The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 10 of 10
One of the most common complaints I hear from companies and individuals working in the mineral industry in Alaska is our deplorable lack of modern, usable-scale digital geophysical and geologic maps. How bad is it? Consider this: the U.S. Geological Survey has estimated that less than 2 percent of Alaska has acceptable geophysical data coverage, and less than 20 percent has been geologically mapped at a scale useful to evaluate the state's mineral resources. Nobody will deny...
Nighthawk Gold Corp. May 22 said preliminary metallurgical testing on material from the Colomac gold project on its Indin Lake property in Northwest Territories returned favorable recoveries for all process options. "Although at the early stages of metallurgical test-work, the results to-date describe Colomac rock as exceptional in terms of grind characteristics, gold recoveries, purity, and responsiveness to all standard gold recovery technologies," said Nighthawk President...
Aben Resources Ltd. May 23 said it plans to undertake a 5,000-meter drill program this year at its Forrest Kerr gold property located in northwestern British Columbia`s Golden Triangle region. Slated to start mid-June, this drilling will initially focus on the expansion of high-grade precious metal mineralization discovered at the Boundary North zone last summer. One such hole, FK17-04, cut 10 meters of 6.7 grams per metric ton gold, 6.4 g/t silver and 0.9 percent copper. The...
Cook Inlet Region Inc., also known as CIRI, May 21 informed shareholders that its board of directors oppose "Yes for Salmon," a ballot initiative slated to be put before Alaska voters during the November general election. In Raven's Circle, a monthly newsletter to shareholders, CIRI said the Yes for Salmon, also referred to as Stand for Salmon, ballot initiative would overhaul regulations affecting virtually any type of project in Alaska. CIRI, one of twelve land-based Alaska...
Goldstrike Resources Ltd. May 22 said it is mobilizing for the 2018 exploration program at Lucky Strike and other properties it holds in Yukon's White Gold District. This year's exploration will follow-up on the success Goldstrike had on the Lucky Strike property in 2017, where the company completed the first ever drilling into the property's Monte Carlo zone. The company narrowed drill targets at Monte Carlo with trenching in 2016. One trench dug at this 1,400- by 350-meter...
Peregrine Diamonds Ltd. May 23 published an updated preliminary economic assessment at Chidliak that shows a substantial increase in the diamonds recovered and financial returns from an initial phase of development at this project in Nunavut. In 2016, the company completed a PEA for Chidliak that envisioned a phase-1 mine that would produce an average of 1.2 million carats per year over an initial 10-year mine life. This mine was calculated to produce an after-tax net present...
In an initial move to implement President Donald Trump's strategy to break the United States' growing reliance on foreign countries for minerals and metals vital to its security and economy, the U.S. Department of Interior published a final list of 35 critical minerals on May 18. An executive order signed by President Trump in December instructed Secretary of Interior Ryan Zinke, in consultation with Secretary of Defense James Mattis, to identify and publish a list of...
In a report published in December, the United States Geological Survey defined critical minerals as non-fuel minerals or mineral materials essential to the economic and national security of the United States; vulnerable to supply chain disruptions; and serve an essential function in the manufacturing of a product, the absence of which would have significant consequences for the U.S. economy or security. Using this definition, USGS has identified 35 minerals critical to the...
Cobalt is an essential ingredient to optimizing the performance of batteries in the growing number of electric vehicles on global highways, yet essentially none of this battery metal is mined in the United States. With at least one advanced stage exploration project in Alaska looking into the potential of producing cobalt alongside its copper, America's 49th State could provide a domestic source for this critical metal. In its annual report, Mineral Commodity Summaries 2018,...
Undoubtedly, one of the most fun parts of my vocation is introducing Cheechakos to mining in Alaska. Obviously, even the most experienced miners in the state can, and often do, get cross-wise with the impenetrable rules and regulations of which Alaska seems to boast. For these newcomers to Alaska, the risk of failure for political reasons far exceeds the risks of failing to find gold and other valuable minerals. The very first layer of complexity is the land status. As most...
