The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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With challenging financial markets delaying Ascot Resources Ltd.'s plans to begin a new era of gold-silver production at Premier, the company focused much of its 2022 efforts on further exploration and resource upgrade drilling at the past-producing mine on the outskirts of Stewart, British Columbia. Last operated in the 1990s, Premier already had much of the major infrastructure in place – mill, crushing and grinding circuits, tailings storage area, and hydroelectric grid p...
British Columbia's Golden Triangle is poised for a mining boom that raises the bar when it comes to achieving the higher environmental, social, and guidance expectations for companies that produce the gold, silver, copper, and other metals the world needs and wants. While this mineral district in BC's northwest corner is famed for its rich stores of copper, gold, and silver – and to a lesser degree, nickel, cobalt, platinum group metals, and other critical minerals – the ESG...
On Feb. 22, 2022, Teck Resources Ltd.'s Red Dog Mine in Northwest Alaska became the largest critical minerals operation in the United States, both in terms of quantity and value of the materials produced at this world-class base, precious, and critical minerals operation. Being catapulted to America's top dog when it comes to critical minerals production is not due to the germanium produced, though this semiconductor metal vital to ultrafast computing and communications is... Full story
Ascot Resources Ltd. Jan. 23 reported that its 2022 drilling at the Big Missouri deposit and nearby Day Zone continues to confirm and discover high-grade gold zones that could provide ore for the upgraded and expanded mill at its Premier gold-silver mine project near Stewart, British Columbia. Home to a past-producing gold mine that last operated in the 1990s, Premier already had a mill, crushing and grinding circuits, tailings storage area, and hydroelectric grid power...
The increasing number of electric vehicles charged with renewable energy, connected to 5G networks, and boasting the computing power of 200 laptops to autonomously traverse global highways is creating a meteoric rise in demand for the minerals and metals critical to clean energy and high-tech. Benchmark Mineral Intelligence, the foremost authority on lithium battery supply chains, estimates that more than 300 new mines will need to come online by 2035 – just to produce the c... Full story
With a little bit of downsizing from the sale of its Yukon gold properties, StrikePoint Gold Inc. is well positioned financially to continue exploration work at its Willoughby and Porter properties near Stewart, British Columbia, in the territory's prolific Golden Triangle. Strikepoint's 2022 exploration program included roughly 3,000 meters of drilling split about evenly between its two Northern BC properties. "At Porter, our work will continue to test the limits and source...
Working with First Nations is key to unlocking the Golden Triangle's vast potential. A world-class copper-gold district that is also enriched with nickel, cobalt, platinum group metals, and other critical minerals, the Golden Triangle region of Northern British Columbia is poised to be a major supplier of the mined commodities critical to a low-carbon future, cutting-edge technologies, and strong global economies. "Responsible mineral exploration and development are critical... Full story
C$200M financing package provides cash needed to restart operations at Northern BC gold-silver mine. Having pulled together a C$200 million (US$147 million) financing package, Ascot Resources Ltd. is now positioned to begin commissioning the mill at Premier by this time next year and reach commercial production at the gold-silver mine in Northern British Columbia early in 2024. The company had originally planned to begin a new era of mining at Premier by now but was unable to...
Ascot Resources Ltd. Dec. 8 announced that the latest batch of assay results from drilling at the Big Missouri deposit includes the highest-grade gold intercept in five years at the company's Premier gold-silver mine project near Stewart, British Columbia. A 2020 feasibility study details plans for a new operation at Premier that is expected to produce roughly 1.1 million ounces of gold and 3 million oz of silver over the first eight years of mining. This production is based...
From antimony historically mined near the Interior Alaska city of Fairbanks to the zinc and germanium produced at the Red Dog Mine, America's 49th State is a past producer, and a potential future source of the minerals and metals deemed critical to the United States. Earlier this year U.S. Geological Survey updated and expanded its list of critical minerals to include 50 minerals and metals essential to the economic or national security of the U.S. and which has a supply... Full story
Victoria Gold Corp. Oct. 17 announced a successful repair of the overland conveyor belt at Eagle and operations have resumed at the company's gold mine in the Yukon. On Oct. 4, Victoria Gold reported that the 1,500-meter overland conveyor belt linking the crushing plant to the heap leach facility experienced a splice failure on Sept. 29. During the belt's replacement, mining, leaching, and gold recovery plant activities remained in operation while crushing, conveying, and...
Teck Resources Ltd. Oct. 27 reported another quarter of rising zinc production and revenues from its Red Dog Mine in Northwest Alaska. During the third quarter of this year, Red Dog produced 157,800 metric tons (347.9 million pounds) of zinc, nearly 10% higher than the 143,800 metric tons (317 million lb) produced during the previous quarter and a 34% jump over the 118,000 metric tons (309.3 million lb) produced during the same period of 2021. Third quarter lead production at...
Ascot Resources Ltd. Oct. 27 reported that drills have tapped additional high-grade gold within and near areas for early mining at the Big Missouri deposit on the company's Premier Mine project near Stewart, British Columbia. "As drilling has recently wrapped up for this year's exploration season, we continue to receive high-grade assay results from the Big Missouri deposit," said Ascot Resources President and CEO Derek White. A 2020 feasibility study details plans for a new...
Ascot Resources Ltd. Sept. 13 reported high-grade gold intercepts in the first batch of assay results from the 2022 drilling at Big Missouri, the first deposit the company plans to mine when it resumes production at the Premier gold-silver mine near Stewart, British Columbia. "This season's drill program at Big Missouri is important as it enables us to refine and gain more confidence on our initial stoping areas for underground mining," said Ascot Resources President and CEO...
Russia's invasion of Ukraine, America's tenuous relationship with China, and global competition for the enormous volume of mined materials needed to build the envisioned clean energy future has elevated the urgency for the United States to bolster domestic critical mineral supply chains. For many, these geopolitical and economic realities have elevated the development of Alaska's incredible critical mineral resources to a national imperative. The urgency of this matter is why... Full story
US invests heavily into developing domestic rare earth element processing plants Despite what their name suggests, rare earths are not all that scarce. An efficient and environmentally sound technology capable of separating this tightly bonded group into the 15 individual elements of innovation, however, is truly unique and the key to establishing a rare earths supply chain in North America. There are currently no commercial-scale rare earths separation facilities in North...
Strikepoint Gold Inc. July 5 announced that exploration work is now underway on its Willoughby gold-silver and Porter silver properties near Stewart, British Columbia in Canada's prolific Golden Triangle. "With a healthy treasury over $5 million, we are excited to commence our drilling programs at Porter and Willoughby properties," said Strikepoint Gold President and CEO Shawn Khunkhun. Strikepoint's 2022 exploration program includes roughly 3,000 meters on both properties....
Ascot Resources Ltd. May 9 announced an earlier than expected start to the 2022 exploration drill program at its Premier gold-silver mine project in British Columbia's Golden Triangle. "Given the high levels of snowfall early in the winter, we were pleasantly surprised by the mild weather in recent months and are excited to get an earlier start than last year on this season's exploration drilling program," said Ascot Resources President and CEO Derek White. Located on Nisga'a...
While Golden Triangle is an apt and easily marketable moniker for northwest British Columbia's incredible mineral endowment, Tahltan Territory more accurately and thoroughly encapsulates the rich deposits of copper, gold, silver, nickel, platinum group elements, and other metals for which this region has gained international renown. Extending east from the Alaska border to the Cassiar Mountain range and north from the Nass and Skeena Rivers into the Yukon, the roughly...
StrikePoint Gold Inc. April 12 announced the latest results from surface channel sampling as well as reconnaissance grab samples collected during the 2021 exploration at its Willoughby gold-silver property, just east of Stewart, British Columbia. Willoughby is an intrusion-related gold-silver project similar to Ascot Resources Ltd.'s Red Mountain Mine project about seven kilometers (four miles) to the west. Historical drilling on the property encountered high-grade gold and si...
On March 18, 2022, Alaska's mining community lost Bill Ellis, a close friend and geologist that was universally loved for his kind spirit and optimism, traits that will live on as a legacy as solid as the Alaska rocks he explored for the better part of half a century. All of us at North of 60 Mining News were blessed to get to know Bill and wish to send our love and condolences to his family, friends, and colleagues. In honor of Bill's memory, we would like to republish "Bill... Full story
Tahltan Nation Development Corp. and Central Mountain Air Ltd. March 9 announced the finalization of a contract with Newcrest Mining Ltd. for air transportation of crews to and from the Red Chris copper-gold mine in British Columbia's Golden Triangle. "TNDC is honoured to join forces with Central Mountain Air to provide safe, reliable aviation services for this valued client," said Tahltan Nation Development Corp. CEO Paul Gruner. "This is another exciting opportunity for...
White Rock Minerals Ltd. Feb. 17 reported that it has doubled the inferred resource at Dry Creek with 3,800 meters of drilling completed last year in 12 holes at this high-grade volcanogenic massive sulfide deposit on the company's Red Mountain project in Alaska. Located about 60 miles (100 kilometers) south of Fairbanks, the 323-square-mile (836 square kilometers) project hosts both high-grade zinc-lead-silver-gold VMS deposits and intrusion-related gold prospects. "The dual...
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...
Ascot Resources Ltd. Feb. 22 reported high-grade gold intercepts from its 2021 drilling at Big Missouri, the first deposit to be mined with the start of modern operations at the company's Premier gold-silver project in British Columbia's Golden Triangle. Home to a past-producing mine that last operated in the 1990s, Premier has all the major infrastructure in place to resume operations. A 2020 feasibility study details plans for an operation at Premier that is expected to...
