The mining newspaper for Alaska and Canada's North

Articles from the January 6, 2023 edition

Sorted by date  Results 1 - 10 of 10

  • First-of-its-kind northern solar farm for Snowline Gold's Forks Camp in Yukon.

    Snowline ends 2022 with review of success

    A.J. Roan, Mining News|Updated Feb 21, 2023

    Snowline Gold Corp. Dec. 29 highlighted a truly transformative year of discoveries and successes for this swiftly growing Yukon junior. A recent addition to the Yukon's vast collection of exploration companies, Snowline began its exploration of this northern Canadian territory in 2017 and has since grown to nearly C$390 million in market capitalization. Going into 2022, Snowline's portfolio was split between Rogue, Einarson, Ursa, Cynthia, and Rainbow in the Selwyn Basin near...

  • A colorful dusk horizon backdrops a drill testing the Graphite Creek deposit.

    Graphite One considers larger operations

    Shane Lasley, Mining News|Updated Jan 18, 2023

    To better match the world-class size of its Graphite Creek deposit in Alaska to the enormous demand for the graphite going into lithium-ion batteries powering the electric vehicle revolution, Graphite One Inc. is considering a significantly larger advanced graphite materials supply chain in the United States. Last year, S&P Global Platts forecast that by 2030 it will take 5 million to 6 million metric tons of graphite to meet annual global demand for this carbon material that...

  • A drill tests for copper on the side of a forested hill in southwest Yukon.

    Exploring for energy metals in SW Yukon

    Rose Ragsdale, For Mining News|Updated Jan 18, 2023

    Strategic Metals Ltd., a longtime project generator in the Yukon, is helping to spur industry interest in the prospectivity of the territory's southwestern region for critical minerals as more explorers undertake projects in this underexplored region. Strategic optioned 70% ownership interest in Hopper, a 74 square-kilometer (28.6 square miles) multi-target porphyry copper-molybdenum project with significant copper-gold-silver peripheral skarn mineralization to CAVU Mining...

  • Truck dumps gravel to be leveled and compacted for the Manh Choh road.

    Contango ORE sees 2023 as pivotal year

    Shane Lasley, Mining News|Updated Jan 18, 2023

    Contango ORE Inc. Dec. 23 announced that it has raised US$5.6 million through a private placement to help fund the company's 30% interest in the development costs at Manh Choh until it can arrange a larger financing package for advancing the 1-million-ounce gold mine project to production. This financing involved the issuance of 283,500 shares at US$20.00 each, plus warrants that allow the purchasers to acquire additional shares at $25.00 each. "This equity capital raise will...

  • Fireworks over the Lincoln Memorial, Washington Monument, and Capitol Building.

    We can all look forward to a bright 2023

    J. P. Tangen|Updated Jan 18, 2023

    At long last the new year is here! Behind us are the floods, blizzards, pandemics, elections, and the vast array of distractions that have clouded our skies. It is time to get down to business. First, the good news – we won't have another election for about 22 months. In addition, the Congress of the United States is in a state of equipoise. The House has a Republican majority, and the House controls the national purse strings; so federal spending hopefully will be under c... Full story

  • Drill core with gold-colored copper mineralization within white and grey rock.

    Thick porphyry copper cut at Camp Creek

    Shane Lasley, Mining News|Updated Jan 12, 2023

    Brixton Metals Corp. Jan. 4 reported wide drill intercepts that indicate the growth potential of the Camp Creek porphyry copper target on the company's 2,600-square-kilometer (1,004 square miles) Thorn property in Northern British Columbia. Situated in Tahltan Territory, about 95 kilometers (60 miles) east of Juneau, Alaska, the district-scale Thorn property hosts large-scale porphyry copper-gold-silver-molybdenum and volcanic-sediment hosted gold-silver targets. The latest...

  • Geologist inspects drill core from the 2022 drilling at Betty.

    First year's update from White Gold

    A.J. Roan, Mining News|Updated Jan 12, 2023

    White Gold Corp. Jan. 5 announced the first results for the year from its 2022 drilling program at the Ryan's Surprise target on the White Gold property with a significant intercept of 10.85 meters averaging 5.85 grams per metric ton gold that extends mineralization along strike. According to the most recent resource estimate, the flagship deposits on the company's namesake property – Golden Saddle and Arc – together host 15.6 million metric tons of indicated resource ave...

  • As the sun sets, crews mine rare earths ore from a deposit at Nechalacho in NWT.

    A Vital pivot in rare earths strategy

    Shane Lasley, Mining News|Updated Jan 12, 2023

    Following an AU$45 million (US$31.6 million) infusion of cash in July, Vital Metals Ltd. has gone through some significant changes that are being reflected in a new strategy that slows the ramp-up of production at the company's rare earths separation plant in Saskatchewan and focuses the company's resources on expanding production at its Nechalacho Mine in Canada's Northwest Territories. Shortly following this financing anchored by AU$30 million (US$21 million) contributed by...

  • Bre-X Minerals Ltd. former headquarters in Calgary, Canada.

    The biggest Canadian gold hoax of all time

    A.J. Roan, Mining News|Updated Jan 5, 2023

    Start with the biggest deposit of gold ever reported, add in a dash of remote, inaccessible jungles of Indonesia, and let simmer for almost a decade, and you have a recipe for the largest mining-related scandal in modern history, resulting in the system of standardization regarding mineral reporting for the last twenty years and ideally for many more years to come. It is easy to forget that the systems by which mining companies in Canada report and display information... Full story

  • Lithium periodic symbol, rocks, and batteries made from the critical metal.

    Li-FT for Northwest Territories lithium

    Shane Lasley, Mining News|Updated Jan 5, 2023

    Li-FT Power Ltd., a relatively new junior exploration company led by a team with a track record of discovering and financing mineral projects, has acquired an exciting hardrock lithium project that covers most of the Yellowknife Pegmatite Province in Northwest Territories. The Yellowknife lithium project covers at least 14 pegmatites – igneous rocks with exceptionally large crystals that are the major source of hardrock lithium worldwide – on mineral leases that are 30 kil... Full story