The mining newspaper for Alaska and Canada's North

Articles from the January 19, 2024 edition


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  • Heavy equipment stacking ore at Victoria Gold’s Eagle Gold Mine.

    Year-round stacking successful for Victoria

    A.J. Roan, Mining News|Updated Feb 22, 2024

    Victoria Gold Corp. Jan. 15 reported that despite the various ups and downs of 2023, it produced a total of 166,730 ounces of gold for the year, an 11% increase from 2022 and testimony to the feasibility of year-round ore stacking. The company's decision to stack ore on the heap leach pad during the first three months of 2023, a departure from previous years at Eagle, resulted in 37,619 oz gold produced during the first quarter-a 55% increase over 24,358 oz produced during...

  • A drill tests for gold, silver atop a ridge at Kitsault Valley in Northern BC.

    Dolly Varden expands Homestake Silver

    Shane Lasley, Mining News|Updated Jan 26, 2024

    Dolly Varden Silver Corp. Jan. 16 reported that its 2023 drilling has significantly expanded the high-grade mineralization at the Homestake Silver deposit toward the north end of the company's Kitsault Valley project at the southern tip of British Columbia's Golden Triangle. Lying about 40 kilometers (25 miles) southeast of Stewart, BC, the 63-square-mile (163 square kilometers) Kitsault Valley project is an amalgamation of Dolly Varden's namesake project and the adjacent...

  • An aerial view of the Whistler deposit and surrounding terrain during the fall.

    U.S. GoldMining confirms Whistler core

    Shane Lasley, Mining News|Updated Jan 26, 2024

    U.S. GoldMining Inc. Jan. 16 reported that its inaugural drill program at Whistler confirmed the high-grade core and expanded upon the main deposit on this gold-copper project 105 miles northwest of Anchorage, Alaska. "We are very pleased with the results from our first round of drilling at the project, which supports the robustness of our geological model, demonstrates improved continuity of high-grade mineralization and has successfully confirmed the presence of additional...

  • Tahltan equipment operators with an articulating truck used in mining.

    TD Bank supports Tahltan mine training

    Shane Lasley, Mining News|Updated Jan 26, 2024

    Awards C$600,000 grant for TNDC's heavy equipment operator program that trains Tahltan residents for jobs in Northern BC. More Northern British Columbia residents will have the skills needed to work in Golden Triangle mines thanks to a C$600,000 grant from TD Bank Group to support the Tahltan Nation Development Corp.'s Heavy Equipment Operator program. "At TD, we want to help prepare people for the jobs of tomorrow by investing in organizations that offer skills training...

  • Banyan Gold CEO Tara Christie explaining core geology during site tour.

    Final results from Banyan 2023 program

    A.J. Roan, Mining News|Updated Jan 26, 2024

    Banyan Gold Corp. Jan. 15 reported the remaining assays from a robust 2023 drill program that significantly expanded the gold mineralized footprint on the company's AurMac project in Yukon. Roughly 80% of the 24,700 meters of drilling carried out at AurMac last year was focused on the Powerline and Aurex Hill deposits, with the balance on new targets. "With three drill seasons since our initial resource in 2020, Banyan has taken the resource at AurMac to 6.2 million ounces...

  • Snowline technicians examining data on core drilled at Valley.

    Snowline reports more atypical intercepts

    A.J. Roan, Mining News|Updated Jan 26, 2024

    Snowline Gold Corp. Jan 15 announced the results from three of its latest assays for the 2023 exploration program at Valley, which the company was eager to report as it added more several-hundred-meter intercepts, with one containing one of the highest-graded sustained intervals seen to date. "Today's results highlight the strength and scale of mineralization near the open, eastern edge of the well-mineralized, near surface corridor at our Valley target," said Snowline Gold...

  • Visible gold found on core sample from drilling at Klondike’s Stander zone.

    Klondike extends gold at east Stander edge

    A.J. Roan, Mining News|Updated Jan 26, 2024

    Klondike Gold Corp. Jan. 15 announced results from the 2023 drilling at Stander on the company's Klondike Gold District property, noting that high-grade gold has been discovered there, which extends mineralization to the east. "The discovery of gold associated with historically unrecognized shear veins, distinguishable from sheeted extension veins, validates our view of the potential for the Klondike to host multiple and substantial gold deposits," said Klondike Gold...

  • An aerial shot of a snowy Pine Point early 2023.

    Pine Point drilling exceeds expectations

    A.J. Roan, Mining News|Updated Jan 26, 2024

    Osisko Metals Inc. Jan. 16 announced the remaining results from its 2023 drill program at its Pine Point zinc-lead project under its Pine Point Limited joint venture in Northwest Territories-results the company expects to incorporate into a new mineral resource estimate sometime in the first quarter. Early last year, London-based Appian Capital Advisory LLP agreed to invest as much as C$100 million (US$74 million) to earn up to a 60% JV interest in the newly formed Pine Point...

  • Map of Jackpot gold discovery in relation to Surebet corridor at Golddigger.

    Two Goliath discoveries at Golddigger

    Shane Lasley, Mining News|Updated Jan 26, 2024

    Goliath Resources Ltd. reports that in addition to the successful drilling of three high-grade gold zones along the Surebet corridor at Golddigger, its 2023 exploration program discovered two high-grade drill targets that demonstrate the exceptional potential of this 52,756-hectare (130,363 acres) property about 30 kilometers (19 miles) southeast of Stewart, British Columbia. Over the past three years, Goliath has outlined three high-grade gold zones – Surebet, Bonanza Shear,...

  • Aerial view of a large modular camp in BC’s Golden Triangle.

    Upgrading KSM to substantially started

    Shane Lasley, Mining News|Updated Jan 26, 2024

    With $444 million invested over the past three years, Seabridge files an application to upgrade status of KSM, ensure the longevity of EAC. After investing nearly C$1 billion (US$740 million) into KSM over the past two decades, including C$444 million (US$328 million) over the past three years, Seabridge Gold Inc. has applied to have the status of this world-class gold-copper project in Northern British Columbia elevated to "substantially started." A substantially started...