The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 9 of 9
Victoria Gold Corp. Oct. 12 reported a record-setting quarter on several fronts at its Eagle Mine in the Yukon, including the ounces of gold recovered. The recently established open pit mine and heap leach recovery operation at Eagle produced 55,827 oz of gold during the third quarter, roughly 58% higher than the same period of 2020 and nearly matching the 58,899 oz produced during the entire first half of this year. Records are made to be broken, and Victoria does not see the...
Graphite One Inc. Oct. 13 announced the completion of a 2,052-meter drill program focused on gathering data for a feasibility study on developing a mine at its Graphite Creek project about 35 miles north of Nome, Alaska. A preliminary economic assessment completed in 2017 outlined plans for a mine at Graphite Creek that would produce roughly 60,000 metric tons of 95% graphite concentrate per year and a separate processing facility to refine these annual concentrates into...
Hecla Mining Company Oct. 12 reported that its Greens Creek Mine produced 1.8 million ounces of silver and 9,735 oz of gold during the third quarter of 2021, easing off the 10-million-oz-per-year pace set at the Southeast Alaska operation during the first half of 2021. Greens Creek's third-quarter silver output is down about 30% from the 2.6 million oz produced during the same period last year. The quarterly gold production was down by 24% from the 12,833 oz produced during...
HighGold Mining Inc. Oct. 13 reported a long intercept of high-grade gold in an infill hole drilled to collect material for phase I metallurgical work and to provide better definition of the deeper, higher-grade portion of the JT deposit on the company's Johnson Tract project in Alaska. According to a calculation completed prior to the start of 2020 drilling, the JT deposit hosts 2.14 million metric tons of indicated resource averaging 6.07 grams per metric ton (417,000 ounces...
Continued efforts by Northern Dynasty Minerals Ltd. to advance its Pebble project has led to the company filing a motion to the court to set a schedule requiring the U.S. Environmental Protection Agency to decide to either withdraw or finalize its 2014 proposed determination for the proposed copper-gold-silver-rhenium mine in Southwest Alaska. With this proposed determination, the federal agency sought to invoke Section 404(c) of the Clean Water Act to restrict the use of...
Constantine Metal Resources Ltd. Oct. 14 reported initial assay results from a 2021 summer work program at Palmer that primarily focused on geotechnical and environmental drilling to support a planned underground exploration program and feasibility-level studies for this polymetallic volcanogenic massive sulfide project in Southeast Alaska. According to the most recent calculation, the South Wall and RW zones at Palmer host 4.68 million metric tons of indicated resource averag...
A block cave mine at the Red Chris project in British Columbia's Golden Triangle is forecast to produce 316,000 ounces of gold annually over the first six years at a cost of negative US$144/oz after accounting for the value of the 80,000 metric tons of copper also recovered each year, according to a prefeasibility study published by Newcrest Mining Ltd. on Oct. 11. The Australian miner says this engineering and economic study validates its belief that Red Chris is an ideal...
While one hole does not make a deposit, the long section of strong gold mineralization in Nova Minerals Ltd.'s fifth hole at the RPM North prospect on its Estelle project in Alaska is a superb start. Situated about 16 miles (25 kilometers) south of Korbel, where Nova has outlined 4.7 million ounces of gold in 518 million metric tons of inferred resource averaging 0.3 grams per metric ton gold, RPM is a high-priority target that Nova has been anxious to drill. One hole drilled...
Eskay Mining Corp. Oct. 13 announced the conclusion of a roughly 23,500-meter drill program at its Consolidated Eskay precious metals project in British Columbia's Golden Triangle. Eskay's aggressive 2021 drill program is primarily focused on following up on two gold- and silver-enriched VMS discoveries – TV and Jeff – made last year. Out of 20 holes drilled at these targets last year, 18 cut impressive precious metal intercepts. Highlights from the 2020 drilling at TV include...
