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(447) stories found containing 'novagold resources'


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  • A stack of boxes full of core from a 2021 hole drilled at Waterpump Creek.

    75M oz of silver-eq at Waterpump Creek

    Shane Lasley, Mining News|Updated May 8, 2024

    Initial resource outlines thick zones of high-grade mineralization at the carbonate-hosted silver-zinc deposit on Western Alaska's Illinois Creek project. Western Alaska Minerals Corp. Jan. 22 reported a high-grade silver-zinc-lead resource for Waterpump Creek (WPC) that demonstrates the potential of the carbon replacement deposit (CRD) mineralized system that is believed to extend for more than five miles and serves as a foundation for further exploration and development acro... Full story

  • Molten gold pours into a bar mold at the Fort Knox mine.

    Alaska mine value tops $4 billion in 2023

    Shane Lasley, Mining News|Updated May 8, 2024

    Zinc contributed most to state's mine production value during 2023; gold is poised to take the crown and make run toward 1 million ounces per year. At a value of $1.5 billion, zinc held onto its throne as the most valuable metal produced in Alaska during 2023. With production forecasts and price trends headed in opposite directions for zinc and gold, however, the gleaming precious metal that drew fortune-seekers North at the turn of the 20th century could soon regain the... Full story

  • Mining executive and Alaska governor on a ridge overlooking the Skwentna River.

    Critical year for Alaska mineral exploration

    Shane Lasley, Data Mine North|Updated Feb 1, 2024

    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

  • Drill core fluorescing intensely pink and orange under UV light.

    Exploring Western Alaska Minerals' silver

    Shane Lasley, Data Mine North|Updated Jan 17, 2024

    With its 2022 drilling firmly establishing the Waterpump target at Illinois Creek as a significant carbonate replacement deposit carrying high-grade silver and zinc, Western Alaska Minerals Corp. focused its 2023 program on establishing an inaugural resource and demonstrating the deposit's expansion potential. Discovered by Anaconda in 1982 and further explored by Novagold Resources Inc. in the early 2000s, Waterpump Creek hosts 166,000 tons of historical resource averaging... Full story

  • 3D model of Illinois Creek sulfide zones, permissive horizons, and target zones.

    A new horizon for silver at Last Hurrah

    Shane Lasley, Mining News|Updated Dec 21, 2023

    Western Alaska Minerals Corp. Dec. 7 reported that it is narrowing in on what appears to be a deeper horizon of silver-rich carbonate replacement deposit mineralization at the Last Hurrah target on the company's Illinois Creek property about 300 miles west of Fairbanks, Alaska. CRD mineralization was discovered at the Waterpump Creek target on the Illinois Creek property by Anaconda in 1982 and was further investigated by Novagold Resources Inc. in the early 2000s. This work... Full story

  • Drill core fluorescing intensely pink and orange under UV light.

    Last Hurrah BBQ rocks at Illinois Creek

    Shane Lasley, Mining News|Updated Dec 7, 2023

    UV lights up core from Last Hurrah drilling, indicating Western Alaska is nearing the fault-offset extension of Waterpump Creek Western Alaska Minerals Corp. Aug. 14 reports that drilling has cut more high-grade silver at the southern end of Waterpump Creek, and there is strong evidence that drilling further south is closing in on a fault-offset extension of this silver-rich carbonate replacement deposit (CRD) on the company's Illinois Creek property about 300 miles west of...

  • Bands of silver-rich metallic mineralization cuts across dolomite in core.

    Waterpump drilling continues to impress

    Shane Lasley, Mining News|Updated Aug 14, 2023

    Hole WPC23-0029 cuts 19.4 meters of 158 g/t silver, 11.5% zinc, and 5.3% lead; WAM tests larger offset deposit extension. Western Alaska Minerals Corp. July 24 announced that the first assay results from its 2023 drilling at Waterpump Creek further confirm the continuity of the high-grade silver-zinc-lead mineralization within this carbonate replacement deposit on the company's Illinois Creek property about 300 miles west of Fairbanks, Alaska. Illinois Creek is a highly...

  • Driller removes core from a drill tube at the Donlin Gold project in Alaska.

    Donlin Gold wraps 2022 with high grades

    Shane Lasley, Mining News|Updated Feb 10, 2023

    Barrick, Novagold now considering updated feasibility study for world-class gold project. To round out a large and highly-successful 2022 program at Donlin Gold, project partners Novagold Resources Inc. and Barrick Gold Corp. reported additional high-grade gold intercepts in the final batch of assays from last year's drilling at the world-class gold mine project in the Yukon-Kuskokwim region of Southwest Alaska. Being advanced toward a production decision by Donlin Gold LLC...

  • Stack of large gold bars from the Gil deposit at the Fort Knox Mine in Alaska.

    Golden potential, critical opportunities

    Shane Lasley, Data Mine North|Updated Feb 2, 2023

    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

  • Geologist describes the mineralization cut by drill core logged at Donlin Gold.

    Donlin Gold, the gift that keeps on giving

    Shane Lasley|Updated Jan 18, 2023

    With drills tapping up to 42.3 meters of 30.68 grams per metric ton gold, the 2022 exploration season at the world-class Donlin Gold mine project in Southwest Alaska has been exciting and rewarding, but expected, for partners Novagold Resources Inc. and Barrick Gold Corp. Being advanced toward a production decision by Donlin Gold LLC – a joint venture owned equally by Novagold and Barrick – this enormous project hosts 541.3 million metric tons of measured and indicated resourc... Full story

  • Geologists on an orange-stained mineralized outcrop in Northwest Alaska.

    Valhalla shines in Alaska's Ambler District

    Shane Lasley|Updated Jan 18, 2023

    Originally formed as a private company in 2018, Valhalla Metals Inc. launched onto the TSX Venture Exchange in the fall of 2022 with two high-grade volcanogenic massive sulfide projects at either end of Alaska's famed Ambler Mining District that are enriched with copper, zinc, silver, and gold. "In a time when the United States is working to secure domestic sources of critical minerals, we are happy that we could successfully complete the transaction to acquire two high-grade... Full story

  • Western Alaska Minerals CEO Kit Marrs in the Illinois Creek drill core shack.

    More high-grade Western Alaska silver

    Shane Lasley, Mining News|Updated Nov 17, 2022

    Western Alaska Minerals Corp. Oct. 31 announced that assay results confirm that its 2022 drilling continues to expand the high-grade silver-lead-zinc mineralization at the Waterpump Creek carbonate replacement deposit on the company's Illinois Creek project about 300 miles west of Fairbanks, Alaska. Previous exploration carried out by Anaconda Minerals Company and Novagold Resources Inc. outlined 166,000 tons of historical resource at Waterpump Creek averaging 295 grams per...

  • Geologist explains the mineralization in drill core being logged at Donlin Gold.

    Drills tap 42m of 1 oz/t gold at Donlin

    Shane Lasley, Mining News|Updated Nov 17, 2022

    Novagold Resources Inc. and Barrick Gold Corp. Nov. 1 reported intercepts of up to 42.3 meters averaging 30.68 grams (0.99 ounces) per metric ton gold from the 2022 drilling at the Donlin Gold project in the Yukon-Kuskokwim region of Southwest Alaska. Being advanced toward a production decision by Donlin Gold LLC – a joint venture owned equally by Novagold and Barrick – this enormous mine project hosts 504.81 million metric tons of proven and probable reserves averaging 2.0...

  • An artistic vision of a Viking under an eclipsed sun over snow-capped mountains.

    Van Nieuwenhuyse: "Welcome to Valhalla!"

    Shane Lasley, Mining News|Updated Oct 6, 2022

    Alaska-focused Valhalla Metals lists on TSX-V, raises C$10.2M Rick Van Nieuwenhuyse, a longtime Alaskan geologist renowned for founding and serving as the top executive of both Novagold Resources Inc. and Trilogy Metals Inc., has launched yet another publicly traded company focused on exploring Alaska's incredible mineral potential – Valhalla Metals Inc. Originally formed as a private company in 2018, Valhalla picked up two high-grade volcanogenic massive sulfide projects a...

  • Drill core shows purple with web of neon red silver-zinc-lead veins in UV light.

    Western Alaska drills Waterpump feeder

    Shane Lasley, Metal Tech News|Updated Oct 6, 2022

    Hole 18 cuts 102m of 160 g/t silver, 5.4% zinc, and 5.3% lead next to Illinois Creek fault Western Alaska Minerals Corp. Sept. 22 reported that its 2022 drilling has encountered a zone that fed multiple stages of alternating zinc-dominant sphalerite and lead-silver-dominant galena sulfide mineralization in the high-grade Waterpump Creek carbonate replacement deposit at the company's Illinois Creek project. Previous exploration carried out by Anaconda Minerals Company and...

  • Quonset tents set up for summer exploration at the Shotgun gold project.

    TNR Gold seeks a Shotgun partnership

    Shane Lasley, Mining News|Updated Aug 25, 2022

    TNR Gold Corp. Aug. 24 reported that it is carrying out an exploration program this year at the Shotgun gold project in Southwest Alaska. Located about 110 miles south of the 39-million-ounce Donlin Gold mine project and about the same distance northeast of the Pebble copper-gold-molybdenum project, this property lies at the intersection of two trends known to host big deposits. TNR optioned Shotgun from Novagold Resources Inc. in 2002 and gained full ownership of the...

  • Workers with core from drilling at 39-million-oz Donlin Gold deposit in Alaska.

    Exceptional 2022 Donlin Gold drill results

    Shane Lasley, Mining News|Updated Aug 4, 2022

    Novagold Resources Inc. and Barrick Gold Corp. July 28 reported intercepts of up to 52.3 meters averaging 14.63 grams per metric ton gold from the first batch of assay results from an expanded 2022 program at the Donlin Gold project in Alaska. Being advanced toward a production decision by Donlin Gold LLC – a joint venture owned equally by Novagold and Barrick – this enormous mine project hosts 504.81 million metric tons of proven and probable reserves averaging 2.09 grams per...

  • Highly mineralized core from Western Alaska’s 2022 drilling at Waterpump.

    101.7m of massive sulfides at Waterpump

    Shane Lasley, Mining News|Updated Jul 28, 2022

    Western Alaska Minerals Corp. July 20 reported that drilling has cut 47- and 101.7-meter-thick intervals of massive sulfide mineralization at the high-grade Waterpump Creek carbonate replacement silver-zinc-lead target on its Illinois Creek project in western Alaska. Based on previous exploration carried out by Anaconda Minerals Company and Novagold Resources Inc., Waterpump Creek hosts 166,000 tons of historical resource averaging 295 grams per metric ton silver, 16.1% lead,...

  • Drill core with massive sphalerite and argentiferous galena mineralization.

    Massive sulfides in Waterpump Creek core

    Shane Lasley, Mining News|Updated Jul 21, 2022

    Western Alaska Minerals Corp. July 5 reported encouraging massive sulfide intercepts in four of the holes drilled so far this year at the high-grade Waterpump Creek carbonate replacement silver-zinc-lead target on its Illinois Creek project in western Alaska. Based on previous exploration carried out by Anaconda Minerals Company and Novagold Resources Inc., Waterpump Creek hosts 166,000 tons of historical resource averaging 295 grams per metric ton silver, 16.1% lead, and...

  • Boxes with core from the 2021 drilling at a Western Alaska zinc-silver prospect.

    Illinois Creek exploration now underway

    Shane Lasley, Mining News|Updated Jun 2, 2022

    Western Alaska Minerals Corp. May 5 announced that is has raised C$5 million (US$3.9 million) to fund its 2022 exploration program at the Illinois Creek project in Alaska, which is slated to get underway later this month. The more than 49,000-acre Illinois Creek Mining District property is home to the past-producing Illinois Creek Mine; Waterpump, a zinc- and silver-rich carbonate replacement deposit lies about four miles northeast of the Illinois Creek open pit; Honker, a...

  • Western Alaska Minerals WAM CRD belt Waterpump Creek Illinois Mining District

    Western Alaska eyes silver rich CRD belt

    Shane Lasley, Mining News|Updated Apr 14, 2022

    Western Alaska Minerals Corp. March 29 said a new geological interpretation based on 2021 and historical data suggests that the historical and high-grade Waterpump Creek silver-zinc-lead deposit may be part of a belt of similar carbonate replacement deposits along a 6,000-meter-long corridor that extends to the Central Illinois Creek pit. Expanding Waterpump Creek and testing this belt are expected to be the primary targets of an initial 6,000-meter drill program slated to...

  • Donlin Gold joint venture Novagold Resources Barrick 2021 assay highlights map

    Strong 2021 finish preps Donlin for 2022

    Shane Lasley, Mining News|Updated Mar 17, 2022

    With intercepts such as 19 meters averaging 18.23 grams per metric ton gold, the final batch of drill results from the 2021 program at Donlin Gold continue to show the strength of mineralization of the 39-million-ounce gold deposit and set the stage for the largest program at the world-class mine project in more than a decade. Being advanced toward a production decision by Donlin Gold LLC – a joint venture owned equally by Novagold Resources Inc. and Barrick Gold Corp. – thi...

  • Exploring Alaska's golden mining future

    Shane Lasley, Data Mine North|Updated Feb 24, 2022

    While copper has the potential to be a major contributor to Alaska's economic future, this "new oil" of the low-carbon economy will be hard-pressed to beat out the old money being produced at current and coming gold mines across the Last Frontier. This is due in large part to Kinross Gold Corp.'s new "Kinross Alaska" strategy that is leveraging the underutilized 14-million-metric-ton-per-year mill and storage capacity at Fort Knox to process higher-grade ore mined from... Full story

  • Ambler Mining District UKMP Arctic AIDEA road NANA Upper Kobuk Mineral Projects

    Making the Ambler District connection

    Shane Lasley, Mining News|Updated Feb 24, 2022

    The Alaska Industrial Development and Export Authority and Ambler Metals LLC have agreed to equally fund $30.8 million for a 2022 field program to advance the Ambler Access Project, a proposed 211-mile road that serves as an Alaskan epitome of connecting the aspirations of a low-carbon future with the large volumes of minerals and metals required to build the electric vehicles and renewable energy infrastructure that will make the green energy future a reality. The World Bank...

  • Donlin Gold Novagold Barrick joint venture 2022 budget assay highlights

    Partners budget $60M for Donlin Gold

    Shane Lasley, Mining News|Updated Feb 10, 2022

    Following the completion of a robust 2021 program that culminated in a decision to move forward with updating the feasibility study for developing a mine at Donlin Gold, Novagold Resources Inc. announced that the project partners have approved a $60 million budget for the 2022 program at this world-class gold project in Southwest Alaska. "While 2021 was an exceptional year and represents yet another positive turning point for Novagold and for the Donlin Gold project, 2022...

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