The mining newspaper for Alaska and Canada's North
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ArcWest Exploration Inc., formerly Sojourn Exploration Inc., March 20 announced that it has signed a definitive agreement to acquire Sparrowhawk, a copper-gold property about 65 kilometers (40 miles) northeast of Smithers, British Columbia. The road accessible Sparrowhawk property is adjacent to Glencore Canada's Bell and Granisle mine property in the Babine Porphyry Copper District in the northcentral part of the province. The Bell Mine, operated by Noranda between 1972 and...
Victoria Gold Corp. March 18 reported that crews constructing a mine at the company's Eagle Gold project in the Yukon has exceeded 1 million manhours without a lost time incident (LTI), an injury that results in needing to take off of work. "I am very pleased to report the Eagle Project has passed the one million labor-hours LTI free," said Victoria Gold President and CEO John McConnell. "This is a very significant milestone, requiring a true team effort and I would like to...
Trilogy Metals Inc. March 19 reported that much of the step-out drilling completed over the past two years is still too widely spaced to result in a significant increase in resources at this large copper deposit on the company's Upper Kobuk Mineral Projects in Northwest Alaska. At a cut-off grade of 0.5 percent, the open-pit portion of Bornite hosts 40.5 million metric tons of indicated resource averaging 1.02 percent (913 million pounds) copper; and 84.1 million metric tons...
International Tower Hill Mines Ltd. March 15 said it is continuing metallurgical work to define and refine the project flowsheet for its 11.5-million-ounce Livengood gold project located along a paved highway about 70 miles north of Fairbanks, Alaska. This work is part of a US$3.7 million program approved by Tower Hill's board and will build upon the metallurgical studies undertaken in 2018 to continue to define and refine the project flowsheet. Last year's program involved...
TerraX Minerals Inc. March 18 reported that relogging and sampling of core from historical drilling at the Giant gold mine has confirmed that the same structure mined at Giant extends at least 4,000 meters north onto TerraX' Yellowknife City Gold Project (YCGP). "Results from historical core assays have led to a pivotal moment in TerraX' advancement toward a potentially significant gold discovery," said TerraX Minerals President and CEO David Suda. The Giant and Con mines, loc...
StrikePoint Gold Inc. March 20 announced it has entered into a definitive agreement to acquire Willoughby, a gold-silver project about 30 kilometers (19 miles) east of Stewart, from ArcWest Exploration Inc. An intrusion related gold-silver project with similarities to IDM Mining Ltd.'s Red Mountain Mine project about seven kilometers (four miles) to the west, Willoughby is the second Golden Triangle property StrikePoint added to its portfolio in as many years. The other,...
Triumph Gold Corp.'s 2018 surface sampling provides further evidence that the already large gold-copper deposits outlined so far at its Freegold Mountain project in the Yukon may be just portions of an even greater mineralized system on the property. The sampling identified gold-copper mineralization in three zones outside the Nucleus and Revenue deposits, including bonanza grade gold in a grab sample collected from bedrock exposed by placer mining in one of the streams...
Graphite One Inc. March 18 reported that all six holes drilled last year at Graphite Creek, a large-flake graphite deposit about 37 miles (60 kilometers) north of Nome in western Alaska, cut sections topping greater than 10 percent graphite The best hole, 18GC026, cut 5.8 meters of 8.06 percent graphite from 27.8 meters; and 16.3 meters of 11.93 percent graphite from 44 meters. While this hole contained the widest intercept when considering both grade and width, all of the...