The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 11 of 11
Giga Metals Corp. Jan. 30 reported results from 38 holes drilled last year at the company's Turnagain nickel-cobalt project in northern British Columbia. A resource calculated in conjunction with a preliminary economic assessment prepared for Turnagain in 2011 outlines 865 million metric tons of measured and indicated resources at Turnagain averaging 0.21 percent (4 billion pounds) nickel and 0.013 percent (250 million lb) cobalt; plus 976 million metric tons of inferred resou...
Mountain Province Diamonds Inc. Jan. 31 announced that a 60.59-carat, fancy vivid yellow rough diamond recovered at the Gahcho Kué Mine in Northwest Territories will be included in a February diamond sale. Reid Mackie, vice president, diamond marketing, Mountain Province Diamonds said "the discovery of this diamond demonstrates our ability to produce very large, high quality, fancy colored diamonds. We are thrilled to be able to include it in our upcoming sale and present...
Fortune Minerals Jan. 30 announced that it has entered into a socioeconomic agreement with the Northwest Territories government for the proposed Nico cobalt-gold-bismuth-copper project about 160 kilometers (100 miles) northwest of Yellowknife. Signed at the Association for Mineral Exploration Roundup in Vancouver, British Columbia, the agreement formalizes objectives to maximize northern and indigenous employment, training, business opportunities, and education to benefit resi...
Osisko Metals Inc. Jan. 30 reported additional near surface zinc intercepts from the 2018 drill program at the company's Pine Point project in Northwest Territories. Located about 42 kilometers (26 miles) east of Hay River, Pine Point is the site of a historical mine operated by Cominco (now Teck Resources) from 1964 to 1988. During that time, Cominco mined zinc-lead ore from a series of 50 surface and underground deposits along a 60-kilometer (37 miles) trend. In all, Cominco...
Avalon Advanced Materials Inc. Jan. 30 reported that Cheetah Resources Pty Ltd., a private company based in Australia, will participate in the development of the Nechalacho rare earth elements project at Thor Lake, roughly 100 kilometers (60 miles) southeast of Yellowknife, Northwest Territories. In 2013, Avalon published a feasibility study for a mine at Nechalacho that is calculated to produce 9,286 metric tons of rare earths, 19,763 metric tons of zirconium, 2,231 metric...
Usibelli Coal Mine Jan. 30 surpassed two years of operations without a single lost time accident, a job-related injury that results in time away from work. Usibelli's safety program – Everyday Safety-At Work. At Home. At Play. – combined with the CORE Safety framework of the National Mining Association lays the foundation to make safety a core value for all mine employees. "The number one priority at UCM is safety – every day, and in everything we do," said Usibelli Coal...
Goldstrike Resources Ltd. Jan. 24 reported that Newmont Mining Corp. has ended its option to earn an interest in Goldstrike's Plateau gold property in the Yukon. Under an agreement struck with Goldstrike early in 2017, Newmont had the option to earn up to a 75 percent stake in Plateau by making cash payments to Goldstrike, investing in exploration at Plateau and completing a feasibility study for the gold project. Over the first two years of the option, Newmont invested...
Auryn Resources Inc. Jan. 30 announced that it is employing an artificial intelligence program to assist in the targeting of high-grade gold mineralization at its 390,000-hectare (964,000 acres) Committee Bay gold project in Nunavut. To accomplish this cutting-edge step in geology and geoscience, Auryn has teamed up with Computational Geosciences Inc., a company that utilizes advanced software tools for data processing, inversion, interpretation, and targeting. These tools...
Metallic Minerals Corp. Jan. 28 reported additional high-grade silver results from the 2018 exploration programs at its 100% owned McKay Hill Project, located 50 kilometers (30 miles) north of the historic Keno Hill Silver District in the Yukon. While McKay Hill is earlier stage than Metallic's Keno Silver project to the south, the company see's similar potential for a district-scale, high-grade silver-lead-zinc-copper system on the property. The company said its 2018 explorat...
Will the new Barrick Gold Corp. sell its 50 percent stake in the Donlin Gold project? This is the question on the minds of many Donlin Gold stakeholders and Novagold Resources Inc. shareholders following Barrick Gold's merger with Randgold Resources Ltd. Currently, Barrick and Novagold are 50-50 co-owners of Donlin Gold, a 39-million-ounce gold project in the Yukon-Kuskokwim region of Southwest Alaska. While the size of this deposit is definitely world-class and the resource...
Trilogy Metals Inc. Jan. 31 announced a US$16.2 million work program this year for the Upper Kobuk Mineral Projects in Northwest Alaska, a work program that is expected to result in major milestones toward realizing the world-class mineral potential the Ambler Mining District has to offer. Similar to the previous two years, Australia-based South32 Ltd. will invest US$9.2 million of the 2019 funding, which will go toward infill and resource expansion drilling at the Bornite...
