The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 6 of 6
As gold exploration cools globally, the search for the precious metal is once again heating up in the larger Pogo Mine region of Interior Alaska. One of the reasons this region continues to be a hotbed of gold exploration is Sumitomo Metal Mining Pogo LLC’s success in finding and expanding new deposits of high-grade gold on its Pogo Mine property, which anchors the Goodpaster Mining District. Another dozen promising prospects found beyond the borders of the Pogo Mine claims a...
Ucore Rare Metals Inc. Nov. 16 provided an update on the design and construction of the SuperLig 1 rare earth separation pilot plant. "This is a significant pilot plant, with a total capital outlay in excess of US$3 million and a footprint anticipated to occupy the approximate space of a few tractor trailers," explained Ucore President and CEO Jim McKenzie. The initial purpose of the plant is to confirm the effectiveness of molecular recognition technology in the separation of rare earth elements at bulk scale. The MRT...
Freegold Ventures Ltd. Nov. 16 reported that the results of the fall 2015 drill program on its Shorty Creek project demonstrate the potential for a significant copper-gold porphyry deposit at this Interior Alaska property. The best intercept of the program was 91.4 meters of 0.71 percent copper-equivalent. A total of four holes were drilled during the 2015 program, which was hampered by challenging weather, including the second-largest for September snowfall in 102 years. Despite the challenges, Freegold said the program...
Contango ORE Inc. Nov. 16 posted results from 19 of 32 holes drilled during the second phase of 2015 exploration at the Tetlin project near Tok, Alaska. This exploration was carried out by Peak Gold, a limited liability joint venture company formed to further the exploration and development of the Tetlin project. Royal Gold Inc. has the option to earn up to a 40 percent interest economic interest in Peak Gold by investing up to US$30 million prior to October 2018. "We are...
Kaminak Gold Corp. Nov. 16 reported the appointment of Richard Williams to its board of directors. Williams, who has more than 30 years of global mining experience, currently serves as Novagold Resources Inc.'s vice-president, engineering and development, where he is responsible for all aspects related to the engineering and technical advancement of the Donlin Gold project in Alaska and Galore Creek project in British Columbia. Prior to joining Novagold, Williams held...
Alloycorp Mining Inc. Nov. 13 released the results from a Front End Engineering Design study completed on the Avanti Kitsault molybdenum project in western British Columbia. Based on the results of the study, an optimized mine plan has been developed to target the highest grade reserves and softest ore zones first. The average molybdenum grade over the first five years 0.092 percent and over life-of-mine is 0.078 percent. The mine is now expected to average roughly 12,994...
