The mining newspaper for Alaska and Canada's North

Articles from the December 16, 2022 edition

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  • Webb and Malahoff sample a vertical rock face at the Mon gold mine project.

    Sixty North affirms Mon IOCG potential

    Shane Lasley, Mining News|Updated Dec 22, 2022

    Sixty North Gold Mining Ltd. Dec. 15 reported that sampling has identified two zones of elevated, copper, cobalt, nickel, and other metals along strike of the iron oxide-copper-gold (IOCG) discovery on its Mon gold property in Northwest Territories. Located about 40 kilometers (25 miles) north of Yellowknife, Mon is best known for its high-grade gold potential. A summer seasonal mine that operated at Mon from 1991 to 1997 produced 15,000 ounces of gold from 15,000 metric tons...

  • Welcome to Hyder Alaska sign above the road crossing into Alaska from BC.

    Optimum acquires Salmon gold property

    Shane Lasley, Mining News|Updated Dec 22, 2022

    Optimum Ventures Ltd. Dec. 14 announced that it has acquired the Salmon gold property in the Hyder Mining District of Southeast Alaska. A TSX Venture Exchange-listed junior, Optimum has been exploring gold-silver projects near Hyder, Alaska, and just across the border in British Columbia's Golden Triangle since 2021. In November, Optimum announced that it had entered into an agreement to acquire all the shares of 1309762 B.C. Ltd., a private company that owns the Salmon...

  • Drill in a rocky valley at Grande Portage's Herbert Gold property in SE Alaska.

    Excellent enviro results for Herbert Gold

    A.J. Roan, Mining News|Updated Dec 22, 2022

    Grande Portage Resources Ltd. Dec. 13 announced very positive results of environmental testing at the company's Herbert Gold project a few miles north of Juneau, Alaska. Done as part of the permitting process, acid base accounting is conducted to test the acid-generating potential of the rocks around any potential mine site, in this case, the Herbert Gold deposit in Southeast Alaska. Testing was performed by Geochemical Solutions LLC of Colorado, which analyzed a total of eigh...

  • Geologist inspects core loaded in a pickup bed at the 64North gold project.

    Drills tap encouraging gold at 64North

    Shane Lasley, Mining News|Updated Dec 22, 2022

    Resolution Minerals Ltd. Dec. 12 reported encouraging gold mineralization was encountered during its first pass of drilling at the Tourmaline Ridge target on the West Pogo block of the 64North gold project in Alaska. Tourmaline Ridge, which lies about 5,000 meters southwest of the main orebody at Northern Star Resources Ltd.'s Pogo gold mine, was identified as a high-priority drill target after a thorough re-interpretation of the geological and structural models for the area....

  • The miners walking underground at the Premier gold-silver mine in Northern BC.

    Ascot secures Premier gold mine funding

    Shane Lasley, Mining News|Updated Dec 22, 2022

    C$200M financing package provides cash needed to restart operations at Northern BC gold-silver mine. Having pulled together a C$200 million (US$147 million) financing package, Ascot Resources Ltd. is now positioned to begin commissioning the mill at Premier by this time next year and reach commercial production at the gold-silver mine in Northern British Columbia early in 2024. The company had originally planned to begin a new era of mining at Premier by now but was unable to...

  • Boxes of drill core stacked and laid out at the Eskay exploration camp in BC.

    Drilling expands TV-Jeff VMS zone at Eskay

    Shane Lasley, Mining News|Updated Dec 15, 2022

    Eskay Mining Corp. Dec. 15 reported that its 2022 drilling has expanded the TV-Jeff volcanogenic massive sulfide deposits on its namesake gold-silver project in Northern British Columbia. Covering a corridor of VMS mineralization trending south from Skeena Resources Ltd.'s Eskay Creek gold-silver project, and lying between Seabridge Gold Corp.'s KSM project to the east and Garibaldi Resources Corp.'s Nickel Mountain project to the west, Eskay's property lies at the heart of so...

  • A northwesterly view from Alianza Minerals' Haldane Silver project in the Yukon.

    Bighorn raised to big league for Alianza

    A.J. Roan, Mining News|Updated Dec 15, 2022

    Alianza Minerals Ltd. Dec. 14 announced the completion of its 2022 exploration program at the Haldane silver project in the Yukon's historic Keno Hill Mining District, which culminated in the successful extension of Bighorn by roughly 525 meters. Located about 25 kilometers (16 miles) west of Hecla Mining Company's Keno Hill silver mine, the 8,579-hectare (21,200 acres) Haldane property hosts a small historical mine that produced roughly 24.7 metric tons of hand-sorted ore...