Stories from October, 2024
Stories from October, 2024
"In It For the Long Haul Backhaul Project" transports old appliances, electronics, batteries, and hazardous waste from Y-K Delta villages. In Alaska's urban centers, an old refrigerator, computer, or television is simply dropped off at a recycling center – and in many cases, the seller of your new appliance will cart away the old one for you. For remote Alaska villages that are hundreds of miles from the nearest recycling center, however, it is neither convenient nor...
Acquisition comes with a high-grade, low-cost Mexico mine that is expected to boost Coeur's silver, gold, and cash production. In a deal that will elevate its silver production to roughly 21 million ounces per year and gold output to 432,000 oz/y, Coeur Mining Inc. has agreed to acquire SilverCrest Metals Inc. in an all-shares deal worth $1.7 billion. "The acquisition of SilverCrest creates a leading global silver company by adding low-cost silver and gold production and...
Includes one hole that cut 39 meters averaging 5.4 g/t gold from surface at the RPM deposit. Nova Minerals Ltd. Oct. 16 reported additional thick zones of strong gold mineralization in the second batch of assays from its 21-hole drill program focused on upgrading and expanding the RPM deposit. This expansion is in preparation for the completion of a feasibility study for its Estelle gold-antimony project roughly 100 miles (160 kilometers) northwest of Anchorage, Alaska....
Latest assays include two meters of 44.43 g/t gold within 227.5 meters of bulk tonnage mineralization. Brixton Metals Corp. Oct. 16 reported that drills have tapped high-grade gold at the Trapper target on its Thorn project in Northern British Columbia. Lying in B.C.'s northwestern corner, about 55 miles (90 kilometers) northwest of Juneau, Alaska, the 2,945-square-kilometer (1,137 square miles) Thorn project covers 16 large-scale copper- and gold-enriched prospects. While...
Wraps drilling at several targets, awaits results from majority of holes. Gladiator Metals Corp. Oct. 15 announced the completion of planned drilling at several of its prospects within the Whitehorse Copper project in Yukon, Canada, with a single rig remaining at the Cub Trend, which the company expects to return to a previous target before the season is out. Situated just outside Yukon's capital city, Whitehorse Copper is a copper-molybdenum-silver-gold skarn exploration...
New assays from Nutaaq and inaugural Zebra drilling confirm resource growth potential. Blue Star Gold Corp. Oct. 16 announced the latest results from its 2024 exploration program at the Ulu Gold project in Nunavut, which includes significant gold intercepts from both the Nutaaq veins and the inaugural drilling of the Zebra prospect. Lying approximately 125 miles (200 kilometers) northwest of B2 Gold's Back River gold project and roughly the same distance southwest of Agnico...
Thick and high-grade copper intersections from surface confirm the potential of a direct shipping ore starter mine at Chinook. American West Metals Ltd. Oct. 17 reported that drilling has cut thick zones of high-grade copper from surface at Chinook that confirm the potential for this deposit as a starter pit for a future direct-shipping-ore (DSO) mine at the Storm Copper project on Somerset Island, Nunavut. "The drilling at Chinook has intersected thick intervals of copper...
Drilling at Haldane intersects Main Fault, adds fourth silver target to historic Yukon property. Silver North Resources Ltd. Oct. 16 announced the completion of its 2024 drilling campaign at the Haldane property in Yukon, Canada, which successfully intersected the Main Fault target and confirmed a fourth silver vein target at the site. "We are very pleased with the progress we made at Haldane in this program," said Silver North President and CEO Jason Weber. "We have shown...
Sampling uncovers gold and copper enriched skarn at Birch project, mapping and geophysics will enable strategic drilling for 2025. Yukon Metals Corp. Oct. 16 announced the latest results from its ongoing exploration program at the Birch project in Yukon, with impressive values of copper and gold, including rock-chip samples returning up to 2.42% copper and 6.64 grams per metric ton gold. In June, Yukon Metals solidified its position in Canada's westernmost territory by...
Hires Worley to update feasibility study for vertically integrated cobalt-bismuth-copper-gold project in Northwest Territories and Alberta. Fortune Minerals Ltd. Oct. 7 reported that it has hired Worley Canada Services Ltd. to update a feasibility study for NICO, a vertically integrated critical minerals project that will include a mine in Northwest Territories and hydrometallurgical refinery in Alberta. Located about 160 kilometers (100 miles) northwest of Yellowknife, NWT,...
Drills tap wide copper-gold mineralization indicative of a larger porphyritic intrusion. Seabridge Gold Inc. Oct. 9 reported that drilling has cut a thick zone of promising copper-gold mineralization at the Snip North target on the company's Iskut project in British Columbia's Golden Triangle. Seabridge acquired Iskut in 2016 due to the property's potential to host large porphyry copper-gold deposits similar to the company's world-class KSM mine project about 30 kilometers...
Promising gold-bearing structures explored as the company prepares to ramp up drilling. Flow Metals Corp. Oct. 8 announced an update on its 2024 exploration program at the company's Sixtymile gold project in Yukon, Canada, where recent geological mapping and sampling have identified new targets within a nine-kilometer (5.6 miles) gold-bearing thrust fault zone. Located 65 kilometers (40 miles) west of Dawson City, within the traditional territory of the Tr'ondëk Hwëchʼin...
This year's field program collects data needed for advanced mine plan study and permitting for gold-silver project in Northern B.C. Thesis Gold Inc. Oct. 7 announced the completion of a 2024 field program focused on collecting the final information needed to initiate a prefeasibility study (PFS) and permitting for a mine at its Lawyers-Ranch gold-silver project in Northern British Columbia's Toodoggone Mining District. "The successful completion of the 2024 exploration season...
First drill results uncover multiple instances of visible gold and extend known mineralization 250 meters beyond historical depths. Sitka Gold Corp. Oct. 9 announced multiple observations of visible gold in the first two diamond drill holes ever completed at the Rhosgobel intrusion, located approximately five kilometers (three miles) south of its Blackjack deposit on the company's flagship RC Gold project in Yukon, Canada. Located in the heart of Yukon's Tombstone Gold Belt,...
Recent drilling uncovers high-grade zinc and silver, opening new exploration opportunities. Fireweed Metals Corp. Oct. 8 announced the discovery of near-surface zinc and silver mineralization at the newly identified Popcorn target within the company's Macpass Project in Yukon, Canada. "Popcorn represents the first exploration success stemming from our regional exploration program this year at Macpass," said Peter Hemstead, Fireweed Metals' interim president and CEO....
Assays once again outperform resource model; Snowline still awaiting majority of results. Snowline Gold Corp. Oct. 10 announced the next batch of assays from its 2024 exploration campaign at Valley on the company's Rogue project in Yukon, Canada, including 2.1 grams per metric ton gold over 433.5 meters, further reinforcing the potential for high-grade, near-surface gold mineralization. Located within the Selwyn Basin near Yukon's eastern border with Northwest Territories,...
