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 777
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
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 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
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
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...
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...
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...
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 massive sulfide mineralization on this 23,361-acre (9,454 hectares) project about 80 miles (130 kilometers) southeast of Delta Junction, Alaska. So far, Alaska Energy has focused its exploration on the Eureka Zone, an enormous band of disseminated sulfide mineralization enriched with...
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 continued drilling at the higher-grade RPM deposit and Train target areas at the southern end of this 198-square-mile (513 square kilometers) land package about 100 miles northwest of Anchorage, Alaska. "The work we conducted in 2023 has continued to illustrate the unique opportunity that...
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
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 mineralization along a 1,200-meter stretch of the 10-mile- (16 kilometers) long Eureka Zone on the company's Nikolai project in Alaska. According to a calculation based entirely on historical drilling, two small pits located about 1,800 meters apart host 319.6 million metric tons of...
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. Despite the uncertainty surrounding the status of Pebble, Kopernik Global Investors LLC out of Florida has purchased convertible notes (basically a loan that gives the option to be paid out as shares) toward the sum of US$15 million, whereas Northern Dynasty also issued and sold 8.56...
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 Alaska. "These latest drilling results at RPM North confirm the consistency of mineralization and also clearly indicate the potential for resource growth, both in terms of size and confidence," said Nova Minerals CEO Christopher Gerteisen. "Several drill holes intersected...
Western Alaska Minerals Corp. Dec. 7 reported that it is narrowing in on what appears to be a deeper horizon of silver-rich carbonate replacement deposit mineralization at the Last Hurrah target on the company's Illinois Creek property about 300 miles west of Fairbanks, Alaska. CRD mineralization was discovered at the Waterpump Creek target on the Illinois Creek property by Anaconda in 1982 and was further investigated by Novagold Resources Inc. in the early 2000s. This work... Full story
Freegold Venture Ltd. Dec. 4 reported that results from its 2023 drill program continue to demonstrate that mineralization extends well west of the 20-million-ounce Dolphin-Cleary gold deposit on the company's Golden Summit project about 25 miles north of Fairbanks, Alaska. According to a March 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 282.3...
Alaska Energy Metals Corp. Dec. 5 reported additional long intercepts of nickel-copper-cobalt-platinum group metals mineralization in resource expansion drill holes in the Eureka Zone of the company's Nikolai project in Alaska. In November, Alaska Energy announced an inaugural resource for the Eureka Zone. According to this calculation, two pits along the 10-mile- (16 kilometers) long Eureka Zone host 319.6 million metric tons of inferred resource averaging 0.22% (1.55...
Tectonic Metals Inc. Nov. 23 announced that it completed 19 holes during its inaugural drilling at Flat and is positioned to carry out a larger drill program at this large gold project on Doyon Ltd. lands in Southwest Alaska. "We have achieved a major milestone in our exploration efforts with the successful completion of our first-ever drill program," said Tectonic Metals President and CEO Tony Reda. Located about 25 miles (40 kilometers) north of the world-class Donlin Gold...
Alaska Energy Metals Corp. Nov. 28 announced that it has sold nickel exploration data to KoBold Metals, a high-tech mineral exploration company backed by funding from Bill Gates, Jeff Bezos, and others that leverages the power of AI and machine learning to accelerate the exploration of metals needed for the energy transition. In Alaska, KoBold is exploring for nickel, cobalt, and associated metals at the district-scale Skolai project adjacent to Alaska Energy's Nikolai...
Nova Minerals Ltd. Nov. 20 announced that an extensive mapping and sampling program carried out across Estelle this year has turned up, by far, the highest-grade gold sample ever collected from this project about 100 miles northwest of Anchorage, Alaska. While the 2023 drill program focused on expanding the 9.9-million-ounce gold resource outlined so far at Estelle, Nova geologists collected 674 soil samples, 446 rock samples, and 21 stream sediment samples from across the...
