The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 8 of 8
Fireweed Zinc Ltd. Aug. 19 announced it is ramping up a late season drilling and exploration program at its Macmillan Pass zinc project in eastern Yukon. This program, which will include expansion of known zones of high-grade zinc mineralization and exploration of new zones, is being funded by a C$5.2 million financing completed earlier this month. "Our recent financing has allowed us to mount a big exploration program this summer that will run late into the season," said...
Gold Terra Resource Corp. Aug. 17 announced the start of a 10,000-meter drill program testing high-grade gold targets on its Yellowknife City Gold project in Northwest Territories. This drilling will start with roughly 3,700 meters of drilling in seven holes targeting depth extension of Crestaurum, a deposit that hosts 127,000 metric tons of open-pittable inferred resource averaging 9.41 g/t (59,000 oz) gold; and 723,000 metric tons of underground inferred resource averaging...
Already known for its world-class copper, gold, molybdenum and silver endowment, the Pebble deposit in Southwest Alaska is also host to one of Earth's most significant accumulations of rhenium, a highly heat resistant and extremely rare metal that has been deemed critical to the economic and national security of the United States. While Pebble has long been known to host rhenium associated with the molybdenum minerals in the deposit, an official resource of this critical...
Millrock Resources Inc. and Resolution Minerals Ltd. Aug. 17 reported that drilling is now underway at the Echo target on the 64North gold project in Alaska's Goodpaster Mining District. The roughly 160,000-acre 64North gold project includes nine claim blocks – West Pogo, Shaw, Eagle, LMS-X, South Pogo, East Pogo, North Pogo, Last Chance and Divide. Under a deal cut with Millrock Resources Inc. last year, Resolution has the option to earn a 60% interest in this large gold p...
Nova Minerals Ltd. Aug. 19 said the 2020 drill program in Alaska continues to expand a very large and continuous gold system at the Korbel resource area toward the north end of the Australian explorer's roughly 18-mile- (29 kilometers) long Estelle property. Located about 100 miles (160 kilometers) northwest of Anchorage, Alaska's largest city, Estelle hosts 181.3 million metric tons of Australian Joint Ore Reserves Committee- (JORC) compliant inferred resource averaging 0.43...
Grande Portage Resources Ltd. Aug. 20 reported visible gold in two holes in unexpected veins tapped during the 2020 program at its Herbert Gold project just north of Juneau, Alaska. These VG intercepts were in two holes – DDH 20T-6 and DDH 20T-7 – drilled 120 meters east of any previous holes targeting the footwall of the Goat Vein and within an area 150 meters south of the vein. Each hole cut two intervals of quartz veins. The 2.58-meter intercept in DDH 20T-7 included coa...
Ascot Resources Ltd. Aug. 19 reports that drilling has tapped spectacular high-grade gold adjacent to the proposed mining areas outlined in a feasibility study completed earlier this year that details plans for re-establishing a mine at its Premier gold-silver project near Stewart, British Columbia. The feasibility study envisions four mines in the Stewart area – Premier, Silver Coin, Big Missouri, and Red Mountain – providing ore to the existing 1990s era mill at Pre...
A feasibility study for developing a mine at the world-class Arctic deposit in Alaska's Ambler Mining District details a financially robust operation that would produce 1.9 billion pounds of copper, 2.3 billion lb of zinc, 388 million lb of lead, 386,000 ounces of gold, and 40.6 million oz of silver over an initial 12-year mine life. While high-grade volcanogenic massive sulfide deposits such as Arctic are typically mined from underground, the Arctic feasibility study details...
