The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 9 of 9
North of 60 Mining News recently spoke with Ramzi Fawaz, president and CEO of Ambler Metals LLC, a 50-50 joint venture between South32 Ltd. and Trilogy Metals Inc. to develop the rich mineral resources at the Upper Kobuk Mineral Projects in Alaska. In a candid conversation, Fawaz talks about what attracted him to Ambler Metals; the company's Alaska-based team and partnerships; the strategy for developing Arctic Mine and the other rich metals deposits at the Upper Kobuk Mineral...
As 2020, arguably the most calamitous year for northern mining in decades, drew to a close, the Government of Northwest Territories took the unusual step of topping up its annual mining incentives program with an additional C$100,000. In August, the territorial government awarded C$1 million in these grants to 19 junior mining companies and prospectors who proposed mineral exploration programs during the 2020-2021 field season. Normally awarded in the spring, the incentives...
Over a century ago, a gold rush pioneer set out on an incredible journey of more than one thousand miles across the breadth of Alaska upon his two-wheeled iron steed, braving the brutal winter weather and untamed wilds in search of fortune. This is the story of Edward Jesson, who biked from Dawson City to Nome in the year 1900, a journey, all thought, he would never return from. Before the Alaska gold rush era, the world-wide bicycle craze of the 1890s was in full swing, with...
With 2020 in the rearview mirror, now is a good time to reflect on and prognosticate about Alaska and things mining. First, with regard to things past, from the impeachment to the election, 2020 was not a great year. Despite the incessant sniping at the President's heels, the Administration almost survived for another term. Due to the weighting of the Electoral College system, some analysts tell us that a shift of only 22,000 votes would have changed the outcome. While the...
In a move that prevents a Chinese state-owned company from grabbing a foothold along the Northwest Passage in Canada's Arctic, officials in Ottawa have blocked Shandong Gold Mining Co. Ltd.'s bid to acquire TMAC Resources Inc., which owns and operates the Hope Bay gold mine in the Kitikmeot region of northwestern Nunavut. While stopping Shandong Gold Mining from acquiring the Nunavut operation quashed what many Canadians considered to be a threat to national security, it also...
Nova Minerals Ltd. Dec. 18 reported that initial tests indicate that ore sorting could significantly upgrade the feed for a mill and heap leach facility at a future mine on the Estelle gold project in Alaska. The Korbel Main deposit at Estelle currently hosts 3.3 million ounces of gold in 291 million metric tons of Australian Joint Ore Reserves Committee- (JORC) compliant inferred resource averaging 0.4 grams per metric ton gold. Nova is testing a bulk sorting process that...
PolarX Ltd. Dec. 17 reported that its 2020 drilling continues to encounter near-surface copper-gold mineralization at Zackly East, and geophysics has identified a new porphyry target associated with the high-grade skarn mineralization the company expanded this year on its Alaska Range property. Covering a 22-mile (35 kilometers) copper-rich trend along the southern slopes of the mountains for which it is named, Alaska Range consists of two adjacent copper and precious metal...
White Rock Minerals Ltd. Dec. 21 announced that 2020 stream sediment sampling identified a large, robust gold anomaly west of the Last Chance gold target on the company's Red Mountain project in Alaska. Best known for its zinc-rich volcanogenic massive sulfide (VMS) deposits and occurrences, the 308-square-mile (798 square kilometers) Red Mountain property lies within the Tintina Gold Belt, a particularly gold-rich province that sweeps across Canada's Yukon Territory and...
Tectonic Metals Inc. Dec. 21 reported that its initial prospecting of Carrie Creek, a newly acquired project immediately adjacent to Tibbs, has turned up intrusion-hosted gold mineralization similar to the ore at Kinross Gold Corp.'s Fort Knox Mine. Tectonic acquired Carrie Creek through a long-term lease agreement it entered into with Doyon Ltd., an Alaska Native Claims Settlement Act (ANCSA) regional corporation with 12.5 million acres of land spanning Alaska's Interior, in...
