Sorted by date Results 1 - 8 of 8
Victoria Gold Corp. April 7 reported that its Eagle Mine in the Yukon produced 24,759 ounces of gold during the first quarter, down about 10% from the 26,759 oz produced during the first three months of 2021. The company attributes the drop to periods of exceptionally cold weather over the Yukon winter that impacted gold production. Gold production at heap leach operations such as Eagle lags behind mining, crushing, and ore stacking. With the operational plan over the past...
After being spun out from parent purchaser Pembridge Resources plc, Minto Metals Corp. April 6 announced the company's first-quarter production results from its Minto copper mine in central Yukon. Bought from Capstone Mining Corp. early in 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 Venture...
Gold Terra Resource Corp. April 6 reported that a hole drilled for metallurgical testing in support of a resource estimate cut 26.5 meters averaging 9.05 grams per metric ton gold in the Yellorex zone on the Con Mine property recently optioned from subsidiaries of Newmont Corp. "The latest drilling on the Yellorex zone was completed in preparation for our updated mineral resource estimate by year-end as the core from Hole 30 will be used for metallurgical testing," said Gold...
Whitehorse Gold Corp. April 1 announced assay results from the final 30 drill holes of its 2021 program at its Skukum gold project in southern Yukon. Situated about 55 kilometers (34 miles) south of Whitehorse, the Skukum project hosts 1.33 million metric tons of indicated resource containing 274,544 ounces of gold and 5.36 million oz of silver; plus 1.11 metric tons of inferred resource containing 223,873 oz of gold and 1.91 million oz of silver. The bulk of this resource is...
SPC Nickel Corp., a new Canadian exploration company, April 5 outlined plans for the 2022 exploration program on its Muskox nickel-copper-platinum group metal property in Nunavut. Located in the Kitikmeot region of Nunavut, about 400 kilometers (250 miles) north of Yellowknife, Northwest Territories, Muskox is a 45,200-hectare (111,700 acres) property that covers prospective geological settings with numerous similarities to many of the world's largest nickel mining camps. SPC...
While hailing President Joe Biden's use of the Defense Production Act to bolster domestic production of critical lithium-ion battery minerals and metals as good news for the Far North State's mining sector, Alaska Gov. Mike Dunleavy says this move contradicts actions taken by the administration to reevaluate a road to the Ambler Mining District. "I fully support the President making the development of these minerals a priority in our nation's interest. But the Biden...
Tahltan Central Government says Newmont Corp.'s plans to turn over properties to the Tahltan Nation for land use planning does not address all the concerns its people have about the gold mining company's plans for development on a large gold-copper project near the community of Iskut, British Columbia. "The Tahltan Central Government is clear to outside governments, industry and the world that working alongside the Tahltan Nation as true partners is a must. No exceptions,"...
Kenorland Minerals Ltd. April 1 reported that its 2021 drilling at the Healy gold project provides further evidence of a large gold system on the 45,600-acre (18,470 hectares) land package in Alaska's Goodpaster Mining District. "The maiden diamond drill program confirmed the presence of a large-scale gold system at Healy evidenced by broad mineralisation encountered throughout the wide-spaced drilling across multiple target areas," said Kenorland Minerals CEO Zach Flood....