The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 51 - 75 of 1176
"What happens to our communities and Tribal members if a road is not built, and no jobs or opportunity exists for our children and future generations?" Trilogy Metals Inc. March 26 announced that yet another rural Alaska Native community has passed a resolution in support of the Ambler Access Project – a proposed 211-mile, industrial-use-only road that would connect the mineral-rich Ambler Mining District in Northwest Alaska to the Dalton Highway and global markets. Hughes Vil... Full story
Tribal council unanimously passes resolution in support of the Ambler Access Project. Trilogy Metals Inc. March 21 announced that the Ruby Tribal Council has passed a resolution in support of the Ambler Access Project – a proposed 211-mile, industrial-use-only road that would connect the mineral-rich Ambler Mining District in Northwest Alaska to the Dalton Highway and global markets. Ruby is an Alaska Native community that lies about 150 miles south of the Ambler Mining D...
As trucks deliver Manh Choh ore, Kinross invests in near-pit resource growth, workforce growth in AK. Kinross Gold Corp. Feb. 17 reported that its Fort Knox Mine in Alaska produced 290,651 ounces of gold during 2023. While this is on par with the 291,248 oz produced in 2022, the company expects gold output from the Kinross Alaska mill at Fort Knox to rise sharply with the introduction of much higher-grade ore from the Manh Choh mine later this year. The nearly 300,000 oz of... Full story
Initial resource outlines thick zones of high-grade mineralization at the carbonate-hosted silver-zinc deposit on Western Alaska's Illinois Creek project. Western Alaska Minerals Corp. Jan. 22 reported a high-grade silver-zinc-lead resource for Waterpump Creek (WPC) that demonstrates the potential of the carbon replacement deposit (CRD) mineralized system that is believed to extend for more than five miles and serves as a foundation for further exploration and development acro... Full story
Stoney area sampling discovers two new prospects. Nova Minerals Ltd. Feb. 26 announced that the property-wide sampling and mapping program carried out last year at Estelle has discovered another area of high-grade gold and antimony mineralization on the company's 198-square-mile (513 square kilometers) property in Alaska. According to an early 2023 resource calculation, Estelle hosts 1.1 billion metric tons of global resources averaging 0.3 grams per metric ton (9.9 million ou... Full story
Pogo Mine owner is underwriting A$4.9M financing by Australia-based junior exploring Alaska Range. PolarX Ltd. Feb. 27 announced that Northern Star Resources Ltd. has agreed to participate in a financing that would earn the Australia-based gold producer a 28.5% interest in the junior exploration company. 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 R...
MobileMT EM survey lights up several untested VMS and porphyry targets at Johnson Tract. HighGold Mining Inc. Feb. 28 reported that a property-wide electromagnetic (EM) and magnetic geophysical survey has outlined a 7.5-mile- (12 kilometers) long corridor of gold-rich volcanogenic massive sulfide (VMS) targets at Johnson Tract that are similar to the JT Deposit and Ellis Zone found along this trend, along with two significant porphyry-style copper-gold targets alongside the...
American Pacific Mining outlines plans to test copper-rich resource expansion targets during 2024 drilling at high-grade project in SE Alaska. American Pacific Mining Corp. March 25 outlined plans for a US$12.8 million resource expansion exploration program this year at the high-grade Palmer volcanogenic massive sulfide (VMS) project in Southeast Alaska. Being advanced under a joint venture between American Pacific and Dowa Metals & Mining Company Ltd., Palmer hosts 4.68...
Hecla's Yukon mine hosts enough high-grade reserves for 11 years of mining; drilling shows promise for near-future growth. Hecla Mining Company March 28 filed a technical report outlining 55 million ounces of silver reserves for its Keno Hill mine in Canada's Yukon. This marks a 45% increase in reserves since gaining ownership of the historic silver property through the acquisition of Alexco Resource Corp. toward the end of 2022. Calculated at a price of $17 per ounce of silve... Full story
Gold explorer's expanded C$10 million financing will fund ongoing resource expansion and exploration at Golden Summit. Freegold Venture Ltd. March 8 announced plans to raise C$10 million (US$7.4 million) to continue exploration at its 20-million-ounce Golden Summit gold project about 25 miles north of Fairbanks, Alaska. The financing is double what was originally proposed, thanks to strong interest from investors. The Dolphin-Cleary deposit at Golden Summit hosts 407.5... Full story
Plans to carry out drilling to expand high-grade gold resource; primary focus remains on NW Array gold. Felix Gold Ltd. March 15 announced that it is taking a fresh look at a potential pathway to establishing a mine at the historical Grant gold mine a few miles northwest of Fairbanks, Alaska. A high-grade deposit was discovered at Grant in 1926 and small-scale mining was carried out there until 1942. Interest in the high-grade gold deposit was renewed in the 1970s and mining...
Zinc production is expected to trend downward as ore grades decline over the coming four years. Teck Resources Ltd. Feb. 21 reported that its Red Dog Mine in Northwest Alaska produced 1.19 billion pounds of zinc in 2023 and forecasts similar output this year. Starting in 2025, however, zinc production from this operation, which accounts for more than 4% of the world's supply of this galvanizing metal, is expected to begin dwindling. The company attributes the coming decrease i...
7 exploration returned mixed results for the Kensington Mine in Alaska, Silvertip project in BC. Coeur Mining Inc. Feb. 20 reported a slight drop in reserves but a significant rise in the amount of gold, silver, zinc, and lead reporting to resources across its four operating mines and two advanced exploration projects. This includes modest resource growth at its Silvertip silver-zinc-lead project in Northern British Columbia and a slight drop of gold in resources at its...
Company expands Keno Hill and Lucky Friday reserves, readies Greens Creek for the next jump. Hecla Mining Company Feb. 13 reported that its 2023 exploration resulted in the second-highest silver reserves and the largest gold resource ever for the Idaho-based company. "Hecla's silver reserves are the second highest in our 133-year history at 238 million silver ounces and only 1% less than last year's all-time highest reserve, and gold resource is the highest in our history," sa... Full story
Northern Star Resources Ltd. Oct. 19 reported that its Pogo Mine produced 66,655 ounces of gold during the final three months of calendar year 2023, which lifted the Alaska operation's output for the year to 259,573 ounces. "The Pogo team are enduring negative 40-degree days in Alaska but have maintained strong momentum in operational improvements with quarterly gold sales of 66,000 ounces and an all-in-sustaining costs of US$1,367 an ounce," Northern Star Resources Managing...
Company now seeking higher-grade sweet spot of enormous gold system affirmed with 2023 drilling. Tectonic Metals Inc. Feb. 7 reported that all 19 holes drilled during its inaugural program at the Chicken Mountain target on the Flat project in the Kuskokwim region of Southwest Alaska cut intrusion-related gold mineralization similar to what is being mined at Kinross Gold Corp. Fort Knox mine near Fairbanks, Alaska. Located about 25 miles (40 kilometers) north of the...
Freegold Ventures Ltd. Feb. 7 reported that high-grade gold assays from its 2023 drill program at Golden Summit reaffirm the expansion potential west of the 20-million-ounce Dolphin-Cleary gold deposit on this road-accessible project about 25 miles north of Fairbanks, Alaska. According to an early 2023 calculation, the Dolphin-Cleary deposit hosts 407.54 million metric tons of open-pit mineable indicated resource averaging 0.92 grams per metric ton (12 million oz) gold, plus...
Alaska Energy Metals Corp. Jan. 30 provided a recap of a busy first year of business and an outlook for its 2024 plans at the Nikolai nickel-cobalt-copper-platinum group metals project in Alaska. Drawing on CEO Greg Beischer's nickel exploration background, the management of Millrock Resources Inc. decided to set aside the project generator mineral exploration model and refocus the company on exploring large deposits of nickel and associated metals needed for the transition...
Nova Minerals Ltd. Jan. 29 reported that the expansive surface exploration program carried out last year at Estelle has discovered another high-grade gold prospect with associated copper on the 198-square-mile (513 square kilometers) property in Alaska. Led by Nova Minerals Head of Exploration Hans Hoffman, the 2023 surface exploration program included extensive mapping and the collection of 674 soil, 446 rock, and 21 stream sediment samples from across the district-scale...
U.S. GoldMining Inc. Jan. 16 reported that its inaugural drill program at Whistler confirmed the high-grade core and expanded upon the main deposit on this gold-copper project 105 miles northwest of Anchorage, Alaska. "We are very pleased with the results from our first round of drilling at the project, which supports the robustness of our geological model, demonstrates improved continuity of high-grade mineralization and has successfully confirmed the presence of additional...
Following up on a banner 2023, G1 is accelerating its strategy to build a graphite supply chain in the U.S. Graphite One Inc. Jan. 2 provided a recap of a landmark year in 2023 that positions the company to accelerate its plans to establish an all-American graphite materials supply chain that will include a mine at the company's Graphite Creek project in western Alaska and an advanced graphite processing and recycling plant in Washington or somewhere else in the "Lower 48"...
After waiting for nearly half a year on the U.S. Supreme Court's response to Alaska's petition to repeal the Environmental Protection Agency's veto of the Pebble project, Northern Dynasty Minerals Ltd. was disappointed to report the state was denied its request to take its case directly to the highest judicial body. At the beginning of 2023, the EPA issued a final determination regarding the waters surrounding the lands of the Pebble project, ultimately barring the project...
American Pacific reports four of the most significant copper intercepts at Palmer to date. American Pacific Mining Corp. Jan. 10 reported multiple holes with spectacular copper grades over wide widths at Palmer, a volcanogenic massive sulfide project near the port town of Haines in Southeast Alaska enriched with zinc, copper, gold, and silver. According to a 2018 calculation, the Palmer project hosts 4.68 million metric tons of indicated resource averaging 5.23% (539 million...
SW Alaska deposit hosts 2-million-oz gold deposit; DAF plans to reconfirm historic resource, explore project's upside potential. Discovery Alaska Ltd. Jan. 5 announced it has secured a 15-year lease on the 2-million-ounce Vinasale gold project in Alaska. Located about 16 miles south of the Southwest Alaska mining town of McGrath, Vinasale is a roughly 6,500-acre project owned by Doyon Ltd., the Alaska Native Claims Settlement Act (ANCSA) regional corporation for the state's...
Graphite One Inc. Jan. 8 reported the final batch of high-grade drill results from the 57-hole drill program carried out during the 2023 season at its Graphite Creek project in western Alaska. Backed by a $37.5 million grant from the U.S. Department of Defense, the 2023 drill program included 52 holes focused on upgrading the world-class Graphite Creek deposit, plus five geotechnical holes, in preparation for a feasibility study to be completed by the end of this year.... Full story
