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 144
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...
Kenorland Minerals Ltd. Aug. 24 announced the launch of a US$2 million exploration program funded by Antofagasta PLC at the Tanacross porphyry copper-gold project in eastern Alaska. In July, Kenorland announced that Antofagasta Minerals S.A, a subsidiary of Antofagasta, agreed to pay Kenorland an initial US$1 million in cash and spend US$30 million on exploration over eight years to earn a 70% joint venture interest in Tanacross, a 113,400-acre property lying alongside the...
Chilean copper miner Antofagasta PLC has entered into an option agreement with Kenorland Minerals Ltd. to earn a 70% interest in Tanacross by investing US$30 million in exploration over eight years and publishing an NI 43-101-compliant preliminary economic assessment on the porphyry copper-gold project in eastern Alaska. "We're very excited to be working with Antofagasta on the Tanacross Project," said Kenorland Minerals CEO Zach Flood. "The property, which covers numerous...
With an earlier than expected feasibility study on its way for Manh Choh, drilling started at Lucky Shot, and the addition of geologist Curt Freeman to its board of directors, Contango ORE Inc. has a lot to look forward to as 2022 progresses. Freeman's addition to the Contango ORE board coincides with the departure of Joseph Greenberg, an oil and gas executive that has been a director of CORE since it was spun out of Texas-based Contango Oil and into a public company in 2010....
Newly renamed Fireweed Metals Corp. (previously Fireweed Zinc) July 7 announced that a ground gravity survey has begun at its recently staked Gayna River zinc-lead-silver-germanium-gallium project in Northwest Territories, Canada. After acquiring the adjacent Mactung tungsten project from the NWT government for C$15 million, Fireweed opted to change its name to better define the broader spectrum of resources the company is exploring for. You can read about the Mactung...
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...
Blue Star Gold Corp. June 7 announced that it has mobilized equipment and crews for a summer exploration program across its Ulu, Hood River, and Roma gold projects in Nunavut. This multi-prong campaign has two primary objectives – infill and expansion drilling at existing resources, along with reviewing and developing targets across more than 45 kilometers (28 miles) of the High Lake Greenstone Belt covered by the three properties. According to a 2015 calculation, the Flood 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...
While hailing President Joe Biden's use of the Defense Production Act to bolster domestic production of critical lithium-ion battery minerals and metals as good news for the Far North State's mining sector, Alaska Gov. Mike Dunleavy says this move contradicts actions taken by the administration to reevaluate a road to the Ambler Mining District. "I fully support the President making the development of these minerals a priority in our nation's interest. But the Biden...
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...
In a move criticized by a wide swath of Alaska policymakers and trade organizations, the Biden administration has filed a motion to reverse the federal authorizations for a proposed 211-mile road to the mineral-rich Ambler Mining District in Northwest Alaska. "You would think President Biden would want to improve access to American sources of copper and other strategic minerals that are needed in our combined efforts to increase renewables. Instead, actions like this only...
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...
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...
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...
Mountain Province Diamonds Inc. has two active exploration programs focused on discovering new diamond-rich kimberlites to extend the life of Gahcho Kué, a diamond mine in Northwest Territories owned under a joint venture between De Beers Canada Inc. (51%) and Mountain Province (49%). The first program, which is carried out by the Gahcho Kué Joint Venture, is focused on exploring for discoveries across the 5,216-hectare (12,889 acres) Gahcho Kué property that can extend th...
Seeking economic and cultural prosperity for its more than 23,000 Tlingit, Haida and Tsimshian shareholders while also looking to provide even greater benefits for future generations, Sealaska takes a balanced approach to developing the resources growing above and stored beneath its lands in Southeast Alaska. This does not mean the Southeast Alaska Native Claims Settlement Act (ANCSA) corporation shuns mining or other resource development in its region, a nearly 600-mile...
Vast petroleum reserves underlying what is now the Arctic Slope Regional Corp. (ASRC) region, and the need to build a pipeline to deliver this oil to an ice-free port 800 miles to the south and then to global markets that lie beyond, raised the urgency to settle aboriginal land claims in Alaska. This need for a resolution before a pipeline corridor that would bisect the state prompted lawmakers in Washington, D.C. to enact the Alaska Native Claims Settlement Act, a...
Resolution Minerals Ltd. announced the completion of the first trenching program at Tourmaline Ridge, a gold prospect at the company's 64North project in Alaska's Goodpaster District. Located about 1,000 meters southwest of the Aurora prospect on the West Pogo claim block at 64North, Tourmaline Ridge lies on a trend of mineralization that extends northeast to the Northern Star Resources Ltd.'s Pogo gold mine. Northern Star's Goodpaster discovery, which is currently undergoing...
Mineral exploration activity is heating up this summer in Nunavut after a yearlong hiatus sparked by restrictions and cautionary moves driven by the COVID-19 pandemic in early 2020. For the northern Canadian territory's two mine operators and a handful of advanced- and early-stage explorers, the outlook for 2021 programs is much brighter. In mid-June, the Government of Nunavut gave Agnico Eagle Mines Ltd. the green light to allow its workers living in the Kivalliq region of...
Accounting for at least US$100 million invested in mineral exploration and mine development in Alaska during 2021, Australian companies continue to work along the entire breadth of the Last Frontier's mining industry – from discovery to doré. Following a year in which COVID-19 protocols and travel restrictions made exploring Alaska challenging, especially for companies headquartered half a world away, this impressive investment in Alaska's mining sector demonstrates that Do...
An Alaska-based mineral explorer that has long attracted Australian companies to projects it has generated, Millrock Resources Inc. is actively working with two such companies on gold exploration projects in Interior Alaska – Felix Gold Ltd. in the Fairbanks Mining District and Resolution Minerals Ltd. in the Goodpaster Mining District. "The exploration season is in full swing in Alaska," Millrock Resources President and CEO Greg Beischer said earlier this month. "Our f...
Millrock Resources Inc. July 7 provided an update on the Alaska gold exploration programs being carried out in partnership with two Australia-based mineral explorers – Felix Gold Ltd. in the Fairbanks Mining District and Resolution Minerals Ltd. in the Goodpaster Mining District. "The exploration season is in full swing in Alaska," said Millrock Resources President and CEO Greg Beischer. "Our funding partners are mounting very significant campaigns that could result in new gol...
Resolution Minerals Ltd. March 24 announced the start of 2021 drilling at the 64North gold project in Interior Alaska. This early season program is expected to include 40 shallow rotary air blast holes to test the potential at Sunrise, a new gold prospect identified when a road was pushed into Aurora target area last year. "A fantastic opportunity was generated by RML's trenching and geophysics programs in 2020 which identified the potential of the outcropping Sunrise prospect...
Without a doubt, 2020 was somewhat less than a perfect year. If you didn't like the way it started out, with an impeachment and a pandemic dominating the news, you might not have liked the way it ended, with a pandemic and an impeachment dominating the news. While miners from one end of Alaska to the other were doing whatever they could to remain safe and in business, travel restrictions and quarantines certainly did not make things any easier. Whether you were a Trumper or a...
The Alaska Industrial Development and Export Authority unanimously passed a resolution authorizing the formalization of a preliminary due-diligence process for a potential US$3 million to US$5 million investment for the development and commercial-scale operation of the rare earths separation facility Ucore Rare Metals Inc. plans to build near the Southeast Alaska port town of Ketchikan. Development of this Alaska Strategic Metals Complex, or Alaska SMC, is the first step towar...
