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 273
Tectonic Metals Inc. Sept. 14 reported strong gold intercepts from drilling at Lower Trench, a discovery zone about 1,500 meters northwest of the Michigan zone on the Tibbs project in Alaska's Goodpaster Mining District. Michigan was first tapped by Tectonic during 2019 and was a primary focus of a 27-hole program rotary air blast drill program carried out this this year at Tibbs, which is about 22 miles (35 kilometers) southeast of Northern Star Resources Ltd.'s Pogo gold...
Northern Star Resources Ltd. Oct. 27 reported that its Pogo Mine in Alaska's Goodpaster Mining District produced 53,810 ounces of gold during the third quarter of 2020, a 9% increase over the 49,353 oz recovered during the previous quarter. The increased gold production is the result of slight improvements in ore grades, mill throughput, and ore recoveries. The average grade of ore mined during the third quarter was 8.9 grams per metric ton, which is about 6% higher than the...
Tectonic Metals Inc. Oct. 26 reported that soils sampling has identified numerous drill-ready gold exploration targets that are strikingly similar to the deposits being mine at Northern Star Resources Ltd.'s Pogo Mine about 22 miles (35 kilometers) northwest of Tibbs. Tectonic crews collected 1,153 soil samples at Tibbs this year. This sampling primarily focused on exploring the gneissic rocks in the west of the property, where recent mapping highlights low-angle faults...
Pogo Mine owner Northern Star Resources Ltd. continues its growth with the proposed merger with fellow Australian gold miner Saracen Mineral Holdings Ltd. In an all-shares deal announced on Oct. 5, the two companies will merge into the world's eighth largest gold producer, with a market capitalization of US$11.5 billion (A$16 billion) and gold producing assets in Australia and Alaska. Under the proposed deal, Saracen shareholders will receive 0.3763 Northern Star shares for...
Resolution Minerals Ltd. and Millrock Resources Inc. Sept. 28 said they are disappointed but not discouraged by the weakly anomalous gold encountered in a 22-meter zone of veining in hole 20AU07 drilled into the Aurora target on the 64North project in Alaska's Goodpaster Mining District. The Aurora target at 64North is immediately west of the Goodpaster discovery on Northern Star Resources Ltd.'s high-grade Pogo gold mine property. In mid-September, Resolution reported that...
Doyon Ltd. is seeing a resurgence of mineral exploration on its lands across Interior Alaska, especially on gold properties held by the Alaska Native Claims Settlement Act regional corporation. Running the breadth of Alaska between the Brooks Range to the north and Alaska Range to the south, the Doyon region blankets a mineral-rich swath of Alaska's Interior that is nearly the size of Texas. Doyon itself, owns 12.5 million acres of land within this vast region, making it the...
Resolution Minerals Ltd. Sept. 17 reported that the seventh hole of the 2020 season at 64North project has tapped a seven-meter-thick quartz vein at Aurora indicative of the Pogo-style gold mineralization being sought. Bordering Northern Star Resources Ltd.'s Pogo gold mine property, the roughly 160,000-acre 64North project includes nine claim blocks – West Pogo, Shaw, Eagle, LMS-X, South Pogo, East Pogo, North Pogo, Last Chance and Divide. Under a deal cut with Millrock R...
Northway Resources Corp. Sept. 10 reported that recently completed geochemical and geophysical surveys have identified some very compelling exploration targets on the company's Healy gold project in Alaska's Goodpaster Mining District. Healy was first identified by Newmont Corp., which staked the property after carrying out four years of analysis across a large swath of Alaska's Eastern Interior region. Follow-up soil sampling by the major gold producer identified three...
Millrock Resources Inc. and Resolution Minerals Ltd. Sept. 10 provided results from two more holes drilled at 64North and an update on other exploration activities being carried out across the expansive gold exploration project in Alaska's Goodpaster Mining District. Bordering Northern Star Resources Ltd.'s Pogo gold mine property, the roughly 160,000-acre 64North project includes nine claim blocks – West Pogo, Shaw, Eagle, LMS-X, South Pogo, East Pogo, North Pogo, Last C...
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,...
Millrock Resources Inc. and Resolution Minerals Ltd. Aug. 17 reported that drilling is now underway at the Echo target on the 64North gold project in Alaska's Goodpaster Mining District. The roughly 160,000-acre 64North gold project includes nine claim blocks – West Pogo, Shaw, Eagle, LMS-X, South Pogo, East Pogo, North Pogo, Last Chance and Divide. Under a deal cut with Millrock Resources Inc. last year, Resolution has the option to earn a 60% interest in this large gold p...
Northern Star Resources Ltd. Aug. 13 reported that its Pogo Mine in Alaska now hosts 6.7 million ounces of gold in 21.25 million metric tons of resources averaging 9.8 grams per metric ton gold, a 13% increase over last year and the largest gold inventory in Pogo's history. The Australia-based gold miner says the increased gold at Pogo is despite only 62% of the budgeted drilling being achieved in the company's fiscal year 2020, which ended on June 30. "At Pogo, the...
Resolution Minerals Ltd. July 27 said it is positioned to carry out the full US$5 million program this year at 64North, a gold exploration project next to Northern Star Resources Ltd.'s Pogo Mine in Alaska's Goodpaster Mining District. Earlier this month, Resolution announced a financing that will add A$4.6 million (US$3.3 million) to test high priority drill targets across the 64North projects. Under a deal cut with Millrock Resources Inc. last year, Resolution has the...
Northern Star Resources Ltd. June 8 reported that its Pogo Mine in Alaska produced 49,353 ounces of gold during the second quarter of 2020, despite several cases of COVID-19 at this operation about 90 miles southeast of Fairbanks. "The results at our Pogo mine in Alaska were particularly pleasing given the challenging circumstances emanating from COVID-19, where we effectively managed safe operations with 36 confirmed cases through the quarter," said Northern Star Resources Ex...
Tectonic Metals Inc. June 25 announced that it has added a new gold property in the Goodpaster Mining District and acquired a dataset that will assist the company's exploration across this gold-rich region of Alaska's Interior. The new property, known as Maple Leaf, is roughly nine miles (15 kilometers) northeast of Tectonic's Tibbs project and about 31 miles (50 kilometers) east of Northern Star Resources Ltd.'s Pogo gold mine. The Tectonic team staked this 11,840-acre...
Millrock Resources Inc. and Resolution Minerals Ltd. have resumed the highly anticipated drilling at the 64North project in Alaska's Goodpaster Mining District. The exploration partners got an early start to 2020 exploration on this property immediately west of Northern Star Resources Ltd.'s Pogo gold mine but were forced to idle down the drills due to health and travel concerns related to the COVID-19 pandemic. Drill crews completed one hole at a secondary target, which was s...
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...
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...
Northway Resources Corp. May 26 announced plans to carry out mapping, sampling, and geophysics to refine gold targets on its Healy and Napoleon gold projects in Alaska's Eastern Interior region. Formed in 2018 and taken public last year, Northway is TSX Venture Exchange-listed company that focused its 2019 exploration primarily on Healy, a discovery stage gold project in the vicinity of Northern Star Resources 10-million-ounce Pogo Gold Mine property. Healy was first identifie...
Northern Star Resources Ltd., owner of the Pogo gold mine, has donated more than US$1.5 million of medical personal protective equipment to communities throughout Alaska, with a focus on the greater Fairbanks and Delta regions. "This is the largest donation we've received from private industry," said Alaska Gov. Mike Dunleavy. "We are extremely grateful to businesses such as Northern Star which have stepped up, provided procurement and logistics expertise, and donated $1.5...
Millrock Resources Inc. and Resolution Minerals Ltd. May 13 announced the balance of assay results from winter drilling at the 64North project in Alaska's Goodpaster Mining District and plans for late-May resumption of the program that was cut short due to COVID-19 concerns. Millrock's 64North project includes nine claim blocks – West Pogo, Shaw, Eagle, LMS-X, South Pogo, East Pogo, North Pogo, Last Chance and Divide – covering roughly 160,000 acres in Goodpaster, a gol...
Millrock Resources Inc. and Resolution Minerals Ltd. April 27 provided preliminary results from the 2020 drilling at 64North and plans for resumption of the program that was cut short due to COVID-19 concerns. Millrock's 64North project includes nine claim blocks – West Pogo, Shaw, Eagle, LMS-X, South Pogo, East Pogo, North Pogo, Last Chance and Divide – covering roughly 160,000 acres in the Goodpaster District, a gold-rich area anchored by Northern Star Resources Ltd.'s Pog...
Northern Star Resources Ltd. April 28 reported that its Pogo Mine in Alaska produced 49,340 ounces of gold during the first three months of 2020. While this is a 3,194 oz increase over the prior quarter, it is less than the Australia-based mining company expected. The lower than expected gold production at Pogo is due largely on the company's implementation of the COVID-19 operating protocols at the mine, which affected labor availability and underground productivity....
Northern Star Resources Ltd. April 16 report that there are three active cases of COVID-19 among the workforce from its Pogo gold mine in Alaska and another three have tested positive for the virus and have recovered. All the Pogo workers with COVID-19 were tested and remain off-site. Northern Star's medical team is monitoring the active cases, which are considered mild-to-moderate and all three workers are improving. The Australia-based mining company has implemented...
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)...
