The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 826 - 845 of 845
Avidian Gold Corp. Jan. 15 said mapping and sampling at its Golden Zone project in Alaska has identified several high-grade gold occurrences and discovered a new mineralized breccia. Located about midway between Anchorage and Fairbanks, the Golden Zone property hosts numerous gold occurrences along an 8,000-meter-long trend. Breccia Pipe, the most advanced of these, is a deposit with 4.19 million metric tons of indicated resource averaging 1.99 grams per metric ton (267,400...
Constantine Metal Resources Ltd. Jan. 6 named Ian Cunningham-Dunlop as the company's vice president of advanced projects, an appointment that signals the transition to advanced stage exploration and evaluation work at the Palmer project in Southeast Alaska. South Wall-RW zone, the most advanced of the high-grade volcanogenic massive sulfide deposits and prospects identified at Palmer, hosts 8.1 million metric tons of inferred resource grading 1.41 percent copper, 5.25 percent...
PolarX Ltd. Feb. 7 reported that screen fire assays from the 2017 drilling of the Zackly deposit at its Alaska Range project have returned roughly 37 percent higher gold grades than the results of the initial conventional fire assays. Screen fire assays, which involve screening a large pulverized sample and analyzing the larger material separate from the material that goes through the 75-micron screen, is the most accurate way to assay material known to contain coarse gold....
TNR Gold Corp. Feb. 2 said it is seeking a major gold mining company to become a joint venture partner on its Shotgun gold project in Alaska. Located about 110 miles of Donlin Gold and about the same distance northeast of Pebble, this property lies at the intersection of two trends known to host big deposits. TNR optioned Shotgun from Novagold Resources Inc. in 2002 and gained full ownership of the property in 2010. The company subsequently granted 10 percent ownership of the...
Coeur Mining Inc. Feb. 6 reported healthy increases to its precious metals reserves and resources thanks to the exploration and acquisition programs it carried out in 2017. "During 2017, we successfully repositioned and strengthened the company on multiple fronts. We upgraded our portfolio and pipeline of assets to reflect a North American focus with the acquisition of the high-grade Silvertip mine in Canada, our announced divestiture of our highest cost mine in Bolivia and...
Novagold Resources Inc. Jan. 25 said the federal permitting process for Donlin Gold is expected to be finalized in the third quarter of this year. In the meantime, the company and its equal partner in the project, Barrick Gold Corp., are completing optimization studies for this 39-million-ounce gold project in western Alaska. "All of us have been motivated not only to make sure we successfully complete the permitting process for Donlin Gold, but to lay a solid foundation from...
PolarX Ltd. Jan. 31 announced that it has staked 34 state mining claims to cover potential extensions of copper mineralization at its Alaska Range project. The roughly 60,000-acre Alaska Range project encompasses the Stellar copper-gold and adjacent Caribou Dome high-grade copper properties. The Senator copper prospect on the Caribou Dome side of the Alaska Range project was discovered through a soil sampling program carried out in 2016. This work outlined a roughly 5,000- by...
Riversgold Ltd. Feb. 1 announced that it has staked 52 state mining claims over the Gemuk Mountain gold prospect in the Kuskokwim Mountains of Southwest Alaska. These newly staked claims are along strike from the newly-formed Australia-based company’s Luna-Quicksilver gold project. Gemuk is near the intersection of the Denali-Farewell Fault, one of the major bounding structures of the Tintina Gold Belt, and North Fork Fault, a district-scale structure. The gold potential was first recognized at Gemuk during a district-wide s...
Alaska Gov. Bill Walker Jan. 26 introduced legislation that would do away with the state's longstanding annual labor requirements to hold state mining claims, replacing the current system with increased rental rates. Under the proposed legislation, introduced to the Alaska Senate as S.B. 166, the new rental rate for prospecting sites would be a one-time fee of $300 for a two-year term. Rentals for mining leases and claims would be charged at a progressive rate based on the...
CopperBank Resources Corp. Jan. 22 said a 3D radar model carried out by Auracle Geospatial Science Inc. has turned up some interesting new targets for the 2018 drill programs at the company's Pyramid and San Diego Bay copper-gold projects on the Alaska Peninsula. Auracle has developed a system that transforms geospatial data captured from satellites, drones, and aircraft into high-resolution visual information about the earth. By combining radar and optical satellite data,...
Freegold Ventures Ltd. Jan. 22 reported that results from its 2017 drill program at Shorty Creek continue to confirm the size potential of this large porphyry copper project in Interior Alaska. Highlights from the latest round of results was a 165-meter intercept in hole 17-05A that averaged 0.60 percent copper-equivalent, which includes the value of the copper, gold, silver and cobalt encountered. This hole was drilled at Hill 1835, a Shorty Creek target where the company...
Trilogy Metals Inc. Jan. 16 reported that large diameter holes drilled at its Arctic deposit – part of the Upper Kobuk Mineral Projects in the Ambler mining district of Northwest Alaska – returned high-grade copper and zinc. The five PQ sized (3.35-inch diameter) holes drilled at Artic in 2017 were designed to collect 2 tons of representative mill-feed material for bulk ore-sorting testing at an independent facility in Kentucky. Ore sorting is a technique that identifies un-...
Trilogy Metals Inc. Jan. 10 said metallurgical test work results shows that a high-quality, 30 percent copper concentrate containing no deleterious metals can be produced from the surface mineable in-pit resource at the Bornite project, part of the company's Upper Kobuk Mineral Projects in the Ambler mining district of Northwest Alaska. The defined in-pit resource encompasses 40.5 million metric tons of indicated resource averaging 1.02 (917 million pounds) copper and 84.1...
Goldrich Mining Company Jan. 8 reported that the Chandalar placer gold mine in northern Alaska is slated to produce roughly 21,000 ounces of gold in 2018. The Chandalar mine is owned by Goldrich NyacAU Placer, a joint venture formed between Goldrich and NyacAU to mine the rich placer gold deposits that occur across Goldrich's 23,000-acre Chandalar property. NyacAU LLC, a mining company with extensive placer gold mining experience, is the mine operator. Since placer gold operations began in 2015, Goldrich NyacAU Placer has...
Coeur Mining Inc. Jan. 8 reported that its Kensington Mine produced 115,094 ounces of gold in 2017, falling short of the 120,000 to 125,000 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 34,932 oz of gold, 27 percent more gold than was...
Hecla Mining Company Jan. 10 reported that its Greens Creek Mine produced 8.4 million ounces of silver and 50,855 oz of gold in 2017. The mill operated at an average of 2,300 tons per day in 2017, a record which is about 15 percent higher than the throughput when Hecla became operator of the underground mine in 2008. Overall, Hecla's four mines – Greens Creek, San Sebastian (Mexico), Casa Berardi (Quebec) and Lucky Friday (Idaho) – produced 12.5 million oz of silver, 232...
Graphite One Resources announced Inc. Dec. 29 that it has appointed noted Alaska placer gold miners Kevin Greenfield and Jerry Birch to its advisory board. Co-owners and senior executives of Taiga Mining Company, Greenfield and Birch each bring nearly three decades of developing, permitting and operating Alaska mining projects to Graphite One. In early December, Taiga Mining participated in a C$707,185 Graphite One financing, becoming a strategic investor in the owner of the Graphite Creek project in western Alaska....
The Pebble Partnership Dec. 22 submitted permit applications for the Pebble Mine project to U.S. Army Corps of Engineers, initiating the project review process under the National Environmental Policy Act. With roughly 56.8 billion pounds copper, 70.4 million ounces gold, 3.4 billion lb molybdenum and 343.6 million oz silver in measured and indicated resource, Pebble hosts both the largest undeveloped copper and undeveloped gold resource on Earth. While a deposit of this size...
Ucore Rare Metals Inc. Dec. 22 said President Donald Trump's executive order to ensure reliable supplies of critical minerals is a fundamental policy shift that is important to the company and its Bokan Mountain rare earth elements project in Southeast Alaska. The executive order signed by Trump on Dec. 20 instructs federal agencies to identify and publish a list of critical minerals, and develop a strategy to reduce the United States' reliance on other countries to supply...
Graphite One Resources Inc. Dec. 21 said a U.S. Geological Survey report on critical minerals of the United States and an executive order to develop a federal critical mineral's strategy highlights the importance of the company's Graphite Creek project in western Alaska. The USGS report lists graphite among the 23 metals and minerals critical to "the national economy and national security of the United States." Additionally, Graphite is one of just four critical minerals on...
