The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 101 - 125 of 221
The Government of the Northwest Territories Oct. 4 announced that it has partnered with the Canadian Northern Economic Development Agency (CanNor) to provide an additional C$500,000 in funding support for mineral exploration projects in the territory. "The NWT is a resource-rich territory and mining is the biggest source of private-sector jobs and income for our residents. To help industry bounce back from the setbacks of the COVID-19 pandemic and to restore levels of...
Nighthawk Gold Corp. Sept. 28 reported assay results from 17 drill holes that essentially double the strike length of gold mineralization at the 24/27 deposits about 4,000 meters east of the main Colomac deposit on the company's Indin Lake gold property in Canada's Northwest Territories. According to a calculation completed in February, five deposits at Indin Lake host 38.7 million metric tons of indicated resource averaging 1.81 grams per metric ton (2.25 million ounces)...
Fortune Minerals Ltd. Sept. 23 announced the start of a 3,000-meter resource expansion and exploration drill program at its Nico cobalt-copper-bismuth-gold project in Canada's Northwest Territories. Nico hosts 33.1 million metric tons of proven and probable reserves averaging 0.11% (82 million pounds) cobalt, 0.14% (110 million lb) bismuth, 0.04% (27 million lb) copper, and 1.03 grams per metric ton (1.1 million ounces) gold. This unique mix of critical, precious, and base met...
Mountain Province Diamonds Inc. July 13 reported an increase in diamond production at Gahcho Kué during the second quarter, putting the Northwest Territories mine on pace to reach at least the 6.3-million-carat lower end of the company's guidance for 2021. Gahcho Kué, which is owned by De Beers Canada Inc. (51%) and Mountain Province (49%), produced 1.76 million carats of diamonds during the second quarter, which is 14% higher than the second quarter of 2020 and a 27% jump o...
Nighthawk Gold Corp. Aug. 3 reported that one hole drilled into the high-grade core of the Cass target at Indin Lake cut 51 meters averaging 6.92 grams per metric ton gold, confirming that this area could add both tonnage and grade to the resources established on the Northwest Territories property. According to a calculation completed earlier this year, Indin Lake hosts 38.7 million metric tons of indicated resource averaging 1.81 g/t (2.25 million ounces) gold and 11.5...
Osisko Metals Inc. July 14 announced the start of a 13,000-meter summer-fall drill program at Pine Point focused largely on continued infill drilling to upgrade inferred resources outlined at this past-producing zinc project in Canada's Northwest Territories to the higher confidence indicated category. A preliminary economic assessment completed in mid-2020 outlines a mine at Pine Point that would produce an average of 327 million pounds of zinc and 143 million lb of lead annu...
Gold Terra Resource Corp. July 20 announced the start of a 10,000-meter second phase of 2021 drilling on the Newmont Option gold project in Northwest Territories. Located between the Yellowknife and Gold Terra's large land position south of the city, Newmont Option covers a roughly 3,500-meter section of the Campbell Shear, which is the source of nearly 6 million ounces of the gold recovered at the Con Mine between 1946 and 2005. Following the late 2020 option on this...
Vital Metals Ltd. June 3 announced that its Canadian subsidiary, Cheetah Resources Corp., will receive C$1.26 million from Canadian Northern Economic Development Agency (CanNor) to help fund the establishment of ore-sorting technology at the Nechalacho rare earths project in Northwest Territories. Vital is employing a unique approach to the mining of rare earths at Nechalacho. Taking advantage of a relatively small but very high-grade rare earths deposit that comes to the surf...
Nighthawk Gold Corp. May 8 reported the first batch of results from a planned 75,000-meter drill program at its Indin Lake gold property in Canada's Northwest Territories. This enormous 2021 drill campaign has been divided into two parts, with the roughly 45,000-meter initial phase focused primarily on resource expansion targets at Colomac, the most advanced project at Indin Lake. According to a calculation completed earlier this year, Indin Lake hosts 38.7 million metric...
Vital Metals Ltd. and its Canadian subsidiary Cheetah Resources May 26 reported wide sections of high-grade rare earths mineralization in the first round of drill results from the early 2021 drilling at Tardiff Zone 1 on the Nechalacho project in Canada's Northwest Territories. "The first results of this drilling program have exceeded our expectations of the higher-grade bastnasite dominated rare earth zones in the Tardiff Zone," said Vital Metals Managing Director Geoff Atkin...
Osisko Metals Inc. April 26 announced it cut 32 meters averaging 20.28% zinc and 12.02% lead in the X25 deposit at its Pine Point project in Northwest Territories. Situated 42 kilometers (26 miles) east of the town of Hay River, Pine Point is home to a former mine operated by Cominco (now Teck Resources) that produced roughly 14 billion lb of zinc and 4 billion lb of lead from around 64 million metric tons of ore during a roughly 24-year span beginning in 1964. Osisko is...
Vital Metals Ltd. May 12 reported that contractors have completed the first blast marking the official start of rare earths mining at the company's Nechalacho rare earths project in Canada's Northwest Territories. "This is another exciting milestone for Vital as we move closer to rare earths production at Nechalacho this quarter," said Vital Metals Managing Director Geoff Atkins. The initial mining at Nechalacho is being carried out at North T, a near-surface and high-grade...
Vital Metals Ltd. Feb. 22 announced that its Canadian subsidiary Cheetah Resource Corp. has signed a definitive contract with Det'on Cho Nahanni Construction Ltd. to begin mining at the North T Zone on the Australia-based miner's Nechalacho rare earths and critical minerals project in Canada's Northwest Territories. Det'on Cho Nahanni Construction Ltd., a Northwest Territories-based mine services and earthworks company 51% owned by the Yellowknives Dene First Nation, will...
Mountain Province Diamonds Inc. April 13 reported a drop in diamond production at Gahcho Kué due to an unplanned 22-day shutdown related to the February COVID-19 outbreak at the Northwest Territories mine. Diamond production at Gahcho Kué, which is owned by De Beers Canada Inc. (51%) and Mountain Province (49%), was shut down on Feb. 6 after several crew members tested positive for COVID-19. The partners began ramping up production again on Feb. 26, no easy task in the d...
Nighthawk Gold Corp. April 13 announced that a planned 41,420-meter phase 1 2021 drill program is well underway at its Indin Lake gold property in Canada's Northwest Territories. Roughly 55% of this initial phase of drilling, which began in late March and is expected to be completed in July, will test greenfield targets. The balance will focus on resource expansion. According to a calculation released on March 1, Indin Lake hosts 38.7 million metric tons of indicated resource...
Gold Terra Resource Corp. March 23 reported that it cut 4.35 meters averaging 10.85 grams per metric ton gold in its third hole drilled on the property it recently optioned from Newmont Ventures Ltd. and Miramar Northern Mining Ltd. Located between Yellowknife, Northwest Territories and Gold Terra's large land position south of the city, the Newmont Option property covers a roughly 3,500-meter section of the Campbell Shear, which is the source of nearly 6 million ounces of...
Osisko Metals Inc. March 8 reported intercepts with grades as high as 31.1% zinc and 11.6% lead over widths of 27.5 meters from this year's resource upgrade drilling at its Pine Point project about 42 kilometers (26 miles) east of Hay River, Northwest Territories. A preliminary economic assessment completed last year outlines a mine at Pine Point that would produce an average of 327 million pounds of zinc and 143 million lb of lead annually over an initial 10-year mine-life....
Fortune Minerals Ltd. March 17 reported that geophysics carried out last fall has identified five high-priority drill targets for this summer's drill program at the company's Nico gold-cobalt-bismuth-copper deposit in Canada's Northwest Territories. Nico hosts 33.1 million metric tons of proven and probable reserves averaging 0.11% (82 million pounds) cobalt, 0.14% (110 million lb) bismuth, 0.04% (27 million lb) copper and 1.03 grams per metric ton (1.1 million ounces) gold....
Gold Terra Resource Corp. March 16 reported that the 2020 drill program added roughly 472,000 ounces of gold to the resource at its Yellowknife City Gold project in Northwest Territories. According to the new calculation, Yellowknife hosts 1.21 million ounces of gold in 21.8 million metric tons of open-pittable inferred resource averaging 1.25 grams per metric ton (876,000 oz) gold; and 2.55 million metric tons of underground inferred resource averaging 4.04 g/t (331,000 oz)...
Nighthawk Gold Corp. March 1 reported significant increases to all resource categories at its Indin Lake gold property in Northwest Territories. According to the latest calculation, Indin Lake hosts 38.7 million metric tons of indicated resource averaging 1.81 grams per metric ton (2.25 million ounces) gold, a 35% increase over the 2020 resource estimate, and 11.5 million metric tons of inferred resource averaging 2.13 g/t (790,000 oz) gold, a 60% increase over last year. The...
Nighthawk Gold Corp. March 11 reported that the Tlicho Road connecting the community of Whati, Northwest Territories to Highway 3 remains on pace to be completed this fall. Being constructed along an existing winter route, the Tlicho Road will bring all-season access 97 kilometers (60 miles) closer to Nighthawks Indin Lake gold property, which lies about 160 kilometers (100 miles) northeast of Whati. The construction of this road into mineral-rich areas is being funded...
North Arrow Minerals Inc. Feb. 17 announced that a ground geophysics program is underway at its Loki diamond project in the Lac de Gras region of Northwest Territories. Roughly 35 kilometers (22 miles) southwest of the Ekati Mine and 40 kilometers (25 miles) west of the Diavik Mine, Loki is found in a region known for its rich diamond deposits. Five diamond-bearing kimberlites have been discovered across the Loki project area. Partially supported by a Northwest Territories...
Mountain Province Diamonds Inc. Jan. 25 reported that it received C$27.8 million (US$21.8 million) from the sale of 241,827 carats of diamonds recovered from the Gahcho Kué Mine in Northwest Territories. The C$115 (US$90) per carat average value for the diamonds in the Jan. 22 sale in Antwerp, Belgium was 69% higher than the average price of C$68 per carat (US$51 per carat) that Mountain Province realized for the 3.3 million carats of diamonds the company sold during 2020....
Dominion Diamond Mines Nov. 13 announced it will be recalling roughly 60 furloughed employees to prepare for an anticipated restart of its Ekati diamond mine in Northwest Territories. In mid-March, Dominion suspended operations at Ekati. While the shuttering of the diamond mine was partially to safeguard employees and nearby communities from the spread of COVID-19, the company was also suffering financial hardship. In April, Dominion filed for insolvency protection under the...
Osisko Metals Inc. Nov. 12 reports that its latest batch of drill results includes one hole that indicates a major expansion of O53, one of the deposits that make up the large zinc-lead resource at the Pine Point project in Canada's Northwest Territories. From 1964 to 1988, Cominco (now Teck Resources) produced roughly 14 billion lb of zinc and 4 billion lb of lead from around 64 million metric tons of ore averaging about 10% zinc-equivalent, which factors in the value of...
