The mining newspaper for Alaska and Canada's North
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More than doubles the indicated resource at this copper-gold-silver deposit in Alaska. U.S. GoldMining Inc. Oct.7 reported that a new calculation more than doubles the amount of copper, gold, and silver in indicated resources within the namesake deposit on its Whistler project in the West Susitna Mineral district about 100 miles northwest of Anchorage, Alaska. Since the successful listing on the Nasdaq with a $20 million public offering in April of 2023, U.S. GoldMining has...
Drills tap wide copper-gold mineralization indicative of a larger porphyritic intrusion. Seabridge Gold Inc. Oct. 9 reported that drilling has cut a thick zone of promising copper-gold mineralization at the Snip North target on the company's Iskut project in British Columbia's Golden Triangle. Seabridge acquired Iskut in 2016 due to the property's potential to host large porphyry copper-gold deposits similar to the company's world-class KSM mine project about 30 kilometers...
First 2024 holes cut strong gold mineralization at starter mine target at Estelle, including 43 meters of 4.4 g/t gold. Nova Minerals Ltd. Oct. 9 reported that the first batch of assays from the 21-hole drill program carried out this year at Estelle confirms the continuity and strength of near-surface gold mineralization at RPM, a higher-grade deposit that is expected to be the site of the first mine on the 198-square-mile (514 square kilometers) gold-antimony property about... Full story
Company discovers a shift in orientation and broader gold veins as drills trace mineralization toward historic Newsboy Mine. Freegold Resources Ltd. Oct. 8 reported that its resource expansion drilling west of the 25-million-ounce Dolphin-Cleary gold deposit at its Golden Summit in Interior Alaska is cutting multiple higher-grade veins reminiscent of the historic Newsboy Mine about 1,000 meters to the southwest. According to a calculation completed in September,... Full story
Hires Worley to update feasibility study for vertically integrated cobalt-bismuth-copper-gold project in Northwest Territories and Alberta. Fortune Minerals Ltd. Oct. 7 reported that it has hired Worley Canada Services Ltd. to update a feasibility study for NICO, a vertically integrated critical minerals project that will include a mine in Northwest Territories and hydrometallurgical refinery in Alberta. Located about 160 kilometers (100 miles) northwest of Yellowknife, NWT,...
This year's field program collects data needed for advanced mine plan study and permitting for gold-silver project in Northern B.C. Thesis Gold Inc. Oct. 7 announced the completion of a 2024 field program focused on collecting the final information needed to initiate a prefeasibility study (PFS) and permitting for a mine at its Lawyers-Ranch gold-silver project in Northern British Columbia's Toodoggone Mining District. "The successful completion of the 2024 exploration season...
The Teck-funded C$18.7 million program is focused on collecting the data needed to finalize prefeasibility study for Northern BC copper mine. Copper Fox Metals Inc. Sept. 24 reported that Teck Resources Ltd. has completed the 2024 field program at the Schaft Creek copper-gold-silver-molybdenum project in Northern British Columbia. Being advanced under a joint venture between Teck (75%) and Copper Fox (25%), Schaft Creek hosts a large porphyry deposit containing 1.35 billion...
B.C. renews and strengthens Seabridge's occupation licenses for tunnels linking proposed mine and processing plant. Seabridge Gold Corp. Sept. 25 announced that the British Columbia government has renewed occupational rights for tunnels that will connect the world-class copper-gold deposits at KSM to an area selected for the processing plant and tailing storage facility. According to the most recent calculation, KSM hosts 153.9 million ounces of gold and 54.5 billion pounds...
Two holes drilled 1,500 meters apart confirm extent and high-grade nature of "Deep Copper Horizon" at Storm. American West Metals Ltd. Sept. 20 reported that drilling has cut thick zones of high-grade copper mineralization below the surface deposits being outlined at its Storm Copper project in northern Nunavut. "The assays for the first deep diamond drill hole have been received and have produced outstanding results," said American West Metals Managing Director Dave O'Neill....
The company's first five holes test the larger potential of the BP Zone on this Northern BC copper-gold project. Pacific Ridge Exploration Ltd. Sept. 26 reported that all five holes of its inaugural drill program at the Chuchi project in northcentral British Columbia cut porphyry copper mineralization. Lying about 35 kilometers (19 miles) northwest of Centkerra Gold's Mount Milligan copper-gold mine, Chuchi hosts several compelling exploration targets along a six-kilometer-...
Acquisition comes with a high-grade, low-cost Mexico mine that is expected to boost Coeur's silver, gold, and cash production. In a deal that will elevate its silver production to roughly 21 million ounces per year and gold output to 432,000 oz/y, Coeur Mining Inc. has agreed to acquire SilverCrest Metals Inc. in an all-shares deal worth $1.7 billion. "The acquisition of SilverCrest creates a leading global silver company by adding low-cost silver and gold production and...
New equipment and innovations unveiled at mining event underscore the complexities of transitioning mines from diesel to electric. MINEXPO INTERNATIONAL 2024, LAS VEGAS – From the heavy equipment manufacturers with their monstrous mining machines inside the Las Vegas Convention Center to the mining companies kicking the tires of those machines, transitioning to the zero-emissions mines of tomorrow was a topic that commanded center stage at MINExpo 2024. While the o... Full story
German firm unveils $2.8 billion zero-emissions mining equipment partnership with Fortescue. MINEXPO INTERNATIONAL 2024, LAS VEGAS – Grabbing the spotlight during the world's largest mining event is no small feat. A historic $2.8 billion partnership to further advance the technologies needed for zero-emissions mining, however, put German heavy equipment manufacturer Liebherr and West Australian miner Fortescue front and center during the main event that comes around just o... Full story
New ideas lead to strong mineralization that could expand Ulu gold project resource. Blue Star Gold Corp. Oct. 3 reported that its 2024 drilling has confirmed the existence of an interpreted vein structure that could expand the gold mineralization at the Flood Zone on the company's Ulu gold project in Nunavut's Kitikmeot region. Lying approximately 125 miles (200 kilometers) northwest of B2 Gold's Back River gold project and roughly the same distance southwest of Agnico Eagle... Full story
In addition to one of the best copper intercepts so far; a sealift of supplies shaves an estimated $2.8 million off the 2025 budget. American West Metals Ltd. Sept. 30 reported additional high-grade intercepts from its 2024 drilling in and around the Cyclone deposit at its Storm Copper project on Nunavut's Somerset Island, including one hole that cut a thick zone of spectacular copper mineralization south of the current resource boundaries. "The latest assays from the Cyclone... Full story
Drills one hole at each of three targets with compelling evidence of nickel-rich massive sulfides; two reach target depth. Alaska Energy Metals Corp. Oct. 1 reported that its 2024 drill program at Nikolai included three holes to test intriguing high-grade massive sulfide targets on the Canwell block of claims at its Nikolai nickel-copper-cobalt-platinum group metals project in Alaska. Nikolai is comprised of two blocks of claims – Eureka and Canwell – that each host com... Full story
Hires Whittle to investigate the optimal path for a scalable mining operation at gold-antimony project in Alaska. Nova Minerals Ltd. Oct. 2 announced that it has hired Whittle Consulting to carry out optimization studies for Estelle that will focus on establishing an initial mine at the RPM deposit that can be scaled up to a larger operation at the gold-antimony project in Alaska's West Susitna Mineral District. Lying about 100 miles northwest of Anchorage, Alaska, Estelle... Full story
Cuts 652.5 meters of 1 g/t gold-equivalent; encounters two styles of mineralization at nearby Raintree West. U.S. GoldMining Inc. Sept. 30 reported encouraging results from the first two holes of the 4,000-meter drill program completed this year at its Whistler copper-gold-silver project in Alaska's West Susitna Mineral District. Lying about 100 miles northwest of Anchorage and at the end of a proposed road that would link the project to Alaska's highway system, Whistler... Full story
While construction and development remain on schedule, pre-production costs trend higher at B2Gold's gold mine project in Nunavut. With construction and development at Goose near completion and the final 2024 supply shipments expected to be offloaded by the end of the month, B2Gold's first mine to be developed on its Back River project in Nunavut remains on track to pour its first gold bar by mid-2025. The costs to get to the first gold pour at Goose, however, continue to...
Initial holes provide greater understanding of mineralization at underexplored target on the Thorn property in Northern BC. Brixton Metals Corp. Sept. 17 reported that its inaugural drilling at Cirque has cut broad zones of porphyry copper-molybdenum mineralization at this early-staged exploration target about 3,000 meters northeast of the large body of porphyry copper-gold-silver-molybdenum mineralization being outlined at Camp Creek on the company's Thorn project in...
Canagold cut five zones of gold mineralization during 34-hole resource expansion drill program at Northern BC project. Canagold Resources Ltd. Sept. 18 reported high-grade gold intercepts in the final two holes of a 10,300-meter resource expansion program carried out this year at the company's New Polaris Gold project in Northern British Columbia. Lying about 60 miles (100 kilometers) south of Atlin, B.C., and 35 miles (60 kilometers) northeast of Juneau, Alaska, New Polaris...
Tests show high gold recoveries from run-of-mine material at the Southwest Alaska project. Tectonic Metals Inc. Sept. 19 reported that recent metallurgical testing demonstrates the potential for high gold recoveries from a low-cost run-of-mine heap leach operation at its Flat project in Southwest Alaska. "Our initial heap leach results mark a major milestone for the Flat Gold Project, a bulk-tonnage gold system showing continued strong geological similarities to Kinross...
Alaska Energy Metals has partnered with the Colorado School of Mines and Virginia Polytechnic Institute to answer that question. Alaska Energy Metals Sept. 18 announced that it has partnered with the Colorado School of Mines and Virginia Polytechnic Institute to determine how much carbon dioxide a mine at its Nikolai project in Alaska could capture and store while also providing a domestic supply of nickel, copper, cobalt, and platinum group metals (PGMs) for the energy... Full story
Investments will support infrastructure for critical mineral projects in the Golden Triangle and the Yukon. Toward the goal of positioning Canada as a global leader in the production of minerals essential to the clean energy transition, Ottawa is investing C$60 million (US$44.2 million) in energy and transportation infrastructure in the Yukon and British Columbia's Golden Triangle. "These investments are needed to support critical minerals development in the region, improve co... Full story
New service center being built in St. George puts global mining solutions company on Golden Triangle's doorstep. Metso Corp. Sept. 18 announced that it is investing $6.7 million (C$9 million) in a new service center in Prince George, British Columbia. Finland-based Metso is a global company that provides end-to-end solutions and services for the aggregates, minerals processing, and metals refining industries on six continents. The Prince George service center, Metso's first in... Full story