The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 701 - 725 of 845
Northern Star Resources Ltd. Jan. 23 reported that it produced 59,219 ounces of gold at Pogo during the Australian company's first three months of ownership of the underground Alaska mine. Since taking over the operations of Pogo at the end of September, Northern Star has focused on ramping up mill throughput. The Perth-based miner said it is already recording strong productivity gains at the mine, with a 22 percent increase in mined tonnages and a 33 percent rise in mill thro...
Contango ORE Inc. Jan. 23 announced that the Peak Gold mine project near the crossroads town of Tok in Eastern Interior Alaska is officially up for sale. The Peak Gold project is owned by a joint venture between Contango ORE (60 percent) and a subsidiary of Royal Gold Inc. (40 percent). Royal Gold, which manages the work under the joint venture, has retained Scotia Capital Inc. to conduct a joint process for the sale of the Peak Gold properties in Alaska. Given the high gold...
NANA Jan. 19 announced the hiring of two key executives heading into the new year – Sarah Lukin now serves as senior vice president and chief administration officer at NANA Regional Corp., and Kevin Aubertin joins NANA's Commercial Group as the president of Tuuq Drilling. Lukin, who officially began her tenure at NANA on Jan. 7, will provide strategic leadership in a broad range of functions, including leading external and government affairs, corporate communications, c...
Freegold Ventures Ltd. Jan. 16 reported that two holes drilled in 2018 cut wide widths of copper-gold-silver-tungsten mineralization at the company's Shorty Creek project about 75 miles (120 kilometers) northwest of Fairbanks, Alaska. These holes – SC 18-01 and SC 18-02 – targeted a magnetic high within Hill 1835, the most explored porphyry target so far at Shorty Creek. Freegold discovered significant porphyry copper-gold mineralization at Shorty Creek during an inaugural dri...
Coeur Mining Inc. Jan. 14 reported that its Kensington Mine produced 113,778 ounces of gold in 2018, falling short of the 115,000 to 120,000 oz the company anticipated from the Southeast Alaska operation. Coeur said lower-than-expected grades throughout the first nine months of the year was the primary reason Kensington fell short of the company's gold production guidance. During the fourth quarter, the Kensington Mine produced 35,335 oz of gold, 32 percent more gold than was...
Hecla Mining Company Jan. 15 reported that its Greens Creek Mine in Southeast Alaska produced 8 million ounces of silver and 51,493 oz of gold in 2018, compared to 8.4 million oz silver and 50,855 million oz of gold in 2017. The roughly 5 percent drop in silver production at Greens Creek is due to anticipated lower grades. The mill operated at an average of 2,316 tons per day in 2018. This marks the second straight year of record throughput for the Greens Creek mill. This...
Grande Portage Resources Ltd. Jan. 8 announced the discovery of a new gold zone directly beneath a drill pad used to target the high-grade gold veins at the company's Herbert Gold project a few miles north of Juneau, Alaska. This drill pad, M18, was constructed in an area of low topographic expression and was situated on overburden consisting of talus mixed with glacial outwash and alluvium. There was no outcropping bedrock near the drill pad so the discovery of near-surface...
Alaska Department of Natural Resources Dec. 28 posted a notice that it has extended the Pebble Limited Partnership's existing miscellaneous land use permit by 90 days, to March 31. This extension will allow the company to continue care, maintenance and reclamation of exploration activities on the Pebble copper-gold-molybdenum property in Southwest Alaska while DNR Division of Mining, Land & Water reviews the application for a 2019 miscellaneous land use permit. Pebble...
White Rock Minerals Ltd. Dec. 27 reported that Sandfire Resources NL has exercised its option to enter into a joint venture agreement with White Rock on the zinc-rich Red Mountain volcanogenic massive sulfide project in Interior Alaska. In July, White Rock entered into a strategic relationship with Sandfire, a mid-tier Australian mining company that operates the high-grade DeGrussa copper-gold mine in Western Australia. To formalize this strategic relationship between the two...
Grande Portage Resources Ltd. Jan. 3 reported that drilling has cut gold in the North Vein, which marks the fifth subparallel gold structure confirmed with drilling on the company's Herbert Gold project a few miles north of Juneau, Alaska. "We are pleased to have identified another subparallel mineralized structure bringing the total to five structures with attendant splays, spanning approximately one kilometers east-west," said Grande Portage Resources President Ian Klassen....
Northern Dynasty Minerals Ltd. Dec. 28 completed the second tranche of a C$8.4 million (US$6.3 million) financing that will primarily be used to pay a legal fee connected to the successful 2017 settlement of a suit the company brought against the U.S. Environmental Protection Agency. The settlement, reached early in 2017, opened the door for the enormous Pebble copper-gold-molybdenum project in Southwest Alaska to enter the permitting process unencumbered by predetermined...
The American Exploration & Mining Association Dec. 19 announced that it honored Novagold Resources Inc. with the AEMA Platinum Award for Corporate Excellence at the association's 124th Annual Meeting in Spokane, Washington. The award was bestowed to Novagold for its part in designing the Donlin Gold project to incorporate a strong culture of safety, environmental stewardship, and community engagement with the potential to generate meaningful benefits throughout Alaska for...
Constantine Metal Resources Ltd. Dec. 18 published a maiden mineral resource estimate for the AG Zone at the company's Palmer copper-zinc-lead-silver-gold project in Southeast Alaska. Since discovering AG Zone in 2017, Constantine has focused much of its drilling on this new resource area about 3,000 meters southwest of South Wall-RW, the primary volcanogenic massive sulfide deposit outlined so far at Palmer. This work has outlined a deposit that has increased the overall...
Trilogy Metals Inc. Dec. 13 said results from the final five holes drilled this year at Bornite continue to show the potential to expand the high-grade underground resource at this world-class copper-cobalt project in the Ambler Mining District of Northwest Alaska, including toward the open-pit deposit to the south. "The latest drilling results confirm the extent and continuity of the copper and cobalt mineralized system at the Bornite Project, and continue to demonstrate...
Ucore Rare Metals Inc. Dec. 11 reported that two of its major shareholders, Orca Holdings LLC and Concept Capital Management Ltd., were again participants in its latest private placement, which raised C$500,000, significantly higher than the C$350,000 originally announced in November. At the close of the financing, Ucore issued 3,333,333 units priced at C15 cents each. Each unit consists of one share and half a purchase warrant that gives the holder the right to purchase...
Grande Portage Resources Ltd. Nov. 27 reported another high-grade gold intercept for this year's drilling at the Goat Vein on the company's Herbert Gold project in Southeast Alaska. Hole 18M-12, drilled from the north side of the Goat Vein, intersected the main structure at a depth of roughly 230 meters. The main Goat Vein structure at this depth is 9.9 meters wide, including a 6.37-meter interval (4.97 meters true-width) just above the footwall that averaged 24.39 grams per...
Ucore Rare Metals Inc. Nov. 6 said it has begun consultation with officials from the Ketchikan Gateway Borough, the Southeast Alaska municipality where Ucore plans to build its Strategic Metals Complex, a facility that will produce individual rare earth elements and other strategic metals from non-Chinese sources. Rare earth elements are more abundant than their name suggests. The 17 elements commonly included in this group – 15 lanthanide elements on the periodic table, p...
The state of Alaska Nov. 8 filed a lawsuit against the United States Bureau of Land Management, asserting ownership of the submerged lands beneath the Middle Fork and North Fork of the Fortymile River. This lawsuit comes on the heels of other successful efforts to confirm the state's ownership of navigable waterways across Alaska. "Unlike many other areas in the U.S., Alaska's waterways are very much still used as highways," said Alaska Attorney General Jahna Lindemuth. "It's...
Alaska Gov. Bill Walker Nov. 27 approved the release of funds to complete the Environmental Impact Statement (EIS) process for the Ambler Mining District Access Project, a proposed 211-mile industrial access road that would link one of the richest known undeveloped mineral regions on Earth to Alaska's highway system. "The Ambler Mining District provides an immense opportunity for economic development in northern Alaska and moving through the EIS process is an important step to...
PolarX Ltd. Nov. 19 said strong assay results from soil and rock‐chip sampling demonstrate the potential for a significant gold‐copper discovery at the Mars prospect on its Alaska Range project. The Mars prospect is located at the northwest end of a 7.5-mile- (12 kilometers) long structural corridor that extends through the Zackly Skarn deposit and onto the Zackly SE porphyry prospect on the east end. Infill soil and rock chip sampling carried out this year has confirmed a 2...
Trilogy Metals Inc. Nov. 19 reported additional copper-cobalt results from drilling beyond the deposit at Bornite, a 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 pounds) copper; and 141.9 million metric tons of inferred resources averaging 1.74 percent (5.45 billion...
White Rock Minerals Nov. 21 announced that it has staked 524 state of Alaska mining claims around Red Mountain, more than tripling the Australian company's land position at this high-grade zinc-silver-lead-gold-copper volcanogenic massive sulfide project on the north slopes of the Alaska Range. This expansion follows White Rock's first year of exploration where drilling confirmed the high-grade zinc-silver-lead-gold-copper mineralization at two historical deposits at Red...
PolarX Ltd. Nov. 12 reported strong copper-gold results from another hole drilled in an area about 850 meters east of the Zackly skarn deposit that is emerging as a potential open pit mine on the Australian company's Alaska Range project. This hole, ZX‐18021, cut 20.2 meters averaging 0.3 percent copper, 1.1 grams per metric ton gold and 5.3 g/t silver. While not the highest grade or thickest intercept encountered this year, its proximity to holes that meet that criteria a...
Kinross Gold Corp. Nov. 7 reported lower gold production and higher costs at its Fort Knox Mine due to lower ore grades and the minor pit wall slide that occurred at this Interior Alaska operation in March and above average rainfall which affected geotechnical stability during the third quarter. Fort Knox produced 51,984 ounces of gold during the third quarter of 2018, a roughly 49 percent decrease from the 101,047 oz recovered during the same period last year. The per-ounce c...
Decade Resources Ltd. Nov. 6 announced it has staked 19 claims covering the Crest high-grade gold prospect near the town of Hyder in Southeast Alaska. Situated just across the border from British Columbia's Golden Triangle region, these claims are adjacent to Ascot Resources' Premier gold-silver mine property on the Canadian side of the border. Decade's newly staked claims cover the historic Crest property that is described in a 1929 United States Geological Survey bulletin,...
