News Nuggets / Alaska

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Aerial view of the Johnson Tract exploration camp and JT Deposit.

Geophysics highlight new JT drill targets

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... — Updated 3/14/2024

 
A geologist stands on a ridge next to the orange-stained Stoney Vein.

More antimony found with Estelle gold

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 are... — Updated 3/14/2024

 
 By Shane Lasley    News Nuggets 
A band of green aurora over a drill testing for gold on an Alaska winter night.

Investors pile onto Freegold financing

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... — Updated 3/14/2024

 
Map showing locations of PolarX’s mineral exploration projects in the U.S.

Northern Star backs PolarX financing

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... — Updated 3/7/2024

 
A truck loaded with Red Dog concentrates leaves the mill during the winter.

Red Dog ends 2023 with solid production

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 p... — Updated 3/6/2024

 
A drill tests for high-grade gold on a mountainside in Southeast Alaska.

Coeur's reserves shrink, resources grow

2023 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... — Updated 3/6/2024

 
Closeup of core from drilling through high-grade silver-zinc-lead veins.

Hecla silver reserves at 238 million oz

Company expands Keno Hill and Lucky Friday reserves, readies Greens Creek for the next jump. Hecla Mining Company Jan. 13 reported that its 2023 exploration resulted in the second-highest silver res... — Updated 2/29/2024

 
Molten gold pours into a bar mold at the Fort Knox mine.

Delivering more gold for Fort Knox growth

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... — Updated 2/29/2024

 
Molten gold cascades down bar molds at Northern Star’s Pogo mine in Alaska.

Pogo produces 259,573 oz gold in 2023

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... — Updated 2/24/2024

 
Drillers test for gold on a cloudy summer day in Southwest Alaska.

Tectonic strikes gold with 19 holes at Flat

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... — Updated 2/22/2024

 
A stack of boxes full of core from a 2021 hole drilled at Waterpump Creek.

75M oz of silver-eq at Waterpump Creek

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 repor... — Updated 2/22/2024

 
Drill core being cut longways by an industrial rock saw.

Golden Summit expands westward

Freegold Venture 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... — Updated 2/16/2024

 
Closeup of mineralized core from drilling in the Eureka Zone at Nikolai.

Alaska Energy Metals' momentum builds

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.... — Updated 2/15/2024

 
Closeup of mineralized quartz crystals (left); 13-foot-wide cave (right).

Nova discovers Wombat target at Estelle

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... — Updated 2/15/2024

 
An aerial view of the Whistler deposit and surrounding terrain during the fall.

U.S. GoldMining confirms Whistler core

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... — Updated 1/26/2024

 
Lights illuminate Quonset tents at dusk on Alaska’s west coast.

Graphite One builds momentum into 2024

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... — Updated 1/25/2024

 
 By A.J. Roan    News Nuggets
A figurine of Lady Justice holding scales next to a gavel.

SCOTUS denies Alaska's Pebble motion

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... — Updated 1/20/2024

 
A helicopter sits on a flat mineralized area of the Alaska Range mountains.

Hints of buried Nikolai massive sulfides

Alaska Energy Metals Corp. Jan. 4 reported that the mapping, sampling, and geophysics carried out at Nikolai during 2023 has identified three intriguing targets with the potential for nickel-rich... — Updated 1/17/2024

 
Alaska Gov. Dunleavy and field crews at the Estelle gold project in Alaska.

Nova eyes new Estelle milestones in 2024

Nova Minerals Ltd. Jan. 2 reported that it plans to follow up on the 2023 exploration success at Estelle with a 2024 program that will include prefeasibility level mining studies, along with... — Updated 1/17/2024

 
Closeup of heavily mineralized core from the Palmer project in Alaska.

Drills tap 44m of 6.5% copper at Palmer

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... — Updated 1/11/2024

 
Map showing location of Vinasale and other mineral projects in Alaska.

Discovery Alaska nabs Doyon's Vinasale

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... — Updated 1/11/2024

 
Closeup of silver-colored core from drilling through high-grade graphite.

Assays confirm world-class Graphite Creek

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.... — Updated 1/10/2024

 
Drillers complete hole EZ-23-005 during a sunny August day at Nikolai.

Consistent nickel in eight Eureka holes

Alaska Energy Metals Corp. Dec. 19 reported assays from the final two holes from a 2023 drill program that has confirmed the outstanding consistency of nickel-copper-cobalt-platinum group metals... — Updated 1/4/2024

 
 By A.J. Roan    News Nuggets
Pilots flying over a drill rig on a snowy field in Southwest Alaska.

Northern Dynasty raises capital for Pebble

Northern Dynasty Minerals Ltd. Dec. 21 announced a nice holiday surprise as it closed US$15 million in convertible notes and roughly C$3.4 million in non-brokered private placement offerings.... — Updated 1/4/2024

 
Gov. Dunleavy and four workers in front of a Ruen Drilling rig at Estelle.

Expanding high-grade gold at RPM North

Nova Minerals Ltd. Dec. 11 reported that its 2023 drilling has cut broad sections of high-grade gold with resource upgrade and expansion drilling at the RPM North deposit on its Estelle property in... — Updated 1/4/2024

 

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