North of 60 Mining News - The mining newspaper for Alaska and Canada's North

Contango ORE Inc. Sep. 8 announced the discovery of West Peak Extension, a new zone of gold mineralization northwest of the Main Peak deposit, during the second phase of 2017 drilling at the Tetlin... — Updated 3/14/2018

Reuters recently reported that the 10 largest gold-producing companies worldwide have steadily increased their near-mine exploration budgets over the past few years to 56 percent in 2015 from 45... — Updated 2/5/2018

Peak Gold is raising the bar for high-grade gold deposits in Alaska. In fact, the gold grades this joint venture has reported from summer drilling at its Tetlin project in eastern Interior Alaska... — Updated 2/5/2018

Over the last month the inevitable termination dust has begun to show up across Alaska, bringing with it completion of mineral exploration programs and transition of development and production... — Updated 2/3/2018 Full story

Mineral exploration spending in Alaska hit an apex of US$365 million in 2011, but as venture capital for mining explorers dried these expenditures plummeted 78 percent to US$80 million in 2015. Howe... — Updated 2/3/2018

While many of Alaska's mining explorers were riding the brakes on their promising projects going into 2016, Royal Gold and Contango Ore put their figurative foot to the accelerator at the... — Updated 2/3/2018

As tangible buoyancy returns to the mining industry, I began to wonder if any of the multitude of forecasters had actually predicted the recent return of stronger metals prices. Since most... — Updated 2/1/2018

Earlier in November, the Alaska Miners Association held its annual convention and trade show in Anchorage and as always, the well-attended convention overlapped with election Tuesday. While the... — Updated 1/26/2018

With metal prices stabilizing, physical stockpiles dwindling and demand again on the rise, things are beginning to look up for the beleagered mining industry. Gold's performance over the past... — Updated 1/26/2018

Contango Ore Inc. Feb. 2 said the first phase of 2017 drilling at the Tetlin gold project in Interior Alaska was underway. Peak Gold LLC, a joint venture between Contango Ore and a wholly owned... — Updated 1/20/2018

Contango ORE Inc. Jan. 19 reported results from the final 11 holes completed during the third phase of 2016 drilling at the Tetlin gold project in Interior Alaska. Overall, the 2016 program at... — Updated 1/19/2018

With the opening late last month of a public comment period for the environmental impact statement on the proposed Ambler Mining District Industrial Access Project, I am cautiously optimistic that... — Updated 1/18/2018

The year just past was many things for the mining industry, but one of the bright spots came from the Mine Safety and Health Administration, an agency not known for awarding happy faces or gold... — Updated 1/16/2018

With roughly US$5 million of exploration being carried out on its projects in Alaska, British Columbia and Mexico this year, Millrock Resources Inc. is beginning to reap the benefits of the upswing... — Updated 1/16/2018

Contango Ore Inc. May 9 reported that 5,236 meters of drilling was completed in 47 holes during the initial phase of drilling at the Tetlin gold project near Tok, Alaska. Carried out by Peak Gold... — Updated 1/15/2018

If there is anyone still on the fence wondering if the minerals industry has started a recovery from the doldrums of the past four years, this month’s mineral industry activity in Alaska should s... — Updated 1/15/2018

Having outlined 1.26 million ounces of gold, 5.11 million oz of silver and 39.6 million pounds of copper in the measured and indicated resource category at the Peak deposits, Royal Gold and Contango... — Updated 1/15/2018

While the mineral exploration season in Interior Alaska typically runs from the time the ground dries in the spring, usually mid-May, until snow and cold weather make logistics too cumbersome and... — Updated 1/15/2018

The summer solstice has come and gone, but the Alaska mining industry has paid little attention to the decreased amount of daylight because it is high summer in the high latitudes, time to be out... — Updated 1/14/2018 Full story

Contango Ore Inc. Aug. 16 provided another round of drill results from the second phase of 2016 drilling at the Tetlin project near the crossroads town of Tok in eastern Alaska. The results, from... — Updated 8/21/2016 Full story

From a Texas oilman discovering rich mineral prospects at Tetlin while investigating the natural gas potential of these Native owned lands to a royalty company setting aside its business model to... — Updated 7/3/2016

Contango ORE Inc. May 5 posted results from the first-ever winter drill program carried out on the Tetlin properties near Tok, Alaska. Peak Gold, a limited liability joint venture managed by a... — Updated 5/15/2016 Full story