The mining newspaper for Alaska and Canada's North

Articles from the September 22, 2023 edition

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  • A drill rig sits atop a rocky ridge in the mountains of BC’s Golden Triangle.

    Golddigger attracts McEwen investment

    Shane Lasley, Mining News|Updated Oct 5, 2023

    Mining magnate agrees to invest in Goliath Resources following Precious Metals Summit. Goliath Resources Ltd. Sept. 20 announced that the abundant visible gold within the known zones and new discovery zone at Golddigger has attracted the attention of mining magnate Rob McEwen, who is participating in a C$5 million (US$3.7 million)* financing that will significantly expand the 2023 drill program at this exciting gold project that has emerged in Northern British Columbia. "We...

  • A modular assay lab constructed from several blue shipping containers.

    Ascot buys Stewart assay lab for Premier

    Shane Lasley, Mining News|Updated Oct 5, 2023

    Ascot Resources Ltd. Sept. 19 announced that it has acquired a full-service assay laboratory facility about 25 kilometers (16 miles) from the company's Premier gold mine project near Stewart, British Columbia. Seacan Labs Corp., a BC-based company that constructs and commissions modular labs for the mining industry, installed a full-service assay lab at the World Port facility in Stewart, BC, early last year. This lab has the capacity to process roughly 250 samples per day,...

  • Aerial view of the development progress at the Goose Mine site as of September.

    Goose gold mine development on track

    Shane Lasley, Mining News|Updated Oct 4, 2023

    Upon the April completion of its buyout of Sabina Gold & Silver Corp., B2Gold Corp. hit the ground running at its new Back River gold property in Nunavut and remains on pace to pour its first gold there early in 2025. The most advanced project on the district-scale Back River property is Goose, a mine development project that is slated to produce 3.34 million oz of gold over 15 years of mining 18.7 million metric tons of proven and probable reserves averaging 5.97 grams per...

  • Alaska mineral exploration camp and airstrip along a river and base of mountain.

    Valhalla wraps successful Sun program

    Shane Lasley, Mining News|Updated Oct 4, 2023

    Valhalla Metals Inc. Sept. 18 reported the completion of an exploration program at Sun that included camp upgrades, geophysics, relogging of historical core, and four new holes drilled on the polymetallic volcanogenic massive sulfide project in the world-class Ambler Mining District of Northwest Alaska. "A lot was accomplished in a short amount of time during this first exploration program undertaken by Valhalla," said Chairman Rick Van Nieuwenhuyse. This work began with the...

  • Crew working a drill pad at Grande Portage’s Herbert Gold project.

    First Herbert Gold results look promising

    A.J. Roan, Mining News|Updated Oct 4, 2023

    Grande Portage Resources Ltd. Sept. 14 announced an interim update on its 2023 drill program at the company's Herbert Gold project in Southeast Alaska, which has accrued roughly 3,050 meters of drilling in eight holes. "Our plan in 2023 was to fill in gaps in the established resource to allow for higher level of confidence in any new resource estimate and to have valuable incremental step outs in areas that had demonstrated mineralization in the past that might be open for...

  • Geologists on a mountain digging for grab samples.

    Onyx Gold moves fast, drilling and listing

    A.J. Roan, Mining News|Updated Sep 21, 2023

    Onyx Gold Corp. Sept. 11 announced an update on its ongoing exploration at the King Tut property in Yukon, Canada, then shortly after reported listing on the OTC Markets in the United States, fulfilling criteria to be a part of OTCQX, the highest tier available through this exchange. Nestled between Snowline Gold's Rogue and Golden Oly properties to the north and south and Fireweed Metals' Macmillan Pass project to the northeast, Onyx Gold holds 100% interest in four separate...

  • A picture of a pegmatite outcrop at MK1 on the MacKay project.

    North Arrow's lithium footprint grows

    A.J. Roan, Mining News|Updated Sep 21, 2023

    North Arrow Minerals Inc. Sept. 18 and 20 announced assays from two of its lithium exploration properties – LDG and MacKay Lake – reporting significant lithium oxide from both and signaling the growing potential of its lithium portfolio. Located within the Lac de Gras kimberlite field, home to the world-class Ekati and Diavik diamond mines, the LDG lithium project resides near the easternmost portion of a diamond exploration property just south of Diavik. Covering an 18-...

  • Aerial view of a large white pegmatite dyke cutting across the NWT landscape.

    Strong lithium, BIG surprise for Li-FT

    Shane Lasley, Mining News|Updated Sep 21, 2023

    Li-FT Power Ltd. Sept. 19 reported strong lithium intercepts and a BIG surprise in the latest batch of assays from its 2023 drill program at the Yellowknife Lithium project in Northwest Territories. Li-FT's Yellowknife Lithium project is made up of 11 properties that cover some of the most prospective targets within the Yellowknife Pegmatite Province, a 9,600-square-kilometer (3,700 square miles) area east of the NWT capital city. The company has divided these properties into...