The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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With intercepts such as 19 meters averaging 18.23 grams per metric ton gold, the final batch of drill results from the 2021 program at Donlin Gold continue to show the strength of mineralization of the 39-million-ounce gold deposit and set the stage for the largest program at the world-class mine project in more than a decade. Being advanced toward a production decision by Donlin Gold LLC – a joint venture owned equally by Novagold Resources Inc. and Barrick Gold Corp. – thi...
While copper has the potential to be a major contributor to Alaska's economic future, this "new oil" of the low-carbon economy will be hard-pressed to beat out the old money being produced at current and coming gold mines across the Last Frontier. This is due in large part to Kinross Gold Corp.'s new "Kinross Alaska" strategy that is leveraging the underutilized 14-million-metric-ton-per-year mill and storage capacity at Fort Knox to process higher-grade ore mined from... Full story
Following the completion of a robust 2021 program that culminated in a decision to move forward with updating the feasibility study for developing a mine at Donlin Gold, Novagold Resources Inc. announced that the project partners have approved a $60 million budget for the 2022 program at this world-class gold project in Southwest Alaska. "While 2021 was an exceptional year and represents yet another positive turning point for Novagold and for the Donlin Gold project, 2022...
Building upon the success from systematic exploration carried out over the previous two seasons, Tectonic Metals Inc. focused its 2021 program on testing high-grade and bulk tonnage gold targets on its Tibbs properties in Interior Alaska. Located in the Goodpaster Mining District, Tibbs is known for high-grade gold targets reminiscent of the ore at Northern Star Resources Ltd.'s Pogo gold mine about 22 miles (35 kilometers) to the northwest. During its initial drilling at... Full story
Donlin Gold LLC partners Novagold Resources Inc. and Barrick Gold Corp. completed a roughly 24,200-meter drill program during 2021 that will likely provide the final data needed for an optimized plan for a mine at the world-class gold project in Southwest Alaska. With 504.81 million metric tons of proven and probable reserves averaging 2.09 grams per metric ton (33.9 million oz) gold, the Donlin Gold deposit is already particularly high-grade when you consider its magnitude. O... Full story
Alaska boasts what many consider the most successful aboriginal land claims settlement on Earth – a solution that has not only turned out to be a cultural success but a brilliant business move for the more than 140,000 Alaska Natives and an economic boon for the state that covers the resource-rich lands these industrious and innovative peoples have called home for millennia. Signed into law by U.S. President Richard Nixon on Dec. 18, 1971, the Alaska Native Claims S... Full story
Tectonic Metals Inc. heads into the new year eagerly awaiting the results from roughly 85% of the 5,018 meters of drilling completed at its Tibbs gold project in Alaska's Goodpaster Mining District during 2021. This drill program included 2,699 meters of reverse circulation drilling in 18 holes and 2,319 meters of oriented core diamond drilling, a first for this project about 22 miles (35 kilometers) southeast of Northern Star Resources Ltd.'s Pogo gold mine. Tectonic Metals...
Calista Corp. and its more than 33,000 Yup'ik, Cup'ik, and Athabascan shareholders are on the cusp of realizing the benefits that will come with the sustainable development of a mine at the 45-million-ounce Donlin Gold project on their land in the Yukon-Kuskokwim region of Southwest Alaska. With 39 million oz of gold in measured and indicated resources that average 2.24 grams per metric ton, and another 6 million oz in the inferred category averaging 2.02 g/t gold, Donlin... Full story
From the wide distribution of the massive resources provided by a bowhead whale harvested in the icy waters of the Beaufort Sea to sharing the catch from successful fishing in the Gulf of Alaska, sharing the bounty nature has to offer is among the most important core values of Alaska Natives across the state. This millennia-long tradition of sharing the hunt has been enshrined in the sections 7(i) and 7(j) provisions of the Alaska Native Claims Settlement Act. From the early... Full story
Impressed by the wide sections of high-grade gold encountered by drilling and encouraged by positive input from Alaska stakeholders and regulators, top executives at Barrick Gold Corp. and Novagold Resources Inc. have decided to advance the world-class Donlin Gold project up the value chain. This decision to update the feasibility study for developing a mine at the 39-million-ounce Donlin Gold project follows September workshops that included Barrick and Novagold executive...
Valhalla Metals Inc., a privately held junior mining company focused on the exploration of the Sun and Smucker properties in Alaska's Ambler Mining District, may soon have easier access to funding through a merger with SolidusGold Inc., a company listed on the TSX Venture Exchange. Under a tentative agreement announced on Nov. 29, Solidus would acquire Valhalla through an exchange of shares that would result in current Valhalla shareholders owning 80% of the resulting company...
Building upon a strong relationship it has made with Doyon Ltd., Tectonic Metals Inc. has entered into an agreement to lease the Flat gold project owned by the Alaska Native Claims Settlement Act regional corporation. Located about 25 miles north of the Donlin Gold project being advanced under a joint venture between Barrick Gold Corp. and Novagold Resources Inc., the 92,160-acre Flat property hosts intrusive-hosted, sheeted quartz vein gold mineralization similar to that...
Following the model set by other successful generals such as George Washington, Andrew Jackson, Ulysses S. Grant, and Dwight Eisenhower, after having essentially won the War in Europe, went on to become Presidents of the United States. "I like[d] Ike" just as millions of post-war Americans did, but I am not convinced that he was our greatest President. If the truth be known, he probably had more in common with the likes of President Grant, who tried harder to support the... Full story
With grades as high as 42.2 g/t gold over 5.74 meters, this year's drilling at Donlin Gold continues to tap fantastic zones of mineralization within this 39-million-ounce gold deposit in the Yukon-Kuskokwim region of Southwest Alaska. "As with last year's program, drilling has delivered multiple examples of outstanding gold intercepts," said Novagold Resources Inc. President and CEO Greg Lang. Being carried out by Donlin Gold LLC, a joint venture partnership owned equally by... Full story
Donlin Gold LLC partners Novagold Resources Inc. and Barrick Gold Corp. are more than 8,650 meters into a 20,000-meter drill program that will likely provide the final data needed for an optimized plan for a mine at the 39-million-ounce gold project in Southwest Alaska. "After the 2021 drill season, we anticipate that, on the completion of the updated geologic model and, subject to a formal decision by the Donlin Gold LLC Board, we will turn our attention to the upcoming...
Alaska's Department of Environmental Conservation has upheld a certification of reasonable assurance that the proposed Donlin Gold Mine in western Alaska will comply with the state's water quality standards. Donlin Gold LLC – a joint venture partnership owned equally by Barrick Gold Corp. and Novagold Resources Inc. – applied for the federal permits to develop a mine at the 39-million-ounce Donlin Gold deposit in 2012. Following a six-year permitting process under the Nat...
With the final assay results now in, Donlin Gold LLC partners Barrick Gold Corp. and Novagold Resources Inc.'s 2020 drill program exceeded the high geological bar set for their 39-million-ounce gold project in Southwest Alaska while also meeting an even higher standard for safety. "By far, our most important objective in 2020 was to protect the health and safety of our workforce, contractors, and the residents of the Yukon-Kuskokwim region," said Donlin Gold General Manager...
Administrative Law Judge Kent Sullivan from the Alaska Office of Administrative Hearings has proposed that there is no "reasonable assurance" that the Donlin Gold Mine in western Alaska will comply with Alaska's water quality standards. As part of the larger permitting process, the Alaska Department of Environmental Conservation's Division of Water issued a certificate concluding that there is reasonable assurance that the proposed mine at Donlin will comply with the applicabl...
Donlin Gold LLC, Calista Corp. and The Kuskokwim Corporation are seeking the perspectives and local knowledge of people living in the Yukon-Kuskokwim region when it comes to subsistence and the proposed Donlin Gold Mine project. Calista, the Alaska Native Claims Settlement Act regional corporation for the Yukon-Kuskokwim area of Southwest Alaska, owns the subsurface rights at Donlin, and TKC, the ANCSA village corporation that owns the surface lands covering the...
Mining and mineral exploration helped to bolster an Alaskan economy plagued by COVID-19 during 2020. According to a report prepared by the McKinley Research Group, a renowned Alaska-based research and consulting firm formerly known as McDowell Group, Alaska's mining industry injected roughly $2 billion into the Alaska economy last year. Commissioned by the Alaska Miners Association and Council of Alaska Producers, "The economic benefits of Alaska's mining industry" report... Full story
Western Alaska Copper & Gold Feb. 3 reported an updated mineral resource estimate for Illinois Creek project that includes calculations for the heap leach pad and unmined resources on the western Alaska gold-silver project. Located about 65 miles southwest of the town of Galena and 120 miles north of the Donlin Gold Mine project, the 34,240-acre Illinois Creek District property is home to Illinois Creek, an open-pit mine and heap-leach operation that produced roughly 150,000...
Strong metal prices and an infusion of cash from notable resource investors helped to salvage much of a 2020 mineral exploration season in Alaska that became lethargic with disruptions, delays, and shelving of field programs infected by the COVID-19 pandemic early in the year. At its onset, 2020 was looking like it would be the best year for Alaska's mining sector in a decade. Australia-based mining companies were slated to invest nearly US$100 million in mineral exploration... Full story
While 103.9-meter drill intercepts averaging 6.1 grams per metric ton gold continues to demonstrate the robustness of mineralization at Donlin Gold, completing a 23,400-meter drill program during 2020 without a single COVID-19 case or lost time injury is an even more rewarding achievement for the 39-million-ounce gold mine project in western Alaska. "Well done to the Donlin team for delivering a safe and COVID-free year," said Barrick Gold Corp. President and CEO Mark...
Western Alaska Copper & Gold focused it's 2020 program on investigating the potential of restarting operations at the past producing Illinois Creek gold-silver mine near the Yukon River about 65 miles southwest of the town of Galena and 120 miles north of the Donlin Gold Mine project. In 2018, Western Alaska and Piek Exploration formed a joint venture to consolidate the entire Illinois Creek district, a 34,240-acre land package that blankets the Illinois Creek mine project;... Full story
Donlin Gold LLC, a joint venture partnership owned equally by Barrick Gold Corp. and Novagold Resources Inc., completed 23,400 meters of drilling this year to gain a better understanding of the 39-million-ounce Donlin gold mine project in Southwest Alaska. "Diligent exploration and detailed geological modeling are essential in establishing a strong foundation on which to deliver optimal value from an asset the size of Donlin," said Barrick Gold President and CEO Mark Bristow.... Full story
