The mining newspaper for Alaska and Canada's North

Articles from the September 6, 2024 edition


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  • Drill crew stacking core box from a fresh cut at AurMac.

    Banyan returns strong results at AurMac

    A.J. Roan, Mining News|Updated Nov 18, 2024

    First batch of 2024 drill assays highlight continuity of gold mineralization and further resource potential of project. Banyan Gold Corp. Sept. 5 reported encouraging assay results from its ongoing 2024 drill program at the AurMac project in Yukon, Canada, including an intercept of 197 meters averaging 0.72 grams per metric ton gold from surface at the Powerline deposit. Situated in Yukon's prolific Tombstone Gold Belt, the AurMac project covers 173 square kilometers (67...

  • Smartphone with Teck’s copper webpage opened in front of its logo.

    Teck restructures for energy transition

    Shane Lasley, Mining News|Updated Oct 2, 2024

    Splits copper and zinc mines and exploration projects by North and Latin American regions; reorganizes executive team. Teck Resources Ltd. Sept. 1 restructured its business and executive management team to support its shift to a pure-play energy transition metals company focused on growth. This transition began with closing the sale of its steelmaking coal business to Glencore for $7.3 billion cash in July. With this sale, Teck's portfolio consists primarily of copper and...

  • Yukon Metals’ geologist examining rock chip samples at Star River.

    Yukon Metals off to a good start at Birch

    A.J. Roan, Mining News|Updated Oct 1, 2024

    Confirms copper and gold mineralization over a 1,400-meter anomaly on property acquired from the Berdahl family. Yukon Metals Corp. Sept. 3 announced promising results from its initial exploration of the Birch gold-copper project in Yukon, identifying a large copper and gold mineralized system that spans over 1,400 meters and shows potential for economic grades. "We are excited about these first pass results that have clearly identified a copper and gold mineralized system...

  • Multiple drill access trails across a mountainside in Alaska.

    PolarX drills high-grade copper in Alaska

    Shane Lasley, Mining News|Updated Sep 16, 2024

    Cuts 15.5 meters of 7.4% copper during depth extension drilling at Caribou Dome. PolarX Ltd. Sept. 3 announced that this year's drill program has cut exceptionally high-grade copper in deep zones at its Caribou Dome project in Alaska. Lying just north of the Denali Highway about 160 miles (250 kilometers) northeast of Anchorage, PolarX's 22-mile-long Alaska Range project hosts Caribou Dome, a high-grade carbonate-hosted copper deposit, Zackly, a high-grade gold-copper-silver...

  • Fireweed Metals’ crew discuss plans near drill at Tom South target.

    Fireweed triples MacPass zinc resources

    A.J. Roan, Mining News|Updated Sep 16, 2024

    Updated estimate adds Boundary and End Zone deposits, increasing zinc equivalent in indicated resources by 300%. Fireweed Metals Corp. Sept. 5 announced a significant milestone with an updated mineral resource estimate for the company's Macmillan Pass project in Yukon, Canada, marking a 300% increase in zinc equivalent in the indicated resource category for Tom and Jason, and inaugural resource estimates for the Boundary and End Zone deposits. Situated in eastern Yukon,...

  • Ewan points out mineralization in drill core to a younger geologist.

    PEA supports Lawyers-Ranch mine thesis

    Shane Lasley, Mining News|Updated Sep 16, 2024

    Preliminary economic assessment confirms potential for the Northern BC project to host a financially robust gold-silver mine. Thesis Gold Inc. Sept. 5 published a preliminary economic assessment PEA that outlines plans for an economically robust mining operation at its merged Lawyers-Ranch gold-silver project in Northern British Columbia's Toodoggone Mining District. Last year, Thesis Gold merged with Benchmark Metals Inc. to form a stronger mineral exploration company aimed a...

  • Geologist examines spodumene-rich outcrop Fi pegmatite.

    Li-FT quadruples Cali lithium project size

    A.J. Roan, Mining News|Updated Sep 16, 2024

    Stakes new spodumene-rich claims surrounding battery metal project in western Northwest Territories. Li-FT Power Ltd. Sept. 3 announced a significant expansion to its Cali project, quadrupling its land position through the staking of an additional 9,681 hectares (23,927 acres) of spodumene-rich claims in Northwest Territories, Canada. Quickly establishing itself as a significant player in the lithium exploration sector, Li-FT began with a diverse portfolio that initially...

  • White bags full of samples being loaded on small plane in Northwest Territories.

    New discovery and 13.5% copper at Storm

    Shane Lasley, Mining News|Updated Sep 16, 2024

    American West surpasses 20,000 meters of exploration and resource drilling this year at Nunavut copper project. American West Metals Ltd. Sept. 3 reported that drilling has cut very high-grade copper mineralization at the northern margins of Cyclone, the largest deposit at Storm Copper, and has discovered a new copper deposit on this project on Somerset Island in northern Nunavut. So far this year, the company has drilled 128 reverse circulation (RC) and 14 diamond drill...

  • Hand holds up a slab of rock with metallic blue antimony mineralization.

    Looking North to Alaska for antimony

    Shane Lasley, Mining News|Updated Sep 9, 2024

    As China curbs exports of the strategic and critical metalloid, America's Last Frontier reemerges as potential domestic supplier. China's coming state-controlled restrictions on antimony exports has significantly elevated the criticality and price of this semi-metal that is already a top concern from many officials within the U.S. Department of Defense due to its use in military hardware and the dearth of antimony mines in the United States. An element that has properties that...

  • Looking over a long airstrip and camps in an Alaska river valley.

    West Susitna Mineral District emerges

    Shane Lasley, Mining News|Updated Sep 5, 2024

    U.S. GoldMining and Nova Minerals work side-by-side to advance gold, copper, and antimony projects at end of West Susitna Road. WEST SUSTINA MINERAL DISTRICT – The 4,000-foot Whiskey Bravo airstrip about 100 miles northwest of Anchorage as the Cessna 206 flies is serving as the operational headquarters of an emerging Alaska mining district with the potential to be a domestic source of minerals and metals critical to America's economic wellbeing, national security, and clean e...

  • A finger holds an upright white tile as blue and red tiles lean on either side.

    Cults tend to gravitate to the middle

    J. P. Tangen, Special to Mining News|Updated Sep 5, 2024

    Now is the time to be optimistic about the future because the 2024 version of the Hatfields and the McCoys has run out of steam. I have long felt that mining will be the workhorse industry for Alaska. The state is vast, and the deposits are remote. Furthermore, they tend to be large. Unhappily, the political environment has, for about 75 years, been antagonistic toward mining based on a series of specious issues. Mines are unsafe, so they say. But a worker in a government...

  • Geologists sit on a slope of Mt. Rainey overlooking Stewart, B.C.

    The golden past and bright future of Stewart

    A.J. Roan, Mining News|Updated Sep 5, 2024

    From its scandalous gold rush beginnings to modern mining resurgence, Stewart's legacy as a mining hub continues to evolve. In the rugged expanse of Northern British Columbia, where the slopes of Mount Rainey rise steeply above the town of Stewart, the Stewart Mining District has carved its legacy into a region rich with veins of silver and gold, witnessing the rise and fall of some of Canada's most significant mines and shaping the history and fortunes of those who sought to...

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