The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 276 - 300 of 845
Blackwolf Copper and Gold Ltd. May 11 reported an update for the 2022 exploration on its Southeast Alaska projects, including a multi-phased exploration campaign at Niblack, a maiden drill program at Cantoo, and continued reconnaissance of the Texas Creek and Casey properties. "Blackwolf is looking forward to a year with numerous catalysts including discovery-focused exploration at our flagship, Niblack copper-gold-silver-zinc VMS deposit, and an upcoming, updated mineral reso...
Nova Minerals Ltd. May 15 announced that it has begun an up to 50,000-meter drill program slated for this year at its Estelle gold property in Alaska. With the drills focused on expanding and upgrading both the Korbel and RPM deposits for inclusion in the phase-two scoping study to be completed later this year and a prefeasibility study in 2023, Nova says this year's program is the most important for the company so far. "This is another transformational year for Nova and we...
Graphite One Inc. June 1 named mining veteran Mike Schaffner as senior vice president, mining of its Alaska subsidiary, Graphite One (Alaska) Inc., effective July 1. "I'm excited to join the Graphite One team as the company moves into its next phase of development," Schaffner said. "I've been involved at every stage in the development process, from design to start-up, into operation and closure. I'm ready to help the team realize G1's tremendous potential of becoming...
Trilogy Metals Inc. April 20 reported that high-grade copper and zinc, reinforced with strong gold and silver, was cut in all the final nine holes from the 2021 drill program at the Arctic mine project in Northwest Alaska. Arctic is the most advanced deposit on the Upper Kobuk Mineral Projects, a 448,217-acre mineral-rich land package being advanced by Ambler Metals LLC, a joint venture company equally owned by Trilogy Metals and South32 Ltd. Arctic is a volcanogenic massive...
The Alaska Industrial Development and Export Authority May 25 announced that it has submitted an application with the U.S. Army Corps of Engineers for the 404 permit to build the proposed West Susitna Access Road, which would extend into resource-rich areas west of Cook Inlet in Southcentral Alaska. "Today marks the beginning of the process to evaluate an access route to unlock opportunities in the fastest-growing region of the state," said AIDEA Executive Director Alan...
Kinross Gold Corp. May 10 reported that its Fort Knox Mine in Alaska produced 54,803 ounces of gold during the first quarter of 2022, which is nearly a 26% drop from the 73,830 oz produced during the previous quarter but only a 2% drop from the 55,815 oz produced during the first quarter of 2021. A drop in gold production during the first quarter at Fort Knox is an annual event that results from the often-subzero temperatures during the coldest winter days affecting gold recov...
Western Alaska Minerals Corp. May 5 announced that is has raised C$5 million (US$3.9 million) to fund its 2022 exploration program at the Illinois Creek project in Alaska, which is slated to get underway later this month. The more than 49,000-acre Illinois Creek Mining District property is home to the past-producing Illinois Creek Mine; Waterpump, a zinc- and silver-rich carbonate replacement deposit lies about four miles northeast of the Illinois Creek open pit; Honker, a...
Blackwolf Copper and Gold Ltd. May 25 announced that it has staked the Mineral Hill gold-silver project, the fourth claim group the company has acquired on the Alaskan side of the Golden Triangle. Located northwest of the towns of Stewart, British Columbia, and Hyder, Alaska, the property is contiguous with the company's high-grade Cantoo vein, which the company acquired late last year, and Ascot Resources' Premier Gold project across the international boundary to the east....
Felix Gold Ltd. May 25 announced that it has leased 6,203 acres of gold prospective properties in the Fairbanks Mining District from the Alaska Mental Health Trust Land Office. Lying between Felix' Northeast Fairbanks and Treasure Creek claim packages, this newly leased MHT group of claims lies within 400 meters of the mill at Kinross Gold Corp.'s Fort Knox Mine and roughly 200 meters from the Dolphin deposit on Freegold Ventures Ltd.'s Golden Summit project. Felix says the...
Freegold Ventures Ltd. May 18 reported more wide sections of strong gold mineralization and even wider sections of bulk tonnage gold mineralization were encountered in the latest batch of holes from the 2021 drilling at the Dolphin deposit on the company's Golden Summit project about 20 miles north of Fairbanks, Alaska. During 2021, Freegold completed more than 38,000 meters of resource expansion around the Dolphin deposit, as well as the adjacent Cleary Hill Vein System,...
Discovery Alaska Ltd. May 23 reported that its initial scanning with a handheld analyzer identified lithium across the entire length of core from 12 historical holes drilled at the Coal Creek prospect on the company's Chulitna property in Alaska. Situated about four miles west of the Parks Highway, roughly midway between Anchorage and Fairbanks, Alaska, Chulitna is a roughly 77-square-mile property that covers the Partin Creek gold-silver-copper prospect and the Coal Creek...
Millrock Resources Inc. May 11 reported that Resolution Minerals Ltd. plans to complete roughly 2,200 meters of drilling in five holes at Tourmaline Ridge, a prospect on the 64North project that lies about 4,000 meters southwest of the 1.1-million-ounce Goodpaster deposit on Northern Star Resources Ltd.'s Pogo property. Under a deal signed at the end of 2019, Resolution has the option to earn up to a 60% joint venture interest in 64North, a roughly 160,000-acre land package...
Usibelli Coal Mine May 14 announced the passing of Joseph Usibelli, Sr., an Alaska mining pioneer in the truest sense. Born on Dec. 28, 1938, in Suntrana, a historic Alaska mining town about 3.5 miles east of the community of Healy, Joe Sr. spent his entire life involved with Alaska's mining sector. The son of Emil and Rose Usibelli, Joe became president of Usibelli Coal Mine at the age of twenty-five after his father passed away unexpectedly in 1964. During his 23-year...
Grande Portage Resources Ltd. May 3 announced that it has received regulatory approval for the 2022 drill program at its Herbert Gold project located within the Juneau Gold Belt in Southeast Alaska and drilling is expected to begin in June. "We are pleased to have received approvals from the regulatory agencies in Alaska," said Grande Portage President and CEO Ian Klassen. "Our project is a short seven-minute helicopter flight from the international airport and located just...
Northern Dynasty Minerals Ltd. April 28 announced its subsidiary Pebble Limited Partnership is preparing crews and equipment for its 2022 field program at the Pebble project site in Southwest Alaska. While disputes over the initial denial of mine permits by the Army Corp of Engineers in November 2020, then leading to the EPA's decision to reinitiate the process of making a Clean Water Act Section 404(c) determination in September 2021, Northern Dynasty has opted to continue...
Discovery Alaska Ltd. May 4 announced that an airborne geophysical survey is underway at the Partin Creek gold-silver-copper prospect on its Chulitna project in Alaska. Discovery Alaska acquired the Chulitna project early last year through the staking of a roughly 77-square-mile land package that lies about four miles west of the Parks Highway midway between Anchorage and Fairbanks, Alaska. The Australia-based exploration company formerly known as Discovery Africa hired an...
Millrock Resources Inc. May 4 announced that Felix Gold Ltd. has begun drilling on the Treasure Creek gold project north of Fairbanks, Alaska. Early in 2021, Felix entered into an alliance with Millrock on several Interior Alaska gold exploration projects – Treasure Creek and Ester Grant near Fairbanks, plus the Liberty Bell project about 70 miles to the southwest. Earlier this year, Felix completed a A$10 million (U$7.1 million) initial public offering and listed on the A...
Northern Star Resources Ltd. May 3 announced a 20% increase in the gold reserves at its Pogo Mine and a maiden resource for the Goodpaster discovery about 2,000 meters north of the current mining area on its Alaska property. "The 20% increase in ore reserves and the addition of high grade mineral resources at the Goodpaster is exciting. It underpins the substantial growth potential at Pogo," said Jim Coxon, vice president of operations, North America at Northern Star Resources...
Contango ORE Inc. April 9 announced that it has entered into a binding agreement to raise US$20 million through the issuance of debenture, an unsecured loan that can be converted into shares, to fund its commitments at the Manh Choh gold project in eastern Alaska and for exploration and development on its Lucky Shot gold mine properties in the Southcentral region of the state. "With strong fundamentals in the gold market, management is excited to advance our portfolio of...
Coeur Mining Inc. April 28 reported that its first-quarter exploration has made an intriguing new resource expansion discovery at the Silvertip Mine project in Northern British Columbia, and drills have cut high-grade gold at Kensington that shows promise for extending the life of the Southeast Alaska mine. At Silvertip, Coeur is building resources that it can upgrade to reserves ahead of restarting operations at the high-grade silver mine. Going into 2022, Silvertip hosted...
Northern Star Resources Ltd. April 27 reported that while gold production is increasing and costs are coming down at Pogo, the Australian company's Alaska gold mine continues to underperform expectations on both fronts. During the first three months of 2022, Pogo produced 57,489 ounces of gold from 260,508 metric tons of ore averaging 8.2 grams per metric ton gold. This is roughly a 15% increase in gold output from the previous quarter due to a slight increase in both the...
Hecla Mining Company April 12 reported that its Greens Creek Mine produced 2.4 million ounces of silver and 10,299 oz of gold during the first three months of 2022. The Southeast Alaska operation's first-quarter silver output is down nearly 8% from the 2.6 million oz produced during the same period last year but up by about 4% from the previous quarter. Likewise, first-quarter gold production is about 22% lower than the first three months of 2021 but more than 11% higher than...
Constantine Metal Resources Ltd. April 13 announced that US$17.98 million (C$22.7 million) has been budgeted for the 2022 work at Palmer, a zinc-copper-silver-gold-barite project in Southeast Alaska. "This is the single largest Palmer program and budget, and it will set the stage to initiate underground exploration to provide essential technical information to be included in a future feasibility study," said Constantine Metals Resources President and CEO Garfield MacVeigh. Loc...
Western Alaska Minerals Corp. March 29 said a new geological interpretation based on 2021 and historical data suggests that the historical and high-grade Waterpump Creek silver-zinc-lead deposit may be part of a belt of similar carbonate replacement deposits along a 6,000-meter-long corridor that extends to the Central Illinois Creek pit. Expanding Waterpump Creek and testing this belt are expected to be the primary targets of an initial 6,000-meter drill program slated to...
Kenorland Minerals Ltd. April 1 reported that its 2021 drilling at the Healy gold project provides further evidence of a large gold system on the 45,600-acre (18,470 hectares) land package in Alaska's Goodpaster Mining District. "The maiden diamond drill program confirmed the presence of a large-scale gold system at Healy evidenced by broad mineralisation encountered throughout the wide-spaced drilling across multiple target areas," said Kenorland Minerals CEO Zach Flood....
