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 58
Boots on the ground and soil samples in hand, ground truth exploration is a time-tested method that has led to many of White Gold Corp.'s various discoveries across its more than 1 million acres of prospective land in Yukon's prolific White Gold District, and 2022 exploration was no different. With exploration across more than a dozen properties, targets, zones, or areas, there is a lot of ground to cover, and each program seems to unearth more and more for this Yukon gold...
With challenging financial markets delaying Ascot Resources Ltd.'s plans to begin a new era of gold-silver production at Premier, the company focused much of its 2022 efforts on further exploration and resource upgrade drilling at the past-producing mine on the outskirts of Stewart, British Columbia. Last operated in the 1990s, Premier already had much of the major infrastructure in place – mill, crushing and grinding circuits, tailings storage area, and hydroelectric grid p...
Thanks to the thick zones of high-grade silver-zinc-lead mineralization cut during the 2022 drilling of the Waterpump Creek target at Illinois Creek, Western Alaska Minerals Corp.'s first year as a publicly traded company on the TSX Venture Exchange has been a resounding success. Listing on the TSX.V at C85 cents per share in November 2021, Western shares were selling for a whopping C$5.60 each at the company's peak in August 2022. This meteoric rise began before the first...
Gaining ownership of the Brucejack Mine through the US$2.8 billion buyout of Pretium Resources Inc., Newcrest Mining Ltd. consolidated all the current large-scale gold, silver, and copper production in the Golden Triangle and established Northern British Columbia as a solid foundation for the Australia-based company's growing North American presence. The high-grade Brucejack Mine adds more than 300,000 ounces per year to Newcrest's annual gold production and created synergies...
The success of Freegold Ventures Ltd.'s 2022 program at Golden Summit was all about connections. Thanks to a paved highway that connects the multi-million-ounce gold project to the nearby city of Fairbanks, the mineral exploration company was able to efficiently carry out drilling from February through December, and that expansive drill campaign was able to link the bulk-tonnage Dolphin deposit with the high-grade Cleary Hill Mine area to the east. According to a 2016...
Racing past a milestone that marks roughly the midpoint of its planned path to production at Lawyers, Benchmark Metals Inc. completed a preliminary economic assessment in August that outlines an economically robust mine at this Northern British Columbia project that would produce 1.7 million ounces of gold and 26.7 million oz of silver over an initial 12 years of mining. According to a calculation completed in June, the AGB, Cliff Creek, and Dukes Ridge deposits at Lawyers...
Gold dominates Alaska mineral exploration, but a critical shift arises. Since the discovery of gold in what is now the Alaska capital city of Juneau, prospectors, geologists, and fortune seekers have spent more than 140 consecutive summer seasons exploring The Last Frontier's golden potential. With these endeavors turning up rich aurum lodes in every corner of the state, except for the oil-rich North Slope, the nearly century-and-a-half tradition of seeking and discovering wor...
After elevating the resource in the JT deposit to above 1 million ounces of gold-equivalent, HighGold Mining Inc. focused its 2022 drilling at its Johnson Tract property in Alaska largely on expanding the high-grade mineralization at the Difficult Creek target area about 2.5 miles (four kilometers) to the northeast. Located on the west side of Cook Inlet, about 125 miles southwest of Anchorage, Alaska, Johnson Tract is a 20,942-acre property owned by Cook Inlet Regional Inc.,...
As a project-generating exploration company, Millrock Resources Inc. identifies and secures grassroots mineral projects and brings on partners to fund the high-risk early stages of exploration. During 2022, two Australian companies had drills turning on large gold properties Millrock assembled in Alaska's Fairbanks and Goodpaster mining districts. The largest of these programs was carried out by Felix Gold Corp. on the Treasure Creek property in the Fairbanks District, a...
With the January completion of an A$10 million (U$7.1 million) initial public offering and listing on the Australian Securities Exchange, Felix Gold Ltd. went into 2022 well-positioned to begin drilling the large package of gold exploration properties it had assembled in Alaska's Fairbanks Mining District. As a private company, Felix entered into a strategic alliance with Millrock Resources Inc. in 2021 on several Interior Alaska gold exploration projects – Treasure Creek a...
With the official decision to move forward with development of the Manh Choh Mine in eastern Alaska, Kinross Gold Corp. has taken a large step forward toward executing its strategy to leverage the underutilized 14-million-metric-ton-per-year mill and tailings storage capacity at its Fort Knox Mine site north of Fairbanks to process higher-grade ore from projects within a roughly 300-mile radius of the Interior Alaska operation. "At Manh Choh in Alaska, we completed a...
Originally formed as a private company in 2018, Valhalla Metals Inc. launched onto the TSX Venture Exchange in the fall of 2022 with two high-grade volcanogenic massive sulfide projects at either end of Alaska's famed Ambler Mining District that are enriched with copper, zinc, silver, and gold. "In a time when the United States is working to secure domestic sources of critical minerals, we are happy that we could successfully complete the transaction to acquire two high-grade...
As an Alaska-based mineral explorer that is listed on the NYSE American stock exchange and involved with advancing two gold mines toward production, Contango ORE Inc., commonly referred to simply as CORE, is unique in the realm of junior mining companies. Led by president and CEO Rick Van Nieuwenhuyse, CORE has assembled a pipeline of Alaska gold projects along the highway system in Alaska that span the gamut from discovery to mine development. "I have spent a good part of my...
Following a new resource calculation that defined 1.4 million ounces of gold at Taurus, Cassiar Gold Corp. launched a 20,000-meter drill campaign focused on expanding this deposit and exploring the wider potential of its namesake project in British Columbia's northern reaches. Situated about 55 miles (90 kilometers) southwest of Watson Lake, Yukon, the 145,800-acre (59,000 hectares) Cassiar gold property is divided into two areas – Cassiar North, which hosts the bulk tonnage T...
With C$26 million (US$20 million) in its treasury following the closing of a C$13 million (US$10 million) financing backed by Eric Sprott and Hecla Mining Company, Dolly Varden Silver Corp. launched a 37,061-meter drill program at its Kitsault Valley silver-gold project in Northern British Columbia. "With strategic and technical input from our supportive corporate shareholder, Hecla Mining, it is our goal to make new silver and gold discoveries as well as to dramatically grow...
With the September completion of a feasibility study that details a very economically robust gold-silver mine at Eskay Creek, Skeena Resources Ltd. has focused its drilling on near-surface mineralization that could extend the life of this future mine in British Columbia's Golden Triangle. Over the nine years of operations considered in the feasibility study, the open pit mine proposed for Eskay Creek would produce 2.42 million ounces of gold and 66.7 million oz of silver from...
With a little bit of downsizing from the sale of its Yukon gold properties, StrikePoint Gold Inc. is well positioned financially to continue exploration work at its Willoughby and Porter properties near Stewart, British Columbia, in the territory's prolific Golden Triangle. Strikepoint's 2022 exploration program included roughly 3,000 meters of drilling split about evenly between its two Northern BC properties. "At Porter, our work will continue to test the limits and source...
Leveraging substantial advancements in the understanding of porphyry, skarn, and carbonate replacement type deposits over the past 40 years, Core Assets Corp. is making news discoveries on the long overlooked Blue property in British Columbia's Golden Triangle. Located along BC's border with Alaska in the Atlin Mining District, Blue is a 275,890-acre (111,650 hectares) land package covering high-grade skarn and carbonate replacement and porphyry prospects enriched with...
With open pit mineable reserves that can support a financially robust mine capable of averaging more than 1 million ounces of gold, 3 million oz of silver, 178 million pounds of copper and 4.2 million lb of molybdenum annually for 33 years, Seabridge Gold Inc.'s KSM project in British Columbia's Golden Triangle is world-class by all measures. This operation, which was detailed in a prefeasibility study completed in June, does not consider the block cave mining of underground...
Working with First Nations is key to unlocking the Golden Triangle's vast potential. A world-class copper-gold district that is also enriched with nickel, cobalt, platinum group metals, and other critical minerals, the Golden Triangle region of Northern British Columbia is poised to be a major supplier of the mined commodities critical to a low-carbon future, cutting-edge technologies, and strong global economies. "Responsible mineral exploration and development are critical...
With access road construction underway, Western Copper and Gold Corp. prepped its world-class Casino gold-silver-copper-molybdenum project to be ready for development with exploration and expansion programs to crack open this jackpot discovery. Located about 300 kilometers (186 miles) northwest of Whitehorse, this highly prospective project that Western Copper and Gold subsidiary, Casino Mining Corp., has been advancing since acquiring the property in 2008 is found within the...
After being spun out from parent purchaser Pembridge Resources plc, Minto Metals Corp. kicked off the year with its strongest quarter yet with production results from its Minto copper mine in central Yukon. Bought from Capstone Mining Corp. in early 2018, Pembridge managed to complete its first full year of operations in 2020, despite the ongoing challenges of the COVID-19 pandemic. Toward the end of that year, the company completed the formation of Minto Metals Corp., a TSX...
Following the denial of a tote road to its Rackla Gold project in the Yukon, ATAC Resources Ltd. diversified its portfolio and got back into the Canadian mineral exploration fray. "The last two years have provided obvious challenges. However, during this time we have been very active advancing our copper-gold projects and conducting numerous comprehensive property evaluations, while preserving our treasury for the opportunities that lie before us now," ATAC President and CEO...
Toward the goal of advancing Klaza to the prefeasibility stage, Rockhaven Resources Ltd. completed 12,042 meters of drilling in 2022, focused primarily on upgrading as much inferred resource to the indicated category. "We anticipate the completion of the fully-funded pre-feasibility study by mid-2023," said Rockhaven Resources President and CEO Matthew Turner. "Thanks to the hard work of our crews and contractors, we were able to stay within budget and accommodate an extra...
Just shy of two years after its inception, Snowline Gold Corp., a junior mining company with deep prospecting roots in the Yukon and backed by savvy investment partners, is quickly emerging as one of northern Canada's most active and enticing gold explorers. As a more recent addition to the North of 60 Mining News coverage area, Snowline has rapidly positioned itself into some of Yukon's most exciting new gold. "We've really gone out to new parts of the Yukon that haven't...
