The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 26 - 50 of 53
A more than 10,000-meter drill program focused on exploring new zones of high-grade silver and expanding the resources already outlined was the centerpiece of Dolly Varden Silver Corp.'s 2020 exploration across its namesake property south of Stewart, British Columbia. The roughly 8,800-hectare (21,745 acres) Dolly Varden property covers four historic mines that produced more than 19 million ounces of silver over four decades beginning in 1919. Four deposits associated with...
Bonanza gold grades tapped during Ascot Resources Ltd.'s 2020 drill program can only sweeten what is shaping up to be an economically robust operation at its Premier Mine project just outside of Stewart, British Columbia. A 2020 feasibility study for the resumption of mining at Premier envisions four mines in the Stewart area – Silver Coin, Big Missouri, Red Mountain and Premier – providing ore to the existing 1990s era mill. At 2,500 metric tons per day, this operation is...
Despite being challenged by COVID-19, inclement weather, and a slow return of assay results, StrikePoint Gold Inc. crews remained on target while exploring the company's high-grade Willoughby gold-silver and Porter Silver projects in British Columbia's Golden Triangle during 2020. This exploration was funded largely by Eric Sprott, who invested C$1.96 million to purchase all 23 million StrikePoint shares sold for C8.5 cents each. "With this investment by Eric Sprott,...
After COVID-19 delays to the start of 2020 exploration at Tatogga, in late June GT Gold Corp. began mobilizing crews and equipment to this exciting gold-copper-silver property in British Columbia's Golden Triangle. The 2020 field work, which included a 4,481-meter drill campaign, was carefully designed to comply with a robust COVID-19 prevention plan that aligned with provincial regulatory requirements and guidance provided by the Tahltan First Nation COVID-19 emergency...
Since acquiring a 70% interest in Imperial Metals Corp.'s Red Chris Mine, Newcrest Mining Ltd. has become increasingly excited about the potential of this porphyry copper-gold asset at the northern end of British Columbia's Golden Triangle. The Australia-based miner bought a majority stake of Red Chris with the idea that it could unlock the full value of this operation by applying its expertise in block cave mining, a bulk tonnage underground mining technique that involves...
Successfully incorporating the recently expanded, higher grade Iron Cap gold-copper deposit into the mine plan for the already enormous KSM project in British Columbia, Seabridge Gold Inc. shifted its focus to other endeavors, including the acquisition of gold-rich properties in BC and the Yukon. An updated preliminary economic assessment for KSM envisions a combined open pit and underground block cave mining operation feeding a 170,000-metric-ton-per-day mill that would...
Enduro Metals Corp. is focused on expanding the gold, silver, and copper mineralization being exposed by the rapidly retreating glaciers on its 638-square-kilometer (246 square miles) Newmont Lake project in British Columbia's Golden Triangle. Formerly known as Crystal Lake Mining Corp., in mid-2020 this exploration company changed its name to Enduro Metals to reflect the persistence and optimism of the company's new leadership. Situated about 30 kilometers (19 miles)...
Rich in battery metals, precious metals, platinum group elements, and copper, Garibaldi Resources Inc.'s Nickel Mountain project in the heart of British Columbia's Golden Triangle offers a wide range of some of the most important metals of the 21st century. And the grades of the deposits being outlined on this property about 18 kilometers (11 miles) southwest of the historic Eskay Creek Mine are remarkable. Garibaldi first tapped the nickel- and copper-rich E&L intrusion at...
Rockhaven Resources Ltd. is advancing its high-grade Klaza gold-silver project in southwestern Yukon towards permitting and development. A preliminary economic assessment completed mid-2020 envisions a mine at Klaza that would produce roughly 750,000 ounces gold and 13.8 million oz silver over a 12-year mine life. The Klaza mine outlined in the PEA is calculated to generate a post-tax net present value (at a 5% discount) of C$378 million and a 37% internal rate of return. The...
Klondike Gold Corp. drilled roughly 50 holes during the 2020 program at its Klondike District property, a 586-square-kilometer (226 square miles) land package that blankets much of the legendary 20-million-ounce placer gold district near Dawson City, Yukon. This program included four phases of drilling at the Lone Star and Stander (formerly known as Nugget) zones that lie between the Eldorado and Bonanza Creeks of Klondike Gold Rush fame. The initial phase of drilling...
Fireweed Zinc Ltd. targeted the expansion of known zones of high-grade zinc mineralization and exploration of new targets during a late-2020 season program at its 544-square-kilometer (210 square miles) Macmillan Pass project in eastern Yukon. Two deposits at Macmillan Pass – Tom and Jason – host 11.21 million metric tons of indicated resource averaging 6.59% (1.63 billion pounds) zinc, 2.48% (610 million lb) lead and 21.33 grams per metric ton (7.7 million ounces) sil...
With local support from the Tr'ondëk Hwëch'in First Nation and financial backing from noted resource investor Eric Sprott, Golden Predator Mining Corp. is rapidly carrying out its vision of reestablishing a gold mine at the Brewery Creek project in Canada's Yukon Territory. Located about 35 miles (55 kilometers) east of Dawson City, Brewery Creek is the home to a mine that produced 280,000 ounces of gold over seven years of mining that began in 1996. This operation used s...
Banyan Gold Corp. posted a maiden 903,945-ounce inferred gold resource for AurMac, the new name for the company's combined Aurex and McQuesten properties in the Yukon. A road accessible project about 56 kilometers (35 miles) northeast of Mayo and roughly 10 kilometers (six miles) south of Victoria Gold Corp.'s Eagle gold mine, AurMac hosts at-surface deposits – Airstrip and Powerline – along with other drill-ready targets. Banyan's drilling over the previous two years has f...
ATAC Resources Ltd. continues to focus its exploration on Rau, a 660-square-kilometer (255 square miles) project at the western end of the company's enormous 185-kilometer- (115 miles) long Rackla Gold property in the Yukon. Early in 2020, ATAC published the results from an updated preliminary economic assessment for a mine at Tiger, a carbonate replacement gold deposit that anchors Rau. Based on 4.53 million metric tons of measured and indicated resources averaging 3.19...
Blue Star Gold Corp. is focused on expanding the high-grade gold resources on its Ulu and Hood River properties in Nunavut. The Ulu property hosts an advanced gold project that has historically been the target of significant exploration and development by BHP Minerals, Echo Bay Mines, and others. The past work includes roughly 97,820 meters of drilling and 1,700 meters of underground development. According to a 2015 calculation, the Flood and Gnu zones on the Ulu property...
Agnico Eagle Mines Ltd. viewed the start of gold production from its Amaruq and Meliadine mines in Nunavut during 2019 as an inflection point that marked a new era for the company's endeavors in this geologically blessed, politically attractive, and stable northern Canadian Territory jurisdiction. The Toronto-based gold miner, however, did not envision this new era starting with a global pandemic that would suspend operations at its new mines and change the modus operandi at...
With a vision to become a leading base metals mining company, Osisko Metals Inc. is rapidly advancing exploration and engineering studies at its Pine Point project about 42 kilometers (26 miles) east of Hay River, Northwest Territories. A preliminary economic assessment completed in mid-2020 outlines a mine at Pine Point that would produce an average of 327 million pounds of zinc and 143 million lb of lead annually over an initial 10-year mine life. At an average zinc price...
Like many mineral exploration companies carrying out pre-pandemic winter drill programs across the North, Nighthawk Gold Corp. made the decision to wind down operations at its Indin Lake gold property in Canada's Northwest Territories in March due to COVID-19. In the three months to follow, the company kept in contact with territorial government and health officials as it worked out a plan to safely resume the planned 25,000-meter drill program at its district-scale gold prope...
White Rock Minerals Ltd. focused its 2020 exploration in Alaska on a potentially large gold system at Last Chance, a large target toward the western end of the Australian mineral explorer's Red Mountain property in Alaska. While Red Mountain is best known for its zinc-rich volcanogenic massive sulfide deposits and occurrences, this 308-square-mile (798 square kilometers) property about 60 miles (100 kilometers) south of Fairbanks lies within the Tintina Gold Belt, a...
A relatively young mineral exploration company led by a veteran team noted for their success in advancing Coffee Gold in the Yukon from a grassroots discovery to a roughly 5-million-ounce gold mine project, Tectonic Metals Inc. is exploring the overlooked gold potential Alaska has to offer. Formed as a private company in 2018 and taken public on the TSX Venture Exchange towards the end of 2019, Tectonic has already built an impressive portfolio of gold properties and strong...
Western Alaska Copper & Gold focused it's 2020 program on investigating the potential of restarting operations at the past producing Illinois Creek gold-silver mine near the Yukon River about 65 miles southwest of the town of Galena and 120 miles north of the Donlin Gold Mine project. In 2018, Western Alaska and Piek Exploration formed a joint venture to consolidate the entire Illinois Creek district, a 34,240-acre land package that blankets the Illinois Creek mine project;...
Investing capital and resources into keeping its mines operational in the midst of a global pandemic, Teck Resources Ltd. has scaled back on exploration during 2020. "These continue to be challenging times, as the world works its way through the COVID-19 pandemic," said Teck Resources President and CEO Don Lindsay. "Teck will remain focused on protecting our people and communities while continuing to operate responsibly and safely, to support the economic recovery in the wake...
Resolution Minerals Ltd. is on a mission to reveal the rich gold potential in Alaska's Goodpaster Mining District, home to Northern Star Resources Ltd.'s Pogo gold mine. While still known as Northern Cobalt Ltd., this Australia-based junior cut a deal with Millrock Resources Inc. to earn up to a 60% interest in 64North, a 160,000-acre land package encircling the Pogo Mine property, by investing US$20 million in exploration spending over four years. This enormous property is...
Australia-based PolarX Ltd. has refocused its Alaska exploration on the Zackly high-grade copper-gold-silver skarn on its roughly 100-square-mile (261 square kilometers) Alaska Range property. Blanketing 22 miles (35 kilometers) of copper-rich geology stretching across the southern slopes of the mountains for which it is named, Alaska Range consists of two adjacent copper and precious metal projects – Stellar and Caribou Dome. Zackly skarn is found in the middle of a 7...
Australian explorer Nova Minerals Ltd. is rapidly building on the multi-million-ounce gold resource it has outlined on its flagship Estelle project in Alaska. Located about 100 miles (160 kilometers) northwest of Anchorage, Alaska's largest city, Estelle blankets 85 square miles (220 square kilometers) of gold-rich geology. While more than a dozen targets have been identified across the 18-mile- (29 kilometers) length of Estelle, Nova focused its 2020 drilling on the Korbel de...
