Articles from the October 4, 2015 edition

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Pogo celebrates 3-millionth ounce of gold

Sumitomo Metal Mining Pogo LLC Sept. 30 reported production of 3 million ounces of gold at its Pogo Mine in Interior Alaska. To mark the occasion, 25 mine employees were selected by drawing to view... — Updated 10/4/2015

 

Group Ten cut deal on Alaska PGE project

Group Ten Metals Inc. Sept. 24 reported the acquisition of the Duke Island copper-nickel-platinum group element project in Southeast Alaska from Quaterra Alaska Inc., a subsidiary of Quaterra Resour... — Updated 10/4/2015

 

New high-grade copper zone at Caribou Dome

Coventry Resources Inc. Sept. 30 provided assay results for three holes drilled its Caribou Dome copper project located about 155 miles northeast of Anchorage. CD15-15, the first of six holes... — Updated 10/4/2015

 

UCM coal exports slow, Alaska demand rises

Aurora Energy Services LLC, the company operating the Seward Coal Loading Facility on behalf of the Alaska Railroad Corp., Sept. 22 said the facility will be idle for the remainder of 2015. The... — Updated 10/4/2015

 

Electrum to buy a major stake in Kaminak

Kaminak Gold Corp. Sept. 28 reported that it intends to raise C$22.5 million in a non-brokered private placement to Electrum Strategic Opportunities Fund L.P., Ross Beaty and Zebra Holdings and... — Updated 10/4/2015

 
 By Shane Lasley    News

Mining placer riches

Goldrich NyacAu Placer LLC ramped up late-season production at Chandalar, a northern Alaska project that is shaping up to be one of the largest placer gold operations in North America. Goldrich... — Updated 10/4/2015

 

Infill drilling continues to confirm Brucejack

Pretium Resources Inc. Sept. 30 reported the fourth set of results from a more than 40,000-meter underground infill drill program at the Valley of the Kings deposit of its Brucejack gold project in... — Updated 10/4/2015

 

Auryn finalizes buyout of North Country Gold

Auryn Resources Inc. Sept. 25 said it has completed the acquisition of North Country Gold Corp. Under the arrangement proposed in July, North Country shareholders received one Auryn share for each... — Updated 10/4/2015

 

TerraX adds Southbelt to Yellowknife gold property

TerraX Minerals Inc. Sept. 23 reported that it has staked an eight-kilometer (five miles) extension of the Yellowknife Greenstone Belt, immediately south of the historic Con Mine. This newest... — Updated 10/4/2015

 

Strategic high-grade gold discovery at Hartless Joe

Strategic Metals Ltd. Sept. 30 announced the discovery of high-grade gold mineralization at its Hartless Joe property, located 28 kilometers (18 miles) east-northeast of Whitehorse, Yukon Territory.... — Updated 10/4/2015

 

Oxide copper confirmed at Carmack's Zone 13

Copper North Mining Corp. Sept. 23 reported results from drilling at Zone 13 of the Carmacks copper-gold-silver project in the Yukon Territory. Results from 13 holes have confirmed a near-surface... — Updated 10/4/2015

 
 By Shane Lasley    News

Junior seeks to revive historic Apex-El Nido

Millrock Resources Inc. has cut a deal to buy the Apex-El Nido property, home to two historical high-grade gold mines in Southeast Alaska that have largely been forgotten. Located on Chichagof... — Updated 10/4/2015

 

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