The mining newspaper for Alaska and Canada's North

Articles from the December 11, 2016 edition

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  • Graphite Creek milestone nears

    Updated Jan 26, 2018

    Graphite One Resources Inc. Dec. 7 reported that it is nearing the completion of a preliminary economic assessment for its Graphite Creek project near Nome, Alaska. Raising more than C$2.8 million, the company has achieved a number of major milestones in 2016. These milestones were reached during a comprehensive product development program managed by TRU Group Inc., a technology metals consultant with expertise along the entire graphite-graphene supply chain. This program produced purified graphite from Graphite Creek...

  • Hecla, MSHA salute our miners

    Shane Lasley|Updated Dec 11, 2016

    Hecla Mining Company Dec. 6 recognizes its miners, past and present, on National Miner's Day. Established in 1891, Hecla has survived two World Wars, the Great Depression and numerous crests and troughs of the notoriously cyclical metals market. "I want to thank the more than 10,000 hardworking men and women who have been part of the Hecla team over the past 125 years on National Miner's Day," said Hecla President and CEO Phillips Baker, Jr. "Together, through good times and...

  • Second Shorty Creek copper-gold target tapped

    Shane Lasley|Updated Dec 11, 2016

    Freegold Ventures Ltd. Dec. 6 said the 2016 drill program at it Shorty Creek project in Interior Alaska has confirmed the presence of a copper-gold-molybdenum porphyry system with an alteration-mineralization footprint that covers roughly 2,500 acres. The company confirmed the porphyry potential in 2015, when it stepped out from the previous shallow reverse circulation drilling completed by Asarco in 1989-1990 with deeper core drilling. The best hole drilled last year, SC15-03... Full story

  • Whistler explorer rebrands; GoldMining shopping for high-quality gold projects

    Shane Lasley|Updated Dec 11, 2016

    Brazil Resources Inc., owner of the Whistler gold-copper project in Alaska, Dec. 5 said its board of directors has approved a change of its name to GoldMining Inc., which captures the company's international portfolio and plans moving forward. "We are pleased to change the name of the company to GoldMining Inc. to better reflect our diversified project portfolio and strategy to build a leading gold acquisition and development company throughout the Americas," GoldMining...

  • Kennady honored for diamond exploration

    Shane Lasley|Updated Dec 11, 2016

    Kennady Diamonds Inc. is co-recipient of the prestigious Mines and Money Exploration Company of the Year award for 2016, presented during the Mining Journal Outstanding Achievement Awards Gala Dinner at the Mines and Money Conference in London, England on Dec. 1. Kennady Diamonds received this honor for its work at Kennady North, an advanced diamond exploration project immediately north of Gahcho Kué, a Northwest Territories diamond mine being ramped up to commercial...

  • Northern Nuggets: Agnico grabs interest in White Gold; Yukon

    Shane Lasley|Updated Dec 11, 2016

    Agnico Eagle Mines Ltd. Dec. 6 announced an agreement to acquire 19.93 percent of the G4G Capital Corp.'s issued and outstanding shares. In late October, G4G Capital announced finalization of an option to acquire 21 properties covering 2,490 square kilometers (roughly 615,300 acres) of the White Gold district in the Yukon from legendary prospector Shawn Ryan and Wildwood Exploration Inc., a company owned by Ryan and his wife, Cathy Wood. To better reflect its focus, G4G Capita...

  • IDM further expands Red Mountain zones

    Shane Lasley|Updated Dec 11, 2016

    IDM Mining Ltd. Dec. 6 reported results from the final 13 underground core holes completed during the 2016 season at its Red Mountain gold-silver project 15 kilometers (nine miles) east of Stewart, British Columbia. Highlights from this batch of results include 27 meters averaging 6.2 grams per metric ton gold and 23.25 g/t silver in U16-1214, an infill hole in the AV zone; 6.49 meters of 21.36 g/t gold and 18.093 g/t silver in U16-1218, a step-out hole below the AV zone; 34.0... Full story

  • Dam lessons learned

    Shane Lasley, Mining News|Updated Dec 11, 2016

    Storing the rock leftover after the desired minerals are recovered is one of the most fundamental parts of mining. Typically stored behind massive earthen embankments, these tailings also pose a threat to human life and the environment, if not properly managed. Committed to sustainable mining, the International Council on Mining and Metals has adopted new tailings dam management measures that its 23 member companies must abide by and hopes non-member mining companies adopt...

  • Alliance nabs coastal Nunavut gold project

    Shane Lasley|Updated Dec 11, 2016

    Transition Metals Corp. and Nunavut Resources Corp. Nov. 30 announced the signing of an agreement with Nunavut Tunngavik Inc. for exploration of the Arcadia Bay property, an Inuit-owned parcel on the Coronation Gulf coast in Nunavut. The property hosts Archean lode-gold style mineralization with a historical resource of 572,067 metric tons grading 9.6 grams per metric ton gold. While this resource, calculated in 1983, does not meet NI 43-101 standards, Transition considers thi...