The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 8 of 8
When most people think about the metals driving the alternative energy revolution, lithium, vanadium, cobalt and rare earths spring to mind. As recently reported by EE Times Europe, "Copper is an important raw material for the electronics industry, being the most widely used conductor for PCB, wiring, and connector manufacturing. The average person, however, might not realize this, thinking that copper is some kind of old metal on which there is no progress to be made." There...
Freegold Ventures Ltd. Feb. 9 said crews are preparing for the start of the 2022 drill program at the company's highway-accessible Golden Summit project about 25 miles north of Fairbanks, Alaska. An initial 20,000-meter drill program slated for this year will target the continued expansion of the higher-grade gold mineralization encountered within the Dolphin deposit and adjacent Cleary Hill area over the past two years. Prior to 2020, most of the drilling at Golden Summit...
The Alaska Industrial Development and Export Authority and Ambler Metals LLC have agreed to equally fund $30.8 million for a 2022 field program to advance the Ambler Access Project, a proposed 211-mile road that serves as an Alaskan epitome of connecting the aspirations of a low-carbon future with the large volumes of minerals and metals required to build the electric vehicles and renewable energy infrastructure that will make the green energy future a reality. The World Bank...
Sabina Gold & Silver Corp. Feb. 8 announced it has finalized a US$520 million financing package to fund construction and development of the Goose Mine on the company's Back River gold project in Nunavut, Canada. "This is a major milestone for Sabina," said Sabina Gold President and CEO Bruce McLeod. A feasibility study that was updated in 2021 contemplates mining 18.7 million metric tons of ore from the Goose Mine averaging 6 g/t gold. At a recovery rate of 93.4%, this...
ATAC Resources Ltd. Feb. 10 announced that it has signed a letter of intent to option the 151.5-square-kilometer (58.5 square miles) PIL copper-gold-silver property from Finlay Minerals Ltd. Located about 15 kilometers (nine miles) east of Benchmark Metals' Lawyers gold-silver project, the road-accessible PIL property covers numerous highly prospective copper-gold porphyry and epithermal gold-silver targets within a prolific and highly active part of BC's Golden Horseshoe....
White Gold Corp. Feb. 10 announced that the maiden diamond drill program at Ulli's Ridge has cut high-grade gold at this discovery target about 3,000 meters southwest of the Golden Saddle and Arc deposits on the company's White Gold property in the Yukon. The Golden Saddle and Arc deposits host 15.6 million metric tons of indicated resource averaging 2.28 grams per metric ton (1.14 million ounces) gold; and 9 million metric tons of inferred resource averaging 1.39 g/t...
Rockhaven Resources Ltd. Feb. 7 said the latest batch of assay results from the 2021 drill program at Klaza show the potential to expand and upgrade the resource within Western BRX Zone on the gold-silver property in southern Yukon. A 2020 preliminary economic assessment for Klaza outlines plans for a mine that would produce roughly 750,000 ounces of gold and 13.8 million oz of silver over 12-years. This scoping level study is based on 4.46 million metric tons of indicated res...
Goldrich Mining Company Feb. 8 announced that it plans to carry out a roughly 4,000-meter drill program this year at its Chandalar gold property in northern Alaska. Located about 190 miles north of Fairbanks, the 23,000-acre Chandalar property hosts rich deposits of placer gold and several hardrock gold occurrences and historic mines. Drilling carried out by Goldrich in 2010 outlined an estimated 250,000 ounces of placer gold in 10.5 million cubic yards of gravel in the Little...
