The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 7 of 7
Nova Minerals Ltd. Oct. 22 reported impressive high-grade gold in rock samples collected from the RPM target on its 85-square-mile (220 square kilometers) Estelle gold property in Alaska. Located about 16 miles (25 kilometers) south of the 3.3-million-ounce resource in the Korbel deposit, RPM is an earlier staged gold target that show the potential for higher grade gold mineralization. One hole drilled by a previous operator in 2012 cut 177.4 meters averaging 0.79 grams per...
Heliostar Metals Ltd. (formerly Redstar Gold Corp.) said the Oct. 19 magnitude 7.5 earthquake with an epicenter about 45 miles south of Unga Island did not have any major impacts on its gold exploration there. The originally planned 6,500- to 8,000-meter drill program, however, has been slowed by a dearth of drillers. "The ramp-up of our drilling program has been slower than planned due to difficulty staffing the three contract rigs at site," said Heliostar Metals CEO Charles...
A look at Kinross Gold Corp.'s newly optimized strategy for Fort Knox indicates that the iconic mine about 20 miles north of Fairbanks, Alaska will be producing upwards of 400,000 ounces of gold per year for most of the coming decade. The global gold producer introduced its new plans for Fort Knox during an Oct. 20 presentation that provided a more in-depth look into its plan to increase companywide gold output by 500,000 oz/year by 2023. This production growth strategy,...
Nighthawk Gold Corp. Oct. 21 said it is encouraged by the drilling in resource expansion areas of the Colomac project on its Indin Lake gold property in Canada's Northwest Territories. According to a calculation completed earlier this year, Colomac hosts 25.9 metric tons of indicated resource averaging 2.01 grams per metric ton (1.67 million ounces) gold; plus 5.7 million metric tons of inferred resource averaging 2.03 g/t (372,500 oz) gold. Much of this resource is found...
Enduro Metals Corp. (formerly Crystal Lake Mining) Oct. 21 reported high-grade gold and copper in the first batch of results from its drilling along the McLymont fault on its 648-square-kilometer (246 square miles) Newmont Lake project in British Columbia's Golden Triangle. Much of this year's drilling targeted the northeast extension of NW Zone, an area along the McLymont fault that hosts 1.4 million metric tons of historical resource containing 6.79 million pounds of...
White Gold Corp. Oct. 22 reported that this year's trenching, GT probe and soil sampling at JP Ross has identified widespread structurally controlled gold mineralization at multiple targets on the road accessible property in Yukon's White Gold District. "To date, at least 14 gold targets have been identified on the JP Ross property across a 14- by 11-kilometer (8.7 by 6.8 miles) area, many within close proximity to significant current and historical placer gold operations,"...
Victoria Gold Corp. Oct. 19 reported wide sections of strong gold mineralization during the 2020 drill program at Raven, the newest discovery on the company's 555-square-kilometer (214 square miles) Dublin Gulch property in the Yukon. Discovered by Victoria geologists in 2018, Raven is a near surface gold target about 13 kilometers (eight miles) east of the company's Eagle Gold mine. Trenching at Raven in recent years has encountered strong gold mineralization. Highlights...
