The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 726 - 750 of 845
Ucore Rare Metals Inc. Nov. 7 said it plans to exercise its option to purchase IBC Advanced Technologies Inc., the Utah-based company that developed the molecular recognition technology used to separate rare earth elements from a solution derived from Ucore's Bokan Mountain project in Southeast Alaska. This technology, also known as MRT, was proven to efficiently pull out individual high-purity rare earths with a pilot plant known as SuperLig-One and is being implemented into...
PolarX Ltd. Nov. 5 said a high‐resolution aeromagnetic geophysical survey flown this fall over most of the Stellar property, part of the Australian explorer's Alaska Range project, clearly shows the signature of a significant copper‐gold porphyry target at the Zackly SE prospect. Collecting magnetic data on 50-meter line spacing at an average height of 33 meters above the ground, the helicopter-flown survey provided details of a 7.5-mile (12 kilometers) long structural cor...
Freegold Ventures Ltd. Oct. 30 provided an update on its exploration activities at its Shorty Creek and Golden Summit projects. This fall, Freegold completed a modest two-hole drill program at Shorty Creek, a copper-gold porphyry target located alongside the Elliott Highway about 75 miles northwest of Fairbanks. Freegold discovered significant copper-gold mineralization at Shorty Creek during an inaugural drill program carried out there in 2015. One hole drilled that year, SC...
Usibelli Coal Mine Inc. Oct. 26 announced that it has acquired the Tri-Valley subdivision in Healy, Alaska from Alaska Railroad Corp., a major step in the coal mining company's goal to make these lots available for private ownership. "What many people outside Healy may not know, is that there isn't much land in the area available for private ownership. The community's primary residential subdivision is actually built on Alaska Railroad Corporation land. Residents own their...
Constantine Metal Resources Ltd. Oct. 30 said drilling at AG Zone continues to trace a thick lens of precious and base metals-rich massive barite-sulfide with potential to add substantial tonnage to the total mineral resource base for the Palmer project in Southeast Alaska. Expansion of the AG Zone, discovered 3,000 meters southwest of the main Palmer (South Wall-RW) deposit in 2017, was a primary goal of the 10,364-meter drill program carried out at Palmer this summer. Highli...
Grande Portage Resources Ltd. Oct. 29 said drilling has tapped high-grade gold in the Goat vein on the Herbert Gold project in Southeast Alaska. Earlier this year, Grande Portage reported very high-grade gold results from two channel samples cut across an outcropping section of Goat Vein. One of these sample returned 129.02 g/t (3.76 oz/t) gold and 68 g/t silver over 1.12 meters; and the second returned 290 g/t (8.46 oz/t) gold and 224 g/t silver over 1.02 meters. Hole DDH18M-...
Alaska Division of Geological & Geophysical Surveys Oct. 30 published major-oxide and trace-element geochemical data from rocks collected from the Northeast Tanacross project in 2018. From June 19 through July 15, 2018, geologists from the Alaska Division of Geological & Geophysical Surveys (DGGS) carried out a geologic mapping and geochemical sampling project in the Northeast Tanacross map area – Tanacross D-1 and parts of C-1 and D-2 quadrangles – adjacent to the For...
Grande Portage Resources Ltd. Oct. 22 reported results from the first two holes of a 15-hole drill program out at the company's Herbert Gold project in Southeast Alaska. These initial holes of the 2018 season targeted the central Deep Trench, the southernmost of three major veins drilled so far at Herbert. Hole 18S-1 cut 2.81 meters (2.47 meters true-width) averaging 15.76 grams per metric ton gold and 8.7 g/t silver. Hole 18S-2 cut 9.08 meters (4.81 meters true-width) averagi...
Hecla Mining Company Oct. 23 reported that its Greens Creek Mine in Southeast Alaska produced 1.88 million ounces of silver during the third quarter of 2018, down 20 percent from the 2.34 million oz produced during the same period last year. The Juneau area mine also produced 11,559 oz of gold during the quarter ending Sept. 30, down 7 percent from Q3 2017. The Idaho-based mining company attributes the slight drop in precious metals production at Greens Creek to lower ore...
Grande Portage Resources Ltd. Oct. 15 said recent metallurgical testing shows excellent gold recoveries from samples of the mineralized veins at the company's Herbert Gold project in Southeast Alaska. Samples collected from two different veins at Herbert Gold – Deep Trench and Goat – returned higher than 97 percent gold recoveries using either gravity-floatation or whole-ore cyanidation gold extraction techniques. One sample taken from a 1.12-meter channel cut per...
Endurance Gold Corp. Oct. 16 reported that a grab sample from the Trout target on the company's Elephant Mountain project in Interior Alaska contained 23 grams per metric ton gold. This sample was collected during the company's 2018 exploration program that included rock sampling, trenching, soil sampling and geological mapping primarily at Trout, a target drained by two placer gold bearing streams in the area. Prior sampling at Trout has defined a gold-in-soil anomaly over...
Grande Portage Resources Ltd. Oct. 10 said channel sampling of a recently exposed section of quartz vein supports the company's belief that Goat Vein could be another prolific, high-grade gold structure on the company's Herbert Gold property in Southeast Alaska. Herbert Gold hosts 1.1 million metric tons of indicated resource averaging 7.25 grams per metric ton (267,950 ounces) gold; and 423,200 metric tons of inferred resource averaging 6.04 g/t (82,200 oz) gold, according to...
Trilogy Metals Inc. Oct. 9 reported high-grade copper and cobalt assay results from four holes drilled outside of the resource area at the Bornite project, part of the company's Upper Kobuk Mineral Projects in the Ambler Mining District of Northwest Alaska. According to a 2016 calculation, the open-pit deposit at Bornite contains 40.5 million metric tons of indicated resource averaging 1.02 percent (913 million lb) copper; and 84.1 million metric tons of inferred resource...
An 18-year-old man was fatally attacked by a female brown bear with two cubs while working at a remote drill site on Hecla Mining Company's Greens Creek silver mine property in Southeast Alaska. The mauling victim, identified as Anthony Montoya from Hollis, Oklahoma, works for Timberline Drilling, an Idaho-based company that carries out surface drilling at Greens Creek. "I want to express our condolences to the families, colleagues and friends of the individual at this...
Novagold Resources Inc. Oct. 2 reported that it is well-funded to see the Donlin Gold project in Southwest Alaska to a construction decision but provided very few clues as to when to expect this decision on developing a mine at one of the world's largest gold deposits. Novagold owns a 50 percent interest in the 39-million-ounce Donlin Gold project, Barrick Gold Corp. owns the other half. The Donlin Gold partners now have the key federal permits needed to develop the mine and...
Avidian Gold Corp. Oct. 1 reported that this year's drilling has tapped strong gold mineralization that confirm the expansion potential of the Breccia Pipe deposit on the company's Golden Zone property about 200 miles (320 kilometers) north of Anchorage, Alaska. The Breccia Pipe deposit hosts 4.19 metric tons of indicated resource averaging 1.99 grams per metric ton (267,400 ounces) gold and 10.38 g/t (1.4 million oz) silver; plus 1.35 million metric tons of inferred resource...
Northern Star Resources Ltd. Oct. 1 announced that it has closed the deal to buy the Pogo gold mine in Interior Alaska. The mid-tier Australian gold producer paid US$260 million to buy this high-grade underground operation from a joint venture between Japanese firms Sumitomo Metal Mining Company (85 percent) and Sumitomo Corp. (15 percent). "On behalf of Northern Star, I would like to thank Sumitomo for their assistance and the outstanding condition in which they have left the...
Ucore Rare Metals Inc. Sept. 24 reported it has entered into an agreement to acquire the property to build its Strategic Metals Complex, or SMC, a rare earth element and strategic metals refinery and separation plant to be built near the Southeast Alaska port town of Ketchikan. The SMC being planned for the six acres Ucore is acquiring north of Ketchikan will utilize IBC Advanced Technologies' molecular recognition technology, commonly known as MRT, to separate rare earths...
PolarX Ltd. Sept. 25 said drilling is beginning to outline a thick zone of shallow, high-grade gold-copper-silver mineralization about 850 meters east of the Zackly skarn deposit that show the potential for open-pit mining on the Australian explorer's Alaska Range project. First tapped by ZX-18020 – a hole reported earlier this year that cut 54.6 meters averaging 2.8 grams per metric ton gold, 9.4 g/t silver and 0.6 percent copper from a depth of 2.5 meters – this thick new...
White Rock Minerals Ltd. Sept. 24 said the latest batch of results from drilling shows significant expansions to the Dry Creek zinc-lead-silver-gold deposit at its Red Mountain project in Alaska. Located about 60 miles south of Fairbanks, the Red Mountain property hosts two established volcanogenic massive sulfide deposits – Dry Creek and West Tundra Flats – and 30 exploration targets. An Australian Joint Ore Reserves Committee- (JORC) compliant calculation completed last yea...
PolarX Ltd. Sept. 20 announced that it has encountered deeper high-grade gold-copper-silver mineralization east of the Zackly skarn deposit on the Australian explorer's Alaska Range Project. In March, PolarX reported an Australian Joint Ore Reserves Committee- (JORC) compliant inferred resource for Zackly of 3.4 million metric tons of inferred resource grading 1.2 percent (90.4 million pounds) copper, 2 grams per metric ton (213,000 oz) gold and 14 g/t (1.5 million oz)...
White Rock Minerals Ltd. Sept. 20 announced the conclusion of its exciting inaugural exploration program at the zinc-rich Red Mountain volcanogenic massive sulfide project about 60 miles south of Fairbanks, Alaska. The 4,111 meters of drilling and regional exploration carried out this year expanded the two historical and high-grade VMS deposits already identified on the property and made similar new discoveries that demonstrate the district-scale potential of Red Mountain....
Avidian Gold Corp. Sept. 10 reported the discovery of a new gold showing on its Golden Zone project about 200 miles (320 kilometers) north of Anchorage, Alaska. The Golden Zone property hosts numerous gold targets along a 15,000-meter-long trend. Breccia Pipe, the most advanced of these, is a deposit with 4.19 metric tons of indicated resource averaging 1.99 grams per metric ton (267,400 ounces) gold and 10.38 g/t (1.4 million oz) silver. JJ Zone, the new discovery, is about...
Western Alaska Copper & Gold Company Sept. 11 reported that it completed 4,232 meters of drilling at Round Top, which is more than double the drilling completed last year at this porphyry copper-silver-molybdenum project in the Illinois Creek Mining District of western Alaska. With the goal of expanding known mineralization at Round Top, the 2018 program focused on: further testing of the mainstage porphyry mineralization discovered in RT-19, a 2017 hole that cut 166 meters...
Northern Star Resources Ltd. Sept. 3 raised AU$175 million to help fund its acquisition of the Pogo gold mine in Alaska. In a deal announced on Aug. 30, the Australia-based miner has agreed to pay US$260 million to buy out Sumitomo Metal Mining Pogo, a joint venture between Japanese firms Sumitomo Metal Mining Company (85 percent) and Sumitomo Corp. (15 percent) that owns and operates the mine. Pogo currently has roughly 4.1 million ounces of gold in resources and reserves,...
