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 173
Stoney area sampling discovers two new prospects. Nova Minerals Ltd. Feb. 26 announced that the property-wide sampling and mapping program carried out last year at Estelle has discovered another area of high-grade gold and antimony mineralization on the company's 198-square-mile (513 square kilometers) property in Alaska. According to an early 2023 resource calculation, Estelle hosts 1.1 billion metric tons of global resources averaging 0.3 grams per metric ton (9.9 million ou...
Australian junior calculates SK-1300 gold resource for Estelle; files for public offering and US listing. Nova Minerals Ltd. April 16 reported the calculation of a resource estimate for its Estelle gold project in Alaska that is compliant with the U.S. Securities and Exchange Commission's (SEC) S-K 1300 reporting guidelines. Nova's securities are currently primarily listed on the Australian Stock Exchange (ASX). Looking for greater exposure to North American capital for its...
Nova Minerals Ltd. Jan. 29 reported that the expansive surface exploration program carried out last year at Estelle has discovered another high-grade gold prospect with associated copper on the 198-square-mile (513 square kilometers) property in Alaska. Led by Nova Minerals Head of Exploration Hans Hoffman, the 2023 surface exploration program included extensive mapping and the collection of 674 soil, 446 rock, and 21 stream sediment samples from across the district-scale...
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...
Nova Minerals Ltd. Jan. 2 reported that it plans to follow up on the 2023 exploration success at Estelle with a 2024 program that will include prefeasibility level mining studies, along with continued drilling at the higher-grade RPM deposit and Train target areas at the southern end of this 198-square-mile (513 square kilometers) land package about 100 miles northwest of Anchorage, Alaska. "The work we conducted in 2023 has continued to illustrate the unique opportunity that...
With the successful completion of a US$20 million initial public offering in April 2023, U.S. GoldMining Inc. immediately set out to explore Whistler, an advanced staged copper-gold-silver project in Alaska. Lying adjacent to Nova Minerals Ltd.'s Estelle gold project about 100 miles northwest of Anchorage, the 42,000-acre Whistler property hosts 118.2 million metric tons of indicated resource averaging 0.51 grams per metric ton (1.94 million ounces) gold, 2.19 g/t (8.3...
Looking to push the gold resource on its Estelle property in Alaska above the 10-million-ounce mark, Australia-based Nova Minerals Ltd. launched a 15,000-meter drill program in July targeting the higher-grade gold mineralization in the RPM and Train areas at the southern end of the district-scale property. In April, the company reported that Estelle had been expanded to 1.1 billion metric tons of global resource averaging 0.3 grams per metric ton (9.9 million oz) gold. While...
Nova Minerals Ltd. Dec. 11 reported that its 2023 drilling has cut broad sections of high-grade gold with resource upgrade and expansion drilling at the RPM North deposit on its Estelle property in Alaska. "These latest drilling results at RPM North confirm the consistency of mineralization and also clearly indicate the potential for resource growth, both in terms of size and confidence," said Nova Minerals CEO Christopher Gerteisen. "Several drill holes intersected...
Nova Minerals Ltd. Nov. 20 announced that an extensive mapping and sampling program carried out across Estelle this year has turned up, by far, the highest-grade gold sample ever collected from this project about 100 miles northwest of Anchorage, Alaska. While the 2023 drill program focused on expanding the 9.9-million-ounce gold resource outlined so far at Estelle, Nova geologists collected 674 soil samples, 446 rock samples, and 21 stream sediment samples from across the...
From Pentagon's $37.5M grant to Graphite One to emerging nickel deposits, critical minerals are a hot AK mining topic. With Washington investing billions of dollars into ensuring safe and secure critical mineral supply chains, many mining companies are focusing more sharply on unlocking Alaska's potential to be a domestic source of the 50 minerals and metals critical to America's economic well-being and national security. The growing list of critical minerals being sought...
Nova Minerals Ltd. Nov. 15 announced that its 2023 surface sampling program has discovered strong antimony mineralization alongside the gold, silver, and other metals at the Train and Trumpet targets on the company's 198-square-mile (513 square kilometers) Estelle project about 100 miles northwest of Anchorage. While Nova continues to primarily be focused on expanding the 9.9 million ounces of gold it has outlined so far at Estelle, the Australian company has identified...
Nova Minerals Ltd. Aug. 21 announced the start of discovery drilling at Train, a highly prospective gold target about 4.5 miles (seven kilometers) north of the RPM deposit on the company's 9.9-million-ounce Estelle gold project in Alaska. "We are excited to be putting the first holes into our never before drill tested Train prospect where surface gold occurrences collected over several years by geologists have indicated that another large IRGS (intrusive related gold system)...
Dunleavy takes a first-hand look at mine projects at end of a proposed 100-mile road into West Susitna area. Alaska Gov. Mike Dunleavy and Department of Transportation and Public Facilities Commissioner Ryan Anderson visited the Whistler copper-gold and Estelle gold exploration projects during a recent tour of the western end of the proposed West Susitna Access Road in Southcentral Alaska. Extending 100 miles northwest from Port McKenzie near Anchorage, the West Susitna Road...
Nova Minerals Ltd. July 3 announced the start of a 15,000-meter drill program targeting the higher-grade gold mineralization identified in the RPM and Train areas at the southern end of Estelle, a district-scale Alaska property that hosts 1.1 billion metric tons of global resources averaging 0.3 grams per metric ton (9.9 million ounces) gold. "We are very excited to return to the field again in 2023 to continue to build on the exceptional growth we have shown in just four...
Nova Minerals Ltd. May 16 announced that crews and equipment have been mobilized to Estelle for a planned 15,000-meter drill program that will primarily target the higher-grade gold identified in the RPM and Train areas of the property. In April, the company reported that Estelle hosts 1.1 billion metric tons of global resource averaging 0.3 grams per metric ton (9.9 million ounces) gold. According to the new calculation, the Korbel Main deposit at the north end of the...
Coming together to recognize the potential Alaska can bring to the table for the global transition to renewable energy, the 2023 Alaska Sustainable Energy Conference invited leaders in government, academia, industry, and investment from across the globe to participate in discussions and to be educated on the challenges and opportunities that the Last Frontier State presents as it looks forward to the next century of energy. Alaskans often remark about their home being a state...
Ragusa Minerals Ltd. May 22 announced that sampling carried out toward the end of the 2022 exploration season has identified and confirmed two gold targets on the Monte Cristo project about 100 miles (160 kilometers) northwest of Anchorage, Alaska. Located just east and south of U.S. GoldMining Inc.'s Whistler copper-gold project and Nova Minerals Ltd.'s Estelle property, Monte Cristo is a 125-square-mile (323.7 square kilometers) land package that hosts several gold profits...
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...
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...
Extending Alaska's limited road network 100 miles northwest from the Port MacKenzie area near Anchorage into the West Susitna area would open up a new area for Alaskans to visit the great outdoors, provide highway access to this mineral-rich region, and create a new revenue stream for the state, according to an independent economic study carried out by McKinley Research Group. "The West Susitna Road is important for local residents and gaining fair access to hunting, fishing,...
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...
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...
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...
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...
Nova Minerals Ltd. Dec. 21 said its resource expansion drilling at RPM is building a strong case for this high-grade gold deposit to be a second smaller mining center on the company's Estelle project 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 with a combined 9.6 million ounces of gold and multiple prospects and targets across an 18-mile- (29...
