The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 26 - 50 of 469
Northern Star Resources Ltd. Dec. 21 acquired a 10% interest in mineral exploration company PolarX Ltd. Both Australia-based companies have interests in Alaska – Northern Star owns and operates the high-grade Pogo gold mine, and PolarX is exploring the district-scale Alaska Range copper-gold-silver project about 100 miles (165 kilometers) southwest of Pogo. For Northern Star, Pogo Mine is the company's first operation outside of Australia. The major gold producer with a m...
Resolution Minerals Ltd. Dec. 12 reported encouraging gold mineralization was encountered during its first pass of drilling at the Tourmaline Ridge target on the West Pogo block of the 64North gold project in Alaska. Tourmaline Ridge, which lies about 5,000 meters southwest of the main orebody at Northern Star Resources Ltd.'s Pogo gold mine, was identified as a high-priority drill target after a thorough re-interpretation of the geological and structural models for the area....
Northern Star Resources Ltd. Oct. 18 reported a drop in gold production and an increase in per-ounce costs at its Pogo Mine in Alaska. During the third quarter of 2022, Pogo produced 54,330 oz of gold from 319,433 metric tons of ore averaging 6.1 grams per metric tons gold. While the mill throughput was only down slightly from the 322,290 metric tons processed during the previous quarter, gold grades were nearly 23% lower than the 7.7 g/t gold ore produced during the previous...
Felix hits gold at Treasure Creek; Resolution awaits more assays from Tourmaline Ridge Australian mineral exploration companies have been busy this summer with drill programs targeting gold prospects on the Treasure Creek and 64North projects that Millrock Resources Inc. has generated in Alaska's Fairbanks and Goodpaster mining districts. Treasure Creek is one property that makes up an enormous land package that Millrock and Felix Gold Ltd. have accumulated in the Fairbanks...
Alaska is known to be a trove of the minerals and metals critical to every segment of the American economy. This critical mineral richness is despite the fact that Alaska is a vast state that remains largely underexplored. To help gain a better understanding of the Last Frontier State's potential to provide domestic supplies of the 50 critical minerals, the U.S. Geological Survey has allotted $6.75 million to explore specific regions of the state for 29 critical minerals. The...
Stratabound Minerals Corp. August 11 announced the end of its 2022 summer field program at the company's Golden Culvert and recently added Win gold projects in southeast Yukon. After optioning Golden Culvert in 2017, Stratabound has spent several years establishing its foothold in the Yukon by advancing this underexplored property that neighbors Seabridge Gold Inc.'s high-grade 3 Aces gold project. Found within the Hyland Gold Belt, a geologic extension of the Tombstone Gold...
Northern Star Resources Ltd. July 20 reported that the trend of increased gold production and lower costs is continuing at its Pogo Mine in Alaska. During the second quarter of 2022, Pogo produced 70,792 ounces of gold from 322,290 metric tons of ore averaging 7.7 grams per metric ton gold. This marks a 23% increase over the 57,489 oz of gold produced and 24% increase over the 260,508 metric tons of ore milled during the first quarter of this year. With gold production climbin...
Resolution Minerals Ltd. June 29 announced the start of a 2,200-meter drill program at the Tourmaline Ridge prospect on the West Pogo block of the 64North gold project in Alaska. Tourmaline Ridge lies about 5,000 meters southwest of the main orebody at Northern Star Resources Ltd.'s Pogo gold mine. Prospecting and sampling, including surface rock chip sampling that returned grades as high as 118 grams per metric ton gold, have outlined an 1,800- by 750-meter geochemical...
The global transition to low-carbon energy and transportation is both an incredible opportunity and daunting challenge for Alaska's mining sector. On the one hand, Alaska is incredibly enriched with the minerals and metals required to build electric vehicles, solar panels, wind farms, and other clean energy technologies. On the other, America's Last Frontier is burdened by a lack of affordable, low-carbon energy options in the remote reaches of the state where many of these...
Constantine Metal Resources Ltd. June 6 announced the appointment of Ernie Siemoneit to the position of project manager and senior engineer for the Palmer copper-zinc-silver-gold-barite project in Southeast Alaska. Based in Fairbanks, Alaska, Siemoneit brings more than 30 years of experience in management, mining engineering, and operations to the Palmer project. This includes deep knowledge of underground mine design, engineering support, mine system reporting, and...
Doyon Ltd., the Alaska Native Claims Settlement Act regional corporation for Interior Alaska, is strengthening its partnership with Tectonic Metals Inc. with another investment into the equity of the company exploring for gold on Doyon and state lands in Alaska. "Working on Native Owned Land is one thing, but being funded by Alaska Natives to explore on their land is something completely different," said Tectonic Metals President and CEO Tony Reda. "It is truly an honour, a...
Millrock Resources Inc. May 11 reported that Resolution Minerals Ltd. plans to complete roughly 2,200 meters of drilling in five holes at Tourmaline Ridge, a prospect on the 64North project that lies about 4,000 meters southwest of the 1.1-million-ounce Goodpaster deposit on Northern Star Resources Ltd.'s Pogo property. Under a deal signed at the end of 2019, Resolution has the option to earn up to a 60% joint venture interest in 64North, a roughly 160,000-acre land package...
Northern Star Resources Ltd. May 3 announced a 20% increase in the gold reserves at its Pogo Mine and a maiden resource for the Goodpaster discovery about 2,000 meters north of the current mining area on its Alaska property. "The 20% increase in ore reserves and the addition of high grade mineral resources at the Goodpaster is exciting. It underpins the substantial growth potential at Pogo," said Jim Coxon, vice president of operations, North America at Northern Star Resources...
Northern Star Resources Ltd. April 27 reported that while gold production is increasing and costs are coming down at Pogo, the Australian company's Alaska gold mine continues to underperform expectations on both fronts. During the first three months of 2022, Pogo produced 57,489 ounces of gold from 260,508 metric tons of ore averaging 8.2 grams per metric ton gold. This is roughly a 15% increase in gold output from the previous quarter due to a slight increase in both the...
Tectonic Metals Inc. March 10 announced that its 2021 Phase II drill program at the Tibbs gold project in Alaska's Goodpaster Mining District has discovered the elusive low-angle, Pogo-style veins at Gray Lead West. Located about 22 miles (35 kilometers) southeast of Northern Star Resources Ltd.'s Pogo gold mine, Tibbs is known for high-grade gold targets. While high-angle feeder veins similar to those found at Pogo had previously been identified at Tibbs, the stacks of more...
From an expected multimillion-dollar exploration program on the hardrock sources of the placer gold discovered by Felix Pedro in the Fairbanks Mining District 120 years ago to preliminary investigations of the Nikolai nickel-copper-cobalt-chromium-platinum group element project recently added to its portfolio, Millrock Resources Inc. is looking forward to a busy year of exploration on the properties it has generated in Alaska. "Millrock is looking forward to a very active...
Alaska mines produced roughly $3.89 billion worth of nonfuel minerals last year, a 23% increase over the estimated $3.16 billion produced in the 49th State during 2020, according to Mineral Commodity Summaries 2022 published by the United States Geological Survey on Jan. 31. The rise in Alaska mine production value is largely due to increased zinc and gold production, along with strong metals prices last year. According to early estimates by the Alaska Division of Geological...
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...
Whether exploring and mapping a historical underground mine for the first time since it was shuttered during World War II or generating more detailed maps of a modern operation, drones that navigate the labyrinth of ramps, declines, stopes, and other underground environs without reliance on the global positioning system or human guidance can make subterranean mine surveying safer, faster, and more accurate. Ascot Resources Ltd. and Northern Star Resources Ltd. are amongst the...
Capping off a successful year of mine predevelopment activities at its 30%-owned Manh Choh gold mine project in Interior Alaska and acquisition of the historic high-grade Lucky Shot gold mine project in Southcentral Alaska by up-listing its share to the New York Stock exchange, Contango ORE Inc. is well-positioned for 2022 success. "2021 represented another year of COVID, but despite the difficulties of working in a continued pandemic environment, the company achieved its...
Northern Star Resources Ltd. Jan. 20 reported that Pogo gold mine in Alaska continued to underperform expectations during the fourth quarter, but there are indications that gold production will be stronger during 2022. During the final three months of 2021, Pogo produced 49,985 ounces of gold from 213,688 metric tons of ore averaging 6.6 grams per metric ton gold. While a 25% increase over the 40,127 oz produced during the previous quarter, this is still significantly lower...
Looking to expand resources and build reserves for the expanded mill at its Pogo gold mine in Alaska, Northern Star Resources Ltd. carried out surface drilling across the Goodpaster discovery zone and Central Gap prospect, along with underground drilling that focused on most of the ore systems at this high-grade underground mine. As of the end of March 2021, Pogo hosted 12.86 million metric tons of indicated resource averaging 9.5 grams per metric ton (3.95 million oz) gold,...
Building upon the success from systematic exploration carried out over the previous two seasons, Tectonic Metals Inc. focused its 2021 program on testing high-grade and bulk tonnage gold targets on its Tibbs properties in Interior Alaska. Located in the Goodpaster Mining District, Tibbs is known for high-grade gold targets reminiscent of the ore at Northern Star Resources Ltd.'s Pogo gold mine about 22 miles (35 kilometers) to the northwest. During its initial drilling at...
Kenorland Minerals Ltd., which has been exploring the Tanacross porphyry copper-gold project in eastern Alaska as a private company for several years, is now a publicly listed company with a strong treasury and extensive portfolio of mineral exploration projects in Alaska, Quebec, and Ontario. As a private project-generating explorer, Kenorland entered into an agreement with Freeport-McMoRan to further investigate the potential at Tanacross, a more than 100,000-acre property...
As a project-generating exploration company, Millrock Resources Inc. identifies and secures grassroots mineral projects and brings on partners to fund the high-risk early stages of exploration. In recent years, many of these have been with Australian companies intrigued by Alaska's rich and underexplored mineral potential. During 2021, Millrock was actively working with two such Aussie explorers on Alaska gold projects – Felix Gold Ltd. in the Fairbanks Mining District and R...
