Stories from December, 2024
Stories from December, 2024
President-elect vows to maximize Alaska's mining potential; an aligned Congress swings political pendulum in industry's favor. With an incoming president that favors "reshoring" over "friendshoring" the nation's critical mineral supply chains and a Congress positioned to pass permitting reform and other mining-related legislation that has stalled in one chamber or the other for more than a decade, America's mining sector is poised for growth following the outcome of the Nov....
The cutoff of gallium and germanium could send America's GDP plummeting by $3.4 billion; antimony a top concern for the Pentagon. In a move that could deal a multibillion-dollar blow to the American economy and impact the nation's military readiness, China has completely banned the exports of gallium, germanium, antimony, and superhard materials to the United States. Gallium and germanium are essential ingredients for semiconductors used to make computer chips; and antimony...
Kensington gold mine owner commits $100,000 to support UAS diesel and welding programs for high schoolers. Coeur Alaska Inc. has committed to investing $100,000 to cover tuition and fees for local high school students taking diesel and welding courses at the University of Alaska Southeast (UAS) School of Career and Technical Education in Juneau. "We are excited to partner with UAS on this workforce development initiative," said Steve Ball, general manager at Coeur Alaska's...
Confirm a zone of higher-grade mineralization above the large porphyry copper-gold-silver-molybdenum porphyry. Brixton Metals Corp. Dec. 9 reported the discovery of a high-grade gold zone within the large and copper-dominant Camp Creek porphyry on its Thorn project in Northern British Columbia. Located about 55 miles (90 kilometers) northwest of Juneau, Alaska, Thorn is a 2,945-square-kilometer (1,137 square miles) property that is best known for the up to one-mile-long...
Drill taps nine meters of nearly one ounce per ton gold in Bonanza Zone; adjustment for abundant VG slows assay returns. Goliath Resources Ltd. Dec. 12 reported a one-meter intercept averaging 225 grams per metric ton gold and 88.9 g/t silver in the aptly named Bonanza Zone on the company's Golddigger project at that southern tip of British Columbia's Golden Triangle. Drilling completed by Goliath over the previous three seasons outlined three interrelated high-grade gold...
Latest results reveal further potential for resource expansion at Macpass. Fireweed Metals Corp. Dec. 12 announced results from 15 drill holes at Boundary Zone and nine exploration holes at its Macpass Project in Yukon, Canada, with highlights including high-grade zinc, lead, and silver mineralization. Concluding earlier this fall, the 2024 drill program extended beyond the initial 14,000-meter plan, completing more than 17,000 meters across 49 holes. Designed to expand...
Drilling uncovers surprising skarn-like copper-gold, nickel-platinum zones. GT Resources Inc. Dec. 10 announced the final drill results from its 2024 exploration at the Canalask nickel-copper project in Yukon, Canada, reporting the discovery of skarn-like copper-gold mineralization and confirming the potential for more extensive mineralization on the property. Formerly Palladium One Mining Inc., GT Resources underwent a rebranding to better reflect a new focus on metals...
Six drill holes intersect stacked quartz veins on both flanks of fault. Klondike Gold Corp. Nov. 28 announced the first drill results completed along the Eldorado Fault within its Klondike District Property in the Yukon, with drilling on either side of the structure revealing new high-grade gold intersections, further validating its potential as a major control for gold mineralization in the district. Spanning 727 square kilometers (280 square miles), the Klondike District...
Recent surface sampling bolster exploration plans for 2025 season. Sitka Gold Corp. Dec. 2 announced the confirmation and extension of a significant reduced intrusion-related gold system (RIRGS) at its May-Qu target within the flagship RC Gold Project in Yukon, with surface rock samples returning up to 31.7 grams per metric ton gold, highlighting the potential scale and importance of this discovery. Located 22 kilometers (15 miles) east of the Blackjack deposit within the Bos...
Step-out drilling reveals high-grade intercepts, confirming continuity. Fireweed Metals Corp. Nov. 28 announced results from its 2024 drilling campaign at the Macpass project in Yukon, with drilling at Tom South confirming significant high-grade mineralization close to the surface, while step-out drilling at Jason Main established continuity beyond the existing resource. Spanning approximately 977 square kilometers (377 square miles) and located roughly 200 kilometers (124...
From humble immigrant to business titan, Frederick forged the Trump family legacy amidst the chaos of the legendary Klondike Rush. Few periods in history capture the spirit of reckless adventure and raw ambition quite like the Klondike Gold Rush. Among those drawn to the North was a young Bavarian immigrant with a name that, unbeknownst to most at the time, would one day become a household name – Trump. However, this isn't the Trump most people know today, but his...
Here's to hoping that the Department of Government Efficiency finds a way to put some new wine into 4 million old bottles. Every once in a while, someone wakes up to the fact that, as Ronald Reagan so eloquently put it, "government is not the solution to the problem, government is the problem." Reagan's awakening was nothing new. Civil Service reform has been a topic of conversation for at least 100 years. Initially, it was intended to obviate the "spoils system," which...
