The mining newspaper for Alaska and Canada's North

Articles from the November 22, 2019 edition

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  • Drills hit Premier resource upgrade target

    Updated Sep 26, 2020

    Ascot Resources Ltd. Nov. 18 reported high-grade gold intercepts from 19 holes drilled in the Prew zone at its Premier gold mine project near Stewart, British Columbia. Prew, which is within the Northern Lights area of the Premier deposit, was discovered by Ascot in 2017. Highlights from the discovery drilling at Prew include: • 12.5 meters of 8.04 grams per metric ton gold in P17-1452; • 4.22 meters of 15.9 g/t gold in P17-1493; • six meters of 10.57 g/t gold in hole P17-1...

  • Banyan taps gold at Airstrip expansion

    Updated Sep 26, 2020

    Banyan Gold Corp. Nov. 18 reported that the first four holes of its second phase of 2019 drilling at the Aurex-McQuesten project in the Yukon has tapped gold mineralization in an expansion area of the Airstrip target. The initial phase of 2019 drilling at Aurex-McQuesten included 494 meters of infill drilling at the Airstrip (formerly referred to as McQuesten) zone and 504 meters of discovery drilling at Powerline, a gold zone about 1,000 meters south of Airstrip. Previous...

  • Copper-gold-moly tapped in first Mars hole

    Updated Sep 26, 2020

    PolarX Ltd. Nov. 18 reported that the first hole drilled at Mars has indeed tapped a wide section of copper-gold-molybdenum mineralization, confirming the porphyry potential of this target on the Australia-based explorer's Alaska Range property. From a depth of 308 meters, this first hole ever drilled at Mars, 19MAR001, cut 102.1 meters averaging 0.22 percent copper, 0.07 grams per metric ton gold and 200 parts per million molybdenum. "Assays confirming the presence of... Full story

  • Tests show strong Herbert gold recoveries

    Updated Sep 26, 2020

    Grande Portage Resources Ltd. Nov. 19 reported that recent metallurgical tests show that gravity plus floatation has the potential to recover more than 97 percent of the gold and 90 percent of the silver from the vein material at its Herbert Gold project in Southeast Alaska. The company submitted samples collected from two different veins on the Herbert property to an independent lab in British Columbia for testing. Sample 54543 was taken from a 1.59-meter channel cut...

  • Pact moves NICO closer to road system

    Updated Sep 26, 2020

    Fortune Minerals Ltd. Nov. 21 announced it has signed an agreement with the Tlicho First Nation for building a road that connects the NICO cobalt-gold-bismuth-copper project to the community of Whati, a Northwest Territories community about 51 kilometers (32 miles) south of Fortune's proposed Nico cobalt-gold-bismuth-copper mine. The 97-kilometer (60 miles) Tlicho Road, which will connect Whati to Highway 3 and Canada's contiguous road and rail infrastructure is being funded...

  • Dolly Varden adds to Chance silver target

    Updated Sep 26, 2020

    Dolly Varden Silver Corp. Nov. 19 reported that reconnaissance drilling on its namesake property in northern British Columbia has discovered silver mineralization in five of the targets tested this year. The Dolly Varden hosts four deposits – Torbrit, Dolly Varden, Wolf and North Star – containing 3.42 million metric tons of indicated resource averaging 299.8 grams per metric ton (32.93 million oz) silver; plus 1.29 million metric tons of inferred resource averaging 277 g/t...

  • Tectonic goes public, makes gold discovery

    Shane Lasley, Mining News|Updated Sep 26, 2020

    Investors looking for mineral exploration companies boasting a team with a proven track record and gold properties in safe and mineral-rich jurisdictions have a new choice with the Tectonic Metals Inc. symbol, TECT, listed on the TSX Venture Exchange at the opening of trading on Nov. 18. While Tectonic may be the newest mineral explorer on the TSX Venture Exchange, the company has been acquiring and assessing gold properties in Alaska for the past two years as a privately...

  • Peak Gold hits gold-silver-copper at Hona

    Updated Sep 26, 2020

    Contango ORE Inc. Nov. 19 reported gold, silver and copper mineralization in its first two holes at Hona, a prospect on state of Alaska mining claims about 15 miles west of the Peak Gold deposits, which are located on a 675,000-acre land package leased from Tetlin Village, an Alaska Native corporation in eastern Alaska. Peak Gold LLC, a joint venture between Contango ORE (60 percent) and Royal Gold Inc. (40 percent), staked 183,422 acres of state mining claims covering Hona...