The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 51 - 75 of 85
HighGold Mining Inc. March 10 announced that its 2020 drilling has discovered a new zone of what appears to be zinc-rich volcanogenic massive sulfide mineralization near the JT deposit, which opens up a whole new resource potential at the company's Johnson Tract polymetallic gold project in Southcentral Alaska. Based on historical drilling and nine holes completed by HighGold in 2019, the JT deposit hosts 2.14 million metric tons of indicated resource averaging 6.07 grams per...
HighGold Mining Inc. Feb. 11 announced that surface sampling has turned up zones of high-grade silver and copper at the Difficult Creek prospect about 2.5 miles (four kilometers) northeast of the JT deposit on the company's Johnson Tract property in Southcentral Alaska. While drills were expanding upon the high-grade gold, copper, and zinc mineralization at JT, HighGold geologists carried out a large-scale regional reconnaissance program across the 21,036-acre (8,513...
HighGold Mining Inc. Jan. 21 reported that the latest batch of results from the 2020 drill program at its Johnson Tract project in Alaska has confirmed the expansion potential of the main JT deposit, as well as the deeper Footwall copper-silver zone. "We continue to be encouraged by the continuation and strength of the JT deposit mineral system at depth and by the emergence of the Footwall copper-silver zone, a new area of copper-silver rich mineralization with resource...
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
"It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of light, it was the season of darkness, it was the spring of hope, it was the winter of despair." I cannot help but to reflect on this famous opening passage in Charles Dickens' A Tale of Two Cities when considering the dichotomy of mineral exploration across Alaska and Canada's North... Full story
Attracting the attention of some of the biggest names in the resource investment world, HighGold Mining Inc. raised C$13.8 million in July to fund an expanded drill program at its Johnson Tract gold project in Southcentral Alaska. HighGold Mining was formed in 2019 to explore gold properties spun out of Constantine Metal Resources that included Johnson Tract. Situated on Cook Inlet Region Inc., or CIRI, land about six miles west of Cook Inlet and roughly 125 miles southwest... Full story
Constantine Metal Resources Ltd.'s 2020 program focused primarily on exploring the hardrock source of Porcupine gold placer mining on its Palmer project in Southeast Alaska. Constantine has traditionally focused its exploration on the discovery and expansion of volcanogenic massive sulfide deposits at Palmer. This work has outlined 4.68 million metric tons of indicated resource averaging 5.23% (539 million pounds) zinc, 1.49% (154 million lb) copper, 30.8 grams per metric ton... Full story
HighGold Mining Inc. Nov. 18 reports that the latest batch of assay results from the 2020 program at Johnson Tract continue to expand high-grade gold, copper, and zinc mineralization at the JT deposit on this project in Southcentral Alaska. According to a calculation earlier this year, the JT deposit hosts 2.14 million metric tons of indicated resource averaging 6.07 grams per metric ton (417,000 ounces) gold, 5.8 g/t (397,000 oz) silver, 5.85% (275.3 million pounds) zinc,...
HighGold Mining Inc. Oct. 15 reported that step out drilling continues to expand the gold-rich resource at the Johnson Tract project in Southcentral Alaska, including a copper-rich zone in the footwall of the JT deposit. According to a calculation earlier this year, the JT deposit hosts 2.14 million metric tons of indicated resource averaging 6.07 grams per metric ton (417,000 ounces) gold, 5.8 g/t (397,000 oz) silver, 5.85% (275.3 million pounds) zinc, 0.57% (26.8 million... Full story
HighGold Mining Inc. Sept. 9 reports that the 2020 drill program on its Johnson Tract project in Southcentral Alaska picked up where the 2019 program left off – drills tapping long sections of high-grade gold and base metal mineralization. Situated on the west side of Cook Inlet about 125 miles southwest of Anchorage, Johnson Tract is a gold-copper-zinc-silver-lead project that had been inactive for the 25 years prior to HighGold's 2019 program there. Highlights from the 2019...
Rising metal prices are helping to soften the blow COVID-19 has landed on Alaska's mining sector in 2020. While mining has been deemed an essential business in Alaska, which has helped keep the six large mines in the state operating during the pandemic, measures put in place to slow the spread of COVID-19 are weighing on production at some of these operations. Efforts to flatten the curve on the spread of coronavirus also disrupted several winter drill programs in Alaska,... Full story
Constantine Metal Resources Ltd. Aug. 13 has identified a potential source area for the historical Porcupine gold placer mining operation located on its Palmer property in Southeast Alaska. Constantine has traditionally focused its exploration efforts on the discovery and expansion of volcanogenic massive sulfide deposits rich in a wide variety of base and precious metals. This work has outlined 4.68 million metric tons of indicated resource averaging 5.23% zinc, 1.49%...
HighGold Mining Inc. July 22 announced that it now plans to complete at least 15,000 meters of drilling this year at its Johnson Tract Gold Project in Southcentral Alaska. HighGold had originally planned to complete 7,000 to 10,000 meters of drilling during the 2020 program at Johnson Tract. Strong investor interest, however, resulted in a very strong financing that closed earlier this month. As a result, the company has expanded the scope of this year's work. "With the...
HighGold Mining Inc. July 8 announced that it has raised C$12 million to fund an expanded drill program at its Johnson Tract gold project in Southcentral Alaska. Situated on Cook Inlet Region Inc., or CIRI, land on the west side of Cook Inlet, Johnson Tract hosts high-grade gold mineralization that is further enriched by associated silver, copper, zinc, and lead. According to a calculation earlier this year, the JT deposit at Johnson tract hosts 2.14 million metric tons of...
HighGold Mining Inc. June 30 announced the start of the 2020 exploration program at its Johnson Tract gold project in Southcentral Alaska. During the initial phase of this program, the company plans to complete 7,000 to 10,000 meters of diamond drilling to investigate five targets surrounding the property's JT deposit. "We are excited to launch on the first serious exploration drill program in 25 years at Johnson" said HighGold Mining President and CEO Darwin Green. According...
HighGold Mining Inc. April 29 published the first NI 43-101 mineral resource estimate for the JT deposit, a modern industry compliant calculation that confirms the robust nature of this gold-silver-copper-zinc deposit on the company's Johnson Tract property in Southcentral Alaska. According to this new calculation, JT hosts 2.14 million metric tons of indicated resource averaging 6.07 grams per metric ton gold, 5.8 g/t silver, 5.85% zinc, 0.57% copper, and 0.71% lead. When...
HighGold Mining Inc. Feb. 5 reported high-grade precious and base metals results from surface sampling at Difficult Creek, a target on the company's Johnson Tract property in Alaska that lies about 4,500 meters northeast of the main JT deposit. Based on 88 holes drilled prior to 1995, JT deposit hosts 1.04 million metric tons of historical resource averaging 10.05 grams per metric ton gold, 7.63 g/t silver, 8.32 percent zinc and 1.13 percent lead. In addition to a nine-hole...
In November 1996, a little over 23 years ago, I began writing quarterly mining news summaries for the Society of Economic Geologists (SEG). Shortly after that, I began writing monthly summaries for this publication's ancestor, Mining News Alaska, and have continued both monthly, quarterly and annual mining news summaries ever since. With this summary, I have written my last Alaska update for North of 60 Mining News. When I wrote my first summary, Greens Creek was milling only... Full story
With more than half of Alaska's entire population living within its region, Cook Inlet Region Inc., more commonly known as CIRI, is the most metropolitan of the 12 landholding Alaska Native regional corporations. While CIRI has leveraged its urban position with retail developments such as Tikahtnu Commons, an enormous retail and entertainment center on the outskirts of Anchorage, the Southcentral Alaska regional corporation also has oil and gas, renewable energy and mining... Full story
HighGold Mining Inc. Dec. 19 reported that the final two holes of the 2019 drill program at Johnson Tract discovered a new silver-copper-zinc-rich vein system in the footwall of the JT deposit and expanded the high-grade gold that is the main economic driver for the deposit. Based on 88 holes drilled prior to 1995, JT deposit hosts 1.04 million metric tons of historical resource averaging 10.05 grams per metric ton gold, 7.63 g/t silver, 8.32 percent zinc and 1.13 percent...
HighGold Mining Inc. Dec. 10 reports that assay results from the nine-hole drill program completed this year at Johnson Tract continue to confirm the robust gold-silver-copper-zinc-lead mineralization this Southcentral Alaska project in known for. This batch of results is from five holes aimed at upgrading and expanding the JT deposit, which is also referred to as Johnson Tract Main deposit. Based on 88 holes drilled prior to 1995, JT deposit hosts 1.04 million metric tons of...
As the year winds down, mineral industry evaluations for 2019 are being published at a rapid rate. One of the most interesting such global reviews is EY Global Mining and Metals' annual "risk radar" for mining and metals, outlining what mining companies perceive as the top ten risks facing them in the near future. This publication stated that, for the second straight year, "social license to operate" remains the number one risk facing mining companies in 2020. This was... Full story
HighGold Mining Inc. Nov. 5. reported a long section of world-class gold-zinc-copper mineralization in its first hole at the Johnson Tract gold project in Southcentral Alaska. The newly formed company's inaugural hole, JT19-082, cut 107.8 meters averaging 12.42 grams per metric ton gold, 8.9 g/t silver, 0.88 percent copper, 7.11 percent zinc and 1.64 percent lead – or 19.55 g/t gold-equivalent. "Johnson Tract is one of an elite few gold deposits to generate drill i...
HighGold Mining Inc. was launched this summer to explore gold properties spun out of Constantine Metal Resources Ltd. While the spin-out of HighGold was not finalized until early August, the new company hit the ground running with drills turning at Johnson Tract, a gold-rich volcanogenic massive sulfide VMS project in Southcentral Alaska. Situated about six miles west of Cook Inlet and roughly 125 miles southwest of Anchorage, the 20,942-acre Johnson Tract property hosts a gol... Full story
In order to focus on its flagship Palmer project in Southeast Alaska and to realize greater value from its portfolio of gold properties, Constantine Metal Resources Ltd. spun its gold assets into a new exploration junior, HighGold Mining Inc. "Constantine will continue to create shareholder value by advancing the Palmer project and will allow shareholders to realize the value locked in the gold assets through their spinout into a separate entity," said Constantine Metal Resour... Full story
