The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 25 of 1429
Begins comprehensive, multifaceted program to better understand highly prospective project. Trifecta Gold Ltd. July 16 announced that crew and equipment have been mobilized to carry out an exploration program to further delineate known zones of mineralization and identify new targets at its Mt. Hinton gold-silver project in Yukon, Canada. Trifecta Gold is a Canadian-based precious metals exploration company that holds projects in Yukon and Nevada. These include the Yuge gold...
Governments commit C$195 million to improving highway infrastructure in critical minerals-rich Northern BC. Heralded as a win for First Nations residents and the mining industry in Northern British Columbia, the federal and provincial governments are investing C$195 million (US$142.6 million) to upgrade highway infrastructure in the critical minerals-enriched Golden Triangle. "The Northwest BC Highway Corridor Improvements Project will benefit a critical mineral region and... Full story
Marks first time ever that U.S. and Canadian governments co-invest in development of North American critical mineral projects. The U.S. Department of Defense (DOD) and Natural Resources Canada (NRCan) are investing a combined $12 million into establishing a vertically integrated critical minerals supply chain in Canada that includes a mine at Fortune Minerals Ltd.'s NICO cobalt-gold-bismuth-copper project in Northwest Territories and associated hydrometallurgical refinery in...
In the meantime, Joe Ovsenek-led P2 Gold will head the 2024 exploration at Eskay Mining's property in the heart of B.C.'s Golden Triangle. In a deal that will see former Pretium Resources President and CEO Joe Ovsenek returning to British Columbia's Golden Triangle, Eskay Mining Corp. and P2 Gold Inc. have entered into a preliminary deal to merge the two gold-focused exploration companies. Eskay Mining is exploring the Eskay-Corey (formerly Consolidated Eskay) project in North...
Unique mining company adds new high-quality Alaska asset to portfolio just two days after its transition to gold producer. Contango ORE Inc. July 10 announced the completion of its acquisition of HighGold Mining Inc., a junior mineral exploration company that comes with the 1-million-ounce Johnson Tract gold project in Southcentral Alaska. "(W)e believe the combination of HighGold and Contango makes a tremendous amount of strategic sense," Contango ORE President and CEO Rick... Full story
Kinross and Contango celebrate the pouring of first bar from gold project that boosts Fort Knox production, elevates junior to producer status. FORT KNOX MINE, ALASKA (July 8, 2024) – On a momentous occasion for both companies, Kinross Gold Corp. and Contango ORE Inc. celebrated the pouring of the first gold bar from the Manh Choh project in Alaska. Being operated under a joint venture between Kinross (70%) and Contango (30%), Manh Choh is a high-grade gold project on lands o... Full story
HighGold shareholders overwhelmingly vote in favor of joining Alaska's next gold-producing company. In an embrace of Contango ORE Inc.'s unique vision of transforming high-quality projects into Alaska's next gold mines, HighGold Mining Inc. shareholders nearly unanimously approved a deal to merge with the Alaska-based gold company. During a special meeting held on June 27, 93.7% of HighGold shareholders approved the proposed merger with Contango. "We are very pleased to have t... Full story
Anchored by five royalties contributed by Nisga'a Nation in Northern BC, Nations Royalty is world's first Indigenous-owned metals royalty firm. The June 20 listing of Nations Royalty as an investment company on the TSX Venture Exchange was a milestone that will likely forever change the mining landscape in Canada and beyond. Born out of the vision of mining magnate Frank Giustra, a First Nations-to-mining bridge brought to the table by lifelong Northern British Columbia... Full story
American Pacific, Dowa begin 2024 program at copper-rich VMS project in Southeast Alaska. American Pacific Mining Corp. June 18 reported that it has launched a 5,100-meter drill program focused on upgrading and expanding the high-grade copper-zinc-silver-gold mineralization at its Palmer volcanogenic massive sulfide (VMS) project in Southeast Alaska. "We are excited to begin this year's drill program at Palmer," said American Pacific CEO Warwick Smith. "In a world that is... Full story
Plans to complete 15,000 meters of drilling targeting the Surebet gold-silver corridor and three discovery targets. Goliath Resources Ltd. June 3 announced that it is ramping up a 15,000-meter drill program to expand the high-grade gold zones at Surebet and test three discovery targets across the wider Golddigger property in Northern British Columbia. Located in the neighborhood of Dolly Varden Silver Corp's Kitsault Valley and Hecla Mining Company's Kinskuch gold-silver...
Exercises option on high-grade copper property, consolidates ownership of larger Alaska Range project. PolarX Ltd. June 12 announced that it has exercised an option to secure an 80% interest in the Caribou Dome property and a 90% interest in the adjacent Senator property, both part of the company's 103-square-mile (266 square kilometers) Alaska Range copper-gold-silver project. Lying just north of the Denali Highway about 160 miles (250 kilometers) northeast of Anchorage, the...
Embark on a journey through Radium Point, a pioneering uranium mine that shaped the history of NWT and perhaps the entire world. With the recent ban on Russian uranium imports, the United States has initiated a countdown on the pressing need to diversify its sources for this crucial clean energy metal. While the nation currently enjoys a three-year supply buffer before potential challenges arise in securing its uranium supply, revisiting the legacy of Radium Point – a h... Full story
BHP backed drill program is focused primarily on testing new porphyry copper-gold targets. Brixton Metals Corp. has launched a 12,000- to 17,000-meter drill program focused on testing several porphyry copper-gold targets across its 2,863-square-kilometer (1,105 square miles) Thorn project in Northern British Columbia. Having successfully completed an oversubscribed C$14.5 million (US$10.6 million) financing in November that included the participation by BHP Group, which holds... Full story
With $10 million in the bank, company will focus its 2024 drilling on expanding and upgrading copper-gold resources at the Alaska project. U.S. GoldMining Inc. May 22 reported that its upcoming drill program at Whistler will focus on resource upgrade and expansion drilling at the Whistler and Raintree deposits on this porphyry copper-gold project about 105 miles northwest of Anchorage, Alaska. "We are excited to commence our 2024 exploration program at the Whistler...
Company sees Brandon Macdonald step down; position to be held by Peter Hemstead in interim. Fireweed Metals Corp. May 3 announced an abrupt change of management with the replacement of its former CEO and director, Brandon Macdonald, for Peter Hemstead, who has been appointed as the interim president and CEO. "On behalf of the board, I would like to thank Brandon for the role he has played in helping build Fireweed into one of Canada's leading base-metal exploration...
Agrees to sell Golden Zone, Amanita projects for up to $3.4 million in cash and Contango Ore shares. Avidian Gold Corp. May 2 announced that it has entered into a binding agreement to sell its Alaskan subsidiary, Avidian Gold Alaska Inc., to Contango ORE Inc. for US$2.4 million (C$3.3 million), plus a potential future payment of US$1 million (C$1.4 million) if Contango takes either of Avidian's Alaska assets to a production decision. "This transaction is a win-win,... Full story
Starting off on rocky footing, the relationship between Yukon and Alaska is more than just accommodating northern neighbors. Today, it is widely known that the 141st meridian west serves as the international border between Alaska and Canada, but it was not always this way. While the Yukon and Alaska share a mutual respect for shared realities of Arctic living, when the Klondike Gold Rush hit, it became evident that demarcation between countries would need to be put in to quell... Full story
Northwest Alaska Native corporation disengages from proposed road; will continue to defend right to build future road to the Ambler Mining District. The Ambler Road suffered another setback with NANA Regional Corporation's decision to withdraw its involvement with the proposed 211-mile industrial access to the mineral-rich Ambler Mining District within the NANA region of Northwest Alaska. NANA, which owns lands within the Ambler District enriched with copper, cobalt, and...
Begins 1,200-meter program, aiming for two holes that will further outline extent of Catch copper. Cascadia Minerals Ltd. May 16 announced that drills are turning at its Catch copper project in central Yukon, marking an earlier start to the season as the company is eager to follow up on last year's success. "We're pleased to have an early start to our exploration in 2024, with diamond drilling already underway at the Catch property," said Cascadia Minerals President and CEO...
Trade groups are incensed; many Alaska Natives feel ignored; DC delegation and governor vow to fight what is seen as a "politically motivated" ruling. Politically motivated, Illegal, hypocritical, irresponsible, unacceptable, and disgusting; this is how Alaska business leaders, policymakers, and Natives are characterizing the Biden administration's denial of permits to build a road that would link the critical mineral-rich Ambler Mining District to North American markets. "To...
Buyout will bring Johnson Tract into Contango Ore's pipeline of high-quality Alaska gold mine projects. In a deal that brings three high-quality Alaska gold projects into a single portfolio, Contango ORE Inc. has entered into a definitive agreement to acquire HighGold Mining Inc. in an all-shares deal valued at roughly $37 million (C$55 million). "The combination of HighGold and Contango makes a tremendous amount of strategic sense for both sets of shareholders – it is a t... Full story
Company plans to conduct DHEM surveys to reassess, will now include monitoring for gold, silver, molybdenum. Gladiator Metals Corp. May 8 announced further assays from the ongoing 10,000-meter drill program at the company's Whitehorse Copper project in Yukon, Canada. Located in the backyard of Yukon's capital city, the Whitehorse Copper project is a 5,280-hectare (13,294 acres) copper-molybdenum-silver-gold skarn exploration project that covers a significant portion of what ha...
Project proponents make midnight hour appeal for Biden administration to reconsider "irresponsible and unacceptable" permit decision for road. National media reports that the Biden administration is set to deny permits to build a 211-mile access road to the Ambler Mining District in Northwest Alaska has project proponents making a midnight-hour appeal to the U.S. Bureau of Land Management (BLM) to adhere to laws that led to the formation of the 49th State and were meant to...
Gov. Dunleavy urges BLM to consider recent Alaska Native support as it finalizes its reassessment of the Ambler Access Project. "I strongly believe that the road will greatly benefit my community and I'm not alone. Many of my neighbors also support the road, as do other villages in the region," Native Village of Ambler President Miles Cleveland said of the proposed Ambler Access Project that would extend to within 30 miles of his community. This support is reflected in... Full story
Curt's rock hammer, pen, wit, and charm have all contributed to Alaska mining sector success ! It is no surprise that longtime Alaska geologist Curt Freeman would at some point be presented the Charles C. (Chuck) Hawley Lifetime Achievement Award, an Alaska Miners Association honor reserved for those who devoted their professional life to ensuring a successful mining industry in Alaska. After all, Alaska's mining and mineral exploration landscape would only be a shadow of... Full story
