The mining newspaper for Alaska and Canada's North
Sorted by date Results 26 - 50 of 237
Signals successful Nighthawk, Moneta merger. STLLR Gold Inc. Feb. 12 opened trading on the Toronto Stock Exchange, signaling the successful merger between former Nighthawk Gold Corp. and Moneta Gold Inc. Attended by former president and CEO of Nighthawk, Keyvan Salehi, who now sits as president and CEO of STLLR, the new management team at STLLR, and Omar Khafagy, manager of corporate access at TSX, the company celebrated its recent merger with the successful opening of a...
Company reports no significant damages to materials, plans to construct temporary camp before initiating bulk sample and mill construction. Sixty North Gold Mining Ltd. March 7 announced an update on the company's current situation after its camp was damaged due to the wildfires that spread throughout 163,000 hectares (402,781 acres) of Northwest Territories' occupied regions and outlying countryside. Located about 40 kilometers (25 miles) north of Yellowknife, Sixty North is...
Hopes to maintain share price to invest in Quebec copper project. Osisko Metals Inc. Feb. 22 announced the sale of an additional 5% interest in the Pine Point zinc mine project in Northwest Territories to its joint venture partner Appian Capital Advisory LLP, hoping the funds will enable the company to advance its Gaspé Copper project in Quebec without further diluting its stock. "The sale of the additional five percent interest in Pine Point to Appian will allow the company...
Results from first 2024 hole included in latest assays from drilling at Yellowknife Lithium project. Li-FT Power Ltd. Feb. 27 reported the next batch of assays from its 2023 drill program at the company's Yellowknife Lithium project; while this included results from last year's drilling, it also includes one hole drilled from its ongoing winter program. Acquiring its various properties in the underexplored Yellowknife Pegmatite Province (YPP) in January 2023, Li-FT began its...
Results impress with high-grade lithium at Nite. Li-FT Power Ltd. Feb. 13 announced the next eight holes from its Yellowknife Lithium Project in Northwest Territories, Canada, bringing the total reported to 182 out of the 198 drilled last year. Despite kicking off its 2024 season before receiving remaining assays from 2023, the volume of data already received from last year's expansive drill campaign gave the company a clear enough picture to get a head start in another...
Vital Metal Ltd. Feb. 7 reported that results from its 2023 drill program at Nechalacho continue to show the potential to upgrade and expand upon shallow, high-grade rare earth element mineralization within the Tardiff deposit on the project about 110 kilometers (70 miles) southeast of Yellowknife, Northwest Territories. In 2021, the Australia-based company began mining high-grade ore from the North T deposit, which was upgraded in preparation for shipping to Saskatchewan for...
Li-FT Power Ltd. Jan. 30 and Feb. 6 announced two more batches of assays from its 2023 drilling at the Yellowknife Lithium Project in Northwest Territories, Canada, with both continuing to highlight the strong consistency of its hard rock lithium deposits. While awaiting the results from an additional 24 holes from last year's 198-hole drill campaign, Li-FT has set drills turning once more, starting its 2024 winter program Jan. 29, aiming for 18,600 meters in 100 holes,...
Nighthawk Gold Corp. Jan. 29 announced that its merger with Moneta Gold Inc. is on track for completion on Feb. 6. First announced in late November, the merger would result in a stronger gold exploration company with two Canadian projects in the near development stage, Nighthawk's Colomac gold project on the Indin Lake property in Northwest Territories and Moneta's Tower gold project in Ontario. A preliminary economic assessment prepared for Nighthawk last April outlines plans...
Li-FT Power Ltd. Jan. 29 announced the start of its 2024 winter drilling program, aiming for 18,600 meters in 100 holes to expand six pegmatites on the company's Yellowknife Lithium project in Northwest Territories, Canada. "We are excited to have the drills turning again for the winter program at our Yellowknife Lithium Project," said Li-FT Power CEO Francis MacDonald. "This winter's program will focus on resource expansion, stepping outwards from spodumene mineralization...
Mountain Province Diamonds Inc. Jan. 23 reported its production and sales results for the fourth quarter and full year 2023 from its Gahcho Kué diamond mine in Northwest Territories, Canada, underscoring the slow recovery of the diamond sector in the aftermath of the COVID-19 pandemic. Located about 280 kilometers (175 miles) northeast of Northwest Territories' capital city, Yellowknife, Gahcho Kué is a diamond mine owned and operated by a joint venture between De Beers C...
Osisko Metals Inc. Jan. 16 announced the remaining results from its 2023 drill program at its Pine Point zinc-lead project under its Pine Point Limited joint venture in Northwest Territories-results the company expects to incorporate into a new mineral resource estimate sometime in the first quarter. Early last year, London-based Appian Capital Advisory LLP agreed to invest as much as C$100 million (US$74 million) to earn up to a 60% JV interest in the newly formed Pine Point...
Li-FT Power Ltd. Jan. 23 announced the next set of assays from drilling at the company's Yellowknife Lithium project in Northwest Territories, Canada, which includes another batch from the Nite deposit, along with Fi Main, BIG West, and Ki targets. Last week, the company released results that came from the Fi Main, BIG West, and Nite complexes, however, intercepts from Fi Main shifted the direction of what Li-FT will most likely be targeting in its upcoming season. "The...
Vital Metal Ltd. Jan. 24 provided an update on its exploration and development strategy for the Nechalacho rare earths project in Northwest Territories. The Australia-based company began mining rare earths from a small, high-grade deposit at Nechalacho in 2021. However, technical and financial difficulties led Vital to rethink its previous strategy to establish a relatively small mine at Nechalacho and rare earths processing plant in Saskatchewan. Upon completion of a...
Li-FT Power Ltd. Jan. 9 announced the results from the first holes from the Nite pegmatite, the furthest western target from its Road Access Group of properties that include its Fi, BIG, KI, and Shorty prospects on the company's Yellowknife Lithium project in Northwest Territories, Canada. Going into 2024, Li-FT continues its regularly scheduled programming, reporting assays as they roll in from its 34,238-meter drill program that resulted in 198 holes. The latest comes from...
Li-FT Power Ltd. Dec. 19 announced impressive intercepts from drilling the BIG East and Echo pegmatites on the company's Yellowknife Lithium project east of Northwest Territories' capital. Last week saw the first results from the Echo target about 50 kilometers (30 miles) to the west, and this week is no different. With the bulk of the highlights revealing that while its primary focus on the Road Accessible Group of targets has continued to return consistent grades, its...
Li-FT Power Ltd. Dec. 5 announced the next batch of assays from its massive 2023 drill program, keeping up with the consistent lithium grades at the re-emerging Yellowknife Pegmatite Province in Northwest Territories. Acquiring its various properties in the historically forgotten Yellowknife Pegmatite Province in January, Li-FT began its first season with a 34,238-meter drill program just a few months after its inception. Assembling a 141,572-hectare (349,832 acres) land...
Li-FT Power Ltd. Dec. 12 announced the first assays from drilling at the "Further Afield Group" of pegmatite targets returned lithium grades very much in line with the values encountered at its primary "road-access" group of Yellowknife Lithium project claims some 50 kilometers (30 miles) to the west. The company's 141,572-hectare (349,832 acres) is an assemblage of claim blocks that cover some of the most prospective lithium targets found within the Yellowknife Pegmatite...
Fortune Minerals Ltd. Dec. 5 announced that it has received federal and provincial funding for Nico, a vertically integrated cobalt-gold-bismuth-copper project that is slated to include a mine in Northwest Territories and a hydrometallurgical refinery in Alberta. Lying about 150 road-kilometers (95 miles) north of the Canadian rail system at Hay River, Northwest Territories, Nico is a near-development stage mine project that includes an intriguing mix of critical and precious...
North Arrow Minerals Inc. Dec. 4 announced highly encouraging assays from its sampling programs at the MacKay and LDG lithium projects in Northwest Territories that validate the company's decision to branch into energy metal exploration. Located within the Lac de Gras kimberlite field, home to the world-class Ekati and Diavik diamond mines, the LDG lithium project resides near the easternmost portion of a diamond exploration property just south of Diavik. Just 10 kilometers (6...
Vital Metals Ltd. Nov. 21 reported that high-grade rare earths encountered with this year's drilling at Tardiff confirms the higher-grade expansion potential of this larger deposit on the company's Nechalacho project in Northwest Territories. The Australia-based company gained notoriety in 2021 with the start of operations at Nechalacho, marking the first and only rare earths mine in Canada. High-grade ore mined from the North T deposit at the project was upgraded with an ore...
Li-FT Power Ltd. Nov. 28 announced the next batch of assays from its 34,238-meter drill program that produced nearly 200 holes during 2023. Gradually making progress each week on the immense quantity of drill core, the latest results come from the next five holes drill at four pegmatite targets on the company's Yellowknife Lithium project in Northwest Territories, Canada. Similar to past results, the latest batch comes from five holes drilled at the Ki, Shorty, and BIG East...
Li-FT Power Ltd. Nov. 21 announced the latest batch of assays from its 2023 exploration program, as well as the end of the year's 34,238-meter drill program at its Yellowknife Lithium project in Northwest Territories. Including this latest batch of assays, Li-FT has reported results from 87 out of 198 holes drilled at Yellowknife this year. Much like past results, the latest round comes from five holes drilled at the Ki, Shorty, and BIG East pegmatites. Of these, one returned...
Osisko Metals Inc. Nov. 13 announced the latest drilling results from the recently established Pine Point Mining Limited joint venture project in Northwest Territories, Canada. Located just south of the Great Slave Lake, Pine Point is home to a former mine operated by Teck Resources Ltd. that produced roughly 14 billion pounds of zinc and 4 billion lb of lead from around 64 million metric tons of ore during a 24-year span beginning in 1964. According to the most recent...
Li-FT Power Ltd. Nov. 7 announced another batch of assays completed from the BIG East, Shorty, Ki, and Fi Southwest pegmatites found within the Yellowknife Pegmatite Province in Northwest Territories, signaling the consistency of this critical mineral found in this long-overlooked region. With a massive 45,000-meter program targeted for the year, the company has reported results for 77 diamond drill holes totaling 13,570 meters, which is only about 39% of the 198 holes...
Nighthawk Gold Corp. Oct. 23 announced its inaugural environmental, social, and governance report for the company's flagship Colomac Gold project in Northwest Territories, Canada, representing the growing trend of mineral explorers highlighting ESG efforts that will add value to projects that hope to be developed into clean and sustainable mines. Lying at the heart of its 930-square-kilometer (359 square miles) Indin Lake property, the Colomac project is home to a...