The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 76 - 100 of 211
After 11 years of triumphs and travails, Victoria Gold Corp. has achieved commercial production at Eagle, the largest gold mine in the Yukon's storied history. Like any modern hardrock gold operation, however, the tale of the Eagle Gold Mine reaches much further back into the annuls of history. In "Dublin Gulch, A History of the Eagle Gold Mine", Michael Gates tells a 125-year saga of dedication, determination, and a small mining company with large aspirations of building a mi...
White Rock Minerals Ltd. June 10 said a team of geologists is slated to explore the Last Chance prospect in preparation for the first drilling at this gold discovery on the company's Red Mountain project in Interior Alaska. A detailed regional stream sediment program carried out last year led to the discovery of Last Chance, which is located on the west end of White Rock's 216-square-mile (559 square kilometers) property about 60 miles (100 kilometers) south of Fairbanks. Whil...
Klondike Gold Corp. June 1 announced that the 2020 exploration program is underway on its Klondike District property, a 586-square-kilometer (226 square miles) land package that blankets much of the legendary 20-million-ounce placer gold district near Dawson City, Yukon. This year's program includes three phases of drilling targeting the Lone Star and Stander (formerly known as Nugget) zones, which lie between the Eldorado and Bonanza Creeks of Klondike Gold Rush fame. The...
Tectonic Metals Inc. June 2 announced plans to raise an additional C$3 million to fund 2020 drill programs on two of its Alaska properties – Tibbs and Seventymile. In April, Doyon Ltd. invested US$1.5 million (C$2.1 million) to acquire a 16.1% strategic ownership of Tectonic. An Alaska Native Claims Settlement Act (ANCSA) regional corporation, Doyon owns 12.5 million acres of land spanning Alaska's Interior, making it the largest private landholder in the state and one of t...
White Gold Corp. is gearing up for another season of systematically advancing the dozens of exploration targets identified across its more than 1-million-acre (422,730 hectares) land package in Yukon's White Gold District. On May 15, the Yukon-focused gold exploration company announced that longtime strategic partners and new institutional investors are participating in a C$6 million financing that involves the issuance of 6.67 million flow-through shares at C90 cents each. Go...
More than a century-old silver discovery turned settlement may see a revitalization with recent exploration efforts at the Keno Hill District. Lying within the traditional land of the First Nation of Na-Cho Nyäk Dun, the Keno Hill Mining District comprises almost 90 square miles (235 square kilometers) characterized by numerous mineral occurrences in more than 35 mines with a history of production. According to the Yukon government records, between 1913 and 1989 the district...
A true northern pioneer far from his Eastern European home, 'Wise' Mike Stepovich, settles in a new land and leaves behind a historic legacy in Alaska's Golden Heart City. The history of Fairbanks is not unlike many other gold rush settlements, rife with rugged explorers, savvy tycoons and luckless vagabonds. So, the melting pot of happenstance plays its hand again and begets a fascinating tale of a frontier city and a man far from home. It is hard to say whether Stepovich...
The incredibly interesting history of Juneau is a tale of gold, the persistence of a Tlingit chief and a series of chance events that allowed Alaska's future capital to grow and leave its mark on history, a story that continues to be written today. Juneau is home to some of the earliest large-scale gold mining sites in Alaska. But, if you were to ask the pioneers who founded the future capital that their settlement would become the seat of government in a future state of...
In 21 months, Osisko Metals Ltd. has boosted the mineral resource estimate for its Pine Point zinc-lead project near Hay River in Northwest Territories by 36 percent to 50 million metric tons, a critical milestone for base metal mining ventures. The Montreal-based junior is also generating new excitement about the brownfields project by reporting more high-grade assays and additional evidence of upside mineral potential on the 22,213-hectare (8,990 acres) property located...
Investors looking for mineral exploration companies boasting a team with a proven track record and gold properties in safe and mineral-rich jurisdictions have a new choice with the Tectonic Metals Inc. symbol, TECT, listed on the TSX Venture Exchange at the opening of trading on Nov. 18. While Tectonic may be the newest mineral explorer on the TSX Venture Exchange, the company has been acquiring and assessing gold properties in Alaska for the past two years as a privately...
Klondike Gold Corp. Sept. 3 reported that following the success so far of drilling at its Klondike District property, the company has raised C$770,000 to extend the program into October. In early August, the company reported that drilling had tapped bonanza grade gold and silver at Nugget, one of the zones identified on the 576-square-kilometer (217 square miles) Klondike District property near Dawson City, Yukon. Nugget Zone is associated with a prominent, 8,000-meter-long...
By 1898, the Klondike Gold Rush was beginning to wane and many of the roughly 100,000 people that trekked to the Yukon were seeking new regions to make their golden fortunes - moving in every direction at the merest mention of a new discovery. Many of these Klondike Gold Rushers headed west to the golden beaches of Nome whilst others would return south and discover the richest gold mining region of British Columbia, the Atlin District. Considered one of the most important...
Yukon Territory, a mineral exploration frontrunner in Canada's North, is witnessing a significant slowdown in 2019. As a result, growth in Yukon's economy is expected to slow this year but rebound in 2020, according to The Conference Board of Canada. In its "Territorial Outlook Economic Forecast: Summer 2019," released in June, the board said new mines coming online in 2020 will drive Yukon's growth in the near future. Several factors, however, have converged to put the...
Klondike Gold Corp. Aug. 6 reported a bonanza grade gold and silver intercept from this summer's drilling at Nugget Zone on the company's 576-square-kilometer (217 square miles) Klondike District property near Dawson City, Yukon. Lying west of Lone Star and north of Gay Gulch – two other exciting zones on the Klondike property –Nugget Zone is associated with a prominent, 8,000-meter-long magnetic low known as the Nugget fault. A 2,500-meter stretch of this fault hosts gol...
Alaska, the Last Frontier, it is home to some of the most influential pioneering and mining discoveries in history. A rich wilderness still rife with unexplored and untapped potential. It is here we will delve into one of the most peculiar and interesting settlements and learn just how it came to be. At the southern part of the Seward Peninsula, the bulbous landmass sticking out on the left side of Alaska, lies the town of Nome. For thousands of years before the introduction...
There are many mine sites, towns and claims that invoke familiarity and prestige in the minds of present-day prospectors, but probably none as famous as the Klondike. Klondike, and the Yukon Territory where it is found, are intrinsically linked to the Gold Rush that began the long endeavors of countless people in striving towards dreams filled with riches and comfort. As many know, these efforts wouldn't always pay off and the sweat and tears of these daring individuals paved...
Klondike Gold Corp. May 16 announced the start of a C$2 million exploration program on its Klondike District property, 563-square-kilometer (217 square miles) land package that covers the hills above the legendary Yukon creeks that have produced more than 20 million ounces of placer gold since 1898. Klondike's 2019 is slated to include approximately 6,000 meters of drilling at the Lone Star, Gay Gulch and Nugget zones; collection of 2,000 soil samples in the area of the...
Tectonic Metals Inc. plans to leverage Alaska's underexplored gold potential to create "the number one mineral exploration company in the world." While this is a lofty goal, Tectonic Metals is led by an executive team that is renowned for the mineral exploration, mining and business skills required to achieve the company's vision. Tony Reda, former vice president of corporate development of Kaminak Gold Corp., is the president and CEO of Tectonic Metals. He is joined by Eira T...
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,...
Though mineral exploration in Yukon Territory this year lagged the pace seen in 2018, mine development projects advanced at a steady clip in 2019, while several past-producing mines moved toward resuming output. Yukon ranked fourth in Canada for projected spending on mineral exploration and deposit evaluation for 2018, according to statistics distributed by Natural Resources Canada. Spending for mineral exploration and deposit evaluations totaled C$249.4 million, made up of C$...
The Goodpaster Mining District in Interior Alaska adds credence to the sourdough mining adage "gold is where you find it." Unlike the 8.3 million ounces of placer gold recovered from the Fairbanks Mining District to the west, 1.2 million oz from the Circle Mining District to the northwest or 20 million oz from Yukon's Klondike District to the east, the Goodpaster Mining District has thrown off a paltry 2,050 oz of placer aurum. Yet, Northern Star Resources Ltd.'s Pogo Mine in...
Klondike Gold Corp. continues to tap veins of high-grade gold on its Klondike District property, a 576-square-kilometer (222 square miles) land package that covers the hills above the legendary Yukon creeks that produced more than 20 million ounces of placer gold since 1896. This year's C$2 million program included roughly 6,000 meters of drilling at the Lone Star, Gay Gulch and Nugget zones; soil sampling in areas above the legendary Eldorado and Bonanza creeks; GT Probe...
Emerging on Alaska's exploration scene in 2018, Tectonic Metals Inc. is a new junior mining company that applies a business-first strategy to managing the risks inherent to advancing grassroots gold discoveries to a multi-million-ounce gold reserve that global mining companies want to buy and the local people want to see developed into a mine. "Junior mining is 99 percent risk, the failure rate is huge, yet nobody has any protocols in place for managing the risks," Tectonic...
Tectonic Metals Inc. July 20 announced that drills are turning on its Tibbs Gold project less than 22 miles (35 kilometers) from Northern Star Resources Ltd.'s high-grade Pogo Gold Mine in Alaska's Goodpaster Mining District. Immediately following a roughly 2,500-meter rotary air blast drill program at Tibbs, Tectonic will launch the first drill program in more than two decades at Seventymile , an eastern Alaska gold project that covers a more than 25-mile- (40 kilometers)...
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...
