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 42
Newest gold deposit in the Fairbanks Mining District hosts nearly half a million oz of the precious metal; newly opened claims unlock growth potential. Felix Gold Ltd. June 20 announced that it has outlined 467,000 ounces of gold in an inaugural resource for the NW Array deposit on the company's Treasure Creek project about 12 miles north of Fairbanks, Alaska. "We are delighted to announce this maiden inferred mineral resource at NW Array, which represents a significant...
Secures right to explore prospective gold expansion targets to the west of pending NW Array resource. Felix Gold Ltd. May 16 announced that it now has the ability to explore expansion targets adjacent to the Northwest Array (NW Array) gold target on its Treasure Creek project about 12 miles north of Fairbanks, Alaska. Felix began assembling a large land package covering gold prospects in the Fairbanks Mining District during 2020. A compilation of historical data and...
HB122 would authorize AIDEA to issue up to $300 million in bonds and leverage federal funding for critical mineral infrastructure projects in Alaska. Home to 49 out of the 50 minerals deemed critical to the United States, Alaska has the potential to be a reliable domestic source of the mined materials vital to high-tech, clean energy, and national defense. America's Last Frontier, however, is often lacking when it comes to the infrastructure needed to fully unlock the state's... Full story
With metallurgical tests returning an average of 90% gold recoveries, Felix looks ahead to first resource calculation for emerging gold deposit. Felix Gold Ltd. April 10 reported that recent metallurgical test work returned strong gold recoveries for the oxidized material within the Northwest Array (NW Array) target at Treasure Creek, which lays the groundwork for calculating a maiden resource for this gold-antimony project about 12 miles west of Kinross Gold Corp.'s Fort...
Plans to carry out drilling to expand high-grade gold resource; primary focus remains on NW Array gold. Felix Gold Ltd. March 15 announced that it is taking a fresh look at a potential pathway to establishing a mine at the historical Grant gold mine a few miles northwest of Fairbanks, Alaska. A high-grade deposit was discovered at Grant in 1926 and small-scale mining was carried out there until 1942. Interest in the high-grade gold deposit was renewed in the 1970s and mining...
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
Since emerging on the Alaska mineral exploration scene in 2021, Felix Gold Ltd. has amassed more than 150 square miles of gold-enriched properties in the Fairbanks Mining District and is working toward establishing an inaugural resource at one of the most prospective gold targets discovered so far on this enormous land package. As Felix carries out systematic drilling to outline an at-surface gold-antimony resource at the NW Array target on its Treasure Creek property about... Full story
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... Full story
Felix Gold drills up to 28% antimony, including 6.1m of 13% Sb at project near Fairbanks, AK Felix Gold Ltd. Oct. 19 reported that assays from the 2023 drill program at the NW Array target returned high-grade antimony that elevates the criticality of the company's Treasure Creek project in Alaska. Since its emergence on the Alaska mining scene in 2021, Australia-based Felix has amassed more than 150 square miles of gold-enriched properties in the Fairbanks Mining District of...
Felix Gold Ltd. July 24 reported another batch of assay results that show its 2023 drill program at Treasure Creek is outlining a trend of strong near-surface gold and antimony at the NW Array target on this exploration property about 20 miles north of Fairbanks, Alaska. The Australia-based company completed 4,695 meters of drilling in 50 holes during an early season program at Treasure Creek. This drilling included 4,278 meters of resource delineation drilling in 45 holes at...
Australia-based Mine Discovery Fund launches Wiseman Metals to explore Doyon-owned copper & critical minerals properties; more deals to come. Since emerging on the Alaska mineral exploration scene in 2021, Felix Gold Ltd. has amassed more than 150 square miles of gold-enriched properties in the Fairbanks Mining District and is working toward establishing an inaugural resource at one of the most prospective gold targets discovered so far on this enormous land package. As Felix...
Felix Gold Ltd. July 3 reported that initial assay results from the 2023 program at Treasure Creek show that the drilling is beginning to define a trend of strong near-surface gold mineralization at NW Array, the initial exploration target on this property about 20 miles north of Fairbanks, Alaska. In May, Felix launched a drill program that was slated to involve 3,500 meters of drilling in 30 to 40 reverse circulation holes focused on establishing a near-surface resource at...
Felix Gold Ltd. May 30 announced the start of an infill drill program aimed at establishing a maiden resource for the NW Array target on the company's Treasure Creek gold-antimony project about 20 miles north of Fairbanks, Alaska. After completing an A$10 million (roughly US$7 million) initial public offering and listing on the Australian Securities Exchange at the beginning of 2022, Felix launched its first drilling at Treasure Creek with shallow reverse circulation holes at...
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
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
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. During 2022, two Australian companies had drills turning on large gold properties Millrock assembled in Alaska's Fairbanks and Goodpaster mining districts. The largest of these programs was carried out by Felix Gold Corp. on the Treasure Creek property in the Fairbanks District, a... Full story
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...
Millrock Resources Inc. Nov. 21 reported that the 2022 drilling being carried out by Felix Gold Ltd. continues to cut significant near-surface gold mineralization in multiple zones on the Treasure Creek property in Alaska's Fairbanks Mining District. As a private company, Felix entered into a strategic alliance with Millrock in 2021 on several Interior Alaska gold exploration projects – Treasure Creek and Ester Dome near the city of Fairbanks, plus the Liberty Bell project abo...
Felix hits gold at Treasure Creek; Resolution awaits more assays from Tourmaline Ridge Australian mineral exploration companies have been busy this summer with drill programs targeting gold prospects on the Treasure Creek and 64North projects that Millrock Resources Inc. has generated in Alaska's Fairbanks and Goodpaster mining districts. Treasure Creek is one property that makes up an enormous land package that Millrock and Felix Gold Ltd. have accumulated in the Fairbanks...
Felix Gold Ltd. Aug. 1 announced additional near surface gold intercepts from the 15,000-meter drill program being carried out this year on the Treasure Creek project about 20 miles north of Fairbanks, Alaska. Situated about 13 miles west of Kinross Gold Corp.'s Fort Knox Mine, Treasure Creek hosts numerous prospects with interesting drill intersections reported by previous explorers on the property. Roughly 2,000 soil samples collected last year identified two key targets...
Cutting 28.9 meters averaging 1.43 grams per metric ton gold in its second hole, Felix Gold Ltd. is off to a strong start at its Treasure Creek project a few miles north of Fairbanks, Alaska. Felix is an Australian mineral exploration company that was founded specifically to explore for gold in the Fairbanks Mining District, which was discovered by the company's namesake, Felix Pedro, in 1902. Early in 2022, Felix entered into a strategic alliance with Millrock Resources Inc....
Felix Gold Ltd. May 25 announced that it has leased 6,203 acres of gold prospective properties in the Fairbanks Mining District from the Alaska Mental Health Trust Land Office. Lying between Felix' Northeast Fairbanks and Treasure Creek claim packages, this newly leased MHT group of claims lies within 400 meters of the mill at Kinross Gold Corp.'s Fort Knox Mine and roughly 200 meters from the Dolphin deposit on Freegold Ventures Ltd.'s Golden Summit project. Felix says the...
Millrock Resources Inc. May 4 announced that Felix Gold Ltd. has begun drilling on the Treasure Creek gold project north of Fairbanks, Alaska. Early in 2021, Felix entered into an alliance with Millrock on several Interior Alaska gold exploration projects – Treasure Creek and Ester Grant near Fairbanks, plus the Liberty Bell project about 70 miles to the southwest. Earlier this year, Felix completed a A$10 million (U$7.1 million) initial public offering and listed on the A...
From an expected multimillion-dollar exploration program on the hardrock sources of the placer gold discovered by Felix Pedro in the Fairbanks Mining District 120 years ago to preliminary investigations of the Nikolai nickel-copper-cobalt-chromium-platinum group element project recently added to its portfolio, Millrock Resources Inc. is looking forward to a busy year of exploration on the properties it has generated in Alaska. "Millrock is looking forward to a very active...
Felix Gold Ltd. Jan. 31 announced the completion of an A$10 million (U$7.1 million) initial public offering and listing on the Australian Securities Exchange under the ASX symbol FXG. "This is a significant milestone for your company and the board of Felix would like to thank all shareholders for their strong support," Felix Gold Managing Director and CEO Kylie Prendergast penned in a Jan. 31 letter to shareholders. "Listed or unlisted, our overarching objective of becoming a...
