The mining newspaper for Alaska and Canada's North

Articles from the November 17, 2023 edition

Sorted by date  Results 1 - 10 of 10

  • Geologist with hand augur drill collects soil samples from the forest floor.

    Kenorland completes 2023 Alaska program

    Shane Lasley, Mining News|Updated Nov 24, 2023

    Kenorland Minerals Ltd. Nov. 15 announced that its 2023 program in Alaska included 2,541 meters of drilling funded by Antofagasta Minerals at its Tanacross copper-gold-molybdenum project along the Yukon border in eastern Alaska, as well as geophysics on its Healy gold project in the Goodpaster Mining District. In April, Kenorland announced that Antofagasta Minerals, a subsidiary of Chilean copper miner Antofagasta PLC, budgeted US$3.8 million for the 2023 program at...

  • A helicopter slings core away from a drill on a steep Alaska mountainside.

    High-grade copper, zinc drilled at Palmer

    Shane Lasley, Mining News|Updated Nov 24, 2023

    American Pacific Mining Corp. Nov. 14 reported additional high-grade copper and zinc assays from the 2023 drill program at its Palmer volcanogenic massive sulfide project near the town of Haines in Southeast Alaska. A preliminary economic assessment that was updated prior to American Pacific's acquisition of a roughly 45% joint venture interest in Palmer late last year outlines an underground mine and a 3,500-metric-ton-per-day mill at the project that would produce 1.07 billi...

  • Neptune coal loading facility and Vancouver skyline light up the night.

    Glencore to buy Teck coal assets for $6.9B

    Shane Lasley, Mining News|Updated Nov 24, 2023

    Teck to receive a total of $8.2B for coal assets in Southern BC; cash infusion to bolster focus on clean energy metals. In a deal that finds a middle ground between the ambitions and future visions of two mining companies, Teck Resources Ltd. has agreed to sell its steelmaking coal assets in Southern British Columbia to Glencore for around US$6.9 billion. "This sale will ensure Teck is well-capitalized and able to realize value from our base metals business and deliver strong...

  • Large mine project camp on a beautiful summer day in Northern BC.

    Economically robust Eskay Creek Mine

    Shane Lasley, Mining News|Updated Nov 24, 2023

    Feasibility study details on open-pit mine slated to produce 2.8M oz of gold over first 12 years of mine. A definitive feasibility study for Eskay Creek details the economic and engineering parameters for a longer-life mine at this exciting gold-silver project in British Columbia's Golden Triangle that will generate strong financial returns for Skeena Resources Ltd., even at the higher costs of building the mine in today's inflationary environment. Under the base case...

  • A rock hammer shows the scale of heavily mineralized rock at Estelle in Alaska.

    Nova discovers strong antimony at Estelle

    Shane Lasley, Mining News|Updated Nov 24, 2023

    Nova Minerals Ltd. Nov. 15 announced that its 2023 surface sampling program has discovered strong antimony mineralization alongside the gold, silver, and other metals at the Train and Trumpet targets on the company's 198-square-mile (513 square kilometers) Estelle project about 100 miles northwest of Anchorage. While Nova continues to primarily be focused on expanding the 9.9 million ounces of gold it has outlined so far at Estelle, the Australian company has identified...

  • A close-up of zinc and lead mineralization from drill core at Pine Point.

    Pine Point results give lead for next year

    A.J. Roan, Mining News|Updated Nov 24, 2023

    Osisko Metals Inc. Nov. 13 announced the latest drilling results from the recently established Pine Point Mining Limited joint venture project in Northwest Territories, Canada. Located just south of the Great Slave Lake, Pine Point is home to a former mine operated by Teck Resources Ltd. that produced roughly 14 billion pounds of zinc and 4 billion lb of lead from around 64 million metric tons of ore during a 24-year span beginning in 1964. According to the most recent...

  • A strong lens flare from the sun over the White Gold project.

    Final hole from White Gold's Betty Ford

    A.J. Roan, Mining News|Updated Nov 24, 2023

    White Gold Corp. Nov. 14 announced the final drill results from the Betty Ford target on the company's Betty property in Yukon, Canada, revealing the consistency of wide high-grade gold intersections and continuity of mineralization at this highly prospective target. Reporting the results from the first two holes in September and the third just last week, the final hole from the Betty Ford drill program has returned results that elevate Betty Ford to an undoubtedly...

  • Cascadia Minerals technicians working on a drill pad at Catch.

    Cascadia makes a rare Catch in the Yukon

    A.J. Roan, Mining News|Updated Nov 24, 2023

    Cascadia Minerals Ltd. Nov. 16 announced that the first two holes ever drilled at Catch encountered the porphyry copper-gold the company had hoped to find at this project in Yukon, Canada. Earlier this year, Hecla Mining Company cut a deal to buy out ATAC Resources, keeping the precious metals enriched Rackla and Connaught properties in the Yukon and spinning out the rest of ATAC's properties into Cascadia. Managed by the former ATAC team and backed by an initial C$2 million...

  • Man stands in a ravine of the old Little Chief mine near Whitehorse, Yukon.

    Gladiator finds new trend at old mine site

    A.J. Roan, Mining News|Updated Nov 24, 2023

    Gladiator Metals Corp. Nov. 16 announced an update from its ongoing data compilation over the Whitehorse Copper project, identifying significant widths of unmined, copper-gold skarns within the historic Little Chief mine trend in Yukon, Canada. Whitehorse Copper is a 5,380-hectare (13,294 acres) copper-molybdenum-silver-gold skarn exploration project that covers a significant portion of what has historically been known as the Whitehorse Copper Belt. Located practically in the...

  • Geologists inspecting an outcrop on Onyx Gold’s King Tut property.

    Onyx discovers clues to King Tut treasure

    A.J. Roan, Mining News|Updated Nov 24, 2023

    Onyx Gold Corp. Nov. 15 announced that its first drill program at King Tut has revealed the "smoke" to what it hopes is a gold deposit "fire" at this early-staged project in eastern Yukon, Canada. 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 properties in the Yukon's emerging Tombstone Gold Belt, as well as three properties in...

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