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
Klondike Gold Corp. June 1 announced that the 2020 exploration program is underway on its Klondike District property, a 586-square-kilometer (226 square miles) land package that blankets much of the legendary 20-million-ounce placer gold district near Dawson City, Yukon. This year's program includes three phases of drilling targeting the Lone Star and Stander (formerly known as Nugget) zones, which lie between the Eldorado and Bonanza Creeks of Klondike Gold Rush fame. The...
Western Copper and Gold Corp. June 4 said it plans to drill at least 43 holes this summer at its Casino copper-gold project in the Yukon. Slated to get underway by mid-June, this drill program will test three targets identified last year – High Gold, Northern Porphyry and Canadian Creek. Western's primary 2020 drill target is High Gold, a zone of higher grade gold mineralization with the potential to significantly bolster the economics of a mine at Casino. One particularly h...
Skeena Resources Ltd. June 4 announced it is implementing a vigorous infection prevention and control strategy ahead of resuming exploration and development activities at its Eskay Creek and Snip gold projects in British Columbia's Golden Triangle. Skeena launched a 28,000-meter drill program at Eskay Creek earlier this year but idled the drill after completing 4,237 meters due to COVID-19 restrictions. Planning to resume this program later this month, the company is...
Strategic Metals Ltd. June 3 announced plans for continued exploration of Mount Hinton, a high-grade gold and silver project in Yukon's Keno Hill Mining District. During its 2019 program, Strategic geologists collected rock samples from the Mount Hinton property with up to 2,340 grams per metric ton (75.23 ounces per metric ton) gold and 597 g/t (19.2 oz/t) silver on the eastern side of Granite Creek. The company followed up on this bonanza gold discovery with a second phase o...
N'tsi Tatay, more widely known as the Windy Craggy Project, is one of North America's largest resources of cobalt with excellent copper, zinc, gold, and silver grades hosted in an Upper Triassic Besshi-style volcanogenic massive sulphide. It is located in the northwestern corner of British Columbia within a regional scale volcano-sedimentary basin, termed Alta Basin, which is a mineralized belt that has the potential for future discoveries. Other known sulphide prospects...
Avidian Gold Corp. June 1 said it has signed a binding letter of intent to acquire the Fish Creek gold property near Kinross Gold Corp.'s Fort Knox Mine in Alaska from Keltic Enterprises Inc. Situated about four miles east of the area currently being mined at Fort Knox and immediately west of Kinross' Gil deposit, Fish Creek consists of 1,032 acres of state mineral lease lands. Avidian already owns Amanita, 3,608-acre property on state lands boarding the south side of the...
Tectonic Metals Inc. June 2 announced plans to raise an additional C$3 million to fund 2020 drill programs on two of its Alaska properties – Tibbs and Seventymile. In April, Doyon Ltd. invested US$1.5 million (C$2.1 million) to acquire a 16.1% strategic ownership of Tectonic. An Alaska Native Claims Settlement Act (ANCSA) regional corporation, Doyon owns 12.5 million acres of land spanning Alaska's Interior, making it the largest private landholder in the state and one of t...
There are signs of renewed life for the Niblack copper-gold-zinc-silver project on Prince of Wales Island in Southeast Alaska. Heatherdale Resources Ltd., the company that owns Niblack, advanced the potential underground mine nearly to the permitting stage but became hampered by financial liabilities. A deal announced on June 3 cleans up Heatherdale's balance sheet and puts Rob McLeod at the helm of the restructured company. According to a resource calculated in 2011, Niblack...
