The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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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... Full story
Company now seeking higher-grade sweet spot of enormous gold system affirmed with 2023 drilling. Tectonic Metals Inc. Feb. 7 reported that all 19 holes drilled during its inaugural program at the Chicken Mountain target on the Flat project in the Kuskokwim region of Southwest Alaska cut intrusion-related gold mineralization similar to what is being mined at Kinross Gold Corp. Fort Knox mine near Fairbanks, Alaska. Located about 25 miles (40 kilometers) north of the...
With Donlin Gold reentering the feasibility study stage, Ambler Metals waiting on the reevaluation of the permit needed for a road to the Ambler Mining District, and an overall lack of investment capital, mineral exploration spending in Alaska dropped during 2023. While the overall sector was down, there continued to be some bright spots – most notably, a growing interest in Alaska's critical minerals potential. In July, the U.S. Department of Defense awarded Graphite One I... Full story
Continuing to build upon a strong partnership it has built with Doyon Ltd., the Alaska Native regional corporation for Interior Alaska, Tectonic Metals Inc. launched its first drill program at the recently acquired Flat gold project in Southwest Alaska last year. "Our inaugural 2023 drill program is all about unveiling the tier one potential of the Flat gold project," Tectonic Metals President and CEO Tony Reda said as the company was gearing up for the August start of a...
Tectonic Metals Inc. Nov. 23 announced that it completed 19 holes during its inaugural drilling at Flat and is positioned to carry out a larger drill program at this large gold project on Doyon Ltd. lands in Southwest Alaska. "We have achieved a major milestone in our exploration efforts with the successful completion of our first-ever drill program," said Tectonic Metals President and CEO Tony Reda. Located about 25 miles (40 kilometers) north of the world-class Donlin Gold...
State's inaugural sustainability report details the ESG advantages of looking North to Alaska for energy transition metals. The global energy transition has steered Alaska to a critical minerals crossroad that will shape the economic future of America's Last Frontier. On the one hand, the push for low-carbon energy is expected to put a dent in the demand for petroleum, which has been Alaska's economic lifeblood for more than five decades. On the other, Alaska happens to be... Full story
Somehow, for those of us who follow the mining industry in Alaska, the first full week of November marks not the end but the beginning of the mining New Year. AMA conventions have occurred in this window for at least the last 45 years, and every year, although always different, in a larger sense, it is always the same. Miners and support industry entities gather in Anchorage to compare notes and make deals that will govern their activities for the ensuing year. It is a hugely... Full story
Tectonic Metals Inc. Oct. 30 announced that it has expanded Flat through staking of state mining claims and an option on two claim blocks north of the 91,620-acre gold project in the Kuskokwim Mineral Belt of Southwest Alaska. Located roughly 25 miles (40 kilometers) north of the world-class Donlin Gold project, Flat is a property Tectonic leased from Doyon Ltd. that covers the likely lode source of two creeks – Flat and Otter – that are estimated to have produced more than 83...
Tectonic Metals Inc. July 13 announced that it is set to begin a 5,000-meter drill program at Flat in August that will involve two phases of drilling to define and expand the gold mineralization on this property in the Kuskokwim Mineral Belt of Southwest Alaska. "Our inaugural 2023 drill program is all about unveiling the tier one potential of the Flat Gold Project," said Tectonic Metals President and CEO Tony Reda. Located about 25 miles (40 kilometers) north of the...
Home to deposits and prospects enriched with 49 out of the 50 minerals deemed critical to the United States, Alaska is the single best state in the nation to explore for the minerals and metals needed for clean energy, electric vehicles, high-tech devices, and military hardware. To gain a better understanding of the 49th State's critical minerals potential, the U.S. Geological Survey is investing an additional $5.8 million to explore specific regions of the state in 2023....
U.S. GoldMining Inc. April 24 announced that it has closed a US$20 million initial public offering that provides the newly minted company with funds for the exploration and development of the Whistler copper-gold-silver project in Alaska. "The launch of U.S. GoldMining supports our confidence in the potential for the Whistler Project and stands testament to the caliber of our team," U.S. GoldMining CEO Tim Smith said upon the completion of the IPO. "U.S. GoldMining is now...
Barrick, Novagold now considering updated feasibility study for world-class gold project. To round out a large and highly-successful 2022 program at Donlin Gold, project partners Novagold Resources Inc. and Barrick Gold Corp. reported additional high-grade gold intercepts in the final batch of assays from last year's drilling at the world-class gold mine project in the Yukon-Kuskokwim region of Southwest Alaska. Being advanced toward a production decision by Donlin Gold LLC...
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
With drills tapping up to 42.3 meters of 30.68 grams per metric ton gold, the 2022 exploration season at the world-class Donlin Gold mine project in Southwest Alaska has been exciting and rewarding, but expected, for partners Novagold Resources Inc. and Barrick Gold Corp. Being advanced toward a production decision by Donlin Gold LLC – a joint venture owned equally by Novagold and Barrick – this enormous project hosts 541.3 million metric tons of measured and indicated resourc... Full story
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...
Originally formed as a private company in 2018, Valhalla Metals Inc. launched onto the TSX Venture Exchange in the fall of 2022 with two high-grade volcanogenic massive sulfide projects at either end of Alaska's famed Ambler Mining District that are enriched with copper, zinc, silver, and gold. "In a time when the United States is working to secure domestic sources of critical minerals, we are happy that we could successfully complete the transaction to acquire two high-grade... Full story
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
Tectonic Metals Inc. Dec. 5 announced that it completed a field program in preparation for 2023 drilling at Flat, an intrusion-hosted, bulk tonnage gold project in the Kuskokwim Mineral Belt of Southwest Alaska. Located about 25 miles (40 kilometers) north of the world-class Donlin Gold project, Flat is a 92,160-acre property Tectonic leased from Doyon Ltd. that covers the likely lode source of two creeks – Flat and Otter – that are estimated to have produced more than 830...
Novagold Resources Inc. and Barrick Gold Corp. Nov. 1 reported intercepts of up to 42.3 meters averaging 30.68 grams (0.99 ounces) per metric ton gold from the 2022 drilling at the Donlin Gold project in the Yukon-Kuskokwim region of Southwest Alaska. Being advanced toward a production decision by Donlin Gold LLC – a joint venture owned equally by Novagold and Barrick – this enormous mine project hosts 504.81 million metric tons of proven and probable reserves averaging 2.0...
Alaska-focused Valhalla Metals lists on TSX-V, raises C$10.2M Rick Van Nieuwenhuyse, a longtime Alaskan geologist renowned for founding and serving as the top executive of both Novagold Resources Inc. and Trilogy Metals Inc., has launched yet another publicly traded company focused on exploring Alaska's incredible mineral potential – Valhalla Metals Inc. Originally formed as a private company in 2018, Valhalla picked up two high-grade volcanogenic massive sulfide projects a...
Tectonic Metals Inc. Sept. 7 announced that it is carrying out a baseline metallurgical program aimed at de-risking Flat, an intrusion-hosted, bulk tonnage gold project about 25 miles (40 kilometers) north of the Donlin Gold project in the Yukon-Kuskokwim region of Southwest Alaska. "Metallurgical testing is one of the most critical steps a company can take in successfully transforming an exploration-stage project into a profitable mining opportunity," said Tectonic Metals...
TNR Gold Corp. Aug. 24 reported that it is carrying out an exploration program this year at the Shotgun gold project in Southwest Alaska. Located about 110 miles south of the 39-million-ounce Donlin Gold mine project and about the same distance northeast of the Pebble copper-gold-molybdenum project, this property lies at the intersection of two trends known to host big deposits. TNR optioned Shotgun from Novagold Resources Inc. in 2002 and gained full ownership of the...
Novagold Resources Inc. and Barrick Gold Corp. July 28 reported intercepts of up to 52.3 meters averaging 14.63 grams per metric ton gold from the first batch of assay results from an expanded 2022 program at the Donlin Gold project in Alaska. Being advanced toward a production decision by Donlin Gold LLC – a joint venture owned equally by Novagold and Barrick – this enormous mine project hosts 504.81 million metric tons of proven and probable reserves averaging 2.09 grams per...
FAIRBANKS, Alaska (May 10, 2022) – "We truly have a bright future for mining in the state if we are allowed to pursue it," was the message Alaska Gov. Mike Dunleavy delivered to the more than 250 people that gathered to celebrate the 10th anniversary of Alaska Mining Day. While commemorating the intrepid pioneers that first ventured North in pursuit of Alaska's rich mineral potential and celebrating the mining's current contributions to the state's economy, Dunleavy said t...
Doyon Ltd., the Alaska Native Claims Settlement Act regional corporation for Interior Alaska, is strengthening its partnership with Tectonic Metals Inc. with another investment into the equity of the company exploring for gold on Doyon and state lands in Alaska. "Working on Native Owned Land is one thing, but being funded by Alaska Natives to explore on their land is something completely different," said Tectonic Metals President and CEO Tony Reda. "It is truly an honour, a...
