The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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Alaska contains minerals essential to the national defense, renewable energy and electronics industries. Finding those minerals, however, can be difficult in such a vast and geologically challenging state. Hyperspectral imagery can help as Alaska's summer exploration season approaches. The University of Alaska Fairbanks Geophysical Institute has the only hyperspectral imaging facility in the state at its Hyperspectral Imaging Laboratory created in 2014 as the brainchild of... Full story
With a strong gold production at Fort Knox, the start of development at the Gil-Sourdough satellite pits, and the programs aimed at Manh Choh into production by 2024, Kinross Gold Corp. got off to a busy start to 2021 in Alaska. During the first three months of 2021, the company's Fort Knox Mine north of Fairbanks produced 55,815 ounces of gold, which is slightly less than the 57,523 oz produced during the previous quarter but roughly 8% higher than the 51,667 oz of gold...
Freegold Ventures Ltd. June 3 announced that the first hole of its 40,000-meter 2021 drill program at Golden Summit cut a more than 420-meter-thick zone of strong gold mineralization between the current bulk-tonnage Dolphin resource and the spectacularly high-grade Cleary Hill area on this highway accessible property about 25 miles north of Fairbanks, Alaska. Prior to the 2020 program, most of the drilling at Golden Summit focused on Dolphin, a deposit that hosts 61.5 million...
Contango ORE Inc. April 29 announced it has staked 52,920 acres of state of Alaska mining claims covering a significant portion of the Richardson Mining District. This property, known as Shamrock, lies alongside the Alaska Highway about 70 miles southeast of Fairbanks, Alaska. In addition to excellent access via gravel roads and trails connecting to the paved highway, Shamrock boasts a high-voltage power line that runs along the southern property boundary. Since the discovery...
After the United States' purchase of Alaska, and before the boom brought on by the Klondike Gold Rush, a small island just off the Alaska Peninsula would have gold-bearing quartz discovered, inevitably booming a small trade hub known as Delarov, or as it came to be known, Unga. As it stretches like a broken bridge from the continent of North America to the continent of Asia, many forget the large chain of islands that occupies an area of 6,821 square miles and extends nearly... Full story
With a $13 million budget for predevelopment activities during 2021, a proposed road to the enormously metal-rich Ambler Mining District in Northwest Alaska takes another step closer to reality. This summer's work to prepare the proposed 211-mile industrial access road for a development decision will be funded equally by Ambler Metals LLC, which is working to develop the rich mineral potential at the road's terminus, and the Alaska Industrial Development and Export Authority,...
Kinross Gold Corp. has found another source of higher-grade ore to feed the mill at Fort Knox, this time within the bounds of the company's own property about 20 miles north of Fairbanks, Alaska. On April 9, the company announced that it has officially decided to develop Gil-Sourdough, a satellite gold deposit about eight miles east of the Kinross Alaska mill. Gil-Sourdough is not a new discovery for Kinross, the company has been involved in its exploration for decades and...
Millrock Resources Inc. Feb. 13 announced that it has expanded its Fairbanks Mining District gold properties and its partner Felix Gold Ltd. has added David Larimer to lead the exploration of the growing portfolio in Interior Alaska. In January, Millrock announced it had vended its Fairbanks area properties to Felix Gold Ltd. and would be working with this newly formed Australian mineral exploration company to expand upon and advance exploration on these Interior Alaska gold...
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
Kinross Gold Corp. March 14 announced that the Peak Gold project in eastern Alaska has been renamed Manh Choh, which means Big Lake in the Upper Tanana Athabascan language. This name, chosen by Village of Tetlin Chief Michael Sam and the tribal council, refers to the 7.5- by 4.5-mile Tetlin Lake, a site of high cultural significance in the Tetlin community. Kinross says this mutual agreement on the name is symbolic of the mining company's approach in developing the high-grade... Full story
Avidian Gold Corp. March 8 reported that gold mineralization was encountered in all nine holes drilled last year at its Amanita project just south of Kinross Gold Corp.'s Fort Knox Mine in Alaska's Fairbanks Mining District. In December, the company reported results from the first two holes drilled at Amanita last year. The best intercept was encountered in hole AM20-02, which cut 22.7 meters averaging 3.11 grams per metric ton gold from a depth of 76.4 meters. The company...
North of 60 Mining News recently spoke with Ramzi Fawaz, president and CEO of Ambler Metals LLC, a 50-50 joint venture between South32 Ltd. and Trilogy Metals Inc. to develop the rich mineral resources at the Upper Kobuk Mineral Projects in Alaska. In a candid conversation, Fawaz talks about what attracted him to Ambler Metals; the company's Alaska-based team and partnerships; the strategy for developing Arctic Mine and the other rich metals deposits at the Upper Kobuk Mineral...
When it comes to what global mining companies are looking for in a gold exploration project, Freegold Ventures Ltd.'s Golden Summit property in Alaska seems to have it all. Broad zones of bulk tonnage intrusive related gold? Freegold tapped 573 meters averaging 1.21 grams per metric ton gold during its 2020 program at Golden Summit. More interested in high-grade gold? The 2020 program also tapped grades as high as 169.5 g/t (4.9 ounces per metric ton) gold over two meters....
U.S. Bureau of Land Management, National Park Service, and the Alaska Industrial Development and Export Authority have signed documents that provide a 50-year right-of-way across federal lands for the Ambler Mining District Industrial Access Road. "This right-of-way is the culmination of years of research, planning, and collaboration," said AIDEA Executive Director Alan Weitzner. "The signing of this permit is a major milestone. It's the first step in a multi-year phase of...
Millrock Resources Inc. Feb. 10 announce that it has staked 208 new state mining claims associated with the Treasure Creek and Ester Dome gold properties, expanding its total land position in the Fairbanks Mining District to approximately 49,900 acres. These Interior Alaska claims are subject to purchase agreements with Felix Gold Ltd., a private Australian gold explorer that is expected to gain a listing on the Australian Securities Exchange (ASX) in the coming months. Under...
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
Avidian Gold Corp. Jan. 27 reported that it is preparing for a 2021 drill program to expand upon the gold mineralization encountered last year on its Amanita project in Alaska's Fairbanks Mining District. Last year, Avidian completed 1,945 meters of drilling in nine holes within the Tonsina trend, an 800-meter-wide structural corridor of gold mineralization that extends northeast from Amanita onto Kinross Gold Corp.'s Fort Knox Mine property. The company received assay results...
Millrock Resources Inc. Jan. 12 announced that it has vended three of its Alaska gold exploration projects – Treasure Creek, Ester Dome, and Liberty Bell – to Alaska-based subsidiaries of Felix Gold Ltd., a newly formed Australian mineral exploration company. Millrock Resources President and CEO Greg Beischer said the team behind Felix Gold are well respected for their technical expertise and the respect of the financial groups in Australia. "It is a private company, but they...
As a project generating exploration company, Millrock Resources Inc. identifies and secures grassroots mineral projects and brings on partners to fund the high-risk early stages of exploration. Currently, this work is primarily focused on gold and copper projects in Alaska and Mexico. One of the largest and most intriguing Millrock generated project is 64North, which covers a 163,240-acre swath of Alaska's Goodpaster Mining District. This large land package has been divided... Full story
After years of quietly and efficiently optimizing a mine plan for Livengood, International Tower Hill Mines Ltd. is now ready to incorporate this work into an updated pre-feasibility study for the 11.5-million-ounce gold project in Alaska. A 2017 PFS outlined plans for a 52,600-metric-ton-per-day mill at Livengood that would produce 6.8 million ounces of gold over a 23-year mine life, or roughly 294,100 oz annually. This mine plan was based on 392 million metric tons of reserv... Full story
Freegold Ventures Ltd. struck gold in Alaska, both literally and figuratively, during 2020. While it is no surprise that the Vancouver, British Columbia-based mineral explorer tapped gold at Golden Summit – the company had already outlined nearly 3 million ounces of precious metal on the property bordering Kinross Gold Corp.'s Fort Knox Mine – the bonanza grades encountered in the first hole of the 2020 season reminded investors of the project's high-grade roots. Situated alo... Full story
While Contango ORE Inc. opted not to carry out a 2020 field program in the midst of the COVID-19 pandemic, this unconventional mineral exploration company oft referred to as CORE churned out some of the most exciting results of the 2020 season. CORE entered 2020 with the appointment of Rick Van Nieuwenhuyse, one of the most prominent names in Alaska's mining sector, as president and CEO. The Alaska-based company exited the year as 30% owner of Alaska's next million-ounce gold... Full story
Following the July closing of a C$2 million private placement in which Eric Sprott acquired 20 million Avidian Gold Corp. shares, the junior explorer resumed exploration of its expanded portfolio of exploration properties in Alaska. Avidian has two properties adjacent to the Fort Knox Mine property, which makes them ideally located to be potential future sources of the higher grade ore Kinross Gold Corp. is seeking for its underused mill at Fort Knox. Avidian, which already... Full story
International Tower Hill Mines Ltd. Jan. 12 announced that its board of directors has approved a 2021 budget of US$5.6 million for a work program that will primarily be focused on the completion of a prefeasibility study that details the economic and engineering parameters of developing a mine at its 11.5-million-ounce Livengood gold project in Alaska. The new PFS will follow up on a similar study completed in 2017 that outlined plans for a 52,600-metric-ton-per-day mill at...
Kinross Gold Corp. has rolled out a strategy to double gold production at its Fort Knox Mine by feeding higher grade ore into the underutilized 14-million-metric-ton-per-year mill at the open-pit operation about 20 miles north of Fairbanks, Alaska. "We have enhanced our production profile, ramping up from approximately 200,000 ounces per year to approximately 400,000 ounces per year," Fort Knox General Manager Jeremy Brans told Mining News. While some of this new mill feedstoc... Full story
