The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 201 - 225 of 844
Freegold Ventures Ltd. Feb. 23 reported an enormous upgrade to the quality and quantity of the mineral resources at Golden Summit, a now world-class gold project on the northern border of Kinross Gold Corp.'s Fort Knox Mine property in Alaska. Over the previous three years, Freegold has carried out more than 83,000 meters of systematic resource expansion and upgrade drilling at Golden Summit. With the bulk of the assays from the 2022 season in hand, the company had a new...
Trilogy Metals Inc. Feb. 14 reports that while rising costs and challenging supply chains have weighed on the economics of building and operating a mine at Arctic, an updated feasibility study shows that an open-pit copper-zinc-lead-silver-gold mine at this Northwest Alaska project continues to produce healthy financial returns. Arctic is a high-grade volcanogenic massive sulfide deposit that is part of the district-scale Upper Kobuk Mineral Projects being advanced by Ambler...
Western Alaska Minerals Corp. Jan. 17 reported another hole with bonanza-grade silver-zinc-lead mineralization from its 2022 drill program at the Waterpump Creek carbonate replacement deposit on the company's Illinois Creek property about 300 miles west of Fairbanks, Alaska. Drilled at the southern end of the more than 400 meters of high-grade mineralization that has been traced with drilling so far at Waterpump Creek, hole WPC22-21 cut 5.1 meters of massive sulfides...
Graphite One Inc. Feb. 7 reported assay results from a 2,150-meter 2022 drill program aimed at upgrading and expanding the Graphite Creek resource, including one hole that cut strong graphite mineralization 1.3 miles (2.1 kilometers) west of the nearest hole at this western Alaska project. Considered by the U.S. Geological Survey to be the largest known graphite deposit in the U.S., Graphite Creek hosts 32.5 million metric tons of measured and indicated resources averaging 5.2...
Contango ORE Inc. Feb. 6 reported that development of the Manh Choh gold mine in Alaska remains on track to begin commercial production in the second half of next year and an updated and expanded resource for the high-grade Lucky Shot gold project is slated for completion in March. "We look forward to continuing to update shareholders and investors on our progress in developing Alaska's next gold mines," said Contango ORE President and CEO Rick Van Nieuwenhuyse. The first...
Blackwolf Copper and Gold Ltd. Feb. 16 announced, after more than a decade, an updated mineral resource estimate for its Niblack property in Southeast Alaska. "Our updated mineral resource estimation includes subsequent rounds of drilling as compared to the previous 2011 mineral resource estimate as well as cost parameter guidance from current underground operations, in accordance with the new CIM (Canadian Institute of Mining, Metallurgy and Petroleum) guidelines," said...
Blackwolf Copper and Gold Ltd. Jan. 17 announced it has received its surface sample assay results from the company's 2022 reconnaissance exploration program at its various Hyder area properties, a region that resides on the Alaska side of the famed Golden Triangle. Initially exploring its flagship historic Niblack copper-gold-silver-zinc project located on the southern end of Prince of Wales Island in Southeast Alaska, Blackwolf expanded its holdings by staking and optioning...
Trilogy Metals Inc. Jan. 25 reported that consistent high-grade intercepts from its 2022 infill drill program at Arctic confirm the continuity of high-grade copper-zinc-lead-gold-silver mineralization within this volcanogenic massive sulfide deposit within the famed Ambler Mining District in Northwest Alaska. "As expected, the 2022 infill drill program continues to yield high grades of copper, zinc and precious metals, demonstrating the continuity of the high-grade zones of...
Grande Portage Resources Ltd. Jan. 27 announced the first drill results of the 2022 drill program at the company's Herbert Gold property in Southeast Alaska. Located 25 kilometers (16 miles) north of Juneau, the Herbert Gold project is an exploration stage, high-grade, gold-mineralized mesothermal quartz vein system in the historic Juneau Gold Belt of Southeast Alaska. According to a 2021 calculation, Herbert Gold hosts 3.64 million metric tons of indicated resource averaging...
Northern Star Resources Ltd. Jan. 19 reported a rebound in gold production and a drop in per-ounce production costs at its Pogo Mine in Alaska. During the fourth quarter of the calendar year 2022, Pogo produced 58,661 oz of gold from 316,996 metric tons of ore averaging 6.6 grams per metric tons gold. While the mill throughput during the final three months of 2022 was down slightly from the 319,433 metric tons processed during the third quarter, gold grades were roughly 8% hig...
Freegold Ventures Ltd. Jan. 23 reported yet another long drill intercept of strong gold mineralization with a bonanza-grade subsection at Golden Summit, a highway-accessible exploration project about 20 miles north of Fairbanks, Alaska. According to a 2016 calculation, the Dolphin deposit at Golden Summit hosts 61.5 million metric tons of indicated resource averaging 0.69 grams per metric ton (1.36 million oz) gold; and 71.5 million metric tons of inferred resource averaging...
Nova Minerals Ltd. Jan. 15 announced the discovery of a large high-grade gold system within the emerging RPM Mining Complex at the southern end of the company's Estelle property in Alaska. Located about 100 miles (160 kilometers) northwest of Anchorage, Alaska's largest city, the 125-square-mile (324 square kilometers) Estelle property hosts two deposits – Korbel and RPM – with a combined 9.6 million ounces of gold and multiple prospects and targets across an 18-mile- (29 kil...
Contango ORE Inc. Dec. 23 announced that it has raised US$5.6 million through a private placement to help fund the company's 30% interest in the development costs at Manh Choh until it can arrange a larger financing package for advancing the 1-million-ounce gold mine project to production. This financing involved the issuance of 283,500 shares at US$20.00 each, plus warrants that allow the purchasers to acquire additional shares at $25.00 each. "This equity capital raise will...
Northern Star Resources Ltd. Dec. 21 acquired a 10% interest in mineral exploration company PolarX Ltd. Both Australia-based companies have interests in Alaska – Northern Star owns and operates the high-grade Pogo gold mine, and PolarX is exploring the district-scale Alaska Range copper-gold-silver project about 100 miles (165 kilometers) southwest of Pogo. For Northern Star, Pogo Mine is the company's first operation outside of Australia. The major gold producer with a m...
Optimum Ventures Ltd. Dec. 14 announced that it has acquired the Salmon gold property in the Hyder Mining District of Southeast Alaska. A TSX Venture Exchange-listed junior, Optimum has been exploring gold-silver projects near Hyder, Alaska, and just across the border in British Columbia's Golden Triangle since 2021. In November, Optimum announced that it had entered into an agreement to acquire all the shares of 1309762 B.C. Ltd., a private company that owns the Salmon...
Grande Portage Resources Ltd. Dec. 13 announced very positive results of environmental testing at the company's Herbert Gold project a few miles north of Juneau, Alaska. Done as part of the permitting process, acid base accounting is conducted to test the acid-generating potential of the rocks around any potential mine site, in this case, the Herbert Gold deposit in Southeast Alaska. Testing was performed by Geochemical Solutions LLC of Colorado, which analyzed a total of eigh...
Resolution Minerals Ltd. Dec. 12 reported encouraging gold mineralization was encountered during its first pass of drilling at the Tourmaline Ridge target on the West Pogo block of the 64North gold project in Alaska. Tourmaline Ridge, which lies about 5,000 meters southwest of the main orebody at Northern Star Resources Ltd.'s Pogo gold mine, was identified as a high-priority drill target after a thorough re-interpretation of the geological and structural models for the area....
Nova Minerals Ltd. Dec. 21 said its resource expansion drilling at RPM is building a strong case for this high-grade gold deposit to be a second smaller mining center on the company's Estelle project in Alaska. Located about 100 miles (160 kilometers) northwest of Anchorage, Alaska's largest city, the 125-square-mile (324 square kilometers) Estelle property hosts two deposits with a combined 9.6 million ounces of gold and multiple prospects and targets across an 18-mile- (29...
Western Alaska Minerals Corp. Dec. 7 reported that assays confirm that drill hole WPC22-22 cut three horizons of high-grade silver-zinc lead mineralization at the Waterpump Creek carbonate replacement deposit on the company's Illinois Creek property about 300 miles west of Fairbanks, Alaska. "The overall grades in this hole are outstanding with some exceptional intervals with silver grades up to 39 oz/ton in one of the internal zones," said Western Alaska Minerals CEO Kit...
HighGold Mining Inc. Dec. 8 reported that the final batch of assay results from its 2022 drilling of the Ellis Zone discovery provides further evidence of the potential for multiple high-grade gold deposits on its Johnson Tract gold project in Southcentral Alaska. JT Deposit at Johnson Tract hosts 3.49 million metric tons of indicated resource averaging 5.33 grams per metric ton (598,000 ounces) gold, 6 g/t (673,000 oz) silver, 5.21% (400.8 million pounds) zinc, 0.59% (43.1...
Tectonic Metals Inc. Dec. 5 announced that it completed a field program in preparation for 2023 drilling at Flat, an intrusion-hosted, bulk tonnage gold project in the Kuskokwim Mineral Belt of Southwest Alaska. Located about 25 miles (40 kilometers) north of the world-class Donlin Gold project, Flat is a 92,160-acre property Tectonic leased from Doyon Ltd. that covers the likely lode source of two creeks – Flat and Otter – that are estimated to have produced more than 830...
HighGold Mining Inc. Nov. 29 reported that one hole drilled this year at JT cut 120.5 meters averaging 18.76 grams per metric ton gold, the best intercept ever encountered at the namesake deposit on the company's Johnson Tract project in Southcentral Alaska. According to a calculation completed earlier this year, JT deposit hosts 3.49 million metric tons of indicated resource averaging 5.33 g/t (598,000 ounces) gold, 6 g/t (673,000 oz) silver, 5.21% (400.8 million pounds)...
Trilogy Metals Inc. Nov. 29 reported that the first assays from the 2022 program at the Upper Kobuk Mineral Projects are from infill holes that cut multiple zones of high-grade copper, zinc, lead, gold, and silver mineralization that has come to be expected within the Arctic deposit. The 10,738-meter drill program at UKMP this year included 8,376 meters of drilling at Arctic, the most ever drilled into this world-class volcanogenic massive sulfide deposit during a single seaso...
Freegold Ventures Ltd. Dec. 7 reported additional impressive gold intercepts that will contribute to the company's goal of expanding and upgrading the mineral resource for Golden Summit when a new calculation is completed for this road-accessible gold project north of Fairbanks, Alaska, early next year. According to a 2016 estimate, the Dolphin deposit at Golden Summit hosts 61.5 million metric tons of indicated resource averaging 0.69 grams per metric ton (1.36 million...
BLM anticipates publishing second draft EIS before mid-2023 and final record of decision by end of the year. Trilogy Metals Inc. Nov. 23 reported that the U.S. Bureau of Land Management expects to reach a final decision on the Ambler Access Project – a proposed 211-mile road that would connect the Upper Kobuk Mineral Projects to Alaska's highway system – by the end of 2023. This industrial access road would provide an economical means of delivering mineral concentrates con...
