Valhalla Acquires Smucker, Raises C$15M
Valhalla Metals closed its acquisition of the Smucker copper‑zinc‑lead‑silver VMS project from Teck, doubling its footprint in Alaska’s Ambler Mining District. The deal was financed with a C$15 million ($10.8 million) capital raise, issuing subscription receipts at C$0.65 per share, and gave Teck a 31.4% equity stake while Marubeni acquired about 12.7%. Smucker hosts 11.84 Mt of historical resources averaging 0.94% Cu, 6.6% Zn, 2.3% Pb, 164 g/t Ag and 0.81 g/t Au, and will see its first drilling in 2027. Meanwhile, Valhalla will advance the Sun deposit, which has shown high‑grade zinc‑copper intervals, with a 2026 drill program funded by the new financing.
White Gold Launches Largest Drill Push
White Gold Corp announced its 2026 exploration program in Yukon, launching its largest diamond‑drilling campaign with three rigs to grow resources at four near‑surface gold deposits and test new targets across its 305,102‑hectare land package. The current resource estimate includes...
Klondike Sets 2026 Toward Larger Resource
Klondike Gold Corp. has launched an 8,000‑meter diamond drilling campaign in 2026 to expand the gold resource at its Klondike District project in Yukon. The effort builds on a 2022 resource estimate that identified 468,901 ounces of indicated and 111,959...
Contango Launches Kitsault Valley Drilling
Contango Silver & Gold has kicked off a 40,000‑meter drill campaign at its Kitsault Valley project in northern British Columbia to upgrade and expand its silver‑gold resources. The program targets resource and infill holes across the Dolly Varden and Homestake Ridge...
POSCO, Alaska Forge Development Partnership
Alaska and South Korea’s POSCO International have signed a two‑year memorandum of understanding to explore six development projects ranging from geothermal power and green methanol to sustainable aviation fuel, rare‑earth mining, port expansion and a Knik Arm crossing. The deal builds...
Ulu Gold Resource Tops 1 Million Ounces
Blue Star Gold Corp. announced that its Ulu gold project in Nunavut now hosts over 1 million ounces of gold across measured, indicated and inferred categories. The combined resource includes 558,000 ounces at an average 7.87 g/t grade in measured‑indicated zones and...
Scottie Launches 52,000-Meter Drill Program
Scottie Resources Ltd. announced a 52,000‑meter drill campaign for 2026 to upgrade and expand the inferred 3.6 Mt resource at its Scottie and Blueberry Contact Zone deposits in British Columbia. The program follows a 27,300‑meter drill season that returned high‑grade intercepts,...
Survey Reveals New Targets for White Gold
White Gold Corp. announced new high‑priority copper, gold and multi‑element drill targets at its Guilder and Mt. Hart sites in the Yukon’s White Gold District. Induced polarization (IP) geophysical surveys identified multiple chargeability and resistivity anomalies that align with known...
Alaska, NLR Forge Energy-Minerals Alliance
Alaska Governor Mike Dunleavy announced a memorandum of understanding with the U.S. Department of Energy’s National Laboratory of the Rockies (NLR) to accelerate critical‑minerals development, energy‑system innovation, and Arctic infrastructure. NLR, formerly the National Renewable Energy Laboratory, has broadened its...
POSCO, Alaska Forge Development Partnership
South Korea’s POSCO International signed a two‑year MOU with Alaska to explore six projects spanning geothermal power, green methanol, sustainable aviation fuel, rare‑earth mining, port expansion and a Knik Arm crossing. The agreement builds on a prior 20‑year LNG partnership...
Sitka Updates Rhosgobel Resource Estimate
Sitka Gold Corp. updated the Rhosgobel resource at its RC Gold project, confirming 2.25 million ounces of inferred gold and adding 2.93 million ounces of inferred silver plus about 51,000 metric tons of tungsten trioxide. The estimate draws on 72 drill holes, including...
Li-FT Drills More Lithium at BIG East
Li‑FT Power released first winter drilling results from BIG East, the largest deposit in its Yellowknife Lithium Project. The 17‑hole, 4,778 m program intersected multiple spodumene zones, notably a 26 m interval averaging 1.29% Li₂O and a 17 m sub‑interval at 1.65% Li₂O, confirming...
Copper Bay Launches Drilling at Pyramid
Copper Bay has kicked off an 8,000‑meter, 20‑hole drill campaign at its Pyramid copper‑gold‑molybdenum project in southwest Alaska. The deposit, located 2.5 miles from deep‑water access, currently hosts an inferred 206 million‑ton resource averaging 0.41% copper, 0.09 g/t gold and 0.02% molybdenum....
Nova Delivers Antimony Mining Equipment
Nova Minerals delivered more than 1.5 million pounds of equipment and supplies via a 90‑mile winter trail to its Estelle project in Alaska. The haul, funded by a $43.4 million Defense Production Act Title III grant, equips the company to upgrade the airstrip,...
Goose Beats Targets as Ramp-Up Continues
B2Gold reported first‑quarter production at its Goose mine above expectations, delivering 42,876 ounces of gold and $219.5 million in revenue thanks to higher grades and 93.5% recoveries that offset lower mill throughput. Cash operating costs came in at $1,653 per ounce,...