The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 11 of 11
The initial results from 2019 drilling at the Upper Kobuk Mineral Projects in Northwest Alaska has the Trilogy Metals team excited, especially the first hole from the Sunshine exploration target about eight miles (13 kilometers) west of the Arctic Mine project. The US$18.2 million carried out this year at UKMP included six holes (1,357 meters) of exploration drilling at the Sunshine prospect, 10 holes (7,610 meters) of resource upgrade and expansion drilling at the Bornite...
The World Gold Council Sept. 12 launched its Responsible Gold Mining Principles, which lays out a framework that provides investors and downstream gold supply chain customers with clear expectations as to what constitutes responsible gold mining. "It is our aim that the Responsible Gold Mining Principles reinforce trust in gold and the gold mining industry. Consumers, investors and the downstream gold supply chain will be able to know, with confidence, that their gold has... Full story
Strategic Metals Ltd. Sept. 9 reported that it continues to find high-grade gold and silver veins at its Mount Hinton property in Yukon's Keno Hill District. During its initial phase of 2019 exploration at Mount Hinton, which focused on a 3,500- by up to 1,500-meter gold-in-soil anomaly on the eastern side of Granite Creek, Strategic geologists collected a rock sample that averaged 2,340 grams per metric ton (75.23 ounces per metric ton) gold and 597 g/t (19.2 oz/t) silver....
Graphite One Inc. Sept. 9 announced it has secured the funding to finalize a prefeasibility study for its Graphite Creek project in western Alaska. Taiga Mining Company Inc., an Alaska-based company that is a major Graphite One shareholder, has agreed to loan Graphite One US$4.8 million for the advanced engineering and economic study for developing a graphite mine and processing facility. "In our current challenging capital markets, a commitment of US$4.8 million – which is ex...
Ucore Rare Metals Inc. has unveiled a three-tier strategy for delivering a non-Chinese source of rare earth elements to North American markets from its Bokan Mountain project in Alaska. Called M3, for mines, metals and markets, Ucore's plan to meet the needs of an independent rare earth supply chain in the United States includes three initiatives: advancing its Bokan-Dotson Ridge rare earths project in Southeast Alaska to shovel-ready status; developing an associated facility...
Garibaldi Resources Corp. Sept. 12 reported assay results from the longest massive sulfide and mineralization intercepts so far at Nickel Mountain, a magmatic nickel- and copper-rich sulfide system about 11 miles (18 kilometers) southwest of the past producing Eskay Creek Mine in British Columbia's Golden Triangle. Garibaldi first tapped the nickel- and copper-rich E&L intrusion at Nickel Mountain in 2017. This hole, EL-17-14, cut 16.75 meters averaging 8.3 percent nickel, 4.2...
Skeena Resources Ltd. Sept. 9 announced that infill drilling at its Eskay Creek project in British Columbia's Golden Triangle has discovered a previously unidentified vent carrying high-grade gold and silver. According to a resource calculated in February, Eskay Creek hosts 12.71 million metric tons of surface mineable indicated resource averaging 4.5 grams per metric ton (1.8 million ounces) gold and 117 g/t (47.79 million oz) silver; and 13.57 metric tons of surface...
TerraX Minerals Inc. Sept. 9 reported that the latest batch of drill results has extended the Sam Otto South zone to 1,200 meters. The larger Sam Otto zone on the company's Yellowknife City Gold Project has now been outlined over 2,500 meters of strike and the corridor extends 2,500 meters further south. Highlights from six holes drilled at Sam Otto South include: • seven meters of 2.93 grams per metric ton gold, within 40 meters of 0.6 g/t gold in hole TSO19-043; • nine met...
Triumph Gold Corp. Sept. 12 reported that this year's deep drilling program has encountered the buried porphyry gold-copper mineralization being targeted at the first of three areas being tested on the company's Freegold Mountain Property in the Yukon Territory. Over the years, Triumph has identified several near-surface, gold-copper targets and deposits over a six-kilometer (3.7 miles) stretch of Freegold Mountain. The two most advanced deposits along this trend are Nucleus a...
ATAC Resources Ltd. Sept. 13 reported high-grade gold and copper from drilling and additional rock samples collected from the Bobcat skarn target at Rau, a 660-square kilometer (255 square miles) project at the western end of the company's 185-kilometer- (115 miles) long Rackla Gold property in the Yukon. While prospecting Bobcat this year, crews collected grab samples with 41.9 grams per metric ton gold and 10.55 percent copper; and 16.15 g/t gold and 7.24 percent copper....
Nova Minerals Ltd. Sept. 11 reported that it has outlined 2.5 million ounces of gold in a maiden inferred resource estimate for the Oxide Korbel deposit on the company's Estelle project in Alaska. Previously known as Oxide Ridge, the Oxide Korbel is located at the northern end of the roughly 18-mile-long Estelle property. The Oxide Korbel discovery hole, drilled by Millrock Resources Inc. in 2011, cut 450.7 meters averaging 0.38 grams per metric ton gold in an area Nova now...
