The mining newspaper for Alaska and Canada's North

Articles from the February 9, 2024 edition

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  • Drill core being cut longways by an industrial rock saw.

    Golden Summit expands westward

    Shane Lasley, Mining News|Updated Apr 10, 2024

    Freegold Ventures Ltd. Feb. 7 reported that high-grade gold assays from its 2023 drill program at Golden Summit reaffirm the expansion potential west of the 20-million-ounce Dolphin-Cleary gold deposit on this road-accessible project about 25 miles north of Fairbanks, Alaska. According to an early 2023 calculation, the Dolphin-Cleary deposit hosts 407.54 million metric tons of open-pit mineable indicated resource averaging 0.92 grams per metric ton (12 million oz) gold, plus...

  • Map of Skeena Resources’ various properties within Golden Triangle, BC.

    Skeena investigates hidden Hoodoo project

    A.J. Roan, Mining News|Updated Feb 22, 2024

    Aims for inaugural drilling of new copper-gold prospect in B.C.'s Golden Triangle later this year. Skeena Resources Ltd. Feb. 8 announced plans for 14,000 meters of drilling on its earlier-staged exploration properties in the Golden Triangle, including the 74,633-hectare (184,422 acres) Hoodoo copper-gold project about 50 kilometers (30 miles) northwest of the company's Eskay Creek gold-silver mine project. Located about midway between Skeena's high-grade Snip gold project...

  • A large rock sample with large veins of high-grade gold visible on the surface.

    Nisga'a Nation forms mine royalty company

    Shane Lasley, Mining News|Updated Feb 22, 2024

    Nations Royalty is positioned to be Canada's largest business majority owned by a First Nation, significant player in realm of mining royalties. Leveraging royalties it has received through benefits agreements for mine projects in Northern British Columbia, the Nisga'a Nation is forming a Canadian First Nations mining royalty company for Indigenous people. The Nisga'a Nation's lands and treaty area covers nearly 27,000 square kilometers (10,400 square miles) at the southern...

  • Camp lights illuminate the cabins and snow at a mineral exploration camp.

    Tardiff drilling shows REE growth potential

    Shane Lasley, Mining News|Updated Feb 22, 2024

    Vital Metal Ltd. Feb. 7 reported that results from its 2023 drill program at Nechalacho continue to show the potential to upgrade and expand upon shallow, high-grade rare earth element mineralization within the Tardiff deposit on the project about 110 kilometers (70 miles) southeast of Yellowknife, Northwest Territories. In 2021, the Australia-based company began mining high-grade ore from the North T deposit, which was upgraded in preparation for shipping to Saskatchewan for...

  • Drillers test for gold on a cloudy summer day in Southwest Alaska.

    Tectonic strikes gold with 19 holes at Flat

    Shane Lasley, Mining News|Updated Feb 22, 2024

    Company now seeking higher-grade sweet spot of enormous gold system affirmed with 2023 drilling. Tectonic Metals Inc. Feb. 7 reported that all 19 holes drilled during its inaugural program at the Chicken Mountain target on the Flat project in the Kuskokwim region of Southwest Alaska cut intrusion-related gold mineralization similar to what is being mined at Kinross Gold Corp. Fort Knox mine near Fairbanks, Alaska. Located about 25 miles (40 kilometers) north of the...

  • An exposed outcrop surrounded by lakes in NWT, Canada.

    Li-FT reports excellent results from Ki

    A.J. Roan, Mining News|Updated Feb 16, 2024

    Li-FT Power Ltd. Jan. 30 and Feb. 6 announced two more batches of assays from its 2023 drilling at the Yellowknife Lithium Project in Northwest Territories, Canada, with both continuing to highlight the strong consistency of its hard rock lithium deposits. While awaiting the results from an additional 24 holes from last year's 198-hole drill campaign, Li-FT has set drills turning once more, starting its 2024 winter program Jan. 29, aiming for 18,600 meters in 100 holes,...

  • A drill tests for metals from atop a mountain ridge in BC’s Golden Triangle.

    Seabridge adds metals to KSM underground

    Shane Lasley, Mining News|Updated Feb 16, 2024

    Seabridge Gold Inc. Feb. 5 reported that a recalculation based on block cave mining methods has significantly expanded the quantities of gold, copper, and silver within the Iron Cap and Kerr deposits at its world-class KSM project in British Columbia's Golden Triangle. In 2022, Seabridge published the results of a prefeasibility study for open-pit mining of the Mitchell, East Mitchell, and Sulphurets deposits at KSM that would produce an average of more than 1 million ounces...

  • A bright orange sunset over the mountains in Yukon, Canada.

    Banyan adds 1 million oz gold to AurMac

    A.J. Roan, Mining News|Updated Feb 16, 2024

    Banyan Gold Corp. Feb. 7 announced an updated mineral resource estimate for its AurMac gold project in Yukon, Canada, climbing its total to 7 million ounces of gold. "With the AurMac resource now at 7 million ounces; 6.2 million ounces in the Powerline deposit alone, we can focus on delineating higher-grade zones, increase the confidence in the resource and further de-risk the project," said Banyan Gold President and CEO Tara Christie. This marks an increase of 1 million oz...