The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 101 - 125 of 212
Like many single-industry towns, once the well dries up, people seek greener pastures. However, the residents of a place many probably have never even heard of hold on to the remnants of their past. For them, it was an important and irreplaceable land, it was their home. Pine Point, Northwest Territories, was a town located 10 kilometers (6 miles) inland from the south shore of Great Slave Lake and 87 kilometers (54 miles) east of Hay River. Cominco Ltd. (now Teck Resources...
With 12.5 million acres of land spanning Alaska's Interior, Doyon Ltd. is the largest private landholder in the state and one of the largest in the nation. For mining and mineral exploration companies, the rich mineral potential of these lands may be more impressive than the sheer size of the estate. This is because the Doyon region is a nearly Texas-sized swath of Interior Alaska that is renowned for its gold and a host of other metals, providing the regional corporation,...
Northern British Columbia is known for its remote and rugged towns and few places can match that description as well as Stewart, a community at the southern tip of the province's famed Golden Triangle with deep mining roots. Located just across the border from the Southeast Alaska panhandle and at the head of what is called the Portland Canal, this town was built on the backs of pioneers and has retained much of its frontier history. Originally the land around Stewart was the...
Klondike Gold Corp. Dec. 10 reported that its latest batch of drill results have expanded the Lone Star zone on the company's wholly owned Klondike District gold property, a 527-square-kilometers (203 square miles) block of mining claims that covers a 55-kilometer- (34 miles) long region of the Yukon that has produced more than 20 million ounces of placer gold since the legendary rush to the region in 1898. This year, Klondike Gold drilled 87 holes (9,511.93 meters) targeting...
The state of Alaska Nov. 8 filed a lawsuit against the United States Bureau of Land Management, asserting ownership of the submerged lands beneath the Middle Fork and North Fork of the Fortymile River. This lawsuit comes on the heels of other successful efforts to confirm the state's ownership of navigable waterways across Alaska. "Unlike many other areas in the U.S., Alaska's waterways are very much still used as highways," said Alaska Attorney General Jahna Lindemuth. "It's...
Members of the Kaminak Gold Corp. executive team have reunited to form Tectonic Metals Corp., a private exploration company that has acquired three overlooked gold exploration properties in Alaska's Eastern Interior. While with Kaminak, this team advanced the Coffee project in the Yukon from a grassroots discovery to a roughly 5-million-ounce gold mine project that Goldcorp Inc. acquired in 2017 for C$520 million. Cashing in on Coffee, several of the Kaminak executives moved...
It's clear by now that famed prospector Shawn Ryan has the Midas Touch when it comes to making significant mineral discoveries in the White Gold District of west-central Yukon Territory. During the past few weeks, junior mining company White Gold Corp. – which Ryan guides as chief technical advisor – reported not one, not two, but at least three significant gold discoveries in the region. White Gold's C$9 million, 14,500-meter exploration program for 2018 targeted expansion of...
While claim staking and mineral exploration has rocketed in Yukon's famed White Gold and Klondike districts, this prolific action nearly comes to a halt at the territory's western border with Alaska. This has given rise to a tongue-in-cheek theory that there must be a major fault separating the mineral rich lands in western Yukon from the barren lands west of the border. This "Border Fault" apparently does exist. It is not, however, a major geological structure separating...
Klondike Gold Corp. Aug. 14 said it is expanding this year's drill program at its Klondike District property in the Yukon, including the addition of a second drill to test the Nugget zone. The first drill continues to focus on expanding Lone Star gold, a sizeable lode gold zone that lies above the confluence of celebrated Bonanza and Eldorado Creeks. The Lone Star drill program will continue to systematically test sections to outline the geometry, continuity, and extent of...
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....
Pembridge Resources plc June 11 announced that it has signed a terms agreement with a leading global Japanese trading house that will provide the England-based company US$30 million in exchange for an offtake agreement for 125,000 metric tons of copper concentrate to be produced at the Minto Mine in the Yukon. In February, Pembridge cut a deal with Capstone Mining Corp. to acquire Minto for US$37.5 million in cash, plus working capital adjustments, and common shares...
Golden Predator Mining Corp. and Yukon Mint, a Golden Predator subsidiary, May 30 unveiled the First Yukon Mint .9999 gold coin at an event in Toronto, Ontario. Yukon Mint gold coins will be part of a limited annual series of First Nation art selected through design contests on the obverse side and an iconic image of Klondike Gold Rush on the reverse. The First Yukon Mint coin features the work of Kaska Nation artist Miranda Lane, a self-taught artist and spiritual intuitive....
Klondike Gold Corp. May 24 said drilling is now underway at the company's 527-square-kilometer (203 square miles) Klondike District gold project near Dawson City, Yukon. The 2018 program is slated to include at least 5,000 meters of drilling aimed to gain a better understanding of the property's larger potential by systematically testing for gold mineralization along a trend that spans the entire property, from the Lone Star zone to the newly discovered Gold Run target, about...
Osisko Metals Inc. May 15 said drilling has encountered zinc mineralization between the L-35 and L-36 deposit areas on its Pine Point project in Northwest Territories. Discovered by prospectors during the Klondike Gold Rush, Pine Point is the site of a mine near the community of Hay River that Cominco Ltd. operated from 1964 to 1987. Costing $133 million to develop, a mega-project for its time, the Historic Pine Point Mine included a railroad, hydro-electric dam and a town...
Klondike Gold Corp. March 19 announced plans for a C$2.5 million exploration program at its Klondike District gold property near Dawson City, Yukon. The company's 527 square kilometers (203 square miles) of mining claims blanket a 55-kilometer- (34 miles) long swath of the Klondike Gold District, which has produced more than 20 million ounces of placer gold since the stampede to the legendary mining district in 1898. Designed to systematically test for gold mineralization...
Born from an idea to create a vehicle that could provide Alaska businesses lower interest rates offered by tax-exempt financing, the Alaska Industrial Development and Export Authority, or AIDEA, has been doing its part to create jobs and bolster Alaska's economy for five decades. "Fifty years ago, the Alaska State Legislature created the Alaska Industrial Development and Export Authority, to develop, encourage, and improve the economic potential and welfare of the people of...
More than three dozen explorers chased lucrative mineral deposits in Yukon Territory in 2017 and most of these junior and senior companies returned to the northern jurisdiction this year to take another crack at hitting the jackpot. Known for its rich and storied gold mining history as well as its rugged mountain peaks, Yukon is roughly 15 percent larger than California, covering more than 482,000 square kilometers (186,272 square miles). Split off from the Northwest...
Golden Predator Mining Corp. kicked off 2018 with results from 43 "grade control" holes drilled at its 3 Aces project in southeast Yukon, including the highest-grade gold intersection drilled on the property. Highlights include: 13.72 meters of 43.02 grams per metric ton gold from a depth of 1.52 meters in hole 3A17-220, including 0.76 meters of 550 g/t (17.7 ounces per metric ton) gold; 9.15 meters of 41.03 g/t gold from a depth of 0.76 meters in 3A17-230, including 0.76...
Klondike Gold Corp. is exploring the hills above the legendary Yukon creeks that have produced more than 20 million ounces of placer gold since the stampede to the Klondike in 1898. The company's 527 square kilometers (203 square miles) of mining claims cover a 55-kilometer- (34 miles) long swath of the legendary Klondike Gold District. A roughly 9,000-meter drill program carried out this year focused on gaining a better understanding of the Klondike District property's...
"Pedro's Pan," a children's book subtitled, "A Gold Rush Story," was written by Matthew Lasley and illustrated by Jacob Souva. An engaging 32-page tale, it is a rare gem – a small volume that tells a big story. Narrated by an Alaska prospector's gold pan, the book is cleverly written and wonderfully illustrated. From cover to cover, it is a sheer delight that young children will find intriguing, funny and exciting. Older children and adults will be equally captivated, not o...
Roads to some of Yukon's richest mining districts are getting more than C$360 million in upgrades. Canada Prime Minister Justin Trudeau rolled out the plans to invest in modern transportation infrastructure during a visit to the territory on Sep. 2. "Modern infrastructure is key to developing and properly managing the incredible natural resources we have at our fingertips," Trudeau said. The prime minister pledged C$247.8 million to the Yukon Resource Gateway project, a...
Klondike Gold Corp. is finding hardrock gold in the hills above the legendary Yukon creeks that have produced more than 20 million ounces of placer gold since the stampede to the Klondike in 1898. The company's 527 square kilometers (203 square miles) of mining claims blanket a 55-kilometer- (34 miles) long swath of the legendary Klondike Gold District. After restructuring in 2014, the company has been systematically exploring this expansive property, work that has led to the...
As some of the world's biggest gold miners nab exciting plays that turned up across Yukon Territory during the past decade, Yukon's mining explorers continue to seek the next generation of mine projects in the northwestern-most Canadian territory. Many of the up and coming mines in Yukon also are getting a boost from C$360 million in upgrades to roads into some of Yukon's richest mining districts. Known as the Yukon Resource Gateway project, the endeavor to modernize...
Following up on the discoveries made during a C$1 billion exploration explosion in the Yukon from 2007 until 2013, five of the world's largest gold producers are leading a second wave of the 21st Century Yukon Gold Rush. Kinross Gold Corp., which operates the Fort Knox Mine in neighboring Alaska, was the first of the majors to grab a foothold in the Yukon when it acquired the White Gold property in 2009. The real rush of majors to the westernmost Canada territory, however,...
Klondike Gold Corp. Aug. 22 reported the start of a third phase of drilling at its Klondike district gold project in the Yukon. The company also said it has added a second rig with the goal of drilling 40 holes in 30 days during an accelerated program at this 527-square-kilometer Klondike property just southeast of Dawson City. This program will start with 40 holes along the Lone Star target/Bonanza Fault trend to test along a 4,000-metr-long soil anomaly identified there. If the weather holds out, the company plans to test...
