The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 10 of 10
Ascot Resources Ltd. May 10 published an updated NI 43-101 resource estimate for its flagship Premier-Dilworth property in British Columbia's Golden Triangle that includes zones of high-grade gold mineralization in the Premier and Northern Lights area of the historical mine property. The more than 100-square-kilometer (38.6 square miles) Premier-Dilworth property is home to the Premier Mine, a past-producer of 2.1 million ounces of gold and 44.9 million oz silver....
Skeena Resources Ltd. said the results from the first eight holes of the second phase of underground drilling program at Snip, is increasing the geological confidence of high-grade gold zones at this historical high-grade gold mine project in British Columbia's Golden Triangle region. The historic underground mine at Snip, which Barrick Gold operated from 1991 to 1999, produced 1.1 million ounces of gold from 1.25 million metric tons of ore averaging 27.5 grams per metric ton...
Osisko Metals Inc. May 15 said drilling has encountered zinc mineralization between the L-35 and L-36 deposit areas on its Pine Point project in Northwest Territories. Discovered by prospectors during the Klondike Gold Rush, Pine Point is the site of a mine near the community of Hay River that Cominco Ltd. operated from 1964 to 1987. Costing $133 million to develop, a mega-project for its time, the Historic Pine Point Mine included a railroad, hydro-electric dam and a town...
Kutcho Copper Corp. May 15 reported that crews and equipment are being mobilized for the 2018 field program at its Kutcho Copper project in northwestern British Columbia. "We are excited to get underway on the 2018 field program and are looking forward to the first drill turning in the coming weeks," said Kutcho Copper COO Rob Duncan. Under its former name, Desert Star Resources Ltd., Kutcho Copper acquired the advanced stage copper exploration project from Capstone Mining...
Dolly Varden Silver Corp. May 16 said equipment is arriving at its Alice Arm base camp and the first drill rig should be turning on its high-grade Dolly Varden silver property during the first week of June. This northwestern British Columbia silver project has the advantage of access to tidewater on Alice Arm, which is about 25 kilometers (16 miles) south of the property. This provides less expensive barge deliveries of heavy equipment, fuel and other supplies needed to the...
White Gold Corp. is eager to expand known gold deposits and make news discoveries across the roughly 1 million acres (390,000 hectares) of prospective lands it holds in the Yukon's White Gold District. About half of this year's C$9 million exploration program is focused on regional targets across the extensive land holding, including more than 100 rotary air blast (RAB) drill holes, airborne geophysical surveys, over 22,000 soil samples and other exploration activates. The...
PolarX Ltd. May 15 announced that it has raised AU$2.5 million for exploration and development activities on the Alaska Range copper project in Alaska. The financing involved the issuance of roughly 24 million shares at a price of AU10.5 cents per share. Initial exploration at Alaska Range will focus on expanding the Zackly copper-gold-silver skarn deposit. In March, PolarX announced a maiden Australian Joint Ore Reserves Committee- (JORC) compliant resource for Zackly of 3.4...
K2 Gold Corp. May 17 announced that it has staked 123 state of Alaska mining claims along the Alaska-Yukon border about 20 miles (30 kilometers) northeast of Northway. Known as the McArthur Creek property, this new eastern Alaska land package covers roughly 18,300 acres in the Moosehorn Range, a cross-border region that has produced more than 100,000 ounces of placer gold. While there has been extensive claim staking and exploration on the Canadian portion of the range, the...
Canada Zinc Metals Corp. May 7 announced that it has changed its name to ZincX Resources Corp., part of a rebranding initiative to highlight and distinguish the company in the expanding junior zinc space. ZincX owns zinc-lead-silver properties that blanket 79,870 hectares (197,359 acres) of the Kechika SEDEX (sedimentary exhalative) belt in northeastern British Columbia. The rebranded company has divided this land package into two projects – Akie, which hosts the Cardiac Creek...
Goldstrike Resources Ltd. May 16 announced plans to spin its six properties in Yukon's White Gold District, Yukon into a subsidiary to be known as Luckystrike Resources Ltd. Goldstrike said shifting the White Gold District properties into a separate public company will position these gold assets to be valued on a standalone basis and will allow Goldstrike management to focus on that company's strategic partnership with Newmont Mining Corp. on the Plateau gold property. "We...
