The mining newspaper for Alaska and Canada's North

Articles from the March 3, 2023 edition

Sorted by date  Results 1 - 13 of 13

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

    More exceptional Arctic drill results

    Shane Lasley, Mining News|Updated Mar 30, 2023

    Trilogy Metals Inc. Feb. 27 reported another batch of high-grade assays from infill drilling the world-class Arctic copper-zinc-lead-gold-silver deposit in the Ambler Mining District of Northwest Alaska. "The latest infill and geotechnical holes continue to demonstrate very high grades of polymetallic metals over impressive widths in the shallowest parts of the deposit," said Trilogy Metals President and CEO Tony Giardini. The high-grade volcanogenic massive sulfide deposit at...

  • Silver bars and a balance scale with gold on one side and weights on the other.

    North of 60 Mining M&A activity heats up

    Shane Lasley, Mining News|Updated Mar 23, 2023

    From competing offers for an exploration company with large and intriguing mineral projects in the Yukon, to the world's largest gold miner making a US$17 billion bid to buyout an Australian mining company with two producing assets in British Columbia's Golden Triangle, February was a big month for mergers and acquisitions in the North of 60 Mining News coverage area. Three M&A proposals were put forward in February that would create a shift in the North of 60 mining sector...

  • A breathtaking photo of the Denali National Park in Alaska.

    Alaska can fuel American clean energy

    A.J. Roan, Mining News|Updated Mar 23, 2023

    ANCHORAGE, Alaska: Gathering together leaders, decision-makers, and experts toward the common goal of understanding the value of Alaska's mineral endowment and how to unlock it for America's net-zero emission goals, the U.S. Department of Energy's Office of Fossil Energy and Carbon Management hosted a two-day workshop bringing attention to carbon management and critical minerals and how the Last Frontier will be a keystone in achieving the country's lofty ambition. Held at...

  • Aerial view of drill testing for uranium on tundra next to a fog covered lake.

    Uranium explorers return to Far North

    Rose Ragsdale, For Mining News|Updated Mar 23, 2023

    While lithium deposits are sparking fresh interest in Canada's northernmost territory, uranium is also spurring exploration companies to venture north this year to search for mineral riches in Nunavut. After a prolonged slump dating back to the recession in 2008, uranium prices are beginning to rebound as nuclear-generated power gains global acceptance as a viable source of affordable green energy. At least two companies, ValOre Metals Corp., and Forum Energy Metals Corp., are...

  • Capitol dome in Washington DC with crack down middle over the American flag.

    America's regulatory system is broken

    J. P. Tangen, Special to Mining News|Updated Mar 11, 2023

    As America gravitates toward an increasingly strong central government, the disparity of the regulatory system is becoming increasingly blatant. This is not the view of a few, it is the concern of the many. Too often the problem is politicized. The left wants more government, the right wants less. But this problem is not a political football. It is a national problem with an available solution. Beginning in the earliest days of the nation, there was tension with regard to how... Full story

  • Rock hammers show scale of orange-stained nickel-cobalt-PGE mineralization.

    Alaska Energy Metals makes its debut

    Shane Lasley, Mining News|Updated Mar 11, 2023

    Millrock Resources Inc. March 1 announced that it is shifting its focus to exploration of Nikolai, an Alaska project prospective for a large deposit of critical energy metals such as nickel, copper, cobalt, and platinum group elements. As part of this shift in focus, the company plans to change its name to Alaska Energy Metals Corp. and complete a 10-to-one share consolidation. "Despite strong execution of the project generator model over the past few years, Millrock's share...

  • The CN Tower in Toronto, Canada, is just shy of Snowline's longest drillhole.

    Snowline cuts CN Tower-long gold intercept

    A.J. Roan, Mining News|Updated Mar 11, 2023

    Snowline Gold Corp. Feb. 24 announced its latest preliminary assay results from the 2022 drilling program at Rogue, reporting one hole that exceeded expectations and resulted in the longest continuously mineralized interval drilled at the Valley target to date. Found within the Selwyn Basin near Yukon's eastern border with Northwest Territories, Rogue is an 11,227-hectare (27,743 acres) property that comprises 442 mineral claims with a main block that covers a roughly nine-kil...

  • A bird's eye view of drill cores staged on pallets at Banyan's AurMac camp.

    Final 2022 assays for Banyan's AurMac

    A.J. Roan, Mining News|Updated Mar 11, 2023

    Banyan Gold Corp. Feb. 27 announced the analytical results from the final 57 diamond drill holes from the company's 2022 drill program at AurMac, a massive influx that further establishes the viability and prospectivity of this northern Canadian gold project. Located approximately 56 kilometers (35 miles) northeast of the village of Mayo, Banyan Gold's flagship property lies within the similarly named Mayo Mining District. Consisting of the Aurex and McQuesten projects optione...

  • Sunset over Fireweed Metals' Macmillan Pass project in Yukon, Canada.

    Boundary Zone zinc continues to impress

    A.J. Roan, Mining News|Updated Mar 11, 2023

    Fireweed Metals Corp. Feb. 27 announced the latest drill results from its 2022 drill program from Boundary Zone, which includes a noteworthy intercept that cut 105 meters averaging 8.4% zinc and 12.1 grams per metric ton silver from surface, with subsections that show spectacular high-grade zinc mineralization. "Boundary Main Zone continues to impress with not only the wide tenor of mineralization but also with high-grade intervals," said Fireweed Metals CEO Brandon...

  • Map of the recent assays returned from Minto East copper discovery.

    Discovery highlights Minto potential

    A.J. Roan, Mining News|Updated Mar 11, 2023

    Minto Metals Corp. Feb. 28 announced with the results from its 2022 exploration program at the Minto Mine a new lens discovery at Minto East that returned multiple holes of high-grade copper and could add new resources for this northern Yukon miner. According to the most recent calculation, Minto hosts 11.09 million metric tons of measured and indicated resource averaging 1.46% (356 million lb) copper, 0.53 grams per metric ton (189,000 oz) gold, and 4.75 g/t (1.86 million...

  • Map showing Bathurst Inlet in Nunavut, Canada.

    North Arrow adds lithium project to ranks

    A.J. Roan, Mining News|Updated Mar 11, 2023

    North Arrow Minerals Inc. Feb. 27 announced it has acquired the option to purchase the Bathurst Inlet lithium property in Nunavut, shifting its diamond expertise into the highly demanded battery mineral sector. With the southernmost mineral claim lying roughly 12 kilometers (7.5 miles) from Sabina Gold and Silver's port facility servicing the Back River gold mine project, North Arrow's new lithium property covers a series of mapped and interpreted pegmatite intrusives...

  • The Pogo Mine can be seen behind a drill testing for gold on a fall Alaska day.

    Resolution and Millrock eye East Pogo

    Shane Lasley, Mining News|Updated Mar 11, 2023

    Millrock Resources Inc. Feb. 24 announced that Resolution Minerals Ltd. has now earned a 51% interest in 64 North and continued exploration of this gold project in Alaska's Goodpaster Mining District will be carried out under a joint venture between the two companies. 64North is a district-scale land package assembled by Millrock that consists of nine claim blocks – West Pogo, Shaw, Eagle, LMS-X, South Pogo, East Pogo, North Pogo, Last Chance and Divide – covering roughly 160...

  • Map of the CRD and porphyry drill targets around historical Illinois Creek mine.

    New Waterpump drill targets identified

    Shane Lasley, Mining News|Updated Mar 11, 2023

    Western Alaska Minerals Corp. Feb. 28 reported that updated interpretations of geological, geochemical, and geophysical surveys have identified multiple targets for an up to 17,000-meter 2023 drill program around the high-grade Waterpump Creek silver deposit on the company's Illinois Creek property about 300 miles west of Fairbanks, Alaska. "Our rapidly growing data sets have defined some very exciting targets for our upcoming program," said Western Alaska Minerals President...