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
Western Alaska Minerals Corp. July 20 reported that drilling has cut 47- and 101.7-meter-thick intervals of massive sulfide mineralization at the high-grade Waterpump Creek carbonate replacement silver-zinc-lead target on its Illinois Creek project in western Alaska. Based on previous exploration carried out by Anaconda Minerals Company and Novagold Resources Inc., Waterpump Creek hosts 166,000 tons of historical resource averaging 295 grams per metric ton silver, 16.1% lead,...
Leveraging substantial advancements in the understanding of porphyry, skarn, and carbonate replacement type deposits over the past 40 years, Core Assets Corp. is making news discoveries at the long overlooked Blue property in British Columbia's Golden Triangle. Located in the gold-rich Atlin Mining District, Blue is a 111,649-hectare (275,890 acres) land package covering high-grade skarn and carbonate replacement and porphyry prospects enriched with silver, gold, copper,...
Chilean copper miner Antofagasta PLC has entered into an option agreement with Kenorland Minerals Ltd. to earn a 70% interest in Tanacross by investing US$30 million in exploration over eight years and publishing an NI 43-101-compliant preliminary economic assessment on the porphyry copper-gold project in eastern Alaska. "We're very excited to be working with Antofagasta on the Tanacross Project," said Kenorland Minerals CEO Zach Flood. "The property, which covers numerous...
Minto Metals Corp. July 19 reported the second quarter production results from its Minto mine located within the Selkirk First Nation in central Yukon, as well as two new members to the company's management team. "Our second quarter production results highlighted our third consecutive quarter of operational improvement as compared to 2021, including a 16% increase in payable copper pounds for QTR 2, however we were behind on our planned targets for the quarter," said Minto...
Blue Star Gold Corp. July 20 reported that a wide section of high-grade gold was cut in the second hole of its 2022 drill program on its Ulu, Hood River, and Roma projects in Nunavut. "Our 2022 exploration campaign has begun with impressive results returned from DD22-FLO-002, which has the highest value (in terms of grams of gold times meters) of all intercepts drilled by Blue Star," said Blue Star Gold CEO Grant Ewing. The company launched its 2022 drill program in June at...
Sitka Gold Corp. July 20 announced an update on the ongoing diamond drill program that began in February at its RC Gold project in the Yukon. Already completing approximately 4,990 meters of drilling in 16 holes, Sitka has focused its efforts on the recently outlined Blackjack zone. "We are very encouraged by the persistent mineralization and several occurrences of visible gold being observed as we continue to step out both laterally and vertically in all directions from...
Nighthawk Gold Corp. July 19 reported the first batch of assays from its 2022 program at the Indin Lake gold project in Northwest Territories, which includes gold intercepts from resource expansion holes at the Colomac Main and Grizzly Bear deposits. In May, Nighthawk announced plans to complete up to 100,000 meters of drilling at Indin Lake over the next two years. According to a calculation completed in March, Indin Lake hosts 58.2 million metric tons of indicated resource...
Rockhaven Resources Ltd. July 21 reported the start of a 10,000-meter drill program at its Klaza gold-silver project in the Yukon. Found in the Dawson Range Gold Belt of southern Yukon, the Klaza property covers an area of 25,000 hectares (61,776 acres) and is road-accessible from the nearby Klondike Highway. A 2020 preliminary economic assessment outlined plans for a mine at Klaza that would produce roughly 750,000 ounces of gold and 13.8 million oz of silver over 12 years...
Blackwolf Copper and Gold Ltd. July 19 announced the acquisition of yet another property through staking, the Rooster property, its fifth claim group in the Golden Triangle area and the company's first in British Columbia. Situated near the mining towns of Hyder, Alaska and Stewart, BC, recent additions to the Blackwolf portfolio are the Texas Creek and Cantoo properties, Southeast Alaska properties that lie immediately west of the Premier gold project and south of...
Northern Star Resources Ltd. July 20 reported that the trend of increased gold production and lower costs is continuing at its Pogo Mine in Alaska. During the second quarter of 2022, Pogo produced 70,792 ounces of gold from 322,290 metric tons of ore averaging 7.7 grams per metric ton gold. This marks a 23% increase over the 57,489 oz of gold produced and 24% increase over the 260,508 metric tons of ore milled during the first quarter of this year. With gold production climbin...
