News Nuggets

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Articulating trucks, dozer, and compactor upgrade road during fall in Alaska.

Contango reaches $70M finance agreement

Contango ORE Inc. March 20 announced that it has entered into an agreement with two financial institutions to arrange a US$70 million loan to help fund the company's portion of expenses to reach... — Updated 3/20/2023

 
A driller tests for gold as the first 2022 snow coats the ground at Estelle.

Korbel-style gold drilled at Cathedral

Nova Minerals Ltd. March 9 announced wide gold intercepts from the first ever drilling at Cathedral, a discovery about 1,500 meters southwest of the 8.1-million-ounce Korbel Main gold deposit on... — Updated 3/17/2023

 
 By Shane Lasley    News Nuggets 
These spinning mills crush ore mined at Pogo so that the gold can be recovered.

Six-week halt of Pogo gold production

Northern Star Resources Ltd. March 15 announced a roughly six-week shutdown for unscheduled repairs at its Pogo gold mine in Alaska. Toward the end of a routine mill shutdown that began last week,... — Updated 3/16/2023

 
 By A.J. Roan    News Nuggets 
Drilling at Grande Portage's Herbert Gold project in Southeast Alaska.

Grande Portage enlists drilling powerhouse

Grande Portage Resources Ltd. March 15 announced it has signed a drilling agreement with NASCO Industrial Services and Supply for its upcoming 2023 diamond drill program at the Herbert Gold project... — Updated 3/16/2023

 
Rock hammers show scale of orange-stained nickel-cobalt-PGE mineralization.

Alaska Energy Metals makes its debut

Millrock Resources Inc. March 1 announced that it is shifting its focus to exploration of Nikolai, an Alaska project prospective for a large deposit of critical energy metals such as nickel,... — Updated 3/11/2023

 
The Pogo Mine can be seen behind a drill testing for gold on a fall Alaska day.

Resolution and Millrock eye East Pogo

Millrock Resources Inc. Feb. 24 announced that Resolution Minerals Ltd. has now earned a 51% interest in 64 North and continued exploration of this gold project in Alaska's Goodpaster Mining... — Updated 3/11/2023

 
Closeup of a finger pointing to high-grade mineralization in Arctic drill core.

More exceptional Arctic drill results

Trilogy Metals Inc. Feb. 27 reported another batch of high-grade assays from infill drilling the world-class Arctic copper-zinc-lead-gold-silver deposit in the Ambler Mining District of Northwest Al... — Updated 3/11/2023

 
Map of the CRD and porphyry drill targets around historical Illinois Creek mine.

New Waterpump drill targets identified

Western Alaska Minerals Corp. Feb. 28 reported that updated interpretations of geological, geochemical, and geophysical surveys have identified multiple targets for an up to 17,000-meter 2023 drill... — Updated 3/11/2023

 
A green band of aurora borealis behind a drill rig on a winter night in Alaska.

Golden Summit tops 12 million oz gold

Freegold Ventures Ltd. Feb. 23 reported an enormous upgrade to the quality and quantity of the mineral resources at Golden Summit, a now world-class gold project on the northern border of Kinross... — Updated 3/11/2023

 
Closeup of a finger pointing to high-grade mineralization in Arctic drill core.

Economics of Arctic Mine remain robust

Trilogy Metals Inc. Feb. 14 reports that while rising costs and challenging supply chains have weighed on the economics of building and operating a mine at Arctic, an updated feasibility study... — Updated 3/2/2023

 
A network of silver-rich massive sulfide veins glow neon red under UV light.

More bonanza silver at Waterpump Creek

Western Alaska Minerals Corp. Jan. 17 reported another hole with bonanza-grade silver-zinc-lead mineralization from its 2022 drill program at the Waterpump Creek carbonate replacement deposit on... — Updated 2/28/2023

 
A western Alaska sunset colors the horizon behind a drill at Graphite Creek.

Unveiling larger Graphite Creek potential

Graphite One Inc. Feb. 7 reported assay results from a 2,150-meter 2022 drill program aimed at upgrading and expanding the Graphite Creek resource, including one hole that cut strong graphite minera... — Updated 2/17/2023

 
Looking down at a grid of trails established during drilling at Manh Choh.

From CORE assets to Alaska gold mines

Contango ORE Inc. Feb. 6 reported that development of the Manh Choh gold mine in Alaska remains on track to begin commercial production in the second half of next year and an updated and expanded... — Updated 2/17/2023

 
 By A.J. Roan    News Nuggets
The outside of a modern adit on Blackwolf’s Niblack property.

New MRE announced for Blackwolf's Niblack

Blackwolf Copper and Gold Ltd. Feb. 16 announced, after more than a decade, an updated mineral resource estimate for its Niblack property in Southeast Alaska. "Our updated mineral resource... — Updated 2/16/2023

 
 By A.J. Roan    News Nuggets
Blackwolf geologist rappelling down a cliff to inspect outcrop mineralization.

Blackwolf excited by 2022 surface results

Blackwolf Copper and Gold Ltd. Jan. 17 announced it has received its surface sample assay results from the company's 2022 reconnaissance exploration program at its various Hyder area properties, a... — Updated 2/16/2023

 
Drillers on a rig at the Arctic deposit in Alaska’s Ambler Mining District.

Drills confirm Arctic deposit consistency

Trilogy Metals Inc. Jan. 25 reported that consistent high-grade intercepts from its 2022 infill drill program at Arctic confirm the continuity of high-grade copper-zinc-lead-gold-silver... — Updated 2/10/2023

 
 By A.J. Roan    News Nuggets
Grande Portage drill pad on a rocky outcrop at the Herbert Gold project in AK.

Grande Portage plans 2023 with new assays

Grande Portage Resources Ltd. Jan. 27 announced the first drill results of the 2022 drill program at the company's Herbert Gold property in Southeast Alaska. Located 25 kilometers (16 miles) north o... — Updated 2/8/2023

 
A large gold bar containing the 4 millionth ounce of gold produced at Pogo Mine.

Pogo gold output climbs on higher grades

Northern Star Resources Ltd. Jan. 19 reported a rebound in gold production and a drop in per-ounce production costs at its Pogo Mine in Alaska. During the fourth quarter of the calendar year 2022, P... — Updated 1/26/2023

 
Red drill rig tests for gold in a birch tree forest during the winter in Alaska.

Freegold cuts 391m of 3.83 g/t gold at GS

Freegold Ventures Ltd. Jan. 23 reported yet another long drill intercept of strong gold mineralization with a bonanza-grade subsection at Golden Summit, a highway-accessible exploration project... — Updated 1/26/2023

 
Alaska Range mountain backdrops outstretched hand holding gold-rich rock sample.

Nova trumpets new Estelle gold discovery

Nova Minerals Ltd. Jan. 15 announced the discovery of a large high-grade gold system within the emerging RPM Mining Complex at the southern end of the company's Estelle property in Alaska. Located... — Updated 1/19/2023

 
Truck dumps gravel to be leveled and compacted for the Manh Choh road.

Contango ORE sees 2023 as pivotal year

Contango ORE Inc. Dec. 23 announced that it has raised US$5.6 million through a private placement to help fund the company's 30% interest in the development costs at Manh Choh until it can arrange... — Updated 1/18/2023

 
A blanket of snow covers Alaska Range mountains during the fall.

Northern Star buys 10% stake in PolarX

Northern Star Resources Ltd. Dec. 21 acquired a 10% interest in mineral exploration company PolarX Ltd. Both Australia-based companies have interests in Alaska – Northern Star owns and operates... — Updated 1/5/2023

 
Welcome to Hyder Alaska sign above the road crossing into Alaska from BC.

Optimum acquires Salmon gold property

Optimum Ventures Ltd. Dec. 14 announced that it has acquired the Salmon gold property in the Hyder Mining District of Southeast Alaska. A TSX Venture Exchange-listed junior, Optimum has been... — Updated 12/22/2022

 
 By A.J. Roan    News Nuggets
Drill in a rocky valley at Grande Portage's Herbert Gold property in SE Alaska.

Excellent enviro results for Herbert Gold

Grande Portage Resources Ltd. Dec. 13 announced very positive results of environmental testing at the company's Herbert Gold project a few miles north of Juneau, Alaska. Done as part of the permitti... — Updated 12/22/2022

 
A helicopter approaches a drill testing the RPM South gold target in Alaska.

RPM shaping up as a standalone gold mine

Nova Minerals Ltd. Dec. 21 said its resource expansion drilling at RPM is building a strong case for this high-grade gold deposit to be a second smaller mining center on the company's Estelle... — Updated 12/22/2022

 

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