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Mining News: Breaking gridlock  05/01/2016 (Full story)
During an era of partisan gridlock on Capitol Hill, U.S. Sen. Lisa Murkowski, R-Alaska, has managed to garner broad support for an energy bill aimed at modernizing the way power is produced in the United States, including numerous provisions important to Alaska. The legislation, which was passed out...

Mining News: News Nuggets: BLM enters final stage of EA for exploration road at Palmer  05/01/2016 (Full story)
The U.S. Bureau of Land Management April 26 opened a 30-day public review and comment period on environmental analysis of Constantine Metal Resources Ltd.’s proposed plan of operations to expand exploration at its Palmer project located on federal mining claims near Haines, Alaska. The plan, submitt...

Mining News: Red Dog production up; Qanaiyaq pit development now underway  05/01/2016 (Login to read Full story)
Teck Resources Ltd. April 26 reported its Red Dog Mine in Northwest Alaska produced record amounts of combined zinc and lead concentrates during the first quarter of 2016. During the first three months of the year, 1.08 million metric tons of ore averaging 17.4 percent zinc and 5.2 percent lead was...

Mining News: Northern Neighbors: Independence lays out $1.5M Yukon exploration plan  05/01/2016 (Login to read Full story)
Independence Gold Corp. April 27 reported an initial C$1.5 million exploration budget for 2016, which will fund roughly 1,500 meters of reverse circulation drilling at its Boulevard project, trenching on the Moosehorn project and geochemical sampling on several of the company’s Yukon properties. All...

Mining News: Northern Neighbors: Early maiden resource reveals part of Spectrum  05/01/2016 (Login to read Full story)
Skeena Resources Ltd. April 25 reported a maiden resource estimate for Spectrum and plans for the 2016 field season at the gold-copper project located in the Golden Triangle of northwestern British Columbia. The Central Zone of the Spectrum deposit hosts 8.95 million metric tons of indicated resourc...

Mining News: Northern Neighbors: Atac raises C$3.25M for Rackla Gold exploration  05/01/2016 (Login to read Full story)
Atac Resources Ltd. April 24 reported the closure of a C$3.25 million non-brokered private placement, consisting of the sale of 5 million flow-through common shares at C65 cents each. “This financing allows Atac to minimize the use of its C$16 million treasury of hard-dollars (non-flow-through dolla...

Mining News: Northern Neighbors: Winter drilling extends Wellgreen’s Far West  05/01/2016 (Login to read Full story)
Wellgreen Platinum Ltd. April 22 posted results of the 2015 fall and winter exploration drilling and field work programs at its Wellgreen platinum group metal-nickel project in southwestern Yukon Territory. Wellgreen completed 4,078 meters of core drilling and 1,091 meters of reverse circulation dri...

Mining News: Northern Neighbors: Electrum nabs major share of Victoria Gold financing  05/01/2016 (Login to read Full story)
Victoria Gold Corp. April 20 reported plans to raise C$24 million through a private placement of 80 million units at C30 cents each. Electrum Strategic Opportunities Fund L.P. has subscribed to 60 million of the offered units and Sun Valley Gold LLC has subscribed to the remaining 20 million units....

Mining News: Northern Neighbors: Colorado doubles land position in NW BC's Golden Triangle  05/01/2016 (Login to read Full story)
Colorado Resources Ltd. April 20 reported the acquisition of 32,825 hectares (81,111 acres) of prospective land in the Golden Triangle area of northwestern British Columbia. Known collectively as KingPin, the property consists of 29,425 hectares (72,709 acres) of staked claims and 3,400 hectares (8,...

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