The mining newspaper for Alaska and Canada's North
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As almost everyone knows, if you want to do something, anything at all, in our deeply-regulated society you have to take your hat in your hand, bow deeply before the local personification of the government, be it federal, state or local, pay the posted homage and say the magic words "May I ...?" Whereupon, the "authorized agent" strokes his or her chin thoughtfully, consults with a wide variety of "experts", engages the general public, through notices and hearings and... Full story
The summer field season is in full bloom across Alaska with programs stretching from the Brooks Range to southeastern Alaska, and from the Yukon border to southwestern Alaska. Exploration targets range from grassroots to mine-site, focused on commodities including gold, silver, lead, zinc, copper, cobalt and graphite. For Alaska's exploration industry, planned, announced and estimated expenditures are well over the $100 million mark for 2018. This expenditure level is well... Full story
Goldstrike Resources Ltd. June 27 said drills are turning on its 156-square-kilometer (60 square miles) Lucky Strike gold property in the heart of the Yukon's White Gold District. Following up on the 1,033-meter maiden drill program carried out last year, the 2018 drill program begins at the Monte Carlo zone, a 1,400- by 350-meter geochemical anomaly where trenching has returned long sections of gold comparable to trenches that led to the discovery at Goldcorp's Coffee gold...
Ascot Resources Ltd. June 25 reported that drilling has cut high-grade gold-silver mineralization at Big Missouri ridge, a target about 5,000 meters north of the Premier-Northern Lights area of the company's Premier-Dilworth property in the Golden Triangle region of northwestern British Columbia. The more than 100-square-kilometer (38.6 square miles) Premier-Dilworth property is home to the Premier Mine, a past-producer of 2.1 million ounces of gold and 44.9 million oz...
Nighthawk Gold Corp. June 26 reported high-grade gold intercepts from recent drilling at North Inca, one of four gold deposits within the Leta Arm gold project on the Indin Lake property in Northwest Territories. "Leta Arm is one of our principal projects, and a prime example of the type of emergent opportunity that exists in this juvenile gold camp. Given the camp's underexplored nature, we believe that many other prospects of similar magnitude remain to be discovered," said...
Fireweed Zinc Ltd. June 26 said it has begun a planned 10,000-meter drill program aimed at expanding and upgrading the high-grade zinc resource at Macmillan Pass, as well as exploring for new deposits across the company's 470-square-kilometer (181 square miles) project in Selwyn Basin of southeastern Yukon. "With a healthy treasury, we are planning to both drill to expand and upgrade our mineral resource and carry out aggressive exploration toward making new discoveries,"...
Rockhaven Resources Ltd. June 21 published an updated mineral resource estimate for the high-grade Western BRX, Central BRX, Central Klaza, and Western Klaza zones at its Klaza project in southern Yukon with 686,000 ounces of gold in the indicated category and 507,000 oz in the inferred category. The updated resource incorporates results from roughly 13,300 meters of in-fill and expansion drilling completed since the previous estimate in 2015. Bulk tonnage, low-grade...
Development of the high-grade Lucky Shot gold mine near Willow Alaska has been suspended and the future of the project is up to the Singapore-based equity firm that is the new owner. In a June 6 announcement, Miranda Gold Corp. reported that Gold Torrent Inc., the Idaho-based company seeking to develop a small but high-grade mine at Lucky Shot, had failed to complete a share financing required to hold ownership of the development project. Gold Torrent, which held a 70 percent...
A vital ingredient in stainless steel and superalloys, chromium is considered by the United States Geological Survey as "one of the Nation's most important strategic and critical materials." "Because there is no viable substitute for chromium in the production of stainless steel and because the United States has small chromium resources, there has been concern about domestic supply during every national military emergency since World War I," the USGS explains. Rich chromite...
GT Gold Corp. June 27 reported that two drills are turning at the high-grade Saddle gold-silver discovery on the Tatogga property British Columbia's Golden Triangle The company plans to complete at least 18,000 meters of diamond drilling in 56 holes this year, with the potential to expand the program and continue drilling into November. The 2018 drilling is beginning at Saddle South, were a 16,000-meter discovery drill program carried out last year outlined a high-grade,...