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
Seabridge Gold Inc. June 13 reported that it is preparing to launch a drill program to test the Bronson Slope and Quartz Rise gold-copper targets along a recently recognized trend of mineralization on the company's Iskut property in British Columbia's Golden Triangle. "We have identified a regional trend that seems to be a primary control on the distribution of mineralized intrusive centers and this discovery has created considerable excitement in our team," said Seabridge...
Kinross Gold Corp. has finalized the sale of its Kupol Mine and gold exploration properties in Russia's Far East to the Highland Gold Mining group of companies for US$340 million in cash. On June 15, Kinross reported that it has already received $300 million in U.S. denominated cash in its corporate account and will receive a deferred payment of $40 million on the one-year anniversary of closing the sale of all its assets in Russia. Highland Gold Mining had previously agreed...
Recent analysis by University of British Columbia Professor Greg Dipple indicates that tailings from a mine at the Wellgreen nickel-copper-cobalt-platinum group metals deposit on Nickel Creek Platinum Corp.'s Nickel Shäw project in southeastern Yukon could absorb large quantities of carbon dioxide from the atmosphere. About 15 years ago, Dipple realized that ultramafic rocks such as those that host the nickel-rich mineralization at Wellgreen are among the largest carbon...
Nova Minerals Ltd. June 16 announced the start of the 2022 drill program at the high-grade RPM gold deposit on the Australia-based company's Estelle project in Alaska. Based on one hole drilled in 2012 and six completed by Nova last year, RPM North hosts 23.1 million metric tons of JORC-compliant inferred resource averaging 2 grams per metric ton (1.5 million oz) gold. Nova plans to drill more than 40 holes focused on expanding and upgrading this resource. This drilling...
NorZinc Ltd. June 13 announced that the Prairie Creek camp is open, and it has mobilized two drills for the start of a planned 5,300-meter drill program at the zinc mine project in Northwest Territories. According to a 2021 calculation, Prairie Creek hosts 9.8 million metric tons of measured and indicated resources averaging 9.7% zinc, 8.8% lead, and 139 grams per metric ton silver; and 6.4 million metric tons of total inferred resources averaging 12.9% zinc, 6.7% lead, and...
Benchmark Metals Inc. June 13 announced that its Lawyers gold-silver project in Northern British Columbia now hosts 2.74 million ounces of gold and 52.9 million oz of silver in the measured and indicated resource category. The updated resource for Lawyers includes the results from 200,000 meters of drilling completed in 1,097 holes at the Cliff Creek, AGB and Dukes Ridge deposits. "The expanded Mineral Resource Estimate is demonstrating the world-class potential of Benchmark's...
White Gold Corp. June 13 announced the start of its 2022 diamond drill program targeting both Ryan's Surprise and Ulli's Ridge on the company's expansive and underexplored over 1-million-acre (422,730 hectares) land package in the emerging White Gold District in Yukon, Canada. Much of this year's program will further evaluate targets on the White Gold and Betty Ford properties to follow up on encouraging results encountered during the 2021 exploration, as well as to perform...
Palladium One Mining Inc. June 13 announced the acquisition of Canalask, a nickel-copper-platinum group elements project near Beaver Creek in the Yukon, from Victoria Gold Corp. The 3,400-hectare (8,402 acres) Canalask property lies alongside the Alaska Highway about 300 kilometers (186 miles) northwest of Whitehorse and near the Alaska border. Exploration on the project dates back to the 1950s when the Canalask footwall zone was originally discovered, drilled, and partially...
