The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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Enters into definitive agreement for initial 70% toward highly prospective Tombstone gold projects. Strategic Metals Ltd. March 4 announced it has approved Trifecta Gold Ltd. the right to earn up to 100% interest in 11 highly prospective, reduced intrusion-related gold projects located within the prolific Tombstone Gold Belt in Yukon, Canada. Often maintaining a low-key approach to its business operations, Strategic Metals is less a project miner and more a project generator...
Though effects of the COVID-19 pandemic lingered, mineral explorers rushed to the Yukon like moths to a flame during 2022. Mining's most daring sector rallied to generate the busiest field season seen in Canada's westernmost territory in years. In June, Natural Resources Canada projected mineral exploration and deposit appraisal spending in Yukon during 2022 to total C$157.9 million, up 14.5% from C$135.1 million estimated for 2021 and nearly double C$83.6 million in 2020....
Discovery Alaska Ltd. Oct. 12 reported that assay results have confirmed broad zones of lithium mineralization at the Coal Creek tin-silver-zinc prospect on the Australian exploration company's Chulitna property in Alaska. Situated roughly midway between Anchorage and Fairbanks, Alaska, and about four miles west of the paved Parks Highway, Chulitna consists of roughly 77 square miles of state mining claims covering the Partin Creek gold-silver-copper prospect and Coal Creek...
Granite Creek Copper Ltd. June 7 announced the start of its 2022 field exploration campaign at the high-grade Carmacks copper-gold-silver project in Canada's Yukon. According to the most recent calculation, Carmacks hosts 36.2 million metric tons of measured and indicated resource averaging 0.81% (651 million pounds) copper, 0.26 grams per metric ton (302,000 ounces) gold, 3.23 g/t (3.8 million oz) silver, and 0.011% (8.5 million lb) molybdenum. The first phase of the 2022...
Discovery Alaska Ltd. May 23 reported that its initial scanning with a handheld analyzer identified lithium across the entire length of core from 12 historical holes drilled at the Coal Creek prospect on the company's Chulitna property in Alaska. Situated about four miles west of the Parks Highway, roughly midway between Anchorage and Fairbanks, Alaska, Chulitna is a roughly 77-square-mile property that covers the Partin Creek gold-silver-copper prospect and the Coal Creek...
Granite Creek Copper Ltd. March 15 announced an updated NI 43-101 mineral resource estimate, showing a major increase in tonnage and contained metal at its wholly-owned Carmacks copper-gold-silver and now added molybdenum project in the highly prospective Minto Copper Belt of central Yukon, Canada. After acquiring Copper North Mining Corp. in late 2020, Granite Creek expanded its land position within Yukon's Minto Copper Belt to 176 square kilometers (68 square miles). This...
Avidian Gold Corp. Feb. 28 announced an update from the Copper King and Long Creek 2021 reverse-circulation drill program at its district-scale Golden Zone project strategically located in Southcentral Alaska. "The 2021 drilling results suggest that in the Copper King & Long Creek area, a nearby mineralized intrusive provided gold, copper and silver-bearing solutions that precipitated into favourable permeable sedimentary units that can be traced for over 2 kilometers and...
Roughly a 90-minute drive from Anchorage, it can be easy to miss Willow as one makes their way northbound. The view of Denali on the horizon, perhaps a visit to the Princess Lodge or a journey to Fairbanks. Even many lifelong residents may miss it for the more scenic destinations such as Talkeetna, yet the short blip that is Willow used to mean a lot more than buying fireworks. From 201 residents at the start of the new millennia to 190 in 2020, not much has changed in the...
Mining exploration and production activity soared in Yukon Territory in 2021 thanks to high metals prices, pro-industry government policies, and mounting successes in the field. Bouncing back from some of the most challenging working conditions in modern history due to the COVID-19 pandemic, placer and hardrock miners stepped up the pace of their activities, posting record production numbers and promising exploration results. With the rollout of COVID vaccines and the prospect...
Avidian Gold Corp. Oct. 21 announced that it has wrapped up 2021 exploration at Golden Zone, a gold-rich polymetallic exploration project strategically located midway between Anchorage and Fairbanks, Alaska, and only 6.2 miles (10 kilometers) west of the paved Parks Highway, Alaska Railroad, and the 345 kilovolt Alaska Intertie power lines. This year's program included 3,288 meters of reverse circulation (RC) drilling in 27 holes that tested the Mayflower Extension Zone...
From the advancements of technology during the Bronze Age to the computers and telecommunication systems of today's Big Data Era, tin has been critical to human progress for at least 5,500 years. Sometime around 3500 BC, Sumerians living in modern day Turkey and Iran discovered that mixing a little tin with copper created bronze, an alloy that produced much more durable weapons and tools than those cast from copper alone. This cutting-edge discovery offered a strategic and...
Granite Creek Copper Ltd. May 6 announced that two drills have been mobilized to the Carmacks (formerly Carmacks and Stu projects) to begin a roughly 10,000-meter 2021 drill program focused on expanding and upgrading copper-gold-silver resources at the Yukon project. "We continue to aggressively advance the Carmacks project, with its attributes of high-grade, near-surface copper, gold, and silver mineralization in an underexplored district-scale land position, and with the...
Granite Creek Copper Ltd. is leveraging the power of artificial intelligence to help discover more copper, gold, and silver across its Carmacks and Carmacks North project in the Yukon. After acquiring Copper North Mining Corp. late last year, Granite Creek expanded its land position within Yukon's Minto Copper Belt to 176 square kilometers (68 square miles). This merged land package includes the Carmacks deposit, which hosts 23.76 million metric tons of resources averaging...
Cans, cups, roofs, and foil hats are likely the first things that come to mind when thinking about tin – none of which conjure images of a metal that should be considered critical to a modern country like the United States. According to a study carried out by Massachusetts Institute of Technology, however, tin is the metal expected that be most impacted by new technologies. Commissioned by Rio Tinto, the MIT study found that tin beat out more likely technology metals candidate...
America's supply of tungsten, an extremely durable metal that is vital to a broad range of American industrial sectors, is at high-risk. A recent U.S. Geological Survey assessment to identify which mineral commodities are most at risk to supply disruptions ranked tungsten near the top of the list – alongside rare earth elements, cobalt and graphite, platinum group metals and tungsten. Like many of its neighbors at the top of the mineral commodity supply risk list, much of the...
With the acquisition of Copper North Mining Corp., Granite Creek Copper Ltd. now owns the advanced staged Carmacks copper-gold project and a roughly 20-kilometer- (12.5 miles) stretch of the highly prospective Minto Copper Belt in Canada's Yukon. Over the past two years, Granite Creek has been exploring Stu, a 111-square-kilometer (42.9 square miles) early stage gold-copper project. In a deal that closed on Nov. 27, Copper North has expanded its land position within the Minto...
When Granite Creek Copper Ltd. decided to refocus its energies on finding copper in Yukon Territory in October 2018, it swung into action, aggressively tackling its vision of becoming a leading copper exploration company. Just over two years later, the junior has acquired the advanced Carmacks Copper Project and is hoping to establish a mineral resource estimate on its larger Stu Project next door. To begin its transition, the junior changed its name from Granite Creek Gold...
If you have watched the metals markets over the last month, you know why Alaska's mineral industry has surged, stalled, swerved, swooped, slowed, shelved and stuttered, sometimes all at the same time! Gold has gone above US$1,500 per ounce; copper pundits are predicting an increasingly dour future; zinc markets are looking to dive below $1.00 per pound; tin markets have marched strongly upward due to supply disruptions; and silver bulls are calling for annual worldwide...
Those of you that attended the recent Cordilleran Roundup Convention in Vancouver can attest to the exuberant, upbeat atmosphere that pervaded the conference and was very much in evidence at the standing-room only festivities at our annual self-hosted Alaska Night meet and greet. But digging down under this veneer of optimism, many of the junior explorers and most of the producers admitted to their expectations of challenging times in 2019. Putting words to this apparent...
Granite Creek Copper Ltd. Feb. 19 said it has secured a substantial historical database detailing exploration work conducted on the area covered by the company's newly acquired Stu copper-gold-silver project about 47 kilometers (29 miles) northeast of Carmacks, Yukon. Granite Creek Copper is a newly formed exploration company that closed a deal to acquire Stu in January. At the time of the acquisition, the company closed a C$1.8 million non-brokered private placement...
Following a couple of quiet months where Alaska's mining industry focused on its work, the last month has seen an explosion of new info come out regarding that effort, some of it profound in its potential immediate, near-term and long-term implications. For example, one of Alaska's largest mines was sold to a new owner at a surprisingly low cost per ounce. The results of a robust new preliminary economic analysis were tabled by an advanced gold-silver exploration project...
Extremely hard and with the highest melting point of all the elements on the periodic table, tungsten is a vital ingredient to a wide-range of industrial and military applications, yet none of this durable metal is currently mined in the United States. According to the United States Geological Survey, more than half of the tungsten consumed in the U.S. last year was used to make the cemented tungsten-carbide, a compound typically made with equal parts tungsten and carbon....
Primarily associated with cans, cups and roofs, tin may not be the flashiest metal on the market, but it has been a strategic metal that has defined human progress since the onset of the Bronze Age around 5,500 years ago and is on the list of minerals critical to the security of the United States even today, according to the U.S. Geological Survey. "In a congressionally mandated U.S. Department of Defense study of strategic minerals published in 2013, tin was shown to have...
With more than 100 known tin occurrences, Alaska is considered the best place in America to establish a domestic source of this critical alloy metal that has defined human progress since the dawn of the Bronze Age. "Today, Alaskan tin deposits are known to be widespread, occurring from the central Alaska Range north to the Brooks Range and across Interior Alaska ... Southwest Alaska and the Seward Peninsula," according to the 1997 publication, Mineral Deposits of Alaska. And...
Extremely hard and with the highest melting point of all the elements on the periodic table, tungsten is vital to a broad spectrum of commercial and military applications, yet there are no mines in the United States producing this durable metal. Nearly 60 percent of the tungsten consumed in the U.S. during 2018 was used to make the cemented tungsten-carbide, a compound of roughly equal parts tungsten and carbon. Roughly twice as strong as steel, tungsten carbide is often...
