Aldrin Resource Corp. announce that preparations for the upcoming 2010 summer drill programs are complete. The Company expects to commence drilling on its 100% owned Keystone project on June 6, 2010. The Keystone project is located approximately 10-kilometers south of Keno Hill in the Mayo mining district, Yukon Territory. The Company has budgeted for 8,000-meters of core drilling this upcoming summer...
American Mining Corporation announce that it has signed a binding letter of intent to enter into a joint venture with International Tower Hill Mines Ltd., in respect of ITH’s high grade Terra Gold Project in Alaska. Pursuant to the letter of intent, Terra Gold Corp. (“Terra”), an Alaskan subsidiary of AMC and Raven Gold Alaska Inc. (“Raven”), a subsidiary of ITH, will form a joint venture...
The average number of mining and natural resources jobs in Fairbanks dropped 14 percent in the first quarter of 2007 after five consecutive years of first quarter growth, according to figures from the U.S. Bureau of Labor Statistics. While preliminary figures show a recovery in the second quarter of 2007, the dip provides a glimpse of the impact two major gold mines have on employment in the region,...
A group of influential Alaskans has formed a nonprofit group to counter what they called misinformation being disseminated in television and newspaper advertisements by groups opposing Pebble, a possible mine on the Alaska Peninsula southwest of Anchorage. The move is sure to ramp up the public relations war between those opposing and those supporting the mine. The new ”Truth About Pebble”...
Tonogold Resources, Inc. has completed their 2006 core drilling, sampling and mapping program at their 83,200 acre Nyac Gold Project in the Tintina Gold Belt of southwest Alaska. The Company has shipped 4,137 soil samples, 55 rock chip samples and 1,361 core samples to the assay lab, ALS Chemex. Assays are reported from the first 2,390 soil samples. Tonogold drilled eleven holes at Nyac in 2006, testing...