The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Kenorland tests promising gold targets in Goodpaster District North of 60 Mining News – June 4, 2021
A 4,000-meter drill program is now underway at Kenorland Minerals' Healy gold project in Alaska's Goodpaster District.
Kenorland Minerals Ltd. June 3 announced the start of a 4,000-meter drill program at the Healy gold project in Alaska's prolific Goodpaster Mining District.
"We're thrilled to be back in Alaska and kicking off the maiden diamond drill program at Healy," said Kenorland Minerals CEO Zach Flood. "This project represents an excellent opportunity for another completely greenfields gold discovery."
Healy covers numerous untested gold targets across a 45,600-acre (18,470 hectares) land package about 28 miles (45 kilometers) southeast of Northern Star Resources Ltd.'s Pogo gold mine. This early staged gold exploration property was first identified by Newmont Corp. in 2012 as the result of a two-year reconnaissance stream sediment sampling program carried out by the major across a wide swath of eastern Alaska.
Based on three large gold-arsenic-antimony anomalies identified and encouraging results from the backpack drilling by Newmont, a technical report completed for Healy at the end of 2018 recommended using a reverse circulation rig to drill fences of holes across the main zone identified at Healy.
Northway Resources Corp., an arm's length publicly traded company that merged with Kenorland through a reverse takeover, cut a deal with Newmont to earn up to a 70% joint venture interest in Healy by completing at least US$4 million of exploration on the property by the end of 2022.
"The systematic regional exploration work completed by Newmont from 2010 to 2013 initially identified the presence of this significant gold system," said Flood. "When we optioned the ground in 2018, we continued the exploration efforts and have since then refined a number of high priority drill targets within these large-scale gold-in-soil anomalies."
The work carried out by Northway began in 2019 with the completion of initial RC drilling recommended in the Newmont report. This 800 meters of drilling in 10 shallow holes encountered broadly disseminated gold mineralization over a 100-meter-wide structural corridor in the Bronk zone, including 49.4 meters averaging 0.42 grams per metric ton gold from surface.
During the 2020 exploration season, Northway completed detailed soil sampling and geophysical surveys that have identified robust gold-in-soil anomalies associated with structural features and induced polarization anomalies within three primary target areas – Bronk, Thor, and Spike.
The more than 2,000-meter-long Bronk zone is expected to be the target of six of the holes planned for this year. Another three holes are planned for Thor, which lies about 1,600 meters west of Bronk, and one is slated for Spike about 1,200 meters east of Bronk.
Kenorland expects to complete this initial diamond drill program at Healy around the end of July.
In addition to Healy, Kenorland's mineral exploration portfolio includes the Tanacross copper-gold project and Napoleon gold projects in eastern Alaska; and the Frotet, Chebistuan, O'Sullivan, Chicobi, and Hunter gold and polymetallic-gold projects in Quebec.
Over his more than 16 years of covering mining and mineral exploration, Shane has become renowned for his ability to report on the sector in a way that is technically sound enough to inform industry insiders while being easy to understand by a wider audience.
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