The mining newspaper for Alaska and Canada's North

Articles from the December 10, 2017 edition

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  • Wider copper-gold cut at Zackly

    Updated Jan 25, 2018

    PolarX Ltd. Dec. 6 reported that assay results from two additional holes drilled at Zackly continue to confirm the historical copper-gold resource for the skarn deposit within the company's Alaska Range project. Hole ZM-17010 cut two mineralized intercepts - 5.5 meters averaging 0.65 percent copper and 1.11 grams per metric ton gold from 155.9 meters; and 18.4 meters of 1.34 percent copper and 1.15 g/t gold from 169.5 meters. Hole ZM-17015 cut 5.9 meters averaging 1.23...

  • Saddle gold discovery continues to impress

    Updated Jan 15, 2018

    GT Gold Corp. Dec. 4 reported continued high-grade assays from six additional holes drilled at Saddle South, an exciting gold discovery on the company's Tatogga property in the Golden Triangle region of northwestern British Columbia. Hole TTD045 cut 3.79 meter averaging 12.05 grams per metric ton gold from a depth of 144.1 meters, including 1.04 meters of 35.15 g/t gold. The company said four additional holes drilled from the same pad - TTD047, 048, 050 and 052 - all cut...

  • A lot more Bornite

    Shane Lasley, Mining News|Updated Jan 13, 2018

    Just how big is the high-grade Bornite copper deposit in Northwest Alaska? This is one question that South32 Ltd. wants to know as it considers paying Trilogy Metals Inc. US$150 million for a 50 percent interest in the Upper Kobuk Mineral Projects, an extensive land package that encompasses Bornite, the Arctic Mine project and dozens of other high-grade metals deposits and prospects in the Ambler Mining District. While it will likely be many years before the full scope of...

  • Golden Predator reworks deal for 3 Aces neighbor

    Updated Jan 13, 2018

    Golden Predator Mining Corp. Nov. 30 announced that it has cut deals with Alexco Exploration Canada Corp. and Newmont Canada Corp. to buy full ownership of Sprogge, a large gold property adjacent to the company's 3 Aces project in southeastern Yukon. The gold potential at Sprogge was first identified during a 1996 regional exploration program carried out by Hemlo Gold Mines. Over the next four years, early stage exploration was carried out on the property by Viceroy Exploration, Novagold Resources and Newmont Canada. In 2011,...

  • GT Gold wins Mines and Money discovery award

    Shane Lasley|Updated Jan 13, 2018

    GT Gold Corp. Nov. 30 won the prestigious Mines and Money "Exploration Discovery Award" for its Saddle gold-silver discovery in northwestern British Columbia, Canada. The award was shared with SolGold plc, an Australian company exploring the Cascabel copper-gold project in Ecuador. GT Gold Chairman accepted the award at a gala dinner that wrapped up the Mines and Money Conference in London, England, on November 30. The Saddle gold-silver discovery is one of the few genuinely... Full story

  • Rockhaven discovers Klaza expansion zone

    Updated Jan 13, 2018

    Rockhaven Resources Ltd. Dec. 4 announced the discovery of several new mineralized structures at it Klaza gold-silver project in southern Yukon. These discoveries include a series of new mineralized veins identified with a single drill fence consisting of five holes across an area north of the current resource area where no previous drilling or trenching had been carried out. This drilling targeted a number of linear magnetic and electro-magnetic anomalies, similar to those...

  • Beginners Luck adds to Dolly Varden potential

    Updated Jan 13, 2018

    Dolly Varden Silver Corp. continues to discover new areas of high-grade silver mineralization at its Dolly Varden project in the Golden Triangle of northwestern British Columbia. This includes confirmation of the recent discovery at Torbit East, an eastern fault-offset continuation of the Torbrit deposit, and the discovery of Beginners Luck, a new target north of Torbit. Hole DV17-078 cut two mineralized zones, Upper and Lower, in the Torbrit East area. This hole cut 13 meters (9.96 meters true thickness) averaging 244.8...

  • EPA nixes mine bonding proposal

    Shane Lasley, Mining News|Updated Jan 10, 2018

    The U.S. Environmental Protection Agency has decided not to impose additional bonding requirements on the American mining sector, the regulator announced on Dec. 1. Under the Obama Administration, EPA had proposed the implementation of hefty new financial assurance requirements for mining operations in the U.S. under Section 108(b) of the Comprehensive Environmental Response, Compensation, and Liability Act, more commonly kwon as CERCLA or Superfund. CERCLA was enacted by Cong...