The mining newspaper for Alaska and Canada's North
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The State of Alaska has established clear ownership of two historic trails in northern Alaska under a settlement reached with federal and Native corporation officials of the state's claim to the trails under federal law RS 2477, a top Palin administration official announced Jan. 11. Members of Alaska's mining industry Jan. 18 applauded the settlement, which ends a lawsuit filed by state officials against the U.S. government nearly two years ago. The suit sought to establish Alaska's clear title to rights of way for the...
With gold prices near historic highs, Little Squaw Mining Co. is busy laying the groundwork for exploring its vast mining property for gold in the highly prospective Chandalar district about 200 miles north of Fairbanks. The Spokane-based junior mining company launched a $1.7 million exploration program this spring that includes more than 10,000 feet of drilling in 30 or more holes on at least 10 gold prospects where Little Squaw said it previously established the presence of rich gold values. The program also calls for...
Preparations for exploration and development activities ramped up again in the last month as budgets were approved and committed on projects extending from Southeast Alaska to the Seward Peninsula to Interior Alaska. Commodity and equity markets for the metals mining industry have remained strong in anticipation of continued high demand and restricted supplies. To put things into a global perspective, the Worldwatch Institute (www.worldwatch.org) recently published information about the growing demand for goods and services i...
Although results from 2005 activities have finally slowed to a trickle, don't equate this lack of news with lack of activity. Behind the holiday season façade there is a mad scramble going on with companies already jockeying for personnel, drill rigs, helicopters, geochemical services, field camps and all manner of field supplies. While wishing each other season's greetings over a cup of grog, competitors are quietly trying to steal the jump on each other to get the best...
In the waning days of the Klondike Gold Rush, the Arctic tundra far to the north gave birth to another Alaska gold mining legend. Japanese sailor Frank Yasuda left a whaling vessel to make his home among the Inupiat people at Point Barrow. A few years later, disease and hardship had decimated the village of Barrow. Yasuda, an enterprising fellow, and his young Inupiat wife, Eneveloe, joined another explorer in traveling south to the Brooks Mountain Range in search of a new home for the people of Barrow. Near Chandalar Lake...
By suing the U.S. Department of Interior for quiet title to the state's rights of way for the Coldfoot-Chandalar Lake, Caro-to-Coldfoot and Wiseman-to-Chandalar trails, the state of Alaska may breathe new life into a century-old gold mining region. The lawsuit, filed April 11 in federal district court in Washington, D.C., also named Alaska Northwest Natural Gas Transportation Co., Yukon Pacific Co., Petro Star Inc., Doyon Ltd. and several other non-federal stakeholders with claims to land adjoining or surrounding the trails...
On the cusp of what promises to be one of the busiest mineral exploration and development seasons in the last 20 years, the mineral industry is madly preparing its personnel and equipment all across the state. Despite the late season snows and unusually cool temperatures being experienced as this summary is being written, many of Alaska's exploration programs are either under way or will be sometime in early May. Competition for funds within and between companies remains fierce as projects in the U.S., Canada, Europe,...
Little Squaw Gold Mining Co. released results in early May from an independent geological analysis of the company's holdings in the Chandalar Mining district, which include both lode and placer prospects. Recommendations for future lode exploration includes targeting a potential bulk tonnage deposit, based on including lenses of multi-ounce gold quartz veins with auriferous splays and subparallel, sheeted quartz vein systems. Placer development recommendations suggest targets in the lower Big Squaw Creek and the Little Squaw...