Mining Hall of Fame Opens New Museum in Fairbanks
HighGold Drilling Expands Gold-Rich Ellis Zone North of 1M oz JT Deposit
By Shane Lasley North of 60 Mining News
expansion,” said HighGold Mining CEO Darwin Green. “A priority of our 2022 drill program was to follow up on last year’s late season discovery at the DC Prospect to determine if the mineralization continued to depth and laterally along strike. This has been confirmed in our initial step-outs which have returned multiple intersections of high-grade mineralization, including subintervals of multi- ounce grade,” Green said when this first batch of Ellis Zone results was announced. The company says the systematic step-out drilling at the Ellis Zone discovery has cut additional strong mineralization to the west and down-dip of the intercept in hole DC22-043. “The Ellis Zone discovery continues to deliver excellent results with some of the strongest and widest intersections to date coming from the western limit of our drilling,” said Green. “We are very encouraged by the persistence of the Ellis Zone mineralization along strike and plan to keep stepping out in all directions as we continue expanding the known extents of the zone.” So far this year, HighGold has completed 4,935 meters of drilling in 36 holes at Ellis Zone. Assays are pending for 22 of these holes.
With the latest batch of assay results showing the drills are continuing to cut broad layers of high-grade gold at Ellis Zone, it appears that HighGold Mining Inc. is beginning to outline a second gold-rich polymetallic deposit at its Johnson Tract project in Southcentral Alaska. JT, the first deposit outlined on the 20,942-acre Johnson Tract property, hosts 3.49 million metric tons of indicated resource averaging 5.33 grams per metric ton (598,000 ounces) gold, 6 g/t (673,000 oz) silver, 5.21% (400.8 million pounds) zinc, 0.59% (43.1 million lb) copper, and 0.67% (51.5 million lb) lead. When you calculate the value of all the metals into gold equivalency, this comes to 1.05 million oz of indicated resource averaging 9.39 g/t gold-equivalent. Situated about 2.5 miles north of JT Deposit, Ellis Zone is shaping up to be part of an emerging second deposit with similar potential. “While still very early days, it appears we are well on our way to defining a second deposit at Johnson Tract to complement the existing high-grade (plus-1-million- oz) JT Deposit mineral resource that is also open to
After years of anticipation and preparation, the Alaska Mining Hall of Fame Museum opened in a great new location at 406 Cushman in Fairbanks. Gov. Mike Dunleavy was on hand for the grand opening celebration in October. Alaska Mining Hall of Fame Foundation president Tom Bundtzen officiated at the grand opening and played a key role in making the new museum a reality. The new location provides more space to display and celebrate the rich history and contributions of Alaska’s miners. It includes biographies of 130 Alaska mining pioneers. The museum will be open to the public 10 a.m. to 5 p.m.
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November 2022 I The Alaska Miner I www.alaskaminers.org
www.alaskaminers.org I The Alaska Miner I November 2022
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