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
Heliostar Metals Ltd. June 16 reported that drills have tapped a high-grade gold vein in the area of the historic Apollo Mine on Unga Island and multiple strong gold intercepts at the adjacent Sitka Mine site. From 1886 to 1922, the historic Apollo Mine produced roughly 130,000 ounces of gold from ore that is estimated to have averaged around 10 grams per metric ton gold. This ore is reported to have been mined from three closely spaced, parallel veins. The Apollo vein...
Pretium Resources Inc. June 18 reported some impressive high-grade results from the 83 holes completed during the second phase of North Block resource expansion drilling at Brucejack, even by the Bonanza grade standards of this gold mine in British Columbia's Golden Triangle. Going into 2021, the Valley of the Kings deposit at Brucejack hosted 11.5 million metric tons of proven and probable reserves averaging 8.7 grams per metric ton (3.2 million ounces) gold and 9.8 g/t (3.6...
Seabridge Gold Inc. June 15 reported that a contractor at its recently acquired 3 Aces gold project in Canada's Yukon tested positive for COVID-19 when the company conducted a rapid antigen shortly after the person's arrival to carry out preliminary work at the project. Three other individuals who came into close contact with this individual have all tested negative for COVID-19 following the completion of rapid antigen tests by Seabridge. All four individuals are in...
StrikePoint Gold Inc. June 16 reported the 2021 exploration programs are now underway at its Porter Silver and Willoughby gold-silver properties east of the mining town of Stewart in British Columbia's prolific Golden Triangle. "Our 2021 drilling programs are the most aggressive in the company's history," said StrikePoint Gold President and CEO Shawn Khunkhun. This drilling will begin with an initial 5,000-meter phase of 2021 drilling at Porter, a past-producing silver...
Blackwolf Copper and Gold Ltd. June 16 reported that the spring 2021 underground resource expansion and exploration drilling program has cut substantially thicker intervals of copper-gold-silver-zinc mineralization than expected at the Lookout deposit, which hosts the bulk of the resource identified so far at the company's Niblack volcanogenic massive sulfide deposit in Southeast Alaska. According to a 2011 calculation, the Lookout deposit at Niblack hosts 5.6 million metric...
Nova Minerals Ltd. June 16 announced the start of drilling at RPM, a potentially higher-grade zone that represents the next stage of growth on the company's Estelle gold property in Alaska. Situated about 16 miles (25 kilometers) south of Korbel, where Nova has outlined 4.7 million ounces of gold in 518 million metric tons of inferred resource averaging 0.3 grams per metric ton gold, RPM is a high-priority exploration target with very high gold grades at surface. One hole...
After setting a company record for exploration spending during 2020, Coeur Mining Inc. is on pace to set the bar even higher this year. "We are carrying out our most active exploration campaign in Coeur's history with up to 22 drill rigs deployed across six sites, with positive results rolling in on a regular basis," said Coeur Mining Vice President of Exploration Hans Rasmussen. Through the first four months of 2021, these rigs completed roughly 103,750 meters of drilling, a...
Banyan Gold Corp. June 14 announced the start of an initial phase of 2021 drilling at the Aurex Hill target on its AurMac gold project about 40 kilometers (25 miles) south of Victoria Gold Corp.'s Eagle Mine in the Yukon. AurMac hosts 52.58 million metric tons of inferred resource averaging 0.54 grams per metric ton (903,945 oz) gold in two deposits – Powerline and Airstrip. Aurex Hill is an intriguing resource expansion target that lies about 1,200 meters east of Powerline. "...
