The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 9 of 9
Avidian Gold Corp. Jan. 15 said mapping and sampling at its Golden Zone project in Alaska has identified several high-grade gold occurrences and discovered a new mineralized breccia. Located about midway between Anchorage and Fairbanks, the Golden Zone property hosts numerous gold occurrences along an 8,000-meter-long trend. Breccia Pipe, the most advanced of these, is a deposit with 4.19 million metric tons of indicated resource averaging 1.99 grams per metric ton (267,400...
Golden Predator Mining Corp. Jan. 16 reported results from 43 “grade control” holes drilled at its 3 Aces project in southeast Yukon, including the highest grade gold encountered with drills on the property. These holes were designed to investigate close-space variability in three different areas of the project’s Spades zone to prepare for resource delineation drilling across the central core area – a 13.5-square-kilometer (5.2 square miles) section of the 3 Aces property that hosts several high-grade gold zones – later this...
TerraX Minerals Inc. Jan. 12 said it has entered into an agreement to acquire the Ptarmigan Mine property, a 47-hectare (116 acres) claim block within the company's Eastbelt property at the Yellowknife City Gold project in Northwest Territories. The three gold properties that make up the YCG projects – Eastbelt, Southbelt and Northbelt – blanket 440 square kilometers (170 square miles) of gold prospective land surrounding the Northwest Territories capital. The newest add...
ATAC Resources Ltd. Jan. 17 said Barrick Gold Corp.'s 2017 exploration program on the Orion project show that Carlin-style gold mineralization this property is known for extends well beyond the surface indicators. Orion, which blankets a 780-square-kilometer (301 square miles) section in the middle of ATAC's roughly 185-kilometer- (115 miles) long Rackla Gold property in the Yukon, is subject to a C$55 million earn-in agreement with Barrick. As part of the earn-in...
Goldstrike Resources Ltd. Jan. 17 reported that the final hole of its 2017 drill campaign at the Lucky Strike property in Yukon's White Gold District cut 7.73 meters averaging 3.04 grams per metric ton gold. Early staged exploration has identified five large gold-in-soil anomalies – Monte Carlo, Belmont, Samson, Boss and Maverick – along a 10-kilometer- (6 miles) corridor running across the property. Monte Carlo, discovered in 2016, was the primary focus of the 2017 pro...
Trilogy Metals Inc. Jan. 16 reported that large diameter holes drilled at its Arctic deposit – part of the Upper Kobuk Mineral Projects in the Ambler mining district of Northwest Alaska – returned high-grade copper and zinc. The five PQ sized (3.35-inch diameter) holes drilled at Artic in 2017 were designed to collect 2 tons of representative mill-feed material for bulk ore-sorting testing at an independent facility in Kentucky. Ore sorting is a technique that identifies un-...
TMAC Resources Inc. Jan. 15 reported the sale of 17,350 ounces of gold for US$1,275 per ounce, for US$22.1 million, from its Hope Bay Mine in Nunavut during the fourth quarter. For the full year, 49,040 oz of gold was poured during the first year of operation at Hope Bay, of which 46,990 oz were sold generating US$59.7 million of revenue for the year and 2,050 ounces were doré or refined. The mill at Hope Bay reached commercial production on June 1, but poor recoveries have...
GT Gold Corp. Jan. 15 published results from the final six holes from the 2017 drill program at its Saddle South gold-silver discovery on the company's Tatogga property, including one hole that cut very high-grade silver along with the high-grade gold common at Saddle South. Highlights from these holes include: 4 meters of 23.78 grams per metric ton gold and 65.87 g/t silver from a depth of 150.2 meters in hole TTD056; and 3 meters of 31.79 g/t gold and 1,410.1 g/t silver...
With fresh funds in the bank and partners exploring the gold, copper and silver projects it has generated in Alaska, British Columbia and Mexico, Millrock Resources Inc. is positioned well for 2018. As a project generator, Millrock is leveraging its team's geological expertise by identifying and acquiring promising mineral projects, completing preliminary exploration aimed at bolstering the their potential and then vending them to partners to fund the more advanced stages of...
