The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 8 of 8
Though Whitehorse Gold Corp. was not officially formed until Nov. 18 and only began trading on the TSX Venture exchange on Nov. 25, the newly emerged exploration company is already reporting impressive gold-silver intercepts from drilling at Skukum, an advanced exploration project in southern Yukon previously known as Tagish Lake. New Pacific Metals Corp., which gained full ownership of Skukum through the 2011 acquisition of Tagish Lake Gold Corp., created Whitehorse Gold as...
Victoria Gold Corp. Dec. 8 reported high-grade gold results from trenching and drilling carried out this year at Lynx, an early stage exploration target about nine kilometers (5.6 miles) southeast of the Eagle Mine. The 2020 exploration work at Lynx consisted of a focused program that included 720 meters of trenching, 590 meters of diamond drilling in four holes, and the collection of more than 1,600 grid-based soil samples. Highlights from the trenching include: • 46 m...
Sabina Gold & Silver Corp. Dec. 9 released the final batch of results from the roughly 8,000 meters of drilling completed this year at the company's Back River gold project in Nunavut, Canada. "Sabina is proud to have delivered a number of significant exploration successes this year," said Sabina Gold & Silver President and CEO Bruce McLeod. "This was accomplished while operating within a restricted safety framework that has protected our employees, contractors and community...
Skeena Resources Ltd. Dec. 8 reported that the phase-1 drill program at Eskay Creek continues to verify the expected grades, thickness and continuity of mineralization modelled in 22 Zone and encountered a new pod of high-grade gold-silver mineralization about 200 meters to the northeast. Located about 1,000 meters southwest of the five contiguous zones that make up the primary resource area at Eskay Creek, 22 Zone is envisioned to be mined from a separate open-pit. Skeena rep...
Golden Sky Minerals Corp. (formerly Luckystrike Resources Ltd.) Dec. 10 reported promising results from its 2020 drilling at Hotspot, a 46.4-square-kilometer (17.9 square miles) gold exploration on the Yukon side of the Alaska-Yukon border. Hotspot is situated along the Big Creek fault, a regional-scale fault system that hosts numerous porphyry and orogenic gold deposits in Alaska and the Yukon. The closest such deposit is Taurus, a porphyry copper-gold-molybdenum deposit on...
Newcrest Minerals Ltd. and Imperial Metals Corp. Dec. 10 reported results from 12,652 meters of drilling completed at the Red Chris copper-gold mine property in Northern British Columbia since the end of September. This drilling included six holes focused on the discovery of additional zones of higher-grade mineralization within the Red Chris porphyry corridor and two geotechnical holes. Newcrest reports that all six exploration holes encountered mineralization. One of the...
Grande Portage Resources Ltd. Dec. 9 reported assay results from holes that tapped gold mineralization in the Deep Trench, Ridge and Main veins on its Herbert Gold project in Southeast Alaska. Herbert Gold hosts 1.88 million metric tons of indicated resource averaging 10.03 grams per metric ton (605,000 ounces) gold; plus 553,429 metric tons of inferred resource averaging 14.15 g/t (251,700 oz) gold. This resource is found in three roughly parallel structures at Herbert Gold...
Seabridge Gold Inc. has added 25.9 million ounces of gold to its 49.7 million oz of gold in measured and indicated resources at its already world-class KSM project in British Columbia's Golden Triangle. This 52% increase in gold resources is the result of an agreement to acquire the Snowfield property on the east border of the KSM property from Pretium Resources Inc. In a deal announced on Dec. 4, Seabridge will pay Pretium US$100 million for Snowfield, plus a contingent payme...
