Sorted by date Results 1 - 25 of 3424
Western Alaska cuts gold-copper mineralization at Warms Springs that may represent new spoke of the CRD system. Western Alaska Minerals Corp. Aug. 29 reported that drills encountered two gold zones at Warm Springs that could represent a new spoke along a trend of carbonate replacement deposit mineralization that extends roughly five miles (eight kilometers) across the Illinois Creek property in Alaska. CRD deposits are created when mineralized fluids enriched with metals... Full story
Positive visual results encourage partners to expand program at copper-zinc VMS project in Alaska. American Pacific Mining Corp. Aug. 29 announced the completion of the drilling portion of a $12.8 million (C$17.5 million) exploration and development program budgeted for the Palmer copper-zinc-gold-silver project in Southeast Alaska. "We are delighted to have completed another successful exploration program with zero incidents or injuries throughout the summer," said American...
Alaska-focused mineral exploration and development company highlights sustainability in latest Whistler gold-copper project update. Toward its ultimate goal of unlocking the value of Whistler, U.S. GoldMining Inc.'s 2024 program at this large gold-copper project about 100 miles northwest of Anchorage, Alaska, has three components – resource upgrade and expansion, environmental baseline studies, and stakeholder engagement. "Tracking in parallel with our technical programs at W... Full story
New assays from 2022 drill core turn up 16% antimony at Treasure Creek, Felix Gold focuses on standalone critical minerals mine. Felix Gold Ltd. Aug. 28 reported that new high-grade assays from 2022 drilling at Treasure Creek support the idea that this Alaska gold project could host a standalone antimony mine. "Treasure Creek constitutes a large-scale gold-antimony system characterized by the identification of high-grade antimony mineralization in numerous locations," said...
Bonanza-grade silver outshines the high-grade copper and gold samples collected this year at Great Bear Lake. White Cliff Minerals Ltd. Aug. 27 reported a bonanza-grade silver discovery that outshines the impressive copper, gold, and cobalt samples the Australian company collected during its inaugural exploration program at the Great Bear Lake iron ore-copper-gold-uranium (IOCG-U) project in Northwest Territories. Lying about 280 miles (450 kilometers) north of Yellowknife,...
First samples collected by White Cliff returned grades as high as 42.6% copper and 38.2 g/t gold. White Cliff Minerals Ltd. Aug. 13 announced impressive copper-gold-silver-cobalt grades in the first batch of assays from the Australian company's inaugural exploration program at the Great Bear Lake iron ore-copper-gold-uranium (IOCG-U) project in Northwest Territories. Lying about 280 miles (450 kilometers) north of Yellowknife, the capital of Northwest Territories, the...
First batch of drill results underscore potential to upgrade and expand the resources at this Nunavut copper project. American West Metals Ltd. Aug. 15 reported that its first assays from the summer field program at Storm Copper demonstrate the potential to upgrade and expand the resources within Cyclone and Chinook, deposits that were included in a recent direct shipping ore study for this high-grade copper project in northern Nunavut. "The first assays from the summer...
Encouraged by consistent high-grade silver, company is prioritizing its drilling on Wolf Vein expansion. Dolly Varden Silver Corp. Aug. 12 reported that its resource expansion drilling at Wolf continues to cut high-grade silver mineralization at this northernmost of the Dolly Varden deposits on its Kitsault Valley project in Northern British Columbia. Kitsault Valley is comprised of two adjacent properties – the Dolly Varden Silver on the southern end and the more gold-enriche...
Straightforward and low-cost ore sorting and jig circuits could produce 20% copper concentrates. Recent testing has demonstrated that a simple and inexpensive two-step process could elevate the high-grade copper mineralization that American West Metals Ltd. has outlined in near-surface deposits at its Storm project in Nunavut into a high-quality direct shipping ore (DSO) ready for market. "The program has produced commercial grade DSO products from typical copper ores through...
Company has completed 11 holes so far this year at the RPM gold deposit, is collecting bulk samples at the Stibium antimony prospect. Nova Minerals Ltd. Aug. 21 announced that it is continuing to pursue both the precious metal and critical mineral potential at its Estelle gold-antimony project about 100 miles (160 kilometers) northwest of Anchorage, Alaska. According to a calculation completed earlier this year in compliance with the U.S. Securities and Exchange Commission's... Full story
USAC stakes road-accessible copper property; investigating other critical mineral projects in underexplored state. United States Antimony Corp. Aug. 21 announced that it has staked 69 state claims covering prospective high-grade copper showings in Alaska. The critical minerals-focused company that owns an antimony refinery in Montana has yet to reveal the location of this 11,040-acre property in Alaska. "The State of Alaska is under-explored, and we are considering other...
Directional drilling cuts 16.2 meters of 606 g/t silver in deep expansion zone of Kitsault Valley deposit. Dolly Varden Silver Corp. Aug. 22 announced that drills continue to cut high-grade silver mineralization below the Wolf deposit on the company's Kitsault Valley project in Northern British Columbia. Lying about 25 miles (40 kilometers) southeast of Stewart, B.C., Kitsault Valley is the amalgamation of the Dolly Varden silver and Homestake Ridge gold-silver properties....
Contango ORE receives $32.2 million of gold and silver from the first direct shipping ore processed under its hybrid royalty model. Since the July 8 pouring of the first bar of gold, the Kinross Alaska mill recovered approximately 55,000 ounces of gold and 11,000 oz of silver from ore shipped from Manh Choh, a mine being operated under the Peak joint venture between Kinross Gold Corp. (70%) and Contango ORE Inc. (30%). For Contango, this marks the first revenue generated... Full story
Canadian miner cuts deal with ZincX to conduct metallurgical testing of material from Cardiac Creek zinc deposit in Northern BC. ZincX Resources Corp. Aug. 19 reported that Teck Resources Ltd. is carrying out advanced metallurgical testing of material from the Cardiac Creek zinc-lead-silver deposit on its Akie project in Northern British Columbia. The Cardiac Creek sedimentary exhalative (SEDEX) deposit hosts 22.7 million metric tons of indicated resource averaging 8.32% (4.16... Full story
Contango ORE buys the Golden Zone and Amanita exploration projects held by Avidian Gold Alaska. Avidian Gold Corp. Aug. 7 announced that it has finalized the sale of its Alaskan subsidiary, Avidian Gold Alaska Inc., to Contango ORE Inc. for $2.4 million (C$3.3 million), plus a potential future payment of $1 million (C$1.4 million) if Contango decides to develop a mine at the mineral exploration projects that came with the sale. With the purchase, Contango ORE gains ownership... Full story
Cuts 1,126 meters averaging 0.31% copper-equivalent at the porphyry target on the Thorn property in Northern BC. Brixton Metals Corp. Aug. 6 reported that the second hole of its 2024 drill campaign at the Thorn project in Northern British Columbia encountered 61.5 meters of gold-dominant mineralization before cutting through more than 1.1 kilometers of porphyry copper-gold-silver-molybdenum mineralization. The first two holes of Brixton's 2024 program were drilled at Camp...
Mining's benefits to the state's economy are poised to grow as the world seeks sustainable sources of the minerals Alaska is enriched with. A new study carried out by Alaska-based McKinley Research Group found that mining and minerals exploration contributed over $2.5 billion to Alaska's economy during 2023. "The mining industry continues its role as a powerhouse of Alaska's economy, partnering with local communities to drive significant economic benefits and support...
Southeast Alaska mine on pace to produce 100,000 oz this year; exploration at Kensington and Silvertip show future promise. Coeur Mining Inc. Aug. 7 reported that its Kensington Mine in Southeast Alaska heads into the second half of 2024 on track to produce roughly 100,000 ounces of gold this year, and the summer exploration program at the Silvertip mine project in Northern British Columbia is now underway. "Improved operating performance at Kensington was especially...
Based on the abundance of visible gold in most of the holes drilled thus far, Goliath is expanding the 2024 drill program at Surebet. Goliath Resources Ltd. Aug. 8 reported that Crescat Capital LLC, the company's largest shareholder, is leading a C$3 million (US$2.2 million) financing to expand upon a 2024 drill program that has cut abundant visible gold at Surebet, a roughly 1,800-meter-long corridor at the southern end of the 66,608-hectare (164,592 acres) Golddigger propert...
Vital hires Corem to establish a process flowsheet for the world-class rare earths deposit at Nechalacho. Vital Metals Ltd. Aug. 15 reported that it has hired Corem to complete a preliminary rare earths process flowsheet for the world-class Tardiff deposit on the Nechalacho project in Canada's Northwest Territories. Lying about 60 miles (100 kilometers) southeast of Yellowknife, NWT, the Tardiff deposit at Nechalacho hosts 31.1 million metric tons of measured and indicated... Full story
Manh Choh underscores the potential of Contango's Hybrid Royalty Model to unlock the value of orphaned high-grade mineral deposits. The pouring of the first bar of gold from the Manh Choh Mine was a momentous occasion for Contango ORE Inc., Kinross Gold Corp., Tetlin Village, and others involved in the development of Alaska's newest gold mine. Two unique business models that led to the early July gold pour, however, could be more valuable than the 600 ounces of gold in the... Full story
Marks the first drill program since Contango's acquisition of HighGold Mining. Contango ORE Inc. July 30 announced the start of a roughly 3,000-meter drill program at its newly acquired Johnson Tract gold project in Southcentral Alaska. Johnson Tract is a 20,942-acre polymetallic gold exploration project about 125 miles southwest of Anchorage owned by Cook Inlet Region Inc., an Alaska Native regional corporation more commonly known as CIRI. Contango ORE added the project to... Full story
Program focused on upgrading and expanding near-surface resources in preparation for a feasibility study. Nova Minerals Ltd. July 31 announced the start of a drill program to upgrade and expand the resources at the RPM gold deposit on its Estelle project about 100 miles (160 kilometers) northwest of Anchorage, Alaska. The start of the 2024 program at Estelle comes days after the Australian company completed its American listing on the Nasdaq Capital Market through a $3.3... Full story
Infrared and hyperspectral satellite imagery adds evidence of large uranium deposit at northern end of Boulder Creek. Panther Minerals Inc. July 29 reported that a long-wave infrared survey and interpretation of high-resolution hyperspectral satellite imagery has provided further evidence of known and new uranium prospects across the northern portion of the Boulder Creek project in western Alaska. Located roughly 100 miles northeast of the Gold Rush town of Nome and about 30...
A graphite supply agreement struck with Lucid Motors provides a key link to forging a mine-to-EVs supply chain. Graphite One Inc. has struck a battery materials supply agreement with California-based electric vehicle manufacturer Lucid Motors that is expected to forge a complete mine-to-EVs graphite supply chain with links in Alaska, Ohio, and Arizona. Alaska's delegation in Washington, D.C., is hailing this battery materials agreement as a win both for America's 49th State an... Full story