The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 76 - 100 of 900
Nova Minerals Ltd. April 10 announced that the Estelle project in Alaska now hosts 9.9 million ounces of gold in 1.1 billion metric tons of global resource averaging 0.3 grams per metric ton gold. While this represents only a marginal increase over a resource estimate completed a year ago, the company says the more conservative geological modeling used for the current resource better positions the project for more detailed studies moving forward. "While the current MRE...
Core Assets Corp. April 11 reported strong copper and associated silver was encountered during 2022 channel sampling at the Kim skarn target on the company's 113,900-hectare (281,500 acres) Blue property in Northern British Columbia. Located along BC's border with Alaska in the Atlin Mining District, the district-scale Blue land package hosts high-grade skarn, carbonate replacement, and porphyry prospects enriched with copper, gold, zinc, silver, and lead. Since assembling the...
Snowline Gold Corp. March 28 announced the closing of C$19.16 million (US$14.1 million) financing that involved B2Gold Corp. buying a 5% interest in the Yukon-focused gold explorer through the purchase of 3.94 million flow-through shares at C$4.86 per share. "B2Gold is a major global gold producer with a strong track record of growth built on a demonstrated commitment to communities, sustainable mining and employee safety," Snowline Gold CEO Scott Berdahl said earlier this...
Snowline Gold Corp. March 14 announced that B2Gold Corp. is making a strategic investment of just over C$19 million in the Yukon-focused exploration company by purchasing nearly four million Snowline shares. "We are excited to welcome B2Gold as a growth-focused, long-term, value-driven investor," said Snowline Gold CEO Scott Berdahl. "B2Gold is a major global gold producer with a strong track record of growth built on a demonstrated commitment to communities, sustainable...
Blackwolf Copper and Gold Ltd. March 21 announced it has updated its earlier agreement with Dolly Varden Silver Corp. and New Moly LLC to study the viability of building a mill complex on New Moly's Kitsault project in Northern British Columbia with the addition of two new companies interested in partaking in the study – Goliath Resources Ltd. and Coast Copper Corp. At the beginning of February, Blackwolf, Dolly Varden and New Moly reported strong interest in consolidating o...
Nova Minerals Ltd. March 9 announced wide gold intercepts from the first ever drilling at Cathedral, a discovery about 1,500 meters southwest of the 8.1-million-ounce Korbel Main gold deposit on the company's Estelle property in Alaska. Reconnaissance exploration at Cathedral target in 2020 included sampling of outcropping quartz-arsenopyrite veining that returned grades as high as 114 grams per metric ton gold. Five other samples collected from this highly prospective target...
Thanks to the thick zones of high-grade silver-zinc-lead mineralization cut during the 2022 drilling of the Waterpump Creek target at Illinois Creek, Western Alaska Minerals Corp.'s first year as a publicly traded company on the TSX Venture Exchange has been a resounding success. Listing on the TSX.V at C85 cents per share in November 2021, Western shares were selling for a whopping C$5.60 each at the company's peak in August 2022. This meteoric rise began before the first... Full story
In the days before Fairbanks' rise to prominence as the economic and transportation hub of Interior Alaska, a small trade camp about five miles downriver was already attracting all the attention. The town, dubbed "Chena," served as the port and resupply point for the multitudes of stampeders traveling up the Yukon and Tanana Rivers in search of riches in Alaska's gold-rich streams. As the fervor of the Klondike Gold Rush began to cool, news spread of gold being discovered on... Full story
ATAC Resources Ltd. Jan. 23 announced the results from its second phase of exploration at the company's Catch copper-gold property in central Yukon, which identified a high-grade copper and gold mineralized zone across a 500-meter extent. Located in an underexplored part of southcentral Yukon, about 56 kilometers (35 miles) southeast of Carmacks, this 15.7-square-kilometer (3,880 acres) property is a previously undrilled discovery property prospective for significant copper...
Blackwolf Copper and Gold Ltd. Feb. 16 announced, after more than a decade, an updated mineral resource estimate for its Niblack property in Southeast Alaska. "Our updated mineral resource estimation includes subsequent rounds of drilling as compared to the previous 2011 mineral resource estimate as well as cost parameter guidance from current underground operations, in accordance with the new CIM (Canadian Institute of Mining, Metallurgy and Petroleum) guidelines," said...
Blackwolf Copper and Gold Ltd. Jan. 17 announced it has received its surface sample assay results from the company's 2022 reconnaissance exploration program at its various Hyder area properties, a region that resides on the Alaska side of the famed Golden Triangle. Initially exploring its flagship historic Niblack copper-gold-silver-zinc project located on the southern end of Prince of Wales Island in Southeast Alaska, Blackwolf expanded its holdings by staking and optioning...
Northern Star Resources Ltd. has increased both the capacity of its mill and the quantity of high-grade gold reserves to feed into the upgraded and expanded recovery circuit at the Australia-based miner's underground operation in Alaska. Going into 2022, the mill at Pogo had the capacity to process 1.3 million metric tons of ore per year, a 30% expansion from the 1-million-metric-ton-per-year capacity that Northern Star inherited with the 2019 purchase of the mine. With the...
Gold dominates Alaska mineral exploration, but a critical shift arises. Since the discovery of gold in what is now the Alaska capital city of Juneau, prospectors, geologists, and fortune seekers have spent more than 140 consecutive summer seasons exploring The Last Frontier's golden potential. With these endeavors turning up rich aurum lodes in every corner of the state, except for the oil-rich North Slope, the nearly century-and-a-half tradition of seeking and discovering wor... Full story
Though effects of the COVID-19 pandemic lingered, mineral explorers rushed to the Yukon like moths to a flame during 2022. Mining's most daring sector rallied to generate the busiest field season seen in Canada's westernmost territory in years. In June, Natural Resources Canada projected mineral exploration and deposit appraisal spending in Yukon during 2022 to total C$157.9 million, up 14.5% from C$135.1 million estimated for 2021 and nearly double C$83.6 million in 2020.... Full story
After elevating the resource in the JT deposit to above 1 million ounces of gold-equivalent, HighGold Mining Inc. focused its 2022 drilling at its Johnson Tract property in Alaska largely on expanding the high-grade mineralization at the Difficult Creek target area about 2.5 miles (four kilometers) to the northeast. Located on the west side of Cook Inlet, about 125 miles southwest of Anchorage, Alaska, Johnson Tract is a 20,942-acre property owned by Cook Inlet Regional Inc.,... Full story
Northern Star Resources Ltd. Jan. 19 reported a rebound in gold production and a drop in per-ounce production costs at its Pogo Mine in Alaska. During the fourth quarter of the calendar year 2022, Pogo produced 58,661 oz of gold from 316,996 metric tons of ore averaging 6.6 grams per metric tons gold. While the mill throughput during the final three months of 2022 was down slightly from the 319,433 metric tons processed during the third quarter, gold grades were roughly 8% hig...
Nova Minerals Ltd. Jan. 15 announced the discovery of a large high-grade gold system within the emerging RPM Mining Complex at the southern end of the company's Estelle property in Alaska. Located about 100 miles (160 kilometers) northwest of Anchorage, Alaska's largest city, the 125-square-mile (324 square kilometers) Estelle property hosts two deposits – Korbel and RPM – with a combined 9.6 million ounces of gold and multiple prospects and targets across an 18-mile- (29 kil... Full story
With a propensity to attract major mining companies to the mineral exploration projects it generates, Kenorland Minerals Ltd. cut a deal in 2022 to option its Tanacross project in eastern Alaska to Chilean copper miner Antofagasta PLC. Lying alongside the Alaska-Yukon border, the 113,400-acre Tanacross property hosts world-class porphyry copper-gold deposit potential. Since the discovery of the East Taurus deposit in 1971, 17,076 meters of drilling in 67 holes have been...
Coeur Mining Inc. is highly encouraged by the results from the 2022 drilling at its Silvertip silver-zinc-lead mine project in Northern British Columbia and Kensington gold mine in Southeast Alaska early in 2022. In fact, early 2022 results at these two northern assets, along with the Palmarejo silver-gold mine in Mexico, prompted the Chicago-based mining company to boost its exploration budget to more than US$50 million last year. "During a period of underinvestment within ou...
Toward its foundational goal of being an ESG-focused gold exploration company that is a catalyst for economic development and improved social well-being in the areas where it works, Tectonic Metals Ltd. has built a strong partnership with Doyon Ltd., the Alaska Native corporation for the region of Alaska it is exploring for gold. The Doyon region blankets a mineral-rich swath of Alaska's Interior that is nearly the size of Texas. The Alaska Native corporation owns 12.5...
By the time the calendar flipped to 2022, Nova Minerals Ltd. had outlined 9.6 million ounces of gold in the inferred and indicated resource categories at its Estelle project. And with the drills cutting intercepts such as 258 meters averaging 5.1 grams per metric ton gold, the Australia-based company was quickly adding gold to the resources on this 125-square-mile property about 100 miles northwest of Anchorage, Alaska. In February, Nova published a "snapshot in time" scoping...
With the January completion of an A$10 million (U$7.1 million) initial public offering and listing on the Australian Securities Exchange, Felix Gold Ltd. went into 2022 well-positioned to begin drilling the large package of gold exploration properties it had assembled in Alaska's Fairbanks Mining District. As a private company, Felix entered into a strategic alliance with Millrock Resources Inc. in 2021 on several Interior Alaska gold exploration projects – Treasure Creek a...
Strategic Metals Ltd., a longtime project generator in the Yukon, is helping to spur industry interest in the prospectivity of the territory's southwestern region for critical minerals as more explorers undertake projects in this underexplored region. Strategic optioned 70% ownership interest in Hopper, a 74 square-kilometer (28.6 square miles) multi-target porphyry copper-molybdenum project with significant copper-gold-silver peripheral skarn mineralization to CAVU Mining...
As an Alaska-based mineral explorer that is listed on the NYSE American stock exchange and involved with advancing two gold mines toward production, Contango ORE Inc., commonly referred to simply as CORE, is unique in the realm of junior mining companies. Led by president and CEO Rick Van Nieuwenhuyse, CORE has assembled a pipeline of Alaska gold projects along the highway system in Alaska that span the gamut from discovery to mine development. "I have spent a good part of my... Full story
Has the discovery and development of the mines essential to meeting the massive demand for battery metals, copper, rare earths, and other critical minerals reached the end of the road? Not a metaphorical end where the visions of electric vehicles charged with sunshine are dashed – halting the demand for green energy and technology metals. Instead, I am speaking to pioneering critical mineral supply chains beyond the literal end of the limited highways extending into Alaska a... Full story
