The mining newspaper for Alaska and Canada's North

Articles from the August 12, 2022 edition

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  • Section of drill core with chunks of native silver circled by a geo-technician.

    Dolly Varden step-out cuts native silver

    Shane Lasley, Mining News|Updated Aug 18, 2022

    Dolly Varden Silver Corp. Aug. 10 announced that drilling has cut a wide section of high-grade silver mineralization outside the resource area of the Kitsol Vein near the historic Torbrit Mine on the company's Kitsault Valley project in British Columbia. Located about 25 miles (40 kilometers) southeast of Stewart, BC, the 63-square-mile (163 square kilometers) Kitsault Valley project is an amalgamation of the Dolly Varden silver project and the adjacent Homestake Ridge...

  • Ruen Drilling rig tests RPM South gold prospect on Estelle project in Alaska.

    Nova drills 140m of 6.5 g/t gold at RPM

    Shane Lasley, Mining News|Updated Aug 18, 2022

    Wide sections of high-grade gold cut in the first holes drilled this year at RPM North continue to demonstrate the robust nature of this emerging gold deposit on Nova Minerals Ltd.'s Estelle property in Alaska. Located about 16 miles south of the 8.1-million-ounce Korbel gold deposit at the north end of the Estelle property, RPM hosts 23.1 million metric tons of JORC-compliant inferred resource averaging two grams per metric ton (1.5 million oz) gold. With only six holes...

  • Stratabound president and CEO Kim Tyler on a ridge at Golden Culvert in Yukon.

    Stratabound wraps up 2022 summer season

    A.J. Roan, Mining News|Updated Aug 18, 2022

    Stratabound Minerals Corp. August 11 announced the end of its 2022 summer field program at the company's Golden Culvert and recently added Win gold projects in southeast Yukon. After optioning Golden Culvert in 2017, Stratabound has spent several years establishing its foothold in the Yukon by advancing this underexplored property that neighbors Seabridge Gold Inc.'s high-grade 3 Aces gold project. Found within the Hyland Gold Belt, a geologic extension of the Tombstone Gold...

  • Massive chunks of blue bornite copper mineralization in a section of drill core.

    Strong Storm copper seen in more core

    Shane Lasley, Mining News|Updated Aug 18, 2022

    American West Metals Ltd. Aug. 8 reported that strong copper mineralization has been observed in the core from four additional holes drilled at the Storm Copper project on Somerset Island in the northern reaches of Nunavut, Canada. American West optioned Storm and the neighboring Seal Zinc project from Aston Bay Holdings Ltd. early last year. The Australia-based mineral exploration company launched a drill program earlier this year focused on zones of near-surface, high-grade...

  • Flow sheet showing the gold recovery process considered for RPM deposit.

    Encouraging gold recoveries from RPM

    Shane Lasley, Mining News|Updated Aug 11, 2022

    Nova Minerals Ltd. Aug. 8 reported highly encouraging gold recovery results from its first phase of metallurgical test work on mineralization from its high-grade RPM North deposit on the Estelle property in Alaska. Currently, it is envisioned that ore mined from RPM would be transported to a central processing facility at Korbel, a larger but lower grade gold deposit that lies about 16 miles to the north. According to an initial scoping study completed earlier this year, a...

  • Cantex Mine Development president and CEO Chad Ulansky at North Rackla.

    Cantex effusive about latest drill results

    A.J. Roan, Mining News|Updated Aug 11, 2022

    Cantex Mine Development Corp. August 11 reported an update on the drilling of the GZ Zone at its 14,077-hectare (28,622 acres) North Rackla claim block in the Yukon. Generated from Cantex' 30,000-square-kilometer (11,583 square miles) regional heavy mineral sampling program, North Rackla was discovered in an area favorable for Carlin-style mineralization similar to ATAC Resources Ltd.'s Osiris deposit in 2010. Staked in 2012, the ensuing work has identified areas that contain...

  • Aerial view of camp and processing facilities at the Prairie Creek zinc mine.

    First Nations sign Prairie Creek enviro pact

    Shane Lasley, Mining News|Updated Aug 11, 2022

    NorZinc Ltd. Aug. 10 announced the signing of an environmental agreement with the Naha Dehe Dene Band and Liidlii Kue First Nation Band for the development and operation of a mine at Prairie Creek and an all-season road to access this zinc-lead-silver project in Northwest Territories. "We are very pleased to have entered into this agreement with NDDB and LFKN, which reflects our commitment to respect and prioritize the environmental well-being of their traditional and sacred...

  • A geologist on an outcrop stained green with copper in Northern BC, Canada.

    Core drills skarn, porphyry copper at Blue

    Shane Lasley, Mining News|Updated Aug 11, 2022

    Core Assets Corp. Aug. 8 reported that assays from the first two holes of the 2022 season returned strong copper and gold skarn intercepts, as well as a wider section of porphyry-style copper mineralization at the Laverdiere project on the company's 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...