The mining newspaper for Alaska and Canada's North

Articles from the January 17, 2020 edition

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  • More gold preps Premier mine feasibility

    Updated Sep 26, 2020

    Ascot Resources Ltd. Jan. 15 announced a 60 percent increase in the amount of gold in the indicated resource at its Premier gold-silver mine project near the mining town of Stewart, British Columbia. According to the new calculation, the four deposits at Premier – Silver Coin, Premier, Big Missouri and Martha Ellen – now hosts 4.14 million metric tons of inferred resource averaging 8.01 grams per metric ton (1.07 million ounces) gold and 35.1 g/t (4.67 million oz) silver. Thi...

  • Eskay Creek drilling exceeds expectations

    Updated Sep 26, 2020

    Skeena Resources Ltd. Jan. 14 reports continued strong gold-silver intercepts during infill drilling at the Eskay Creek project in British Columbia's Golden Triangle. Barrick Gold Corp. operated an underground mine at Eskay Creek from 1995 to 2008 that produced roughly 3.3 million ounces of gold and 160 million oz of silver from ore that averaged 45 grams per metric ton gold and 2,224 g/t silver. Skeena, which acquired the property from Barrick, has identified lower grade but...

  • Brewery Creek adds gold, more soon

    Updated Sep 26, 2020

    Golden Predator Mining Corp. Jan. 15 announced a more that 50 percent increase in the oxide gold resources at its Brewery Creek Mine project in the Yukon. Located about 35 miles (55 kilometers) east of Dawson City, Brewery Creek is the site of an open-pit, heap-leach mine that produced 277,170 ounces of gold over a seven-year span beginning in 1996. According to the 2020 calculation, which incorporates a higher gold price (US$1,325/oz) but not the 200 holes drilled since...

  • Diamonds in Anchor kimberlite at LDG

    Updated Sep 26, 2020

    North Arrow Minerals Inc. Jan. 15 reported microdiamond results from the 2019 drilling of the Anchor kimberlite at LDG (Lac de Gras), a 147,200-hectare (363,700 acres) diamond property in Northwest Territories being explored under a joint venture with Dominion Diamond Mines. The C$2.8 million exploration program carried out at LDG in 2019 focused on kimberlite discovery on this prospective property adjacent to the southwest side of the Diavik diamond mine property. This...

  • Avidian advances Amanita, Golden Zone

    Updated Sep 26, 2020

    Avidian Gold Corp. Jan. 16 provided highlights from the 2019 exploration programs on its Amanita and Golden Zone properties in Alaska. The 3,608-acre Amanita property is on state land boarding the south side of Kinross Gold Corp.'s Kinross Mine. Exploration by Avidian and others have identified one or more oxide gold resources within the Tonsina Trend, a structural corridor on the Amanita property that extends northeast onto the Fort Knox property. Highlights from previous...

  • Nova raises 2020 Estelle exploration funds

    Updated Sep 26, 2020

    Nova Minerals Ltd. Jan. 15 announced it has raised A$4.3 million (US$3 million) to fund the early 2020 exploration program at its Estelle gold project in Alaska. Located about 100 miles northwest of Anchorage, Alaska's largest city, Estelle hosts 181.3 million metric tons of Australian Joint Ore Reserves Committee- (JORC) compliant inferred resource averaging 0.43 grams per metric ton (2.5 million ounces) gold. This resource, which the Australia-based explorer outlined during...

  • Priority Unga gold drill targets found

    Updated Sep 26, 2020

    Redstar Gold Corp. Jan. 13 reported that recently completed structural mapping on its Unga gold project on the Alaska Peninsula has identified several new priority drill targets along the Shumagin and Apollo-Sitka trends. The Unga project covers roughly 93 square miles (240 square kilometers) of two islands south of the Alaska Peninsula, Unga and Popof islands, that has long been known for its high-grade gold. The Apollo and adjacent Sitka mines, established on Unga Island in...

  • AME BC Mineral Exploration Roundup 2020 convention Alaska Canada center

    Dunleavy to meet with miners at Roundup

    Updated Sep 26, 2020

    Alaska Gov. Mike Dunleavy Jan. 18 announced he and members of his cabinet will travel to Vancouver, British Columbia to participate in the Association of Mineral Exploration (AME) British Columbia's Roundup, an annual mining conference that brings together more than 6,500 people and is a driving force for mineral exploration in Alaska, B.C. and across Canada's North. "I am looking forward to meeting with investors at next week's mining conference in Vancouver and highlighting...

  • Consistent high grades drilled at Arctic

    Updated Sep 26, 2020

    Trilogy Metals Inc. Jan. 16 reported that its geotechnical and hydrological drill program at the Arctic mine project continued to show the consistency and high grades of the copper-zinc-lead-gold-silver mineralization within this volcanogenic massive sulfide (VMS) deposit in Northwest Alaska. The 2019 field program at Arctic involved advanced engineering and environmental work in support of Trilogy Metals' feasibility study for the Arctic Project and permitting. In December,...

  • Freegold, South32 tap Shorty Creek copper

    Updated Sep 26, 2020

    Freegold Ventures Ltd. Jan. 16 announced results from the late-season 2019 drill program at Shorty Creek, a porphyry gold-copper project about 75 miles northwest of Fairbanks. The five-hole (1,542 meters) program was funded by a wholly owned subsidiary of South32 Ltd., which entered into an option agreement with Freegold Ventures to acquire 70 percent interest in Shorty Creek for US$30 million, less any money the Australia-based major invests in exploring the promising...

  • Mining eligible for permit streamlining

    Shane Lasley, Mining News|Updated Sep 26, 2020

    It's official, U.S. mining projects can now be considered for more efficient permitting under Title 41 of the Fixing America's Surface Transportation Act, or Fast-41, a program established in 2015 to improve the timeliness, predictability, and transparency of the federal environmental review and authorization process for eligible infrastructure projects. This Obama-era Fast-41 program established the Federal Permitting Improvement Steering Council (FPISC), a federal entity...

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