The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 25 of 221
Company reports grab samples up to 3% lithium oxide within a 1- by 1.5-km area at Cali. Li-FT Power Ltd. May 7 announced an update on the surface exploration program completed last year on the company's Cali lithium project, roughly six kilometers (3.7 miles) from the Howard's Pass access road and 50 kilometers (31 miles) northwest of the historical Cantung tungsten mine in Northwest Territories. In 2022, Li-FT gained full ownership of the Cali project in western NWT, near...
11% increase in carats sold, will include a 23.15 fancy intense yellow diamond to appear in Dubai for second quarter. Burgundy Diamond Mines Ltd. April 28 announced the first quarter results from the Ekati diamond mine in Northwest Territories, Canada, marking the beginning of a first full year the mine will be in production under Burgundy's banner. Finalizing its acquisition of Ekati in early July 2023, Burgundy Diamond Mines has been growing its presence in Canada, as the...
Signals successful Nighthawk, Moneta merger. STLLR Gold Inc. Feb. 12 opened trading on the Toronto Stock Exchange, signaling the successful merger between former Nighthawk Gold Corp. and Moneta Gold Inc. Attended by former president and CEO of Nighthawk, Keyvan Salehi, who now sits as president and CEO of STLLR, the new management team at STLLR, and Omar Khafagy, manager of corporate access at TSX, the company celebrated its recent merger with the successful opening of a...
NRCan funding will support a vertically integrated critical minerals supply chain that includes a mine in Northwest Territories and refinery in Alberta. Natural Resources Canada (NRCan) March 26 announced a C$714,500 (US$525,200) investment into enhancing the production of cobalt sulfate and bismuth ingot products from a future mine at Fortune Minerals Ltd.'s Nico project in Northwest Territories and associated hydrometallurgical refinery in Alberta. "Critical minerals develop...
Gahcho Kué Mine production matched 2022 numbers, but a steep diamond price decline made 2023 more challenging for Mountain Province. Mountain Province Diamonds Inc. April 1 announced the financial and operating results of 2023 as well as its performance results from the fourth quarter at its Gahcho Kué Mine in Canada's Northwest Territories, ultimately seeing a downturn from its record 2022 due to oversupply in the diamond market. Owned under a joint venture between M...
Vital Metals reports a 79% expansion of resources within the Tardiff rare earths deposit; further growth expected with inclusion of 2023 drill results. Vital Metals Ltd. April 4 announced a significant increase to the resources within the Tardiff deposit on the company's Nechalacho rare earths project about 100 kilometers (60 miles) southeast of Yellowknife, Northwest Territories. This includes a 49% increase in the tonnage of neodymium and praseodymium, a pair of rare earths...
Company plans to construct a temporary camp to aid in upcoming start of high-grade gold mine. Sixty North Gold Mining Ltd. April 9 announced that its plans to establish a modern operation at the past-producing Mon high-grade gold mine will begin with the installation of a temporary camp to replace the damages caused by the wildfires that ravaged Canada's Northwest Territories last year. Sixty North is focused on restarting gold production at Mon – a project about 40 k...
First assays from southeast extent of Echo, returns above-average lithium grades. Li-FT Power Ltd. March 19 reported its next batch of assays from its winter program, returning the first results from the southeast end of the Echo pegmatite system at its Yellowknife Lithium project in Northwest Territories, Canada. Acquiring a large portfolio of properties in the underexplored Yellowknife Pegmatite Province (YPP) in January 2023, Li-FT began its first season with a...
Australian explorer acquires interest in lithium-tantalum project in Northwest Territories' famed Yellowknife Pegmatite Province. Narryer Metals Ltd. March 12 announced that it has entered into an agreement to acquire a 70% interest in the Big Hill and Fran lithium-tantalum projects in Yellowknife Pegmatite Province in Canada's Northwest Territories. "Canada will be the first part of the supply chain for future lithium battery development in North America, and Narryer Metals...
Cursory review has 2023 assays completed and has continued reporting results on a timely basis. Li-FT Power Ltd. March 13 announced results for eight drill holes completed at its Near Field Group of lithium pegmatites on the company's Yellowknife Lithium project. With the rollover from its 2023 drilling, right into this year's results, the company has kept up momentum toward delineating the extent of mineralization held within the Yellowknife Pegmatite Province of Northwest...
Company reports no significant damages to materials, plans to construct temporary camp before initiating bulk sample and mill construction. Sixty North Gold Mining Ltd. March 7 announced an update on the company's current situation after its camp was damaged due to the wildfires that spread throughout 163,000 hectares (402,781 acres) of Northwest Territories' occupied regions and outlying countryside. Located about 40 kilometers (25 miles) north of Yellowknife, Sixty North is...
Hopes to maintain share price to invest in Quebec copper project. Osisko Metals Inc. Feb. 22 announced the sale of an additional 5% interest in the Pine Point zinc mine project in Northwest Territories to its joint venture partner Appian Capital Advisory LLP, hoping the funds will enable the company to advance its Gaspé Copper project in Quebec without further diluting its stock. "The sale of the additional five percent interest in Pine Point to Appian will allow the company...
Results from first 2024 hole included in latest assays from drilling at Yellowknife Lithium project. Li-FT Power Ltd. Feb. 27 reported the next batch of assays from its 2023 drill program at the company's Yellowknife Lithium project; while this included results from last year's drilling, it also includes one hole drilled from its ongoing winter program. Acquiring its various properties in the underexplored Yellowknife Pegmatite Province (YPP) in January 2023, Li-FT began its...
Results impress with high-grade lithium at Nite. Li-FT Power Ltd. Feb. 13 announced the next eight holes from its Yellowknife Lithium Project in Northwest Territories, Canada, bringing the total reported to 182 out of the 198 drilled last year. Despite kicking off its 2024 season before receiving remaining assays from 2023, the volume of data already received from last year's expansive drill campaign gave the company a clear enough picture to get a head start in another...
Vital Metal Ltd. Feb. 7 reported that results from its 2023 drill program at Nechalacho continue to show the potential to upgrade and expand upon shallow, high-grade rare earth element mineralization within the Tardiff deposit on the project about 110 kilometers (70 miles) southeast of Yellowknife, Northwest Territories. In 2021, the Australia-based company began mining high-grade ore from the North T deposit, which was upgraded in preparation for shipping to Saskatchewan for...
Li-FT Power Ltd. Jan. 30 and Feb. 6 announced two more batches of assays from its 2023 drilling at the Yellowknife Lithium Project in Northwest Territories, Canada, with both continuing to highlight the strong consistency of its hard rock lithium deposits. While awaiting the results from an additional 24 holes from last year's 198-hole drill campaign, Li-FT has set drills turning once more, starting its 2024 winter program Jan. 29, aiming for 18,600 meters in 100 holes,...
Nighthawk Gold Corp. Jan. 29 announced that its merger with Moneta Gold Inc. is on track for completion on Feb. 6. First announced in late November, the merger would result in a stronger gold exploration company with two Canadian projects in the near development stage, Nighthawk's Colomac gold project on the Indin Lake property in Northwest Territories and Moneta's Tower gold project in Ontario. A preliminary economic assessment prepared for Nighthawk last April outlines plans...
Li-FT Power Ltd. Jan. 29 announced the start of its 2024 winter drilling program, aiming for 18,600 meters in 100 holes to expand six pegmatites on the company's Yellowknife Lithium project in Northwest Territories, Canada. "We are excited to have the drills turning again for the winter program at our Yellowknife Lithium Project," said Li-FT Power CEO Francis MacDonald. "This winter's program will focus on resource expansion, stepping outwards from spodumene mineralization...
Mountain Province Diamonds Inc. Jan. 23 reported its production and sales results for the fourth quarter and full year 2023 from its Gahcho Kué diamond mine in Northwest Territories, Canada, underscoring the slow recovery of the diamond sector in the aftermath of the COVID-19 pandemic. Located about 280 kilometers (175 miles) northeast of Northwest Territories' capital city, Yellowknife, Gahcho Kué is a diamond mine owned and operated by a joint venture between De Beers C...
Osisko Metals Inc. Jan. 16 announced the remaining results from its 2023 drill program at its Pine Point zinc-lead project under its Pine Point Limited joint venture in Northwest Territories-results the company expects to incorporate into a new mineral resource estimate sometime in the first quarter. Early last year, London-based Appian Capital Advisory LLP agreed to invest as much as C$100 million (US$74 million) to earn up to a 60% JV interest in the newly formed Pine Point...
Li-FT Power Ltd. Jan. 23 announced the next set of assays from drilling at the company's Yellowknife Lithium project in Northwest Territories, Canada, which includes another batch from the Nite deposit, along with Fi Main, BIG West, and Ki targets. Last week, the company released results that came from the Fi Main, BIG West, and Nite complexes, however, intercepts from Fi Main shifted the direction of what Li-FT will most likely be targeting in its upcoming season. "The...
Vital Metal Ltd. Jan. 24 provided an update on its exploration and development strategy for the Nechalacho rare earths project in Northwest Territories. The Australia-based company began mining rare earths from a small, high-grade deposit at Nechalacho in 2021. However, technical and financial difficulties led Vital to rethink its previous strategy to establish a relatively small mine at Nechalacho and rare earths processing plant in Saskatchewan. Upon completion of a...
Li-FT Power Ltd. Jan. 9 announced the results from the first holes from the Nite pegmatite, the furthest western target from its Road Access Group of properties that include its Fi, BIG, KI, and Shorty prospects on the company's Yellowknife Lithium project in Northwest Territories, Canada. Going into 2024, Li-FT continues its regularly scheduled programming, reporting assays as they roll in from its 34,238-meter drill program that resulted in 198 holes. The latest comes from...
Li-FT Power Ltd. Dec. 19 announced impressive intercepts from drilling the BIG East and Echo pegmatites on the company's Yellowknife Lithium project east of Northwest Territories' capital. Last week saw the first results from the Echo target about 50 kilometers (30 miles) to the west, and this week is no different. With the bulk of the highlights revealing that while its primary focus on the Road Accessible Group of targets has continued to return consistent grades, its...
Li-FT Power Ltd. Dec. 12 announced the first assays from drilling at the "Further Afield Group" of pegmatite targets returned lithium grades very much in line with the values encountered at its primary "road-access" group of Yellowknife Lithium project claims some 50 kilometers (30 miles) to the west. The company's 141,572-hectare (349,832 acres) is an assemblage of claim blocks that cover some of the most prospective lithium targets found within the Yellowknife Pegmatite...
