The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 601 - 625 of 845
HighGold Mining Inc. Nov. 5. reported a long section of world-class gold-zinc-copper mineralization in its first hole at the Johnson Tract gold project in Southcentral Alaska. The newly formed company's inaugural hole, JT19-082, cut 107.8 meters averaging 12.42 grams per metric ton gold, 8.9 g/t silver, 0.88 percent copper, 7.11 percent zinc and 1.64 percent lead – or 19.55 g/t gold-equivalent. "Johnson Tract is one of an elite few gold deposits to generate drill i...
Millrock Resources Inc. Nov. 4 reported that all the pieces are falling in place for an early 2020 drill program at West Pogo, one of nine blocks of claims that make up the company's district-scale Goodpaster gold project in Interior Alaska. In mid-October, Australia-based Northern Cobalt Ltd. cut a deal to earn up to a 60 percent interest in the Goodpaster project by investing US$20 million in exploration, plus paying US$200,000 in cash and issuing 38 million in Northern...
Trilogy Metals Inc. Oct. 28 reported the final set of assay results from the 2019 drill program at Bornite, part of the company's Upper Kobuk Mineral Projects (UKMP) in the Ambler mining district of Northwest Alaska. The open-pit portion of Bornite hosts 40.5 million metric tons of indicated resource averaging 1.02 percent (913 million pounds) copper; and 84.1 million metric tons of inferred resource averaging 0.95 percent (1.77 billion lb) copper. The underground portion of...
White Rock Minerals Ltd. Oct. 29 said the last hole of its 2019 drill program at Red Mountain indicates the potential for significant resource expansion at this zinc-rich volcanogenic massive sulfide project in Interior Alaska. Two VMS deposits on the Red Mountain property – Dry Creek and West Tundra Flats (WTF) – host 9.1 million metric tons of Australian Joint Ore Reserves Committee- (JORC) compliant inferred resources averaging 5.8 percent (1.17 billion pounds) zinc; 2.6...
Northway Resources Corp. Oct. 21 reported that gold mineralization was encountered in all 10 reconnaissance holes completed during a maiden drill program carried out this year at the Healy project in Alaska's Goodpaster Mining District. Northway is a new mineral exploration company that completed an initial public offering and listing on the TSX Venture Exchange in August. At about the same time as the IPO, Northway began a maiden drill program at Healy, a discovery stage...
PolarX Ltd. Oct. 21 reported that the encouraging porphyry copper mineralization encountered in the first hole at the Mars target on its Alaska Range property increased in intensity to the bottom of the hole. On Oct. 1, the Australia-based company announced that its Mars discovery hole, 19MAR001, cut roughly 300 meters of porphyry-style mineralization starting at a depth of about 5.3 meters. Today, the company said this visible copper and molybdenum mineralization increased...
Graphite One Inc. Oct. 23 reported that material from the company's Graphite Creek project in western Alaska is being tested by a major U.S. electric vehicle manufacturer. Earlier this year, Graphite One began shipping roughly 12,000 pounds of graphitic material from surface sampling at Graphite Creek to a United States-based industrial partner for processing into advanced graphite materials. This unnamed strategic partner has processed some of this material into...
Ucore Rare Metals Inc. Oct. 15 announced that 38,500 metric tons of critical minerals have been added to the resource for its Bokan Dotson-Ridge rare earth project in Southeast Alaska. The new metals added as co-products to the REEs already defined at Bokan include niobium, zirconium, beryllium, hafnium, titanium and vanadium. Using a cut-off grade of 0.4 percent for the rare earths, the Bokan deposit hosts 4.79 million metric tons of indicated resource averaging 460 parts per...
HighGold Mining Inc. Oct. 16 reported the completion of 2,247 meters of drilling in nine holes during the newly formed company's inaugural exploration program at the Johnson Tract gold-zinc-copper property in Southcentral Alaska. In addition to the drilling, which focused on defining and expanding the JT (Johnston Tract) deposit, this year's fieldwork included prospecting, geological mapping and geochemical sampling at several regional targets on the property. HighGold,...
Hecla Mining Company Oct. 7 reported that its Greens Creek Mine in Southeast Alaska produced 2.54 million ounces of silver during the third quarter, a 36 percent increase over the 1.88 million oz produced during the same period of 2018. Through the first nine months of 2019, Greens Creek has produced 7.15 million oz of silver. This is up 24 percent compared to the first three quarters of last year and puts the Southeast Alaska operation on pace to produce 9.5 million oz of...
Coeur Mining Inc. Oct. 10 reported another strong quarter of gold production at its Kensington Mine in Southeast Alaska but a dip in silver, zinc and lead production at the Silvertip Mine in northern British Columbia. Kensington produced 34,156 ounces of gold during the third quarter of this year, which is a slight increase over the 34,049 oz recovered at the Southeast Alaska mine during the previous quarter and 27 percent higher than the 26,809 oz produced during the third qu...
Millrock Resources Inc. Oct. 9 reported that the results from its recently completed geophysical program has identified a compelling drill target on the company's West Pogo property in Alaska's Goodpaster Mining District. The company completed 13 kilometers (eight miles) of controlled-source audio-frequency magnetotellurics (CSAMT) geophysical surveys at West Pogo. This is the same geophysical technique used to identify buried structures that commonly host gold veins on the No...
New Age Metals Inc. Oct. 8 reported that the 2019 Genesis exploration program has significantly expanded the platinum group element-nickel-copper exploration targets on this project in Southcentral Alaska. "We are pleased to announce that this summer's exploration efforts have doubled the strike length of prospective mineralization at our road accessible Genesis PGE-nickel-copper project in Alaska," said New Age Metals Chairman and CEO Harry Barr. Situated along the...
Novagold Resources Inc. Oct. 1 reported that field work will continue throughout the winter months at the 39-million-ounce Donlin Gold project in Southwest Alaska. This field program, which got underway in the spring, includes site investigation to collect additional geotechnical information needed for the requisite state permits for the dams to be built when a mine is developed at Donlin. "This program consists of geotechnical drilling (core and direct push) and field...
Millrock Resources Inc. Oct. 1 said it is investing the C$1.58 million it recently raised to position the company and its properties for expected improving markets for gold-focused exploration companies. "The moves Millrock has made over the past three months has positioned the company well for what appears to be a coming bull market in precious metals," said Millrock Resources President and CEO Greg Beischer. "We have developed an enviable gold project portfolio that is...
Nova Minerals Ltd. Sept. 30 said it is gearing up for a planned 25,000-meter drill program at its Estelle gold property in Alaska. The Australia-based explorer, which submitted applications for the permits needed to carry out the exploration and establish a permanent camp at Estelle, plans to have drills turning on the gold property in January. "We are currently in planning and permitting stage on the Estelle gold project and will be drilling as soon as permits are in," said...
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...
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...
