The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 7 of 7
White Gold Corp. Feb. 20 said drilling has extended VG, the main deposit on its recently acquired QV gold property in Yukon's White Gold District. Acquired by White Gold early last year, QV is located just across the Yukon River and north of the White Gold property. The previous owner, Comstock Metals Ltd., had outlined 4.4 million metric tons of inferred resource averaging 1.65 g/t (230,000 ounces) gold in the VG deposit. White Gold said the property has geologic...
Nighthawk Gold Corp. Feb. 19 reported strong gold results from drilling at Goldcrest, a parallel sill located 400 meters east of the Colomac Main on the company's Indin Lake gold property in Canada's Northwest Territories. "Goldcrest is very similar to Colomac Main except it has been drilled significantly less and has a shorter strike length of 2.5 kilometers (1.6 miles) compared to the nine-kilometer (5.6 miles) strike length of Colomac Main," said Nighthawk Gold President...
Golden Predator Mining Corp. Jan. 20 said its 2019 drilling has confirmed a 2,800-meter continuous trend of gold mineralization at its Brewery Creek Mine project about a 45-minute drive from Dawson City, Yukon. Previous modelling had suggested that the Fosters, Kokanee and Golden resource areas were discrete deposits within the larger Reserve trend at Brewery Creek. Results from Golden Predator's 2019 drill program and recent remodeling suggest that these previously separate...
CopperBank Resources Corp. Feb. 14 announced the termination of its option on the Pyramid and San Diego Bay copper projects on the Alaska Peninsula. Pyramid, a large porphyry copper-gold-molybdenum deposit about 25 miles north of the community of Sand Point, is on private lands owned by Alaska Native Claims Settlement Act (ANCSA) regional and village corporations. Aleut Corp., the ANCSA regional corporation for the majority of the Alaska Peninsula and Aleutian Islands, owns...
Nova Minerals Ltd. Feb. 17 announced the start of a 18,500-meter 2020 phase-1 program at its Estelle gold project in Alaska. "We are pleased to have commenced the 2020 drill program so early on in the season and look forward to an exciting growth period for Nova in 2020 with the view of significantly increasing the resource," said Nova Minerals Managing director Avi Kimelman. This resource development drilling program will initially target an area of Korbel Block B that is...
Freegold Ventures Ltd. Jan. 19 announced that South32 Ltd. has agreed to fund at least US$2 million of exploration at the Shorty Creek porphyry copper project in Interior Alaska this year. Early last year, South32 entered into an option agreement with Freegold to acquire 70% interest in Shorty Creek for US$30 million, less any money the Australia-based major invested in exploring the promising copper-gold-silver-tungsten targets that have been identified across the property. T...
Coeur Mining Inc. Feb. 19 reported expansion of silver reserves during 2019 but a slight drop in gold reserves. Zinc and lead reserves were relatively consistent as infill drilling replaced depletion at the company's Silvertip Mine in northern British Columbia. Going into 2019, Coeur's five mines – Silvertip, Kensington (Alaska), Palmarejo (Mexico), Rochester (Nevada) and Wharf (South Dakota) – had 309.5 million tons of proven and probable reserves averaging 0.008 ounces per...
