The mining newspaper for Alaska and Canada's North

Articles from the March 15, 2024 edition

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  • A band of green aurora over a drill testing for gold on an Alaska winter night.

    Investors pile onto Freegold financing

    Shane Lasley, Mining News|Updated May 8, 2024

    Gold explorer's expanded C$10 million financing will fund ongoing resource expansion and exploration at Golden Summit. Freegold Venture Ltd. March 8 announced plans to raise C$10 million (US$7.4 million) to continue exploration at its 20-million-ounce Golden Summit gold project about 25 miles north of Fairbanks, Alaska. The financing is double what was originally proposed, thanks to strong interest from investors. The Dolphin-Cleary deposit at Golden Summit hosts 407.5... Full story

  • A photo overlooking the capital city of Yukon, Whitehorse.

    Whitehorse hearing to ban all mining in city

    A.J. Roan, Mining News|Updated May 8, 2024

    City officials hold meeting to discuss potential amendment to City Plan, includes complete prohibition of mineral exploration and mine development within city limits. In the face of the ongoing green energy transition, in which critical metals such as copper have been labeled as the "new oil," members of the public occupied every seat within the Whitehorse City Council chambers on Monday evening as it discussed the possibility of completely banning all mining activities...

  • Welcoming sign at the Don Lindsay Teck Award in Mining Engineering event.

    Mining scholarships honor former Teck CEO

    Shane Lasley, Mining News|Updated Mar 15, 2024

    Don Lindsay Teck Award in Mining Engineering contributes $2 million to foster the next generation of mining talent at UBC and Queen's University. In a fitting tribute to former president and CEO Don Lindsay, Teck Resources Ltd. has awarded C$2 million to establish scholarships for mining engineering students at Canada's two largest mining schools – the Norman B. Keevil Institute of Mining Engineering at the University of British Columbia and the Robert M. Buchan Department of... Full story

  • Webster points out mineralization in core to young geologist.

    Thesis hits high-grade gold and copper

    Shane Lasley, Mining News|Updated Mar 14, 2024

    7 drilling expands Bingo Zone on Ranch property; new gold-silver-copper expansion targets and porphyry potential emerge. Thesis Gold Inc. March 12 reported that high-grade gold, along with associated silver and high-grade copper, drilled at the Bingo Zone enhances the upside potential of the company's Ranch project in Northern British Columbia. Located in the Toodoggone mining district east of B.C.'s Golden Triangle, Ranch is the northern half of a 325-square-kilometer...

  • Map of all Sitka Gold’s exploration projects in North America.

    Sitka assessment of extensive NA portfolio

    A.J. Roan, Mining News|Updated Mar 14, 2024

    Company informs on numerous projects throughout North America, reaffirms focus on Yukon's RC Gold project. Sitka Gold Corp. March 14 reported an assessment of its gold, silver, and copper properties throughout North America, realigning its strategies and updating the current state of its operations. Varying from grassroots and discovery-stage properties to advanced-stage projects that include the recent discovery of a significant gold deposit at RC Gold, the company states...

  • Map of Pacific Ridge’s Northern BC copper-gold exploration properties.

    Pacific Ridge provides BC project update

    Shane Lasley, Mining News|Updated Mar 14, 2024

    Showcases potential of copper-gold projects in the prolific Quesnel terrane. Pacific Ridge Exploration Ltd. March 13 provided an overview and exploration plans for its copper-gold projects in northcentral British Columbia. "We now own, or control five copper-gold porphyry projects located in the prolific Quesnel and Stikine terranes in northcentral B.C. and are inarguably one of the province's leading copper-gold exploration companies," said Pacific Ridge Exploration...

  • Map of Canadian critical minerals project held by Narryer.

    Narryer picks up Yellowknife Li projects

    Shane Lasley, Mining News|Updated Mar 14, 2024

    Australian explorer acquires interest in lithium-tantalum project in Northwest Territories' famed Yellowknife Pegmatite Province. Narryer Metals Ltd. March 12 announced that it has entered into an agreement to acquire a 70% interest in the Big Hill and Fran lithium-tantalum projects in Yellowknife Pegmatite Province in Canada's Northwest Territories. "Canada will be the first part of the supply chain for future lithium battery development in North America, and Narryer Metals...

  • Cantex geologist stands on steep slope overlooking Yukon mountains.

    Cantex reports success for bulk germanium

    A.J. Roan, Mining News|Updated Mar 14, 2024

    Assessed five techniques, narrowed them down, and determined zinc is the key. Cantex Mine Development Corp. March 14 announced that the company has determined a reliable method to verify the bulk concentration of germanium as it continues to advance its North Rackla project in Yukon, Canada. Reported for potential germanium in Feb. 2023, Cantex announced then the discovery of a roughly 2,500-meter-long, massive sulfide trend enriched with much more than the gold, silver,...

  • Helicopter flying supplies to remote drill rig near Fi pegmatite.

    Good lithium, assay consistency from Li-FT

    A.J. Roan, Mining News|Updated Mar 14, 2024

    Cursory review has 2023 assays completed and has continued reporting results on a timely basis. Li-FT Power Ltd. March 13 announced results for eight drill holes completed at its Near Field Group of lithium pegmatites on the company's Yellowknife Lithium project. With the rollover from its 2023 drilling, right into this year's results, the company has kept up momentum toward delineating the extent of mineralization held within the Yellowknife Pegmatite Province of Northwest...