The mining newspaper for Alaska and Canada's North

Articles from the April 12, 2024 edition

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  • Geologists in safety gear traverse heavily mineralized rocks.

    KSM partner tops Seabridge's 2024 goals

    Shane Lasley, Mining News|Updated May 8, 2024

    Board assigns 15 goals to corporate "report card" for 2024; half the grade hinges on performance at KSM, including entering into a JV by year's end. Seabridge Gold Inc. April 11 announced that its primary objective for 2024 is to enter into "a joint venture agreement on the KSM project with a suitable partner on terms advantageous to Seabridge shareholders." Each year, Seabridge's board of directors assembles a list of objectives for which to measure the company's annual...

  • Drone shot of a drill rig atop a ridge at RC Gold project.

    Sitka eyes VG ahead of drilling pause

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

    Two holes snuck in during winter reveal visible gold, company enters standby for spring melt. Sitka Gold Corp. April 9 announced it has intercepted visible gold in the second hole drilled during its 2024 winter program at the company's RC Gold project in Yukon, Canada. Located within the central region of Canada's Yukon Territory, in the prolific Tombstone Gold Belt, RC Gold is found roughly midway between Victoria Gold Corp.'s Eagle Gold mine and the Brewery Creek gold mine...

  • An adit cut out of a rocky ridge at Mon gold mine.

    Sixty North on track to restart Mon mine

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

    Company plans to construct a temporary camp to aid in upcoming start of high-grade gold mine. Sixty North Gold Mining Ltd. April 9 announced that its plans to establish a modern operation at the past-producing Mon high-grade gold mine will begin with the installation of a temporary camp to replace the damages caused by the wildfires that ravaged Canada's Northwest Territories last year. Sixty North is focused on restarting gold production at Mon – a project about 40 k...

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

    Freegold ramping up 2024 drill program

    Shane Lasley, Mining News|Updated May 8, 2024

    Drilling will test for shallower and higher-grade mineralization west of 20-million-oz deposit in preparation for Golden Summit economic study. Freegold Ventures Ltd. April 10 announced that it is ready to begin a 2024 exploration program at Golden Summit that will include drilling, metallurgical testing, and other work ahead of completing an economic study for the 20-million-ounce gold project about 25 highway miles north of Fairbanks, Alaska. According to a resource calculat... Full story

  • A driller tests for gold as the snow melts on a spring day in Alaska.

    Felix Gold preps for NW Array resource

    Shane Lasley, Mining News|Updated May 8, 2024

    With metallurgical tests returning an average of 90% gold recoveries, Felix looks ahead to first resource calculation for emerging gold deposit. Felix Gold Ltd. April 10 reported that recent metallurgical test work returned strong gold recoveries for the oxidized material within the Northwest Array (NW Array) target at Treasure Creek, which lays the groundwork for calculating a maiden resource for this gold-antimony project about 12 miles west of Kinross Gold Corp.'s Fort...

  • Wide band of brilliant green northern lights over a gold mine in the Yukon.

    Eagle Mine produces 29,580 oz gold in Q1

    Shane Lasley, Mining News|Updated May 8, 2024

    Quarterly production expected to climb sharply as spring and summer weather warms the heap leach pad at Victoria Gold's mine in Canada's North. Victoria Gold Corp. April 10 announced that its Eagle Mine in the Yukon produced 29,580 ounces of gold during the first quarter of 2024, which is about 21% less than the first three months of last year. Despite starting off well below the pace to produce the roughly 175,000 oz projected for this year, the company is confident that... Full story

  • Banks of clouds above and below the Ascot mill on a winter day in BC.

    Ascot feeds gold ore into Premier mill

    Shane Lasley, Mining News|Updated May 8, 2024

    The newest mine in B.C.'s Golden Triangle remains on pace to pour its first gold later this month. Ascot Resources Ltd. April 5 began feeding ore into the mill at Premier, marking the official start of a new era of production at this historical gold-silver operation on Nisga'a Nation Treaty Lands at the southern tip of British Columbia's prolific Golden Triangle. Premier, which lies about 15 kilometers (nine miles) north of Stewart, B.C., is home to a past-producing gold mine...

  • Colorful sunset reflects off photovoltaic panels at a large solar power plant.

    Hecla's Q1 silver production jumps 43%

    Shane Lasley, Mining News|Updated Apr 20, 2024

    Company tracks toward 17 million oz of silver in 2024 as the clean energy transition powers large increases in demand for precious industrial metal. With increased output at its mines in Alaska, Idaho, and Yukon, Hecla Mining Company produced 4.2 million ounces of silver during the first three months of 2024, a 43% jump over the 3.3 million oz produced during the previous quarter. "The 43% increase in silver production reflects the consistent, strong performance from Greens... Full story