The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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Agrees to sell Golden Zone, Amanita projects for up to $3.4 million in cash and Contango Ore shares. Avidian Gold Corp. May 2 announced that it has entered into a binding agreement to sell its Alaskan subsidiary, Avidian Gold Alaska Inc., to Contango ORE Inc. for US$2.4 million (C$3.3 million), plus a potential future payment of US$1 million (C$1.4 million) if Contango takes either of Avidian's Alaska assets to a production decision. "This transaction is a win-win,... Full story
Buyout will bring Johnson Tract into Contango Ore's pipeline of high-quality Alaska gold mine projects. In a deal that brings three high-quality Alaska gold projects into a single portfolio, Contango ORE Inc. has entered into a definitive agreement to acquire HighGold Mining Inc. in an all-shares deal valued at roughly $37 million (C$55 million). "The combination of HighGold and Contango makes a tremendous amount of strategic sense for both sets of shareholders – it is a t... Full story
Early plans for 2024 include work at new property, throughout greater project; details on effects from possible merger by HighGold and Contango ORE. Onyx Gold Corp. May 9 announced that it has entered into an option agreement to acquire the WEAS property from Senoa Gold Corp.; claims contiguous with the company's King Tut project in Yukon's Tombstone Gold Belt. Spun out last year from properties previously held by HighGold Mining Inc., Onyx Gold holds 100% interest in four...
MobileMT EM survey lights up several untested VMS and porphyry targets at Johnson Tract. HighGold Mining Inc. Feb. 28 reported that a property-wide electromagnetic (EM) and magnetic geophysical survey has outlined a 7.5-mile- (12 kilometers) long corridor of gold-rich volcanogenic massive sulfide (VMS) targets at Johnson Tract that are similar to the JT Deposit and Ellis Zone found along this trend, along with two significant porphyry-style copper-gold targets alongside the...
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
Launching a multi-year initiative to unlock the potential of its Johnson Tract gold project in Southcentral Alaska, HighGold Mining Inc. began with an exploration and development program in 2023 that truly showcases the methodical efficiency with which the company aims to push the property to feasibility. Getting drills turning at the end of June, HighGold targeted an 8,000-meter program that is part of its larger multi-year plan designed to de-risk the project and support... Full story
As a vehicle for Ontario and gold exploration properties spun out of HighGold Mining Inc., the cleverly named Onyx (ONtario Yukon eXploration) Gold Inc. hit the ground running with an experienced team and the capital to begin exploring as one of Canada's newest mining juniors. HighGold felt its land holdings within the highly prospective and overlapping Tintina and Tombstone gold belts in Yukon's Selwyn Basin and within Ontario's portion of the Abitibi greenstone belt, Canada'...
HighGold Mining Inc. Nov. 20 announced an update for its 2023 exploration and development program, as well as the final drill results from its Johnson Tract project in Southcentral Alaska. "We had a busy and productive field season this year," said HighGold Mining President and CEO Darwin Green. "We completed a significant drill program aimed at expanding existing zones and targeting new discoveries. Results from the drill program are encouraging and will serve to inform... Full story
HighGold Mining Inc. Sept. 6 reported another spectacular gold intercept in the initial batch of assays from the 2023 drill program at its Johnson Tract polymetallic project in Southcentral Alaska. Located on the west side of Cook Inlet, about 125 miles southwest of Anchorage, Johnson Tract is a 20,942-acre property owned by Cook Inlet Regional Inc., an Alaska Native Claims Settlement Act (ANCSA) regional corporation, more commonly known as CIRI. Since optioning Johnson Tract...
HighGold Mining Inc. Aug. 22 provided an update on the 2023 exploration and development program at the company's Johnson Tract property in Southcentral Alaska, showcasing the methodical efficiency with which HighGold aims to push the property to feasibility. Located on the west side of Cook Inlet, about 125 miles southwest of Anchorage, Johnson Tract is a 20,942-acre property owned by Cook Inlet Regional Inc., an Alaska Native Claims Settlement Act (ANCSA) regional corporation...
Onyx Gold Corp. Aug. 2 announced the start of a 2,500-meter drill program at King Tut, which the new Canada-focused junior explorer believes to host the best undrilled intrusive-related gold-in-soil anomalies within eastern Yukon's emerging Tombstone Gold Belt not already controlled by Snowline Gold Corp. King Tut is the most advanced of four Yukon properties held by Onyx, a junior exploration company spun out of HighGold Mining Inc. to explore a portfolio of gold properties i...
Onyx Gold Corp. Sept. 11 announced an update on its ongoing exploration at the King Tut property in Yukon, Canada, then shortly after reported listing on the OTC Markets in the United States, fulfilling criteria to be a part of OTCQX, the highest tier available through this exchange. Nestled between Snowline Gold's Rogue and Golden Oly properties to the north and south and Fireweed Metals' Macmillan Pass project to the northeast, Onyx Gold holds 100% interest in four separate...
With a world now connected by commercial aircraft, defended by sound-breaking jets, and explored by the bizarre rotors of a helicopter, aviation is a concept now often taken for granted but still nonetheless a gift that should be admired as it has allowed an evolution no less impactful than today's internet. While many may think the advent of aviation came solely from the wild imaginings of the Wright Brothers at the turn of the 20th century, the dream of flight has been speck... Full story
Explores Ellis Zone expansion; begins groundwork for an underground exploration ramp at JT gold deposit. HighGold Mining Inc. June 29 announced the launch of a roughly 8,000-meter drill program that is part of a larger multi-year initiative to evaluate the potential for a smaller-footprint, high-grade underground gold mine on its Johnson Tract property in Alaska. "Our plans include significant exploration drilling to grow the property-wide mineral resource base and to...
Onyx Gold Corp. July 24 announced the introduction of the company's executive team and exploration plans for its properties within the highly prospective and overlapping Tintina and Tombstone gold belts in Yukon's Selwyn Basin, and within Ontario's portion of the Abitibi greenstone belt, Canada's most prolific gold region. Early this year, HighGold Mining Inc. spun out its (ON)tario (Y)ukon e(X)ploration properties into Onyx Gold and transferred all its outstanding shares...
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
After elevating the resource in the JT deposit to above 1 million ounces of gold-equivalent, HighGold Mining Inc. focused its 2022 drilling at its Johnson Tract property in Alaska largely on expanding the high-grade mineralization at the Difficult Creek target area about 2.5 miles (four kilometers) to the northeast. Located on the west side of Cook Inlet, about 125 miles southwest of Anchorage, Alaska, Johnson Tract is a 20,942-acre property owned by Cook Inlet Regional Inc.,... Full story
HighGold Mining Inc. Dec. 8 reported that the final batch of assay results from its 2022 drilling of the Ellis Zone discovery provides further evidence of the potential for multiple high-grade gold deposits on its Johnson Tract gold project in Southcentral Alaska. JT Deposit at Johnson Tract hosts 3.49 million metric tons of indicated resource averaging 5.33 grams per metric ton (598,000 ounces) gold, 6 g/t (673,000 oz) silver, 5.21% (400.8 million pounds) zinc, 0.59% (43.1...
HighGold Mining Inc. Nov. 29 reported that one hole drilled this year at JT cut 120.5 meters averaging 18.76 grams per metric ton gold, the best intercept ever encountered at the namesake deposit on the company's Johnson Tract project in Southcentral Alaska. According to a calculation completed earlier this year, JT deposit hosts 3.49 million metric tons of indicated resource averaging 5.33 g/t (598,000 ounces) gold, 6 g/t (673,000 oz) silver, 5.21% (400.8 million pounds)...
HighGold drilling expands gold-rich Ellis Zone north of 1M oz JT Deposit. With the latest batch of assay results showing the drills are continuing to cut broad layers of high-grade gold at Ellis Zone, it appears that HighGold Mining Inc. is beginning to outline a second gold-rich polymetallic deposit at its Johnson Tract project in Southcentral Alaska. JT, the first deposit outlined on the 20,942-acre Johnson Tract property, hosts 3.49 million metric tons of indicated...
HighGold Mining Inc. Sept. 12 announced that its 2022 drilling is extending high-grade gold mineralization at Ellis Zone, a recently identified mineralized trend associated with the bonanza-grade gold drilled last year at the Difficult Creek (DC) prospect on the company's Johnson Tract property in Southcentral Alaska. Johnson Tract is currently anchored by JT Deposit, which hosts 3.49 million metric tons of indicated resource averaging 5.33 grams per metric ton (598,000...
HighGold Mining Inc. July 12 announced a 40% increase in the gold-equivalent resource at the JT deposit on the company's Johnson Tract property in Southcentral Alaska. According to the new calculation, JT deposit hosts 3.49 million metric tons of indicated resource averaging 5.33 grams per metric ton (598,000 ounces) gold, 6 g/t (673,000 oz) silver, 5.21% (400.8 million pounds) zinc, 0.59% (43.1 million lb) copper, and 0.67% (51.5 million lb) lead. Including the value of all...
HighGold Mining Inc. June 22 reported that testing shows that conventional metallurgical techniques yield very high-quality copper, zinc, lead, and gold concentrates from the JT deposit on its Johnson Tract project in Southcentral Alaska. According to a calculation completed prior to the start of 2020 drilling, 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%...
HighGold Mining Inc. May 31 announced plans for a US$9 million exploration program at Johnson Tract that will include at least 13,000 meters of drilling to expand upon known polymetallic gold deposits and targets, and test for new discoveries across the 20,942-acre property in Southcentral Alaska. According to a calculation completed prior to the start of 2020 drilling, the JT deposit hosts 2.14 million metric tons of indicated resource averaging 6.07 grams per metric ton...
On March 18, 2022, Alaska's mining community lost Bill Ellis, a close friend and geologist that was universally loved for his kind spirit and optimism, traits that will live on as a legacy as solid as the Alaska rocks he explored for the better part of half a century. All of us at North of 60 Mining News were blessed to get to know Bill and wish to send our love and condolences to his family, friends, and colleagues. In honor of Bill's memory, we would like to republish "Bill... Full story
