The mining newspaper for Alaska and Canada's North

Articles from the February 17, 2023 edition


Sorted by date  Results 1 - 9 of 9

  • Fireweed Metals crew holding a briefing on a slope at Macmillan Pass, Yukon.

    Fireweed reports assays keep continuity

    A.J. Roan, Mining News|Updated Oct 25, 2023

    Fireweed Metals Corp. Feb. 15 announced additional assay results from the 2022 drill program at Boundary West on the company's Macmillan Pass project, including several significant step-outs that demonstrate the target zone carries good grade and continuity. A road-accessible project in eastern Yukon near the border with Northwest Territories, the 544-square-kilometer (210 square miles) Macmillan Pass project blankets a roughly 55-kilometer- (34 miles) long trend of zinc,...

  • Closeup of a finger pointing to high-grade mineralization in Arctic drill core.

    Economics of Arctic Mine remain robust

    Shane Lasley, Mining News|Updated Mar 2, 2023
    1

    Trilogy Metals Inc. Feb. 14 reports that while rising costs and challenging supply chains have weighed on the economics of building and operating a mine at Arctic, an updated feasibility study shows that an open-pit copper-zinc-lead-silver-gold mine at this Northwest Alaska project continues to produce healthy financial returns. Arctic is a high-grade volcanogenic massive sulfide deposit that is part of the district-scale Upper Kobuk Mineral Projects being advanced by Ambler...

  • A large plane lands during the winter at a gold exploration camp in Nunavut.

    B2Gold makes C$1.1B offer for Sabina

    Shane Lasley, Mining News|Updated Mar 2, 2023

    Looking to add a high-quality, development-stage gold mine project in Canada to its portfolio, B2Gold Corp. has made a roughly C$1.1 billion (US$820 million) offer to buy out Sabina Gold & Silver Corp., owner of the Back River gold project in Nunavut. Back River is a district-scale project that includes five claim blocks along an 80-kilometer (50 miles) belt in the Kitikmeot region of western Nunavut. In September, Sabina's board officially approved the development of a...

  • Molten gold being poured into bars at Kinross Alaska’s Fort Knox Mine.

    Gold and ESG honors for Kinross Alaska

    Shane Lasley, Mining News|Updated Mar 2, 2023

    Kinross Alaska gold output rises; restoration of fish habitat near Hope supports company ESG strategy. Continuing a steady rise in annual gold output, Kinross Gold Corp.'s Fort Knox Mine produced 291,248 ounces of gold in 2022, a roughly 10% increase over the 264,283 oz recovered at the Interior Alaska operation during 2021. This upward trajectory reflects the early stages of the Kinross Alaska strategy, which is expected to see the annual gold output of the mill at Fort Knox...

  • Closeup of core with bonanza-grade silver, zinc, and lead mineralization.

    Highest ever silver reserves for Hecla

    Shane Lasley, Mining News|Updated Mar 2, 2023

    With 50M oz from Keno Hill, Hecla's silver reserves top 240M oz in 2023. With the addition of the Keno Hill Mine in the Yukon, Hecla Mining Company now has more than 240 million ounces of silver in reserves, the highest in the company's 131-year history. "Hecla's silver reserves are an all-time high," said Hecla Mining CEO Phillips Baker, Jr. For more than a decade, it has become customary for Hecla's exploration team to find enough new ore at its operations to more than repla...

  • A helicopter flying into ATAC Resources' Rackla Gold property camp.

    Victoria presses ATAC for acquisition

    A.J. Roan, Mining News|Updated Mar 2, 2023

    Over a month ago, ATAC Resources Ltd. received a surprise proposal from Yukon neighbor Victoria Gold Corp. to acquire 100% of its shares. Feeling the offer inadequate, the Yukon and British Columbia-focused mineral exploration company declined. Victoria, which believes its offer to be more than fair, brought the deal public on Feb. 13 and declared a notice of expiry for ATAC to reconsider the offer before the week is out. ATAC is best known for its Rackla Gold property, a...

  • The outside of a modern adit on Blackwolf’s Niblack property.

    New MRE announced for Blackwolf's Niblack

    A.J. Roan, Mining News|Updated Feb 16, 2023

    Blackwolf Copper and Gold Ltd. Feb. 16 announced, after more than a decade, an updated mineral resource estimate for its Niblack property in Southeast Alaska. "Our updated mineral resource estimation includes subsequent rounds of drilling as compared to the previous 2011 mineral resource estimate as well as cost parameter guidance from current underground operations, in accordance with the new CIM (Canadian Institute of Mining, Metallurgy and Petroleum) guidelines," said...

  • A geologist surveying an outcrop at the Klondike District gold project.

    Klondike Gold options new properties

    A.J. Roan, Mining News|Updated Feb 16, 2023

    Klondike Gold Corp. Feb. 16 announced its plans to acquire the Quartz and Sulphur properties from C2C Gold Corp., located in the Dawson Mining District in Yukon, Canada, which would increase its land holdings by 27%. "We welcome the opportunity to consolidate our land position covering the prospective southeast side of the Klondike District into one contiguous district-spanning claim group," said Klondike Gold CEO Peter Tallman. "The claim package will allow systematic explora...

  • Map with 3D shape of the gold-silver deposits and mill location at Lawyers.

    Benchmark eyes deeper Lawyers potential

    Shane Lasley, Mining News|Updated Feb 10, 2023

    Benchmark Metals Inc. Feb. 10 reported that it will focus its 2023 programs at Lawyers on work to advance the gold-silver mine project in Northern British Columbia to feasibility and permitting. This includes artificial intelligence-supported resource modeling to delineate and explore the underground expansion potential of the deposits at Lawyers. "Benchmark has significant potential to leverage already drilled mineralization below the open pits to add high-grade gold and...

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