North of 60 Mining News - The mining newspaper for Alaska and Canada's North

Contango ORE Inc. April 4 announced that Peak Gold LLC, a joint venture between Contango and Royal Gold Inc., has budgeted US$9.1 million for an initial phase of exploration at the Peak Gold... — Updated 9/24/2020

New Age Metals Inc. April 14 announced that it has signed a binding letter of intent with Avalon Development Corp. for acquiring and exploring platinum group metals and rare earth projects in... — Updated 9/24/2020

In 2017 Alaska’s mineral exploration industry saw its first up-tick in exploration spending since 2011, an increase that S&P Global Market Intelligence’s “World Exploration Trends” indicates was mir... — Updated 9/24/2020

Seven days of near-continuous rain did nothing to dampen the mood at the recently concluded Cordilleran Roundup Convention in Vancouver. The event was buoyed by a realistic optimism we have not... — Updated 9/24/2020

Before color televisions hit the markets in the 1960s, rare earths where a curious group of elements that had the distinction of occupying their own separate section at the bottom of the periodic... — Updated 9/24/2020

Contango ORE Inc. Sep. 8 announced the discovery of West Peak Extension, a new zone of gold mineralization northwest of the Main Peak deposit, during the second phase of 2017 drilling at the Tetlin... — Updated 3/14/2018

Mineral exploration spending in Alaska hit an apex of US$365 million in 2011, but as venture capital for mining explorers dried these expenditures plummeted 78 percent to US$80 million in 2015. Howe... — Updated 2/3/2018

While many of Alaska's mining explorers were riding the brakes on their promising projects going into 2016, Royal Gold and Contango Ore put their figurative foot to the accelerator at the... — Updated 2/3/2018

The owners of Alaska’s five large metal mines – Sumitomo Metal Mining Pogo, Hecla Mining Company, Kinross Gold Corp, Teck Resources Ltd. and Coeur Mining Inc. – accounted for nearly half the US$92 m... — Updated 1/28/2018

Freegold Ventures Ltd. is testing the idea that a large and previously unrecognized porphyry deposit could lie beneath its Shorty Creek property in the Livengood Mining District of Interior Alaska.... — Updated 1/28/2018

Mineral exploration spending in Alaska will likely struggle to top US$80 million for 2014, a dramatic fall from the US$365.1 million pinnacle reached in 2011. "The din of mineral industry activity t... — Updated 1/26/2018

Peak Gold, a joint venture between Contango ORE Inc. and Royal Gold Inc., completed roughly US$11.8 million of exploration in 2017 at Peak Gold (formerly Tetlin), an extensive land package in... — Updated 1/24/2018

Alaska's minerals exploration sector is on an upswing, thanks to Australian mining explorers looking north and mining majors upping their activities in the state. South32 Ltd., a Perth,... — Updated 1/24/2018

Contango Ore Inc. Feb. 2 said the first phase of 2017 drilling at the Tetlin gold project in Interior Alaska was underway. Peak Gold LLC, a joint venture between Contango Ore and a wholly owned... — Updated 1/20/2018

Contango Ore Inc. May 9 reported that 5,236 meters of drilling was completed in 47 holes during the initial phase of drilling at the Tetlin gold project near Tok, Alaska. Carried out by Peak Gold... — Updated 1/15/2018

While the mineral exploration season in Interior Alaska typically runs from the time the ground dries in the spring, usually mid-May, until snow and cold weather make logistics too cumbersome and... — Updated 1/15/2018

From a Texas oilman discovering rich mineral prospects at Tetlin while investigating the natural gas potential of these Native owned lands to a royalty company setting aside its business model to... — Updated 7/3/2016

While many mining companies continue to scale back programs on their promising mineral exploration projects, Royal Gold and Contango Ore are expanding the extent of their work at Tetlin. This year,... — Updated 2/14/2016

Mineral exploration spending in Northwest Territories dipped sharply in 2015. While the final numbers are not in, Natural Resources Canada predicts exploration and deposit appraisal expenditures in... — Updated 11/1/2015

Millrock Resources Inc. has cut a deal to buy the Apex-El Nido property, home to two historical high-grade gold mines in Southeast Alaska that have largely been forgotten. Located on Chichagof... — Updated 10/4/2015

If another US$4 million investment by Royal Gold Inc. is any indication, drilling so far this season at the Tetlin gold property in Interior Alaska is a success. In January, Royal Gold and Contango... — Updated 9/13/2015