploration and development of Manh Choh, a 1.2-million-ounce gold mine project in eastern Alaska being explored and developed in partnership with Kinross Gold Corp., as well as exploration on three other gold properties wholly owned by CORE. The financing involved the issuance of 523,809 CORE shares at US$21 each. Alaska Future Fund, an Alaska investment program launched in 2019 by...
HighGold Mining Inc. June 23 announced it has expanded its 2021 drill program at Johnson Tract to 20,000 meters, a 25% increase over the 16,000 meters originally slated and the largest ever drill program at the gold-rich polymetallic project in Southcentral Alaska. The decision to expand the original C$10 million 2021 program and accelerate the exploration at Johnson Tract follows a C$1.9 million boost to HighGold's treasury from the exercise of warrants in May. Proceeds...
Discovery Africa Ltd. July 16 said it has completed an initial field program to validate and expand upon known gold occurrences on its Chulitna project about four miles west of the Parks Highway, roughly midway between Anchorage and Fairbanks, Alaska. Situated south of Avidian Gold Corp.'s Golden Zone project, the approximately 46-mile Chulitna land package covers the Partin gold-silver-copper target and Coal Creek tin-silver zinc prospect. Australia-based Discovery Africa,...
Blackwolf Copper and Gold Ltd. July 6 reported that it has expanded its portfolio of mineral projects in Southeast Alaska with the staking of Casey, a high-grade gold-silver volcanogenic massive sulfide property just northwest of Hyder, Alaska, and Stewart, British Columbia. "Staking the Casey property adds another highly prospective unexplored project to our pipeline, particularly targeting polymetallic base and precious metal mineralization similar to our flagship Niblack...
GoldMining Inc. June 21 published an updated mineral resource estimate for its Whistler gold-silver-copper project adjacent to Nova Minerals Ltd.'s Estelle gold project in Southcentral Alaska. According to the new calculation, the Whistler, Island Mountain, and Raintree West deposits at Whistler host 118.2 million metric tons of indicated resource averaging 0.51 grams per metric ton (1.94 million ounces) gold, 2.19 g/t (8.3 million oz) silver, and 0.16% (422 million pounds)...
PolarX Ltd. June 22 announced plans to complete at least 1,500 meters of core drilling this year at Caribou Dome, a high-grade copper project on its Alaska Range property. Discovered in 1963, Caribou Dome hosts 2.8 million metric tons of combined measured, indicated, and inferred resources averaging 3.1% (189.6 million pounds) copper in nine lenses of volcanic sediment-hosted mineralization. PolarX says historical exploration revealed these lenses show strong copper anomalism...
Tectonic Metals Inc. June 28 announced the start of 2021 drilling at Tibbs, a gold exploration project about 22 miles (35 kilometers) southeast of Northern Star Resources Ltd.'s high-grade Pogo gold mine in Alaska's Goodpaster Mining District. This year's program at Tibbs is currently slated to include the drilling of 3,000 meters of oriented core in two phases separated by a TITAN-24 geophysical survey. "Tibbs hosts some of the highest tenor gold anomalies in the Goodpaster...
Blackwolf Copper and Gold Ltd. June 16 reported that the spring 2021 underground resource expansion and exploration drilling program has cut substantially thicker intervals of copper-gold-silver-zinc mineralization than expected at the Lookout deposit, which hosts the bulk of the resource identified so far at the company's Niblack volcanogenic massive sulfide deposit in Southeast Alaska. According to a 2011 calculation, the Lookout deposit at Niblack hosts 5.6 million metric...
Nova Minerals Ltd. June 16 announced the start of drilling at RPM, a potentially higher-grade zone that represents the next stage of growth on the company's Estelle gold property in Alaska. Situated about 16 miles (25 kilometers) south of Korbel, where Nova has outlined 4.7 million ounces of gold in 518 million metric tons of inferred resource averaging 0.3 grams per metric ton gold, RPM is a high-priority exploration target with very high gold grades at surface. One hole...
