Stories from November, 2024
Stories from November, 2024
Dowa agrees to hand over SE Alaska project and pays American Pacific $10 million for guarantee on 50% of zinc concentrates from future mine. American Pacific Mining Corp. has entered into an agreement with Dowa Metals & Mining Alaska Ltd. to acquire 100% ownership of the Palmer copper-zinc-gold-silver project in Southeast Alaska. American Pacific gained a roughly 45% joint venture in Palmer through the 2022 acquisition of Constantine Metal Resources Ltd., which was advancing...
Lists on the TSX Venture Exchange with flagship Red Mountain VMS project. Backed by big names in mineral exploration investment, Silver47 Exploration Corp. has emerged on the Alaska scene with a mission to significantly expand upon the 168.6 million ounces of silver-equivalent outlined so far at Red Mountain, a polymetallic volcanogenic massive sulfide project about 60 miles (100 kilometers) south of Fairbanks. "The objective of the company is to rapidly grow its resource...
High-grade ore from Manh Choh elevates gold output at Interior Alaska mine above 149,000 oz during Q3. Kinross Gold Corp. Nov. 6 reported that its Fort Knox Mine in Alaska produced 149,093 ounces of gold during the third quarter of 2024, which is more than double the 69,914 oz produced during the previous three-month period and the 71,611 oz produced during the third quarter of 2024. This significant jump in production at the iconic mine about 20 miles north of Fairbanks,...
Partnership outlines plans for sustainable development and regional growth at Pine Point. In a move set to reshape the economic landscape of the Hub of the North, Pine Point Mining Limited (PPML) and the Town of Hay River have signed a memorandum of understanding to advance the revival of the historic Pine Point zinc-lead project, establishing a framework for sustainable development and local opportunity in the Northwest Territories. Located along the southern shore of Great...
Cuts 2.5 meters of 1,938.5 g/t silver-equivalent within 24.5-meter intercept during inaugural drilling at Alaska VMS project. Silver47 Exploration Corp. Nov. 18 reported that the first assays back from its inaugural drill program at Red Mountain include a 2.48-meter intercept averaging 61.4% zinc-equivalent, which combines the value of the silver, gold, zinc, lead, and copper cut in this hole testing the Dry Creek deposit on the volcanogenic massive sulfide project about 60...
Exploration and sampling confirm a second high-grade antimony vein outcropping from the Estelle project. Nova Minerals Ltd. Nov. 20 reported that its crews collected samples containing as much as 54.1% antimony lying on the surface at the Styx prospect on the company's 198-square-mile (514 square kilometers) gold-critical minerals property about 100 miles (160 kilometers) northwest of Anchorage, Alaska. "Field crews visited the Styx prospect this year to follow-up on the...
