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 242
Mountain Province Diamonds Inc. Jan. 31 announced that a 60.59-carat, fancy vivid yellow rough diamond recovered at the Gahcho Kué Mine in Northwest Territories will be included in a February diamond sale. Reid Mackie, vice president, diamond marketing, Mountain Province Diamonds said "the discovery of this diamond demonstrates our ability to produce very large, high quality, fancy colored diamonds. We are thrilled to be able to include it in our upcoming sale and present...
Avalon Advanced Materials Inc. Jan. 30 reported that Cheetah Resources Pty Ltd., a private company based in Australia, will participate in the development of the Nechalacho rare earth elements project at Thor Lake, roughly 100 kilometers (60 miles) southeast of Yellowknife, Northwest Territories. In 2013, Avalon published a feasibility study for a mine at Nechalacho that is calculated to produce 9,286 metric tons of rare earths, 19,763 metric tons of zirconium, 2,231 metric...
TerraX Minerals Inc. Jan. 14 announced that, in cooperation with The Geological Survey of the Northwest Territories and The Giant Mine Remediation Project, it was able to recover 16,000 meters of core from historical drilling on Northbelt, one of the properties that make up the company's Yellowknife City Gold Project. In a preliminary review of the core, TerraX geologists have identified visible gold and are currently logging and splitting the favorable sections of core for...
TerraX Minerals Inc. Jan. 8 said it plans to focus its 2019 drilling on four gold targets within the core area of Northbelt, one of three major properties that make up the 783-square-kilometer (302 square miles) Yellowknife City Gold Project (YCGP). Blanketing the same geological trend that hosts the historic Con and Giant mines, which produced a combined 14.2 million ounces of gold, the three properties that make up the YCGP – Northbelt, Southbelt and Eastbelt – cover a reg...
Nighthawk Gold Corp. Jan. 10 reported that drilling has extended gold mineralization at Damoti Lake, a high-grade gold deposit on the company's Indin Lake property in Northwest Territories. A resource calculated for Anaconda Gold Corp. in 2005 outlined 40,600 metric tons of measured and indicated resource at Damoti Lake averaging 26.17 g/t gold; plus 17,800 metric tons of inferred resource averaging 16.38 g/t gold. This deposit lies 28 kilometers (17 miles) south of the...
Nighthawk Gold Corp. Dec. 20 provided an update on Tlicho all-season road, a new two-lane gravel highway that will bring year-round ground transportation roughly 90 kilometers (62 miles) closer to the company's Indin Lake gold property in Northwest Territories. The Tlicho Road will follow an existing winter road some 97 kilometers (60 miles) miles north from Highway 3 to the community of Whati. In late October, federal and territorial ministers approved the Mackenzie Valley...
Dominion Diamond Mines Dec. 13 said the largest known gem quality diamond ever found in North America was unearthed at Diavik, a mine in Northwest Territories owned 40 percent by Dominion and 60 percent by Rio Tinto. Weighing in at 552 carats, this yellow diamond is nearly triple the size of the next largest diamond recovered in North America, a 187.7 gem found at the same mine known as the Diavik Foxfire. The astonishing gemstone was uncovered while passing through the...
Osisko Metals Inc. Dec. 6 reported its Pine Point project in Northwest Territories hosts 3.9 billion pounds of zinc and 1.6 billion lb of lead in 38.4 million metric tons of inferred resource averaging 4.58 percent zinc and 1.85 percent lead, or 6.58 percent zinc-equivalent. Located about 42 kilometers (26 miles) east of Hay River, Pine Point is the site of a historical mine operated by Cominco (now Teck Resources) from 1964 to 1988. During that time, Cominco mined zinc-lead...
Mountain Province Diamonds Inc. Nov. 27 forecast that the Gahcho Kué Mine in Northwest Territories will produce between 6.6 million and 6.9 million carats of diamonds in 2019 and the company expects the diamond output from this operation to remain steady through 2021. Owned by Mountain Province (49 percent) and De Beers Canada (51 percent), the Gahcho Kué Mine began commercial production in 2017. Through the first nine months of 2018, the Gahcho Kué Mine produced 5.4 mi...
Nighthawk Gold Corp. Oct. 22 reported wide widths of strong gold mineralization from drilling recently completed at Treasure Island, a target at the north end of the company's Indin Lake gold property in Northwest Territories. Located 11 kilometers (seven miles) north of Nighthawk's Colomac gold project, Treasure Island lies along the eastern end of a seven-kilometer- (four miles) long underexplored corridor that hosts several high-priority gold showings, including JPK and...
Mountain Province Diamonds Inc. Oct. 23 reported that the Gahcho Kué Mine in Northwest Territories recovered 1.82 million carats of diamonds during the third quarter. Owned by Mountain Province (49 percent) and De Beers Canada (51 percent), the Gahcho Kué Mine began commercial production in 2017. During the quarter ended Sept. 30, Gahcho Kué processed 759,000 metric tons of material averaging 2.4 carats per metric ton during the quarter. This is 8 percent less than the same pe...
Rio Tinto and Dominion Diamond Mines Oct. 1 revealed three of the finest large rough diamonds recovered from their Diavik Mine in Northwest Territories. Collectively known as The Diavik Stars of the Arctic, these rough diamonds showcase a rare combination of size, quality and color from the Diavik diamond mine. The Diavik Stars of the Arctic will headline Rio Tinto's forthcoming "Specials" Tender, which showcases rough diamonds greater than 10.8 carats. Taking their...
Fortune Minerals Ltd. Sept. 17 reported successful results from metallurgical test work aimed at verifying an upgraded and essentially arsenic-free cobalt concentrate can be produced from the Nico cobalt-gold-bismuth-copper project in Northwest Territories. Over the past two decades, Fortune has advanced Nico from an in-house mineral discovery to a development stage project that includes a planned mine and concentrator in the Northwest Territories and refinery in...
Osisko Metals Inc. Aug. 23 reported results from 18 holes completed in the Central Zone of its Pine Point zinc project in Northwest Territories. Highlights from this batch of results include 6.75 meters of 14.67 percent zinc and 1.94 percent lead in hole M6263-18-PP-014; and 15 meters of 6.34 percent zinc and 1.27 percent lead in M6263-18-PP-013. "The Central Zone drilling continues to confirm the extensive, near surface mineralization that potentially could be mined by open p...
Strategic Metals Ltd. Aug. 20 reported that it is granting Vanadium North Resources Inc. the option to purchase in the Van project in western Northwest Territories. Located about 10 road-kilometers (six miles) north of the past producing Cantung tungsten mine, the 38-square-kilometer (14.7 square miles) Van property hosts a major sediment-hosted vanadium prospect that has not seen focused exploration since 1985. Currently, vanadium is primarily used as an alloy metal. In this...
TerraX Minerals Inc. July 25 said its summer field program has extended gold zones on its Yellowknife City Gold project in Northwest Territories. This 771.6-square-kilometer project is divided into three claim blocks – Northbelt, which extends north of Yellowknife, Southbelt, which lies south of the NWT capital city, and Eastbelt, a newly acquired land package immediately to the east. Earlier in July, the company reported assay results from channel sampling around the past p...
Osisko Metals Inc. July 24 announced plans to step up the pace of its already aggressive drill program at the Pine Point zinc project in Northwest Territories. "It's our intention to keep moving this project forward aggressively in order to capitalize on the current favorable zinc market fundamentals," said Osisko Metals President and CEO Jeff Hussey. Located about 42 kilometers (26 miles) east of Hay River, Pine Point is the site of a historical mine operated by Cominco (now...
Fortune Minerals Ltd. July 11 is pleased to provide an update on the progress of environmental work and rezoning efforts needed to support construction of the Nico cobalt-gold-bismuth-copper project in Canada, which could begin as early as next year. Over the past two decades, Fortune has invested more than C$115 million advancing Nico from an in-house discovery to a development stage project that includes a planned mine and concentrator in the Northwest Territories and...
Mountain Province Diamonds Inc. June 28 reported US$30.3 million in proceeds from its latest sale of diamonds from the Gahcho Kué Mine. This is the fifth sale of 2018 and the Toronto-based company has brought in US$137.4 million so far this year from selling its share of the diamonds from the Northwest Territories operation. Owned by Mountain Province (49 percent) and De Beers Canada (51 percent), the Gahcho Kué Mine began commercial production in 2017. Through the end of May,...
Nighthawk Gold Corp. July 5 reported that drilling has tapped new zones of gold mineralization at the Leta Arm project on the company's Indin Lake property in Northwest Territories. Situated about 16 kilometers (10 miles) southwest of Colomac, the four deposits and showings being drilled this year at Leta Arm – Diversified, Number 3, Lexindin and North Inca – could provide gold-rich satellite ore to a mine developed at Nighthawk's primary gold project on the Indin Lake pro...
Nighthawk Gold Corp. June 26 reported high-grade gold intercepts from recent drilling at North Inca, one of four gold deposits within the Leta Arm gold project on the Indin Lake property in Northwest Territories. "Leta Arm is one of our principal projects, and a prime example of the type of emergent opportunity that exists in this juvenile gold camp. Given the camp's underexplored nature, we believe that many other prospects of similar magnitude remain to be discovered," said...
Osisko Metals Inc. June 19 reported results from the remaining holes drilled during the winter drill program at Pine Point and announced the start of a 570-hole summer program at this zinc-lead deposit in Northwest Territories. The historic Pine Point Mine involved a series of 50 surface and underground deposits along a 60-kilometer (37 miles) trend. In all, Cominco discovered roughly 90 such deposits on the property. The roughly 700-hole drill program slated for this year is...
Osisko Metals Inc. May 29 reported additional high-grade zinc and lead results from its 2018 winter drill program along the East Mill Zone trend of its Pine Point project in Northwest Territories. The 11 holes reported were drilled in the area of K-35, one of several deposits mined by Cominco Ltd. from 1964 to 1987. The historic Pine Point Mine involved a series of 50 surface and underground deposits along a 60-kilometer (37 miles) trend. In all, Cominco discovered roughly 90...
Nighthawk Gold Corp. May 22 said preliminary metallurgical testing on material from the Colomac gold project on its Indin Lake property in Northwest Territories returned favorable recoveries for all process options. "Although at the early stages of metallurgical test-work, the results to-date describe Colomac rock as exceptional in terms of grind characteristics, gold recoveries, purity, and responsiveness to all standard gold recovery technologies," said Nighthawk President...
Osisko Metals Inc. May 15 said drilling has encountered zinc mineralization between the L-35 and L-36 deposit areas on its Pine Point project in Northwest Territories. Discovered by prospectors during the Klondike Gold Rush, Pine Point is the site of a mine near the community of Hay River that Cominco Ltd. operated from 1964 to 1987. Costing $133 million to develop, a mega-project for its time, the Historic Pine Point Mine included a railroad, hydro-electric dam and a town...
