The mining newspaper for Alaska and Canada's North
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Golden Predator Mining Corp. and Yukon Mint, a Golden Predator subsidiary, May 30 unveiled the First Yukon Mint .9999 gold coin at an event in Toronto, Ontario. Yukon Mint gold coins will be part of a limited annual series of First Nation art selected through design contests on the obverse side and an iconic image of Klondike Gold Rush on the reverse. The First Yukon Mint coin features the work of Kaska Nation artist Miranda Lane, a self-taught artist and spiritual intuitive....
Seabridge Gold Inc. June 5 announced the start of a C$19.7 million exploration program at its KSM copper-gold project in northwestern British Columbia. Two rigs are currently turning on the property and three will be added when snow conditions permit. In total, Seabridge plans to complete 28,000 meters of drilling and surface work at KSM this year. The primary objective of this program is to expand Iron Cap, a large gold- and copper-rich deposit that is gaining a prominent...
IDM Mining Ltd. June 4 said it has signed a letter of intent with Sunvest Minerals to provide technical and geological consultation work, as well as logistical and community guidance for Sunvest's Clone Gold property, which lies about six kilometers (3.7 miles) south of IDM's Red Mountain gold-silver property. "Our technical understanding of mineralization in this area of the Golden Triangle, particularly with IDM's recent interpretations of post-mineralization folding will...
GT Gold Corp. June 4 said crews are on their way to Tatogga to begin a planned 18,000-meter drill program at this exciting new gold project in British Columbia's Golden Triangle. A 16,000-meter discovery drill program carried out last year included 86 holes that were primarily focused on the Saddle South discovery. Highlights from the high-grade gold cut during this drilling include 7 meters of 51.53 g/t gold and 117.38 g/t silver; 12.2 meters of 14.75 g/t gold; 3.4 meters of...
The Bornite deposit at Trilogy Metal Inc.'s Upper Kobuk Mineral Projects in Northwest Alaska contains 77 million pounds of cobalt, according to a maiden resource estimate published by the company on June 5. This significant cobalt resource, among the largest in North America, is a by-product to the roughly 6.4 billion lb of copper that has been outlined so far at this world-class deposit in the Ambler Mining District. Trilogy Metals anticipates that a US$10 million...
Riversgold Ltd. June 6 reported that it plans to complete 1,000 meters of drilling on its Southwest Alaska gold properties. A Perth-based mineral exploration company that listed on the Australia Stock Exchange late in 2017, Riversgold owns three gold exploration properties – Luna-Quicksilver, Kisa and Gemuk – that blanket 27,122 acres of the Kuskokwim Mountains about 120 miles southwest of the Donlin Gold project. These properties lie at the southwest end of the Tintina Gold B...
Constantine Metal Resources Ltd. June 6 reported the start of a 10,000-meter drill program to expand the resource and test new targets at the Palmer volcanogenic massive sulfide project in Southeast Alaska. Being carried out by a joint venture between Constantine (51 percent) and Dowa Metals & Mining Co. Ltd. (49 percent), this year's drilling will target the definition and expansion of the copper-zinc-silver-gold resource at the South Wall-RW deposit; expansion of the AG...
Avidian Gold Corp. June 5 said a 2018 drill program is now underway at Golden Zone, with an initial focus on following up on the significant intercepts and "new discoveries" drilled during the 2017 program. Located about midway between Anchorage and Fairbanks, the Golden Zone property hosts numerous gold targets along an 8,000-meter-long trend. Breccia Pipe, the most advanced of these, is a deposit with 4.19 metric tons of indicated resource averaging 1.99 grams per metric ton...
K2 Gold Corp. June 4 said it has begun an initial phase of its 2018 exploration program at Wels, a western Yukon gold property about 30 miles (50 kilometers) east of the Alaska-Yukon border. A re-interpretation of the existing rock, soil, and drill sample geochemistry commissioned by Wels earlier this year shows that antimony and arsenic have a clear affinity with the known gold in all rock-types on the property. A 3,000- by 1,500-meters antimony signature has been identified...
White Rock Minerals Ltd. June 5 reported that massive sulfide mineralization was tapped in two of the first three holes drilled this year at Red Mountain, a zinc enriched volcanogenic massive sulfide project about 60 miles south of Fairbanks, Alaska. Last year, Australia-based White Rock commissioned a resource calculation for the two main deposits at Red Mountain – Dry Creek and West Tundra Flats – that meets modern reporting standards. This maiden Australian Joint Ore Reserv...