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 1416
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,...
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...
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...
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...
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...
"What happens to our communities and Tribal members if a road is not built, and no jobs or opportunity exists for our children and future generations?" Trilogy Metals Inc. March 26 announced that yet another rural Alaska Native community has passed a resolution in support of the Ambler Access Project – a proposed 211-mile, industrial-use-only road that would connect the mineral-rich Ambler Mining District in Northwest Alaska to the Dalton Highway and global markets. Hughes Vil...
Tribal council unanimously passes resolution in support of the Ambler Access Project. Trilogy Metals Inc. March 21 announced that the Ruby Tribal Council has passed a resolution in support of the Ambler Access Project – a proposed 211-mile, industrial-use-only road that would connect the mineral-rich Ambler Mining District in Northwest Alaska to the Dalton Highway and global markets. Ruby is an Alaska Native community that lies about 150 miles south of the Ambler Mining D...
Company expands Keno Hill and Lucky Friday reserves, readies Greens Creek for the next jump. Hecla Mining Company Jan. 13 reported that its 2023 exploration resulted in the second-highest silver reserves and the largest gold resource ever for the Idaho-based company. "Hecla's silver reserves are the second highest in our 133-year history at 238 million silver ounces and only 1% less than last year's all-time highest reserve, and gold resource is the highest in our history," sa...
Pogo Mine owner is underwriting A$4.9M financing by Australia-based junior exploring Alaska Range. PolarX Ltd. Feb. 27 announced that Northern Star Resources Ltd. has agreed to participate in a financing that would earn the Australia-based gold producer a 28.5% interest in the junior exploration company. Both Australia-based companies have interests in Alaska – Northern Star owns and operates the high-grade Pogo gold mine, and PolarX is exploring the district-scale Alaska R...
Zinc contributed most to state's mine production value during 2023; gold is poised to take the crown and make run toward 1 million ounces per year. At a value of $1.5 billion, zinc held onto its throne as the most valuable metal produced in Alaska during 2023. With production forecasts and price trends headed in opposite directions for zinc and gold, however, the gleaming precious metal that drew fortune-seekers North at the turn of the 20th century could soon regain the...
NRCan funding will support a vertically integrated critical minerals supply chain that includes a mine in Northwest Territories and refinery in Alberta. Natural Resources Canada (NRCan) March 26 announced a C$714,500 (US$525,200) investment into enhancing the production of cobalt sulfate and bismuth ingot products from a future mine at Fortune Minerals Ltd.'s Nico project in Northwest Territories and associated hydrometallurgical refinery in Alberta. "Critical minerals develop...
American Pacific Mining outlines plans to test copper-rich resource expansion targets during 2024 drilling at high-grade project in SE Alaska. American Pacific Mining Corp. March 25 outlined plans for a US$12.8 million resource expansion exploration program this year at the high-grade Palmer volcanogenic massive sulfide (VMS) project in Southeast Alaska. Being advanced under a joint venture between American Pacific and Dowa Metals & Mining Company Ltd., Palmer hosts 4.68...
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...
Recent resampling of historical drill core reveals grades up to 34.9% graphite. StrategX Elements Corp. March 21 announced the potential expansion of its Nagvaak critical minerals project in Nunavut, Canada, as one interval drilled roughly 4,000 meters from the initial discovery drill hole returned significant high-grade graphite – much higher than typically observed in other graphite deposits in North America. Featuring a 6,000- by 400-meter zone of strong vanadium, n...
Enters into definitive agreement for initial 70% toward highly prospective Tombstone gold projects. Strategic Metals Ltd. March 4 announced it has approved Trifecta Gold Ltd. the right to earn up to 100% interest in 11 highly prospective, reduced intrusion-related gold projects located within the prolific Tombstone Gold Belt in Yukon, Canada. Often maintaining a low-key approach to its business operations, Strategic Metals is less a project miner and more a project generator...
Rebrands to reflect its new focus on silver through its highly prospective Haldane and Tim properties in Yukon. Silver North Resources Ltd. Feb. 29 announced a summary of its accomplishments during 2023 and plans for the upcoming year as rebranding from Alianza Minerals Ltd. best reflects the company's focus on silver as it continues to advance its Haldane and Tim silver properties in Canada's Yukon. "Rebranding as Silver North Resources Ltd. is a strategic move to focus on...
7 drilling expands Bingo Zone on Ranch property; new gold-silver-copper expansion targets and porphyry potential emerge. Thesis Gold Inc. March 12 reported that high-grade gold, along with associated silver and high-grade copper, drilled at the Bingo Zone enhances the upside potential of the company's Ranch project in Northern British Columbia. Located in the Toodoggone mining district east of B.C.'s Golden Triangle, Ranch is the northern half of a 325-square-kilometer...
Company informs on numerous projects throughout North America, reaffirms focus on Yukon's RC Gold project. Sitka Gold Corp. March 14 reported an assessment of its gold, silver, and copper properties throughout North America, realigning its strategies and updating the current state of its operations. Varying from grassroots and discovery-stage properties to advanced-stage projects that include the recent discovery of a significant gold deposit at RC Gold, the company states...
Modern drone survey with historical records to reveal possible district continuity and system. Gladiator Metals Corp. Feb. 27 announced it has mobilized an additional drill rig to Cub Trend at the company's Whitehorse Copper project to explore large-scale magnetic anomalies recently identified from an ongoing drone magnetic survey. "Gladiator has mobilized a second rig at the Whitehorse Copper project and commenced the first diamond drilling campaign at the Cub Trend prospect...
