The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 176 - 200 of 242
Osisko Metals Inc. Oct. 21 announced the results of the first 26 holes from the company's fall drill program at the Pine Point zinc project in Northwest Territories. Cominco Ltd. (now Teck Resources) mined zinc-lead ore from a series of 50 surface and underground deposits along a 60-kilometer (37 miles) corridor at Pine Point from 1964 to 1988. Over the past couple of years, Osisko drilled 1,031 holes in and around historical resource areas along two parallel trends at Pine...
Fortune Minerals Ltd. Oct. 3 reported that current cobalt markets do not support the idea of developing a larger mine at its Nico cobalt-gold-bismuth-copper project in Northwest Territories. A feasibility study published in 2014 considered a 4,650-metric-ton-per-day operation at Nico that would produce an average of 1,615 metric tons of battery-grade cobalt; 41,300 ounces of gold; 1,750 metric tons of bismuth; and 265 metric tons of copper annually. Fortune was studying the...
TerraX Minerals Inc. Sept. 9 reported that the latest batch of drill results has extended the Sam Otto South zone to 1,200 meters. The larger Sam Otto zone on the company's Yellowknife City Gold Project has now been outlined over 2,500 meters of strike and the corridor extends 2,500 meters further south. Highlights from six holes drilled at Sam Otto South include: • seven meters of 2.93 grams per metric ton gold, within 40 meters of 0.6 g/t gold in hole TSO19-043; • nine met...
Evrim Resources Corp. Sept. 5 said its 2019 drilling and sampling continues to affirm the gold potential along a 10-kilometer (six miles) structural corridor at its Astro project in the Northwest Territories. Astro is the results of an alliance between Evrim and Newmont Goldcorp to explore for world-class carbonate-style gold deposits across a 23,250-square-kilometer (8,975 square miles) prospective land package that parallels the NWT-Yukon border. This reconnaissance level...
Osisko Metals Inc. Aug. 27 announced the start of a 5,000-meter fall drill program targeting expansion areas at its Pine Point zinc-lead project in the Northwest Territories. Cominco Ltd. (now Teck Resources) mined zinc-lead ore from a series of 50 surface and underground deposits along a 60-kilometer (37 miles) corridor at Pine Point from 1964 to 1988. Over the past couple of years, Osisko drilled 1,031 holes in and around historical resource areas along two parallel trends...
Fortune Minerals Ltd. July 18 reported the discovery of a new zone of copper mineralization at its NICO cobalt-gold-bismuth-copper project in Northwest Territories. This new zone, which is about 1,600 meters southeast of the NICO deposit, was identified in bedrock exposed in a pit excavated last spring to provide aggregate for road work. It also sits along the edge of previously identified coincident magnetic, gravity and electrical resistivity geophysical anomalies at Peanut...
TerraX Minerals Inc. July 8 announced the start of a 3,500-meter initial phase of drilling at its Yellowknife City Gold project targeting a potential 3,500-meter southern extension of the Sam Otto deposit. Located on the Northbelt property, one of three major properties that make up the 783-square-kilometer (302 square miles) Yellowknife City Gold project, Sam Otto is a prospective bulk tonnage where past exploration has outlined 2,500 meters of continuous gold...
Mountain Province Diamonds Inc. July 11 announced the discovery of a new kimberlite roughly 200 meters east of the planned open pit mining area for the Tuzo kimberlite on the Gahcho Kué Mine property in Northwest Territories. Named after Alice Evelyn Wilson (1881-1964), who is officially recognized as Canada's first female geologist, Wilson is the first kimberlite discovered on Mountain Province (49 percent) and De Beers Canada's (51 percent) Gahcho Kué joint venture p...
Auryn Resources Inc. June 4 said it has identified two new gold-silver targets at Homestake Ridge, a high-grade gold property about 20 miles (32 kilometers) southeast of Stewart, British Columbia. The new targets are roughly 6 miles (10 kilometers) northeast and 2.2 miles (3.5 kilometers) south of the three main deposits at Homestake Ridge – Homestake, Homestake Silver and South Reef. Combined, these deposits host 604,000 metric tons of indicated resource averaging 6.4 g...
Nighthawk Gold Corp. May 28 reported it cut record high-grade gold in a hole at Colomac, the flagship project on the company's Indin Lake gold property in Northwest Territories. The company kicked off its 2019 drill program at Indin Lake in March and recently completed 16 holes to test specific high-grade targets within the 3,000- by 9,000-meters Colomac Main sill. This drilling spanned zones 1.5, 2.0, 2.5, and 3.0 with all holes intercepting gold mineralization. Hole C19-08 c...
Osisko Metals Inc. May 22 reported the final batch of results from the 1,031 holes completed at Pine Point since the company began its initial drill campaign at the Northwest Territories zinc project early last year. Cominco Ltd. (now Teck Resources) mined zinc-lead ore from a series of 50 surface and underground deposits along a 60-kilometer (37 miles) corridor at Pine Point from 1964 to 1988. Osisko has identified four zones along this corridor – East Mill, Central and W...
Osisko Metals Inc. May 8 said that recent tests show that ore sorting shows the potential to reduce the costs to transport and process ore at a future mine at its Pine Point zinc project in Northwest Territories. Ore sorting, which identifies and rejects unmineralized rock prior to feeding ore into a mill, is gaining popularity as a means to improve ore grades and reduce processing costs at mines. Osisko sent 800 kilograms (0.8 metric tons) of mineralized samples from Pine Poi...
Osisko Metals Inc. May 1 reported assay results for an additional 100 holes drilled into X-65, a resource area within the North Zone of the Pine Point zinc project about 42 kilometers (26 miles) east of Hay River, Northwest Territories. Cominco Ltd. (now Teck Resources) mined zinc-lead ore from a series of 50 surface and underground deposits along a 60-kilometer (37 miles) corridor at Pine Point from 1964 to 1988. Osisko has identified four zones along this corridor – East M...
Osisko Metals Inc. April 24 said the latest round of results from its extensive drill program at Pine Point show the potential for continuous high-grade zinc mineralization between historically mined pits on the property. The Pine Point property, located roughly 42 kilometers (26 miles) east of Hay River, is the site of a historical mine operated by Cominco (now Teck Resources) from 1964 to 1988. During that time, Cominco mined zinc-lead ore from a series of 50 surface and...
Fortune Minerals Ltd. April 23 reported it has entered into an option to purchase an undisclosed alternative site to construct the proposed refinery that would process metal concentrates from the company's planned Nico cobalt-gold-bismuth-copper mine in Northwest Territories. In March, Fortune reported that the Rural Municipality of Corman Park near the town of Langham, Saskatchewan had rejected the company's application for rezoning required to construct and operate the facil...
Mountain Province Diamonds Inc. April 11 reported an increase in the tonnage and grade of the diamond resource at the Faraday 2 kimberlite on the company's Kennady North project in Northwest Territories. Located adjacent to the Gahcho Kué diamond mine property, which is owned by a joint venture between Mountain Province Diamonds (49 percent) and De Beers Canada (51 percent), Kennady North is a diamond exploration property that hosts three kimberlites with delineated resources...
Sixty North Gold Mining Ltd. April 2 said initial results from a helicopter-borne geophysical survey have identified several priority drill targets at the company's Mon silver-gold-lead-zinc property in Northwest Territories. Located about 45 kilometers (28 miles) north of Yellowknife, Mon is primarily known for the small high-grade gold deposit discovered by Cominco Ltd. geologists in the 1930s. David Webb, a geologist and director of Sixty North, optioned the Mon property...
Osisko Metals Inc. April 4 reported results from an additional 34 drill holes drilled in the East Mill zone at the Pine Point zinc project in Northwest Territories. 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 ore from a series of 50 surface and underground deposits along a 60-kilometer (37 miles) trend. In all, Cominco...
Nighthawk Gold Corp. April 3 announced it has launched the 2019 exploration program at its Indin Lake gold property in Northwest Territories. The company plans to invest roughly C$10 million this year on a program the will include at least 25,000 meters of drilling, as well as mapping and prospecting across the 899-square-kilometer (347 miles) Indin Lake property. This program has begun with three drills turning at Colomac, a gold project centrally located on the property....
Fortune Minerals Ltd. March 26 reported that the Rural Municipality of Corman Park near the town of Langham, Saskatchewan has rejected the company's application for rezoning required to construct and operate a facility to process metal concentrates from the company's planned NICO cobalt-gold-bismuth-copper mine in the Northwest Territories. Fortune acquired 478 acres of Corman Park lands for this refinery after consulting with the Saskatchewan Ministry of Economy and the...
TerraX Minerals Inc. March 18 reported that relogging and sampling of core from historical drilling at the Giant gold mine has confirmed that the same structure mined at Giant extends at least 4,000 meters north onto TerraX' Yellowknife City Gold Project (YCGP). "Results from historical core assays have led to a pivotal moment in TerraX' advancement toward a potentially significant gold discovery," said TerraX Minerals President and CEO David Suda. The Giant and Con mines, loc...
Mountain Province Diamonds Inc. Feb. 27 announced that it has begun a winter exploration program targeting new kimberlite prospects at Kennady North, a diamond property that borders the Gahcho Kué diamond mine property owned by Mountain Province (49 percent) and DeBeers Canada (51 percent). Mountain Province gained full ownership of this property with the acquisition of Kennady Diamonds Inc. in 2018. Prior to the buyout, Kennady Diamonds had identified a series of...
Fortune Minerals Ltd. Feb. 14 reported that the Government of the Northwest Territories has signed an agreement with North Star Infrastructure GP to construct the Tlicho All-Season Road. Following an existing winter route, the 97-kilometer (60 miles) Tlicho Road will extend from Highway 3 to Whati, a Northwest Territories community about 50 kilometers (30 miles) south of Fortune's proposed Nico cobalt-gold-bismuth-copper mine. As part of its proposed development, Fortune...
Fortune Minerals Jan. 30 announced that it has entered into a socioeconomic agreement with the Northwest Territories government for the proposed Nico cobalt-gold-bismuth-copper project about 160 kilometers (100 miles) northwest of Yellowknife. Signed at the Association for Mineral Exploration Roundup in Vancouver, British Columbia, the agreement formalizes objectives to maximize northern and indigenous employment, training, business opportunities, and education to benefit resi...
Osisko Metals Inc. Jan. 30 reported additional near surface zinc intercepts from the 2018 drill program at the company's Pine Point project in Northwest Territories. 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 ore from a series of 50 surface and underground deposits along a 60-kilometer (37 miles) trend. In all, Cominco...
