The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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Alaska's critical minerals potential to take center stage at AMA convention; antimony and graphite expected to be hot topics. Rising geopolitical tensions around the globe, China's increasing use of critical minerals as a trade war weapon, and the International Energy Agency's forecast that an additional $800 billion needs to be invested into the mining of energy transition metals by 2040 in order to meet global climate ambitions, have political and military leaders looking...
An interesting tale of a mineral that has shaped human progress for over a millennium, from alchemy to modern industry. Mysterious, enduring, and occasionally deadly, few elements have woven themselves into the tapestry of human history quite like antimony. Revered for its alchemical potential and wielding a double-edged role as both poison and remedy, this versatile element found its way into everything from ancient makeup and medicine to early batteries and, ultimately, a...
With the final batch of assays received, the focus now turns to updated resource and PFS for higher-grade starter mine at Estelle. Nova Minerals Ltd. Oct. 23 reported that strong gold mineralization encountered in the final six holes of its 2024 drill program at Estelle continues to support the potential of developing a smaller starter mine at the higher-grade RPM gold deposit that can be scaled up to take advantage of the multi-million-ounce potential of this gold-antimony pr...
Includes one hole that cut 39 meters averaging 5.4 g/t gold from surface at the RPM deposit. Nova Minerals Ltd. Oct. 16 reported additional thick zones of strong gold mineralization in the second batch of assays from its 21-hole drill program focused on upgrading and expanding the RPM deposit. This expansion is in preparation for the completion of a feasibility study for its Estelle gold-antimony project roughly 100 miles (160 kilometers) northwest of Anchorage, Alaska....
First 2024 holes cut strong gold mineralization at starter mine target at Estelle, including 43 meters of 4.4 g/t gold. Nova Minerals Ltd. Oct. 9 reported that the first batch of assays from the 21-hole drill program carried out this year at Estelle confirms the continuity and strength of near-surface gold mineralization at RPM, a higher-grade deposit that is expected to be the site of the first mine on the 198-square-mile (514 square kilometers) gold-antimony property about...
Hires Whittle to investigate the optimal path for a scalable mining operation at gold-antimony project in Alaska. Nova Minerals Ltd. Oct. 2 announced that it has hired Whittle Consulting to carry out optimization studies for Estelle that will focus on establishing an initial mine at the RPM deposit that can be scaled up to a larger operation at the gold-antimony project in Alaska's West Susitna Mineral District. Lying about 100 miles northwest of Anchorage, Alaska, Estelle...
Pentagon turns to Idaho gold mine for a strategic domestic supply of critical metalloid. Falling in the grey area between metals like zinc and nonmetals like carbon, antimony is a semi-metal that possesses some interesting properties that make it a vital ingredient in a wide range of household, industrial, high-tech, and military goods. Despite its widespread uses, many people have never heard of antimony and fewer still realize that this intriguing metalloid is considered...
As China curbs exports of the strategic and critical metalloid, America's Last Frontier reemerges as potential domestic supplier. China's coming state-controlled restrictions on antimony exports has significantly elevated the criticality and price of this semi-metal that is already a top concern from many officials within the U.S. Department of Defense due to its use in military hardware and the dearth of antimony mines in the United States. An element that has properties that...
U.S. GoldMining and Nova Minerals work side-by-side to advance gold, copper, and antimony projects at end of West Susitna Road. WEST SUSTINA MINERAL DISTRICT – The 4,000-foot Whiskey Bravo airstrip about 100 miles northwest of Anchorage as the Cessna 206 flies is serving as the operational headquarters of an emerging Alaska mining district with the potential to be a domestic source of minerals and metals critical to America's economic wellbeing, national security, and clean e...
Company has completed 11 holes so far this year at the RPM gold deposit, is collecting bulk samples at the Stibium antimony prospect. Nova Minerals Ltd. Aug. 21 announced that it is continuing to pursue both the precious metal and critical mineral potential at its Estelle gold-antimony project about 100 miles (160 kilometers) northwest of Anchorage, Alaska. According to a calculation completed earlier this year in compliance with the U.S. Securities and Exchange Commission's...
Program focused on upgrading and expanding near-surface resources in preparation for a feasibility study. Nova Minerals Ltd. July 31 announced the start of a drill program to upgrade and expand the resources at the RPM gold deposit on its Estelle project about 100 miles (160 kilometers) northwest of Anchorage, Alaska. The start of the 2024 program at Estelle comes days after the Australian company completed its American listing on the Nasdaq Capital Market through a $3.3...
Stoney area sampling discovers two new prospects. Nova Minerals Ltd. Feb. 26 announced that the property-wide sampling and mapping program carried out last year at Estelle has discovered another area of high-grade gold and antimony mineralization on the company's 198-square-mile (513 square kilometers) property in Alaska. According to an early 2023 resource calculation, Estelle hosts 1.1 billion metric tons of global resources averaging 0.3 grams per metric ton (9.9 million ou...
HB122 would authorize AIDEA to issue up to $300 million in bonds and leverage federal funding for critical mineral infrastructure projects in Alaska. Home to 49 out of the 50 minerals deemed critical to the United States, Alaska has the potential to be a reliable domestic source of the mined materials vital to high-tech, clean energy, and national defense. America's Last Frontier, however, is often lacking when it comes to the infrastructure needed to fully unlock the state's...
Australian junior calculates SK-1300 gold resource for Estelle; files for public offering and US listing. Nova Minerals Ltd. April 16 reported the calculation of a resource estimate for its Estelle gold project in Alaska that is compliant with the U.S. Securities and Exchange Commission's (SEC) S-K 1300 reporting guidelines. Nova's securities are currently primarily listed on the Australian Stock Exchange (ASX). Looking for greater exposure to North American capital for its...
Nova Minerals Ltd. Jan. 29 reported that the expansive surface exploration program carried out last year at Estelle has discovered another high-grade gold prospect with associated copper on the 198-square-mile (513 square kilometers) property in Alaska. Led by Nova Minerals Head of Exploration Hans Hoffman, the 2023 surface exploration program included extensive mapping and the collection of 674 soil, 446 rock, and 21 stream sediment samples from across the district-scale...
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...
Nova Minerals Ltd. Jan. 2 reported that it plans to follow up on the 2023 exploration success at Estelle with a 2024 program that will include prefeasibility level mining studies, along with continued drilling at the higher-grade RPM deposit and Train target areas at the southern end of this 198-square-mile (513 square kilometers) land package about 100 miles northwest of Anchorage, Alaska. "The work we conducted in 2023 has continued to illustrate the unique opportunity that...
With the successful completion of a US$20 million initial public offering in April 2023, U.S. GoldMining Inc. immediately set out to explore Whistler, an advanced staged copper-gold-silver project in Alaska. Lying adjacent to Nova Minerals Ltd.'s Estelle gold project about 100 miles northwest of Anchorage, the 42,000-acre Whistler property hosts 118.2 million metric tons of indicated resource averaging 0.51 grams per metric ton (1.94 million ounces) gold, 2.19 g/t (8.3...
Looking to push the gold resource on its Estelle property in Alaska above the 10-million-ounce mark, Australia-based Nova Minerals Ltd. launched a 15,000-meter drill program in July targeting the higher-grade gold mineralization in the RPM and Train areas at the southern end of the district-scale property. In April, the company reported that Estelle had been expanded to 1.1 billion metric tons of global resource averaging 0.3 grams per metric ton (9.9 million oz) gold. While...
Nova Minerals Ltd. Dec. 11 reported that its 2023 drilling has cut broad sections of high-grade gold with resource upgrade and expansion drilling at the RPM North deposit on its Estelle property in Alaska. "These latest drilling results at RPM North confirm the consistency of mineralization and also clearly indicate the potential for resource growth, both in terms of size and confidence," said Nova Minerals CEO Christopher Gerteisen. "Several drill holes intersected...
Shenghe acquires ore stockpile that symbolized a shift away from China for REEs critical to North America's green energy and high-tech sectors. High-grade ore dug up from a small open pit at Vital Metal Ltd.'s Nechalacho project in the summer of 2021 marked the start of Canada's first rare earth elements mine and the first link in an REE supply chain that was envisioned to be completely independent of China. "The combination of our efforts clearly work together towards the...
Nova Minerals Ltd. Nov. 20 announced that an extensive mapping and sampling program carried out across Estelle this year has turned up, by far, the highest-grade gold sample ever collected from this project about 100 miles northwest of Anchorage, Alaska. While the 2023 drill program focused on expanding the 9.9-million-ounce gold resource outlined so far at Estelle, Nova geologists collected 674 soil samples, 446 rock samples, and 21 stream sediment samples from across the...
From Pentagon's $37.5M grant to Graphite One to emerging nickel deposits, critical minerals are a hot AK mining topic. With Washington investing billions of dollars into ensuring safe and secure critical mineral supply chains, many mining companies are focusing more sharply on unlocking Alaska's potential to be a domestic source of the 50 minerals and metals critical to America's economic well-being and national security. The growing list of critical minerals being sought...
Nova Minerals Ltd. Nov. 15 announced that its 2023 surface sampling program has discovered strong antimony mineralization alongside the gold, silver, and other metals at the Train and Trumpet targets on the company's 198-square-mile (513 square kilometers) Estelle project about 100 miles northwest of Anchorage. While Nova continues to primarily be focused on expanding the 9.9 million ounces of gold it has outlined so far at Estelle, the Australian company has identified...
Nova Minerals Ltd. Aug. 21 announced the start of discovery drilling at Train, a highly prospective gold target about 4.5 miles (seven kilometers) north of the RPM deposit on the company's 9.9-million-ounce Estelle gold project in Alaska. "We are excited to be putting the first holes into our never before drill tested Train prospect where surface gold occurrences collected over several years by geologists have indicated that another large IRGS (intrusive related gold system)...
