The mining newspaper for Alaska and Canada's North

Articles from the July 15, 2022 edition

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  • Underground miners at Hecla’s Greens Creek operation near Juneau, Alaska.

    Greens Creek Q2 silver output steady

    Shane Lasley, Mining News|Updated Oct 11, 2022

    Hecla Mining Company July 12 reported that its Greens Creek Mine in Southeast Alaska produced 2.4 million ounces of silver and 12,413 oz of gold during the second quarter of 2022. The second quarter silver output at the underground operation near Juneau, Alaska, is roughly 8% lower than the 2.6 million oz produced during the same period of 2021 and roughly equivalent to the first quarter of this year. The second quarter gold production, however, is only around 3% lower than...

  • A drill tests for gold mineralization on a mountain at Johnson Tract, Alaska.

    JT deposit tops 1M oz gold-equivalent

    Shane Lasley, Mining News|Updated Jul 28, 2022

    HighGold Mining Inc. July 12 announced a 40% increase in the gold-equivalent resource at the JT deposit on the company's Johnson Tract property in Southcentral Alaska. According to the new calculation, JT deposit hosts 3.49 million metric tons of indicated resource averaging 5.33 grams per metric ton (598,000 ounces) gold, 6 g/t (673,000 oz) silver, 5.21% (400.8 million pounds) zinc, 0.59% (43.1 million lb) copper, and 0.67% (51.5 million lb) lead. Including the value of all...

  • A map of the active fires currently ongoing in the Yukon territory, Canada.

    Victoria shows consistent Q2 production

    A.J. Roan, Mining News|Updated Jul 28, 2022

    Victoria Gold Corp. July 12 reported that its Eagle Gold mine in the Yukon produced 32,055 ounces of gold during the second quarter, resulting in approximately 56,413 oz for the first half of the year, a consistent amount from the Canada miner. "Similar to previous years, the first half of 2022 was a seasonally slow production period at the Eagle Gold mine," said Victoria Gold President and CEO John McConnell. Generally, gold production at heap leach operations like Eagle...

  • A geologist loupe and yellow diamond recovered from the Gahcho Kué Mine.

    Mountain Province sees up, downs in Q2

    Shane Lasley, Mining News|Updated Jul 28, 2022

    Strong diamond prices are helping Mountain Province Diamonds Inc. overcome higher diesel costs, a slower-than-expected post-COVID ramp up of operations, and a primary crusher bearing failure during the first quarter at the Gahcho Kué diamond mine in Northwest Territories. During the second quarter of 2022, Gahcho Kué produced 1.26 million carats of diamonds, which is a 6% improvement over the first quarter but down 29% from the second quarter of 2021. This sharp decrease compa...

  • A drill tests for gold and silver at Ascot Resources’ Premier Mine, BC.

    Ascot drills bonanza gold at Premier

    Shane Lasley, Mining News|Updated Jul 21, 2022

    Ascot Resources Ltd. July 14 reported that this year's drilling has cut bonanza grade gold at the emerging Sebakwe zone on the Premier mine project in the Golden Triangle region of British Columbia. Located less than 600 meters southwest of the mill being refurbished and updated at Premier, Sebakwe appears to represent an unmined structure immediately north of the Northern Light and Premier deposits. Highlights from two holes drilled at Sebakwe during the 2021 program include:...

  • An aerial view of the main Pine Point camp by Osisko Metals.

    Updated PEA for Pine Point zinc project

    A.J. Roan, Mining News|Updated Jul 14, 2022

    Osisko Metals Inc. July 13 announced the results of an updated preliminary economic assessment for the company's Pine Point zinc project in Northwest Territories, Canada. The objective of this updated PEA was to integrate updated long-term prices for zinc and lead, increased mined resources, cost escalations in capital and operating expenses, as well as reduced life-of-mine water management costs that resulted from the recently completely hydrogeological model. The latter...

  • A geologist logging core at the Hopper copper-gold project, Yukon.

    CAVU results imply greater mineralization

    A.J. Roan, Mining News|Updated Jul 14, 2022

    CAVU Energy Metals Corp. (previously CAVU Mining) July 11 announced the results from the first four holes drilled at its Hopper copper-gold-silver-molybdenum project in southern Yukon. A road-accessible 7,400-hectare (18,286 acres) property within the southern Dawson Range copper-gold belt, Hopper is located within the ancestral territory of the Champagne and Aishihik First Nations. Most of the previous exploration at Hopper has focused on a skarn system that is a peripheral...