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Articles from the May 15, 2016 edition

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  • SuperLig stage one a success, pilot plant creates pure REEs

    Updated Feb 1, 2018

    Ucore Rare Metals Inc. May 9 reported that the SuperLig-One rare earth element separation pilot plant has successfully created 99 percent pure rare earths from a pregnant leach solution derived from the company's Bokan-Dotson Ridge project in Southeast Alaska. SuperLig-One, designed and constructed by Utah-based IBC Advanced Technologies Inc., utilizes a highly-selective process known as molecular recognition technology to isolate rare earth elements suspended in a solution. During the initial stage of testing the pilot...

  • Tetlin drilling finds Connector; could link North, Peak deposits

    Shane Lasley|Updated May 15, 2016

    Contango ORE Inc. May 5 posted results from the first-ever winter drill program carried out on the Tetlin properties near Tok, Alaska. Peak Gold, a limited liability joint venture managed by a subsidiary of Royal Gold Inc., invested roughly US$1.9 million in this initial 2016 program focused on exploring at and around the Peak Zone gold deposit at Tetlin. A 2014 resource for the Peak Zone outlines 6 million metric tons averaging 3.46 grams-per-metric-ton gold, 11 g/t silver... Full story

  • Milder winter weather equals more gold at Fort Knox Mine

    Shane Lasley|Updated May 15, 2016

    Kinross Gold Corp. May 10 reported that its Fort Knox Mine near Fairbanks, Alaska, produced 87,800 ounces of gold during the first quarter, compared with 82,673 oz. during the first three months of 2015. The company attributes the 5,127-oz. increase to improved mining and heap leach operations due to mild weather. The per-ounce cost of Fort Knox gold sold during the quarter was US$705, compared with US$672 during the same period last year. Kinross said the five percent cost...

  • Partners seek new VMS deposits, prepare to extend road at Palmer

    Shane Lasley|Updated May 15, 2016

    Constantine Metal Resources Ltd. May 9 outlined plans for a US$3.7 million work program at the Palmer volcanogenic massive sulfide project in Southeast Alaska. This work will include a drill program to test several exploration targets located within a 3,000-meter radius of the resource identified in the RW and South Wall zones of the Glacier Creek deposit. In 2015, Constantine published an inferred resource of 8.125 million metric tons averaging 1.41 percent (252.6 million...

  • Skeena to add resource, test new Spectrum targets

    Shane Lasley|Updated May 15, 2016

    Skeena Resources Ltd. May 9 unveiled plans for a 10,000-meter drill program this year at its Spectrum gold-copper project in northwestern British Columbia. Roughly 6,000 meters of this drilling will focus on expanding the Central Zone, which hosts 8.95 million metric tons of indicated resource averaging 1.04 grams per metric ton (290,000 ounces) gold, 6.58 g/t (1.82 million oz.) silver and 0.11 percent (20.835 million pounds) copper. Additionally, the deposit hosts 22.63... Full story

  • New Northwest Territories diamond mine nears

    Shane Lasley|Updated May 15, 2016

    Mountain Province Diamonds Inc. May 9 reported that development of the Gahcho Kué diamond mine in Northwest Territories is roughly 94 percent complete and on track for first production during the second half of 2016. Mountain Province President and CEO Patrick Evans said, "Mechanical completion has been achieved at the process plant and truck shop, and we are on schedule to achieve mechanical completion of the primary crusher during the current quarter. Key areas of focus...

  • Strategic phase 1 work seeks Yukon drill targets

    Shane Lasley|Updated May 15, 2016

    Strategic Metals Ltd. May 10 reported a budget of C$820,000 for an initial phase of field work at some of its precious metal projects in Yukon Territory. The program will systematically advance high-grade discoveries made in 2015. Upon receiving phase-1 results, Strategic will consider a second phase of diamond drilling program at one or more properties. At the road-accessible Hopper property, heritage studies and road construction will be undertaken along the up-dip... Full story

  • Bad faith in Fortymile

    Shane Lasley, Mining News|Updated May 15, 2016

    U.S. District Court Judge Sharon Gleason slammed federal attorneys representing the U.S. Bureau of Land Management for acting in "bad faith" while stalling the resolution of Alaska's ownership of lands under the navigable Mosquito Fork in the Fortymile Mining District. Alaska, like all other states in union, owns the beds of navigable waters within its borders. This state ownership of these important trade transportation routes is protected by the United States Constitution....

  • Kaminak de-risks Coffee; revives exploration roots

    Shane Lasley|Updated May 15, 2016

    Kaminak Gold Corp. May 5 posted a C$29 million budget for the 2016 program at its Coffee Gold project in Yukon Territory. Nearly half of the 2016 budget (C$13.9 million) has been allocated to mine permitting; another C$6.2 million will be spent on pre-development and advanced engineering; and C$5 million has been earmarked for exploration. The remaining funds will be set aside for general and administrative expenses, marketing and the opening of offices in Whitehorse and Dawso... Full story