The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 151 - 175 of 2976
Board okays 3.3M oz Nunavut mine, first gold pour slated for 2025 It's official, Sabina Gold & Silver Corp. is moving forward with the development of the Goose Mine on the company's Back River gold project in Nunavut, Canada. "This is a milestone decision for the company," said Sabina Gold President and CEO Bruce McLeod. A feasibility study that was updated in 2021 envisions a mine at the Goose deposit that will produce 3.34 million ounces of gold over an initial 15 years of...
Snowline Gold is unveiling an exciting new gold district in Canada’s Yukon. A little over 18 months after its organization, Snowline Gold Corp., a junior mining company with deep prospecting roots in Yukon Territory and savvy investment partners with deep pockets, is emerging as one of northern Canada's most active and enticing gold explorers. In March, the company outlined plans for its 2022 field season, citing exploration of prospective zones in its flagship 7...
Top objectives of new state office offers benefits for Alaska’s mining industry. Alaska's mining sector stands to benefit from a new Office of Energy Innovation established by Gov. Mike Dunleavy in two ways – policies and investments that support low-cost and low-carbon sources of energy to power mines, and the development of a strong critical minerals mining program in the state. "Alaskans need energy supplies that are stable and secure," said Akis Gialopsos, acting com...
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...
Federal agency is accepting public input on second Ambler Road EIS until Nov. 4 After months of uncertainty, the United States Bureau of Land Management has provided some clarity to the plans to carry out further review of the Ambler Access Project – a proposed 211-mile road that would link Ambler Metals' Upper Kobuk Mineral Projects (UKMP) in Northwest Alaska to the Dalton Highway. BLM, the U.S. Army Corps of Engineers, and the National Park Service issued a joint record o...
Continuing a trend of supporting mineral exploration with its cutting-edge artificial intelligence and machine learning software, Minerva Intelligence Inc. has carried out a case study on the Lone Star gold zone on Klondike Gold Corp.'s Eldorado property in the Dawson Creek Mining District of Yukon, Canada. Evaluated using Minerva's DRIVER software, Klondike Gold says it was extremely impressed with the results. "The close agreement between DRIVER's model extents and...
HighGold drilling expands gold-rich Ellis Zone north of 1M oz JT Deposit. With the latest batch of assay results showing the drills are continuing to cut broad layers of high-grade gold at Ellis Zone, it appears that HighGold Mining Inc. is beginning to outline a second gold-rich polymetallic deposit at its Johnson Tract project in Southcentral Alaska. JT, the first deposit outlined on the 20,942-acre Johnson Tract property, hosts 3.49 million metric tons of indicated...
Whether on purpose or by accident, Fireweed "just can't stop finding zinc." Whether it is expanding zinc-lead-silver resources on its flagship Macmillan Pass project in the Yukon, gaining a better understanding of its newly acquired Mactung tungsten project straddling the Yukon-Northwest Territories, or carrying out reconnaissance exploration of its recently staked Gayna River zinc-lead-gallium-germanium project wholly in NWT, Fireweed Metals Corp. is having a successful...
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...
A feasibility study for developing a mine at Skeena Resources Ltd.'s Eskay Creek has confirmed that developing an open pit mine at this historic gold-silver project in British Columbia's Golden Triangle remains profitable in today's inflationary environment, even if the price of gold dropped to US$1,400 per ounce and silver was selling for a mere US$14/oz. At US$1,700/oz gold and US$19/oz silver, the open pit mined detailed in the Eskay Creek feasibility study prepared for...
Pebble Limited Partnership presses for withdrawal of preemptive veto As the Environmental Protection Agency closed public input on its 2022 proposed determination, Pebble Limited Partnership calls on the agency to withdraw its preemptive veto of the Pebble copper mine project, ultimately finalizing the permit process undertaken by the U.S. Army Corps of Engineers. About a year ago, the EPA made known its intention to reinitiate the process of making a Clean Water Act Section...
Gains ownership of historic Keno Hill Silver Mine in Canada's Yukon With the Sept. 7 purchase of Alexco Resource Corp., Hecla Mining Company is poised to become Canada's largest silver producer by unlocking the enormous high-grade potential of its new Keno Hill Silver District project in the Yukon. The 242-square-kilometer (93 square miles) Keno Hill property covers one of the highest-grade silver districts in the world. Between 1913 and 1989, more than 200 million ounces of...
At a time when American automakers are looking for potential domestic supplies of the graphite that makes up nearly half of all the materials that go into the lithium-ion batteries powering electric vehicles, Graphite One Inc. offers up details of its plans to develop a mine at its Graphite Creek project in Alaska and processing facility in Washington that would produce roughly 75,000 metric tons of advanced graphite products per year. Earlier this year, S&P Global Platts...
The White House's bold clean energy ambitions, which are intricately linked to the availability of reliable supplies of the metals needed to build electric vehicles and renewable energy infrastructure, are being slowed by a tug-o-war between departments within the Biden administration. While the departments of Commerce, Defense, and Energy are forging ahead with programs and investments aimed at ensuring America has the minerals and metals needed to support the clean energy...
Adds $30 million to 2022 budgets at Nunavut gold mines, projects Agnico Eagle Mines Ltd., now firmly established as a gold producer in Nunavut, is adding another US$30 million to an already generous 2022 exploration budget for two of its three operations in the Far North Canadian territory. Agnico views Nunavut as a politically attractive and stable jurisdiction with enormous geological potential. The company reported gold production exceeding 774,000 ounces from its two...
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...
Chiefs from the Doyon region and village leaders from the NANA region came together for a meeting at Ambler Metals' Upper Kobuk Mineral Projects to gain a first-hand understanding of the mining proposed for the Ambler Mining District, as well as to discuss the economic benefits this resource development and a proposed road into the region could have on both the Alaska Native Claims Settlement Act (ANCSA) regions represented. "One of our core values is respect – for people, t...
Under a deal announced on Aug. 15, American Pacific Mining Corp. will gain 44.9% ownership of the Palmer zinc-copper-silver-gold-barite mine project in Southeast Alaska through the acquisition of Constantine Metal Resources Ltd. Being advanced under a joint venture between Constantine and Dowa Metals & Mining Alaska Ltd., Palmer hosts 4.68 million metric tons of indicated resource averaging 5.23% (539 million pounds) zinc, 1.49% (154 million lb) copper, 30.8 grams per metric t...
Wide sections of high-grade gold cut in the first holes drilled this year at RPM North continue to demonstrate the robust nature of this emerging gold deposit on Nova Minerals Ltd.'s Estelle property in Alaska. Located about 16 miles south of the 8.1-million-ounce Korbel gold deposit at the north end of the Estelle property, RPM hosts 23.1 million metric tons of JORC-compliant inferred resource averaging two grams per metric ton (1.5 million oz) gold. With only six holes...
Sixty North Gold Mining Ltd. reported July 11 that crews moved onto its Mon Gold property in late June and began mapping and sampling a recent nickel and cobalt discovery situated about a mile (1.5 kilometers) southeast of the mine site. The original discovery of the critical metals occurred in 2021 when a grab sample returned greater than 1% nickel, 0.18% cobalt, and 0.429 grams per metric ton gold. Follow-up grab samples in early 2022 confirmed 0.31% nickel, 0.022% cobalt,...
Following the 33 years of surface mining outlined in a recent prefeasibility study, the KSM project in British Columbia's Golden Triangle would still have enough resources to support an additional 39 years of underground mining, according to a new preliminary economic assessment prepared for Seabridge Gold Inc. In early July, Seabridge published the results of a prefeasibility study for an open-pit mining operation at KSM that would produce an average of more than 1 million...
In a move that could help it push the Pebble project across the permitting finish line, Northern Dynasty Minerals Ltd. has entered into an agreement with an unnamed investor for US$60 million over the next two years in exchange for royalties from the gold and silver that would be recovered as a byproduct of the copper produced if a mine is developed at the world-class deposit in Southwest Alaska. With an initial $12 million in good faith, this substantial investment could...
With the recently completed feasibility study showing an economically robust project, Kinross Gold Corp. has officially decided to move forward with developing a mine at the Manh Choh gold-silver project near the Village of Tetlin, Alaska. "At Manh Choh in Alaska, we completed a feasibility study ahead of schedule, and are proceeding with a project that we expect will add approximately 640,000 lower-cost gold ounces to our production profile over its life of mine in one of...
Leveraging substantial advancements in the understanding of porphyry, skarn, and carbonate replacement type deposits over the past 40 years, Core Assets Corp. is making news discoveries at the long overlooked Blue property in British Columbia's Golden Triangle. Located in the gold-rich Atlin Mining District, Blue is a 111,649-hectare (275,890 acres) land package covering high-grade skarn and carbonate replacement and porphyry prospects enriched with silver, gold, copper,...
Aston Bay Holdings Ltd. shares rocketed 33% on Monday on the news of visual confirmation of strong copper mineralization encountered in the first two holes American West Metals Ltd. drilled this year at Aston's high-grade Storm Copper Project on Somerset Island, Nunavut. Australia-based American West, which optioned Storm and the neighboring Seal Zinc project from Aston Bay early last year, recently launched its first drill program at Storm. The primary objective of this drill...
