News Nuggets

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 By Shane Lasley    News Nuggets 
A driller tests for gold as the snow melts on a spring day in Alaska.

Felix Gold preps for NW Array resource

With metallurgical tests returning an average of 90% gold recoveries, Felix looks ahead to first resource calculation for emerging gold deposit. Felix Gold Ltd. April 10 reported that recent... — Updated 4/11/2024

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

Freegold ramping up 2024 drill program

Drilling will test for shallower and higher-grade mineralization west of 20-million-oz deposit in preparation for Golden Summit economic study. Freegold Ventures Ltd. April 10 announced that it is r... — Updated 4/10/2024 Full story

 
Drill core being cut longways by an industrial rock saw.

Golden Summit expands westward

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... — Updated 4/10/2024

 
 By Shane Lasley    News Nuggets 
Colorful sunset reflects off photovoltaic panels at a large solar power plant.

Hecla's Q1 silver production jumps 43%

Company tracks toward 17 million oz of silver in 2024 as the clean energy transition powers large increases in demand for precious industrial metal. With increased output at its mines in Alaska,... — Updated 4/9/2024 Full story

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

53M oz of silver reserves at Keno Hill

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... — Updated 4/4/2024 Full story

 
Map of Tanacross and other mineral projects in Alaska and Yukon.

Antofagasta pulls out of Tanacross JV

Kenorland to focus on Taurus South, an intriguing porphyry copper target that has yet to be drilled. Kenorland Minerals Ltd. March 28 announced that Antofagasta PLC has terminated its option to... — Updated 4/4/2024

 
A mining headframe and tent camp amongst fall foliage in Northwest Alaska.

Ruby comes out in support of Ambler Road

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... — Updated 4/4/2024

 
Alaska Native drillers test the Arctic deposit in the Ambler Mining District.

Hughes reframes Ambler Road question

"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 ye... — Updated 3/28/2024 Full story

 
A drill perched on the side of a mountain tests for metals in SE Alaska.

Palmer partners approve $12.8M program

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... — Updated 3/25/2024

 
Map showing Felix Gold properties in relation to Fairbanks and Fort Knox Mine.

Felix Gold takes fresh look at Grant Mine

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... — Updated 3/21/2024

 
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

 
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 Full story

 
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

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... — 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 Full story

 
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

 
 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

 

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