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A Company Will Be Exploring The Mine New Gold Mine In The Livengood


An exploration company plans to spend around $8 million firming up data on a gold deposit near Livengood that it said could prove up on par with Fort Knox.
International Tower Hills president and CEO Jeff Pontius said he expects to release a revised resource estimate at the end of June and the results of an [...]

Little Squaw Gives Mid-Season Exploration and Discovery Update — Chandalar, Alaska


Little Squaw Gold Mining Company (OTC BB:LITS.OB – News) (”Little Squaw” or “the Company”) reports:
– Initial exploratory drilling in the Little Squaw Creek drainage has
found potentially economic placer (alluvial) gold mineralization.
– The hard-rock exploration program has been significantly expanded and
extensive trenching is being initiated.
– [...]

Utah, Colorado rival OPEC oil reserves, lure Chevron, Exxon, Shell


Colorado and Utah have as much oil as Saudi Arabia, Iran, Iraq, Venezuela, Nigeria, Kuwait, Libya, Angola, Algeria, Indonesia, Qatar and the United Arab Emirates combined.
That’s not science fiction, according to Bloomberg News. Trapped in limestone up to 200 feet (61 meters) thick in the two Rocky Mountain states is enough so-called shale oil to [...]

Mining companies renew their interest in Interior Alaska’s gold


Interior Alaska saw a surge of new mining claims last year with prospects north of Big Delta near the Pogo Gold Mine leading the way.
New mining claims around Fairbanks increased 53 percent last year, according to state figures gathered by the Fairbanks North Star Borough.

Oil rises over $63 after some OPEC output cuts


Oil picked up over $63 a barrel on Monday as two OPEC members trimmed production in an effort to tighten swollen supplies and halt a slide in prices.
U.S. light sweet crude for November delivery traded up 29 cents at $63.20 a barrel by 0227 GMT, extending gains of 4 percent last week. London Brent [...]